The North America 2-Ethyl-3,4-ethylenedioxythiophene Market would witness market growth of 3.6% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 19.2 Quintal, showcasing a growth of 2% (2019-2022).
The growth of the market is due to the increasing product penetration in sectors with end-use applications, including electronics, drugs, and agrochemicals. Growing competition between domestic and foreign production firms is observed in the market.
Additionally, 2-ethyl-3,4-ethylenedioxythiophene (2-ethyl EDOT or 2-Et-EDOT) is a noncorrosive liquid used as a precursor in synthesizing conducting polymers in various electronic applications. It is extensively used in producing organic photovoltaic cells, organic light-emitting diodes, electronic chemicals, semiconductors, and other products. Moreover, the most common materials utilized in devices based on organic light-emitting diodes are conductive polymers; additionally, light-emitting electrochemical cells are being researched.
In recent years, the electronics sector in the United States has grown steadily. According to the US government, Micron announced a $40 billion investment in memory chip production, a necessary component of computers and electronic devices, creating up to 40,000 new manufacturing and construction employment. EDOT-based polymers can be incorporated into drug delivery systems to control the release of pharmaceuticals. By modifying the properties of the polymer, researchers can tailor the drug release kinetics, allowing for sustained or controlled drug delivery over time. As a result, the demand for 2-Et-ETOD in North America will increase in the coming years.
The US market dominated the North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.2 million by 2030. The Canada market is poised to grow at a CAGR of 5.9% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 5% during (2023 - 2030).
Based on End User, the market is segmented into Electronics, Pharmaceuticals and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide 2-Ethyl-3,4-ethylenedioxythiophene Market is Projected to reach USD 26.8 Million by 2030, at a CAGR of 3.8%
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Suzhou Yacoo Science Co., Ltd., Orac Chem-Impex International, Inc., Arvik Pharma Pvt. Ltd., Qingdao Fuqiang New Material Technology Co., Ltd, Ningbo Taikang Chemical Co., Ltd, and Aartia Kem Science
Scope of the Study
Market Segments Covered in the Report:
By End User (Volume, Quintal, USD Thousands, 2019-2030)
- Electronics
- Pharmaceuticals
- Others
By Country (Volume, Quintal, USD Thousands, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Suzhou Yacoo Science Co., Ltd.
- Orac Chem-Impex International, Inc.
- Arvik Pharma Pvt. Ltd.
- Qingdao Fuqiang New Material Technology Co., Ltd
- Ningbo Taikang Chemical Co., Ltd
- Aartia Kem Science
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America 2-Ethyl-3,4-ethylenedioxythiophene Market, by End User
1.4.2 North America 2-Ethyl-3,4-ethylenedioxythiophene Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
4.1 North America Electronics Market by Country
4.2 North America Pharmaceuticals Market by Country
4.3 North America Others Market by Country
Chapter 5. North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country
5.1 US 2-Ethyl-3,4-ethylenedioxythiophene Market
5.1.1 US 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.2 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market
5.2.1 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.3 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market
5.3.1 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
5.4 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market
5.4.1 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user
Chapter 6. Company Profiles
6.1 Suzhou Yacoo Science Co., Ltd.
6.1.1 Company Overview
6.1.2 SWOT Analysis
6.2 Chem-Impex International, Inc.
6.2.1 Company Overview
6.2.2 SWOT Analysis
6.3 Arvik Pharma Pvt. Ltd.
6.3.1 Company Overview
6.3.2 SWOT Analysis
6.4 Qingdao Fuqiang New Material Technology Co., Ltd.
6.4.1 Company Overview
6.4.2 SWOT Analysis
6.5 Ningbo Taikang Chemical Co.,Ltd
6.5.1 Company Overview
6.5.2 SWOT Analysis
6.6 Aartia Kem Science
6.6.1 Company Overview
TABLE 1 North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, USD Thousands
TABLE 2 North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, USD Thousands
TABLE 3 North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, Quintal
TABLE 4 North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, Quintal
TABLE 5 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, USD Thousands
TABLE 6 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, USD Thousands
TABLE 7 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, Quintal
TABLE 8 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, Quintal
TABLE 9 North America Electronics Market by Country, 2019 - 2022, USD Thousands
TABLE 10 North America Electronics Market by Country, 2023 - 2030, USD Thousands
TABLE 11 North America Electronics Market by Country, 2019 - 2022, Quintal
TABLE 12 North America Electronics Market by Country, 2023 - 2030, Quintal
TABLE 13 North America Pharmaceuticals Market by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Pharmaceuticals Market by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Pharmaceuticals Market by Country, 2019 - 2022, Quintal
TABLE 16 North America Pharmaceuticals Market by Country, 2023 - 2030, Quintal
TABLE 17 North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 18 North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 19 North America Others Market by Country, 2019 - 2022, Quintal
TABLE 20 North America Others Market by Country, 2023 - 2030, Quintal
TABLE 21 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country, 2019 - 2022, USD Thousands
TABLE 22 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country, 2023 - 2030, USD Thousands
TABLE 23 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country, 2019 - 2022, Quintal
TABLE 24 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country, 2023 - 2030, Quintal
TABLE 25 US 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, USD Thousands
TABLE 26 US 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, USD Thousands
TABLE 27 US 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, Quintal
TABLE 28 US 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, Quintal
TABLE 29 US 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, USD Thousands
TABLE 30 US 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, USD Thousands
TABLE 31 US 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, Quintal
TABLE 32 US 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, Quintal
TABLE 33 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, USD Thousands
TABLE 34 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, USD Thousands
TABLE 35 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, Quintal
TABLE 36 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, Quintal
TABLE 37 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, USD Thousands
TABLE 38 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, USD Thousands
TABLE 39 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, Quintal
TABLE 40 Canada 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, Quintal
TABLE 41 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, USD Thousands
TABLE 42 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, USD Thousands
TABLE 43 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, Quintal
TABLE 44 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, Quintal
TABLE 45 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, USD Thousands
TABLE 46 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, USD Thousands
TABLE 47 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, Quintal
TABLE 48 Mexico 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, Quintal
TABLE 49 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, USD Thousands
TABLE 50 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, USD Thousands
TABLE 51 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2022, Quintal
TABLE 52 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2023 - 2030, Quintal
TABLE 53 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, USD Thousands
TABLE 54 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, USD Thousands
TABLE 55 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2022, Quintal
TABLE 56 Rest of North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2023 - 2030, Quintal
TABLE 57 Key Information – Suzhou Yacoo Science Co., Ltd.
TABLE 58 Key Information – Chem-Impex International, Inc.
TABLE 59 Key Information – Arvik Pharma Pvt. Ltd.
TABLE 60 Key Information – Qingdao Fuqiang New Material Technology Co., Ltd.
TABLE 61 Key Information – Ningbo Taikang Chemical Co., Ltd
TABLE 62 Key Information – Aartia Kem Science
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 2-Ethyl-3,4-ethylenedioxythiophene Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting 2-Ethyl-3,4-ethylenedioxythiophene Market
FIG 4 Porter’s Five Force Analysis: 2-Ethyl-3,4-ethylenedioxythiophene Market
FIG 5 North America 2-Ethyl-3,4-ethylenedioxythiophene Market share by End-user, 2022
FIG 6 North America 2-Ethyl-3,4-ethylenedioxythiophene Market share by End-user, 2030
FIG 7 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by End-user, 2019 - 2030, USD Thousands
FIG 8 North America 2-Ethyl-3,4-ethylenedioxythiophene Market share by Country, 2022
FIG 9 North America 2-Ethyl-3,4-ethylenedioxythiophene Market share by Country, 2030
FIG 10 North America 2-Ethyl-3,4-ethylenedioxythiophene Market by Country, 2019 - 2030, USD Thousands
FIG 11 SWOT Analysis: Suzhou Yacoo Science Co., Ltd.
FIG 12 SWOT Analysis: Chem-Impex International, Inc.
FIG 13 SWOT Analysis: ARVIK PHARMA PVT. LTD.
FIG 14 SWOT Analysis: Qingdao Fuqiang New Material Technology Co., Ltd.
FIG 15 SWOT Analysis: Ningbo Taikang Chemical Co., Ltd