Synopsis
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.
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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.
Segmentation:
The global conductive polymers market 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 XX%. 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.
Key Players:
- Heraeus
- Dow Chemical
- Bayer, Lubrizol Corporation
- Henkel Electronics
- Crosslink
- ITEK
- Nano Markets
- CBI Polymers
- AnCatt
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North America
US
Canada
Mexico
Europe
Germany
France
Italy
Spain
U.K Rest of Europe
Asia – Pacific
China
India
Japan
Australia/New Zealand
Rest of Asia-Pacific
Latin America
Brazil
Others
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