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    Conductive Polymers Market Growth & Forecast

    Conductive Polymers Market Growth & Forecast
    Report code - SR1081 Delivery - 2 Weeks
    Conductive Polymers Market Size, Share, Trend, Forecast, & Growth Analysis: 2023- See more...

    Market Insights

    The conductive polymers market is estimated to grow from USD 4.3 billion in 2022 and is likely to grow at a CAGR of 8.15% during the forecast period to reach USD 6.91 billion by 2028.

    conductive-polymers-market-size

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    What is a conductive polymer?

    Conductive polymers belong to a class of organic polymers bearing electrical and optical properties similar to that of metals and inorganic semiconductors. Such compounds own metallic conductivity. Conductive polymers offer processability, majorly by dispersion and they are extensively used in printing electronic circuits, organic solar cells, organic light-emitting diodes, actuators, electrochromism, supercapacitors, chemical sensors & biosensors flexible transparent displays, and electromagnetic shielding.

    Conductive Polymers Market Report Overview

    Market Size in 2028

    USD 6.91 Billion

    Market Size in 2022

    USD 4.3 Billion

    Market Growth (2023-2028)

    CAGR of 8.15%

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2022-2028

    Market Dynamics

    These factors are expected to boost the demand for the market in the coming years:

    • The surge in demand for anti-static packaging.
    • Increase in application of products in portable electronic devices and growth in demand for these devices across the globe.
    • The automotive industry is looking for ways to reduce the weight of its materials. Conductive polymers are a promising option because they are lightweight and strong. They can be used in a variety of automotive applications, including wiring and cables.
    • The demand for electronic devices is on the rise. Conductive polymers are also a key component in many of these devices, and as the demand for electronic devices continues to grow, so does the demand for conductive polymers.
    • The shift towards renewable energy sources propels the demand for conductive polymers, which are utilized in renewable technologies like solar cells and batteries. As sustainability gains traction, the demand for conductive polymers in these applications will surge.

    Conductive-Polymers-Market-Snapshot

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    Key Players

    Some of the key players in the market are-

    • The 3M Company,
    • Agfa Gevaert N.V,
    • Avient Corporation,
    • Celanese Corporation,
    • Covestro AG,
    • DuPont de Nemours, Inc,
    • Henkel Ag & Co. KGaA,
    • KEMET Corporation,
    • Saudi Basic Industries Corporation (SABIC),
    • The Lubrizol Corporation.

    Segmentations

    The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The conductive polymers market is segmented into the following categories:

    By conduction mechanism type:

    • Conducting Polymer Composites
      • Type Analysis: Acrylonitrile Butadiene Styrene {ABS}, Polycarbonate {PC}, Polyvinyl Chloride {PVC}, Polypropylene {PP}, Nylon, and Others
    • Inherently Conductive Polymers
      • Type Analysis: Polyaniline {PANI}, Polypyrrole {PPy}, Polyphenylene Vinylenes {PPV}, Poly (3,4-ethylenedioxythiophene), and Polystyrene Sulfonate {PEDOT}

    By application type:

    • Anti-static Packaging & Coating
    • Capacitors
    • Actuators & Sensors
    • Batteries
    • Solar Cells
    • Electroluminescence
    • Printed Circuit Board

    By region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Segments Analysis

    Conduction Mechanism Insights

    The market is segmented as conducting polymer composites and inherently conductive polymers. In 2022, conductive polymer composites led the market with a volumetric share of over 90%. The segment is further subdivided into polycarbonates, acrylonitrile butadiene styrene, polypropylene, polyvinyl chloride, nylon, and other conductive polymers. ABS-type conductive polymers are estimated to hold a significant proportion of over 25% share of the sub-segmented conductive polymers market during the forecast period, owing to the affordable product variety and better-quality conduction demonstrated by ABS.

    Application Insights

    The market is segmented as anti-static packaging and coatings, capacitors, actuators & sensors, batteries, solar cells, electroluminescence, and printed circuit board. Anti-static packaging and coatings are estimated to lead the market during the forecast period. The surge in global demand for consumer electronics and other electrical devices is likely to fuel the segment's growth.

    Regional Analysis

    North America is expected to witness significant growth in demand for conductive polymers during the forecast period. The growth of the region can be attributed to the presence of international companies and the conductive polymers sector, which continues to see dynamic developments. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

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    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the conductive polymers market

    How lucrative is the future?

    The market forecast and trend data and emerging trends.

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts.

    Which are the most attractive market segments?

    Market segment analysis and Forecast.

    Which are the top players and their market positioning?

    Competitive landscape and Market share analysis.

    How complex is the business environment?

    Porter’s five forces, PEST, and Life cycle analysis.

    What are the factors affecting the market?

    Drivers & challenges.

    Will I get the information on my specific requirement?

    10% free customization.

    Target Audience

    The target audience of the market includes-

    • Conductive Polymers distributors
    • Conductive Polymers suppliers
    • Conductive Polymers manufacturers
    • Logistics organizations
    • Government bodies

    COVID-19 Impact Analysis-

    The emergence of COVID-19 has had a strong impact on every industrial sector, including the automotive industry. All manufacturing and commercial activities have been suspended due to the lockdown measures ordered by various national governments. In addition, the nationwide shutdown has hampered both production and the supply chain, affecting the economy as a whole. This has a negative impact on the production of conductive polymers. However, with infection rates declining and operations resuming, the polymer industry is regaining its pre-COVID strength.

    Critical Questions Answered in the Report-

    • What are the key trends in the market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years
    • What is the impact of COVID-19 on the market?
    • What are the key strategies adopted by the major vendors to lead in the market?
    • What is the market share of the top vendors?

    Customization Options

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Segmentation

    • Current segmentation of any one of the conduction mechanism types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Conductive polymers belong to a class of organic polymers bearing electrical and optical properties similar to that of metals and inorganic semiconductors. Such compounds own metallic conductivity. Conductive polymers offer processability, majorly by dispersion and they are extensively used in printing electronic circuits, organic solar cells, organic light-emitting diodes, actuators, electrochromism, supercapacitors, chemical sensors & biosensors flexible transparent displays, and electromagnetic shielding.

    The market is expected to grow at a CAGR of 8.15 % during the upcoming five years.

    Surge in demand for anti-static packaging is expected to propel the growth of the market during the forecast period. Furthermore, increase in application of product in portable electronic devices and growth in demand for these devices across the globe are likely to bolster the growth of the conducting polymers market.

    The market size was estimated to grow from USD 4.3 Bn in 2022 to USD 6.91 Bn by 2028.

    North America is expected to largest share of the market during the assessment period.

    The study period of the market is 2017-2028.

    The 3M Company, Agfa Gevaert N.V, Avient Corporation, Celanese Corporation, Covestro AG, DuPont de Nemours, Inc, Henkel Ag & Co. KGaA, KEMET Corporation, Saudi Basic Industries Corporation (SABIC), The Lubrizol Corporation are the key companies in the market.

    The conductive polymer composites segment has the largest share of the market during the estimated time.

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