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Global Thermoelectric Material market is expected to reach 50 million US$ by the end of 2025

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QYResearch<br />

<strong>Thermoelectric</strong> materials show <strong>the</strong> <strong>the</strong>rmoelectric effect in a strong or<br />

convenient form.<br />

The <strong>the</strong>rmoelectric effect refers <strong>to</strong> phenomena <strong>by</strong> which ei<strong>the</strong>r a<br />

temperature difference creates an electric potential or an electric<br />

potential creates a temperature difference. These phenomena are<br />

known more specifically as <strong>the</strong> Seebeck effect (converting temperature<br />

<strong>to</strong> current), Peltier effect (converting current <strong>to</strong> temperature), and<br />

Thomson effect (conduc<strong>to</strong>r heating/cooling). While all materials have a<br />

nonzero <strong>the</strong>rmoelectric effect, in most materials it <strong>is</strong> <strong>to</strong>o small <strong>to</strong> be<br />

useful. However, low-cost materials that have a sufficiently strong<br />

<strong>the</strong>rmoelectric effect (and o<strong>the</strong>r required properties) could be used in<br />

applications including power generation and refrigeration.<br />

www.qyresearch.com

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