Conductive Polymers Market: Report Highlights The Competitive Scenario With Impact Of Drivers And Challenges

The global conductive polymers market reached a value of $4,441.7 million in 2017 and is expected to generate $7,341.2 million in 2023, advancing at an 8.7% CAGR during the forecast period (2018–2023). The market is growing due to the increasing preference for lightweight and high performing electronic products, growing solar power capacity, surging demand for conductive polymers in a variety of applications, rising focus over energy efficient technologies. Conductive polymers are polymers which conduct electricity.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/conductive-polymer-market/report-sample

In terms of type, the conductive polymers market is divided into polyaniline, inherently conductive polymer (ICP), polyphenylene based resin, polycarbonates, and others (polypropylene, nylon, acrylonitrile, and polyvinylchloride). Among all these, the market was dominated by the polyaniline during the historical period (2013–2017), holding a revenue share of over 30.0% in 2017. This was due to its properties including good stability in aggressive media and at high temperature. The applications of this polymer include fuel cells, supercapacitors, batteries, and sensors. During the forecast period, the ICP division is projected to witness the fastest growth.

When application is taken into consideration, the conductivepolymers market is categorized into actuators, sensor, batteries, electrostatic discharge & electromagnetic interference (ESD & EMI) protection, antistatic packaging, capacitors, solar cells, and others (which include corrosion control, medical, and display devices). Out of these, the ESD & EMI protection category accounted for more than 25.0% share of the market in 2017, in terms of value. This is ascribed to the properties of conductive polymers of mitigating overvoltage, transient surges, and overcurrent in several consumer and industrial goods.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=conductive-polymer-market

The conductive polymers market is growing due to the increasing preference for high performance and lightweight electronic products, which are utilized in manufacturing electronic items such as laptops, cell phones, and gadgets. Furthermore, there is a surging demand for wearable and flexible displays, electronics, and other flexible inorganic semiconductors. The income level of people in the developing countries is increasing and consumers are preferring for advanced and lighter electronic products, which is expected to result in increased demand for conductive polymers, as they are extensively used in the production of lightweight electronic products.   

Another major factor driving the growth of the conductive polymers market is the rising focus on energy efficient technologies. Due to the rising standard of living, industrialization, and urbanization, the consumption of energy in countries, including India, Indonesia, and China, has increased significantly. This is resulting in the increasing adoption of energy efficient solutions, such as light emitting diode (LED) lighting solutions. The surging demand for LED bulbs is projected to drive the requirement foe conductive polymers as well, since they are utilized as emissive material and serve as the light source in LED bulbs.  

Read More

Rising Focus over Energy Efficient Technologies Driving Conductive Polymers Market

The global conductive polymers market reached a value of $4,441.7 million in 2017 and is expected to generate $7,341.2 million in 2023, advancing at an 8.7% CAGR during the forecast period (2018–2023). The market is growing due to the increasing preference for lightweight and high performing electronic products, growing solar power capacity, surging demand for conductive polymers in a variety of applications, rising focus over energy efficient technologies. Conductive polymers are polymers which conduct electricity.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/conductive-polymer-market/report-sample

In terms of type, the conductive polymers market is divided into polyaniline, inherently conductive polymer (ICP), polyphenylene based resin, polycarbonates, and others (polypropylene, nylon, acrylonitrile, and polyvinylchloride). Among all these, the market was dominated by the polyaniline during the historical period (2013–2017), holding a revenue share of over 30.0% in 2017. This was due to its properties including good stability in aggressive media and at high temperature. The applications of this polymer include fuel cells, supercapacitors, batteries, and sensors. During the forecast period, the ICP division is projected to witness the fastest growth.

When application is taken into consideration, the conductivepolymers market is categorized into actuators, sensor, batteries, electrostatic discharge & electromagnetic interference (ESD & EMI) protection, antistatic packaging, capacitors, solar cells, and others (which include corrosion control, medical, and display devices). Out of these, the ESD & EMI protection category accounted for more than 25.0% share of the market in 2017, in terms of value. This is ascribed to the properties of conductive polymers of mitigating overvoltage, transient surges, and overcurrent in several consumer and industrial goods.

The conductive polymers market is growing due to the increasing preference for high performance and lightweight electronic products, which are utilized in manufacturing electronic items such as laptops, cell phones, and gadgets. Furthermore, there is a surging demand for wearable and flexible displays, electronics, and other flexible inorganic semiconductors. The income level of people in the developing countries is increasing and consumers are preferring for advanced and lighter electronic products, which is expected to result in increased demand for conductive polymers, as they are extensively used in the production of lightweight electronic products.  

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=conductive-polymer-market

Another major factor driving the growth of the conductive polymers market is the rising focus on energy efficient technologies. Due to the rising standard of living, industrialization, and urbanization, the consumption of energy in countries, including India, Indonesia, and China, has increased significantly. This is resulting in the increasing adoption of energy efficient solutions, such as light emitting diode (LED) lighting solutions. The surging demand for LED bulbs is projected to drive the requirement foe conductive polymers as well, since they are utilized as emissive material and serve as the light source in LED bulbs.  

A key trend in the conductive polymers market is the growing adoption of conductive polymers in smart materials production. Smart materials are materials which exhibit properties such as mechanical, optical, electromagnetic, and chemical which can be altered for performing a particular function. These materials are increasingly being adopted for manufacturing artificial muscles along with other prosthetic medical devices that utilize the ability of CPs for changing shape and size of artificial limbs. Such materials are made up of conductive polymers and offer higher strength and flexibility than traditional materials utilized in the production of prosthetics.

Hence, the market is growing due to the rising preference for lightweight and high performing electronic products and increasing focus over energy efficient technologies.

Read More

What is development driving components of Conductive Polymers industry?

In 2017, North America was the largest revenue contributor to the conductive polymers market, with more than 55.0% share. Due to the continuous advancements in technology for the upgradation of electronic products by key players, the market grew steadily in the region. Conductive polymers have a wide application area, owing to their numerous benefits, such as electromagnetic shielding of electronic circuits, the potential to be used as anti-static coating material to hinder the electrical discharge exposure on photographic emulsions, and possession of optical and electronic properties generally associated with inorganic compounds and metals. 

Get a Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/conductive-polymer-market/report-sample

Conductive polymers have a large scope in the electrical and electronics industry, owing to the increasing consumer demand for technologically advanced products. There has been a rise in the demand for displays, flexible and wearable electronics, and other inorganic semiconductors. Further, the demand for lightweight and high-performance materials for electronic items, such as laptops, cell phones, and gadgets, is also rising. Across the globe, the U.S., China, and Japan dominated the manufacturing of these products, thereby driving the conductive polymers market. 

The global conductive polymers market is growing due to the increasing preference for lightweight and high-performance electronic products, as well as a growing demand for polymers in a wide range of applications. Conductive polymers, in simple terms, are organic polymers, through which electricity flows easily. These polymers can act as both metallic conductors and semiconductors.

Make Enquiry Before Purchase @  https://www.psmarketresearch.com/send-enquiry?enquiry-url=conductive-polymer-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.

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.

Read More