Global Conductive Polymers Market 2017-2021

Overview of the Global Conductive Polymers Market, 2017-2021

According to Technavio’s conductive polymers market forecast, the global conductive polymers market is anticipated to grow at a steady rate and post a CAGR of more than 9% during the forecast period. The growing need for lightweight parts and components will drive the conductive polymers market demand until the end of 2021. Some of the major factors responsible for the growing use of conductive polymers includes various properties such as lightweight, the capability of striction more than two orders of magnitude of EAC (electroactive ceramics) materials, cost-effective, noiseless, and energy densities similar to biological muscles.

It has been observed that the application of polymers in robotics is more cost-effective than using metals and semiconductor materials, which, in turn, will drive the global conductive polymers market’s growth. Furthermore, the electrically conductive polymers can be used in biomimetic and biomedicine to reduce the healthcare costs, can be fabricated to resemble human muscles and mimic their movements, and can be used to develop bioprosthetics for the physically challenged group.

In terms of geography, North America accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. The conductive polymers market demand in the region is driven by industries such as electronics, automotive, polymers, and semiconductors.

Competitive landscape and key vendors

According to the industry research report, the global conductive polymers market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. Also, these vendors are increasingly focusing on expanding their geographical reach and gaining a competitive edge over their competitors in terms of product performance and quality, price, product availability, security of supply, and customer service. Moreover, it has been observed that these vendors are increasingly competing against each other based on factors such as price, innovation, quality and performance, and customer-centrism.

Key vendors in this market are -

• 3M
• Agfa-Gevaert
• Celanese
• Covestro
• PARKER HANNIFIN
• Merck

Other prominent vendors in the market include Arkema, Cabot, Lati Industria Thermoplastici, THEMIX Plastics, Premix Oy, Grafe, and Sabic.

Segmentation by resin type and analysis of the conductive polymers market

• ABS
• PVC
• Polyphenylene-based resins
• Polycarbonates

The global conductive polymers market by ABS conductive resin accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market segment's growth is its unique characteristics such as impact resistance, machinability, chemical resistance, and easy to glue and paint. Also, conductive polymers are increasingly used in the automotive sector due to its dimensional stability and used in the electrical and electronics sector due to its antistatic feature.

Segmentation by application and analysis of the conductive polymers market

• Antistatic packaging
• Material handling
• Product components

The global conductive polymers market for product components sector accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. Some of the major factors responsible for the market segment's growth is the increasing production of sensitive electronic devices that require sensitive components to shield the electrostatic discharge (ESD) and electromagnetic interference or radio frequency interference (EMI or RFI) and increasing rate of miniaturization and densely-packed components.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global conductive polymers market?
• What are the key market trends impacting the growth of the global conductive polymers market?
• What are the challenges to market growth?
• Who are the key vendors in the global conductive polymers market?
• What are the market opportunities and threats faced by the vendors in the global conductive polymers market?
• What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global conductive polymers market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Electroactive Polymers Market 2017-2021
• Global Polymer Foam Market 2017-2021