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Electroactive Polymers (EAPs): Global Strategic Business Report

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    Report

  • 207 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 450619

Global Electroactive Polymers (EAPs) Market to Reach $9.4 Billion by 2030

The global market for Electroactive Polymers (EAPs) estimated at US$5.9 Billion in the year 2022, is projected to reach a revised size of US$9.4 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Conductive Plastics, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$4.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Inherently Conductive Polymers segment is readjusted to a revised 6.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 5.4% CAGR

The Electroactive Polymers (EAPs) market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Select Competitors (Total 69 Featured) -

  • Agfa-Gevaert N.V.
  • BASF SE
  • Cabot Corporation
  • Celanese Corporation
  • Heraeus Deutschland GmbH & Co. KG
  • Hyperion Catalysis International
  • KEMET Corporation
  • MacDermid Performance Solutions
  • Parker Hannifin Corporation
  • PolyOne Corporation
  • Premix OY
  • Rieke Metals Inc.
  • RTP Company
  • Solvay SA
  • The Lubrizol Corporation

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • The Era of Intelligent Materials Throws the Commercial Spotlight on Electroactive Polymers
  • Recent Market Activity
  • Why Electroactive Polymers (EAPs) are an Exciting Field of Electrochemistry?
  • Increasing Usage in Myriad Applications Signals Promising Growth for EAPs
  • Dielectric Elastomers: The Most Popular EAP Material for Actuators & Electromechanical Transducers
  • Market Outlook
  • The US Electroactive Polymers Market: Largest in the World
  • Asia-Pacific: The Focal Point for Future Growth
  • Conductive Plastics Lead the Way in the EAPs Market
  • Intrinsically Conductive Polymers (ICPs): The Fastest Growing EAP Material
  • Competition
  • Electroactive Polymers (EAPs) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Agfa-Gevaert N.V. (Belgium)
  • BASF SE (Germany)
  • Cabot Corporation (USA)
  • Celanese Corporation (USA)
  • Heraeus Deutschland GmbH & Co. KG (Germany)
  • Hyperion Catalysis International (USA)
  • KEMET Corporation (USA)
  • MacDermid Performance Solutions (USA)
  • Parker Hannifin Corporation (USA)
  • PolyOne Corporation (USA)
  • Premix OY (Finland)
  • Rieke Metals Inc. (USA)
  • RTP Company (USA)
  • Solvay SA (Belgium)
  • The Lubrizol Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Focus on Sustainable Development of Intelligent Materials Spurs Growth in the Current Post Recession Period
  • Demand for Shape-Shifting Electronics Unveils Opportunities for Intelligent Polymers & Drives the Commercial Value of EAPs
  • Evolving Applications in Molecular Electronics to Fuel Long-Term Growth in the Market
  • Growing Use in Printed Electronics, E-Textiles & Electronic Wearables to Spur Growth of EAPs
  • Sensors, Sensing & Actuator Applications The Trinity of Fastest Growing End-Use Markets
  • Emerging Era of Ubiquitous Intelligent Sensing Spurs Opportunities for New Sensor Materials
  • Growing Focus on Industrial Automation & Motion Control Fuels Demand for EAP Based Actuators
  • Growing Trend Towards Robot Lightweighting & Development of Soft Robots to Spur Interest in EAPs
  • Surging Interest in Biomimetics & Biomedicine Spurs R&D Focus on EAPs as Biomimetic Materials
  • Focus on Smart Biomaterials to Fuel Long-Term Opportunities for Biocompatible Conducting Polymers in the Healthcare Sector
  • Use of Electroactive Polymers for Electronics Protection
  • Proliferation of Electronic Devices Drives the Need for Electromagnetic Interference (EMI) Shielding
  • EAPs as Electrostatic Discharge (ESD) Protection Materials
  • Growing Focus on Environmental Conservation Throws the Focus on EAPs for Energy Harvesting
  • Novel Bottlebrush EAP Makes Feasible the Application of Dielectric Elastomers in Devices
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Electroactive Polymers (EAPs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Electroactive Polymers (EAPs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Electroactive Polymers (EAPs) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Conductive Plastics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Conductive Plastics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Conductive Plastics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Inherently Conductive Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Inherently Conductive Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Inherently Conductive Polymers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Inherently Dissipative Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Inherently Dissipative Polymers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Inherently Dissipative Polymers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Electrostatic Discharge Protection by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Electrostatic Discharge Protection by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Electrostatic Discharge Protection by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Electromagnetic Interference Shielding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Electromagnetic Interference Shielding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Electromagnetic Interference Shielding by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Actuators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Actuators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Actuators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Capacitors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Capacitors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Capacitors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Batteries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for Sensors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 32: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 33: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 34: World Electroactive Polymers (EAPs) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Electroactive Polymers (EAPs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Agfa-Gevaert N.V.
  • BASF SE
  • Cabot Corporation
  • Celanese Corporation
  • Heraeus Deutschland GmbH & Co. KG
  • Hyperion Catalysis International
  • KEMET Corporation
  • MacDermid Performance Solutions
  • Parker Hannifin Corporation
  • PolyOne Corporation
  • Premix OY
  • Rieke Metals Inc.
  • RTP Company
  • Solvay SA
  • The Lubrizol Corporation

Table Information