Albany, NY -- (SBWIRE) -- 06/15/2015 -- Polymers exhibiting change in their size and shape in the presence of an electric field are referred to as electroactive polymers. They are most commonly used in sensors and actuators, as they can withstand large force. Conductive plastics emerged as the leading type of electroactive polymer which accounted for approximately 84.2% of the total electroactive market revenue in 2011.

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North America was the biggest market for electroactive polymers followed by Europe and Asia Pacific. Some of the major factors driving the global market for electroactive polymers include growing need for low cost and light weight materials in the electronics market. However, the market is inhibited by volatile pricing. Asia Pacific with two of the fastest growing economies in the world, China and India due to rapid industrialization, is expected to drive the global market for electroactive polymers in the near future.

Some of the major participants in the global electroactive polymers market include big multinational companies like 3M, Bayer MaterialScience AG, Konarka Technologies Inc., Du Pont de Nemours and Company, Panasonic Corporation, Eamex Corporation, Sigma-Aldrich Corporation, Creganna and so on. This report is designed to analyze the performance of electroactive polymers at a global level and provides in depth analysis of the factors which are driving and restraining the global market. The global market for electroactive polymers has been estimated and forecasted from 2012 to 2018 both in terms of volumes and revenues. This report segments the global market by type and geography.

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