Conductive Polymers Market Opportunities, Demand and Forecasts 2023- 2030

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Summary

Conductive Polymers Market Information by Type (Acrylonitrile-Butadiene-Styrene [ABS], Polycarbonates, Polyphenylene-Polymer [PPP]-Based Resins)

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Market Scenario

Market Research Future (MRFR) speculates that the global conductive polymers market is predicted to demonstrate a healthy CAGR during the forecast period (2020-2027) owing to the augmenting electrical & electronics sector. Conductive polymers are referred to as a class of polymers which conduct electricity. They are inexpensive and light in weight and tend to bend, shrink, or protrude when stimulated by electricity. Conductive polymers can offer metallic conductivity and can be used as semiconductors. Such polymers find its application in textiles, anti-static packaging, batteries, capacitors, solar cells, sensors, organic transistors, and actuators.

Segmental Analysis

The global Conductive Polymers Market has been segmented on the basis of product type and application.

By mode of product type, the global conductive polymers market has been segmented into polycarbonates, acrylonitrile-butadiene-styrene (ABS), nylon, polyphenylene-polymer (PPP)-based resins, inherently conductive polymers (ICP), and others. Among these, the ABS segment is likely to occupy the largest share with 32% in 2020. The growth is credited to the properties provided by ABS such as durability, strength, and temperature resistance. ABS also find its application in electronic applications like IC chip carriers, IC tray & tray dividers, and tote boxes, which is likely to contribute to the growth of the segment.

By mode of application, the global market has been segmented into anti-static packaging, capacitors, actuators and sensors, batteries, solar energy, and others. Among these, the actuators and sensors segment is likely to expand at a significant rate owing to the increasing adoption rate of electroactive polymers in solar energy, electronics, and healthcare.

Competitive Dashboard

The prominent players operating the global conductive polymers market are Covestro AG, Solvay SA, The Lubrizol Corporation, Celanese Corporation, Heraeus Holding GmbH, Saudi Arabia Basic Industries Corporation, Polyone Corporation, AGFA-Gevaert NV, Henkel AG & Co. KGaA, and 3M Company.

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Regional Insights

Geographically, the conductive polymers market span across regions namely, Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.