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 2027, surpassing its previous growth records
in terms of value with a striking CAGR during the forecasted period (2017 –
2027).
Access Sample Report @ https://www.marketresearchfuture.com/reports/conductive-polymers-market-929
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 Market 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.
