PEDOT (Poly(3,4-ethylenedioxythiophene)) is a type of conductive polymerthat possesses electronic and ionic conduction properties. These properties makes it capable of using PEDOT in a various sectors such as energy, healthcare, and in the electronics industry in the form of sensors, capacitors, smart windows, and antistatic packaging among others. Chemical stability and good conductivity of PEDOT leads to increasing adoption of PEDOT.
Market Dynamics
Among application, the antistatic packaging trays segment hold the largest share in the global PEDOT market in year 2022. However, the touch panels segment is also expected to exhibit highest CAGR over the forecast period. In the touch panels segment, PEDOT sensors are used for sensing temperature, humidity, mechanical strains, gas concentrations, and others. PEDOT is extensively used in various industries such as healthcare, energy, and electronics, owing to its properties such as high conductivity and stability.
Among region, Asia Pacific accounted for a significant market share in 2022, owing to increasing presence of key market players in the region such as Heraeus Holding and Ossila limited. In Asia Pacific, the companies are focusing on the adoption of promotional and marketing strategies, in order to strengthen their market position, and to expand their consumer base in the global market. For instance, in January 2019, the company participated in the 11th Vietnam International Chemical Industry Exhibition held at Ho Chi Minh City, Vietnam. The company showcased its products at the exhibition, in order to market and promote them.
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