According to Technavio’s latest market research study, the global electroactive polymers market is expected to grow at a CAGR of more than 7% during the forecast period 2017-2021.
This report by Technavio provides an in-depth analysis of the global electroactive polymers market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the product type
Click here to request a free sample of this report
The top three revenue contributing product segments are discussed below
Global market for conductive plastics: The extensive application of electroactive polymers for the prevention of electrostatic discharge (ESD) and electromagnetic interference (EMI) is driving the growth of this market segment. These ESD protected plastics are a cost-effective solution that protects the circuit devices, and electric components from severe damage during power outages. The vendors in the market are focusing on the development of static dissipative or electrically conductive plastics that help protect the electronics from damage.
“Conductive plastics are sometimes made of polyphenylene-based resins that have high temperature and chemical resistant properties and find applications in the manufacturing of vehicle components. These materials are selected as it imparts strength, toughness, dimensional stability, and good mechanical and electrical properties,” says Mahitha Mallishetty, a lead analyst at Technavio for research on plastics, polymers, and elastomers.
Global market for ICPs: These materials are developed by the NASA with properties that include increased solubility and processability. These polymers are environmentally safe and are made from sulfonated lignin or lignosulfonate and find applications in various ESD-protected material handling products. Some of these products include circuit board racks, tote bins, organic light-emitting diodes (OLEDs), and bipolar plates for fuel cells.
Global market for IDPs: The extensive use of the polymers in plastic part and packaging as permanent additives that prevent the attraction of dust has led to the growth of this market segment. These materials are used for manufacturing housing of electric appliances, components for cleanroom, packaging, office machines, toner packaging, and trays for electrically sensitive parts.
Ask an analyst to know more about this report
The top vendors operating in the global electroactive polymers market are:
- 3M
- Agfa-Gevaert
- Celanese
- Covestro
- Merck
- Parker Hannifin
Other prominent vendors in the market include Sumitomo Chemical, Arkema, Solvay, KEMET Corporation, and Optotune.
A more detailed analysis is available in the Technavio report titled, ‘Global Electroactive Polymers Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Biodegradable Polymers Market 2017-2021
- Global Bioplastics Market 2016-2020
- Global Smart Polymers Market 2016-2020
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
