Portland, OR, May 04, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global conductive polymer industry was pegged at $3.9 billion in 2018, and is estimated to reach $7.4 billion by 2026, registering a CAGR of 8.1% from 2019 to 2026. The report provides a detailed analysis of changing market dynamics, value chain, market player positioning, major segments, investment pockets, and competitive landscape.
Increase in demand for electronic products and rise in usage of conducting polymers in solar cell manufacturing have propelled the growth of the global conductive polymer market. Whereas, high cost of production impedes the market growth. On the other hand, surge in electric mobility is anticipated to create lucrative opportunities in the near future.
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The global conductive polymer market size is segmented on the basis of type, application, and region. Based on type, the market is categorized into polyaniline (PANI), polypyrrole (PPy), polyphenylenevinylenes (PPV), PEDOT, polyacetylene, and others. The PANI segment held the largest share in 2018, accounting for nearly one-fourth of the market. On the other hand, the PEDOT segment is expected to register the highest CAGR of 10.6% during the forecast period.
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Based on applications, the market comprise anti-static coatings, photographic film, solar cell, display screen, polymer capacitors, LED lights, and others. The polymer capacitor segment is projected to manifest the highest CAGR of 9.3% during the forecast period. However, the anti-static packaging & coating segment held the largest share in 2018, contributing to nearly one-fourth of the market.
Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2018, accounting for nearly one-third of the market. However, the market across Europe is anticipated to portray the highest CAGR of 8.8% during the forecast period.
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The major key players in the report include:
- Celanese Corporation
- Merck KGAA
- Heraeus Group
- Solvay
- Kemet Corporation
- Abtech Scientific
- American Dyes Inc.
- SABIC
- Agfa Gevaert
- 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.
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.