PEDOT MARKET ANALYSIS
Global PEDOT market was valued at US$ 4.09 Mn in 2022 and is expected to exhibit a CAGR of 8.42% over the forecast period (2023–2030), to reach US$ 7.81 Mn by 2030.
Among polymer type, the Clevois P segment accounted for the largest market share in 2022, owing to increasing applications in the manufacturing of antistatic packaging trays, antistatic coatings, and organic thin film transistor (OTFT) backplanes. Moreover, the Clevios S segment is used in the manufacturing of electrochromic displays.
Among application, the Flexible Displays/OTFT Backplanes segment accounted for a significant market share in the global PEDOT market in 2022, owing to increasing demand for Flexible Displays/OTFT Backplanes in the automotive industry. Rising demand for Flexible Displays/OTFT Backplanes is due to technological advancements in the automotive industry such as self-driving cars, and adoption of artificial intelligence for manufacturing of electric vehicles.
Market- Trends
PEDOT Market Report Snapshots
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