Technical Papers Plastics
Conductive polymers market to grow at a healthy rate to 245,000 tons by 2015 in USA

Conductive polymers market to grow at a healthy rate to 245,000 tons by 2015 in USA

The US market for conductive polymers is forecast to reach 240.5 thousand tons by 2015. Factors driving market growth include increasing acceptance of conductive polymers in automobile and diesel sectors, and growing demand for high-performance, lightweight, and low cost materials for electrical and electronics product components and devices, as per a report by Global Industry Analysts, Inc. Global economic recession negatively impacted the US conductive polymers market during 2008 and 2009. The recession curtailed market growth in various end-use segments including product components, antistatic packaging, material handling, and work surface and flooring, thereby resulting in decline in market revenues during the period. However, the market is poised to recover and register a noticeable growth in 2010, which is expected to continue in the following years. Conductive polymers market is expected to grow at a healthy rate due to various advantages offered by these electricity-conducting plastics. Lightweight, easy fabrication, low cost and high resistance to heat is driving the growth of conductive polymers market in the United States. Rising demand for high performance and low cost materials for electrical and electronics product components and devices are likely to augment the conductive polymers utilization by the electronics industry. In addition, the increased utilization of conductive polymers in electronic devices is expected to boost the market for conductive polymers. Growing interests in conductive polymers filled with Fiber for use in material handling, antistatic packaging, and work surface and flooring are also expected to further spike sales of conductive polymers.
Acrylonitrile Butadiene Styrene (ABS) segment constitutes the largest resin type in the US conductive polymers market. Growing demand for organic light emitting diodes (LEDs) is driving the growth of inherently conductive polymers over the last few years. Demand for inherently conductive polymers is poised to register a CAGR of more than 6% over the analysis period. In terms of end-use applications, Product Components category represents the largest end-use segment of conductive polymers. Antistatic Packaging represents the fastest growing end-use segment of conductive polymers. Demand for conductive polymers in antistatic packaging end-use is projected to register a CAGR of 3.5% over the analysis period. Demand for conducting polymeric materials is expected to grow appreciably due to increasing use of polymers in automobile and diesel industries. The extensive use of the materials that include nylon, polyphenylene and polypyrrole is fueling the growth of conductive polymers market. These polymeric materials are applied in fan blades, surge tanks and connectors. Demand for polymeric materials is rising at a robust rate in chemical industry due to better performance, high resistance to chemicals, thermal properties, less weight and low costs. These performance polymeric materials have become a part and parcel of diesel and automobile industry in the US.
Major players profiled in the report include 3M Company, Cabot Corporation, Chevron Phillips Chemical Company LLC, Crosslink, Cytec Industries Inc., Eastman Chemical Company, Ferro Corporation, Fortron Industries LLC, Fractal Systems Inc., Hyperion Catalysis International Inc., Illinois Tool Works Inc., KEMET Corporation, Konarka Technologies Inc., Littelfuse Incorporated, Lubrizol Advanced Materials Inc., National Starch and Chemical Company, Phillips Sumika Polypropylene Company, PolyOne Corporation, Solutia Incorporated, Spartech Corporation, Sterling Fibers Inc., Synthetic Rubber Technologies Inc., and The Dow Chemical Company.
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