PUBLISHER: Grand View Research | PRODUCT CODE: 1575067
PUBLISHER: Grand View Research | PRODUCT CODE: 1575067
The global conductive polymers market size is expected to reach USD 9.03 billion by 2030, registering a CAGR of 8.6% during the forecast period, according to a new report by Grand View Research, Inc. Rising awareness towards antistatic packaging as a protection medium for electronic devices and appliances is projected to fuel the demand for conductive polymers. Favorable outlook towards the electronics industry in China, Japan, South Korea and Singapore as a result of new product launches including smartphones by market players such as Samsung and LG is expected to have a significant impact on growth over the forecast period.
The solar energy segment is expected to grow exponentially at a CAGR of 11.2% during the forecast period. The rising adoption of solar panels globally fueled the demand for conductive polymers.