Acumen Research and Consulting Conductive Plastic Compounds Market is Growing at | Page 3
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plastic-compounds-market
Regional Outlook
On the regional basis, North America, Europe, Asia Pacific, Latin America, and the
Middle East and Africa have become the world market for conductive plastic
compound products. Asia Pacific led the world market of leading plastic
compounds in 2017 in terms of revenue. In the electronics industry, China is the
main manufacturing hub. The country constituted prominent share of the market
in the region in 2017 owing to the growing adoption of in electrical & electronics
industries. Main factors in Asia-Pacific are expanding their manufacturing
facilities to meet the increasing demand for conductive plastics compounds in
various end-use industries throughout the region. During the forecast period, the
leading plastic compounds market in North America and Europe will expand
moderately. The market for conductive plastic compounds in these regions is
likely to be fueled by advancements in research & development activities among
universities and compound companies in North and Europe.
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Key Players and Strategies
Prominent players operating in the global conductive plastic compounds market
are BASF SE, LyondellBasell Industries Holdings B.V., DowDuPont Inc., RTP
Company, Ravago, Mexichem Specialty Compounds Inc., Adell Plastics, Inc,
Polyvisions Inc, Coperion K Tron, Sojitz Corporation, SABIC and A.Schulman. The
market for conductive plastic compounds is moderately fragmented and
extremely competitive. These companies focus on R&D activities for plastic
compounds electrically and thermally conductive. The future market will be
driven in the near future by ongoing research and development in conductive
plastic compounds.
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