Selbyville, Delaware, July 31, 2019 (GLOBE NEWSWIRE) --
The Conductive Polymers Market share is set to rise from USD 3.5 billion in 2018 to around USD 6 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Growing need for antistatic material for safe packaging & coating of electronic and related equipment, that are vulnerable to electrostatic damages will primarily drive the conductive polymers market share during the forecast spell.
Electroactive polymers are majorly used as anti-static packaging material to shield devices against any type of electromagnetic disturbances. The working of nearby electronic devices emits electromagnetic frequencies, that interfere with that of other electronic devices in periphery, thereby affecting the overall performance which may result in device damages and lower its overall lifespan. Global electronics industry stood at USD 2.8 trillion in 2018 and it is poised to grow at 4% year on year. According to a study conducted by NASA, ESD not only causes high part replacement cost, but also results in greater spending on the repair labor, logistics and disposition. These factors will eventually drive conductive polymers market demand in near future.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/4205
Advancements in automotive industry with technologies such as artificial intelligence and self-driving cars is further expected to grow at a decent rate due to rise in production of electrical vehicles. This will eventually propel demand for sensors & actuators that utilize conductive polymers. Europe is one of the largest market for automotive sensors. According to the European Automobile Manufacturers Association, 19.6 million motor vehicles were manufactured in Europe in 2017, contributing to 20% of the global production. Increasing automobile demand especially in developing nations will drive the conducting polymer-based sensors over the forecast period. However, inherently conducting polymers are observed to lose their characteristics under uncertain environment conditions. It limits the application of ICPs in hot and moist conditions, thereby, restraining the conducting polymer market to a greater extent.
Conducting polymers are segmented on the basis of conduction mechanism, which includes, conducting polymer composites and inherently conductive polymers. It is sub-divided into ABS, polycarbonates, PVC, PP, nylon, and others. Among the composites, ABS type of conducting polymers held a prominent share of over 25% in 2025, owing to low cost and high-quality conduction performance demonstrated by ABS material. On the other hand, inherently conductive polymers are a class of polymers that were observed to conduct electricity due to its chemical structure bonds. It includes, polyaniline (PANI), polypyrrole (PPy), polyphenylene vinylenes (PPV), PEDOT, and others. Polyaniline type of inherently conducing polymers have the highest conductive polymers market share owing to its large-scale applicability in printed circuit board manufacturing for corrosion protection.
Browse key industry insights spread across 250 pages with 324 market data tables & 24 figures & charts from the report, “Conductive Polymers Market Size By Conduction Mechanism (Conducting Polymer Composites [ABS, Polycarbonates, PVC, PP, Nylon], Inherently Conductive Polymers [Polyaniline (PANI), Polypyrrole (PPy), Polyphenylene Vinylenes (PPV), PEDOT]), By Application (Anti-static Packaging & Coating, Capacitors, Actuators & Sensors, Batteries, Solar Cells, Electroluminescence, Printed Circuit Board), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Indonesia, Malaysia, South Korea, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/conductive-polymers-market
In 2018, anti-static packaging & coating applications generated the highest revenue of over USD 950 million. In addition, growing utility in solar applications, where the product is utilized as a deposition materials for enhancing conduction electricity capacity will create lucrative opportunities for the market.
North America will have the largest share of the conducting polymer market by 2025. Rise in complex electronic equipment manufacturing, related continuous R&D efforts, innovations in enhanced performing PCBs and overall miniaturization of electronic parts will fuel the product demand in North America by 2025.
Henkel AG & Co. KGaA, 3M Company, DowDuPont Inc., RTP Company, Agfa Gevaert, Lubrizol Corporation, are the some of the main players operating in conductive polymers market share. However, a large number of companies are expected to enter this business owing to increasing semiconductor & electronics industry.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/4205
Browse Related Reports:
1. Electronic Thermal Management Materials Market Size By Product (Conductive Pastes [Silicone, Epoxy, Acrylic], Conductive Tapes, Phase Change Materials [Paraffin, Salt Hydrates], Gap Fillers [Silicone, Non-silicone], Thermal Greases [Silicone, Non-silicone]), By End-user (Consumer Electronics, Automotive, Aerospace, Healthcare, Telecom), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Taiwan, South Korea, Malaysia, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
https://www.gminsights.com/industry-analysis/transparent-ceramics-market
2. Polymer Nanocomposites Market Size By Polymer (Epoxy Resin, Polyamide, Polyethylene, Polypropylene), By Nanomaterials (Nanoclays, Carbon Nanotubes, Nanofibers, Nano-oxides), By End-user Industry (Automotive & Aerospace, Electrical & Electronics, Packaging, Biomedical, Paints & Coatings), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, The Nordic Countries, Russia, China, Japan, South Korea, Singapore, Taiwan, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Israel), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
https://www.gminsights.com/industry-analysis/polymer-nanocomposites-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.