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Dielectric Elastomer Market
The dielectric elastomer market is likely to witness substantial gains in the forthcoming years. The market growth is attributed to the rising demand for dielectric elastomer in various fields. Dielectric elastomers have been brought in application in transducers, sensors, and actuators.
Dielectric elastomer is, primarily, an elastomer film sandwiched between thin and compliant electrodes. The elastomer expands and contracts when electric field is applied. In addition, the elastomer is able to produce electric field, when mechanical force is provided. Also, it has high permittivity range.
Due to aforementioned properties, dielectric elastomer aids in enhancing the performance of many elastomer incorporated in commercial devices. Basically, it helps in regulating voltage. With the help of dielectric elastomer, the driving voltage can be decreased. Or, it also provides provision of increasing the voltage.
The ability and flexibility offered by dielectric elastomer is opening lucrative opportunities for expansion of global dielectric elastomer market.
Overall, the dielectric elastomer market is at its budding stage. This presents a huge opportunity of growth for new entrants. On the other hand, pioneers are strengthening their foothold in the global dielectric elastomer market by consistently introducing technological innovations. The companies are investing on extensive research and development, so that they can consolidate their position. Some of companies are also undertaking the strategy of merging and acquisition to expand their presence.
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For example, IMeasureU, a New Zealand based firm, collaborated with German Technologies. Together, they introduced the concept of wireless inertial sensors. This stretch sensor will play vital role in bionics application. The sensor has wide application in rehabilitive therapies.
Furthermore, researchers from Los Angeles, California, and China have launched a dielectric elastomer rotary joint. The elastomer is widely applicable for medical and robotics application.
Some of the companies holding significant position in the market are- Eamex Corporation, 3M Company, Kemet Corporation, Bayer Material Science, Stretch sensors limited, Konarka Technologies Inc, IMeasureU, Medipacs Inc, and Danfoss group.
Dielectric Elastomers Market: Overview
- Dielectric elastomers are also known as smart or soft active materials. They belong to electroactive polymers family.
- In dielectric elastomers, an elastomer film is inserted between two compliant electrodes. The elastomeric film is made up of silicon, rubber, acrylic or polyurethane. However, compliant electrodes are either graphite or carbon black based.
- They are capable of contraction and expansion in an electric field. Dielectric elastomers with high permittivity are used to enhance the electric devices performance.
- Dielectric elastomers are very compliant and produced from low cost materials which can be produced as a large area sheet. Furthermore, they have high dielectric constant as well as breakdown strength.
- Dielectric elastomers are widely used as actuators in the manufacturing of motors, pumps, liner actuators, loudspeakers, and robotic actuators
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Key Drivers of Global Dielectric Elastomers Market
- Global dielectric elastomers market is anticipated to show significant growth during the forecast period
- Dielectric elastomers have lucrative opportunities in the regional and global markets due to their widespread applications in sensors, actuators, and transducers
- Dielectric elastomers are used to develop transducers and actuators which are utilized to manufacture various types of products including soft robotics, adaptive optics, haptics, aerospace, power generation, medical, and energy harvesting
- The global dielectric elastomers market is at budding stage and has demonstrated huge market potential with various opportunities for key players
- Key market players are adopting strategies such as collaboration, new product launches, and investment in research & development to develop new technologies. Universities and research institutes are working together to develop new technologies.
- Rise in demand from end-use applications such as robotics, automotive, and biomedical is a key driving factor for the global dielectric elastomers market
Transducers Segment to Offer Lucrative Opportunities
- Based on application, the market can be segmented into transducers, actuators, and sensors
- The transducers segment is anticipated to hold the largest market share of global dielectric elastomers market during the forecast period, followed by actuators and sensors
- Dielectric elastomers are considered as favorable class of polymer-based material to improve the performance of transducers. They are employed in transducers to provide updated and comprehensive insights.
- Dielectric elastomers show substantial electromechanical effect. They are used as soft actuators, generators, and sensors due to this property.
Silicon Rubber Segment to Hold Significant Share of Global Dielectric Elastomers Market
- Based on material type, the dielectric elastomers market can be segmented into silicone rubber elastomer, acrylate elastomer, and polyurethane elastomer
- Silicon rubber elastomer is anticipated to hold major market share of the global dielectric elastomers market. The acrylate elastomer segment is expected to be the second largest material segment, followed by polyurethane.
- Silicon rubber composite is preferred to acrylic elastomer. Acrylic elastomer changes greatly with changing temperature and has slow viscoelastic strain response due to which it is a less preferred material.
- Several types of materials are used for manufacturing of dielectric elastomers, including liquid metals, metallic nano-clusters, graphene, stimuli responsive gels, carbon nano tube, and corrugated or patterned metal films
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Significant Growth Potential in North America
- In terms of region, the global dielectric elastomers market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is anticipated to hold the dominant share in global dielectric elastomers market. The region has presence of key market players and technologically advanced manufacturing facilities.
- North America is estimated to account for highest CAGR during the forecast period. The growth can be attributed to technological advancements. Europe and Asia Pacific are anticipated to show significant market growth rate during the forecast period.
Key Players in Market
The global dielectric elastomers market is consolidated, with few regional and global manufacturers. The players operating in the global dielectric elastomers market seek to enter into research partnerships and collaboration for the development of new technologies and new product launch.
Key players operating in the dielectric elastomers market include:
- 3M Company
- Covestro AG
- Festo
Global Dielectric Elastomers Market: Research Scope
Global Dielectric Elastomers Market, by Material Type
- Silicone Rubber Elastomer
- Acrylate Elastomer
- Polyurethane Elastomer
- Others (carbon nano tube, graphene, metallic nano-clusters, corrugated or patterned metal films, stimuli responsive gels, etc.)
Global Dielectric Elastomers Market, by Application
- Transducers
- Actuators
- Sensors
Global Dielectric Elastomers Market, by Region
- North America
- S.
- Canada
- Europe
- Germany
- France
- K.
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Companies in the Dielectric Elastomers market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.
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