Global Conducting Polymers Market, By Class (Conjugated Conducting polymers, Charge Transfer Polymer’s, Ionically Conducting Polymers, Conductively Filled Polymers), Conduction Mechanism (Inherently Conductive Polymers (ICPs), Conductive Plastics, Electrical Conducting, Polymer Thermal Conducting, Polyfuran, Conducting Polymer Composites, Inherently Conductive Polymers (ICPS’s)), Application (Anti-Static Packaging and Coating, ESD/EMI Shielding, Electrostatic Coating, Actuators and Sensors, Batteries, Solar Cells, Electroluminescence, Printed Circuit Board, Product Components, Material Handling, Work Surface and Flooring, Light Emitting Diodes, Super Capacitors, Displays, Bio Implants, Others), Doping Technology (Chemical Doping Technology, Electrochemical Doping Technology), End-User (Automotive, Aerospace, Electronics and Electrical, Industrial, Healthcare, Others) - Industry Trends and Forecast from 2023 to 2030.
Conducting Polymers Market Analysis and Size
The essential factors contributing to the growth of the global conducting polymers market in the forecast period from 2023 to 2020 include increasing application of lightweight components in automotive and aerospace industries, and fast growing LED market. Additionally, compared to many other carbon-based electrodes, it has a relatively low equivalent series resistance, which has further accelerated the overall global demand for the global conducting polymers market. Therefore, the market is estimated to grow rapidly over forecasted period.
Data Bridge Market Research analyses that the conducting polymers market which was USD 6.30 billion in 2022, is expected to reach USD 10.68 billion by 2030, growing at a CAGR of 6.82% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Conducting Polymers Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Class (Conjugated Conducting polymers, Charge Transfer Polymer’s, Ionically Conducting Polymers, Conductively Filled Polymers), Conduction Mechanism (Inherently Conductive Polymers (ICPs), Conductive Plastics, Electrical Conducting, Polymer Thermal Conducting, Polyfuran, Conducting Polymer Composites, Inherently Conductive Polymers (ICPS’s)), Application (Anti-Static Packaging and Coating, ESD/EMI Shielding, Electrostatic Coating, Actuators and Sensors, Batteries, Solar Cells, Electroluminescence, Printed Circuit Board, Product Components, Material Handling, Work Surface and Flooring, Light Emitting Diodes, Super Capacitors, Displays, Bio Implants, Others), Doping Technology (Chemical Doping Technology, Electrochemical Doping Technology), End-User (Automotive, Aerospace, Electronics and Electrical, Industrial, Healthcare, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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3M (U.S.), Agfa-Gevaert Group (Belgium), Celanese Corporation (U.S.), Covestro AG (Germany), Heraeus Holding (Germany), Avient Corporation (U.S.), Solvay (Belgium), The Lubrizol Corporation (U.S.), Arkema (France), Cabot Corporation (U.S.), Eastman Chemical Company (U.S.), Integral Technologies, Inc. (U.S.), Ensinger (Germany), Ferro Corporation (U.S.), KEMET Corporation. (U.S.), LATI Industria Termoplastici S.p.A. (France), Bekaert (Belgium), Premix Group (Finland), DSM (Netherlands), Merck KGaA (Germany), Simona AG (Germany)
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Market Opportunities
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Market Definition
Conducive polymers, also called intrinsically conducting polymers, are organic polymers with the capacity to conduct electricity. Monocyclic precursor polymers are oxidized to produce conductive polymers. Although these polymers offer high conductivity, they lack the same mechanical qualities. High electrical conductivity, strength, and durability are just a few of the qualities that conductive polymers provide.
Global Conducting Polymers Market Dynamics
Drivers
- Expansion of Inherently Conductive Polymers (ICPS)
Electrical insulators have historically been associated with carbon-based polymers. These polymers can be given some conductivity by incorporating small amounts of a conductive additive, typically carbon, nickel, or silver. When the resulting silvery film was doped with different oxidizing agents, it was discovered that the substance had changed into conductive. As a result, several additional conductive polymers were created. ICPs are electrically conductive polymers because they contain conjugated carbon-carbon bonds, which give these materials their conductivity. These conjugated polymer’s delocalized electron systems give them exciting and practical properties.
- Rising Demand from Automotive and Aerospace Industries
The global conductive polymer market is expected to grow quickly over the coming years due to the rapid growth in the electronic sectors. This growth is largely attributed to increasing awareness of protecting electronic component packaging from electromagnetic interference, static electricity, and other hazards. The excellent shielding properties of conductive polymers against electrostatic discharge and radio frequency interference have increased their use in packaging applications due to this factor. The demand for electronic devices grew along with the demand for conductive polymers, which fuelled market expansion. In addition, both the lasers in televisions and the screens of mobile phones contain conductive polymeric fibers.
Opportunity
- Expansion of Electronics Sector
Conductive polymers are widely used in the electronics industry due to their low thermal conductivity and capacity to provide thermal insulation, boosting the market growth for these materials. Dependence on electronics will inevitably increase as living standards rise, which is anticipated to fuel the market growth of conductive polymers throughout the forecast period. Through the conductive polymer’s potential use in battery-powered cars and their high energy density, this anticipated growth is caused. Furthermore, these materials produce lightweight structures for modern vehicles, essential in creating stiff, resistant, and light vehicles with improved safety.
Restraint/Challenge
- Low Adoption of Product Technology in Emerging Nations
While conducting polymers are becoming more popular across industries for some applications, developing countries still lack knowledge and awareness of the advantages of the products. In addition, the high price of conductive polymers restricts their use in developing nations such as China, India, and other South Asian nations. However, it is anticipated that manufacturers will be encouraged to innovate production technology to reduce costs and expand the use of conductive polymers throughout the automotive industry due to growing vehicle demand and an expanding electronics market in Asian countries.
This global conducting polymers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the conducting polymers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, POLY-INK was purchased by Encres DUBUIT, a screen printing business with headquarters in France, for an undisclosed sum. Encres DUBUIT has added sustainable and targeted touch panel capabilities to its existing strong portfolio, expanding its electronics offering. A US-based business called POLY-INK Inc. competes in the market for conductive polymers
Global Conducting Polymers Market Scope
The global conducting polymers market is segmented on the basis of class, conduction mechanism, application, doping technology and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Class
- Conjugated Conducting polymers
- Charge Transfer Polymer’s
- Ionically conducting polymers
- Conductively filled polymers
Conduction Mechanism
- Inherently Conductive Polymers (ICPs)
- Conductive Plastics
- Electrical Conducting
- Polymer Thermal Conducting
- Polyfuran
- Conducting Polymer Composites
Application
- Anti-Static Packaging and Coating
- ESD/EMI Shielding
- Electrostatic Coating
- Actuators and Sensors
- Batteries
- Solar Cells
- Electroluminescence
- Printed Circuit Board
- Product Components
- Material Handling
- Work Surface and Flooring
- Light Emitting Diodes
- Super Capacitors
- Displays
- Bio Implants
- Others
Doping Technology
- Chemical Doping Technology
- Electrochemical Doping Technology
End-User
- Automotive
- Aerospace
- Electronics and Electrical
- Industrial
- Healthcare
- Others
Global Conducting Polymers Market Regional Analysis/Insights
The global conducting polymers market is analyzed and market size insights and trends are provided by country, class, conduction mechanism, application, doping technology and end-user as referenced above.
The countries covered in the conducting polymers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the global conducting polymers market due to the growing usage of electroactive polymers in solar energy, electronics, and automotive industries and improved infrastructure prevalence. The market growth over this region is attributed to a high rate of technology adoption in the U.S., which is expected to boost the consumption of conductive polymers in the coming years. Smart phones, tablets, portable speakers, and AI-assisted electronics are witnessing a high growth rate in the region. Other industrial segments and sectors are also expected to impact the market's growth.
Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period from 2023 to 2030, due to the growing development in automotive sector. In addition, it is expected that through research and development, there will be a widespread in conductive polymer coupled with increasing expansion of the electronics industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Conducting Polymers Market Share Analysis
The global conducting polymers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to global conducting polymers market.
Some of the major players operating in the global conducting polymers market are
- 3M (U.S.)
- Agfa-Gevaert Group (Belgium)
- Celanese Corporation (U.S.)
- Covestro AG (Germany)
- Heraeus Holding (Germany)
- Avient Corporation (U.S.)
- Solvay (Belgium)
- The Lubrizol Corporation (U.S.)
- Arkema (France)
- Cabot Corporation (U.S.)
- Eastman Chemical Company (U.S.)
- Integral Technologies, Inc. (U.S.)
- Ensinger (Germany)
- Ferro Corporation (U.S.)
- KEMET Corporation. (U.S.)
- LATI Industria Termoplastici S.p.A. (France)
- Bekaert (Belgium)
- Premix Group (Finland)
- DSM (Netherlands)
- Merck KGaA (Germany)
- Simona AG (Germany)
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