Asia Pacific Electroactive Polymers Market Overview and Growth by 2027

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

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)

  • Report Date : May 2021
  • Report Code : TIPRE00022174
  • Category : Chemicals and Materials
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 110

The Asia Pacific electroactive polymers market is expected to grow from US$ 2,547.17 million in 2019 to US$ 4,346.99 million by 2027; it is estimated to grow at a CAGR of 7.0% from 2020 to 2027.



US, Canada, and Mexico are the economies considered in Asia Pacific. The companies are continuously enhancing their overall business processes to meet the customers' demands in the best possible way. Several domestic and international companies operating in the electroactive polymers market have a strong foothold in the Asia Pacific region. The APAC region encompasses an ample number of opportunities for the growth of electroactive polymers. This region has been noticed as one of the prominent markets for the utilization of electroactive polymers. Asia has ranked highest amongst chemicals-producing regions. China is mainly dominating the regional market, followed by other countries such as Japan, Taiwan, Vietnam, Korea, Thailand, Malaysia, and Indonesia. These countries are experiencing rising demand for the manufacturing and automotive industry. Apart from the electroactive polymer's application in the automotive industry, electroactive polymers are extensively utilized in medical devices, aircraft, electronics & appliances, industrial, and other industries. Where static dissipation & controlled conductivity are critical, electroactive or conductive polymers, have the ability to meet the requirements of high-temperature applications, including wire & cable and injection molded parts for petroleum as well as the chemical processing industry.  

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.

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific electroactive polymers market. The demand for electric vehicles is escalating across the world, especially in developed countries of Asia Pacific. With the rising adoption of electric vehicles worldwide, the demand for electroactive polymers is also expected to increase in the coming years. Electroactive polymers are increasingly being used in electric vehicle components such as batteries, capacitors, and sensors. These polymers help enhance the battery life and overall performance of components, which, in turn, enhances the overall vehicle performance. According to the data cited by the International Energy Agency, China was the world's largest market (1.06 million electric cars sold in 2019).
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  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Asia Pacific Electroactive Polymers Market Segmentation



Asia Pacific Electroactive Polymers Market – By Type


  • Conductive Plastic
  • Inherently Conductive Polymer
  • Inherently Dissipative Polymers
  • Others

Asia Pacific Electroactive Polymers Market – By Application


  • Sensors
  • Actuators
  • ESD and EMI Protection
  • Antistatic Packaging
  • Robotics
  • Others

Asia Pacific Electroactive Polymers Market – By Country


  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Asia Pacific Electroactive Polymers Report Scope

Report Attribute Details
Market size in 2019 US$ 2,547.17 Million
Market Size by 2027 US$ 4,346.99 Million
Global CAGR (2020 - 2027) 7.0%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Type
  • Conductive Polymers
  • Inherently Conductive Polymers
  • Inherently Dissipative Polymers
By Application
  • Actuators
  • Sensors
  • Electrostatic Discharge
  • Electromagnetic Interference Protection
  • Antistatic Packaging
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • The Lubrizol Corporation
  • Arkema Group
  • Solvay S.A.
  • Parker Hannifin Corp
  • Celanese Corporation
  • Avient Corporation
  • Agfa-Gevaert Group
  • Kenner Material & System Co., Ltd.
  • 3M
  • Habi Ummer
    Habi Ummer
    Manager,
    Market Research & Consulting

    Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    2. Arkema Group
    3. Solvay S.A.
    4. Parker Hannifin Corp
    5. Celanese Corporation
    6. Avient Corporation
    7. Agfa-Gevaert Group
    8. Kenner Material & System Co., Ltd.
    9. 3M
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