Electroactive Polymers Market Worth 4.4 Billion USD by 2020

PUNE, India, September 18, 2015 /PRNewswire/ --

The report "Electroactive Polymers Market by Type (Conductive Plastics, Inherently Conductive Polymers and Inherently Dissipative Polymers), by Application (Actuators, Antistatic Packaging, Capacitors, and Sensors) - Trends & Forecasts to 2020", published by MarketsandMarkets, The global Electroactive Market is projected to reach USD 4.4 Billion by 2020, signifying firm annualized growth of 7% between 2015 and 2020.

Browse 168 Tables and 83 Figures spread through 253 Pages and in-depth TOC on "Electroactive Polymers Market"

http://www.marketsandmarkets.com/Market-Reports/electroactive-polymers-advanced-technologies-and-global-market-87.html
Early buyers will receive 10% customization on this report.

The market report defines and segments the global electroactive polymers market with analysis and forecast of the market size.

Download Free Sample Pages: http://www.marketsandmarkets.com/pdfdownload.asp?id=87

Electroactive polymers or EAPs, can change their size or shape when stimulated by an external electrical activation mechanism. They are also capable of producing electrical energy in response to a mechanical energy. The global electroactive market is projected to reach USD 4.4 Billion by 2020, signifying firm annualized growth of 7% between 2015 and 2020.

North America - The biggest market for electroactive polymers 

North America dominates the global electroactive polymers market. The North American electroactive polymers market is expected to register a significant growth as there is uninterrupted demand from the electronics (actuators & sensors), EMI shielding, textile & fabrics, automotive, and medical sector. Accounting for 63.9% of the global market, North America is the biggest market for electroactive polymers. Intensive R&D activities in universities and institutional labs in North America and early product commercialization made North America the dominant market of electroactive polymers in 2014.

The U.S. contributes about 84.9% of the overall market in this region, in 2014. EAP applications such as electromagnetic interference, protection against electrostatic discharge, and antistatic packaging are majorly evolved and adopted in the electronic industry. Thus, with the increasing demand for electronic products, EAP applications are also expected to mark great progress.

Conductive Plastics - The fastest-growing EAPs in various applications 

Conductive plastics are the largest electroactive polymers type in the global electroactive polymers market. Europe and North America are currently the largest consumers of conductive plastics and accounted for 69.4% of the total market size in 2014. Conductive plastics offer high conductivity and are available at lower costs due to the elimination of secondary processes. In addition to this, conductive plastics are as easily moldable as normal plastics while maintaining high conductivity. The major applications of conductive plastics are antistatic packaging, ESD protection, electrostatic coatings, and EMI/RFI shielding.

Electrostatic Discharge (ESD) Protection - The major application for electroactive polymers 

The major application of electroactive polymers is electrostatic discharge protection. This application is expected to dominate the global electroactive polymers market. Electrostatic discharge application accounts for 30.2% of the total electroactive polymers market. In North America, the electrostatic discharge application occupies the highest share of 31.1% in the overall electroactive polymers market in the region. The U.S. is the most dominant region in electrostatic discharge application, followed by Canada, and Mexico. Some of the fast-growing markets of electroactive polymers in the electrostatic discharge application are Germany, the U.K., Japan, and China.

The U.S. and China are at the forefront of electroactive polymers consumption, while Canada, Mexico, Japan, and the U.K., and are other key markets for electroactive polymers. Japan is the key market in Asia-Pacific, consuming more than half of the overall demand for electroactive polymers of the region. Japan is followed by China, and India, where consumption is growing at a steady rate. This growth is mainly attributed to the rapid industrialization increasing technological advancement currently taking place in the region.

Browse Related Reports: 

Motion Control Market by Component (Motors, Electric Drives, Motion Controllers, and AC motors), Technology (GMC and CNC), Application (Metal & Machinery, Semiconductors & Electronics, and Food & Beverage), and Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/motion-control-market-98406125.html

Haptics Technology Market by Technology (Tactile & Force Feedback), by Components (Actuators, Drivers & Controllers, Sensors, Software), Application (Consumer, Automotive, Medical), and Geography - Analysis and Forecast up to 2020
http://www.marketsandmarkets.com/Market-Reports/haptic-technology-market-443.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets