Conductive Plastic Compounds Global Market Report 2023

“Conductive Plastic Compounds Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on conductive plastic compounds market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for conductive plastic compounds? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The conductive plastic compounds market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

• 1) By Resin Type: Polyethylene; Polypropylene; Polyvinyl Chloride (PVC); Polystyrene; Engineering Plastics; Thermoplastic Elastomers; Bioplastics

• 2) By Filler Type: Carbon Black; Carbon Fibers; Carbon Nanotubes; Metals

• 3) By End-Use Industry: Automotive; Electrical And Electronics; Building And Construction; Packaging; Industrial Machinery; Medical Devices

• Companies Mentioned: Adell Plastics Inc.; BASF SE; Coperion GmbH; DowDuPont; Lyondell Basell Industries Holding BV

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the conductive plastic compounds market are Adell Plastics Inc., BASF SE, Coperion GmbH, DowDuPont, Lyondell Basell Industries Holding BV, Mexichem Specialty Compounds Inc., Polyvision, Ravago, RTP Company, Saudi Basic Industries Corporation (SABIC), Sojitz Corporation, Celanese Corporation, Koninklijke DSM N.V., Agenzia Chimica Italiana and A.Schulman.

The global conductive plastic compounds market is expected to grow from $9.75 billion in 2022 to $11.00 billion in 2023 at a compound annual growth rate (CAGR) of 12.89%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The conductive plastic compounds market is expected to reach $17.06 billion in 2027 at a CAGR of 11.58%.

The conductive plastic compounds market consists of sales of ESD (electrostatic discharge) control, ATEX (explosive atmospheres) and EMI (electromagnetic interference) shielding. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The conductive plastic compounds market is segmented into polyamide (pa), polycarbonate (PC), polyethylene terephthalate (PET), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT), polyphenylene oxide (PPO).

Conductive plastic compounds are engineered materials that are packed with conductive additives to achieve a certain quantity of electricity, conductive polymers by adding carbon fillers like carbon black, graphite, and other conductive materials. Uses of conductive plastic compounds include metal alternatives, detection sensors, heating elements, air purifiers, dust suppression, among others.

Asia-Pacific was the largest region in the conductive plastic compounds market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main resin types of conductive plastic compounds are polyethylene, polypropylene, polyvinyl chloride (PVC), polystyrene, engineering plastics, thermoplastic elastomers, and bioplastics. Polyethylene (PE) refers to a thermoplastic polymer and family of polyolefin resins that consist of long chains produced by the combination of monomer molecules prepared by the catalytic polymerization of ethylene. The filler types are carbon black, carbon fibers, carbon nanotubes, and metal. The end-use industries include automotive, electrical and electronics, building and construction, packaging, industrial machinery, and medical devices.

Rise in production of automobiles is expected to drive the growth of the conductive plastic compounds market going forward. Automobiles, also referred to as motorcars or cars, are made up of fundamental mechanical components and systems primarily used for transporting people and powered by internal combustion engines that include the fuel supply system, braking system, steering system, cooling system, and exhaust system, among others. Due to rapid industrialization, the automotive sector has transformed into a fully-fledged industrial manufacturing sector with a higher production capacity. There has been a significant investment in the manufacturing sector, which has led to a rise in the production of automobiles. For instance, according to the Bayerische Motoren Werke AG (BMW), a Germany-based manufacturer of luxury vehicles and motorcycles, in January 2022, BMW Manufacturing set a new benchmark for production with the manufacture of 433,810 BMW X automobiles in 2021 which is a 20 percent increase over last year's production and it surpasses the previous record of 411,620 units achieved in 2019. Therefore, the rise in production of automobiles is expected to propel the growth of the conductive plastic compounds market in the coming years.

Technological innovation is a key trend that is gaining popularity in the conductive plastic compounds market. Major companies operating in the market are focused on research and development for technological innovations to offer additional benefits and assist in a better yield. Such product innovations enable companies to gain a competitive edge in the market. For instance, in January 2022, OCSiAl, a Luxembourg-based nanotechnology company specialising in conductive and reinforced plastics, launched a new graphene nanotube concentration for polyamide (PA), filled PPS, ABS, TPU, and polycarbonate (PC). graphene nanotube concentration could be utilised in electrically conductive thermoplastic items without sacrificing the overall mechanical performance or durability of the final product, which is essential for enhancing tracking and safety systems in automobiles.

In June 2021, Sojitz Corporation, a Japan-based trading company, acquired a stake in 2D Materials Pte. Ltd. for an undisclosed amount. This acquisition is a strategic and complementary fit for Sojitz to mark its presence in the next-generation technology and new materials field using 2DM graphene technology as a nanomaterial. 2D Materials Pte Ltd is a Singapore-based chemical manufacturer that produces high-performance graphene used to improve the properties of conductive plastic compounds, founded in 2015.

The countries covered in the conductive plastic compounds market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The conductive plastic compounds market research report is one of a series of new reports from The Business Research Company that provides, conductive plastic compounds market statistics, including, clock buffer industry global market size, regional shares, competitors with a conductive plastic compounds market share, detailed, conductive plastic compounds market segments, market trends and opportunities, and any further data you may need to thrive in the clock buffer industry. This, conductive plastic compounds market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.