TechNavio’s analysts forecast the Global Electroactive Polymers (EAP) market to grow at a CAGR of 7.66 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased use of EAPs in haptic technology which is used in touch screen displays. The Global Electroactive Polymers market has also been witnessing an increase in the number of R and D activities with respect to the development of advanced EAPs. However, the increasing vendor competition leading to reduced prices and profit margins could pose a challenge to the growth of this market. TechNavio’s report, the Global …
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