Acumen Research and Consulting Conductive Plastic Compounds Market is Growing at | Page 2
electronic equipment, is expected to expand significantly during the forecast
period.
Increase in Demand in Manufacturing of Electrical & Electronic Component
and Increased activities of conducting plastic compounds in research &
development
The production of conductive plastic compounds involves extrusion processes
throughout a complex process chain with several primary materials. In each
stage of production it plays an important role for usage of fillers such as
graphene, carbon black, carbon fibers and carbon nanopaths to optimally
enhance the overall efficacy of the product. Integrated approaches and research
activities are conducted at different compound manufacturer and research
institutes in order to produce high quality and efficient conductive plastic
compound products. Moreover, the focus is on product development through
stable, resource conservation and energy efficient processes, by composite
producers and plastic converters. Increase in product development programs
among compound manufacturers and rise in research and patent activities
regarding filler materials among universities and institutes are anticipated to
boost the demand for conductive plastic compounds in the near future. The
production and assembly of electric and electronic devices is characterized by
conductive plastic compounds. They offer reliability to applications where
electrostatic discharge is protected, static charges are dissipated and thermal
management is effective. Products made of plastic conductive compounds are
lightweight, recyclable and anti-corrosion components to protect the electronic
applications from damage to the dissipation of static charge. In the electrical and
electronic industries, the high use of conducting plastic compounds in the near
future will boost demand for conductive plastic compounds. The electronics
processing and packaging, industrial security, automotive and aerospace
industries also use conductive plastic compounds. The increased use of
conductive plastic compounds is projected to drive the global plastic conductive
compounds market during the forecast period for several end-user industries
due to their exceptional attributes.
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