Global Conductive Polymer Market Size study & Forecast, by Type (Polycarbonates, Acrylonitrile Butadiene Styrene (ABS), Nylon, Polyphenylene-Polymer (PPP) based resins, Inherently Conductive Polymers (ICP), Others), by Application (Anti-static Packaging, Capacitors, Actuators & Sensors, Batteries, Solar Energy, Others) and Regional Analysis, 2023-2030
Global Conductive Polymer Market is valued at approximately USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2023-2030. Conductive polymer refers to a type of polymer material that exhibits electrical conductivity. Unlike traditional polymers which are typically insulators, conductive polymers have a unique combination of properties that allow them to conduct electricity. They are often referred to as ""synthetic metals"" or ""organic metals"" due to their ability to conduct electricity like metals but with the added advantages of being lightweight, flexible, and potentially easier to process. The conductivity of these materials can be enhanced by doping, which involves the addition of dopant molecules or ions to the polymer matrix, thereby increasing the number of charge carriers. The growing need for lightweight materials from the automobile industry is the factor that is driving the market for conductive polymers. expanding the use of conductive polymers in automotive wiring and cables, which makes the car lighter and more fuel-efficient. Additionally, it is anticipated that expanding digitalization, and dependency on electronics would propel the market for conductive polymers.
Moreover, the rising Consumer Electronics industry has played a significant role in supporting the growth of the Conductive Polymer Market. Conductive polymers are a class of materials that exhibit electrical conductivity while maintaining the characteristics of conventional polymers, such as flexibility and lightweight properties. These polymers have gained considerable attention in various industries, including consumer electronics. Thus, the growing consumer electronic industry is anticipated to support the market growth during forecast period. According to Statista, in 2022, the global consumer electronics industry was valued at USD 987.16 billion and it is anticipated to reach USD 1052.96 billion by 2025. Additionally, rising technological advancement in conductive polymer and booming LED market are anticipated to create lucrative opportunities for the market during forecast period. However, the comparatively lower thermal conductivity than traditional materials stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Conductive Polymer Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, growing electronic industry, and advancements in miniaturization of electronic components. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as surge in demand for electronic products, increase in usage of conducting polymers in solar cell manufacturing, and surge in electric mobility in the region.
Major market players included in this report are:Heraeus Holding GmbH
Solvay SA
Rieke Metals
Merck KGAA
AGFA-GEVAERT NV (AGFA)
American Dyes Inc.
Abtech Scientific
Kemet Corporation
Celanese Corporation
SABIC
Recent Developments in the Market: In 2022, Encres DUBUIT, a screen-printing company with its headquarters in France, acquired POLY-INK for an unidentified cost. Encres DUBUIT expanded its electronics offering by including targeted and sustainable touch panel capabilities into its already robust range. In the market for conductive polymers, a US-based company by the name of POLY-INK Inc. competes.
Global Conductive Polymer Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Polycarbonates
Acrylonitrile Butadiene Styrene (ABS)
Nylon
Polyphenylene-Polymer (PPP) based resins
Inherently Conductive Polymers (ICP)
Others
By Application:
Anti-static Packaging
Capacitors
Actuators & Sensors
Batteries
Solar Energy
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Companies MentionedHeraeus Holding GmbH
Solvay SA
Rieke Metals
Merck KGAA
AGFA-GEVAERT NV (AGFA)
American Dyes Inc.
Abtech Scientific
Kemet Corporation
Celanese Corporation
SABIC
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.