Conductive Textiles Market Growth, Production, Suppliers, Consumption, Region Forecast to 2024

Posted on 2019-07-18 by P&S Intelligence in Chemicals, Energy // 0 Comments

Conductive textiles are fabrics that can conduct electricity. Conductive fabrics or textiles are materials made by coating or blending with conductive metals including gold, carbon, titanium, nickel, silver and copper. Conductivity is established within thin layers by impregnation of the textile with thiophene derivative monomer followed by oxidative polymerization thereby, maintaining the flexibility of the textiles. Individual filaments within a fabric or yarn are uniformly coated with conductive formulations. The global conductive textiles market includes fabrics of any composition and construction that could be coated and transformed into conductive textiles.

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Conductive textiles have the softness and malleability of fabric coupled with electrical properties. These textiles find applications in projects with a requirement of soft, flexible and washable circuit. They are also used for creating low profile switches in projects where manufactured and hard conductive materials cannot be used. Fabrics can be cut, sewn, stretched, crumpled and manipulated in ways where hard metals, carbon and plastics cannot be used.

Conductive textiles are used in various industrial applications to provide shield to electromagnetic interference. Conductive fabrics can be used to conduct electricity in small spaces, for static dissipation, EMI shielding, signal and power transfer in low resistance versions and in heating elements in higher resistance versions, in medical equipment such as electrodes and others.

The global market is expected to witness a growth during the forecast period (2017-2023). The development of conductive fabrics using graphene inks and the increasing usage of conductive textiles in wearable fitness and medical devices are expected to showcase a positive growth in the overall market. Based on type, the woven textiles segment is expected to be the largest and fastest-growing segment in the global conductive textiles market during the forecast period.

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The rising focus on new product development, innovations and research and development activities is estimated to generate lucrative opportunities for the key players operating in the global market during the forecast period. Additionally, new advancements in the global market in several developing countries is expected to showcase a positive trend.

The key restraints hampering the growth of the global conductive textiles market is the high cost of finished products that has impacted the adoption of conductive textiles. Durability of the fabric may depend of the stretch ability and flexibility based on end use may pose as a challenge to the global conductive textiles market.

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