What can you tell me about the chemical industry and the wearable technology market?
Thank you for getting in contact with ReportLinker. From our many reports about the chemical and materials industry, we have selected two that we hope will be able to help you with your question.
The first report, Global Wearables Market and Implications for Chemicals and Materials was published by Frost & Sullivan in March 2016. This 46 page study provides an overview of the global wearables market and its trends and implications for the chemical and material markets. This report includes an industry overview, background and information on the impact factors. There are also insights into the opportunities for different materials within the wearables market. These include polymers, elastomers, adhesives and conductive materials. These materials have applications in activity trackers, smart watches, smart clothing and smart glasses. This study also investigates the key companies in the market as well as the potential for different materials. There is also information on the best practices for chemical companies who want to succeed in the industry as well as the convergence and disruptive trends. Because smart watches and activity trackers are currently more popular compared to smart clothing, chemical companies are mainly focusing on products for these markets at the moment. The biggest challenges that manufacturers face are the lower product cycle life times and needing to develop solutions that balance research and development costs with time to market. With more demand expected in the Asian market, companies are expected to shift their manufacturing and research and development to the region.
The next report is BCC Research’s Electronic Chemicals and Materials: The Global Market. This 140 page study was published in January 2016 and it provides a comprehensive analysis of recent trends involving the chemicals and other materials that are used in products in the electronics industry. This report expects increased demand for electronic devices to result in the growth of the electronic chemical and material market. The global market was valued at $22 billion in 2014 and it is expected to have a compound annual growth rate of 5.9% to 2020. By the end of this period, the market is expected to be valued at $30.5 billion.
We hope this information has been helpful to you. There is a lot of useful information about the chemical and materials industry in ReportLinker’s portal. If you have any questions or further needs, please feel free to contact us.