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Showing posts with the label Conductive Polymers Market Trend

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 o