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Conductive Polymers Market by Type, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

Conductive Polymers Market by Type, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

  • June 2018
  • 116 pages
  • ID: 5586812
  • Format: PDF
  • By Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Conductive Polymers Market by Type (Polyphenylene Based Resin, Polyaniline, Polycarbonates, Inherently Conductive Polymer), by Application (ESD & EMI Protection, Actuators, Antistatic Packaging, Capacitors, Sensor, Batteries, Solar Cells), by Geography (U.S., Canada, Mexico, Germany, Italy, France, U.K., China, Japan, Taiwan, Brazil, Saudi Arabia, South Africa) - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

Global conductive polymers market is projected to reach $7,341.2 million by 2023, 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 Market Research.

Insights into market segments
On the basis of type, 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.

Polyaniline exists in variety of forms that differ in terms of chemical and physical properties. Depending on acidity conditions, polyaniline has globular, nanofibrillar or nanotubular morphology. Polyaniline may also be obtained as thin-films, coatings, or as colloidal dispersions; and exhibits both electronic and ionic conductivity.

Based on application, 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.

EMI shielding refers to the protection against electrostatic discharge (ESD) of electronic devices. The effects of electromagnetic interference are becoming more and more pronounced, caused by the demand for high-speed electronic devices operating at higher frequencies; intensive use of electronics such as computers, communication equipment and cars; and the miniaturization of these electronic devices.

North America reigns as the largest conductive polymers market
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. These polymers are used in a variety of industries including healthcare, renewable energy devices, and production of medicines. Also, they are used widely in electrical appliances such as actuators and energy devices.

Emerging nations to offer huge growth opportunities to the players operating in the conductive polymers market
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. With the rapid growth in the sales of automobiles and electronic products in emerging economies, the demand of these polymers is expected to increase during the forecast period, creating growth opportunities in the conductive polymers market.

Thus, emerging nations offer lucrative opportunities to the market players.

Conductive polymers market competitive landscape
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.

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