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2-Ethyl-3,4-ethylenedioxythiophene Market Size, Share & Trends Analysis Report By End-user (Electronics, Pharmaceuticals), By Region (North America, Europe, APAC, Central & South America, MEA), And Segment Forecasts, 2023 - 2030

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    Report

  • 70 Pages
  • August 2023
  • Region: Global
  • Grand View Research
  • ID: 5876191
The global 2-ethyl-3,4-ethylenedioxythiophene market size is expected to reach USD 27.7 million by 2030, growing at 4.0% CAGR from 2023 to 2030. This can be attributed to a significant surge in consumer demand for electronic products and pharmaceuticals worldwide due to the increasing population and consumer spending.

2-ethyl-3,4-ethylenedioxythiophene (2-ethyl EDOT) is a non-corrosive liquid used as a precursor in synthesizing conducting polymers employed in various electronic applications. It is widely utilized for manufacturing semiconductors, electronic chemicals, organic light-emitting diodes, organic photovoltaic cells, etc. The increase in the manufacturing of electronic products worldwide, especially in China, fuels the global demand for the product.

However, 2-ethyl EDOT is a relatively new chemical compound whose applications are yet to be explored to its full potential. If the potential applications and benefits of 2-ethyl-3,4-ethylenedioxythiophene are not widely known or understood by industries and end users, it can restrict market growth. Lack of awareness and limited knowledge about the compound's capabilities can lead to slower adoption and market penetration.

The 2-ethyl-3,4-ethylenedioxythiophene (2-ethyl-EDOT) market is competitive owing to small-sized domestic players that account for its majority share. These companies have offline and online channels for distributing their finished products. Increasing demand for products offered by these companies from different end-use industries has encouraged them to improve their footprint and product range.

2-Ethyl-3,4-ethylenedioxythiophene Market Report Highlights

  • The electronics segment is expected to emerge as the fastest-growing end-user segment with a CAGR of 4.4% from 2023 to 2030. This is due to the rising application of the product for enhancing the solubility of electronic materials
  • Pharmaceutical emerged as the second fastest-growing application segment in the global 2-ethyl-3,4-ethylenedioxythiophene industry due to the rising emergence of the product in pharmaceutical formulations on account of the benefits associated such as increased reaction efficiency, improved selectivity, and high catalytic activity
  • Asia Pacific is expected to emerge as the fastest-growing region with a CAGR of 4.5% from 2023 to 2030. The advancing end-use industry, coupled with research & development activities in key countries such as China, South Korea, and India, is anticipated to drive the demand for the product in the region over the forecast period
  • Europe region is expected to witness a high CAGR over the forecasted period due to high end-use concentration, especially in the pharmaceutical industry. The area is dedicated to developing pharmaceutical products backed by solid R&D activities. Such factors contribute to the exponential potential of the product in the pharmaceutical industry
  • The global 2-ethyl-3,4-ethylenedioxythiophene industry is characterized by numerous small-sized domestic companies striving to meet the increasing demand worldwide. However, market dynamics result in higher pricing for 2-ethyl-3,4-ethylenedioxythiophene. Moreover, a significant number of manufacturers encounter production capacity limitations

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
1.6.1 Research scope and assumptions
1.6.2 List of Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 2-ethyl-3,4-ethylenedioxythiophene: Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global EDOT Market Outlook
3.2 Industry Value Chain Analysis
3.2.1 Manufacturing/Technology Trends
3.2.1.1 Steps of Synthesis
3.2.2 Sales Channel Analysis
3.3 Regulatory Framework
3.3.1 Europe
3.3.2 U.S.
3.3.2.1 Toxic Substances Control Act (TSCA)
3.3.2.2 Environment Protection Agency (EPA)
3.3.3 Canada
3.3.3.1 Canadian Environmental Protection Act (CEPA)
3.3.3.2 Workplace Hazardous Materials Information System (WHMIS)
3.3.4 China
3.3.5 Japan
3.3.6 South Korea
3.4 Price Trend Analysis, 2018 - 2030
3.4.1.1 Factors Influencing Prices of 2-ethyl-3,4-ethylenedioxythiophene Market
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.1.1 Increasing Product Penetration in Electronics Industry
3.5.1.2 Rising application of the product in the agrochemical industry
3.5.2 Market Restraint Analysis
3.5.2.1 Limited level of R&D activity related to the product
3.5.3 Industry Challenges
3.5.3.1 High Research & Development Cost
3.5.3.2 Environmental Considerations
3.5.4 Industry Opportunities
3.6 Industry Analysis Tools
3.6.1 PORTERs Analysis
3.6.2 Macroeconomic Analysis- PESTLE Analysis
Chapter 4 2-ethyl-3,4-ethylenedioxythiophene Market: End-use Estimates & Trend Analysis
4.1 End-use Movement Analysis & Market Share, 2022 & 2030
4.1.1 Pharmaceutical
4.1.2 Electronics
4.1.3 Other End-use
Chapter 5 2-ethyl-3,4-ethylenedioxythiophene Market: Regional Estimates & Trend Analysis
5.1 2-ethyl-3,4-ethylenedioxythiophene Market: Regional Outlook
5.2 North America
5.2.1 North America 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
5.3 Europe
5.3.1 Europe 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
5.5 Central & South America
5.5.1 Central & South America 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
5.6 Middle East & Africa
5.6.1 Middle East & Africa 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Chapter 6 Competitive Landscape
6.1 Market Participant’s Overview
6.1.1 Suzhou Yacoo Science Co., Ltd.
6.1.2 Chem-Impex International, Inc.
6.1.3 ARVIK PHARMA PVT. LTD.
6.1.4 Qingdao Fuqiang New Material Technology Co., Ltd.
6.1.5 Ningbo Taikang Chemical Co., Ltd.
6.1.6 Aartia Kem Science
6.2 Financial Performance
6.3 Product Benchmarking
6.4 Company Categorization
6.5 Key Company Market Share Analysis, 2022
6.6 Vendor Landscape
6.6.1 List Of Key Distributors & Channel Partners
6.6.2 Key Potential End-users
6.7 Company Heat Map Analysis
List of Tables
Table 1 Financial Performace
Table 2 Product Benchmarking
Table 3 Company Heat Map Analysis
List of Figures
Fig. 1 2-ethyl-3,4-ethylenedioxythiophene Market Segmentation & Scope
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 2-ethyl-3,4-ethylenedioxythiophene Market Snapshot
Fig. 7 2-ethyl-3,4-ethylenedioxythiophene Market Segment Snapshot
Fig. 8 2-ethyl-3,4-ethylenedioxythiophene Market Competitive Landscape Snapshot
Fig. 9 Electronic Materials and Chemicals Market, and 2-ethyl-3,4-ethylenedioxythiophene Market Value, 2022 (USD Million)
Fig. 10 2-ethyl-3,4-ethylenedioxythiophene Market: Industry Value Chain Analysis
Fig. 11 2-ethyl-3,4-ethylenedioxythiophene Price Trend Analysis, 2018 - 2030 (USD/Kg)
Fig. 12 2-ethyl-3,4-ethylenedioxythiophene Market Dynamics
Fig. 13 China Electronic Integrated Circuits Exports, 2015 - 2021 (units)
Fig. 14 U.S. Industrial Production: Manufacturing of Durable Goods: Computer & Electronic Products, 2010 - 2022
Fig. 15 China Exports of Insecticides, 2015 - 2022 (Kilotons)
Fig. 16 2-ethyl-3,4-ethylenedioxythiophene Market: PORTERs Analysis
Fig. 17 2-ethyl-3,4-ethylenedioxythiophene Market: PESTLE Analysis
Fig. 18 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, by End - use: Key Takeaways
Fig. 19 2-ethyl-3,4-ethylenedioxythiophene Market Share, By End - use, 2022 & 2030
Fig. 20 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, in Pharmaceutical 2018 - 2030 (Tons) (USD Million)
Fig. 21 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, in Fabric Softeners 2018 - 2030 (Tons) (USD Million)
Fig. 22 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, in Other End - use, 2018 - 2030 (Tons) (USD Million)
Fig. 23 2-ethyl-3,4-ethylenedioxythiophene Market Revenue, by Region, 2022 & 2030 (USD Million)
Fig. 24 North America 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 25 Europe 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 26 Asia Pacific 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 27 Central & South America 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 28 Middle East & Africa 2-ethyl-3,4-ethylenedioxythiophene Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 29 Key Company Categorization
Fig. 30 Global 2-ethyl-3,4-ethylenedioxythiophene Market - Company Market Share Analysis - 2022

Companies Mentioned

  • Suzhou Yacoo Science Co., Ltd.
  • Chem-Impex International, Inc.
  • ARVIK PHARMA PVT. LTD.
  • Qingdao Fuqiang New Material Technology Co., Ltd.
  • Ningbo Taikang Chemical Co., Ltd.
  • Aartia Kem Science

Methodology

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Table Information