Press release
Electroactive Polymers Market to Witness Robust Expansion by 2024
Electroactive Polymers are polymers that exhibit a change in size or shape when stimulated by an electric field. A typical characteristic property of an EAP is that they will undergo a large amount of deformation while sustaining large forces. In the field of “active materials”, electroactive polymers stand out due to their large active deformation potential, high response speed, low density and improved resilience. They are extremely lightweight, inexpensive, fracture tolerant and compliant.
The global Electroactive Polymers market is valued at 3452.70 million USD in 2017 and is expected to reach 5891.34 million USD by the end of 2024, growing at a CAGR of 7.06% between 2018 and 2024. The global Electroactive Polymers sales volume is valued at 267.7 K MT in 2017 and is expected to reach 446.9 K MT by the end of 2024, growing at a CAGR of 8.92%% between 2018 and 2024.
According to this study, over the next five years the Electroactive Polymers market will register a 7.4% CAGR in terms of revenue, the global market size will reach US$ 5467.1 million by 2024, from US$ 4101.7 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electroactive Polymers business, shared in Chapter 3.
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This report presents a comprehensive overview, market shares, and growth opportunities of Electroactive Polymers market by product type, application, key manufacturers and key regions and countries.
This study considers the Electroactive Polymers value and volume generated from the sales of the following segments:
Market Segment by Manufacturers, this report covers
Moog
Schneider Kreuznach
Bosch Rexroth
Honeywell
Eaton Vickers
Parker
Atos
Woodward
EMG
Voith
Star Hydraulics
Duplomatic
YUKEN
AVIC
Team Cooperation
Oilgear
Qinfeng
CSIC
Market Segment by Type, covers
Nozzle Flapper Valve
Jet Action Valve
Dynamic Valve
Market Segment by Applications, can be divided into
Aerospace
Steel Industry
Power Industry
Chemical Industry
Others
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Related Information:
North America Electroactive Polymers Market Growth 2019-2024
United States Electroactive Polymers Market Growth 2019-2024
Asia-Pacific Electroactive Polymers Market Growth 2019-2024
Europe Electroactive Polymers Market Growth 2019-2024
EMEA Electroactive Polymers Market Growth 2019-2024
Global Electroactive Polymers Market Growth 2019-2024
China Electroactive Polymers Market Growth 2019-2024
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