Wearable Materials Market Share Worth $4.5+ Billion, Globally, by 2027 at 14+% CAGR, Driven by Rise in Popularity of IoT | Exclusive Research Study by The Insight Partners

 

The wearable materials market size is expected to grow at a CAGR of 14.5% from 2020 to 2027, Industry size is estimated to reach USD 4.98 billion by 2027 which was valued at USD 1.73 billion in 2019.

New York, Oct. 11, 2022 (GLOBE NEWSWIRE) -- According to The Insight Partners, “Wearable Materials Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Silicones, Polyurethanes, Fluoroelastomers, and Others), Function (Energy Harvesting, Sensing, Thermoelectricity, Luminescent, Warming and Cooling, and Others), and Application (Consumer Electronics, Medical, Industrial, and Others)”, the global wearable materials market size is witnessing extensive growth by rising demand of wearable and portable electronic devices, popularity of IoT and adoption of wearables in multiple application areas.

Download Sample PDF Brochure of Wearable Materials Market Size - Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00003254

Global Wearable Materials Market: Competitive Landscape

The major players operating in the global wearable materials market include Arkema, Momentive, The Lubrizol Corporation, Wacker Chemie AG, Covestro AG, DSM, Solvay S.A, Shin-Itsu, BASF SE and DuPont among many others. The major players in the wearable material market are focused on strategies such as expansion and research and development to increase the geographical presence and consumer base globally.