Product Code: 64604
The market for conductive polymers is expected to grow at a CAGR of over 8% during the forecast period of 2019 - 2024. Major factors driving the market studied are growing demand for lightweight components, and design flexibility and huge scope of innovation and product development through customization.
- Asia-Pacific is the fastest growing market across the globe while North America is the largest market for the conductive polymers market.
Key Market Trends
Inherently Conductive Polymers (ICPS) to Drive the Market Growth
- Traditionally, carbon-based polymers have been considered to be electrical insulators. Such polymers could be given a degree of conductivity by the addition of quantities of a conductive additive, usually carbon, nickel, or silver.
- Inherently conductive polymers were accidentally discovered in the 1970s, by a Japanese chemist when excess catalyst was added to a batch of polyacetylene. When the resulting silvery film was doped, with various oxidizing agents, the material was found to have become conductive and this resulted in the development of a number of other conductive polymers.
- ICPs are electrically-conductive polymers in which the conductivity arises from the presence of conjugated carbon-carbon bonds. These conjugated polymers possess interesting and useful properties, due to their delocalized electron systems.
- The outcome is a material that combines the electrical properties of a semiconductor or a metal, with the useful mechanical or other physical properties and processing advantages of a polymer.
- The use of ICPs is being investigated for practical applications in electronic and optoelectronic devices. Although stability and processing problems still have to be overcome for worldwide acceptance, the potential for these materials is immense.
- Thus the demand for the inherently conductive polymers (ICPS) is expected to increase over the forecast period.
North America to Dominate the Market
- Conductive polymers are ideal for use in products where space and weight considerations are critical, such as automobiles, aircraft and portable consumer electronics. Common applications for conductive polymers, which utilize their conductivity or electro-activity, includes electrostatic materials, conducting adhesives, electromagnetic shielding, artificial nerves, antistatic clothing, active electronics and aircraft structures.
- In North America, the United States holds the largest market for Automobiles and aircraft. The United States is one of the largest consumers of conductive polymers in the global market. A high rate of technology adoption in the country is expected to boost the consumption of conductive polymers in the coming years.
- The United States is one of the largest markets for consumer electronics in the world. Electronic gadgets see high adoption rate in the country. United states being of the technologically advanced nations in the world, the population of the country buys consumer electronics on a regular basis.
- Smart Phones, Tablets, Portable Speakers, and AI-assisted electronics are experiencing high growth in the region. Other industrial segments and sectors are also expected to impact the growth of the market.
- With research and development operations happening on a large scale in the region, the market is expected to evolve over the coming years. The US conductive polymers market is expected to grow at a healthy rate.
The global conductive polymers market is partially consolidated with the major players accounting for a good share of tha market. The major companies include 3M, Solvay, SABIC, PolyOne Corporation, and RTP Company.
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Table of Contents
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
- 4.1 Drivers
- 4.1.1 Growing Demand for Lightweight components
- 4.1.2 Design Flexibility and Huge Scope of Innovation and Product Development Through Customization
- 4.2 Restraints
- 4.3 Industry Value-Chain Analysis
- 4.4 Porters 5 Force Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5 MARKET SEGMENTATION
- 5.1 Polymer Type
- 5.1.1 Inherently Conductive Polymers (ICPs)
- 5.1.2 Inherently Dissipative Polymers (IDPs)
- 5.1.3 Conductive Plastics
- 5.1.4 Other Polymer Types
- 5.2 Class
- 5.2.1 Conjugated Conducting Polymers
- 5.2.2 Charge Transfer Polymers
- 5.2.3 Ionically Conducting Polymers
- 5.2.4 Conductively Filled Polymers
- 5.3 Application
- 5.3.1 Product Components
- 5.3.2 Antistatic Packaging
- 5.3.3 Material Handling
- 5.3.4 Work-surface & Flooring
- 5.3.5 Other Applications
- 5.4 Geography
- 5.4.1 Asia-Pacific
- 22.214.171.124 China
- 126.96.36.199 India
- 188.8.131.52 Japan
- 184.108.40.206 South Korea
- 220.127.116.11 Rest of Asia-Pacific
- 5.4.2 North America
- 18.104.22.168 United States
- 22.214.171.124 Canada
- 126.96.36.199 Mexico
- 5.4.3 Europe
- 188.8.131.52 Germany
- 184.108.40.206 United Kingdom
- 220.127.116.11 Italy
- 18.104.22.168 France
- 22.214.171.124 Rest of Europe
- 5.4.4 South America
- 126.96.36.199 Brazil
- 188.8.131.52 Argentina
- 184.108.40.206 Rest of South America
- 5.4.5 Middle East & Africa
- 220.127.116.11 Saudi Arabia
- 18.104.22.168 South Africa
- 22.214.171.124 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
- 6.4 Company Profiles
- 6.4.1 3M Company
- 6.4.2 Advanced Polymer Materials Inc.
- 6.4.3 Agfa-Gevaert Group.
- 6.4.4 Celanese Corporation
- 6.4.5 Eeonyx
- 6.4.6 Heraeus Holding
- 6.4.7 Hyperion Catalysis International
- 6.4.8 KEMET
- 6.4.9 Lehmann&Voss&Co.
- 6.4.10 PARKER HANNIFIN CORP
- 6.4.11 PolyOne Corporation
- 6.4.12 Premix Group
- 6.4.13 RTP Company
- 6.4.14 RTP Company
- 6.4.15 SABIC
- 6.4.16 Solvay
- 6.4.17 The Lubrizol Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS