What is Conductive Additive Market?
In Li-Ion battery cathodes, it has been observed that the addition of conductive additives to cathode materials will enhance capacity by reducing inside resistance as well as cyclability. Some of the major typical conductive additives are carbon fiber, carbon powder, stainless steel fiber, among others. Increasing usage of conductive additive in various applications such as electrical & electronics, automotive, industrial, aerospace, healthcare, and others is projected to drive the global conductive additive market over the forecast period. Further, explore the development of various conductive additives for MnO2 electrodes, however, some research has also done to better electrical conductivity by using different conductive additives.
The market study is being classified by Type (Conductive Silver Glue, Conductive Carbon Black and Others), by Application (Electrical & Electronics, Automotive, Industrial, Aerospace and Healthcare) and major geographies with country level break-up.
Cabot Corporation (United States), RTP Company, Inc. (United States), SGL Carbon SE (Germany), Afton Chemical (United States) and Akzo Nobel N.V. (Netherlands) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Conductive Additive market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Conductive Additive market by Type, Application and Region.
On the basis of geography, the market of Conductive Additive has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Conductive Additive in Various Application
- Rising Demand from Electrical & Electronics Industry
Market Trend
- Technology Advancement regarding Conductive Additive
Restraints
- Stringent Government Rules and Regulation
Opportunities
- Increasing Demand from Emerging Market such as China and India
Challenges
- Lack of Awareness regrading Conductive additive
Key Target Audience
Conductive Additive Company, Regulatory Bodies, Component Suppliers, Government Regulatory Authorities, Technology Investors and Others