Flexible Electronics and Materials Market 2017 Growth Analysis and Key Players: DuPont, BASF, Merck Kgaa, LG, Samsung, Cymbet, Hewlett Packard, Solar Frontier

Market Research Future published a research report on “Flexible Electronics and Materials Market Research Report- Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Flexible Electronics and Materials Global Market – Overview

Flexible Electronics and Materials Market has gained a huge traction around the globe owing to the increased electronics industry. According to a recent study report published by the Market Research Future, The Flexible Electronics and Materials Market is projected to grow at a rapid pace during the forecast period (2017 – 2022). The Flexible Electronics and Materials Market is forecasted to demonstrate an aggrandized growth by 2022, surpassing its previous growth records; with a striking CAGR during the forecasted period 2017-2022.

The major growth driver of Flexible Electronics and Materials Market includes growing demand for compact and light weight electronic products, increasing competition among commercialized technologies such as LCD, LED, and OLED, and rise in demand for technically upgraded wearable devices among others. Additionally, growing prevailing use of devices such as smartphones, smart glasses, smart watches, and e-book or newspapers, is fostering the demand for flexible electronics.

However, presence of competent technology, complexity of circuit assembly and higher costs these are some of the major factors which are hindering the growth of Flexible Electronics and Materials Market.

The benefits of these new electronics are numerous - ranging from lower cost, improved performance, flexibility, transparency, reliability, better environmental credentials and much more. Many of the applications will be newly created, and where existing electronic and electrical products are impacted, the extent will be varied.

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Flexible circuits have been serving novel applications in medical and healthcare sector since the past few years. Flexible organic electronics can be used in organ implants in the near future, owing to their high compatibility with major biological systems. Bendable smartphones are predicted to be the future of smartphone industry. Research on the applications of flexible electronics in building-integrated photovoltaic is in progress, and is anticipated to the drive the market over the forecast period. Flexible electronics technology is highly suitable for signage boards. Moreover, the technology can be used to incorporate multiple functions in a single device such as microphones, speakers, and batteries.

Flexible electronics or flex circuits, is a technology for assembling electronic circuits by mounting electronic devices on flexible plastic substrates, such as polyimide, PEEK or transparent conductive polyester film. Additionally, flex circuits can be screen printed silver circuits on polyester. Flexible Electronics & Materials are used to fabricate devices that can be employed in a wide variety of applications, including flexible flat-panel displays, medical image sensors, photovoltaic, and electronic paper. Materials discussed range from polymeric semiconductors to nanotube transparent conductors.

Flex circuits are printed on ultra-thin substrates such as plastic, which impart them the foldable, rollable, and bendable characteristics without affecting the functionality.

Key Players

Some of the major players in Global Flexible Electronics and Materials Market include DuPont (U.S.), BASF (Germany), Merck Kgaa (Germany), ALTANA AG (Germany), LG Corporation (South Korea), Samsung Electronics (South Korea), Cymbet Corporation (U.S.), Fujifilm Dimatix (U.S.), Hewlett Packard (U.S.) and Solar Frontier (Germany) among others.

Flexible Electronics and Materials Global Market – Segmentation

Flexible Electronics and Materials Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Components: Comprises Silicon Materials, Dielectrics, Sensors, Transistors, Displays and Contact Materials among others.
Segmentation By Application: Comprises Healthcare, Automotive, Consumer Electronics, Military & Defence and Biometrics among others.
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Industry News:

• Altana AG has announced in July 2016 about its expansion of additive business by acquisition of Addcomp, a Dutch company. The Addcomp will be unified into Plastic additives business of Altana.

• Merck Kgaa has done partnership with UK based Flex Enable company, which is one of the leader of flexible organic electronics market in year 2015. This partnership was implemented to grow in LCD technology market.

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Flexible Electronics and Materials Global Market – Regional Analysis
North America is expected to dominate the Global Flexible Electronics and Materials Market with the largest market share due to presence of major electronic players such as DuPont, Fujifilm Dimatix, and
Hewlett Packard in US and therefore accounting for astronomical amounts and is expected to grow further over its previous growth records by 2022. Flexible Electronics and Materials Market in Asia-Pacific market is expected to generate high growth rate of substantial CAGR by 2022. The Europe market for Flexible Electronics and Materials Market is expected to grow at a considerable CAGR (2016-2022).

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