Electroactive Polymer Market is Segmented by Type (Conductive Plastics, Inherently Conductive Polymers, and Inherently Dissipative Polymers), by Application Type (Electrostatic Discharge Protection, Electromagnetic Interference Shielding, Actuators, Capacitors, Batteries, Sensors, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Electroactive Polymer Market is Segmented by Type (Conductive Plastics, Inherently Conductive Polymers, and Inherently Dissipative Polymers), by Application Type (Electrostatic Discharge Protection, Electromagnetic Interference Shielding, Actuators, Capacitors, Batteries, Sensors, and Others), and by Region ...
Electroactive Polymer Market is likely to grow from USD 3.54 billion in 2021 to USD 5.97 billion by 2028 at an impressive CAGR of 7.63% during the forecast period of 2022-2028.
What id electroactive polymer?
Electroactive Polymer is the type of polymers that can change their shape and size when an electric field stimulates them. These can be conductive plastics, inherently conductive polymers, and inherently dissipative polymers.
Electroactive Polymer has its applications in different areas such as electrostatic discharge protection, electromagnetic interference shielding, actuators, capacitors, batteries, sensors, and others.
Market Drivers
Guided by their exceptional properties electroactive polymers find extensive usage in various end-use industries which drives their market globally.
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Segments' Analysis
By Type
Based on the type, the market is segmented as conductive plastics, inherently conductive polymers, and inherently dissipative polymers. The conductive plastics segment is likely to dominate the market during the forecast period. Inherently conductive polymer is likely to register the highest growth during the same period.
By Application Type
Based on the application type, the market is segmented as electrostatic discharge protection, electromagnetic interference shielding, actuators, capacitors, batteries, sensors, and others. The actuators segment is expected to depict the highest growth during the forecast period. Shift from ceramic-based actuators to electroactive polymer-based actuators is likely to lead to a higher growth in the segment.
By Region
In terms of regions, Asia-Pacific is expected to register the highest growth of electroactive polymers in the coming five years. China and India are the growth engines of the region. The market is driven by the growing use of electroactive polymers in the end-use industries in the region. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
Market Scope & segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Elastomeric Foam Market Report - Features
Market Segmentation
3
Regions Covered
4
Countries/Sub-Regions Covered
15
No. of Figures & Tables
>150
Company Profiles
9
The electroactive polymer market is segmented into the following categories.
North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Key Players
Some of the key electroactive polymer suppliers are-
Solvay SA
Parker Hannifin Corporation
AGFA-Gevaert
The 3M Company
Merck & Company, Inc.
Premix
The Lubrizol Corporation
Novasentis, Inc.
PolyOne Corporation.
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to 3 players)
SWOT analysis of key players (up to 3 players)
Market Segmentation
Current market segmentation of any one of the types by application type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
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Electroactive Polymer is the type of polymers that can change their shape and size when an electric field stimulates them. These can be conductive plastics, inherently conductive polymers, and inherently dissipative polymers.
Electroactive Polymer has their applications in different areas such as electrostatic discharge protection, electromagnetic interference shielding, actuators, capacitors, batteries, sensors, and others.
Electroactive Polymer Market is likely to witness an impressive CAGR of 7.63% during the forecast period. Guided by their exceptional properties electroactive polymers find extensive usage in various end-use industries which drives their market globally.
Some of the key electroactive polymer suppliers are Solvay SA, Parker Hannifin Corporation, AGFA-Gevaert, The 3M Company, Merck & Company, Inc., Premix, The Lubrizol Corporation, Novasentis, Inc., and PolyOne Corporation.