Dallas, Texas, April 19, 2019 (GLOBE NEWSWIRE) -- The driving factors influencing the global conductive polymer market include growing preference for lightweight, high performing electronic products, growing demand for conductive polymers, efficient focus over energy technologies is driving the growth and potential of conductive polymers.
The global conductive polymer market size is estimated to reach USD 6.89 billion by 2025. Currently in the market, there is high demand for flexible and wearable electronics, displays, and other organic semiconductors. Moreover, lightweight and high performing materials is specifically used in the manufacturing electronic items such as laptops, gadgets, cell phones and more others.
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The market research report on global conductive polymer studies the market demand, major drivers, restraints, and opportunities including trending scenario for the period ranging from 2015 to 2025. Moreover, the report covers the historic trends from 2015 to 2017 and market forecast from 2018 to 2025. The report delivers about the current status and future prospects of the market at global as well as country level. The global conductive polymer market is segmented on the basis of product, application, and regional overview.
Increasing demand from the lithium-ion battery is anticipated to drive the demand for semiconducting compound market within the returning future. The utilization of lithium-ion is increasing due to rise in demand from batteries to power moveable client physics and electrical vehicles. For example, in 2017, Tesla a manufacturer of the electrical vehicle has pledged with Panasonic for mass manufacture of lithium-ion battery cells, which might be employed in Tesla energy storage product.
The “Global Conductive Polymer Market Size by Types (Acrylonitrile butadiene styrene (ABS), Polyphenylene-based Resins, Polycarbonates, Inherently Conductive polymers, Nylon and Other) by Application (Actuators & Sensors, Anti- Static Packaging, Batteries, Capacitors, Solar Energy and Other) by Region ( North America, Europe, Asia Pacific, Latin America and Middle East & Africa) and Forecast 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
Swift increase in automobile manufacturer across the world has escalated the demand for semiconducting compound market. Material properties like impact resistance and light-weight have fallen down the vehicle weight by around 50% per cent. This enabled vehicles fuel economical and reduction in C02 emissions while not compromising the protection, strength, and magnificence of the automotive.
By product overview, the global conductive polymer market is categorized into ABS, Polyphenylene-based Resins, Polycarbonates, Inherently Conductive Polymers (ICP), Nylon, and others. In terms of application overview, the global conductive polymer market is fragmented into Actuators & Sensors, Anti-Static Packaging, Batteries, Capacitors, Solar energy, and others. In 2017, actuators & sensors were considered as the widest application of conductive polymers across the world. The section generated 29.6% of overall revenue within the same year because of its penetration across the buyer natural philosophy and automotive sector. Over ensuing seven years, the usage of actuators & sensors is ready to considerably increase because of its installation all types of electrical vehicles.
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Discussing the regional overview, the global conductive polymer is wide range to North America, US, Canada, Mexico, Europe, United Kingdom, Germany, France, Asia Pacific, India, China, Japan, South Korea, Latin America, Brazil, and Middle East & Africa.
Asia Pacific command 17.6% of world conductive polymer market. The region is dominated by key country markets like China and India. China being the most important consumption country of semiconducting chemical compound because of production of electronic devices and vehicles, wherever they have semiconducting polymers for electric cell and many more. In August 2018, China’s ministry of science and technology launched a project on atomic number 1 fuel cells to create an atomic number 1 town in Jinan, East of China. The town can promote atomic number 1 fuel cells in vehicles and enhance the event of an atomic number 1 battery-powered vehicle business.
The competitive landscape of global conductive polymer market is very fragmented with an outsized variety of regional and global players as well as Ormecon GmbH, Empirin MaterialScience, Geo-Tech Polymers, Agfa-Gevaert N.V., Milliken & Company, RTP Company, Sterling Fibers, SABIC, Celanese Corporation and Ernest Solvay. In Feb 2015, Empirin Material Science introduced a brand new polycarbonate polymers specifically employed in wearable devices. This new grade product would exhibits glorious toughness, dimension stability and mouldability. These options offer distinctive standardization to wearable devices.
Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Conductive Polymer Market Overview, by Product
Chapter 5. Conductive Polymer Market Overview, By Application
Chapter 6. Conductive polymer market Overview, By Region
Chapter 7. Company Profiles
Continued…
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