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IDTechEx Research has found that the electroactive polymer (EAP) market will be worth US$245M in 2013. The materials have been used for some time in actuators, capacitors and nanocomposites but, with new recent technical progress, come new growth opportunities – despite several decades of R&D and first applications, the EAP field is still far from mature.
The market potential is forecast to be US$2.25bn by 2018, dominated by consumer electronics, actuators and sensors applications. The report ‘Electroactive Polymers and Devices 2013-2018: Forecasts, Technologies, Players’ explores the market for the next six years