EUROPE ELECTROACTIVE POLYMERS MARKET FORECAST 2019-2027

EUROPE ELECTROACTIVE POLYMERS MARKET FORECAST 2019-2027

  • October 2018 •
  • 77 pages •
  • Report ID: 5597363 •
  • Format: PDF
KEY FINDINGS
In the last few years, the usage of electroactive polymers has increased all over the world. The Europe electroactive polymer market is expected to grow at a CAGR of 6.55% during the forecast period of 2019-2027. Increased R&D has been a significant booster for this market.

MARKET INSIGHTS
The Europe electroactive polymer market can be divided into two segments; according to the type and the applications.The various types of EAP in the market include an inherently dissipative polymer (IDP), conductive polymer, and inherently conductive polymer (ICP).

The applications of the EAP market can be further be divided into OLED, batteries, organic/plastic transistors, capacitors, sensors, actuators, solar cells, textiles and fabrics, electrostatic discharge, electromagnetic interference, antistatic packaging etc.The ESD (electrostatic discharge) application is currently dominating the market.

However, the sensor market, which includes gas sensors, odor sensors, chemical sensors and biosensors, is expected to show the fastest growth over the forecast period.

COMPETITIVE INSIGHTS
The major strategy adopted by the companies in order to deal with the competition in the market is by the launch of innovative products.For example, the 3M Company has launched a new brand called as Dyneon that provides EAP with application-specific performance characteristics.

Another brand, Orgacon, comprises of a wide range of proprietary PEDOT/PSS materials along with a product line for printing inks, pastes, and formulations used in electronic devices and in other applications. Other such companies who are trying to apply similar strategies are Parker-Hannifin Corporation, Celanese Corporation, PolyOne Corporation, Merck & Co Inc, the Lubrizol Corporation, Cabot Corporation etc.

Companies mentioned
1. 3M COMPANY
2. AGFA-GEVAERT N.V.
3. BASF SE
4. CABOT CORPORATION
5. CELANESE CORPORATION
6. COVESTRO AG.
7. HERAEUS HOLDING GMBH
8. PARKER HANNIFIN CORPORATION
9. POLYONE CORPORATION
10. PREMIX OY
11. LUBRIZOL CORPORATION