Conductive Polymer Market 2021-2025: Demand, Growth Opportunities, Cost and Gross Profits, Key Manufacturers and Regional Outlook
Conductive Polymer Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
Dallas, United States – May 25, 2021 /MarketersMedia/ —
Conductive polymers are basically plastics with added benefits of being pliable and lightweight. Moreover, since they belong to the plastic family, these are inexpensive in nature and capable of conducting electricity. They are popularly used in industrial sector owing to their flexible properties such as shrinkage, bendability and protruding behaviour when conductive polymers are stimulated by electricity. Conductive polymers can be segregated into variety of product components such as, inherently conductive polymers (ICPs), conductive plastics, inherently dissipative polymers (IDPs) and other conductive polymers. This range of conductive polymers are extensively applied in capacitators, antistatic packaging, batteries, textiles and fabrics, actuators, sensors, organic transistors and solar cells.
In 2017, the global conductive polymer market size was valued at USD 3.64 Billion.
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Furthermore, surge in R&D activities associated with consistent development in producing polymers with capable of conducting electricity which has successfully resulted in the development of polyamiline, polypyrrole, polyacetylene and polythiophene. The conductive polymers market is highly driven by the growing demand for lightweight, high-performance, superior quality and cost-effective products. Physical and chemical characteristics of the conductive polymers help them acquire a sufficient market traction owing to their dimensional stability, chemical resistance, flexibility and strength which is successfully augmenting the growth of the conductive polymers market during the forecast period.
The most predominantly used conductive polymers include Acrylonitrile-butadiene-styrene (ABS), polycarbonate, polyvinyl chloride (PVC), polypropylene and polyphenylene-based resins which form three-fourth of all the conductive polymers used. The conductive polymers market is expected to witness a surge in demand particularly from the photovoltaic industry owing to the appealing properties of the conductive polymers with a potential to replace silicon. They are applied in various different ways in the photovoltaic industry including chip packaging, display materials, plastic transistors, sensors and ultra-capacitators thus proposing a massive market demand for conductive polymers. Such an expanse of utility in just one industry indicates the conductive polymers market to project enhanced growth rate during the forecast.
Conductive polymer’s applications are tremendously expanding for instance they are used to produce Light emitting diode-based backlights and displays. LEDs are widely used on commercial as well as small scale owing to their non-expensive production processes and low operating voltages. Conductive polymers also find applications in the electric and electronic sector such as utilization in backlight displays of cell phones and television screens. The electronics end-user segment of the conductive polymers market is considered to propose a lucrative market growth. North America is the presiding conductive polymers market accounting for majority of the global demand owing to the growing R&D activities led by the key players of the market. Europe is the second largest conductive polymers market followed by Asia Pacific projecting faster growth rate.
Leading players of the global conductive polymer market include 3M, Solvay SA, KEMET, Celanese, Hyperion Catayst International, Heraeus, Covestro and SABIC. Heavy reliance on rock oil costs is anticipated to stay a difficult issue for manufacturers.
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Key segments of the global conductive polymer market
Product Overview, 2015-2025 (USD million) (Kilo tons)
ABS
Polyphenylene-based Resins
Polycarbonates
Inherently Conductive Polymers (ICP)
Nylon
Others
Application Overview, 2015-2025 (USD million) (Kilo tons)
Actuators & Sensors
Anti-Static Packaging
Batteries
Capacitors
Solar energy
Others
Regional Overview, 2015-2025 (USD million) (Kilo tons)
North America
US
Canada
Mexico
Europe
United Kingdom
Germany
France
Asia Pacific
India
China
Japan
South Korea
South America
Brazil
Middle East & Africa
Some Major Points from Table of Contents:
List of Figures
Market segmentation
Global conductive polymer market share, by types, 2017 & 2025 (USD million) (Kilo tons)
Global ABS conductive polymer market share, 2015 – 2025 (USD million) (Kilo tons)
Global polyphenylene–based resins conductive polymer market share, 2015 – 2025 (USD million) (Kilo tons)
Global polycarbonates market share, 2015 – 2025 (USD million) (Kilo tons)
Global inherently conductive polymer market share, 2015 – 2025 (USD million) (Kilo tons)
Global nylon conductive polymer market share, 2015 – 2025 (USD million) (Kilo tons)
Global other conductive polymer market share, 2015 – 2025 (USD million) (Kilo tons)
Global conductive polymer market share, by application, 2017 & 2025 (USD million) (Kilo tons)
Global actuators & sensors conductive polymer market share 2015 – 2025 (USD million) (Kilo tons)
Global anti-static packaging conductive polymer market share 2015 – 2025 (USD million) (Kilo tons)
Global batteries conductive polymer market share 2015 – 2025 (USD million) (Kilo tons)
Global capacitors conductive polymer market share 2015 – 2025 (USD million) (Kilo tons)
Global solar energy conductive polymer market share 2015 – 2025 (USD million) (Kilo tons)
Global other conductive polymer market share 2015 – 2025 (USD million) (Kilo tons)
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