According to a market report by Lucintel, the future of the global wearable material market looks promising with opportunities in the consumer electronics, medical, and industrial markets. The global wearable material market is expected to grow with a CAGR of 16.1% from 2024 to 2030. The major drivers for this market are growing demand for fitness tracking wearable devices with higher functionality and increasing popularity of internet of things.
A more
than 150-page report to understand trends, opportunity and forecast in global wearable
material market to 2030 by type (silicones, polyurethanes, fluoroelastomers,
and others), application (consumer electronics, medical, industrial, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that silicones will remain the largest segment over the forecast
period due to its growing usage in a variety of skin care applications.
Within
this market, consumer electronics will remain the largest segment due to
increasing usage of wearable gadgets like smartwatches, health monitors, and
fitness bands.
Download
sample by clicking on wearable material
market.
APAC is
expected to witness highest growth over the forecast period due to huge demand
for the product across a range of end-use application industries and increasing
public interest in fitness and wellness.
Eastman,
Shin-Etsu, Elkem, Momentive Performance Materials, Lubrizol, BASF, Dowdupont are
the major suppliers in the wearable
material market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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