Stretchable Conductive Material Market

DuPont & Co. (U.S.), and 3M Company (U.S.), are the Two Major Players in the Stretchable Conductive Material Market.

The stretchable conductive material market was valued at USD 0.1 Million in 2015 and is expected to reach USD 6.5 Million by 2022, at a CAGR of 79.10% during the forecast period. The increasing use of stretchable conductors in consumer electronics and the advancements in design strategies, assembly techniques, and materials are the major drivers for the stretchable conductive material market. Moreover, the higher operational speed through miniaturization of electronic products is another major driver for the stretchable conductive material market

The rising demand for stretchable conductive materials in the emerging markets has encouraged companies to adopt the strategy of new product launches. The market players such as DuPont & Co. (U.S.), 3M Company (U.S.), Applied Nanotech Inc. (U.S.), Advanced Nano Products Co., Ltd. (South Korea), Indium Corporation (U.S.), Toyobo Co., Ltd. (Japan), Lotte Advanced Materials Co., Ltd. (South Korea), Textronics, Inc. (U.S.), National Institute of Advanced Industrial Science and Technology (Japan), and Vorbeck Materials Corp. (U.S.) are some of the leading companies that have adopted this strategy to grow in the market.

DuPont & Co. (U.S.), and 3M Company (U.S.), are the two major players in the stretchable conductive material market. DuPont has strong R&D capabilities, which help it bring product innovations in the stretchable conductive material market. The company constantly strives to bring technological advancements in its product portfolio. In line with its belief that the stretchable conductive material market would be the major contributor to the established and emerging markets in the next five to ten years, the company is investing hugely in its R&D activities to boost its reliability and sustain in the competitive environment of the stretchable conductive material market. In December 2014, DuPont Microcircuit Materials unveiled a suite of stretchable electronic ink materials to be used in wearable electronics and smart clothing applications. This included PE872 stretchable conductor and a stretchable and washable dielectric encapsulant PE772. This would help in making smart clothing applications easier to design, manufacture, wash, and wear.

3M has adopted the strategies of collaborations and new product launches to help it expand its operations in different parts of the world and also cater to different products and services. 3M is one of the major players in the stretchable electronics and flexible circuits category. It supplies custom one- and two-metal layer flexible circuits for fine pitch and/or high-density applications. 3M enables customers to achieve increased routing density by offering unique interconnect solutions that use ultra-thin flexible circuit materials in combination with state-of-the-art circuit processing techniques. This would help the company to increase to establish its footprint in the stretchable conductive material market. In December 2013, 3M and Cambrios Advanced Materials (U.S.) entered into a collaboration for the production of flexible silver nanowire film for touchscreens.

Related Reports:

Stretchable Conductive Material Market by Conductor Material (Graphene, Carbon Nanotube, Silver, Copper), Application (Wearables, Biomedical, Photovoltaics, Cosmetics), and Geography - Global Forecast to 2022

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Report Code
SE 5128
Published ON
Mar, 2017
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