Global Piezoelectric Polymers Market Inside Analysis For 2019-2025
Piezoelectric Polymers Market is
likely to witness an upsurge in its growth path in the coming years due to
developments in the electronics industry. Piezoelectricity is a property in
certain materials, which expand or contract in an electrical field or can
generate an electrical charge when pressure is applied. This characteristic in
polymer comes from the robust molecular dipoles within the molecular chain and
from resulting change of dipole density upon application of a mechanical
stimulus.
Progress in the global electronics
industry will augment the piezoelectric polymers market during the forecast
period. The global electronics industry is likely to grow at a rate of 4% in
the forecast timeframe. The consumer electronics segment has experienced a
rapid growth and generated a revenue of over USD 295 billion in 2018. Out of
this, China generated a revenue of USD 115.5 billion. The revenue is likely to
growth at a pace of 8.4% in the coming years, which drive the product demand as
it is majorly used in generators, actuators, sensors, etc.
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Rising
demand for energy sector will also escalate the demand in the piezoelectric
polymers market, as the product is used in seismic sensors, for pipeline
detection, water metering and solar panels. Other industries such as health,
aerospace, defense, consumer goods, construction, etc also use the product in
their manufacturing process and growth in these industries will subsequently
boost piezoelectric polymers market by 2025.
Polyvinylidene fluoride (PVDF), POLY
(vinylidene fluoride-trifluoroethylene and tetrafluoroethylene) copolymers
P(VDF-TrFE), and others are the various product types in the piezoelectric
market. Others include product like polyamides, liquid crystalline polymers,
polyureas, biopolymers, polyvinyl chloride (PVC), polyacrylonitrile (PAN),
nitrile-substituted polyimide, etc.
Polyvinylidene fluoride (PVDF) and
P(VDF-TrFE) occupies a significant share in the piezoelectric polymers market
due to their unique features. The structural symmetry of the fluorine and
hydrogen atoms along the polymer chain of PVDF gives rise to excellent polarity
effects that stimulates the electromechanical response, dielectric properties,
solubility, crystal morphology, and yield an exceptional high dielectric
constant. Poly (vinylidene fluoride-trifluoroethylene and tetrafluoroethylene)
copolymers also display significant piezoelectric effects.
On the
basis of application, the piezoelectric polymers market is segmented into
actuators, sensors, motors, acoustic devices, generators, transducers, and
others. Sensor is an important application segment in the piezoelectric
polymers market which use a substantial amount of this product. The product is
very sensitive to temperature change. For instance, fingerprint readers are
developed in a way that it is able to sense the temperature differential
between the ridges of the fingerprint. Other characteristics like membrane
forming properties, low permittivity, good chemical resistance, low acoustic
impedances, high thermal stability, and flexibility makes the product a best
fit for making sensors.
This
product is used for a variety of purposes like perimeter monitoring, audio
speakers, asset tracking, vital signs monitoring, voice amplifications, energy
harvesting, acoustic emission, etc. Usage of the product in various industries
would further augment the piezoelectric polymers market.
Asia
Pacific is a fast-growing region with a significant share in the piezoelectric
polymers market. This growth is attributed towards the rising demand for
consumer electronics in this region. Moreover, improving living standards of
the consumers, rising population, and industrialization in the developing
nations is most likely to escalate the demand for the product. Rising demand
from countries like China, India, and Japan would significantly boost the
growth of piezoelectric polymers market in the coming years. Surging demand for
renewables would be a significant driver in the piezoelectric polymers market
as the product is increasingly being used for making photovoltaic cells. These
cells are gaining prominence in the region as they are able to generate
electricity from the mechanical vibrations caused by wind, tide, or rain.
Some of the key market
participants in the global piezoelectric polymers market includes Solvay S.A.,
Arkema, Kureha Corporation, Toray Industries Inc., Polyk Technologies etc.
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Global Piezoelectric Polymers Market Inside Analysis For 2019-2025
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Reviewed by GMI
on
July 17, 2019
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