Conductive Polymers Market Latest, Growth, Trends, Analysis And Forecast by 2023

Posted by navdeep on May 13th, 2019

The market growth is mainly driven by the growing preference for lightweight and high performing electronic products, and rising demand for conductive polymers in a wide range of applications, according to P&S Intelligence. 

the conductive polymers market is categorized into polyphenylene based resin, polyaniline, polycarbonates, inherently conductive polymer (ICP), and others. ‘Others’ include acrylonitrile, polypropylene, polyvinylchloride, and nylon. Among all types, the volume sales of polyaniline were the highest in the market, accounting for more than 32.0% share in 2017. The largest share of the category is attributable to its attractive processing properties; for instance, it is one of the most versatile conducting polymers with spectrum of tuneable properties.

the conductive polymers market is segmented into ESD & EMI protection, actuators, antistatic packaging, sensor, capacitors, batteries, solar cells, and others. ‘Others’ include medical, corrosion control, and display devices. The ESD & EMI protection application category held the largest volume share in the market, exceeding 25.0% in 2017. This can be attributed to its properties of mitigating damaging transient surges, overvoltage, and overcurrent, in a variety of industrial and consumer applications.

North America held the largest revenue share in the global conductive polymers market, valued at more than 55.0% in 2017. The highest sales of these polymers in the region is attributed to their high demand from different industries such as electronics, automotive, semiconductors, and others. Technological developments coupled with growing urbanization in the region are also resulting in increasing demand of conductive polymers.

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The economy of emerging nations is driven by increased foreign direct investments in different sectors, particularly in industrial manufacturing. Rapid industrialization in these nations in the last few decades has brought a significant change in the use technology to increase the production of goods. Some of the major industries witnessing rapid technological advancements include electronics and automotive, in which these polymers are widely used. 

Some of the major players operating in the global conductive polymers market are DowDuPont Inc., Solvay SA, RTP Company, 3M Company, The Lubrizol Corporation, Henkel AG & Co. KGaA, Saudi Basic Industries Corporation, Heraeus Holding GmbH, Covestro AG, and Premix Oy.