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Conductive Polymer Market

P&S Market Research-Conductive Polymer Market report

Global Conductive Polymer Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Application (ESD & EMI Protection, Actuators, Antistatic Packaging, Sensor, Capacitors, Batteries, Solar Cells, Others), by Type (Polyaniline, Inherent Conductive Polymer, Polyphenylene Based Resin, Others)

Published: February 2017
Report Code: CM10698
Available Format: pdf
Pages: 129

Market Overview

Conductive polymers (CPs) are a new class of electronic materials, which have been widely adopted ever since their discovery. Conductive polymer has many advantages as compared to non-conductive polymer, which is primarily due to its electronic and optic properties. Properties of conductive polymers include dimensional stability, flexibility, chemical resistance, and strength. Conductive polymers are used in artificial muscles, fabrication of electronic device, solar energy conversion, rechargeable batteries, and sensors. Conductive polymers are also used in the production of light emitting diode (LED) based backlight displays of cell phones and television screens as thin conducting layers between two electrodes.

The photovoltaic industry is a growing market for conductive polymers, as these polymers are an efficient alternative to silicon. The use of conductive polymers for protection of metals against corrosion has gained huge attention during the past few years. The design and development of conductive polymer-based coating systems with commercial viability is expected with the use of nanotechnology and has received substantial attention. Conductive polymer also finds its use in a number of biological and medical applications.

Market Dynamics

The global conductive polymer market is expected to witness a CAGR of 10.7% during the forecast period to reach $8,462.2 million by 2022. The key drivers supporting the growth of the market include the increasing use of lightweight and high-performance smart materials. Based on product, the polyaniline segment is expected to be the largest segment of the global conductive polymer market during the forecast period, in terms of volume and value. However, the inherent conductive polymer is expected to witness the highest growth, during the forecast period in terms of value.

Conductive Polymer Market


The key trends witnessed in the global conductive polymer market include increasing investments in intelligent materials and development of electrochemistry. With the advent of globalization, urbanization and economic change, the demand for intelligent materials is increasing. Intelligent or 'smart' materials are materials whose properties, such as electromagnetic, mechanical, chemical, optical etc., can be altered to attain a certain specification for a particular function. These materials are used in making various products and applications for industries related to automotive, pharmaceutical, technology and consumer goods. Companies all across the globe are investing in research and development (R&D) to meet the growing demand for newer and innovative products. Conductive polymer offers a large scope for developing advanced products for the medical and technology sectors. Therefore, the global trend of investing on development of new and smart materials is facilitating growth in adoption of conductive polymer.

Growth Drivers

The factors driving the growth of the conductive polymer market are increasing use of lightweight and high-performance smart materials, growing demand in a wide range of applications, rapid industrialization, and growing economy of developing Asian countries. Conductive material as smart material is used in making various products and applications for industries related to automotive, pharmaceutical, technology and consumer goods. Conductive polymer offers a large scope for developing advanced products to meet the specifications. Nowadays, there is high demand for flexible and wearable electronics, displays and other flexible organic semiconductors. Companies from across the globe are investing in research and development (R&D) to meet the growing demand of lightweight, high-performance smart materials. This has led to a great demand for conductive polymers, hence adding to its market growth.

Competitive Landscape

Some of the key players in the global market include The Dow Chemical Company, Solvay S.A., RTP Company, 3M Company, The Lubrizol Corporation, Henkel AG & Co. KGaA, and Saudi Basic Industries Corporation.

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