NEW YORK, July 6, 2016 /PRNewswire/ --
According to market research titled "Global Conductive Polymer Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Application (Antistatic Packaging, Electrostatic Discharge (ESD) & Electromagnetic Interference (EMI) Protection, Capacitors, Actuators, Sensor, Batteries, Solar Cells, Others) by Type (Inherent Conductive Polymer, Polyaniline, Polyphenylene Based Resin, Others)" by P&S Market Research, the global conductive polymer market was valued at $4.1 billion in 2015, and it is expected to grow at a CAGR of 10.7% during 2016 - 2022.
The major factors driving the growth of the market include the growing demand for lightweight, high performance and flexible products. The rapid evolution in technologies, such as carbon nanotubes, stimulants miniaturization, dimensional stability and others tend to drive the growth of the market during the forecast period. Furthermore, the various applications of conductive polymers include manufacturing of printed circuit boards, light emitting diode based (LED), biomimetic technology are expected to create significant growth opportunities in the global market. Asia-Pacific was the fastest growing region in the global conductive polymer market in 2015. The growth in the region is attributed to the growing economies and increasing demand for batteries and sensors for automotive industry.
Explore Full Report at: https://www.psmarketresearch.com/market-analysis/conductive-polymer-market
Among the various applications, the batteries segment is expected to witness the fastest growth at a CAGR of 12.7%. North America was the largest market for conductive polymer, and accounted for over 64% market share in the global market in 2015. The emerging technologies for use of smart material and its wide application in the industries such as robotics, automotive, optics, medical and others are the key factors propelling the growth of the market in North America.
Based on application, the global conductive polymer market has been segmented into Antistatic Packaging, Electrostatic Discharge (ESD) & Electromagnetic Interference (EMI) Protection, Capacitors, Actuators, Sensor, Batteries, Solar Cells and Others. The ESD & EMI segment held the largest share in the global conductive polymer market in 2015. The major factors driving the growth of the ESD & EMI segment is the increasing application in electronics market.
Browse Related Research at: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
In 2015, Europe held the second largest share in the global conductive polymer market with 19.6% share, in terms of volume consumption. The growing application of conductive polymer in shape shifting electronics, molecular electronics and automotive sector are promoting the adoption of conductive polymer in the region. The growing technological advancements, along with increasing need for advanced material in developing regions such as Asia-Pacific and Latin America are projected to boost the demand of conductive polymer products.
Some of the major competitors in the global conductive polymer market include Enthone Inc., Bayer AG, The Dow Chemical Company, Kenner Material & System Co. Ltd., The Lubrizol Corporation, Henkel Electronics, Nano Markets LLC, Voltaic Coatings, ID Tech EX, AnCatt Inc., among others.
GLOBAL CONDUCTIVE POLYMER MARKET SEGMENTATION
- Antistatic Packaging
- ESD & EMI Protection
- Solar Cells
- Inherently Conductive Polymer
- Polyphenylene Based Resin
- North America
- Rest of North America
- Rest Of Europe
- Rest of Asia-Pacific
- Rest of the World
More Reports by P&S Market Research
Nanochemicals Market - https://www.psmarketresearch.com/market-analysis/nanochemicals-market
Fluoropolymer Materials Market - https://www.psmarketresearch.com/market-analysis/fluoropolymer-materials-market
Chlorobenzene Market - https://www.psmarketresearch.com/market-analysis/chlorobenzene-market
About P&S Market Research:
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Assistant - Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
SOURCE P&S Market Research