Press release
Bismuth Telluride (Bi2Te3) Based Thermoelectric Materials Market Size, Revenue Share, Insights & Future Outlook
Bismuth Telluride (Bi2Te3) Based Thermoelectric Materials Market SizeThe global market for Bismuth Telluride (Bi2Te3) Based Thermoelectric Materials was valued at US$ 235 million in the year 2024 and is projected to reach a revised size of US$ 427 million by 2031, growing at a CAGR of 8.9% during the forecast period.
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North American market for Bismuth Telluride (Bi2Te3) Based Thermoelectric Materials is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Bismuth Telluride (Bi2Te3) Based Thermoelectric Materials is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Bismuth Telluride (Bi2Te3) Based Thermoelectric Materials include MTI Corporation, Stanford Advanced Materials, Heeger Materials, Aster Materials, American Elements, RusTec LLC, Reade Advanced Materials, ADV-Engineering, Santechchem, Shanghai Yuanguan Technology Co., Ltd., etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
By Type
• P-type Bismuth Telluride (Powder Metallurgy)
• N-type Bismuth Telluride (Zone Melting and Pulling Process)
By Application
• Thermoelectric Modules
• Thermoelectric Cooling Applications
• Thermoelectric Generators
Key Companies
MTI Corporation, Stanford Advanced Materials, Heeger Materials, Aster Materials, American Elements, RusTec LLC, Reade Advanced Materials, ADV-Engineering, Santechchem, Shanghai Yuanguan Technology Co., Ltd., Newsailtech, Guangdong Fuxin Technology Co., Ltd., Jinchuanliuzu, Hunan Jinwang Bismuth Industrial Co., Ltd., 2D Semiconductors, SUNANO ENERGY, Wuhan tuocai Technology Co, Ltd, Wuhan Xinrong New Materials Co., Ltd., SixCarbon Technology (Shenzhen)
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