The report provides analysis of global conductive plastic compounds market for the period 2016-2026, wherein 2019 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global conductive plastic compounds market is expected to grow at noteworthy CAGR around 10 % throughout the forecast period and reach around US$ 12 billion by 2026. Leading plastic compounds are compounds of electricity-driving organic polymers. They are also called polymer compounds that conduct intrinsically. Conducting plastic compounds are cost-effective and reliable for applications requiring electrostatic discharge control, explosive atmosphere and electromagnetic interference protection. These compounds are used mainly in metal substitution solutions, sensors, heating elements, air purification systems and dust removal. It is also used to avoid electrostatic attraction. Plastic conductive compounds can be recycled. They have features such as quick processing and are cost-effective. Plastic conductivity compounds may be extruded or injected into desired forms and sizes.
In the modern electronics industry, electrically conductive compounds play an essential role. They provide critical protection against uncontrolled static accumulation and discharge and protection against EMI/RFI (electromagnetic interference) interference. In the fields of alternative power production and storage, they are also applied. Conductive plastic compounds are generally used in the electrical & electronics industry. These compounds are used in a broad variety of applications for anti-static and electromagnetic protection. The addition of common fillers such as carbon black, graphite, metal fibres, flakes and carbon fibres, developed thermally and electrically conductive plastic compounds. Conductive plastic compounds consist of high content of conductive fillers with high degree of electrical conductivity. These plastic conductive compounds provide adjustable power conductivity. They are light in weight and are well processed. They are also friendly and cost-effective for mass production. Electrical and electronic products in a number of end-use industries have recently gained in importance.
A growing popularity for miniaturization is boosting the need for high-quality electrical and electro components especially in electronics, electrical engineering, communication and automotive engineering. The demand for conductive plastic compounds is projected to rise in the production of such high-quality electrical and electronic components. Due to its exceptional physical properties, there is high demand for conductive plastic compounds that contain nanofillers such as carbon nanotubes. The development of the products involves stable, resource saving and energy-efficient processes for plastic compounds and plastic converters. The recent trend in the leading polymers market is the increasing use of these polymers in smart material production. Intelligent materials are those materials which, according to their specific function, may be altered in accordance with their properties (electromagnetic, mechanical, chemical, optical etc.) respectively. The smartest, optical, physico-mechanical and electrical properties that are produced using these polymers are easily alterable. Such materials are more and more used to produce artificial muscles and also other medical prostheses that use the ability to modify the shape and dimension of these polymers. Conductive plastic compounds based on carbon nanotubes provide reliability for applications requiring electrostatic discharge protection, dissipation of static charges and efficient thermal management. Conductive plastic compounds based on carbon nanotubes, due to their electrical and thermal conduction characteristics, are mainly used in heat exchangers and pipes. In the electrical and electronics sector, high use of conductive plastic compounds will likely propel the leading plastic compound market in the forecast timeframe. The physical and chemical proprieties of conductive plastic compounds are estimated to affect advances in filler materials technology. The development of product development and production processes is expected to encourage government initiatives and research programs on conductive plastic compounds. The awareness among electrical and electronic components manufacturers of filler material and application of filler material technology is expected to increase the demand for plastic conductivity. The product development programs between manufacturers of plastic conductive compound and to research and patent activities among institute and university are expected to increase in the near future.
Conductive Plastic Compounds Market- Regional Insights
Asia Pacific is an important part of the worldwide plastic conductive compound market, with a significant market share. The growing adoption of conductive plastic compounds in electrical applications is one of China's main consumers of conductive plastic compounds. The country is also one of the leading manufacturers of plastic leading compounds. The marketing of leading plastic compounds in Asia Pacific should be driven by the presence of big electrical and electronic component manufacturers and various small domestic manufacturers of plastic compound in that region. The transition to East Asia from the western hemisphere of production capabilities of electrical components and electronic devices is expected to boost demand for leading plastic compounds. Moreover, in several end-use industries in this region, plastic compounders expand their production facilities to meet the growing demand for conducting plastics compounds. The rapid industrialization and expansion of production sites with electric and electronic components are planned to propel demand for conductive plastics in India, South Korea, Thailand and Vietnam. The impact of ongoing research and development activities in North America and Europe between universities and plastic converters is high. Consequently, in North America and Europe, the market for conducting plastic compounds is likely to expand rapidly during the predicted period.
Global Conductive Plastic Compounds Market, by Resin Type
Global Conductive Plastic Compounds Market, by Filler Type
Global Conductive Plastic Compounds Market, by End-user Industry
Global Conductive plastic compounds Market, by Geography
The market research study on “Conductive Plastic Compounds Market (By Resin Type: Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Engineering Plastics [Polyamide, Polycarbonate, Polyethylene Terephthalate, Acrylonitrile Butadiene Styrene, Polybutylene Terephthalate, Others (including Polyoxymethylene Plastic, Polyphenylene Sulfide, Polysulfone, Polytetrafluoroethylene)], Thermoplastic, Elastomers, Bio-plastics, Others (including High Impact Polystyrene and Polyvinylidene Fluoride); By Filler Type: Carbon Black, Carbon Fibers, Carbon Nanotubes, Metals, Others (including Graphite); By End-user Industry: Automotive & Transportation, Electrical & Electronics, Building & Construction, Consumer Goods & Appliances, Industrial Applications, Medical, Others (including Packaging, Petrochemical, and Mining)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global conductive plastic compounds market segments with market dynamics and their impact. The report provides insights on global Conductive plastic compounds market by resin type, by filler type, by end use industry and major geographic regions. The report also covers basic technology development policies.
The report offers an overview of the market and statistical diagrams to support the expected figures. Our analysts predict the market scope and future prospects in an insightful way. The Acumen Research and Consulting report contains a comprehensive analysis of the global market in conductive plastic compounds segmented. The report outlines numerous growth strategies implemented by companies as well as the latest market trends. The market share and current position of all leading players are discussed in detail. It analyzes players ' new revenue sources and highlights the different strategies.
Key Players and Strategies
The conductive plastic compounds market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are BASF SE, LyondellBasell Industries Holdings B.V., DowDuPont Inc., RTP Company, Ravago, Mexichem Specialty Compounds Inc., Adell Plastics, Inc, Polyvisions Inc, Coperion K Tron, Sojitz Corporation, SABIC and A.Schulman.
With the attendance of many small and medium-sized manufacturers, the market is fragmented. The strong presence of local manufacturers and suppliers is one of the main reasons for market fragmentation. In addition, companies focus on product adaptation, strategic partnerships and new customer acquisitions to gain more market shares.
A thorough study of the global conductive plastic compounds market is provided in a ARC report, while a rich analysis of the situation in the market is carried out, focusing on their drivers, opportunities, restrictions and trends. The report examines the outcome of the product in the industries and applications concerned. The global reports provide comprehensive data on procedures which current market vendors might try to gain momentum alongside an examination of new players ' entry points.