Press release
Conductive Polymers (CPs) Market Size to Boost USD 7.73 Billion By 2032 | CAGR 8.0% - Published by Emergen Research
Conductive Polymers (CPs) Market
Inherently Conductive Polymers (ICPs) are specialty polymers, which are lightweight, corrosion resistant, and easy to process, that conduct electricity without the use of metallic additives. These polymers also provide low cost and convenient molecular modification adaptability. In addition, recent advancement of graphene enhanced polymer is due to large surface area, high electrical conductivity, and facile manufacturing methods is another key factor driving revenue growth of the market. CPs also provide reduced costs, better safety and reliability, sustainability, and high pseudo capacitance, due to which these can be used in supercapacitors and in aerospace, automotive, sports, marine, biomedical and energy industries.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Conductive Polymers (CPs) Market :
Several factors contribute to the growth of the Conductive Polymers Market. One key driver is the expanding electronics industry, which requires conductive polymers for applications such as printed circuit boards (PCBs), sensors, and displays. The trend towards miniaturization and wearable electronics further amplifies the demand for lightweight and flexible materials with excellent electrical conductivity. Additionally, the growing adoption of electric vehicles (EVs) and renewable energy technologies drives the need for conductive polymers in battery electrodes and energy storage devices.
Restraints and Challenges
Despite its growth prospects, the Conductive Polymers Market faces certain challenges. One significant restraint is the limited conductivity and stability of some conductive polymer materials, which may hinder their performance in high-power applications or harsh environmental conditions. Moreover, the complexity of synthesis and processing techniques for conductive polymers can result in higher production costs, limiting their widespread adoption, particularly in price-sensitive markets.
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The report also discusses the key players involved in the market such as:
Heraeus Holding, 3M, SABIC, Solvay, KEMET Corporation, Celanese Corporation, Covestro AG, Hyperion Catalysis International, DuPont, Eastman Chemical Company, PolyJoule, Inc., Merck KGaA, Lehmann&Voss&Co., The Lubrizol Corporation, Rieke Metals, LLC, American Dye Source, Inc., Agfa-Gevaert Group, Avient Corporation, Westlake Plastics, and RTP Company.
The report provides a thorough estimation of the overall impact of the pandemic on the Conductive Polymers (CPs) Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Conductive Polymers (CPs) Market
Conductive Polymers (CPs) Latest Industry News
On 1 November 2022, Celanese Corporation, a multinational chemical and specialty materials firm announced the acquisition of the bulk of DuPont's Mobility & Materials (M&M) business. Celanese acquired a diverse portfolio of engineered thermoplastics and elastomers, industry-leading brands and intellectual property, worldwide manufacturing assets, and a world-class organization as a part of the purchase.
On 19 August 2022, Panasonic, a global pioneer in Capacitor Products announced the launch of a New EEF-KX Series surface mount specialty CP aluminum electrolytic capacitors with a high endurance of 5,500 hours at 125°C. This allows its usage in applications requiring unusually long life. The EEF-KX Series provides innovative high-temperature long-life parts by utilizing Panasonic's patented CP forming and manufacturing process technology.
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Conductive Polymers (CPs) Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global Conductive Polymers (CPs) market on the basis of conduction mechanism, type, application, product, and region:
Conduction Mechanism Outlook (Revenue, USD Billion; 2019-2032)
CP Composites
Inherently Conductive Polymers
Type Outlook (Revenue, USD Billion; 2019-2032)
Electrically Conductive
Thermally Conductive
Application Outlook (Revenue, USD Billion; 2019-2032)
Capacitors
Actuators & Sensors
Batteries
Solar Cells
Electroluminescence
Printed Circuit Board
Others
Product Outlook (Revenue, USD Billion; 2019-2032)
Acrylonitrile-Butadiene-Styrene (ABS)
Polycarbonates
Polyphenylene-Polymer (PPP) based Resins
Nylon
Inherently Conductive Polymers (ICP)
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
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