Global Electroactive Polymers Market is estimated to reach USD 5.12 Billion by 2022


Posted February 12, 2019 by Chemical-Research-Expert

The Asia Pacific region is the largest market for electroactive polymers across the globe, and is projected to grow at the highest CAGR between 2017 and 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.
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The objectives of this study are:
• To define, describe, and analyze the electroactive polymers market on the basis of type, application, and region
• To forecast and analyze the size of the electroactive polymer market (in terms of value and volume) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, Middle East & Africa, and South America
• To forecast and analyze the electroactive polymer market at the country level in each region
• To strategically analyze each submarket with respect to individual growth trends and its contribution to the electroactive polymers market
• To analyze opportunities in the electroactive polymer market for stakeholders by identifying high-growth segments of the market
• To identify the significant market trends and factors driving or inhibiting the growth of the electroactive polymer market and its submarkets
• To analyze competitive developments, such as expansions, joint ventures, new products launches, and acquisitions in the electroactive polymers market
• To strategically profile the key players of the electroactive polymer market and comprehensively analyze their growth strategies
The electroactive polymers market has been classified on the basis of product type into conductive plastics, inherently conductive polymers, and inherently dissipative polymers. Among types, the inherently conductive polymers market is projected to grow at the highest CAGR during the forecast period.
Inherentlyconductive polymers include materials, such as polythiophenes, polyanilines, polypyrroles, and polyacetylenes. ICPs are soluble, low-cost organic polymers which have electrical properties like other conductive metals and semiconductors. ICPs are a kind of ionic electroactive polymers which alter shape by motion or diffusion of ions and their conjugated substance.
The high demand globally can be attributed to the extensive R&D activities being undertaken in key countries, such as the US, Canada, and Mexico on various potential applications of inherently conductive polymers.
The demand for inherently conductive polymers in robotics, artificial muscles, actuators & sensors in the medical, energy harvesting, and electrical & electronics industries is the highest and is expected to drive the EAPs market during the forecast period.
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Scope of the Report
This report categorizes the electroactive polymers market on the basis of type, application, and region.
Electroactive Polymers Market, by Type:
The electroactive polymers market has been segmented on the basis of type into:
• Conductive Plastics
o ESD/EMI Compounds
o Antistatic Additives
o Carbon/Metal Fibers
o Carbon Nanotubes
o Others
• Inherently Conductive Polymers (ICPs)
o Polythiophenes
o Polyanilines
o Polyacetylenes
o Polyphenylene Vinylenes (PPV)
o Polyfluorenes
o Polyphenylene Sulfides
o Polynaphthalenes
o Others
• Inherently Dissipative Polymers (IDPs)
Electroactive Polymers Market, by Application:

The electroactive polymer market has been segmented on the basis of application into:
• Electrostatic Discharge (ESD) Protection
• Electromagnetic Interference (EMI) Shielding
• Actuators
• Capacitors
• Batteries
• Sensors
• Others

Electroactive Polymers Market, by Region:
The electroactive polymer market has been segmented on the basis of region into:
• Asia Pacific
• North America
• Western Europe
• Central & Eastern Europe
• Middle East & Africa and
• South America
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The Asia Pacific region is the largest market for electroactive polymers across the globe, and is projected to grow at the highest CAGR between 2017 and 2022. The growth of the Asia Pacific region can be attributed to the presence of various key manufacturers of electroactive polymers and increasing demand for electronic applications from countries, such as China, South Korea, Japan, and India. Moreover, the easy availability of raw materials in the Asia Pacific region has attracted several global companies and investors to set up their production facilities in the region, thereby fueling the growth of the Asia Pacific electroactive polymer market.
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Last Updated February 12, 2019