Electroactive Polymers Market size is forecast to reach $4.1 billion by 2026, after growing at a CAGR of 8.1% during 2021-2026. Electroactive polymers such as polyvinylidene fluoride have various advantages over electromechanical ceramics, such as flexible, lightweight, fracture tolerant, piezoelectric effect and easy to mold, owing to which in recent years, electroactive polymers (EAPs) have drawn much attention as actuating materials for robots, micro machines, and many other applications. The rapid growth of the energy generation industry has increased the demand for electroactive polymers; thereby, fueling the market growth.
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