A recent report published by Infinium Global Research on conductive polymers market analysis provides in-depth analysis of segments and sub-segments in global as well as regional conductive polymers market analysis. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional conductive polymers market analysis over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global conductive polymers market analysis. According to the report the global conductive polymers market analysis is projected to grow at a CAGR of 8% over the forecast period of 2018-2024.
Conductive polymers are organic polymers used to conduct electricity. Conductive polymers are lightweight and inexpensive plastics and known as intrinsically conducting polymers (ICPs). Conducting polymers offers excellent chemical, oxidative and thermal stability due to its low hydrogen content and aromatic structure. The conducting polymers are insoluble in all types of common solvents. Conductive polymers have very high melting and softening point owing to the aromatic structure and absence of freely rotating groups.
Rapidly growing demand for smart, effective, compact, and inexpensive products in the electronics industry are the primary factor driving the growth of conductive polymers market. In addition, the benefits offered by the conductive polymers biosensors and super including stability, flexibility, high resistance are useful in applications including LED lighting, capacitors that help in contributing to the growth of conductive polymers markets. Furthermore, conductive polymers are considered as an alternative to silicon in the photovoltaic industry. However, the thermal conductivity offered by the conductive polymers is lower than the other conventional materials such as ceramics that may hamper the market growth. Moreover, the rising use of conductive polymers in various applications such as Ultra-capacitors, packaging, sensors and display materials are projected to create more opportunities in upcoming years.
Among the regions, North America dominates the conductive polymers market owing to the high demand for conductive polymers in the end use industries such as solar industry, automobile and LED industry. Furthermore, the growing research and developments on the conductive polymers are likely to contribute to the growth of conductive polymers market in the North America region. Europe is the second largest market in conductive polymers due to the presence of many players in this region. Asia-Pacific region is growing at the highest CAGR among other geographies owing to use of conductive polymers in various applications such as smart textiles, batteries, and sensors are rising rapidly which creates the demand of conductive polymers in this region.
The report on global conductive polymers market analysis covers segments such as types, products, and applications. On the basis of types, the global conductive polymers market analysis is categorized into electrically conducting polymer and thermally conducting polymer. On the basis of products the global conductive polymers market analysis is categorized into polycarbonates, nylon, inherently conductive polymers (ICP), acrylonitrile-butadiene-styrene (ABS) and others. On the basis of applications the global conductive polymers market analysis is categorized into the capacitor, electrostatic coatings, antistatic packaging, textiles, actuators, and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global conductive polymers market analysis such as Ormecon Chemie GmbH, GeoTech Chemical Co., LLC, Bayer MaterialScience, 3M Company, Polyone Corporation, Agfa-Gevaert, Covestro, Merck and Celanese.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global conductive polymers market analysis. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of conductive polymers market analysis. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the conductive polymers market analysis that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the conductive polymers market analysis to understand the present and future trends in this market and formulate their strategies accordingly.