Electroactive Polymer Market to offer a healthy CAGR of 7.4% during 2020-25
February 13, 2020
Electroactive Polymer Market Overview:
Electroactive Polymer Market is likely to witness an impressive CAGR of 7.4% during the forecast period. Guided by their exceptional properties electroactive polymers find extensive usage in various end-use industries which drives their market globally.
Report Overview:
This new report from Stratview Research analyses the Electroactive Polymer Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Electroactive Polymer Market Segment Insights:
Type: conductive plastics, inherently conductive polymers, and inherently dissipative polymers
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.
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Application Type: electrostatic discharge protection and others
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.
A highly/moderately/fragment consolidated Market
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.
Region: Asia-Pacific is expected to register the highest growth of electroactive polymers
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.
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