Conductive Polymers Industry Trends and Opportunity by 2024
Posted by Nicky Arora on December 13th, 2019
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. Rising awareness towards antistatic packaging as a protection medium for electronic devices and appliances is projected to fuel the demand for conductive polymers. 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.
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Further key findings from the report suggest:
Grand View Research has segmented the global conductive polymers market by product, application, and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
About Grand View Research:
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.
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About the AuthorNicky Arora
Joined: October 15th, 2019
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