Market Challenges And Opportunities

Global PEDOT Market: Drivers

Demand for lightweight materials

Increasing demand for lightweight materials is expected to drive growth of the global PEDOT market. In electronics industry, PEDOT is used in development of advanced technological products such as wearables, flexible electronics displays, and semiconductors. The technological products are manufactured using PEDOT polymers for its electrical, optical, and physical and mechanical properties.

Electronic devices require high conductivity and stability

Electronic devices require high conductivity and stability which leads to increase in demand for PEDOT (Poly(3,4-ethylenedioxythiophene)). The low bandgap of PEDOT that is formed by the effect of the electron donor ethylene dioxy group on the energies of the frontier group of the π systems, offers high level of conductivity. Moreover, PEDOT is also used in antistatic packaging and smart windows, owing to its stability that is achieved by electron-donating effect within oxygen bombs and the effective ring geometry.

Global PEDOT Market: Restraints

High production cost

High production cost increases the overall price of pedot polymers, and this is expected to restrain the market growth. Pedot manufacturing companies have to bear huge costs, due to lower stability during the production process. This results in a capacitance drop after a particular number of charge-discharge cycles. Limited capacitance is hampering the adoption of pedot in industrial applications. Therefore, high cost of pedot is expected to hamper growth of the pedot market over the forecast period.

PEDOT Market Report Snapshots