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Marketsandmarkets: Global Electroactive Polymers Product Market Worth US$2.78 Billion By 2014

Posted on: Thursday, 5 November 2009, 06:00 CST

WILMINGTON, Delaware, November 5 /PRNewswire/ -- According to a new market research report, 'Global Electroactive Polymers Market (2009 - 2014)', published by MarketsandMarkets (http://www.marketsandmarkets.com), the global electroactive polymers product market is expected to be worth US$2.78 billion by 2014, growing at a CAGR of 8.3% from 2009 to 2014. The North American market is expected to account for nearly 65% of the total revenues.

Browse 45 market data tables and in-depth TOC on Electroactive Polymers market. Early buyers will receive 10% customization of reports

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Technological developments in the electronics and semiconductor industries have led to the creation of polymers that change shape on the application of voltage. The biggest application for electroactive polymers (EAPs) lies in their future use as actuators and sensors, which in turn opens up a huge spectrum of applications in the fields of electronics, healthcare, sensing, and solar energy generation. With the growing market for each of these applications, EAP is set to become a mainstream market in the next five years. However, the technical specifications for each application differ widely, and extensive research and investments are still needed for developing application-specific EAPs. As the EAP market is still in the early phase, it presents a lot of advantages for the early movers. As there are not too many companies involved now, detailed knowledge of the competitors will be crucial for the success of each company.

The conductive plastics segment forms the largest submarket of the overall electroactive polymers market, with an expected US$2.25 billion by 2014 at a CAGR of 7.3% from 2009 to 2014. The high market size of conductive plastics follows from its extensive use in electrostatic discharge and electromagnetic interference protection. Intensive R&D efforts, early product commercialization, and the high absorption rate of electronic products made North America the dominant market in 2008. The region held a 64% share of the global electroactive polymers product market, followed by Europe with a 22% share in the same year.

Scope of the report

This report aims to identify and analyze products and applications that use electroactive polymers. The report has segmented the global electroactive polymers market as follows:

Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide more than 45 market tables for various geographic regions covering the sub-segments and micro-markets. In addition, the report also provides more than 30 company profiles for each of its sub-segments.

Analyst Briefing Presentation on the Global Electroactive Polymers Market to Be Held On 23rd Nov 2009

The advanced materials practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Electroactive polymers market to be held on 23rd Nov 2009.

To register your participation, please click here http://www.marketsandmarkets.com/AnalystBriefing/electroactive-polymers.asp

About MarketsandMarkets

MarketsandMarkets is a research and consulting firm that publishes 120 market research reports per year. Each strategically analyzed report contains 250 pages of valuable market data, including more than 100 market data summary tables and in-depth, five-level segmentation for each of the products, services, applications, technologies, ingredients and stakeholders categories. Our reports also analyze about 200 patents, over 50 companies and micro markets that are mutually exclusive and collectively exhaustive. Browse all our 120 titles at http://www.marketsandmarkets.com.

SOURCE Markets and Markets

Source: PR Newswire

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