The Global PEDOT Market Is Witnessing High Growth Owing To the Increasing Usage of the Material in Various Sectors Such As the Automobile and Semiconductor Industry


Poly (3,4-ethylene dioxythiophene) polystyrene sulfonate (PEDOT: PSS) is a material that is increasingly being used in the manufacture of many different types of plastic materials, including polystyrene pellets and sheets. The term PEDOT: PSS is derived from the chemical composition styrene, which is commonly referred to as polystyrene. This chemical compound is typically produced from the separation of hydrogen and oxygen molecules in an oil solution. The resulting material, which can be considered polymer, is flexible and has excellent thermal qualities. Unlike other plastics, polystyrene does not possess a true melting point, so it has excellent thermal conductivity. It is also one of the most versatile plastic materials available, capable of a wide range of molding and wrapping applications.

There are two common ways in which polystyrene sulfonate is utilized today. One way in which it is used is to create new foam products such as fireproofing, sealants, and padding. The other way in which polystyrene is used is through the creation of tungsten disulfide polymers. The increasing expansion of chemical labs in the world, mainly in developing nations such as India is the main factor that is enhancing the growth of the global PEDOT market. For instance, the Indian Council Of Scientific And Industrial Research–National Chemical Laboratory (CSIR-NCL) includes around 37 laboratories, field stations and units, and has a collective staff of more than 17,000. Moreover, the versatile application of poly (3,4-ethylene dioxythiophene) polystyrene sulfonate (PEDOT: PSS) in various sectors such as automobiles and semiconductors is augmenting the growth of the global PEDOT market.

Polystyrene sheets are typically formed from PSS in a binder. This material is used, among other things, for insulating thermal tape, clothing, roofing material, and pipe insulation. Because the ws2 substance has excellent thermal conductivity, when applied to certain substrates, it will form a protective barrier between the two different layers of material. In this way, the material can insulate against heat while still allowing air and water to pass through. In addition, because polystyrene has excellent plasticity, and users can usually find polystyrene sheets in a wide variety of different sizes, colors, and shapes. However, lesser knowledge regarding PEDOT is the main restraining factor that is hindering the growth of the global PEDOT market.

Owing to the increasing expansion of the automobile sector in the region, Europe is experiencing high growth in the global PEDOT market. For instance, according to Automotive World, in Europe in 2020, around 12 million units of passenger vehicles were sold. Moreover, the prevalence of key market players in the region is also aiding the growth of the market. These factors have resulted in various development in the global PEDOT market. For instance, according to in January 2019, Shanghai Sunwise Chemical Co., Ltd took part in the 11th Vietnam International Chemical Industry Exhibition that was held in Ho Chi Minh City of Vietnam.

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