Global Conductive Polymers Market Report and Forecast 2024-2032

Global Conductive Polymers Market Outlook

The global conductive polymers market attained a value of about USD 5.92 billion in 2023. The market is further expected to grow at a CAGR of 8% during the forecast period of 2024-2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Surge in Electronics Industry to Boost the Market Growth of Conductive Polymers

Conductive polymers are being widely deployed in the electronics industry owing to the inherently low thermal conductivity of the polymers and their ability to provide thermal insulation, thereby enhancing the safety of many electrical appliances, which is driving the market growth of conductive polymers. Furthermore, conductive polymeric fibres are installed in lasers used in television and the screens of mobile phones. Thus, a surge in demand for electronic devices in 2020, owing to the long periods of lockdown due to the COVID-19 pandemic, positively added to the demand for conductive polymers, hence, invigorating the market growth. As standards of living improve, dependency on electronics is bound to rise, which in turn, is expected to augment the market growth of conductive polymers in the forecast period.

Rise in the Demand for Electric Vehicles to Bolster the Demand for Conductive Polymers

Conductive polymers hold a bright future with the emergence of battery-operated vehicles. They are extensively deployed in electric vehicles in components, such as capacitors, batteries and, sensors. Conductive polymers weigh less, are pocket-friendly, easy to mould, can be customised, and offer thermal stability that aids in keeping electric vehicles and engines cool. These factors have been invigorating the demand for conductive polymers in the electric vehicles sector. Owing to stringent government policies across the world and the rising environmental concerns owing to climate change, the demand for electric vehicles is anticipated to boost rapidly, owing to which the demand for conductive polymers is also expected to witness a growth.

Conductive Polymers: Market Segmentation

Conductive polymers refer to a group of organic polymers that possess electrical and optical characteristics similar to metals and semiconductors. They can be widely used in the replacement of semi-metals and metals, where high amounts of energy are required in the manufacturing process, as they possess the flexible mechanics and processing ability of polymers. The electrical properties, in addition to mechanical flexibility, are the key characteristics of conductive polymers.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

On the basis of product type, the market is categorised into:

• Acrylonitrile-Butadiene- Styrene (ABS)
• Polycarbonates
• Polyphenylene Polymer (PPP) Based Resins
• Nylon
• Inherently Conductive Polymers (ICP)
• Others

Based on application, the market segmentations are:

• Capacitors
• Anti-Static Packaging
• Batteries
• Actuators and Sensors
• Solar Energy 
• Others

The EMR report looks into the regional markets of conductive polymers like North America, Europe, Latin America, the Asia Pacific and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Conductive Polymers in Biomedical Sectors to Provide Growth Prospects

The growing introduction of conductive polymers in the biomedical sector is anticipated to revolutionise the medical sector, thus, impelling the market growth. Conductive polymers, being suitable biocompatible matrices for biomolecules, are being widely used for tissue regeneration and in biosensors. With ongoing research regarding applications of conductive polymers in areas, such as wound healing, bone repair, and spinal cord regeneration, the market for conductive polymers is further expected to be propelled forward. Further, the growing application of conductive polymers in the development of artificial muscles by utilising their response to an electric field, as a result of excellent conducting properties and inherently simple polymeric material, the conductive polymers industry is projected to witness exceptional growth opportunities.

Key Industry Players in the Global Conductive Polymers Market

The report presents a detailed analysis of the following key players in the global conductive polymers market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.

• Enthone
• Heraeus Holding
• KEMET Corporation
• Solvay S.A.
• SABIC Corporation
• Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report