India 2-Ethyl-3,4-ethylenedioxythiophene Market Outlook

demand of 2-ethyl-3,4-ethylenedioxythiophene (edot) in the indian market is expected to see substantial growth in the forecast period 2018 to 2032. edot is extensively used in the production of polyanilines, electrochromic films and as an electrolyte additive in li-ion batteries. recently, various countries have also focused on the adoption of the more environment friendly electric vehicles, which happen to be powered by li-ion batteries. the increasing production of li-ion batteries is expected to result in a consistent growth in the demand of edot in india. apart from being used for the manufacturing of li-ion batteries, edot is also widely used in the production of ethylene vinyl alcohol copolymers (evoh) which is majorly used in the food packaging industry. with the growing demand for packaged food in india, the demand for edot is expected to strengthen in the future. also, due to its superior electrochemical and thermal properties, edot is gaining popularity in the production of smart phone batteries, wearable electronics, medical implants, etc. all these expected advancements in the usage can fuel the growth of edot market in india. in order to meet the future demand of edot in india, the manufacturers must focus on increasing their production outputs. the research and development activities must be carried out to further improve the nascent edot industry in india for efficient production of edot. as the demand for energy storage technologies such as li-ion batteries, energy harvesting devices, etc. are growing in india, the requirement for edot is also very likely to grow in near future. the probable future demand of edot in india is expected to be primarily driven by the booming automotive market and the ever increasing demand for food packaging across the indian markets. thus, as per the forecast period 2018 to 2032, edot can be considered as one of the most promising industrial product in india.