Electroactive Polymer Market

Electroactive Polymers Market worth 5.12 Billion USD by 2022

The report "Electroactive Polymer Market by Type (Conductive Plastic, Inherently Conductive Polymer, Inherently Dissipative Polymer), Application (ESD Protection, EMI Shielding, Actuators, Capacitors, Batteries, Sensors), and Region - Global Forecast to 2022", The electroactive polymers market is estimated at USD 3.51 in 2017, and is projected to reach USD 5.12 Billion by 2022, at a CAGR of 7.9% from 2017 to 2022. The growth of the electroactive polymers market can be attributed to the increasing demand from the ESD protection, EMI shielding, and actuator applications across the globe. 

              Request Sample            Request Sample             download pdf

Browse 78 tables and 35 figures spread through 134 pages and in-depth TOC on "Electroactive Polymer Market by Type (Conductive Plastic, Inherently Conductive Polymer, Inherently Dissipative Polymer), Application (ESD Protection, EMI Shielding, Actuators, Capacitors, Batteries, Sensors), and Region - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/electroactive-polymers-advanced-technologies-and-global-market-87.html
Early buyers will receive 10% customization on reports.

The electroactive polymers market is expected to witness significant growth during the forecast period, which is attributed to superior characteristics, such as low-cost material, lightweight, flexibility, as well as low driving voltage, high electrical properties, large strain capability, and growing demand from smart fabrics and smart electronics are the factors leading to the high demand for EAPs. Therefore, the increasing use of EAPs in ESD protection, EMI shielding, and actuator applications is expected to boost the electroactive polymers market during the forecast period.

Among types, the inherently conductive polymer market is projected to grow at the highest CAGR during the forecast period from 2017 to 2022

Based on type, the electroactive polymers market has been segmented into conductive plastics, Inherently Conductive Polymers (ICPs), inherently dissipative polymers. Among types, the conductive plastics segment accounted for the largest share of the electroactive polymers market in 2016. The inherently conductive polymers segment is projected to grow at the highest CAGR during the forecast period. Presently, ICPs are undergoing extensive R&D activities as these are expected to have potential applications in the fields of robotics, energy harvesting, coatings, medicals, and smart fabrics. ICPs exhibit excellent optical and electrical properties, high transparency, high environmental stability, low cost, and high process ability in comparison to other EAPs.

Thus, an increase in the demand for the ICP segment is expected to drive the electroactive polymers market around the globe.

The actuator application is projected to grow at the highest CAGR between 2017 and 2022

The Electrostatic Discharge (ESD) protection application accounted for the largest share of the electroactive polymers market in 2016. Electroactive polymers are used in various applications, ranging from sensors and actuators for electronic appliances to artificial muscles and motion generating devices. These are steadily replacing traditional polymers as well as metals owing to the unique electrically conductive characteristics. ESD and EMI are the major applications of electroactive polymers. Other applications of electroactive polymers include capacitors, sensors, actuators, batteries, and others. Increased demand from ESD protection, EMI shielding, and actuator applications is expected to supplement the growth of electroactive polymers during the forecast period.

The Asia Pacific electroactive polymers market is projected to grow at the highest CAGR during the forecast period

Based on region, the electroactive polymers market has been segmented into Asia Pacific, North America, Western Europe, Central & Eastern Europe, Middle East & Africa and South America. The Asia Pacific electroactive polymers market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific electroactive polymers market can be attributed to the growing demand for ESD protection and EMI shielding applications. The region is witnessing the highest growth due to rapid economic expansion, especially in China and India. Rapid industrialization in this region plays an important role in fueling the demand for electroactive polymers in ESD and EMI protection, consumer electronics, and paints & coatings applications. In this region, the demand as well as manufacture of consumer electronics has increased significantly and is expected to drive the need for electroactive polymers in the near future. The Asia Pacific is expected to be the fastest-growing region of the electroactive polymers market as it is expected to witness heavy investments in R&D, and rapid technological advancements, especially in the electronics industry. Moreover, increase in manufacturing activities combined with the region’s emergence as a cost-effective production hub is expected to drive the electroactive polymers market. These factors are propelling the demand for electroactive polymers in the region.
Solvay (Belgium), Parker Hannifin (US) Agfa-Gevaert (Belgium), 3M (US), Merck (Germany), Lubrizol (US), Novasentis (US), Premix (Finland), and PolyOne Corporation (US), among others, are the key players operating in the electroactive polymers market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
CH1055
Published ON
Feb, 2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Electroactive Polymer Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved