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2-Ethyl-3,4-ethylenedioxythiophene Market Size, Share & Industry Trends Analysis Report By End User (Electronics, Pharmaceuticals and Others), By Regional Outlook and Forecast, 2023 - 2030

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    Report

  • 165 Pages
  • August 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5886941
The Global 2-Ethyl-3,4-ethylenedioxythiophene Market size is expected to reach $26.8 million by 2030, rising at a market growth of 3.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 94.6 Quintal experiencing a growth of 2.2% (2019-2022).

2-ethyl-3,4-ethylenedioxythiophene-containing conductive polymers are used to develop supercapacitors and other energy storage devices. Therefore, the electronics segment generated $10.5 million revenue in 2022. As energy storage technology advances, there is a growing demand for high-performance materials in this sector. Printed electronics, which use conductive inks and materials for manufacturing electronic circuits and components, have gained popularity. 2-ethyl-3,4-ethylenedioxythiophene-based materials are suitable for printing, making them valuable in this field. Some of the factors impacting the market are rising applications in biomedical and healthcare devices, growing trends towards flexible and stretchable electronics, and limited level of R&D related to the product.



2-ethyl-3,4-ethylenedioxythiophene-based conductive polymers can be used to create biocompatible electrodes for various biomedical devices, such as electrocardiography (ECG) electrodes, electroencephalography (EEG) electrodes, and electromyography (EMG) electrodes. The trend toward wearable health monitoring devices, such as smartwatches and fitness trackers, could benefit from 2-Et-EDOT-based materials. These materials can be integrated into sensors for tracking physiological parameters like heart rate, skin conductance, and temperature. These factors will help generate demand for the 2-ethyl-3,4-ethylenedioxythiophene in the coming years. 2-Et-EDOT can be polymerized with other monomers to create conductive polymers with improved stretchability. conductive polymers incorporating 2-Et-EDOT can be used in soft robotics applications, where flexibility and stretchability are essential. These materials enable the creation of robotic components and sensors that can conform to various shapes and movements. They can be integrated into wearable sensors for health monitoring and fitness tracking. These sensors can be flexible and stretchable, making them comfortable for long-term wear and capable of measuring various physiological parameters. These factors are beneficial for the expansion of the market.

However, 2-Et-EDOT is a specialized chemical compound used in conductive polymers, making it a niche material. It may not be as widely known or recognized as a more common material, hindering market visibility. Additionally, the complex and technical nature of 2-Et-EDOT's name and properties further compounds the challenge of market exposure. Addressing these issues requires concerted educational initiatives, collaborative efforts, and simplified communication strategies to ensure this innovative material gains recognition in the broader market landscape. Therefore, limitations in R&D will restrain the demand for 2-Et-EDOT in the coming years.

End-user Outlook

Based on end-user, the market is segmented into electronics, pharmaceuticals, and others. The pharmaceuticals segment garnered a substantial revenue share in the market in 2022. As a fundamental building block for constructing conducting polymers, 2-ethyl-3,4-ethylenedioxythiophene is crucial in the pharmaceutical industry. Additionally, it is helpful in oxidative cross-coupling processes. Due to its versatility, various pharmaceuticals, including antibiotics, anti-cancer medications, therapeutic agents, and more, can be produced. Additionally, the creation of undesirable byproducts during chemical synthesis is significantly decreased when 2-ethyl-3,4-ethylenedioxythiophene is utilized as a catalyst, resulting in an incredibly effective, economical, and environmentally friendly production process. As a result, the pharmaceutical segment is expected to grow significantly.



Regional Outlook

On the basis of region, the market is divided into North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment held the largest revenue share in the market in 2022. The growth of the regional market results from the region’s remarkable economic development, rapid industrialization, and substantial expansion in major end-use industries. Notably, China and India were significant factors in the segment’s growth. These nations have become important growth engines. In addition, most 2-ethyl-3,4-ethylenedioxythiophene producers are based in China and India, including Suzhou Yacoo Science Co., Ltd., Chem-Impex International, Inc., and ARVIK PVT. LTD., Qingdao Fuqiang New Material Technology Co., Ltd., and Ningbo Taikang Chemical Co., Ltd. Therefore, the segment will grow at a rapid rate in the future as well.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Suzhou Yacoo Science Co., Ltd., Orac Chem-Impex International, Inc., Arvik Pharma Pvt. Ltd., Qingdao Fuqiang New Material Technology Co., Ltd, Ningbo Taikang Chemical Co., Ltd, and Aartia Kem Science

Scope of the Study

By End-user (Volume, Quintal, USD Thousands, 2019-2030)

  • Electronics
  • Pharmaceuticals
  • Others

By Geography (Volume, Quintal, USD Thousands, 2019-2030)

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Suzhou Yacoo Science Co., Ltd.
  • Orac Chem-Impex International, Inc.
  • Arvik Pharma Pvt. Ltd.
  • Qingdao Fuqiang New Material Technology Co., Ltd
  • Ningbo Taikang Chemical Co., Ltd
  • Aartia Kem Science

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global 2-Ethyl-3,4-ethylenedioxythiophene Market, by End User
1.4.2 Global 2-Ethyl-3,4-ethylenedioxythiophene Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. Global 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
4.1 Global Electronics Market by Region
4.2 Global Pharmaceuticals Market by Region
4.3 Global Others Market by Region
Chapter 5. Global 2-Ethyl-3,4-ethylenedioxythiophene Market by Region
5.1 North America 2-Ethyl-3,4-ethylenedioxythiophene Market
5.1.1 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.1.1.1 North America Electronics Market by Country
5.1.1.2 North America Pharmaceuticals Market by Country
5.1.1.3 North America Others Market by Country
5.1.2 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country
5.1.2.1 US 2-Ethyl-3,4-ethylenedioxythiophene Market
5.1.2.1.1 US 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.1.2.2 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market
5.1.2.2.1 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.1.2.3 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market
5.1.2.3.1 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.1.2.4 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market
5.1.2.4.1 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2 Europe 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.1 Europe 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2.1.1 Europe Electronics Market by Country
5.2.1.2 Europe Pharmaceuticals Market by Country
5.2.1.3 Europe Others Market by Country
5.2.2 Europe 2-Ethyl-3,4-ethylenedioxythiophene Market by Country
5.2.2.1 Germany 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.2.1.1 Germany 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2.2.2 UK 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.2.2.1 UK 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2.2.3 France 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.2.3.1 France 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2.2.4 Russia 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.2.4.1 Russia 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2.2.5 Spain 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.2.5.1 Spain 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2.2.6 Italy 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.2.6.1 Italy 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2.2.7 Rest of Europe 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.2.7.1 Rest of Europe 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3 Asia Pacific 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.1 Asia Pacific 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3.1.1 Asia Pacific Electronics Market by Country
5.3.1.2 Asia Pacific Pharmaceuticals Market by Country
5.3.1.3 Asia Pacific Others Market by Country
5.3.2 Asia Pacific 2-Ethyl-3,4-ethylenedioxythiophene Market by Country
5.3.2.1 China 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.2.1.1 China 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3.2.2 Japan 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.2.2.1 Japan 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3.2.3 India 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.2.3.1 India 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3.2.4 South Korea 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.2.4.1 South Korea 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3.2.5 Singapore 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.2.5.1 Singapore 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3.2.6 Malaysia 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.2.6.1 Malaysia 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3.2.7 Rest of Asia Pacific 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.2.7.1 Rest of Asia Pacific 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4 LAMEA 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.1 LAMEA 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4.1.1 LAMEA Electronics Market by Country
5.4.1.2 LAMEA Pharmaceuticals Market by Country
5.4.1.3 LAMEA Others Market by Country
5.4.2 LAMEA 2-Ethyl-3,4-ethylenedioxythiophene Market by Country
5.4.2.1 Brazil 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.2.1.1 Brazil 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4.2.2 Argentina 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.2.2.1 Argentina 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4.2.3 UAE 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.2.3.1 UAE 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4.2.4 Saudi Arabia 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.2.4.1 Saudi Arabia 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4.2.5 South Africa 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.2.5.1 South Africa 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4.2.6 Nigeria 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.2.6.1 Nigeria 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4.2.7 Rest of LAMEA 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.2.7.1 Rest of LAMEA 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
Chapter 6. Company Profiles
6.1 Suzhou Yacoo Science Co., Ltd.
6.1.1 Company Overview
6.1.2 SWOT Analysis
6.2 Chem-Impex International, Inc.
6.2.1 Company Overview
6.2.2 SWOT Analysis
6.3 Arvik Pharma Pvt. Ltd.
6.3.1 Company Overview
6.3.2 SWOT Analysis
6.4 Qingdao Fuqiang New Material Technology Co., Ltd.
6.4.1 Company Overview
6.4.2 SWOT Analysis
6.5 Ningbo Taikang Chemical Co.,Ltd
6.5.1 Company Overview
6.5.2 SWOT Analysis
6.6 Aartia Kem Science
6.6.1 Company Overview
Chapter 7. Winning Imperative for 2-Ethyl-3,4-ethylenedioxythiophene Market

Companies Mentioned

  • Suzhou Yacoo Science Co., Ltd.
  • Orac 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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