LONDON--(EON: Enhanced Online News)--According to the latest market study released by Technavio, the global conductive polymers market is projected to grow to USD 7,048 million by 2021, at a CAGR of more than 9% over the forecast period.
“The global conductive polymers market by polyphenylene-based resin was estimated to reach USD 1,098 million by 2021. The market segment is projected to showcase significant growth, at a CAGR of almost 9% over the forecast period”
This research report titled ‘Global Conductive Polymers Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
|Any polymer system that has an additive capable of lowering resistivity is known as a conductive polymer. The rapid penetration of touch screens in the hand-held market is a product differentiator. This increase in demand for touchscreen smartphones will help in boosting the global conductive polymers market.|
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Based on resin type, the report categorizes the global conductive polymers market into the following segments:
- Acrylonitrile butadiene styrene (ABS) resin
- Polyvinyl chloride (PVC) resin
- Polyphenylene-based resin
- Polycarbonate resin
- Other resins
The top three revenue-generating resin segments in the global conductive polymers market are discussed below:
Acrylonitrile butadiene styrene (ABS) resin
“ABS resins are the most popular resins of the conductive polymers market, generating almost 23% of the overall revenue. The unique characteristics of ABS include impact resistance, machinability, chemical resistance, and easy to glue and paint,” says Mahitha Mallishetty, a lead analyst at Technavio for plastics, polymers, and elastomers research.
Acrylonitrile butadiene styrene is a thermoplastic polymer that is usually synthesized through emulsion polymerization. ABS is widely used in applications that require superlative surface quality such as domestic appliances, pipes and fittings, electroplatable automotive interiors, covers, support blocks, structural components, housings, and exterior trims.
Polyvinyl chloride (PVC) resin
The PVC resin segment is the second largest revenue generator for the conductive polymers market, and projected to be worth USD 1,355 million by 2021. PVC is the most commonly available and versatile thermoplastic that can be used alone or in blends with other polymers. The PVC resins segment is expected to grow rapidly over the forecast period due to their cost-effective, easy to process, and flexible nature. PVC is also used as the base polymer for carrying out studies on proton-conducting films with application in proton electrochemical cells.
“The global conductive polymers market by polyphenylene-based resin was estimated to reach USD 1,098 million by 2021. The market segment is projected to showcase significant growth, at a CAGR of almost 9% over the forecast period,” says Mahitha.
Polyphenylene-based resins such as polyphenylene oxide, polyphenylene sulfide, and polyphenylene ether are widely adopted in the conducting polymer market due to their greater temperature and chemical resistance. They are highly preferred for taxing and intricate automotive applications such as motor vehicle component manufacture.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Agfa-Gevaert Group
- Celanese Corporation
- PARKER HANNIFIN
Browse Related Reports:
- Global Electroactive Polymers Market 2017-2021
- Global Polymer Foam Market 2017-2021
- Global Butadiene and its Derivatives Market 2017-2021
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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