Conductive Polymers Market Size, Share & Industry Analysis, By Type (Polycarbonates, Acrylonitrile Butadiene Styrene (ABS), Nylon, Polyphenylene-Polymer (PPP) based resins, Inherently Conductive Polymers (ICP), Others), By Application (Anti-static Packaging, Capacitors, Actuators & Sensors, Batteries, Solar Energy, Others) and Regional Forecast, 2024-2032

Conductive polymers also known as intrinsically conducting polymers (ICPs) are polymers that are organic in nature and have the ability to conduct electricity. Conductive polymers are derived by oxidizing monocyclic precursor polymers. These polymers provide high conductivity but do not show the same mechanical properties. Conductive polymers offer properties such as high electrical conductivity, strength, and durability. Due to these properties, conductive polymers have major applications in electrical applications such as transmission cables, wiring, batteries, capacitors, and others. Conductive polymers being organic materials, the electrical properties can be fine-tuned using different organic synthesis methods.

The market for conductive polymers is driven by the rising demand for lightweight materials from the automotive industry. Increasing application of conductive polymers for being used in wiring and cables for automobiles, thus making the vehicle lighter and oil efficient. Additionally, growing technological advancement, digitalization, and increasing electronic dependence are expected to drive the market for conductive polymers.

Key Market Driver -

Rising demand for lightweight materials from automotive industry

Key Market Restraint -

High prices of raw materials

The conductive polymers market will be affected due to high prices of raw materials. Conductive polymers are made from materials such as ABS, PPS, which are expensive polymers, which is expected to have adverse impact on the industry. Moreover, governmental regulations over environmental concerns also affect the market growth, thus restraining the market for conductive polymers.

Market Segmentation:

Based on type, the market for conductive polymers is segmented into polycarbonates, acrylonitrile-butadiene-styrene (ABS), nylon, polyphenylene-polymer (PPP) resins, inherently conductive polymers (ICP), and others. Based on application, the market is segmented into anti-static packaging, capacitors, actuators & sensors, batteries, solar energy, others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global conductive polymers market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the conductive polymers market includes Celanese Corporation, 3M Company, Covestro, Solvay, Premix Group, Polyone Corporation, SABIC, Eeonyx, Polyone Corporation, Agfa Gevaert, and Others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the Conductive Polymers Markets market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Analysis:

To gain extensive insights into the market, Request for Customization

The conductive polymers market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region dominates the conductive polymers market owin to the growing automotive industry in China, India, and South Korea. New product launches is expected to support the market growth for consuctive polymers market. In North America, growing technological advancement in the region is augmenting the market growth. Established automotive industry and rising demand for growing lightweight automobiles is driving the market for conductive polymers markets market. Moreover, the adoption of conductive polymers for application in the electrical & electronics industry is supporting the growth of the market in the region. The consumption of conductive polymers market is also increasing in Latin America and Middle East & Africa due to growing urbanisation and growing disposable income among the consumers to drive the market growth.

Segmentation

Conductive Polymers Market Developments

• In March 2019, PolyOne features polymer solutions at Plastimagen tradeshow, specifically for Mexico and Central America. PolyOne showcased the company’s wide range of polymer and colorant solutions and services to tackle customer demands. The company featured EMI / RFI Shielding and Conductive Formulations, OnColor SC Super Concentrate Technologies, Low VOC / FOG Elastomers, Reinforced Polymer Composite Technologies.


• In January 2019, Celanese Corporation, global chemical and specialty materials company, acquired Next Polymers Ltd., India’s largest engineering thermoplastics (ETP) compounders. This acquisition supports the companies rapidly growing business and help establish Celanese as a leader in the Indian market, while offering the customer base with a wide range of polymer products.


• In February 2018, PolyOne partnered with Integral Technologies Inc. and its solely owned subsidiary ElectriPlast Corp.  to commercialize long fibre conductive ElectriPlast material. This technology serves as complement to the companies PolyOne's existing specialty engineered materials portfolio, thus improving automotive engineered polymer portfolio with electriplast conductive long fibre technology.