Asia Pacific Electroactive Polymers Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Conductive Polymers, Inherently Conductive Polymers, Inherently Dissipative Polymers, and Others), Application (Actuators, Sensors, Electrostatic Discharge (ESD) and Electromagnetic Interference (EMI) Protection, Antistatic Packaging, and Others)

Market Introduction

The Asia Pacific electroactive polymers market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The economy of Australia is known as a highly developed market economy. The Australian economy is mainly dominated by its service sector, comprising 62.7% of the GDP and also employing 78.8% of the labor force in 2017. However, medical, automotive, consumer electronics, construction & manufacturing, mining, oil & gas, and other industries are also contributing to the nation’s GDP. These industries are the major user of electroactive polymers in their electronic system and influencing the market growth. The range of Chinese goods includes iron, steel, aluminum, textiles, cement, chemicals, toys, electronics, rail cars, ships, aircraft, and many other products. All these industries are using a wide range of electroactive polymers in their products and contributing to the growth of the electroactive polymers market. Rising awareness about the benefits offered by the electroactive polymers, a growing safety concern for the electronic system, and multi-functional usage of electroactive polymers in the manufacturing, consumer electronics, aircraft manufacturing, industrial sector, and others are acting as a major driver for the Japanese market. The growing population is further propelling the demands of electronics, automobiles, and electric vehicles, transportation, and others, which in turn lead to the electroactive polymers market growth in India.

Asia Pacific, especially India, witnessed an unprecedented rise in number of COVID-19 cases, which led to the discontinuation of electroactive polymers manufacturing activities; other chemical and materials manufacturing sector has subsequently impacted the demand for electroactive polymers during the early months of 2020. Moreover, decline in the overall manufacturing activities has led to discontinuation of electroactive polymers components manufacturing projects, thereby reducing the demand for electroactive polymers. Similar trend was witnessed in other Asia Pacific countries such as Australia, Japan, and China. However, the countries are likely to overcome this drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

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Market Overview and Dynamics

The electroactive polymers market in Asia Pacific is expected to grow from US$ 462.91 million in 2019 to US$ 741.70 million by 2027; it is estimated to grow at a CAGR of 6.2% from 2020 to 2027. The field of biomimetics presents lucrative applications for electroactive polymer companies; the field deals with the models, systems, and elements of nature to solve complex human problems. Under these applications, electroactive polymers are used to mimic the functioning of muscles. The industry is still in a growth stage, witnessing continuous investments in the development of artificial intelligence (AI) with major focus on artificial muscles and vision. Electroactive polymers offer resilience, and large actuation, flexibility, and tolerance to damage due to which they are being used to fabricate muscles with the capabilities of biological muscles. In the recent past, machines have been made that imitate fish, birds, plants, and insects. For instance, Eamex Corporation developed an electroactive polymer-based fish known as floajet. However, the suitable properties of electroactive polymers desired for biomimetic performance such as density, strain, speed, efficiency, and actuation pressure is yet to confirm.

Key Market Segments

Based on application, the ESD and EMI protection segment accounted for the largest share of the Asia Pacific electroactive polymers market in 2019. Based on type, the inherently conductive polymer segment held a larger market share of the Asia Pacific electroactive polymers market in 2019. Side effects caused due to an electrostatic discharge (ESD) is an induced EMI (electromagnetic interference). The effects of undesired electromagnetic radiation or EMI on ungrounded or unshielded conductors are commonly underestimated. An ESD protection device can protect a circuit from an electrostatic discharge (ESD) to prevent a malfunction or breakdown of any electronic device. Electroactive polymers are utilized in such devices for EDS protection since these polymers have high physical & mechanical strength and anti-static properties. The inherently conductive polymer is a family of specialty conductive thermoplastic compounds, which fulfill uniform and precise surface resistivity throughout a resistivity spectrum from strong ESD to strong anti-static. These polymers are quite suited for disk-drive components, wafer processing, and cleanroom applications. They are advantageous in automotive applications needing static discharge protection like fuel system components.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Asia Pacific electroactive polymers market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are include Lubrizol Corporation, Arkema Group, Solvay S.A., Parker Hannifin Corp, Celanese Corporation, Avient Corporation, Agfa-Gevaert Group, Kenner Material & System Co., Ltd., Premix Group and 3M.

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To understand the Asia Pacific electroactive polymers market landscape and identify market segments that are most likely to guarantee a strong return
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Obtain market revenue forecast for market by various segments from 2020-2027 in Asia Pacific region.

ASIA PACIFIC ELECTROACTIVE POLYMERS MARKET SEGMENTATION

By Type

Conductive Plastic
Inherently Conductive Polymer
Inherently Dissipative Polymers
Others

By Application

By Country

Company Profiles

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Asia Pacific Electroactive Polymer Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Expert Opinion

4.4 Customization – Qualitative Information on Polymer Usage as Synthetic Finger Pad on Robotic Grippers

5. Asia Pacific Electroactive Polymers Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Widespread Applications of Electroactive Polymers and Components Made from Them

5.1.2 Surge in the Demand for Smart Electronics

5.2 Market Restraints

5.2.1 Negative Impact of Electroactive Polymers on the Environment

5.3 Market Opportunities

5.3.1 Use of Electroactive Polymers in Biomimetic Application

5.4 Future Trends

5.4.1 Increase in the Adoption of Electric Vehicles

5.5 Impact Analysis of Drivers and Restraint

6. Electroactive Polymers – Asia Pacific Market Analysis

6.1 Electroactive polymers Market Overview

6.2 Asia Pacific Electroactive Polymers Market –Revenue and Forecast To 2027 (US$ Million)

7. Asia Pacific Electroactive Polymer Market Analysis – By Type

7.1 Overview

7.2 Electroactive Polymer Market, By Type (2019 and 2027)

7.3 Conductive Plastic

7.3.1 Overview

7.3.2 Conductive Plastic: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

7.4 Inherently Conductive Polymers

7.4.1 Overview

7.4.2 Inherently Conductive Polymers: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

7.5 Inherently Dissipative Polymers

7.5.1 Overview

7.5.2 Inherently Dissipative Polymers: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

7.6 Others

7.6.1 Overview

7.6.2 Others: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

8. Asia Pacific Electroactive Polymer Market Analysis – By Application

8.1 Overview

8.2 Electroactive Polymer Market, By Application (2019 and 2027)

8.3 Actuators

8.3.1 Overview

8.3.2 Actuators: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

8.4 Sensors

8.4.1 Overview

8.4.2 Sensors: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

8.5 ESD and EMI Protection

8.5.1 Overview

8.5.2 ESD and EMI Protection: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

8.6 Antistatic Packaging

8.6.1 Overview

8.6.2 Antistatic Packaging: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

8.7 Robotics

8.7.1 Overview

8.7.2 Robotics: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

8.8 Others

8.8.1 Overview

8.8.2 Others: Electroactive Polymer Market – Revenue and Forecast to 2027 (US$ Mn)

9. Asia Pacific Electroactive Polymers Market – Country Analysis

9.1 Overview

9.1.1 Asia Pacific: Electroactive Polymers Market, by Key Country

9.1.1.1 Australia: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

9.1.1.1.1 Australia: Electroactive Polymers Market, by Type

9.1.1.1.2 Australia: Electroactive Polymers Market, by Application

9.1.1.1.3 China: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

9.1.1.1.4 China: Electroactive Polymers Market, by Type

9.1.1.1.5 China: Electroactive Polymers Market, by Application

9.1.1.2 Japan: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

9.1.1.2.1 Japan: Electroactive Polymers Market, by Type

9.1.1.2.2 Japan: Electroactive Polymers Market, by Application

9.1.1.3 India: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

9.1.1.3.1 India: Electroactive Polymers Market, by Type

9.1.1.3.2 India: Electroactive Polymers Market, by Application

9.1.1.4 South Korea: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

9.1.1.4.1 South Korea: Electroactive Polymers Market, by Type

9.1.1.4.2 South Korea: Electroactive Polymers Market, by Application

9.1.1.5 Rest of Asia Pacific: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

9.1.1.5.1 Rest of Asia Pacific: Electroactive Polymers Market, by Type

9.1.1.5.2 Rest of Asia Pacific: Electroactive Polymers Market, by Application

10. Impact Of COVID-19 Pandemic on Asia Pacific Electroactive Polymer Market

10.1 Overview

10.2 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11. Key Company Profiles

11.1 The Lubrizol Corporation

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.2 Arkema Group

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.3 Solvay S.A.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.4 Parker Hannifin Corp

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.5 Celanese Corporation

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.6 Avient Corporation

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.1 Key Developments

11.7 Agfa-Gevaert Group

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.8 Kenner Material & System Co., Ltd.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.9 3M

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.10 Premix Group

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES

Table 1. Asia Pacific Electroactive Polymers Market –Revenue and Forecast To 2027 (US$ Million)

Table 2. Australia Electroactive Polymers Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 3. Australia Electroactive Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 4. China Electroactive Polymers Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 5. China Electroactive Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 6. Japan Electroactive Polymers Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 7. Japan Electroactive Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 8. India Electroactive Polymers Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 9. India Electroactive Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 10. South Korea Electroactive Polymers Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 11. South Korea Electroactive Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 12. Rest of Asia Pacific Electroactive Polymers Market, by Type – Revenue and Forecast to 2027 (USD Mn)

Table 13. Rest of Asia Pacific Electroactive Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)

Table 14. Glossary of Terms, Electroactive Polymer Market

LIST OF FIGURES

Figure 1. Electroactive Polymers Market Segmentation

Figure 2. Asia Pacific Electroactive Polymers Market Segmentation – By Country

Figure 3. Asia Pacific Electroactive Polymers Market Overview

Figure 4. Inherently Conductive Polymer Segment Held Largest Share of Asia Pacific Electroactive Polymers Market

Figure 5. China is Expected to Show Remarkable Traction During the Forecast Period

Figure 6. Asia Pacific Electroactive Polymer Market, Industry Landscape

Figure 7. APAC: PEST Analysis

Figure 8. Expert Opinion

Figure 9. Electroactive Polymers Market Impact Analysis of Driver and Restraint

Figure 10. Asia Pacific: Electroactive Polymers Market – Revenue and Forecast To 2027 (US$ Million)

Figure 11. Electroactive Polymer Market Revenue Share, By Type (2019 and 2027)

Figure 12. Conductive Plastic: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 13. Inherently Conductive Polymers: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 14. Inherently Dissipative Polymers: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 15. Others: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 16. Electroactive Polymer Market Revenue Share, By Application (2019 and 2027)

Figure 17. Actuators: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 18. Sensors: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 19. ESD and EMI Protection: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 20. Antistatic Packaging: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 21. Robotics: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 22. Others: Electroactive Polymer Market – Revenue and Forecast To 2027 (US$ Mn)

Figure 23. Asia Pacific: Electroactive Polymers Market Revenue Share, by Key Country (2019 and 2027)

Figure 24. Australia: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 25. China: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 26. Japan: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 27. India: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 28. South Korea: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 29. Rest of Asia Pacific: Electroactive Polymers Market –Revenue and Forecast to 2027 (US$ Mn)

Figure 30. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Electroactive Polymers market.
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Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific Electroactive Polymers market, as well as those hindering it
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