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)

Publication Month: May 2021 | Report Code: TIPRE00022174 | No. of Pages: 110 | Category: Chemicals and Materials | Status: Published

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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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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

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  

  1. The Lubrizol Corporation
  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
  10. Premix Group
  • 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.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Electroactive Polymers market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • 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
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00022174
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