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Conductive Polymers Market Survey, Trend Overview and 2024 Forecast

Rising awareness towards antistatic packaging as a protection medium for electronic devices and appliances is projected to fuel the demand for conductive polymers. The Global Conductive Polymers Market is expected to reach USD 6.5 billion by 2024, according to a new report by Grand View Research, Inc.


Favorable outlook towards the electronics industry in China, Japan, South Korea and Singapore as a result of new product launches including smartphones by market players such as Samsung and LG is expected to have a significant impact on growth over the forecast period.

Capacitors are projected to witness substantial volume gains at a 9.4% CAGR from 2016 to 2024. Rising demand for capacitors owing to providing its excellent performance over a wide temperature range and lifecycle intervals is expected to promote the usage of conductive materials over the forecast period.

Nylon accounted for 16.7% of the global volume market share in 2015 and is likely to witness growth on account of its low price as compared to other engineering polymers including ABS and PPS. Furthermore, the product is also widely used for manufacturing conductive tapes for wiring harness and engine systems, which may result in tight raw material supply to manufacturers.

To Know More About Conductive Polymers Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/global-conductive-polymers-market

Demand for conductive polymers in batteries was 26.7 kilo tons in 2015. Rising awareness towards energy storage in manufacturing and household sectors to ensure uninterrupted power supply is projected to increase the requirement of conducting materials over the next eight years.

Top players of Conductive Polymers Market:

Major manufacturers include Heraeus, Covestro, 3M, SABIC, Enthone, Hyperion Catalysis, Solvay, and Premix. In March 2016, Germany-based Covestro launched a new grade of polycarbonate “Makrolon TC8030” for thermal conductivity applications required in cooling of LED components. This product launch is expected to enable the company to cater to the growing requirements of high-performance and energy-efficient LED lamps.

Market Segmentation of Conductive Polymers Market:

The Global Conductive Polymers Market segmented by Product, Application, and Region.

By Product:

    Acrylonitrile Butadiene Styrene (ABS)
    Polyphenylene Polymer (PPP)-based Resins
    Polycarbonate (PC)
    Intrinsically Conductive Polymers (ICP)
    Nylon

By Application:

    Actuators & Sensors
    Anti-Static Packaging
    Batteries
    Capacitors
    Solar energy

By Region:

    North America
    Europe
    Asia Pacific
    Latin America
    Middle East & Africa (MEA)

Inquire about Conductive Polymers Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1988
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