In terms of volume, Global Chemical Fuse Market is anticipated to reach 5448.79 Million Units by 2025, expanding at a CAGR of 4.1% from 2017 to 2025.

Posted On 2018-01-19 by Research N Reports

Research N Reports offers latest published report “Chemical Fuse Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025”. The author of the report analyzed that the Global Chemical Fuse Market accounted for 3785 million units in 2016. 

Research N Reports brings key comprehensions on the subject of Global Chemical Fuse Market in its latest report titled ‘Chemical Fuse Market by Product Types (Surface Mounted Type Fuses, Anisotropic Conductive Films, Lithium-Ion Battery Secondary Protection Devices, Inorganic Polarizer, Others (Thermal)); by Verticals (Electronics and Telecommunications, Industrial, Energy and Lighting, Medical, Security, Automotive and Transportation, Space, Avionics and Defense, Video and Imaging, Computers and Peripherals, Others (Agricultural)); by Regions (North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025.’

Peruse the complete report titled Chemical Fuse Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025” at

https://www.researchnreports.com/semiconductor-electronics/Chemical-Fuse-Market-203844

Chemical fuse has been in existence since decades in many industries. Its uses are increasing with changing requirements of the industrial as well as the medical sector. Surface mount fuse that immediately interrupts overcharge or overcurrent in Lithium-Ion rechargeable battery, came into existence in 1994, and is a standard product of the secondary protection device. The global market is showing lot of potential in future especially in solar cells business and the automotive sector. Fuse plays an important role in protecting the electric parts present in the circuit. In situations when larger overload current runs in the circuit, it safely cuts off the circuit thereby ensuring safety against damage through current overload.

Lithium-ion battery secondary protection devices segment is anticipated to be the dominant product type segment.

The lithium-ion battery secondary protection devices segment led the Global Chemical Fuse Market in the past years, and is projected to dominate the market during the forecast period as well. It is also expected to grow at the fastest rate over the prognosis period. Lithium-ion (Li-ion) batteries are rechargeable batteries with high energy density and are mainly used in portable equipment. These batteries have become popular among automobile manufacturers as they are a suitable alternative to nickel metal batteries used in electric vehicles, due to their small size and light weight.

Energy and lighting segment is predicted to drive the Global Chemical Fuse Market at a robust pace.

The energy and lighting segment is expected to be the largest and fastest growing segment of the global market over the research period. The increasing introduction and implementation of energy saving policies by favorable government regulations across the globe is likely to give the segment a considerable boost in the coming years.

North America is estimated to account for the leading share during the prognosis period.

North America is predicted to witness noteworthy growth over the estimated period. The extensive development in the field of nanotechnology will further improve battery performance making it largely safe and secure. United States is one of the leader in the development of nanotechnology and is largely using its expertise to manufacture lithium-ion battery materials. This is expected to drive the Global Chemical Fuse Market in North America.

Some of the significant players functional in the Global Chemical Fuse Market include Dexerials Corporation (Sony Chemicals Corporation) and so on.