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Global Electroactive Polymers (EAPs) Market to Reach $5.8 Billion by 2026

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FACTS AT A GLANCE
Edition: 15; Released: April 2021
Executive Pool: 5408
Companies: 69 – Players covered include 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 and Others.
Coverage: All major geographies and key segments
Segments: Type (Conductive Plastics, Inherently Conductive Polymers, Inherently Dissipative Polymers); Application (Electrostatic Discharge Protection, Electromagnetic Interference Shielding, Actuators, Capacitors, Batteries, Sensors, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Electroactive Polymers (EAPs) Market to Reach $5.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Electroactive Polymers (EAPs) estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$5.8 Billion by 2026, growing at a CAGR of 6.5% over the analysis period. Conductive Plastics, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$3.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Inherently Conductive Polymers segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.3 Billion in 2021, While China is Forecast to Reach $1 Billion by 2026
The Electroactive Polymers (EAPs) market in the U.S. is estimated at US$1.3 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2026 trailing a CAGR of 6.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Inherently Dissipative Polymers Segment to Reach US$1.2 Billion by the year 2026
In the global Inherently Dissipative Polymers segment, USA, Canada, Japan, China and Europe will drive the 6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$694.7 Million in the year 2020 will reach a projected size of US$1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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Source: https://www.prnewswire.com:443/news-releases/global-electroactive-polymers-eaps-market-to-reach-5-8-billion-by-2026–301376751.html

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