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Global Conductive Plastics Market Set for Rapid Growth And Trend, by 2025Jan 13 2017
January 9, 2017 - Future Market Insights
Conductive plastics are polymers which conduct electricity. They possess metallic conductivity or behave like semiconductors. Conductive plastics are a new variant of plastics with tremendous ongoing research to develop them further. It is estimated that, conductive plastics would find numerous applications across various industries. Many automobile manufacturers and aerospace engineers are studying conductive plastics in order to make them suitable for industrial applications. Conductive plastics are produced by incorporating carbon fibers, carbon nano – tubes or stainless steel fibers into plastic formulation. These dispersed fibers or nano tubes bring about the electrical conductivity effect in plastics.
The conductive polymers have the usual benefits of polymers such as moldability, ease of processing, light weight, corrosion resistance and design flexibility and in addition to these properties, they make the end product electrically conductive. These plastics find application in electronics, heavy engineering, automobiles and healthcare industry among others. The growing electronics and medical devices industry are the primary drivers of conductive plastics. Conductive plastics are a class of structural materials. They are called so because they are capable of performing several functions owing to their structure. The growing trend of owning small, light weight and smart gadgets is expected to fuel the growth of the conductive plastics market. Using conductive plastics, light weight gadgets can be manufactured, because, separate components to induce electrical conductivity would not be required if conductive plastics are used. However, conductive plastics possess poorer mechanical properties compared to traditional plastics. There is a lot of ongoing research in this field, in order to make them suited for precision processing, by enhancing their mechanical properties. This is expected to open new areas of opportunity for conductive plastics.
Countries such as China, Japan, Taiwan, South Korea and India are expected to be the biggest markets for conductive plastics. These countries are the electronic and automobile hubs of the world. Use of conductive plastics in automobile sensors, batteries and switches is also expected to grow considerably over the coming years. Brazil is expected to be the emerging market for conductive plastics within the forecast period. If the technology of conductive plastics is developed to meet aerospace needs, U.S and Europe could be potential markets for conductive plastics within the forecast period.
Research and development activities are being carried out to develop conductive plastics for bio medical devices. These plastics are being studied to relay the neuronal responses to eyes and ears via implantable devices, in case of sensory damage. Goodrich Corporation, which specializes in aircraft components, is carrying out research in the field of conductive plastics to develop light weight, sturdy and conductive plastics for use in landing gears. The reduced weight due to the use of conductive plastics is expected to greatly enhance the fuel efficiency of aircrafts and automobiles. Audi sedans make use of a conductive plastic named Ultraform N2320 C from BASF to manufacture the fuel filter housing. The use of this conductive plastic eliminates the risk of electrostatic discharge and sparking as fuel flows through the filter. These plastics can be used to manufacture conductive adhesives, artificial nerves, piezoceramics, optical computers, ion exchange membranes, actuators and other automobile and aircraft components.
The key players in this market include – Asbury Carbons, Bekaert Co, BASF, Electriplast Corporation, Ensinger, Goodrich Corporation, Nanocyl and RTP Co among others.
Visit For TOC@ www.futuremarketinsights.com/toc/rep-gb-317
Bi-Polar Battery Technology NewsJan 9 2017
Congratulations to our JTAP partner Advanced Battery Concepts! A license agreement with the world’s largest battery manufacturer is a huge accomplishment.
Greetings to our ShareholdersDec 16 2016
Season’s Greetings. In warm appreciation of our association during the past year, we extend our very best wishes for a happy holiday season. As this year comes to a close we want to take the opportunity to thank you for your support.
May your holidays be merry and bright!
Electric Cars Could Take an OPEC-Sized Bite From Oil DemandDec 8 2016
by Jessica Shankleman
December 3, 2016 - Bloomberg
Consultant says EVs may curb demand by 2 million b/d in 2035
Global gasoline demand has all but peaked, says the IEA
A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10 percent of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.
While battery-powered cars and trucks today represent less than 1 percent of total vehicle sales, they are expected to take off after 2025 as governments move to tackle pollution and costs fall, the Houston-based analyst said. By 2035 so-called EVs may remove 1 million to 2 million barrels a day of oil demand from the market -- in the range of the production cut OPEC and its allies agreed this week in order to end a three-year crude surplus.
“Anything that reduces the demand for transportation has an impact on the oil market,” Alan Gelder, vice president of refining, chemicals and oils markets at Wood Mackenzie, said in an interview in London. “The question is how big is it going to be and what’s the time frame.”
Wood Mackenzie’s view echoes the International Energy Agency, which last month forecast global gasoline demand has all but peaked because of more efficient cars and the spread of EVs. The agency expects total oil demand to keep growing for decades, driven by shipping, trucking, aviation and petrochemical industries.
That’s more conservative than Bloomberg New Energy Finance’s forecast for EVs to displace about 8 million barrels a day of demand by 2035. That will rise to 13 million barrels a day by 2040, which amounts of about 14 percent of estimated crude oil demand in 2016, the London-based researcher said. Electric cars are displacing about 50,000 barrels a day of demand now, Wood Mackenzie said.
On Friday Athens, Madrid, Mexico City and Paris pledged to phase out diesel vehicles by 2025 in a battle against pollution, a move that could further stimulate demand for EVs that have zero tailpipe emissions.
Regulation and government subsidies alone won’t be enough to spark a boom in EVs, Gelder said. “If there’s a technology revolution, so battery technology gets cheaper and EVs don’t need a subsidy, then it comes down to consumer preference. If the consumers like something, it’ll switch far faster.”
Tesla alone won’t be able to supply enough EVs if demand really takes off, Gelder said. Major automakers including Volkswagen AG and Ford Motor Co. will need to produce them on a larger scale. “At the moment they can’t, and changing manufacturing lines takes time.”
Shareholder/Open House Event SuccessDec 2 2016
I want to take the opportunity to thank those that attended our shareholder meeting and open house in Evansville, IN, on November 12, 2016. Many of you traveled great distances to be with us and meet with members of our team, including our Chairman, James Eagan, and two of the most talented and innovative engineering minds anywhere, Slobodan (“Bob”) Pavlovic and Mo Zeidan.
Bob and Mo provided an update on the latest developments on the applications and conducted a live demo of the bipolar plates. They showed the benefits of the new plate design, and how the plates were integrated into the working 12V battery prototype assembled by Advanced Battery Concepts, LLC.During the meeting we gave a tour of the facility and allowed everyone to view our new ElectriPlast production line, as well as the other production lines used to manufacture our new line of conductive plastics for lower conductive and ESD applications. They were able to see the increased capacity available due to our strategic location at Nova Polymers.
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