Conducting Polymers Market worth $9.6 billion by 2028 – At a CAGR of 8.8%

The According to a market research report, the “Conducting Polymers Market by Type (Electrically Conductive, Thermally Conductive) application( ESD/EMI Shielding, Antistatic Packaging, Electrostatic Coating, Capacitor), and Region(APAC, Europe, North America, MEA) – Global Forecast to 2028″, is projected to reach USD 9.6 billion by 2028, at a CAGR of 8.8% from USD 6.3 billion in 2023. The conducting polymer market is mainly driven by the demand for conducting polymer  in various end-use industries, including medical, electronics and automobile coupled with the development of smart structures. Moreover, it is also driven by rapidly developing and emerging economies such as India and China.

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• 249 Market data Tables
• 36 Figures
• 235 Pages and in-depth TOC on “Conducting Polymers Market – Global Forecast to 2028”

This report also provides a comprehensive analysis of the companies listed below:

The major Players in cosmetic preservatives Market include Saudi Arabia Basic Industries Corporation( Saudi Arabia), Henkel AG & Co. KGaA (Germany) , 3M (US), Agfa- Gevaert NV (Belgium), Celanese Corporation (US), Covestro AG (Germany),Heraeus Holding GMBH (Germany), Avient Corporation (US), Solvay SA (Belgium), The Lubrizol Corporation (US) are the leading manufacturers and service provider of conducting polymers.

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the conducting polymers market.

Recent Developments in Conducting Polymers Market Industry

• In 2022 Celanese Corporation acquired significant portion of DuPont’s Mobility and Materials business to expand its product portfolio.
• In  2023 Henkel AG&Co KgaA announced its partnership with Imakr to provide industrial customers in UK and Ireland with its companys Loctite 3D printing product portfolio.
• In January 2020, Heraeus Holding GMBH announced its partnership with Myant Inc to jointly develop a solution utilizing the company’s Tecticoat coating for electrical sensing applications in textiles.
• In September 2022, Saudi Arabia Basic Industries Corporation partnered with Conventus Polymers, it assigned it as a authorized distributor of its high performance engineering thermoplastics in North America.
• In March 2022, Slovay SA announced its partnership with Mitsubishi Chemicals Advanced Materials and collaborated on a sustainable initiative in regards to Solvays Udel high performance polysulfone thermoplastics.

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Thermally Conductive type is projected to grow at fastest CAGR, in terms of value, during the forecast period.

Thermally Conductive is projected to be the fastest-growing segment in the global conducting polymers market by type, in terms of value, during the forecast period. Thermally conducting polymers are modified engineering and commodity plastics. They can transfer heat and at the same time be electrically conducting and insulating. These plastics play a significant role in the technological advancements in microelectronics.

North America is expected to be the largest market for conducting polymers during the forecast period, in terms of value.

North American countries are registering high growth, and the trend is projected to continue during the forecast period. Developed economies such as US and Canada are investing in various industrial developments driving the conducting polymer market. Moreover, the increasing demand in electronics and automobile industry in these countries is driving the demand for conducting polymers which is an important component in these industries.Conducting polymers are offering unique properties such as electrical conductivity, flexibility, and ease of processing, which makes them highly valuable for a range of applications.

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