electroactive polymers market in Europe 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 demand for electric vehicles is escalating across the world, especially in developed countries of North America and Europe. 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, in a sustainable development scenario, electric vehicles are expected to account for 13% of the Europe car fleet by 2030, with an average annual growth rate of 36% per year during 2019–2030. As per the report published by the Wall Street Journal Sales of plug-in electric vehicles in Europe rose 137% to 1.4 million vehicles last year, outpacing China, which recorded a 12% increase to 1.3 million.

Get Sample Copy of this Europe Electroactive Polymers market research report at - https://www.businessmarketinsights.com/sample/TIPRE00022173

The electroactive polymers market in Europe 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.

Company Profiles

The Lubrizol Corporation
Arkema Group
Solvay S.A.
Parker Hannifin Corp
Celanese Corporation
Avient Corporation
Agfa-Gevaert Group
Premix Group
3M

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Electroactive Polymers market. The researcher provides an extensive analysis of the Europe Electroactive Polymers market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

By Type

Conductive Plastic
Inherently Conductive Polymer
Inherently Dissipative Polymers
Others

By Application

Sensors
Actuators
ESD and EMI Protection
Antistatic Packaging
Robotics
Others

By Country

Germany
France
UK
Italy
Russia
Rest of Europe

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key player in the Europe Electroactive Polymers market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Electroactive Polymers market segments and regions.

Order a Copy of this Europe Electroactive Polymers market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00022173

The research on the Europe Electroactive Polymers market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Electroactive Polymers market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Electroactive Polymers market.

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This release was published on openPR.