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North America Conductive Polymer Market Forecast 2019-2028

KEY FINDINGS
The North America conductive polymer market is predicted to record a CAGR of 5.10% during the forecast years of 2019 to 2028. The prevalence of significant IT and semiconductor industrial giants that manufacture electronic circuit boards for smartphones, televisions, and laptops, are factors that drive the North America conductive polymer market growth, in this region.

MARKET INSIGHTS
The North America conductive polymer market growth is evaluated across Canada and the United States. Developments in the aerospace sector in Canada, as a result of rising expenses towards commercial and defense aircraft, are expected to advance the use of conductive polymers across the forecast period. An increase in expenditure for upscaling the manufacturing output of solar power in regions like British Columbia, Quebec, Ontario, and Prairies, is expected to promote the use of electroactive polymers, in addition to conductive plastics in the formulation of energy storage devices. As a result of implementing cleanroom systems, there has been a rise in adoption rates if HVAC systems in the food, beverage, and pharma sectors of Canada. The high adoption rates are predicted to play a vital role in increasing the consumption of actuators and, therefore, drive the need for conductive polymers. Moreover, the diverse Canadian medical appliance sector is an export-oriented industry that primarily manufactures equipment and supplies. The sector's consistent growth is surging the demand for actuators and sensors. Consequently, this has resulted in supplementing the demand for conductive polymer market in the North America region. However, due to the preference shift of vehicle manufacturers from Ontario to Mexico, the slow growth of the automotive sector in Canada is considered to have an adverse impact within the North America conductive polymer market.

COMPETITIVE ANALYSIS
The eminent companies in the market are ABTECH Scientific, Covestro AG, KEMET Corporation, Rieke Metals, Saudi Basic Industries Corporation (SABIC), etc.

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North America Conductive Polymer Market Forecast 2019-2028
Published By :Inkwood Research
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