Press release
Conductive Plastic Compounds Market Analysis Growth and Forecast to 2031
๐๐ผ๐ป๐ฑ๐๐ฐ๐๐ถ๐๐ฒ ๐ฃ๐น๐ฎ๐๐๐ถ๐ฐ ๐๐ผ๐บ๐ฝ๐ผ๐๐ป๐ฑ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐The global conductive plastic compounds market was valued at ~US$ 8.5 Bn in 2018, and is anticipated to expand at a CAGR of ~11% during the forecast period.
Conductive plastic compound manufacturers and plastic converters are focusing on developing products through stable, resource-saving, and energy-efficient processes. Increase in product development programs among compound manufacturers and rise in research & patent activities regarding filler materials among institutes and universities are estimated to propel the demand for conductive plastic compounds in the near future.
๐๐ฒ๐ ๐ฃ๐๐ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ณ๐ผ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฎ๐น ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐ฎ๐ป๐ฑ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ป๐๐ฒ๐น๐น๐ถ๐ด๐ฒ๐ป๐ฐ๐ฒ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=74274
๐๐ฒ๐ ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐ ๐ผ๐ณ ๐๐ผ๐ป๐ฑ๐๐ฐ๐๐ถ๐๐ฒ ๐ฃ๐น๐ฎ๐๐๐ถ๐ฐ ๐๐ผ๐บ๐ฝ๐ผ๐๐ป๐ฑ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Conductive plastic compounds play a vital role in the manufacture and assembly of electrical and electronic devices. They offer reliability to applications that require protection from electrostatic discharge, dissipation of static charges, and effective thermal management. Products manufactured from conductive plastic compounds are lightweight, recyclable, and protect against damage to dissipation of static charge in electronic applications. Injection molded and extruded conductive plastic compounds possess exceptional electrical properties that span the surface resistivity spectrum from 100 ohm/sq to 1012 ohm/sq. High usage of conductive plastic compounds in the electrical & electronics industry is expected to boost the demand for conductive plastic compounds in the near future.
Conductive plastic compounds are also employed in electronics processing and packaging, industrial safety, automotive, and aerospace industries. Rise in the usage of conductive plastic compounds in several end-use industries due to their exceptional attributes is estimated to drive the global conductive plastic compounds market during the forecast period.
๐๐ป๐พ๐๐ถ๐ฟ๐ ๐๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐๐๐ถ๐ป๐ด @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=74274
๐๐ฎ๐ฟ๐ฏ๐ผ๐ป ๐ก๐ฎ๐ป๐ผ๐๐๐ฏ๐ฒ๐ ๐๐ผ ๐ข๐ณ๐ณ๐ฒ๐ฟ ๐๐๐ฐ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐
In terms of filler, carbon nanotubes was a highly attractive segment of the global conductive plastic compounds market in 2018. The segment is projected to maintain its attractiveness during the forecast period, led by the rise in the demand for carbon nanotubes in the automotive and aerospace sectors, owing to their exceptional thermal and electrical properties.
๐ฉ๐ถ๐ฒ๐ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ @ https://www.transparencymarketresearch.com/conductive-plastic-compounds-market.html
๐ฅ๐ถ๐๐ธ๐ ๐๐๐๐ผ๐ฐ๐ถ๐ฎ๐๐ฒ๐ฑ ๐๐ถ๐๐ต ๐ฃ๐น๐ฎ๐๐๐ถ๐ฐ ๐ช๐ฎ๐๐๐ฒ ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐๐ถ๐ธ๐ฒ๐น๐ ๐๐ผ ๐๐ฎ๐บ๐ฝ๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Polymer-based conductive plastics account for a large share of the total conductive plastics produced and sold around the world. These are not readily bio-degradable. Thus, these plastics are hazardous to the environment.
Rise in plastic waste around the world is likely to be a significant factor restraining the global conductive plastic compounds market during the forecast period.
The European Union has banned plastic landfills in Switzerland, Austria, the Netherlands, Germany, and Sweden. This is anticipated to hamper the plastic industry in these countries.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=74274
๐๐๐ถ๐ฎ ๐ฃ๐ฎ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฃ๐ฟ๐ผ๐บ๐ถ๐ป๐ฒ๐ป๐ ๐๐ผ๐ป๐ฑ๐๐ฐ๐๐ถ๐๐ฒ ๐ฃ๐น๐ฎ๐๐๐ถ๐ฐ ๐๐ผ๐บ๐ฝ๐ผ๐๐ป๐ฑ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Based on region, the global conductive plastic compounds market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
In terms of revenue, Asia Pacific led the global conductive plastic compounds market in 2018. China is a major manufacturing hub of the electronics industry. The country constituted a prominent share of the market in the region in 2018, owing to the high rate of adoption of conductive plastic compounds in electrical & electronic applications. Prominent players are focusing on expanding their production facilities in Asia Pacific to cater to the rising demand for conductive plastic compounds in several end-use industries in the region.
The conductive plastic compounds markets in North America and Europe are projected to expand at a moderate pace during the forecast period. Advancements in research & development activities among universities and compound manufacturers in North America and Europe are likely to drive the conductive plastic compounds market in these regions.
๐ง๐ผ๐ฝ ๐๐ถ๐๐ฒ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐๐ฐ๐ฐ๐ผ๐๐ป๐ ๐ณ๐ผ๐ฟ ๐๐ฒ๐ ๐ฆ๐ต๐ฎ๐ฟ๐ฒ ๐ผ๐ณ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Prominent players operating in the global conductive plastic compounds market are BASF SE, RTP Company, LyondellBasell Industries Holdings B.V., Mexichem Specialty Compounds Inc., SABIC, DowDuPont Inc., Coperion K Tron, Adell Plastics, Inc, Sojitz Corporation, Ravago, Polyvisions Inc, and A.Schulman.
The global conductive plastic compounds market is moderately fragmented and highly competitive. Major companies focus on research & development activities pertaining to electrically- and thermally-conductive plastic compounds. Ongoing research & development activities in conductive plastic compounds are expected to drive the market in the near future.
๐๐ผ๐ป๐๐ฎ๐ฐ๐:
Nikhil Sawlani
Transparency Market Research Inc.
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๐๐ฏ๐ผ๐๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
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