Global conductive polymers market to register CAGR of 8.4% from 2016 to 2021

20-Sep-16

The market for conventional conductive polymer composites incorporate conductive fillers in an insulative resin to achieve a measure of conductivity. Some of the highlights are
- The global market for electroactive polymers reached 447.3 million lbs in 2015.
- The market is expected to reach 725.8 million lbs by 2021 from 484.9 million lbs in 2016 increasing at a compound annual growth rate (CAGR) of 8.4% from 2016 to 2021.
- Conductive plastics currently dominate the market and are expected to grow from 474.2 million pounds in 2016 to 700.4 million lbs in 2021 at a CAGR of 8.1% for the period 2016-2021.
- Inherently conductive polymers (ICPs) over the next five years will grow from 10.7 million pounds in 2016 to 25.4 million lbs in 2021 at a CAGR of 18.9% for the period 2016-2021.