The global market for conductive polymers is expected to touch a valuation more than US$ 7,213.2 Mn by the end of 2025 from US$ 3,986.3 Mn in the year 2018. The global conductive polymers market is expected to grow with a healthy CAGR of 7.66% throughout the period of forecast.
Global Conductive Polymers Market: Drivers and Restraints
The growing demand for inexpensive products, high performance, and lightweight products are driving the growth of the conductive polymers market during the anticipated period. Rising investments in the research and development activities and stringent government regulations for controlling the noise pollution, increasing demand for compact and smart electronic components, and increasing growth of electronic industry are some of the factors that are likely to propel the growth of the global conductive polymers market in the years to come.
However, the high cost of raw materials is likely to restrain the growth of the global conductive polymers market during the projected period.
Global Conductive Polymers Market: Forecast by Application
The application segment of the global conductive polymers market is segmented into Antistatic Packaging & Electrostatic Coating, Organic Solar Cells, ESD & EMI Protection, Capacitors, Actuators & Sensors, and Batteries. In the year 2018, the ESD & EMI Protection segment accounted for a consumption share of 31.13%. The Antistatic Packaging & Electrostatic Coating segment is expected to grow with a robust CAGR of 10.13% between 2018 and 2025. Manufacturers are exploring the potential of conductive polymers in organic solar cells. In recent years, the use of conductive polymers in organic solar cell products has gained increasing attention in actuators, energy equipment, and electronic devices.
Global Conductive Polymers Market: Forecast by Form
On the basis of form, the market is segmented into Thermally Conducting Polymers, and Electrically Conducting Polymers. In terms of value, the demand for Thermally Conducting Polymers is the highest and is expected to remain same in the global Conductive Polymers market. Thermally Conducting Polymers segment is likely to create an absolute $ opportunity of US$ 273.9 Mn throughout the predicted period.
Global Conductive Polymers Market: Forecast by Region
North America, Europe, Japan, China, India, and South East Asia are the six regions that are included in this report. In terms of value, North America is the dominant region in the global conductive polymers market. The revenue from North America region was valued at US$ 1,891.4 Mn in the year 2018.
Global Conductive Polymers Market: Key Takeaways
The key differentiation strategy is to expand distribution channels such as third-party online channel, independent sports outlet, direct to customer online channel, franchised sports outlet, direct to customer institutional channel, and modern trade channel
Global Conductive Polymers Market: Key Players
The key companies operating into the global conductive polymers market are Westlake Plastics Co., 3M, Kenner Material & System, RTP Company, DOW & Dupont, Parker Hannifin, Sabic, Merck Kgaa, Sumitomo Chemical, Rieke Metals Inc., Premix OY, Celanese, Heraeus Group, PolyOne Corporation, The Lubrizol Corporation, and Covestro.
Parker-Hannifin Corp. is expected to post its earnings of $3.00 per Share
According to Zacks Investment Research, Parker-Hannifin Corp will post their $3.00 earnings per share for the present quarter. The company posts its earnings of $2.80 per share in the same quarter of the previous year. This makes a positive year-on-year growth of 7.1%. The firm is scheduled to report its quarterly earnings on April 25, 2019. The firm will report its full-year earnings of $11.65 per share for the present financial year, with earnings per share reaching $11.75 from $11.55. For the next financial year, the analyst expects that the firm will post its earnings of $12.42 per share, with earnings per share estimated to reach $12.73 from $12.10.
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