Conductive Polymers Market to Reach USD 11.88 Billion by
From GlobeNewswire: 2024-11-18 09:12:00
The Conductive Polymers Market Size Growth was valued at USD 5.92 Billion in 2023, expected to reach USD 11.88 Billion by 2032, with a CAGR of 8.07% from 2024-2032. Major regions covered include North America, Europe, Middle East & Africa, Latin America, and more. The market is driven by demand for advanced electronics and sustainable solutions, especially in automotive and aerospace industries. Conductive polymers are eco-friendly alternatives for a greener future.
ABS leads the conductive polymers market with a 36.3% demand share in 2023, while inherently conductive polymers (ICPs) are the fastest-growing category from 2024 to 2032. Actuators and sensors dominated the market in 2023 with a 28.3% share, with the solar energy segment projected to see strong growth. Asia Pacific led the market in 2023 with a 48.6% share and is expected to drive growth till 2032, driven by expanding electronics and renewable energy sectors.
Recent developments include Panasonic Industry’s high-capacitance conductive polymer hybrid aluminum electrolytic capacitors for automotive applications, N-ink’s award-winning conductive polymers for IoT technology, and Toray Industries’ advanced ion-conductive polymer membrane for battery efficiency. The Conductive Polymers Market Report offers in-depth analysis, insights, and statistical trends in vehicle production, emission standards compliance, and consumer preferences by region. SNS Insider provides consulting services for Go-To-Market Assessment, Total Addressable Market Assessment, and Competitive Benchmarking.
Read more at GlobeNewswire: Conductive Polymers Market to Reach USD 11.88 Billion by