Conductive plastic compounds Market Research Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2033

Conductive plastic compounds Market Size Research Report – In a Glance

As per the Research report on global Conductive plastic compounds market, the market is projected to foresee a CAGR of 12.5% between 2024-2033, and further generate a market size of USD 5.2 billion by the end of 2033. In the year 2023, the market size was valued at USD 1.8 billion.

• The global Conductive plastic compounds market is projected to grow on account of the rising demand in electronics industry.
• In Japan, the Conductive plastic compounds market growth can be attributed to the growing automotive sector adoption.
• KDMI analyst’s growth analysis foresees cost constraints to challenge the market growth.
• The Asia Pacific Conductive plastic compounds market is projected to dominate the global market.

Conductive plastic compounds Market Analysis

Conductive plastic compounds are materials made up by adding conductive additives into the plastic matrices, enhancing their electrical conductivity. These compounds are used in various industrial application in automotive, electronics, and packaging, due to its lightweight, anti-corrosion and cost- effective properties. They enable the fabrication of components and products with desired electrical properties, facilitating applications such as ESD protection, electromagnetic shielding, and static dissipation. Also, electronic products such as LEDs have gained popularity as an alternative to traditional lighting due to its effectiveness and heat- dissipation. Application of conductive plastic compound in LED leads to less energy wastage and offer color freedom. As per the analysis, more than 80% of all light source are likely to be LEDs now, driving the growth of the market. SABIC, Celanese Corporation, and DuPont are some of the significant parties in the global market for Conductive plastic compounds.

Analyst’s Observation on Japan Conductive plastic compounds Market Research

In Japan, the growth of the Conductive plastic compounds market is due to the expanding automotive sector. This type of plastic compounds play crucial role in car manufacturing, they are utilized for various applications such as electromagnetic interference shielding, static dissipation, and lightweight structural components. The increasing adoption of conductive plastic compounds in automotive industry is due to rising demands for improved fuel efficiency, safety, and performance. As per the reports, Japan has shifted to using conductive plastics to manufacture car parts such as steering wheel, dashboard, tyers, seat and seat covers, etc., by 39% rather than using any heavyweight plastics, driving the growth of the market. Mitsubishi Chemical Corporation, Kaneka Corporation, and DIC Corporation are some of the significant parties in the market for Conductive plastic compounds in Japan.

Conductive plastic compounds Market Growth Drivers and Challenges

Increasing emphasis on lightweight products:

The increase demand for lightweight plastic materials is driven by demands for enhanced fuel efficiency, portability, and sustainability across various industries. Lightweight conductive plastic compounds offer precise conductivity and also reduces the product weight, making them an ideal option for application in automotive, electronics, and packaging sectors. This weight reduction not only improves performance but also fulfills the need of modern consumers and regulatory standards by the government.

Cost Constraints:

The production of these compounds involves complex processes and specialized materials, leading to higher manufacturing expenses. Additionally, fluctuations in raw material prices and the need for advanced technologies further increases costs, affecting the market expansion and posing challenges for manufacturers to maintain competitive pricing.

Conductive plastic compounds Market Regional Synopsis

The Asia Pacific Conductive plastic compounds market is majorly driven by expansion of automotive manufacturing industry keeping the region to maintain its hold on the market. Increasing demand for smart electronics and electric vehicles, especially in developing countries like India and China is driving the need for conductive plastic. As these plastics offer less energy wastage, they are considered to be a reliable form of plastics to use and work upon. As per the reports, today’s cars on an average are made of about 50% plastic by volume and 10% by weight, which drives the growth of conductive plastic market.

As per our analysts at KD Market Insights, the following five players lead the Asia Pacific Conductive plastic compounds market growth:

• SABIC
• RTP Company
• PolyOne Corporation
• Mitsubishi Chemical Corporation
• Ensinger

Conductive plastic compounds Market Competitive Landscape

Some of the key players who top the global Conductive plastic compounds market share:

• Celanese Corporation
• Koninklijke DSM N.V. (Royal DSM)
• Poly One Corporation
• Kaneka Corporation
• Toray Industries Inc.
• SABIC Group
• Exxon Mobil Corporation
• E.I. du Pont de Nemours and Company
• Arkema Group
• Compagnie de Saint-Gobain SA

Conductive plastic compounds Market Recent Developments

• Lanxess, a leading chemicals company based in Germany, used a thermally conductive plastic in a charge controller for an electric vehicle sports car.
• Arkema has introduced a new high-performance polymer RILSAN polyamide 11, a novel thermally conductive polyamide-based polymer suited for the automobile sector due to its excellent thermal conductivity.

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Conductive plastic compounds Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Resin
      2. By Filler
      3. By End-Use
      4. By Region
5. Market Segmentation by Resin
   1. Polyethylene
   2. Polypropylene
   3. Polyvinyl Chloride
   4. Polystyrene
   5. Engineering Plastics
   6. Thermoplastic Elastomers
   7. Bioplastics
   8. Others
6. Market Segmentation by Filler
   1.  Carbon Black
   2. Carbon Fibers
   3. Carbon Nanotubes
   4. Metals
   5. Others
7. Market Segmentation by End-Use
   1. Automotive
   2. Electrical & Electronics
   3. Medical Devices
   4. Building & Construction
   5. Packaging
   6. Industrial Machinery
   7. Others
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Resin, by Filler, by End-Use,
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Resin, by Filler, by End-Use,
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. Celanese Corporation
      2. Koninklijke DSM N.V. (Royal DSM)
      3. Poly One Corporation
      4. Kaneka Corporation
      5. Toray Industries Inc.
      6. SABIC Group
      7. Exxon Mobil Corporation
      8. E.I. du Pont de Nemours and Company
      9. Arkema Group
      10. Compagnie de Saint-Gobain SA
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References