“The global conducting polymers market is projected to grow at a CAGR of 9.0% from 2017 to 2022”
The global conducting polymers market is projected to reach USD 6.77 billion by 2022, at a CAGR of 9.0% from 2017 to 2022. The growth in the market is triggered by the rising demand for smart electronics and ease of design flexibility offered by these polymers. There is a huge demand for miniaturization of electronic components by various end-use industries, which is also leading to a high demand for compact conducting polymers. However, the lower thermal conductivity of polymers as compared to conventional materials such as ceramics and metals acts as a major restraint for the market.
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“The electrically conducting type is the largest segment of the global conducting polymers market”
Based on type, the electrically conducting segment accounted for the largest share of the global conducting polymers market in 2016. This large share is mainly attributed to the strong demand from the electronics industry, especially for display devices, fuel cells, biosensors, and solar cells. There is a huge demand for inherently conducting polymers possessing conductive properties of their own.
“ESD/EMI shielding is the largest application segment of the global conducting polymers market”
Based on application, the ESD/EMI shielding segment is projected to lead the market between 2017 and 2022. Conducting polymers are widely used in the electronics industry for ESD/EMI protection because, during handling and/or storage, electronic components suffer damage due to the sudden flow of electricity between two electrically charged objects. The high demand for conducting polymers from the electronics industry is expected to drive the conducting polymers market between 2017 and 2022.
“North America to be the largest conducting polymers market during the forecast period”
The North American region is expected to lead the global conducting polymers market between 2017 and 2022. The US is the key producer and consumer of conducting polymers in North America. Intensive R&D, early product commercialization, and rapid growth of the smart fabrics & smart electronics market have led to an increase in the demand for conducting polymers in North America.
Breakdown of profiles of primary interviews for the report
• By Company Type: Tier 1 – 30%, Tier 2 –38%, and Tier 3 – 32%
• By Designation: C Level – 36%, Director Level – 30%, and Others – 34%
• By Region: Asia Pacific – 32%, Europe – 26%, North America – 22%, Others – 22%
Some of the key companies profiled in this report include SABIC, 3M, PolyOne, Heraeus, and Solvay, among others.
Related Report:
Global Conducting Polymers Market Survey and Trend Research 2018
This report describes the development of the industry by upstream & downstream, industry overall and development, key companies, as well as type segment & market application and so on, and makes a scientific prediction for the development industry prospects on the basis of analysis, finally, analyzes opportunities for investment in the industry at the end of the report.
Industry Chain Raw Materials Cost Technology Consumer Preference
Industry Overall: History Development & Trend Market Competition Trade Overview Policy
Region (North America, Europe, Asia-Pacific, South America, Middle East, Africa): Regional Market Production Development Sales Regional Trade Regional Forecast
Read More: https://watchersofmarkets.com/products/global-conducting-polymers-market-survey-and-trend-research-2018
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