Conductive Polymer Market Growth Statistics Facts By Types, Application, Top Key Players, Demand, Production, Revenue, Forecast To 2025
Global Conductive Polymer Market was USD 3.64 Billion in 2017 and is projected to reach USD 7.06 billion in 2025, growing at an ascending growth rate over the forecast period. Upsurge In Demand For Inexpensive, Lightweight And High Performance Polymer Product Is Driving The Global Conductive Polymer Market.
Dallas, United States – January 14, 2019 /MarketersMedia/ —
The study titled “Global Conductive Polymer Market “ is launched by Adroit Market Research in December 2018. The global conductive polymer market is segmented by Types (Acrylonitrile butadiene styrene (ABS), Polyphenylene-based resins, Polycarbonates, Inherently Conductive polymers, Nylon and Other) by Application (Actuators & Sensors, Anti- Static Packaging, Batteries, Capacitors, Solar Energy and Other) by Region ( North America, Europe, Asia Pacific, Latin America and Middle East & Africa) and Forecast 2018 to 2025. Where 2015 to 2017 imply the historical value with forecast between 2018 and 2025. The global conductive polymer market report also includes qualitative insights of the market such as drivers and restraints, value chain and PESTLE analysis.
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The global conductive polymer market is projected to reach USD 7.06 billion in 2025, growing at an ascending growth rate over the forecast period. The affluence of processability and inexpensive raw material, rising demand for an effective performance product, chemical resistance, and dimensional stability are some of the primary factors to drive the global conductive polymer market. However, higher processing time and production cost may restrict the market growth in the forecast period.
Increasing demand from the lithium-ion battery is expected to drive the demand for conductive polymer market in the coming future. The use of for lithium-ion is increasing due to rise in demand from batteries to power portable consumer electronics and electric vehicles. For instance, in 2017, Tesla a manufacturer of the electric vehicle has tied up with Panasonic for mass manufacture of lithium-ion battery cells, which would be used in Tesla energy storage product.
Swift increase in automobile manufacturer across the globe has risen the demand for conductive polymer market. Material properties such as impact resistance and lightweight have reduced the vehicle weight by 50 percent. This enabled automobiles fuel efficient and reduction in C02 emissions without compromising the safety, strength, and style of the car.
The rapid rise in the demand for 3D printing has opened new opportunities for polymer and its derivatives products. Further, this has extended the company’s product portfolio and their investment on R&D. For instance, in May 2018, Polymaker and Covestro together launched a website 3dprinting.com. The website is designed to help the customers to learn the use of polycarbonate in 3D printing in automotive and airplane. It also highlights the current case studies and polycarbonate applications where users can gain deep insights into it.
The global conductive polymer market volume is dominated by ABS type which occupied 34.7% share in 2017. However, in forecast period, polyphenylene product type is projected to grow at a faster pace as compared to other conductive polymer product types. Polyphenylene material holds the outstanding chemical resistance, along with thermal and mechanical properties. With these properties, polyphenylene is widely used in automotive, aerospace, electronics and chemical industries.
The competitive landscape of the global conductive polymer market is fragmented as of 2017. The market is incorporated of many global and regional players such as Sterling Fibers, Agfa-Gevaert N.V., SABIC, Bayer Material Science, Milliken & Company, Ormecon GmbH, Geo-Tech Polymers, RTP Company, Celanese Corporation, and Solvay.
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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
Latin America
Brazil
Middle East & Africa
About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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