Dublin, Aug. 08, 2018 (GLOBE NEWSWIRE) -- The "Supercapacitor Materials Market by Type, By End Users and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
According to the report, the global supercapacitor material market is expected to grow at a CAGR of 19.3% during the forecast period and reach $2.2 billion by 2023.
Asia Pacific has the fastest growth rate and is likely to move toward greater adoption of advanced supercapacitor materials technology, which will directly boost the consumption value, majorly from China, Japan, and South Korea.
The increased demand for electric vehicles and power generation from wind turbines need supercapacitors to be placed to optimize their power density requirements. The market according to the material type used is divided into activated charcoal, carbon derivatives, metal oxides, conductive polymers, and others. The main application areas of supercapacitor materials covered in the study are consumer electronics, industrial, and transportation sectors.
The consumption of supercapacitor materials mostly comes from transportation and consumer electronics segments due to better adoption rate in the industry. Further, R&D in material enhancement for more power capacity effectiveness is expected to boost the growth in the next 5 years. Globally, the demand for supercapacitor materials is high in economically developing countries, whereas the developed regions are moving toward saturation.
The regional demand for supercapacitor materials is growing, especially in Asia Pacific and European regions. This growth is supported by the increasing awareness about sustainable power sources and high consumption of energy in these regions. Currently, Asia Pacific is the global leader in the supercapacitor materials market from the demand side.
The European region has strict policies for the non-toxic materials consumption, providing the maximum usage of high-quality supercapacitor materials. From the supplier side, Asia Pacific is leading the market, followed by Europe. Developing and underdeveloped markets, such as Middle East, are also witnessing capital investments for R&D and product development of materials for supercapacitors, which is increasing the regional competition.
Companies Featured in the Report
- Arkema
- BASF
- Hitachi Chemicals
Key Topics Covered
1 Report Outline
1.1 Introduction
1.2 Report Scope
1.3 Market Definition
1.4 Research Methodology
1.4.1 Data Collation & In-house Estimation
1.4.2 Market Triangulation
1.4.3 Forecasting
1.5 Study Declarations
1.6 Report Assumptions
1.7 Stakeholders
2 Executive Summary
2.1 Asia Pacific Has Highest Growth Rate in the Supercapacitor material Market
2.2 Transportation segment has the highest market share by revenue and is growing exponentially in the forecast period
3 Market Positioning
3.1 Total Addressable Market: Global Supercapacitor Market
3.1.1 Market Overview
3.1.2 Major Trends
3.2 Segmented Addressable Market
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Value Chain Analysis
4.3 PESTLE Analysis
4.4 Porter 5 (Five) Forces
4.5 Patent Analysis
5 Market Characteristics
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing demand for end-use application
5.2.1.2 Decreasing conventional energy sources with rise in non-conventional alternatives
5.2.2 Restraints
5.2.2.1 High price of the material
5.2.2.2 Difficulties in laboratory scaling up operations for mass production
5.2.3 Opportunities
5.2.3.1 Technological development in the products
5.2.3.2 Large untapped market in developing and underdeveloped countries
5.2.4 DRO - Impact Analysis
6 By Material Type: Market Size and Analysis
6.1 Overview
6.2 Activated Carbon
6.3 Carbon Derivatives
6.4 Metal Oxides
6.5 Conductive Polymers
6.6 Vendor Profiles
6.6.1 BASF SE
6.6.2 Targray Technology International Inc.
6.6.3 NEI Corporation
6.6.4 Hitachi Chemicals Ltd.
6.6.5 ARKEMA
(Overview, business units, geographic revenues, product profile, recent developments, business focus, SWOT analysis, and business strategies have been covered for all vendors)
7 End-user: Market Size and Analysis
7.1 Overview
7.2 Consumer Electronics
7.3 Transportation
7.4 Industrial
7.5 Customer Profile
7.5.1 Tesla, Inc.
7.5.2 Toyota Motor Corporation
7.5.3 General Electric (GE)
7.5.4 Toshiba Corporation
7.5.5 TDK Corporation
(Overview, business units, geographic revenues, product profile, business focus, SWOT analysis, and business strategies have been covered for all customers)
8 Regions: Market Size and Analysis
8.1 Overview
8.2 Asia Pacific
8.3 North America
8.4 Europe
8.5 Rest of the World
8.5.1 Rest of the World Market by Regions
8.5.2 Rest of the World Market by Material Type
8.5.3 Rest of the World Market by Applications
(Market segmentation by countries, material type, and application have been covered for all regions)
9 Companies to watch for
9.1 BASF
9.1.1 Overview
9.1.2 BASF enters market for advanced carbon materials with acquisition of EnerG2
9.2 First Graphene opens up
9.2.1 Overview
10 Competitive Landscape
10.1 Competitor Comparison Analysis
10.2 Market Landscape
10.2.1 Mergers, Acquisitions, & Joint Ventures
10.2.2 Expansion
10.2.3 Exhibition & Product Launch
10.2.4 Divestment & divestiture
10.2.5 Awards & Recognition
10.2.6 Agreement & Partnership
11 Expert's Views
12 Annexure
For more information about this report visit https://www.researchandmarkets.com/research/zw5srp/global?w=12
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