January 24, 2020
According to the latest research report titled ‘Conductive polymers market size by Conduction Mechanism (Conducting Polymer Composites [Acrylonitrile Butadiene Styrene {ABS}, Polycarbonate {PC}, Polyvinyl Chloride {PVC}, Polypropylene {PP}, Nylon]), Inherently Conductive Polymers [Polyaniline {PANI}, Polypyrrole {PPY}, Polyphenylene vinylenes {PPV}, Poly(3,4- ethylenedioxythiophene) polystyrene sulfonate {PEDOT}]), By Application (Anti-static packaging and coating, Capacitors, Actuators and Sensors, Batteries, Solar cells, Electroluminescence, Printed Circuit Board), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, UK, 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 and Forecast, 2019-2025’ available with Market Study Report, the global conductive polymers market is projected to surpass USD 6 billion by 2025.
Rise in purchasing power and the need to adopt technologically advanced and innovative electronic devices is fueling electronics trends across the globe. Increased use of antistatic coatings in electronics and semiconductor sector owing to the ability to provide protection to the devices from electrostatic damages is a pivotal factor positively influencing conductive polymers market outlook.
Thermochromism, electrochromism, superconductivity, nonlinearity are some of the integral characteristics of conductive polymers supporting the extensive usage of the products in industries such as automobiles, aerospace, semiconductors and electronics. With respect to application, capacitors, actuators, and sensors have gained widespread demand owing to the requirement for micro-sized electronic devices such as supercapacitors. Growing trend for integrating computing power in compact spaces will complement the industry landscape.
Elaborating further on application scope, in 2018 the anti-static packaging and coatings segment accounted for approximately 25% of the total conductive polymers market share and is expected to grow at a CAGR of close to 8% through 2025. The product is widely used in the production of supercapacitors, vapor sensors, biopharmaceuticals, installations, and printed circuit boards.
Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/2212518/
Conductive polymers render superior flexibility along with increasing the conductivity of electronic components such as sensors, capacitors and PCBs. In terms of conduction mechanism, the industry is bifurcated into composites and inherently conductive polymers. Conducting polymer composites are highly preferred materials due to their cost-effectiveness and ease of availability.