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.
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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.
Grand View Research has segmented the global conductive polymers market based on product, application, and region:
Conductive Polymers Product Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
ABS
Polyphenylene-based Resins
Polycarbonates
Inherently Conductive Polymers (ICP)
Nylon
Others
Conductive Polymers Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
Actuators & Sensors
Anti-static Packaging
Batteries
Capacitors
Solar Energy
Others
Conductive Polymers Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Sweden
Norway
Denmark
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Vietnam
Latin America
Brazil
Argentina
Middle East and Africa (MEA)
UAE
Saudi Arabia
South Africa
Kuwait
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
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