Conductive Polymers: Technologies and Global Markets
The global market for electroactive polymers reached 447.3 million pounds in 2015. The market is expected to reach 725.8 million pounds by 2021 from 484.9 million pounds in 2016 increasing at a compound annual growth rate (CAGR) of 8.4% from 2016 to 2021.
- An overview of the global markets for conductive polymers.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Analyses of potential applications for these materials such as electrostatic dissipation (ESD) control, light emitting displays, capacitors, electrostatic paintable plastics, antistatic packaging, corrosion-resistant paints/coatings and others.
- Evaluation of the markets dynamics, specifically growth drivers, restraints, and opportunities.
- Profiles of major players in the industry.
SCOPE OF THE STUDY
The scope of this study encompasses both ICPs and conductive polymer composites, both in applications where the two types of conductive polymers compete as well as ICP markets independent of traditional conductive plastics. Applications in which the two types of conductive polymers compete include ESD/antistatic packaging and electrostatic spray painting, as well as other applications. Unique ICP applications include batteries, transistors, light-emitting diodes (LEDs), capacitors, corrosion-resistant coating products, membranes and sensors, among others.
Market data are presented in value as well as volume terms. Estimating the volume consumed of ICPs such as polythiophenes, polyanilines, or polypyrroles is difficult. The difficulty arises because these materials are usually not used as solids or liquids in the “neat” form, except for several types of films or “pastes.” Polythiophenes, for example, are mostly sold in very dilute solutions (less than 5% concentration), while polyanilines are often used as 25% emulsions. ICP “volumes,” therefore, are almost always reported by weight as dilute solutions or emulsions and overall global estimates derived from various suppliers, the trade press, or reports vary by several hundred percent. ICP suppliers are usually unwilling to provide even the broadest estimates because of the wide disparity of concentrations of the ICPs along with the proprietary nature of this information.
The market data presented are global in scope. Further segmentation into major geographic areas was not feasible.
The original report on which this update is based was prepared by Mel Schlechter. Mr. Schlechter has more than 40 years in the chemical industry, and specializes in plastics market research. He has been with BCC Research for more than 10 years and holds a B.S. in chemistry, an M.S. in organic chemistry, and an M.B.A. in marketing.
The analyst responsible for updating the report is Andrew McWilliams, a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel LLC. Mr. McWilliams is the author of numerous other BCC studies of advanced materials and their applications, including; Electrostatic Discharge Technologies (PLS006E); Global Markets for Nanocomposites, Nanoparticles, Nanoclays, and Nanotubes (NAN021F); Advanced Materials for Displays: Technologies and Global Markets (SMC033E); Graphene: Technologies, Applications and Markets (AVM075D; New Electronic Materials and Device Technologies: Global Markets (AVM078A); and Metamaterials: Technologies and Global Markets (AVM067D).