Electroactive Polymer Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Conductive Plastics, Inherently Conductive Polymers, Inherently Dissipative Polymers), Application (Electrostatic Discharge Protection, Electromagnetic Interference Shielding, Actuators, Capacitors, and Others), By Region, and Competition

Abstract
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).
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.

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:
oConductive Plastics
oInherently Conductive Polymers
oInherently Dissipative Polymers
•Electroactive Polymer, By Application:
oElectrostatic Discharge Protection
oElectromagnetic Interference Shielding
oActuators
oCapacitors
oOthers
•Electroactive Polymer, By Region:
oNorth America
United States
Mexico
Canada
oEurope
Germany
France
United Kingdom
Italy
Spain
oAsia-Pacific
China
Japan
South Korea
India
Taiwan
Malaysia
oSouth America
Brazil
Colombia
Argentina
oMiddle 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).

Content
Table of Contents

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