Market Overview:
Conductive polymers are a
class of polymers that conduct electricity. These polymers are lightweight,
inexpensive plastics, which when stimulated by electricity shrink, bend, or
protrude. These polymers offer metallic conductivity and can be used as
semiconductors. These polymers are extensively used for anti-static packaging,
textiles, capacitors, batteries, sensors, solar cells, actuators, and organic
transistors. The growing demand in the aforementioned applications is a major
factor driving the growth of the global conductive polymers market. Moreover,
increasing consumer awareness regarding the shielding of electronic devices
from electrostatic discharge and radio frequency interference is expected to
positively impact market growth. Moreover, the growing purchasing power
in emerging economies has augmented the demand for electronics which is also
contributing to the revenue of the global market. Furthermore, the growing
smartphone market across the globe coupled with various government initiatives
to digitalize the economy is driving market growth. In addition, the extensive
use of lightweight materials in the automobile industry to increase fuel
efficiency has propelled the use of PPP-based resins and ABS in wiring systems.
On the basis of product
type, the ABS segment was the largest, accounting for over 32% in 2017. The
growth of the segment can be attributed to the superior properties of ABS,
including enhanced impact strength, durability, and temperature resistance.
Moreover, ABS is used in numerous electronic applications such as IC tray and
tray dividers, IC chip carriers, and tote boxes. Furthermore, the PPP-based
resins segment is expected to grow at a significant CAGR due to its extensive
use in the manufacturing of under-the-hood vehicle components as it offers
enhanced thermal and chemical resistance.
Global Key Players:
Global Key Players:
- Heraeus
- Dow Chemical
- Bayer
- Lubrizol Corporation
- Henkel Electronics
- Crosslink
- ITEK
- Nano Markets
- CBI Polymers
- AnCatt
Market Segmentation:
The Global Conductive
Polymers Market Size is segmented on the basis of types and
applications. On the basis of type, the global market is segmented into
Polyaniline, Polycarbonate, Inherently Conductive Polymers, Polyphenylene-based
resins and others. On the basis of application, the global conductive polymers
market is segmented into Batteries, Capacitors, ESD & EMI protection, solar
cells, packaging and others.
Regional Analysis of
Conductive Polymers Market:
The global conductive
polymers market is poised to reach $XX billion in 2016 to $XX billion in 2027
at a CAGR of Geographically, North America is accounted to be the largest
regional market for conductive polymers followed by Europe. Asia-Pacific is
projected to be the fastest growing market for Conductive polymer market due to
rapid growth in application segments of conductive polymers.
Browse Full Report@ https://www.marketresearchfuture.com/reports/conductive-polymers-market-929
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