Pune, Maharashtra Aug 17, 2019 (Issuewire.com) - Global Conductive Polymer Market was valued US$ 4.8 billion in 2017 and is expected to reach US$ 9.3 billion by 2025, at CAGR of 8.62 %during forecast period.
Global Conductive Polymer Market
The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global Conductive Polymer Marketdynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on market in forecast period. PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies. The report will to address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global conductive polymer market
Global conductive polymer market: Drivers and Restraints
The growth of conductive polymer is highly driven by elements such as growing demand for lightweight and high performing electronic products, and rising demand for these polymers in various applications are the production of actuators, sensors and light emitting diode based (LED) backlights and displays. LEDs are popular for non-expensive production processes and low operating voltages, and Conductive polymers are also used in cell phones backlight displays and television screens as a thin conducting layer between two electrodes, these are the factors which will drive the market share of conductive polymer.
However, High prices of raw materials including propylene, styrene, acrylonitrile and bisphenol A, this factor will hamper the market share of conductive polymer.
Global Conductive Polymer Market: Segment Analysis
On the basis of type, polyanaline segment had largest market share in 2018 and is expected to drive the market of conductive polymer during forecast period. Batteries, fuel cells, sensors, and super capacitors are made up of using polyalanine. Out of all types, polyaniline giving more than 44.00% revenue in conductive polymer market in 2018 owing to its attractive properties such as good stability at high temperature and in aggressive media. Polyaniline found in different variety of forms that differ in chemical and physical properties. By acidity conditions, polyaniline has globular, nanotubular morphology and also made as thin-films, coatings, or as colloidal dispersions; and exhibits both electronic and ionic conductivity.
Global Conductive Polymer Market
On the basis of application, ESD & EMI protection segment held largest market share in 2018 and is expected to dive the market of conductive polymer owing to its properties of mitigating damaging transient surges, overvoltage, and overcurrent, in various industrial and consumer applications.
Global Conductive Polymer Market: Regional Analysis
North America had the largest market share in 2018 and is expected to be the strongest conductive polymers market during the forecast period. Increasing investment by government in research and development to improve technologies related to the conductive polymer. These polymers get used in various application as they offer different properties such as electromagnetic shielding of electronic circuits, and it could be used as an anti-static coating material to prevent electrical discharge exposure on photographic emulsions used in electroluminescent displays.
Moreover, an important property of these polymers is the electronic and optical properties of metals, these are the factors which will drive the market share of the conductive polymer during the forecast period in North America.
North America followed by Europe, is expected to be the second-largest market for conductive polymers during the forecast period. Conductive polymer is an important element in automotive electrical components such as batteries and sensors. The Asia Pacific driven by India and China is also expected for huge growth in upcoming years owing to rising demand for conductive polymers in different applications such as actuators, textiles, capacitors, batteries, sensors, and solar cells.
Scope of Global conductive polymer market
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Global Conductive Polymer Market, By Type
• Polyphenylene Based Resin
• Polyaniline
• Polycarbonates
• ICP
• Others
Global Conductive Polymer Market, By Application
• ESD & EMI Protection
• Actuators
• Antistatic Packaging
• Capacitors
• Sensor
• Batteries
• Solar Cells
• Others
Global Conductive Polymer Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Conductive Polymer Market
• DowDuPont Inc.
• Solvay SA
• RTP Company
• 3M Company
• The Lubrizol Corporation
• Henkel AG & Co. KGaA
• Saudi Basic Industries Corporation
• Heraeus Holding GmbH
• Covestro AG
• Premix Oy
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