Wearable Materials Market will Reach 3.2 Billion USD by 2026

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.

Fremont, United States - September 12, 2019 /MarketersMedia/ —

Increasing health-conscious users aiming for fitness tracking and increasing adaption technologically advanced devices are expected to drive the growth of the wearable materials market

Wearable materials are smart wearable technology is rapidly growing and creating the need for materials which can endure the wear and tear of everyday life. Developing smart devices such as fitness trackers and portable heath monitors requires raw materials with durability, comfort, sweat resistance, chemical resistance, UV resistance, and low density. Wearable materials such as silicones, Fluoroelastomers, Polyurethanes etc offer a wide range of such property to fulfill the current demand for the development of advanced devices. Apart from healthcare and consumer goods industries, wearable materials are widely been adopted by the textile industry. The fabric and machine manufacturers are developing high-quality sewing and embroidery threads using wearable materials to showcase the capability in conductive, sensing, lighting, heating and composites.

GET FREE SAMPLE @ https://www.alltheresearch.com/sample-request/182

The Wearable materials are attracting the attention for smart materials and systems. There has been a noticeable shift in workwear where needs, benefits and environmental conditions are often more clearly defined than in some of the wellness markets. In addition, the automotive industry is also taking shape, by adoption wearable technology-enabled textile. With the growing trend of internet of things, the opportunity and interest for wearable materials remain largely siloed.

The increasing adoption of wearable devices in multiple areas such as fitness, healthcare, and fashion drives the growth of this market throughout the forecast period. In addition, the increasing disposable income in developed and developing economies coupled with rising purchasing power boost the adoption of wearable materials market. Wearable material suppliers are developing skin-friendly materials and process for all types of medical wearable devices. Also, they are also shifting the focus on developing more cost-effective disposable drug delivery devices and durable sterilization resistant reusable devices. On the other hand, lack of awareness in developing economies and high manufacturing cost of wearable materials might hamper the growth of the market to some extent.

Key Findings:

Based on product, the silicone segment is expected to dominate the market with nearly 42% share in the global wearable materials market in 2018
Based on application, the consumer electronics segment accounts of the largest share in the market and is expected to grow at a CAGR of around 9% during the forecast period.
North America accounted for nearly 39% share of the global wearable materials market in 2018

Recent News:

In Jun 2019, Carbon and Arkema, partner to advance the adoption of digital manufacturing.
In Jul 2019, Covestro and the Holst Centre develops next generation of electronic patches which are skin-friendly wearables and made up of breathable thermoplastic polyurethane (TPU) films.
In Jan 2019, Teijin Frontier launched a new line of sportswear and other clothing incorporating "wearable solutions"

FOR MORE CUSTOMIZATION VISIT https://www.alltheresearch.com/customization/182

ABOUT ALLTHERESEARCH:

AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that it’s not just sheer data-points, but the right analysis that creates a difference.

Contact Info:
Name: Rohit B.
Email: Send Email
Organization: AllTheResearch
Address: 39180 Liberty Street Suite 110, Fremont, CA 94538, USA
Phone: 8886916870
Website: https://www.alltheresearch.com

Source URL: https://marketersmedia.com/wearable-materials-market-will-reach-32-billion-usd-by-2026/88918243

Source: MarketersMedia

Release ID: 88918243

More News From E-rumor Mill

Globes carpet kicks off with big sleeves and shades of pink

Feb 25, 2020

NEW YORK — Cynthia Erivo and Greta Gerwig rocked sparkling chokers as the Golden Globes red carpet kicked off Sunday, with Erivo in a hand-beaded custom Thom Browne gown and Gerwig in black and cream. Both went off-shoulder for the big night in Beverly Hills, California. Erivo, the “Harriet” star and fashion standout, said her dress includes designs of her favorite flower, the peony, at the hem and in her lining. The short-sleeve gown, Erivo told E!, took 800 hours. A huge blue stone dropped from her short necklace. Shades of pink had an early trend moment on Kirsten Dunst...

Judge: No slander in Alec Baldwin's comments on parking spat

Feb 25, 2020

NEW YORK — Alec Baldwin didn't slander a man in interviews about a parking dispute that turned physical, a judge has ruled as dueling lawsuits between the actor and the other driver continue. Baldwin's remarks — including claims that Wojciech Cieszkowski's driving was “really fast,” “really aggressive” and made the actor think his wife and son were about to be run over — were "hyperbole" and "rhetorical illustrations," Manhattan judge David B. Cohen wrote Thursday. “They are words of frustration with someone's driving,” not accusations that amount to slander, Cohen wrote. He tossed out Cieszkowski's slander claim, but his assault...

Innovative fashion designers lead the way on sustainability

Feb 25, 2020

LONDON — Innovative fashion designers are turning to such things as horseradish and nettles to make sustainable clothing and accessories to the delight of a growing number of buyers. While more consumers are paying closer attention to how the production of goods impacts the environment, old habits die hard. A buy-and-toss mentality persists despite a boost from celebrities helping to drive the upcycle and vintage movements. Actress Maggie Q, who created an activewear line from recycled fabrics, is among activists who see plenty of room for improvement. She says she feels "sick about fast fashion.'' "You hear people say, 'Well,...

Streep, Miranda and Stone are named as Met Gala co-0chairs

Feb 25, 2020

NEW YORK — Next year's Met Gala may be the closest we'll ever come to getting a Miranda Priestly moment at the starry event. Meryl Streep has been named as a co-chair of the Metropolitan Museum of Art's Costume Institute. The Oscar-winner played Priestly, a thinly veiled fictional version of Vogue editor Anna Wintour, in the movie "The Devil Wears Prada." Wintour clearly has no hard feelings because she selected Streep as a co-chair along with Lin-Manuel Miranda and fellow Oscar-winner Emma Stone. Designer Nicolas Ghesquiere rounds out the group. The gala's theme is "About Time: Fashion and Duration," which...

ABC says interview with Epstein accuser wasn't ready to air

Feb 25, 2020

NEW YORK — ABC News faced questions Tuesday about its reluctance to air a sensitive story of alleged sexual misconduct after a leaked video emerged of reporter Amy Robach complaining about how her bosses handled an interview with a Jeffrey Epstein accuser. The conservative web site Project Veritas released video of Robach venting that "every day I get more and more pissed" that her 2015 interview with Virginia Giuffre never made the air. Robach made her remarks late in August while sitting in a Times Square studio with a microphone but not on the air. ABC said Tuesday that the...

Sign up now!

About Us

Who doesn’t love gossip? E-Rumor Mill grinds the news and gossip to keep reader's well-entertained.

Contact us: sales[at]e-rumormill.com

Subscribe Now!

Quick Links

HomePress