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

germany lies at the forefront of the european 2-ethyl-3,4-ethylenedioxythiophene (edot) market due to the high levels of r&d conducted by both the academic and industrial sectors. with a multitude of companies offering the product for sale, the competitive landscape is becoming increasingly saturated. edot is noted for its stability and extremely low toxicity, making it attractive to many applications in the pharmaceutical, medical and automotive industries. looking ahead to the future, the demand for edot in germany is expected to be steady from 2018 to 2032, with an overall positive outlook. a decentralised supply chain will have a major role to play in providing germany with a consistent supply of edot, allowing for both domestic and foreign production. this, compounded with ever-improving technology, will increase efficiency of synthesis and yield of the product and offer reducing costs in the future. a shift in focus towards more value-added products in th... e treated and modified chemical components of edot is likely to be seen during the forecasted period. this is due in part to the growth of the automotive industry in germany, which requires edot in the manufacturing of its components. research initiatives such as the ‘battery competence initiative’ have demonstrated that edot is a key component for producing safer, longer-lasting and low-cost batteries. in europe, germany is the largest market for edot, with key companies specialising in the production of edot in place to meet the growing demand of the industry. it is also likely to be an export leader in the edot market, taking advantage of its international development. the ability of germany to expand and capitalise on the global edot market is promising for both producers and consumers alike. in summary, the germany edot market outlook is positive for 2018 to 2032, with demand for the product increasing steadily due to greater innovation and expansion of the automotive industry. decentralised supply chains, increased efficiency of synthesis and a larger export market will help germany make the most of the global edot market over the period.   Read more