Conductive Polymer Market Beyond the Horizon Market Size's Ascension to New Heights

According to a report by Allied Market Research, the global conductive polymer industry reached $3.9 billion in 2018 and is projected to reach $7.4 billion by 2026, with a compound annual growth rate (CAGR) of 8.1% from 2019 to 2026. The report offers an in-depth analysis of evolving market dynamics, the value chain, positioning of market players, major segments, investment opportunities, and competitive landscape.

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One of the primary drivers of growth in the global conductive polymer market is the increasing demand for electronic products and the expanding utilization of conducting polymers in the manufacturing of solar cells. However, the high production costs present a significant challenge to market expansion. Nonetheless, the rise in electric mobility is expected to generate lucrative prospects in the near future.

The market size of global conductive polymers is segmented based on type, application, and region. By type, it includes polyaniline (PANI), polypyrrole (PPy), polyphenylenevinylenes (PPV), PEDOT, polyacetylene, and others. Among these, the PANI segment held the largest share in 2018, representing nearly one-fourth of the market, while the PEDOT segment is forecasted to exhibit the highest CAGR of 10.6% during the forecast period.

Application-wise, the market encompasses anti-static coatings, photographic film, solar cells, display screens, polymer capacitors, LED lights, and others. The polymer capacitor segment is anticipated to witness the highest CAGR of 9.3% during the forecast period. Conversely, the anti-static packaging and coating segment dominated the market in 2018, contributing to almost one-fourth of its total share.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest share in 2018, making up nearly one-third of the market. However, Europe is expected to demonstrate the highest CAGR of 8.8% during the forecast period.

Key players in the market include Celanese Corporation, Merck KGAA, Heraeus Group, Solvay, Kemet Corporation, Abtech Scientific, American Dyes Inc., SABIC, Agfa Gevaert, and Rieke Metals.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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