Infinium Global Research’s recent report on the “Global Conductive Polymers Market ((By Types (Polyaniline, Polypyrrole, PolyphenyleneVinylenes, PEDOT, and Polycarbonates) By Application (Anti-static Coatings, Photographic Film, Solar Cell, Display Screen, and Others) Global Industry Analysis, Trends, Market Size & Forecasts to 2028” provides a comprehensive outline of the factors responsible for the growth of the market. The Global Conductive Polymers Market was valued at about USD 6 Billion in 2022 and is expected to reach nearly USD 10 Billion in 2028, with a CAGR of over 8% during the forecast period.

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Good Mechanical Properties are Likely to Boost the Market Growth

The increasing consumption of polymers in the end-user industries because of their exceptional advantages, such as higher efficiency & lightweight, and lowest cost, as compared to metal. Furthermore, the good mechanical properties are likely to boost the market growth. Conductive polymers are utilized in various applications such as antistatic packaging & coatings, sensors, and actuators. This will increase the demand due to higher production and quick innovations in the electronic sector during the forecast period. Innovative development in the automobile industry with the amalgamation of technologies including artificial intelligence and self-driving cars will fuel the market growth in the upcoming time period.

The increasing outbreak of the COVID–19 epidemic owing to the rapidly increasing spread has restrained the growth of the conductive polymer market during the forecast period. Furthermore, it is projected to show a downfall in price because of the unbalanced demand for polymers in the market. The decline was assorted to the decreased demand from the solar, and coating industry. Furthermore, the economic slowdown and reduced spending on research and development of new products due to lockdown restrictions have negatively affected the growth of the market during the forecast period.

The Polyaniline Segment is Expected to Dominate the Market

The Global Conductive Polymers Market is bifurcated By Types and Application. By Types, the segment is further bifurcated into Polyaniline, Polypyrrole, PolyphenyleneVinylenes, PEDOT, and Polycarbonates. The Polyaniline segment is anticipated to dominate the market growth during the forecast period. Due to an increase in demand for polyaniline to manufacture antistatic coatings and printed circuit boards. Development of the electronic industry across India and China and the increase in disposable income of individuals fuel the demand for consumer electronics such as smartphones, television, and laptop. This factor is expected to influence the demand for printed circuit boards to be used in consumer electronics. Because of the rising demand for printed circuit boards, the demand for polyaniline is estimated to increase, hence boosting the growth of the segment during the forecast period.

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The Asia Pacific Region is Expected to be Fastest Growing Region in the Global Conductive Polymers Market

The Global Conductive Polymers Market is segmented into the Asia Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific is expected to be the fastest growing region in the global market share. The flourishing demand from the automobile industry, particularly in emerging countries, will propel the polymer-based conductive sensors market growth in the Asia Pacific region during the forecast period. The strong presence of the semiconductor and electronics industry supported by the presence of major market players in the region will drive the growth of the region. Furthermore, the presence of advanced research and development centers along with innovative technology is influencing the growth of the market in the region. Furthermore, high demand from emerging economies such as India, China, and Japan is expected to drive market growth.

Key players Focus to Increase the Production Capacity by Collaborating with other Companies

The Global Conductive Polymers Market is intensely competitive with several multinational and local players. The major players are Ormecon Chemie GmbH, GeoTech Chemical Co., LLC, Bayer MaterialScience, Saudi Arabia Basic Industries Corporation, Heraeus Holding, Agfa-Gevaert, Covestro, Merck, Celanese, The Lubrizol Corporation, and several others are constantly focusing on developing products to gain a competitive edge in the market. The companies are applying various market strategies to sustain the market during the forecast period.

For instance, In January 2019, Celanese Corporation, a specialty Materials, and chemical Company acquired India’s largest engineering thermoplastics compounder Next Polymers Ltd. Infinium Global Research’s recent report on the Global Conductive Polymers Market is an encompassment of such recent developments in the marketplace. The report delivers insights into the recent developments by leading players that have contributed to the growth of the Global Conductive Polymers Market and also estimates the impact of recent developments in the market.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the Conductive Polymers.

=> Complete coverage of all the product types and applications segments to analyze the trends, developments, and forecast of market size up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.