Global Conductive Polymers Market Forecast 2024
Conductive polymers area unit light-weight, pliable, cheap plastics that area unit organic polymers to conduct electricity. they're a member of the plastic materials family. they're well-known to shrink, bend, and protrude as presently as stirred by electricity. The good thing about conductive polymers is their process-ability is principally by dispersion. These polymers area unit typically not thermoplastics, that don't seem to be thermoformable. still, like insulating polymers, they're organic materials. These polymers provide high electrical conduction however they are doing not show alike mechanical properties towards different commercially accessible polymers. international conductive Polymers Market is calculable to succeed in $10,362 Billion at a CAGR of 10.9% by 2024.
Global Conductive Polymers Market is estimated to reach $10,362 Billion by 2024; growing at a CAGR of 10.9% from 2016 to 2024. Conductive polymers are lightweight, pliable, inexpensive plastics which are organic polymers to conduct electricity. They are a member of the plastic materials family. They are known to shrink, bend, and protrude as soon as stimulated by electricity. The benefit of conductive polymers is their process-ability is mainly by dispersion. These polymers are generally not thermoplastics, which are not thermoformable. Nonetheless, like insulating polymers, they are organic materials. These polymers offer high electrical conductivity but they do not show alike mechanical properties towards other commercially available polymers.
Increasing demand for high-performance, lightweight, and inexpensive products are the primary aspects to drive the global conductive polymers market. Additionally, ease of process-ability and low cost of raw materials, flexibility, dimensional stability, strength, and chemical resistance are other factors supporting the growth of the market. However, processing cost & high production are the major glitches to deal with respect to market. Moreover, with rising disposable income and modernization are expected to equally influence the overall growth of the market in the forecast period.
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Type, application, and geography are considered to be the major classification of the conductive polymers market. By type, the market is further classified as inherently conductive polymers (ICPs), polyphenylene based resin, polyaniline, and others. By application, the market includes ESD & EMI protection, antistatic packaging, capacitors, sensors, actuators, batteries, solar cells, and others.
Based on geographical analysis, conductive polymers market is classified into North America, Europe, Asia-Pacific, Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consist of Germany, UK, France, Italy, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The prominent players operating in the global conductive polymers market includes NanoMarkets LLC., The Dow Chemical Company, The Lubrizol Corporation, Crosslink, Voltaic Coatings, Henkel Electronics, IDTech EX, AnCatt, CBI Polymers Inc., and ITEK, among others.
The key takeaways from the report
- The report will provide detailed analysis of Conductive Polymers Market with respect to major segments such as type, and application
- The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Conductive Polymers Market has been included in the report
- Profile of the key players in the Conductive Polymers Market will be provided, which include key financials, product & services, new developments and business strategies
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by: Sandhya Nair