Home > Chemicals & Materials > Polymers > Industrial Polymers > Conductive Polymers Market

Conductive Polymers Market Trends

Report ID: GMI4205
Published Date: Jun 2024
Report Format: PDF

Download Free Sample

Conductive Polymers Market Trends

The conductive polymers industry is catalyzed by the rising demand in electronics due to the extensive use of these polymers in devices like smartphones, wearables, and automotive electronics. In addition, advancements in energy storage technologies, such as batteries and capacitors utilizing conductive polymers, contribute to market growth. These trends reflect the crucial role of conductive polymers in powering modern electronics and facilitating energy storage solutions for various applications.

For instance, in March 2024, KEMET introduced the pioneering T581 Polymer Tantalum Surface Mount Capacitors, meeting stringent military performance specifications and marking a significant industry advancement.

Authors: Kiran Pulidindi, Ankita Bhutani

Frequently Asked Questions (FAQ) :

Market size for conductive polymers was USD 4.4 billion in 2023 and is expected to register 8.5% CAGR from 2024-2032 owing to the expansion of the renewable energy sector driving demand for conductive polymers in applications like solar panels and energy storage systems worldwide.

Conductive polymers industry from the conducting polymer composites segment is expected to register 8% CAGR from 2024-2032 owing to their superior electrical properties, flexibility, and cost-effectiveness.

North America industry is expected to register 8.6% CAGR from 2024-2032 due to its advanced technological infrastructure and high demand from the electronics, automotive, and healthcare sectors in the region.

3M, Covestro AG, Celanese Corporation, SABIC, Henkel Ag & Co. kGaA, KEMET Corporation, The Lubrizol Corporation, Heraeus Holding GmbH, Westlake Plastics, Kenner Material & System Co. Ltd., RTP Company, and Premix Oy, are some of the major conductive polymers companies worldwide.