Global Electro Active Polymers Market

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Global Electro Active Polymers Market grow at a
CAGR of 7.6 during 2019-2026 The global
electro active polymers market was valued at USD
4.12 billion in 2018 and is expected to reach
USD 7.31 billion in 2026, growing at a CAGR of
7.6 during the forecast period. Piezoelectric
materials are those materials that are
incorporated into a vehicle for a variety of
functions. The various devices used in a vehicle
are actuators, injectors, and sensors
controlling, adjusting and sensing a wide range
of systems. This system allows precise, reliable
control with repeatability and accuracy even for
billions of cycles. The technology allows varied
advantages for automotive applications such as
performance, fuel economy, and safety, in the
vehicle where failure could lead to major
problems. In a vehicle the major piezoelectric
devices used are airbag sensor, airflow sensor,
audible alarms, fuel atomizer, keyless door
entry, seat belt buzzers, knock sensors, power
generation in tires and so on. Piezoelectric
sensors find various applications for the
measurement of various processes. The sensors are
used for quality assurance, process control, in
the machinery equipment and for research and
development purposes. The sensors are successful
in many applications including medical,
aerospace, nuclear instrumentation, automotive.
They are also finding a new application such as
mobile phones, wearables and so on. Get
Exclusive Sample Copy of Global Electro Active
Polymers Market _at_ https//www.alltheresearch.com/
sample-request/276 Electro active polymers are a
field of material that demonstrates large strain
in response to electrical fields. These
actuators closely emulate the stimulus-response
capacities of animal muscle and so are often
referred to as artificial muscles. A
non-exhaustive list of potential EAP material
applications includes biomimetic such as
artificial muscles, active catheters, and
biomimetic robots, tactile displays such as
refreshable braille devices, and unmanned
vehicles including aerial, underwater, and
aerospace devices. The inherently conductive
polymers segment is expected to grow at the
fastest rate, a CAGR of 8.7, during the
forecast period Based on type, the market has
been segmented into inherently conductive
polymers, conductive plastics, inherently
dissipative polymers, and others. Among these
types of electro active polymers, the inherently
conductive polymers segment is projected to
exhibit the fastest growth in the global market
during the forecast period. This growth can be
attributed to its several advantageous factors,
such as solubility along with its ability of
modifying the shape by motion or by diffusion of
ions. Based on application, the actuators
segment contributes a major share in the global
market
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Based on applications, the market has been
segmented into actuators, sensors, EMI ESD
shielding, antistatic packaging, and others. In
2018, the actuators segment accounted to
register a remarkable share of 31 in the market.
This is mainly owing to the increasing
application of electro active polymers in
actuators, as it possesses operational
efficiency over conventional materials. The major
advantage actuators is its reliability and they
are maintenance-free therefore, it can be
operated billions of times without incurring
wear or deterioration. For Other Requirement_
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Asia Pacific to exhibit the fastest growth in the
global market throughout the forecast
period Asia Pacific is projected to witness the
fastest growth rate, at a CAGR of 9.2, in
the global electro active polymers market during
the forecast period. This growth is mainly
attributed to the presence of largest electronic
sector in China and Japan. Moreover, the
favourable government regulations and the
presence of significant number of electro active
polymers, is another factor that significantly
drives the growth of the market in Asia
Pacific. Company Profiles and Competitive
Intelligence The major players operating in the
global electro active polymers market are
Solvay S.A. (Belgium), Parker Hannifin Corp.
(US), 3M Company (US), Merck KGaA (Germany), The
Lubrizol Corporation (US), Novasentis Inc. (US),
Premix Group (Finland), PolyOne Corporation (US),
Arkema Group (France), and CEDRAT TECHNOLOGIES
SA (France), among others. Continue..... More
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