The global conductive polymers market is expected to reach USD 6.5 billion by 2024,
according to a new report by Grand View Research, Inc. Rising awareness towards
antistatic packaging as a protection medium for electronic devices and
appliances is projected to fuel the demand for conductive polymers. Favorable
outlook towards the electronics industry in China, Japan, South Korea and
Singapore as a result of new product launches including smartphones by market
players such as Samsung and LG is expected to have a significant impact on
growth over the forecast period.
Capacitors are projected
to witness substantial volume gains at a 9.4% CAGR from 2016 to 2024. Rising
demand for capacitors owing to providing its excellent performance over a wide
temperature range and lifecycle intervals is expected to promote the usage of
conductive materials over the forecast period.
To request a sample copy or view summary of this report,
click the link below:
http://www.grandviewresearch.com/industry-analysis/global-conductive-polymers-market
http://www.grandviewresearch.com/industry-analysis/global-conductive-polymers-market
Further key findings from the report suggest:
· Nylon accounted for 16.7% of the global
volume market share in 2015 and is likely to witness growth on account of its
low price as compared to other engineering polymers including ABS and PPS.
Furthermore, the product is also widely used for manufacturing conductive tapes
for wiring harness and engine systems, which may result in tight raw material
supply to manufacturers.
· Demand for conductive polymers in batteries
was 26.7 kilo tons in 2015. Rising awareness towards energy storage in
manufacturing and household sectors to ensure uninterrupted power supply is
projected to increase the requirement of conducting materials over the next
eight years.
· Europe is expected to witness revenue
growth at a CAGR of 8.9% from 2016 to 2024. The increasing application of
biomimetics in healthcare applications, particularly in Germany and UK, is
likely to play a significant role in increasing the demand for conductive
materials over the forecast period.
· The U.S. conductive polymers market was
valued at USD 1.21 billion in 2015. Technological advancement in the healthcare
sector on account of increasing expenditure for the development of new products
including artificial muscles is expected to play a significant role in increasing
the demand for the product. Furthermore, increasing investment towards the
development of ICP-drug delivery systems for the treatment of skin care and
hematology disorders is expected to open new industry avenues over the next
eight years.
· Major manufacturers include Heraeus,
Covestro, 3M, SABIC, Enthone, Hyperion Catalysis, Solvay, and Premix. In March
2016, Germany-based Covestro launched a new grade of polycarbonate “Makrolon
TC8030” for thermal conductivity applications required in cooling of LED components.
This product launch is expected to enable the company to cater to the growing
requirements of high-performance and energy-efficient LED lamps.
Grand View Research has
segmented the global conductive polymers market by product, application, and
region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million,
2013 - 2024)
·
Acrylonitrile Butadiene Styrene (ABS)
·
Polyphenylene Polymer (PPP)-based Resins
·
Polycarbonate (PC)
·
Intrinsically Conductive Polymers (ICP)
·
Nylon
·
Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million,
2013 - 2024)
·
Actuators & Sensors
·
Anti-Static Packaging
·
Batteries
·
Capacitors
·
Solar energy
·
Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013 - 2024)
·
North America
o
U.S.
o
Mexico
o
Canada
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
Japan
o
India
o
South Korea
·
Latin America
o
Brazil
·
Middle East & Africa (MEA)
Access Press Release Of This Research Report by Grand
View: https://www.grandviewresearch.com/press-release/conductive-polymers-market
About Grand View
Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
No comments:
Post a Comment