Conductive Polymers Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2017–2027
The global Conductive Polymers market is forecasted to reach USD 7.10 Billion by 2027, according to a new report by Reports and Data. The conductive polymers are a set of organic compounds having properties similar to that of metals and inorganic semiconductors. The rising demand for electrical components is a large driver of growth in this market. The expansion in the global semiconductor industry will also increase the demand for Conductive polymers market. The solar power industry with a growing demand for organic Photovoltaics will require a large demand for conductive polymers market. The rising expenditure in the research of better organic solar cells in the U.S. will also propel the conductive polymers market. The rise in the application of conductive polymers in place of metals, and semi-metals, due to the conductive polymers being easy to process and fabricate.
Conductive polymers market have a
large application in the anti-static packaging industry as it provides
protection to electric components from electrostatic discharge. People are
becoming aware of the harm done to the electronic devices with electrostatic
discharge sensitivity, hence in order to shield the devices from electrostatic
discharge, radiofrequency interference, and electromagnetic interference, these
conductive polymers are being used, this has increased the demand for
anti-static packaging in the U.S., this has been forecasted to drive the
conductive polymers market. The conductive polymers are being used in medical
devices as well, their impeccable mechanical, chemical and electromagnetic
properties give rise to their application as prosthetic limbs.
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On the basis of conducting mechanism,
the products can be segmented into conducting polymers composites and
inherently conducting polymer. The composites market is mainly consisting of
acrylonitrile butadiene styrene (ABS), polycarbonate (PC), polyvinyl chloride
(PVC), polypropylene (PP), nylon, and others. ICPs find their use in the
manufacture of lighting objects, flat panel display, photovoltaic cells and
because of their lightweight and excellent corrosive characteristics they are
used in bioelectronics. They mainly include polyaniline (PANI), polypyrrole
(PPy) and polyacetylene.
Further key findings from the report
suggest
- The European electric vehicles have seen
a 51% increase in the year 2017 as compared to 2016. This makes way for
the growth of the conductive polymers in the European Union. The
automotive sector is always in demand of weight reduction in the vehicles,
with better and stronger alternatives in the market through these
conductive polymers, the demand in the automotive sector will also propel
the conductive polymers market.
· Key
participants include The DowDuPont Inc., 3M Company, Henkel AG & Co. KGaA,
Agfa Gevaert, Solvay SA, RTP Company, The Lubrizol Corporation, Heraeus Holding
GmbH, Saudi Basic Industries Corporation, Covestro AG, and Integrated Polymers
Solutions among others.
- The organic solar cells are said to be
the future, if we solve one problem of renewable energy with solar energy,
we will be creating another one with the large heaps of waste left at our
disposal. The the solar cell market is said to be growing at a CAGR of
over 10%, the use of electroactive polymers because of their energy
absorption rate are inevitable and this integration will definitely help
the conductive polymers market grow.
- ABS registered for 25% share in the year
of 2018, this trend is forecasted to continue because of its highly
versatile properties such as high impact strength and excellent
durability. ABS type witnessed wide application in IC chip carriers, IC
tray & tray dividers, tote boxes. ABS can also be used in automotive
and aerospace industry owing to its unmatched surface levels properties,
such as toughness, high-temperature resistance and strength.
- The global consumer electronics market is
set to grow by over 15% with rising utilization of conductive polymers for
making light wearables and smartphones, with an added use in the
anti-static packaging industry, to protect the electronic devices against
Electrostatic Damage, from the industrial investment point of view it will
be an excellent advantage.
- In April 2018, the Evolite F1050 tape was
launched by Solvay S.A., which found its utilization in the oil and gas
sector, due to the product’s chemical and mechanical resistance, it is
suited for high-temperature applications.
- With an increase of the electronics
sector in China, Japan and South Korea these players are expected to
establish and further their reach in these regions as well.
To identify the
key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/conductive-polymers-market
For the purpose of this report,
Reports and Data have segmented into the global Conductive Polymers market on
the basis of product, application, and region:
Product Outlook
(Revenue, USD Billion; 2017-2027)
- Acrylonitrile-butadiene-styrene (ABS)
- Polycarbonates
- Polyphenylene-polymer (PPP) based resins
- Nylon
- Inherently conductive polymers (ICPs)
- Others
Application
Outlook (Revenue, USD Billion; 2017-2027)
- Capacitors
- Anti-static packaging
- Batteries
- Actuators & sensors
- Solar energy
- Others
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Regional Outlook
(Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Middle-East & Africa
- Latin America
- Brazil
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