Study papers on Electroactive Polymer market and regional forecast. Electroactive Polymer market players are Solvay (Belgium), Parker Hannifin (US) Agfa-Gevaert (Belgium), 3M (US), Merck (Germany), Lubrizol (US), Novasentis (US), Premix (Finland), and PolyOne Corporation (US), among others.
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Electroactive polymers market is estimated at USD 3.51billion in 2017 and is projected to reach USD 5.12billion 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, actuators, and other applications across the globe.
Electroactive polymers find applications in various end-use industries because of their unique properties. Contrary to conventional materials (metals), electroactive polymers products are lighter in weight, durable, and have better conductive properties.
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- Manufacturers of Electroactive Polymers
- Suppliers of Electroactive Polymers
- Component Suppliers
- Service Providers
- Electrical & Electronics, Textiles & Fabrics, Automotive, Medical & Healthcare End-users
- Government Bodies
Asia Pacific electroactive polymers market is projected to grow at the highest CAGR from 2017 to 2022. An increase in manufacturing activities combined with the region’s emergence as a cost-effective production hub is expected to drive the electroactive polymers market.
Rapid industrialization in this region plays an important role in fueling the demand for EAPs 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 EAPs in the near future.
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Among types, the inherently conductive polymers market is projected to grow at the highest CAGR between 2017 and 2022.EAPs are cost-effective options for robotics and luminescent applications in comparison to metals and semiconductor materials. These polymers can be modified to get the desired properties, for example, low driving voltage.
This has led to increased demand for fabrication and precision instruments. Countries such as India and China with large populations provide an opportunity for the electroactive polymers market owing to the increased demand for consumer electronics.
Moreover, conductive polymers possess properties, such as easy mold ability, easy processing, low weight, corrosion resistance, and design flexibility which is attracting many electroactive polymer manufacturing companies.
2 Competitive Scenario
3 New Product Development
4 Agreement & Joint Venture
5 Merger & Acquisition
6 Market Ranking of Major Players
Get “Electroactive Polymer Market” Report is now available at www.rnrmarketresearch.com/contacts…count?rname=80153
The report covers the electroactive polymers market and their use across different applications and regions. It aims at estimating the market size and future growth potential of the electroactive polymers market across different segments.
The report also includes an in-depth competitive analysis of the key market players along with their profiles, recent developments, and key growth strategies.
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