Global Electroactive Polymer Market is projected to grow at an impressive CAGR during the forecast period due to increase in end use industries. In 2021, the market value of the Indian textile industry was worth USD 223 billion.

Over the next five years, the demand for Electroactive Polymers will increase due to the increased use of touchscreen smartphones, enhanced electroactive polymer properties, increased demand for lightweight and cost-effective polymers, increased use of eco-friendly materials, and the need for manufacturing flexibility. Due to the presence of numerous significant manufacturers, APAC is likely to continue to play an essential role in the electroactive polymer market over the forecast period. APAC is anticipated to see the highest CAGR of any region, supported by rising demand for electronic applications.

Growing Demand for Electroactive Polymer in Smart Fabrics

Sensing and Actuating microfibers are textiles directly woven with electromechanical systems like sensors, actuators, electronics, and power sources. Electroactive Polymers (EAPs) are suitable for usage as smart fabrics due to their adaptability and affordability. The development of smart fabrics uses polypyrrole and polyanilines. The need for EAPs in smart fabrics is anticipated to rise in the upcoming period due to increased R&D across countries like the U.S., China, and Japan undergoing dramatic economic expansion. According to the National Council of Textile Organizations, “In 2021, the value of U.S. man-made fiber, textile, and apparel shipments totaled an estimated $65.2 billion, compared with $60.8 billion in shipments in 2020”.

Rising Demand for Actuator Application Segment

Over the recent years, there have been technological advancements that have brought radicle development in the Actuators utilized as a significant application for Electroactive Polymers. Remarkable advances in upgrading the actuation strain of Novel Applications such as microfluidic systems and tissue engineering have also emerged, enabling the demand for Actuators resulting in the forecasted growth of the Global Electroactive Polymer Market. 

Recent Trends and Developments

The Chomerics Division of Parker Hannifin Corporation, the global leader in motion and control technologies, has launched PREMIER PBT-225, EMI shielding conductive plastic pellets. When exposed to the usual heat and humidity conditions prevalent in automotive applications, PREMIERTM PBT-225 provides superior hydrolysis resistance, increasing long-term aging performance.

The Indian market for electronic devices had a total market value of INR 4580 billion (USD 66 billion), according to the Ministry for Electronics and I.T., and it has been growing at a rate of around 5.5% during the past four years. To achieve a turnover of around INR 26 trillion (USD 400 billion) by 2025, the National Policy on Electronics 2019 aims to boost domestic production and export in the whole value chain of Electronics System Design and Manufacturing (ESDM).


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Market Segmentation

Global Electroactive Polymer Market is segmented based on Type, Application, and Regional distribution. Based on Type, the market is segmented into Conductive Plastics, Inherently Conductive Polymers, and Inherently Dissipative Polymers. By Application, the market is further segmented into Electrostatic Discharge Protection, Electromagnetic Interference Shielding, Actuators, Capacitors, and Others. The market analysis also studies the regional segmentation divided among the North American, European, Asia-Pacific, South American, Middle East & African regions.

Market Profiles

Solvay S.A., 3M Group, Parker Hannifin Corporation, The Lubrizol Corporation, The Merck Group, Novasentis, Inc., Avient Corporation, The Heraeus Group, Ras Labs, LLC, Cedrat Technologies S.A. are some of the major market players in Global Electroactive Polymer Market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Million Tonnes, and CAGR for 2018-2022 and 2023-2028

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Application

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

United States, Mexico, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, South Korea, India, Taiwan, Malaysia, Brazil, Colombia, Argentina, South Africa, Saudi Arabia, UAE

Key Companies Profiled

Solvay S.A., 3M Group, Parker Hannifin Corporation, The Lubrizol Corporation, The Merck Group, Novasentis, Inc., Avient Corporation, The Heraeus Group, Ras Labs, LLC, Cedrat Technologies S.A

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)


Report Scope:

In this report, Global Electroactive Polymer Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Electroactive Polymer, By Type:

o   Conductive Plastics

o   Inherently Conductive Polymers

o   Inherently Dissipative Polymers

·         Electroactive Polymer, By Application:

    • Electrostatic Discharge Protection
    • Electromagnetic Interference Shielding
    • Actuators
    • Capacitors
    • Others

·         Electroactive Polymer, By Region:

    • North America
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • India
      • Taiwan
      • Malaysia
    • South America
      • Brazil
      • Colombia
      • Argentina
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Electroactive Polymer Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Electroactive Polymer Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Type (Conductive Plastics, Inherently Conductive Polymers, Inherently Dissipative Polymers)

5.2.2.    By Application (Electrostatic Discharge Protection, Electromagnetic Interference Shielding, Actuators, Capacitors, and Others)

5.2.3.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.4.    By Company (2022)

5.3.  Market Map

5.3.1.    By Type

5.3.2.    By Application

5.3.3.    By Region

6.    North America Electroactive Polymer Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Application

6.2.3.    By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.    United States Electroactive Polymer Outlook

6.4.1.1.        Market Size & Forecast

6.4.1.1.1.           By Value & Volume

6.4.1.2.        Market Share & Forecast

6.4.1.2.1.           By Type

6.4.1.2.2.           By Application

6.4.2.    Mexico Electroactive Polymer Outlook

6.4.2.1.        Market Size & Forecast

6.4.2.1.1.           By Value & Volume

6.4.2.2.        Market Share & Forecast

6.4.2.2.1.           By Type

6.4.2.2.2.           By Application

6.4.3.    Canada Electroactive Polymer Outlook

6.4.3.1.        Market Size & Forecast

6.4.3.1.1.           By Value & Volume

6.4.3.2.        Market Share & Forecast

6.4.3.2.1.           By Type

6.4.3.2.2.           By Application

7.    Europe Electroactive Polymer Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Application

7.2.3.    By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.    Germany Electroactive Polymer Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.           By Value & Volume

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.           By Type

7.4.1.2.2.           By Application

7.4.2.    France Electroactive Polymer Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.           By Value & Volume

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.           By Type

7.4.2.2.2.           By Application

7.4.3.    United Kingdom Electroactive Polymer Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.           By Value & Volume

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.           By Type

7.4.3.2.2.           By Application

7.4.4.    Italy Electroactive Polymer Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.           By Value & Volume

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.           By Type

7.4.4.2.2.           By Application

7.4.5.    Spain Electroactive Polymer Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.           By Value & Volume

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.           By Type

7.4.5.2.2.           By Application

8.    Asia-Pacific Electroactive Polymer Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Application

8.2.3.    By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.    China Electroactive Polymer Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.           By Value & Volume

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.           By Type

8.4.1.2.2.           By Application

8.4.2.    Japan Electroactive Polymer Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.           By Value & Volume

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.           By Type

8.4.2.2.2.           By Application

8.4.3.    South Korea Electroactive Polymer Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.           By Value & Volume

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.           By Type

8.4.3.2.2.           By Application

8.4.4.    India Electroactive Polymer Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.           By Value & Volume

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.           By Type

8.4.4.2.2.           By Application

8.4.5.    Taiwan Electroactive Polymer Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.           By Value & Volume

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.           By Type

8.4.5.2.2.           By Application

8.4.6.    Taiwan Electroactive Polymer Outlook

8.4.6.1.        Market Size & Forecast

8.4.6.1.1.           By Value & Volume

8.4.6.2.        Market Share & Forecast

8.4.6.2.1.           By Type

8.4.6.2.2.           By Application

8.4.7.    Malaysia Electroactive Polymer Outlook

8.4.7.1.        Market Size & Forecast

8.4.7.1.1.           By Value & Volume

8.4.7.2.        Market Share & Forecast

8.4.7.2.1.           By Type

8.4.7.2.2.           By Application

9.    South America Electroactive Polymer Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Application

9.2.3.    By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.    Brazil Electroactive Polymer Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.           By Value & Volume

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.           By Type

9.4.1.2.2.           By Application

9.4.2.    Colombia Electroactive Polymer Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.           By Value & Volume

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.           By Type

9.4.2.2.2.           By Application

9.4.3.    Argentina Electroactive Polymer Outlook

9.4.3.1.        Market Size & Forecast

9.4.3.1.1.           By Value & Volume

9.4.3.2.        Market Share & Forecast

9.4.3.2.1.           By Type

9.4.3.2.2.           By Application

10. Middle East and Africa Electroactive Polymer Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3.             Pricing Analysis

10.4.             MEA: Country Analysis

10.4.1. South Africa Electroactive Polymer Outlook

10.4.1.1.     Market Size & Forecast

10.4.1.1.1.         By Value & Volume

10.4.1.2.     Market Share & Forecast

10.4.1.2.1.         By Type

10.4.1.2.2.         By Application

10.4.2. Saudi Arabia Electroactive Polymer Outlook

10.4.2.1.     Market Size & Forecast

10.4.2.1.1.         By Value & Volume

10.4.2.2.     Market Share & Forecast

10.4.2.2.1.         By Type

10.4.2.2.2.         By Application

10.4.3. UAE Electroactive Polymer Outlook

10.4.3.1.     Market Size & Forecast

10.4.3.1.1.         By Value & Volume

10.4.3.2.     Market Share & Forecast

10.4.3.2.1.         By Type

10.4.3.2.2.         By Application

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Global Electroactive Polymer: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             Business Overview

15.2.             Product Offerings

15.3.             Recent Developments

15.4.             Financials (In Case of Listed Companies)

15.5.             Key Personnel

15.6.             SWOT Analysis

15.6.1. Solvay S.A.

15.6.2. 3M Group

15.6.3. Parker Hannifin Corporation

15.6.4. The Lubrizol Corporation

15.6.5. The Merck Group

15.6.6. Novasentis, Inc.

15.6.7. Avient Corporation

15.6.8. The Heraeus Group

15.6.9. Ras Labs, LLC

15.6.10.              Cedrat Technologies S.A

16.  Strategic Recommendations

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