Global conductive polymers market report published by Accurize Market Research forecast that the global market is expected to reach $11 billion by 2025, growing at a CAGR of 10.8% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Request Sample:
https://www.accurizemarketresearch.com/report/conductive-polymers-market/sample-request
An upsurge in demand for high-performance, lightweight, and inexpensive products across the globe to drive the growth of the market
Increasing demand for high-performance, lightweight, and inexpensive products fuel the demand for the global conductive polymers market. Moreover, ease of process-ability, low cost of raw materials, flexibility, dimensional stability, strength, and chemical resistance also boost the growth of the market.
Market Segmentation
The global conductive polymers market has been bifurcated on the basis of type, application, and geography. The classification by type comprises of inherently conductive polymers (ICPs), polyaniline, polyphenylene based resin, and other types. By application, the classification includes antistatic packaging, ESD & EMI protection, capacitors, actuators, sensors, batteries, solar cells, and other applications.
Request Customization:
https://www.accurizemarketresearch.com/report/conductive-polymers-market/ask-for-customization
By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is further bifurcated in the U.S., Canada, and Mexico whereas Europe consists of Germany, the UK, France, Italy, and the rest of Europe. Asia-Pacific is segmented into China, Japan, India, and the rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa.
“Inherently conductive polymers accounted for the largest market share in the type segment", says Accurize
By type segments, inherently conductive polymers is likely to attain the fastest CAGR in the type segment and is expected to continue its dominance during the forecast period i.e. 2017 – 2025, owing to their high conductivity & stability, also their electrical conductivity properties are similar to inorganic semiconductors and as a result, are able to discharge static before charges reach unsafe levels.
ESD & EMI protection is anticipated to grow at the fastest GAGR in the application segment, driven by their ability to protect the electronic equipment from electrostatic discharge and electromagnetic interference.
“North America dominated the global market with the highest market share over the forecast period", says Accurize
North America generated the largest revenue accounting for 64% in the year 2017. In terms of growth, Europe is anticipated to achieve the fastest CAGR during the forecast period i.e. 2017 – 2025
Top players in the market
The key market players include The Dow Chemical Company, CBI Polymers Inc., Crosslink, The Lubrizol Corporation, NanoMarkets LLC, Henkel Electronics, IDTech EX, Voltaic Coatings, AnCatt, and ITEK, among others.