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Conductive Polymers Market Forecast 2019-2025 Growth Drivers, Regional Outlook

Author : Rahul Varpe | Published Date : 2019-10-01 

Rise in the demand for electronic equipment will drive conductive polymers market share with the need for suitable coating and safe packaging materials that can address electrostatic damages. An electronic device emits electromagnetic frequencies that disturb the frequencies of other devices which can affect their performance and cause damages, resulting in lowering of their lifespan.

Increasing consumption of conductive polymers can be attributed to cost effective and easily processable nature that will help thrust their application scope. These types of polymers have attracted significant interest for their environmental stabilities, electrical properties and several practical applications.

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New innovations will lift the utilization of polymers considerably, for instance, a team at the University of California that is looking to use polymer films to reduce the defects in light observing perovskite cells, promising a lucrative avenue to foster conductive polymers industry share from the solar cells segment.

Growing prevalence of various health conditions that require surgical treatment have paved the way for conductive polymers to be used in the medical device sector. The materials have major applications in the field of neuroprosthetic devices, cardiovascular devices and bioactuators. They have garnered a lot of attention as appropriate matrices of biomolecules that can be used to enhance speed, sensitivity and stability of several biomedical devices. Their ability to induce several cellular mechanisms as well as lower costs will certainly help expand global conductive polymers market size in the coming years.

Metal electrode materials that are used in implantable devices have been known for bad recording performance and long-term stimulation, requiring modifications and coating with conductive polymers that will improve the tissue-electrode interface and increase the lifespan of the implants. This will increase the demand for those implants and in turn augment conductive polymers industry trends over the forecast lifespan.

The Purdue University has developed a glass-like polymer that conducts electricity for flexible and transparent electronics. The polymer film can apparently be produced on a large scale, both sustainably and inexpensively. Purdue University is also involved in the development of new polymer film that creates tailor-made sensors which would help monitor heart rates, glucose levels or other biomedical metrics.

Major investments for the research and development of conductive polymers and exploring their applications have considerably advanced the field of polymers. This has resulted in the innovation of modified versions of these polymers. For instance, over the duration of last few years, researchers delved into other fields while looking into creating new conductive polymers through machine learning. Researchers have apparently discovered a new type of polymer that provides high thermal conductivity and can easily benefit 5G mobile communication technologies.

The rapid development of automotive industry is expected to grow further owing to the increase in the production of automobiles around the world that are equipped with technologies like self-driving systems and artificial intelligence. These will gradually drive the demand for actuators and sensors that use conductive polymer-type materials.

Partial Chapter of the Table of Content:

Chapter 3. Conductive Polymer Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2014 - 2025

3.3.  Industry ecosystem analysis

3.3.1.    Profit margin

3.3.2.    Value addition

3.3.3.    Distribution channel analysis

3.3.4.    Vendor matrix

3.4.  Innovation & sustainability

3.4.1.    Patent analysis

3.4.2.    Future trends

3.5.  Industry impact forces

3.5.1.    Growth drivers

3.5.1.1.    Increasing demand for light weight components

3.5.1.2.    Expanding global semiconductor and electronics industry

3.5.1.3.    Growing U.S. solar power industry

3.5.2.    Industry pitfalls & challenges

3.5.2.1.    High cost of production

3.5.2.2.    Limited penetration of product technology in emerging economies

3.6.  Regulatory landscape

3.6.1.    U.S.

3.6.2.    Europe

3.6.3.    China

3.7.  Growth potential analysis

3.8.  Regional price trends

3.8.1.    Cost structure analysis

3.8.1.1.    R&D cost

3.8.1.2.    Manufacturing & equipment cost

3.8.1.3.    Raw material cost

3.8.1.4.    Distribution cost

3.8.1.5.    Operating cost

3.8.1.6.    Miscellaneous cost

3.8.2.    Price by application

3.9.  Competitive landscape, 2018

3.9.1.    Company market share analysis, 2018

3.9.2.    Key stakeholders

3.9.3.    Strategic dashboard

3.10.    Porter’s analysis

3.10.1.   Supplier power

3.10.2.   Buyer power

3.10.3.   Threat of new entrants

3.10.4.   Industry rivalry

3.10.5.   Threat of substitutes

3.11.     PESTEL analysis

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Rising demand for advanced automobiles in the developing nations will augment the consumption of sensors, reinforcing conductive polymers market outlook. Additionally, there are increasing opportunities from solar applications wherein the product is used to deposit materials to enhance the conduction of electricity.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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