Global conductive polymers market is growing with the instantaneous pace; mainly due to the burgeoning electrical

Key Players

Covestro AG (Germany), 3M (U.S.), Celanese Corporation (U.S.), Solvay (Belgium), PolyOne (U.S.),  SABIC (Saudi Arabia), Heraeus Holding (Germany), Premix (U.S.), MacDermid (U.S.), and Hyperion Catalysis International (U.S.) among others are some of the prominent players at the forefront of competition in the Global Conductive Polymers Market and are profiled in MRFR Analysis.

Conductive polymers Market – Market Overview:

The global conductive polymers market is growing with the instantaneous pace; mainly due to the burgeoning electrical & electronics industries. According to a recent study report published by the Market Research Future, the global market of conductive polymers is booming and expected to gain prominence over the forecast period. The market is estimated to demonstrate a remarkable growth by 2032, surpassing its previous growth records in terms of value with a striking CAGR during the forecasted period (2023 - 2032).

Globally, the market for conductive polymers is driven by the region North America, owing to growing consumption of inherently conductive polymers in actuators & sensors, anti-static packaging, batteries, and capacitors. These polymers are used in the production of flat panel displays, photovoltaic cells and bioelectronics due to advantages offered by the product such as lightweight and excellent antioxidant characteristics. Moreover, acrylonitrile butadiene styrene polymers, a product type of conductive polymers are utilized in various applications such as IC (Inherently Conductive) chip carriers and tote boxes.

Increasing demand for the product in applications such as solar panels, LED (Light Emitting Diode), electrical super capacitors, and others signifies the growth of electrical & electronics industry. Moreover, growing consumption of product due to unique features offered by the product such as thermal and chemical resistance provide a boost to the conductive polymers market growth.

On the other hand, extensive use of polyurethane films in major industries is projected to propel the market growth during the forecast period.

Conductive polymers are used in various end-use industries such as automotive, construction & buildings, railways, aerospace, energy, and others. They are also used for the production of capacitors, batteries, and others in the electronics sector. The growing demand of these polymers has prompted the manufacturers and investors to shift their focus from heavy metals to lightweight materials in end-use applications. Additionally, the growing research & development activities and innovations of the product in the established companies have resulted into a remarkable growth in the market during the forecast period.

Conductive polymers Market   -

Regional Analysis

Geographically, North America region holds the major portion of global conductive polymers market. The U.S. is leading the region owing to growing urbanization coupled with technological developments resulting into an increase in demand for the product in major industries. Increasing consumption of conductive polymers in actuators & sensors, anti-static packaging, batteries, capacitors, solar, and others has boosted the market demand in Canada, and Mexico. Asia Pacific has witnessed a significant growth in the market owing to rapid consumption of lightweight materials in end-use industries. A notable growth has been received by the European region due to implementation of strict rules and regulations to adopt lightweight materials instead of alloys or metals in major sectors. Additionally, the market is growing significantly in the Middle East & Africa and Latin America regions, due to rising awareness of eco- friendly products in the major industries.        

Conductive Polymers Market- Competitive Landscape:

The conductive polymers market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Conductive polymers market is set to grow at a higher rate which is likely to attract many entrants to the market resulting into healthy competition in the future. Manufacturers functioning in the conductive polymers market are struggling to respond to an increase in demand for the product from electrical & electronics, automotive, aerospace, and other sectors attributed to growing production capacity in major sectors. They ensure to deliver the best quality products based on innovative technologies, solutions and best practices.

Industry/ Innovation/ Related News:

November 23, 2017 – Heraeus Holding (Germany), one of the leading producers of conductive polymers, declared that the company has produced a new set of conductive polymers and these materials are used to reduce the sheet resistance on flexible and foldable screens. The conductivity and transmission features of the product are improved by the consumption of electrostatic polymers. One of the sources of the company also announced that the distracting screen glare on displays has been reduced by 50%. Therefore, these factors are expected to drive the market over the assessment period.

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