The Conductive Polymers Market size is set to around USD 7.8 billion by 2027 and will witness around 8.5% of CAGR during the forecast timespan 2020 to 2027.
Rising awareness towards shielding sensitive electronic devices medium from electrostatic discharge (ESD), radio frequency interference (RFI), and electromagnetic interference (EMI) as a result of increasing market size of sensitive electronic devices is expected to have a positive impact on market growth.
Growing importance of electronics devices with reduced sound levels owing to stringent regulations imposed to control noise pollution is anticipated to result in buyers procuring conductive plastics including ABS and PPS in place of conventional metals and ceramics. Rising importance of ionic polymers in electronics industry on account of providing excellent dimensional stability as well as good conducting characteristics is expected to remain a favorable factor for the growth of conductive polymers market.
These materials are electroactive in nature and are used for providing characteristics including good optical property, excellent mechanical flexibility and high thermal stability. ABS, polycarbonates (PC), polyphenylene resin, nylon, polyethylene terephthalate (PPS) and polyvinylidene chloride (PVC) are the majorly used products.
Favorable outlook towards the electronics industry in China, Japan, South Korea and Singapore as a result of new product launches including smartphones by market players such as Samsung and LG is expected to play a crucial role in upscaling the requirement of conductive polymers. In July 2015, the government of India launched the “Digital India Campaign” aimed at ensuring internet connectivity along with upscaling the production output in digital electronics on a domestic level. This initiative is expected to play a significant role in promoting the production of electronic digital goods including smartphones, the web camera, and tablets which are likely to open new opportunities for the conductive polymers market over the next eight years.
Rising importance of lightweight materials in the automotive industry on account of increasing awareness towards improvement in fuel economy is expected to promote the use of ABS and PPS in wiring systems as conducting materials. Furthermore, increasing defense expenditure by governments in the Middle East and North America is expected to boost the production output of military aircraft on a domestic level which is supposed to promote the usage of these materials over the forecast period.
Increasing prices of raw materials including acrylonitrile, bisphenol A, propylene and styrene in light of reduced inventory levels is expected to have an adverse impact on the market. Furthermore, rising demand for piezoceramics in electronics is projected to pose a credible threat to the conductive polymers market.
Market Share Insights
The conductive polymers market is highly fragmented and consists of a large number of suppliers as well as buyers who belong to various industries including electronics, automotive, marine, information technology, aerospace, and defense. The rising importance of electronics devices with reduced noise levels owing to new product launches by companies such as Panasonic, Sony, Thomson, and Samsung are expected to play an important role in increasing the penetration of conductive polymers.
Key industry participants include 3M, Heraeus Group, Solvay SA, SABIC, KEMET, Covestro, and Celanese, and Hyperion Catalyst International. Heavy reliance on crude oil prices is expected to remain a challenging factor for manufacturers. Improvement in electronics sectors of China, Japan, and South Korea is projected to force industry participants to establish their production units in the vicinity.
Further key findings from the report suggest:
Nylon accounted for 16.7% of the global volume market share in 2015 and is likely to witness growth on account of its low price as compared to other engineering polymers including ABS and PPS. Furthermore, the product is also widely used for manufacturing conductive tapes for wiring harness and engine systems, which may result in tight raw material supply to manufacturers.
Demand for conductive polymers in batteries was 26.7 kilo tons in 2015. Rising awareness towards energy storage in manufacturing and household sectors to ensure uninterrupted power supply is projected to increase the requirement of conducting materials over the next eight years.
Europe is expected to witness revenue growth at a CAGR of 8.9% from 2016 to 2024. The increasing application of biomimetics in healthcare applications, particularly in Germany and UK, is likely to play a significant role in increasing the demand for conductive materials over the forecast period.
The U.S. conductive polymers market was valued at USD 1.21 billion in 2015. Technological advancement in the healthcare sector on account of increasing expenditure for the development of new products including artificial muscles is expected to play a significant role in increasing the demand for the product. Furthermore, increasing investment towards the development of ICP-drug delivery systems for the treatment of skin care and hematology disorders is expected to open new industry avenues over the next eight years.
Acrylonitrile Butadiene Styrene (ABS)
Polyphenylene Polymer (PPP)-based Resins
Intrinsically Conductive Polymers (ICP)
Actuators & Sensors
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
Middle East & Africa (MEA)
The Conductive Polymers market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Conductive Polymers market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Conductive Polymers market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Conductive Polymers market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Conductive Polymers market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Conductive Polymers capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Conductive Polymers by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Conductive Polymers market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Conductive Polymers market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Conductive Polymers market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Conductive Polymers industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Conductive Polymers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Conductive Polymers market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Conductive Polymers market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Conductive Polymers market. These factors have benefited the growth of the global market for Conductive Polymers. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Conductive Polymers. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Conductive Polymers are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
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