Conductive Polymers Market - Forecasts from 2019 to 2024

The global conductive polymers market is projected to grow at a CAGR of 7.60% to reach US$ 8.068 billion in 2024 from US$5.197 billion in 2018. Conductive polymers offer a unique combination of properties that make them attractive alternatives for traditional conducting materials in a number of applications. These polymers are widely used in applications such as rechargeable batteries, sensors, electromagnetic shielding, and LED display due to their enhanced electrical and thermal properties. Rising disposable income is leading to an increased demand for consumer electronics such as OLED which in turn is accelerating the demand for conductive polymers. With LED lighting gaining traction across the globe, the demand for conductive polymers is set to grow. Furthermore, the growing penetration of biosensors in medical devices is further accelerating the conductive polymers market growth. Thus, the market is poised to grow at a good rate on account of its growing penetration in various applications of automotive, healthcare, and electronics industry.

Drivers

Burgeoning penetration of sensors across various industries
Growing demand for consumer electronics across the globe

OPPORTUNITY

The rising propensity towards green energy technologies
Investments in smart cities

Industry Update

In June 2016, Heraeus and Songwon partnered together to develop and market high-end products like conductive polymers for the electronics industry.

The major players profiled in the global conductive polymers market include SABIC, Covestro AG, Henkel AG & Co. KGaA., RTP Company, EEONYX, Heraeus Holding, Merck KGaA, Agfa-Gevaert Group, POLYMERITS, and Celanese Corporation among others.

Segmentation

The global conductive polymers market has been analyzed through the following segments:

By Type

Electrically Conductive Polymers
Thermally Conductive Polymers

By Form

Inks and Coatings
Powder
Textile

By Application

LED Lighting
Electrical Supercapacitors
Sensors
Actuators
Electrostatic Discharge Protection (ESD)
Others

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others