Global Conductive Polymer Market: Primarily Driven by Rising Demand for Lightweight, High-Performance, and Inexpensive Products
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Low price of raw materials to drive the global conductive polymer market
The global conductive polymer market is driven by factors such as low price of raw materials and the ease of process-ability, rising demand for lightweight, high-performance, and inexpensive products, and their flexibility, dimensional stability, strength, & chemical resistance. High production & processing cost may hamper the market growth. Furthermore, with increasing disposable income and modernization, adoption for these polymers have increased extremely which would provide an opportunity for market players of conductive polymer market.
The global conductive polymer market is classified into type, application, and geography. Type segment includes polyaniline, inherently conductive polymers (ICPs), polyphenylene based resin, and other types. Conductive polymers applications are antistatic packaging, actuators, ESD & EMI protection, sensors, capacitors, solar cells, batteries, and other applications. North America (U.S., Mexico, and Canada), Europe (France, Italy, Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, India, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in the global conductive polymer market.
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Inherently conductive polymers (ICPs), by type, is estimated to witness fastest CAGR
Inherently conductive polymers (ICPs) is likely to attain the highest CAGR in the type segment and is projected to continue the trend during the forecast period i.e. 2016 – 2024, due to their high stability and conductivity, also their electrical conductivity properties are similar to inorganic semiconductors.
ESD & EMI protection, by application, is estimated to dominated the global market in 2016
ESD & EMI protection is projected to grow at a fastest CAGR, driven by their capacity to protect the electronic equipment from electromagnetic interference and electrostatic discharge. Furthermore, conductive polymers and plastics in industrial applications are heavily used.
North America is estimated to dominated the global market in 2016
North America accounted for the largest market share in 2016, due to increasing R&D activities related to conductive polymer technologies by key market players and supported by government initiatives in the North American region.
The key market players of the market are Crosslink, The Dow Chemical Company, Henkel Electronics, NanoMarkets LLC., The Lubrizol Corporation, IDTech EX, AnCatt, ITEK, Voltaic Coatings, and CBI Polymers Inc., among others.
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SCOPE OF CONDUCTIVE POLYMERS MARKET
• Inherently Conductive Polymers (ICPs)
• Polyphenylene Based Resin
• Other Types
• Antistatic Packaging
• ESD & EMI Protection
• Solar Cells
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia-Pacific
o South America
o Middle East
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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