Electroactive polymers market to reach $2.78 billion

According to a new market research report, the global electroactive polymers (EAPs) product market is expected to be worth US$2.78 billion by 2014, growing at a CAGR of 8.3 percent from 2009 to 2014. The North American market is expected to account for nearly 65 percent of the total revenues.

The study names the conductive plastics segment as the largest submarket of the overall electroactive polymers market with an expected US$2.25 billion by 2014 at a CAGR of 7.3 percent from 2009 to 2014. The high market size of conductive plastics follows from its extensive use in electrostatic discharge and electromagnetic interference protection.

The report -- Global Electroactive Polymers Market (2009 - 2014) -- is  published by MarketsandMarkets and aims to identify and analyze products and applications that use electroactive polymers. The report has segmented the global electroactive polymers market as follows:

    
    - Electroactive polymers product market: Conductive plastics,
      Inherently Conductive Polymers (IDPS) and Inherently Dissipative
      Polymers (IDPS)
    - Electroactive polymers application market: OLED, Capacitors,
      Batteries, Organic transistors, Sensors, Solar cells, Actuators,
      Textiles and fabrics, Electromagnetic interference (EMI), Electrostatic
      discharge (ESD), Antistatic packaging, Paints and coatings and others.
    - Electroactive polymers technology market: ICPs doping technology,
      Benefits of ICPs and technical aspects of conductive plastics