Transparency Market Research in its new report titled, “Conjugated Polymers Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the conjugated polymers market. The TMR report anticipates that the rise in demand for conjugated polymers in organic electronics and extensive use of these materials in light-emitting devices will drive the conjugated polymers market during the forecast period i.e, 2018-2026. This is prompting companies to increase production of these materials. Additionally, easy availability of raw materials is anticipated to boost the demand for conjugated polymers in the near future. The global conjugated polymers market is witnessing technological advancements. Companies are constantly striving to develop new and better ways to manufacture these materials. Development of new manufacturing processes of conjugated polymers and applications is estimated to propel the market. However, volatility in prices of raw materials is projected to hamper the market, says the report.
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The TMR report has segregated the conjugated polymers market on the basis of product, end-use and geography. On the basis of product, the conjugated polymers market is split into polyacetylene, polythiophene, poly(3-alkylthiophene), polypyrrole, and others. The polyacetylene segment is anticipated to expand at a fast pace due to the increase in demand for these materials in light-emitting diode applications. In terms of end-use, the conjugated polymers market is divided into organic electronics, photovoltaic cell, molecular imaging, and others. The organic electronics segment dominates the market owing to the extensive use of conjugated polymers in organic light-emitting diodes (OLED) in emerging economies such as India and China.
On a geographical stand, the conjugated polymers market is split into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Among these, Asia Pacific is expected to constitute key share of the market during the forecast period. The conjugated polymers market in Asia Pacific is also estimated to expand at a significant pace owing to the rise in demand for these materials in organic electronics in the region. Middle East & Africa is likely to be an attractive region of the conjugated polymers market during the forecast period due to the rise in demand for these polymers in photovoltaic cells in the region. Prominent players operating in the global conjugated polymers market are profiled in this report to give a better competitive analysis of the market and these include AGFA-Gevaert NV., Covestro AG, BASF SE, Henkel AG & Co. KGaA, and Polyone Corporation.
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