MCP-1527: CONDUCTIVE POLYMERS – A US MARKET REPORT

US Conductive Polymers Market to Reach 230.7 Thousand Metric Tons by 2010, According to New Report by Global Industry Analysts, Inc.

Driven by the numerous advantages offered by electricity conducting plastics, US market for conductive polymers is forecasted to reach 230.7 thousand metric tons by the year 2010. Lightweight, easy fabrication, low cost and high resistance to heat are prime factors driving growth in the marketplace.

San Jose, California, (PRWEB), April 22, 2008 -- As the US economy regains poise in the upcoming years, resurgence in demand for high performance and low cost materials for electrical and electronics product components and devices are likely to augment the use of conductive polymers in the electronics industry. Use of conducting polymeric materials is also expected to increase as the automobile and diesel industries recover from their present troubles. Extensive use of materials, such as, nylon, polyphenylene and polypyrrole, will help fuel the growth of conductive polymers. These polymeric materials are typically applied in fan blades, surge tanks and connectors. The demand for polymeric materials is forecast to rise at a robust rate in the chemical industry due to better performance, high resistance to chemicals, thermal properties, less weight and low costs. Growing interests in conductive polymers filled with fiber is expected to enhance its use in end-use applications, such as, material handling, antistatic packaging, and worksurface & flooring. The market is characterized by high entry barriers largely due to the need for specialized technical knowledge, and expensive production know how of these highly conductive materials. The US conductive polymers market is threatened by the emergence of high quality, and low-cost competition from European counterparts. Manufacturers are increasingly facing pricing pressures due to increase in the costs of raw materials, transportation, energy and packaging.

As stated in a recent report published by Global Industry Analysts, Inc., Conductive Polymers market in the United States is forecast to grow at a CAGR of 6.08% over the years 2011 through 2015. Market for Acrylonitrile Butadiene Styrene is forecast to grow at a CAGR of 8.10% over the period 2011 through 2015. Inherently Conductive Polymers is projected to reach 7,493 metric tons by the year 2012.

Major players operating in the industry include - 3M Company, Cabot Corporation, Chevron Phillips Chemical Company LLC, Crosslink, Cytec Industries Inc, The Dow Chemical Company, Eastman Chemical Company, Ferro Corporation, Fortron Industries LLC, Fractal Systems Inc., Hyperion Catalysis International Inc., Illinois Tool Works Inc., KEMET Corporation, Konarka Technologies Inc., Littelfuse Incorporated, Lubrizol Advanced Materials Inc., National Starch and Chemical Company, Novamet Specialty Products Corporation, Phillips Sumika Polypropylene Company, PolyOne Corporation, Spartech Corporation, Solutia Incorporated, and Synthetic Rubber Technologies Inc, among others.

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