Global Wearable Materials Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026
Chapter 1 Executive Summary
- 1.1.Market Summary
- 1.1.1.Global Wearable Materials Market, 2016-2026, (USD Million)
- 1.2.Market Snapshot: Global Wearable Materials Market
- 1.3.Market Dynamics
- 1.4.Global Wearable Materials Market, by Segment, 2018
- 1.4.1.Global Wearable Materials Market, by Material Type, 2018, (USD Million)
- 1.4.2.Global Wearable Materials Market, by Application, 2018, (USD Million)
- 1.4.3.Global Wearable Materials Market, by Region, 2018 (USD Million)
- 1.5.Premium Insights
- 1.5.1.Wearable Materials Market In Developed Vs. Developing Economies, 2018 vs 2023
- 1.5.2.Global Wearable Materials Market: Regional Life Cycle Analysis
Chapter 2 Market Dynamics
- 2.1.Market Overview
- 2.2.Market Drivers
- 2.2.1.Growing demand for wearable devices
- 2.2.2.Increasing popularity of internet of things
- 2.3.Market Restraints
- 2.3.1.Less availability of durable and compatible material
- 2.3.2.Increasing manufacturing cost of wearable material
- 2.4.Market Opportunities
- 2.4.1.Increasing awareness in developing and underdeveloped regions
- 2.4.2.Growing adoption wearable devices in multiple areas
- 2.5.Industry Value Chain Analysis
- 2.6.Pricing Analysis
- 2.7.Porter’s Five Forces Analysis
Chapter 3 Global Wearable Materials Market, by Material Type
- 3.1.Market Overview, by Material Type
- 3.1.1.Global Wearable Materials Market, by Country, 2016-2026 (USD Million)
- 3.1.2.Incremental Opportunity, by Material Type, 2018
- 3.2.Silicones
- 3.2.1.Global Wearable Materials Market, by Silicones, 2016-2026, (USD Million)
- 3.3.Polyurethanes
- 3.3.1.Global Wearable Materials Market, by Polyurethanes, 2016-2026, (USD Million)
- 3.4.Fluoroelastomers
- 3.4.1.Global Wearable Materials Market, by Fluoroelastomers, 2016-2026, (USD Million)
- 3.5.Others
- 3.5.1.Global Wearable Materials Market, by Others, 2016-2026, (USD Million)
Chapter 4 Global Wearable Materials Market, by Application
- 4.1.Market Overview, by Application
- 4.1.1.Global Wearable Materials Market, by Application, 2016-2026 (USD Million)
- 4.1.2.Incremental Opportunity, by Application, 2018
- 4.2.Consumer Electronics
- 4.2.1.Global Wearable Materials Market, by Consumer Electronics, 2016-2026, (USD Million)
- 4.3.Medical
- 4.3.1.Global Wearable Materials Market, by Medical, 2016-2026, (USD Million)
- 4.4.Industrial
- 4.4.1.Global Wearable Materials Market, by Industrial, 2016-2026, (USD Million)
- 4.5.Others
- 4.5.1.Global Wearable Materials Market, by Others, 2016-2026, (USD Million)
Chapter 5 Global Wearable Materials Market, by Region
- 5.1.Market Overview, by Region
- 5.1.1.Global Wearable Materials Market, by Region, 2016-2026, (USD Million)
- 5.2.Attractive Investment Opportunity, by Region, 2018
- 5.3.North America Wearable Materials Market
- 5.3.1.North America Wearable Materials Market, by Material Type, 2016-2026 (USD Million)
- 5.3.2.North America Wearable Materials Market, by Application, 2016-2026 (USD Million)
- 5.3.3.United States Wearable Materials Market, 2016-2026 (USD Million)
- 5.3.4.Canada Wearable Materials Market, 2016-2026 (USD Million)
- 5.4.Europe Wearable Materials Market
- 5.4.1.Europe Wearable Materials Market, by Material Type, 2016-2026 (USD Million)
- 5.4.2.Europe Wearable Materials Market, by Application, 2016-2026 (USD Million)
- 5.4.3.United Kingdom Wearable Materials Market, 2016-2026 (USD Million)
- 5.4.4.Germany Wearable Materials Market, 2016-2026 (USD Million)
- 5.4.5.France Wearable Materials Market, 2016-2026 (USD Million)
- 5.4.6.Rest of Europe Wearable Materials Market, 2016-2026 (USD Million)
- 5.5.Asia Pacific Wearable Materials Market
- 5.5.1.Asia Pacific Wearable Materials Market, by Material Type, 2016-2026 (USD Million)
- 5.5.2.Asia Pacific Wearable Materials Market, by Application, 2016-2026 (USD Million)
- 5.5.3.China Wearable Materials Market, 2016-2026 (USD Million)
- 5.5.4.Japan Wearable Materials Market, 2016-2026 (USD Million)
- 5.5.5.India Wearable Materials Market, 2016-2026 (USD Million)
- 5.5.6.Rest of Asia Pacific Wearable Materials Market, 2016-2026 (USD Million)
- 5.6.Latin America Wearable Materials Market
- 5.6.1.Latin America Wearable Materials Market, by Material Type, 2016-2026 (USD Million)
- 5.6.2.Latin America Wearable Materials Market, by Application, 2016-2026 (USD Million)
- 5.6.3.Brazil Wearable Materials Market, 2016-2026 (USD Million)
- 5.6.4.Mexico Wearable Materials Market, 2016-2026 (USD Million)
- 5.6.5.Rest of Latin America Wearable Materials Market, 2016-2026 (USD Million)
- 5.7.Middle East & Africa Wearable Materials Market
- 5.7.1.Middle East & Africa Wearable Materials Market, by Material Type , 2016-2026 (USD Million)
- 5.7.2.Middle East & Africa Wearable Materials Market, by Application, 2016-2026 (USD Million)
- 5.7.3.GCC Wearable Materials Market, 2016-2026 (USD Million)
- 5.7.4.Rest of Middle East & Africa Wearable Materials Market, 2016-2026 (USD Million)
Chapter 6 Competitive Intelligence
- 6.1.Top 5 Players Comparison
- 6.2.Market Positioning of Key Players, 2018
- 6.3.Market Players Mapping
- 6.3.1.By Material Type
- 6.3.2.By Application
- 6.3.3.By Region
- 6.4.Strategies Adopted by Key Market Players
- 6.5.Recent Developments in the Market
- 6.5.1.Mergers & Acquisitions, Partnership, New Product Developments
Chapter 7 Company Profiles
- 7.1.BASF
- 7.1.1.BASF Overview
- 7.1.2.BASF Products Portfolio
- 7.1.3.BASF Financial Overview
- 7.1.4.BASF News/Recent Developments
- 7.2.Dowdupont
- 7.2.1.Dowdupont Overview
- 7.2.2.Dowdupont Products Portfolio
- 7.2.3.Dowdupont Financial Overview
- 7.2.4.Dowdupont News/Recent Developments
- 7.3.Wacker Chemie AG
- 7.3.1.Wacker Chemie AG Overview
- 7.3.2.Wacker Chemie AG Products Portfolio
- 7.3.3.Wacker Chemie AG Financial Overview
- 7.3.4.Wacker Chemie AG News/Recent Developments
- 7.4.DSM
- 7.4.1.DSM Overview
- 7.4.2.DSM Products Portfolio
- 7.4.3.DSM Financial Overview
- 7.4.4.DSM News/Recent Developments
- 7.5.Arkema
- 7.5.1.Arkema Overview
- 7.5.2.Arkema Products Portfolio
- 7.5.3.Arkema Financial Overview
- 7.5.4.Arkema News/Recent Developments
- 7.6.Elkem
- 7.6.1.Elkem Overview
- 7.6.2.Elkem Products Portfolio
- 7.6.3.Elkem Financial Overview
- 7.6.4.Elkem News/Recent Developments
- 7.7.Eastman Corporation
- 7.7.1.Eastman Corporation Overview
- 7.7.2.Eastman Corporation Products Portfolio
- 7.7.3.Eastman Corporation Financial Overview
- 7.7.4.Eastman Corporation News/Recent Developments
- 7.8. Shin-Etsu
- 7.8.1. Shin-Etsu Overview
- 7.8.2. Shin-Etsu Products Portfolio
- 7.8.3. Shin-Etsu Financial Overview
- 7.8.4. Shin-Etsu News/Recent Developments
- 7.9.Momentive Performance Materials
- 7.9.1.Momentive Performance Materials Overview
- 7.9.2.Momentive Performance Materials Products Portfolio
- 7.9.3.Momentive Performance Materials Financial Overview
- 7.9.4.Momentive Performance Materials News/Recent Developments
- 7.10.Lubrizol
- 7.10.1.Lubrizol Overview
- 7.10.2.Lubrizol Products Portfolio
- 7.10.3.Lubrizol Financial Overview
- 7.10.4.Lubrizol News/Recent Developments
Chapter 8 Preface
- 8.1.Data Triangulation
- 8.2.Research Methodology
- 8.2.1.Phase I – Secondary Research
- 8.2.2.Phase II – Primary Research
- 8.2.3.Phase III – Expert Panel Review
- 8.2.4.Approach Adopted
- 8.2.4.1.Top-Down Approach
- 8.2.4.2.Bottom-Up Approach
- 8.2.5.Supply- Demand side
The global wearable materials market was valued at USD 1.5 billion in 2018 and is expected to reach USD 3.2 billion in 2026, growing at a CAGR of 15.3% during the forecast period.Wearable materials are bio-compatible materials which are used in the wound dressing and skin patches, drug delivery devices, medical implants, and medical smart electronic devices. Wearable materials are available in many forms such as silicones, polyurethanes, fluoroelastomers, polyaniline etc. These wearable materials have characteristics such as flexibility, durability, strength, chemical resistance, UV resistance, and sweat resistance.The growth of this market is primarily driven by increasing disposable incomes, growing technological innovation in healthcare and consumer goods industry, growing popularity and availability of low-cost wearable devices. Also, increasing initiative from the suppliers and manufacturers such as the development of skin-sensitive would contribute to the market growth in the near future. However, fluctuation in availability and prices of Materials and lack of awareness in developing economies might hamper the growth of wearable materials market to some extent during the forecast periodThe silicon material type segment expected to dominate the market throughout the forecast periodBased on material type, the global wearable materials market has been segmented into silicones, fluoroelastomers, polyurethanes, and others which includes PET, polyamide and polyaniline. The silicones material type segment accounted for approximately 42% of the share in the global wearable materials market in 2018. The growth of this market is attributed to its wide range of application in different industries such as cosmetics and skincare, medical devices and smart wearable devices. Comparted to any other polymer, silicone is more breathable, comfortable and user-friendly. The use of silicones in peel and stick technology for wearable medical devices is likely to boost in the near future, which would further drive the growth of this segment during the forecast period.Based on application, the healthcare application segment is expected to grow at a CAGR of around 16% throughout the forecast periodBased on application, the market has been segmented into consumer electronics, healthcare, industrial and others. The consumer electronics application segment accounts of the largest share in the market and accounting 37% market share in 2018. While the healthcare segment is expected to hold the highest CAGR of nearly 16% during the forecast period. The growing popularity of wearable electronic devices, such as health fitness tracker or bands, and the availability of such device are affordable cost contributes to the growth of consumer electronic segment during the forecast period. Also, the increasing innovation in the healthcare industry and the growing popularity of artificial intelligence would contribute to the growth of healthcare application segment in the near future.North America to dominate the wearable materials market throughout the forecast periodNorth America accounted for the largest market share nearly 39% of the global Wearable materials market in 2018 and is expected to dominate the market throughout the forecast period. The growth is mainly attributed to the high disposable income and purchasing power, high demand for fitness tracking gadgets and higher adoption of technologically advanced devices. Asia Pacific is expected to register the highest CAGR in the global market during the forecast period. Growing awareness regarding fitness activities, increasing purchasing power and availability of mid-end to low-end fitness devices contributes to the growth of Asia Pacific wearable materials market throughout the forecast period. Also, increasing healthcare expenditure in Asia Pacific regions is likely to contribute to the growth of this segment during the forecast periodCompany Profiles and Competitive Intelligence:Few of the key player in the wearable materials market are BASF, DSM, Eastman Chemical Company, Elkem, Covestro AG, Wacker Chemie, Arkema, Momentive Performance Materials, DAIKIN INDUSTRIES, Ltd., The Lubrizol Corporation, Shin-Etsu Chemical Co., Ltd., and Solvay, Sekisui Chemical Co Ltd. among others.