Description
Conductive Plastic Compounds Market size was valued at USD 1.2 bn in 2021 and poised to grow at significant CAGR of 7.8% from 2022-2028. Some of the key factors propelling the market growth include increasing manufacturing of electric components and electronic equipment, growing popularity for miniaturization in electronics, electrical engineering, communications engineering, and automotive engineering industries, advancement in filler material technology, increasing research programs coupled with government initiatives on plastic compounds and high growth in emerging economies. This market is surging owing to frequent acquisitions and launchings by the market players. For instance, in Jun 2018, BASF expanded its business by opening a new application center for Plastic Additives in Kaisten. The new application center serves as the regional technical support base for customers for applications such as polymer production, master batch and leading players in the converting industry but is also the global competency center for the automotive as well as the film and tape industry. This report gives comprehensive outlook on conductive plastic compounds across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global conductive plastic compounds market gives historical, current, and future market sizes (US$ Mn) on the basis of resin type, filler type, end user and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed global conductive plastic compounds market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global conductive plastic compounds market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global conductive plastic compounds products.