Conductive Plastic Compounds Market: Key Highlights
·
The
global conductive plastic compounds market was
valued at ~US$ 8.5 Bn in 2018, and is anticipated to
expand at a CAGR of ~11% during the forecast period.
·
Conductive
plastic compound manufacturers and plastic converters are focusing on
developing products through stable, resource-saving, and energy-efficient
processes. Increase in product development programs among compound
manufacturers and rise in research & patent activities regarding filler
materials among institutes and universities are estimated to propel the demand
for conductive plastic compounds in the near future.
Key Drivers of Conductive Plastic Compounds Market
·
Conductive
plastic compounds play a vital role in the manufacture and assembly of
electrical and electronic devices. They offer reliability to applications that
require protection from electrostatic discharge, dissipation of static charges,
and effective thermal management. Products manufactured from conductive plastic
compounds are lightweight, recyclable, and protect against damage to
dissipation of static charge in electronic applications. Injection molded and
extruded conductive plastic compounds possess exceptional electrical properties
that span the surface resistivity spectrum from 100 ohm/sq to 1012 ohm/sq. High
usage of conductive plastic compounds in the electrical & electronics
industry is expected to boost the demand for conductive plastic compounds in
the near future.
Request PDF brochure
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=74274
·
Conductive
plastic compounds are also employed in electronics processing and packaging,
industrial safety, automotive, and aerospace industries. Rise in the usage of
conductive plastic compounds in several end-use industries due to their
exceptional attributes is estimated to drive the global conductive plastic
compounds market during the forecast period.
Carbon Nanotubes to Offer Lucrative Opportunities
·
In terms
of filler, carbon nanotubes was a highly attractive segment of the global
conductive plastic compounds market in 2018. The segment is
projected to maintain its attractiveness during the forecast period, led by the
rise in the demand for carbon nanotubes in the automotive and aerospace
sectors, owing to their exceptional thermal and electrical properties.
More Trending Reports
Risks Associated with Plastic Waste Management
Likely to Hamper Market
·
Polymer-based
conductive plastics account for a large share of the total conductive plastics
produced and sold around the world. These are not readily bio-degradable. Thus,
these plastics are hazardous to the environment.
·
Rise in
plastic waste around the world is likely to be a significant factor restraining
the global conductive plastic compounds market during the forecast period.
·
The
European Union has banned plastic landfills in Switzerland, Austria, the
Netherlands, Germany, and Sweden. This is anticipated to hamper the plastic
industry in these countries.
Buy Now
https://www.transparencymarketresearch.com/checkout.php?rep_id=74274<ype=S
Asia Pacific Prominent Conductive Plastic Compounds
Market
·
Based on
region, the global conductive plastic compounds market has been segmented into
North America, Europe, Asia Pacific, Latin America, and the Middle East &
Africa.
·
In terms
of revenue, Asia Pacific led the global conductive plastic compounds market
in 2018. China is a major manufacturing hub of the electronics
industry. The country constituted a prominent share of the market in the region
in 2018, owing to the high rate of adoption of conductive plastic
compounds in electrical & electronic applications. Prominent players are
focusing on expanding their production facilities in Asia Pacific to cater to
the rising demand for conductive plastic compounds in several end-use
industries in the region.
·
The
conductive plastic compounds markets in North America and Europe are projected
to expand at a moderate pace during the forecast period. Advancements in
research & development activities among universities and compound
manufacturers in North America and Europe are likely to drive the conductive
plastic compounds market in these regions.
Request Discount
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=74274
Top Five Players Account for Key Share of Market
·
Prominent
players operating in the global conductive plastic compounds market are BASF
SE, RTP Company, LyondellBasell Industries Holdings B.V., Mexichem Specialty
Compounds Inc., SABIC, DowDuPont Inc., Coperion K Tron, Adell Plastics, Inc,
Sojitz Corporation, Ravago, Polyvisions Inc, and A.Schulman.
·
The
global conductive plastic compounds market is moderately fragmented and highly
competitive. Major companies focus on research & development activities
pertaining to electrically- and thermally-conductive plastic compounds. Ongoing
research & development activities in conductive plastic compounds are
expected to drive the market in the near future.
Comments
Post a Comment