Conductive Polymers Market Is Likely To Up Demand At A USD 9.03 Billion By 2030

San Francisco, 25 Sep 2024: The Report Conductive Polymers Market Size, Share & Trends Analysis Report By Product (ABS, Polyphenylene-based Resins, Polycarbonates, ICP), By Application (Actuators & Sensors, Solar Energy), By Region, And Segment Forecasts, 2024 - 2030

The global conductive polymers market size is expected to reach USD 9.03 billion by 2030, registering a CAGR of 8.6% during the forecast period, according to a new report by Grand View Research, Inc. Rising awareness towards antistatic packaging as a protection medium for electronic devices and appliances is projected to fuel the demand for conductive polymers. Favorable outlook towards the electronics industry in China, Japan, South Korea and Singapore as a result of new product launches including smartphones by market players such as Samsung and LG is expected to have a significant impact on growth over the forecast period.

The solar energy segment is expected to grow exponentially at a CAGR of 11.2% during the forecast period. The rising adoption of solar panels globally fueled the demand for conductive polymers.

Access Research Report of Conductive Polymers Market @ https://www.grandviewresearch.com/industry-analysis/global-conductive-polymers-market

Conductive Polymers Market Report Highlights

  • The Acrylonitrile-Butadiene-Styrene (ABS) segment accounted for the largest market share, with 34.3% in 2023, owing to its excellent mechanical properties, such as high tensile strength and impact resistance.
  • Europe conductive polymer market led the market with 18.0% of the share in 2023, owing to the region's increasing emphasis on environmentally sustainable solutions.
  • Technological innovation in the electronics sector significantly propelled the U.S. conductive polymer market, including smartphones, wearables, and automotive electronics.

Conductive Polymers Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 5.50 billion

Revenue forecast in 2030

USD 9.03 billion

Growth rate

CAGR of 8.6% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

List of Key Players in the Conductive Polymers Market

  • 3M
  • Solvay
  • SABIC
  • PolyOne Corporation
  • Lehmann&Voss&Co.
  • RTP Company
  • Parker Hannifin
  • Sumitomo Chemical
  • Premix OY
  • Heraeus Group
  • The Lubrizol Corporation
  • Covestro

Access Press Release of Conductive Polymers Market @ https://www.grandviewresearch.com/press-release/conductive-polymers-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

 

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