Conducting Polymer Market Demand Worth US$ 17.2 Billion by 2034 Amid Expanding Applications in the Electronics and Medical Sectors | Future Market Insights, Inc
NEWARK, Del., Feb. 12, 2024 /PRNewswire/ -- The global conducting polymer market is set to be valued at US$ 7.0 billion in 2024. Global sales of conducting polymers will likely soar at a healthy compound annual growth rate (CAGR) of 9.4% during the forecast period, totaling US$ 17.2 billion by 2034.
- The escalating demand within the electronics industry is a significant driver for the global conductive polymers market.
- NEWARK, Del., Feb. 12, 2024 /PRNewswire/ -- The global conducting polymer market is set to be valued at US$ 7.0 billion in 2024.
- Polycarbonates remain highly sought-after conducting polymer types in the market owing to their exceptional properties, such as lightweight, transparency, flexibility, and durability.
- These include:
Rising government support for the development of advanced materials, including conducting polymers
A prominent factor expected to drive demand for conducting polymers is their widening applications in the electronics and medical sectors.