The Global Self-Healing Materials Market accounted for USD 90.2 million in 2016 and is projected to grow at a CAGR of 95.2% during the forecast period of 2017 to 2024.
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The “Global Self-Healing Materials Market, By Form (Extrinsic, Intrinsic); By Material Type (Concrete, Coatings, Polymers, Asphalt, Ceramic, Metals) By End-user (Building & Construction, Transport, Mobile Devices)” – Industry Trends and Forecast to 2024
- No of pages: 350
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Definition of Self-Healing Materials Market:
Self-healing materials help in automatic repairing and restoring functionalities at microscopic levels without any human intervention. They are triggered by environmental stimulus including alterations in UV light, pH, or by mechanical damage such as a microcrack.
Growing applications of these materials in building & construction, transport and cell phone manufacturing industries are expected to be major drivers of the market over the next seven years.
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- No of Figures: 60
Report Segmentation of Self-Healing Materials Market:
The self-healing materials market is segmented on the basis of form into extrinsic and intrinsic.
- On the basis of material type, the market is segmented into concrete, coatings, polymers, asphalt, ceramic and metals.
- On the basis of end-user, the market is segmented into building & construction, transport and mobile devices.
- On the basis of geography, the self-healing materials market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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The global self-healing materials market is consolidated with the presence of a limited number of players. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
- No of Tables: 220
Major Market Competitors:
Some of the major players in self-healing materials market report include Acciona S.A., Akzo Nobel N.V., Applied Thin Films, Inc. (ATFI), Arkema SA, Autonomic Materials Inc., Avecom N.V., BASF SE, Covestro AG (Formerly Bayer Material Science), Critical Materials S.A., Devan Chemicals, Du Pont, Evonik Industries, Sensor Coating Systems Ltd., Slips Technologies, Inc.
and many more.
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Summary of Market Drivers and Restraints:
- Advancements in the self-healing materials market
- Self-healing materials yield long-term financial benefits compared to traditional materials
- Increasing demand in Europe
- High price of self-healing materials
Research Methodology of Self-Healing Materials Market:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.
Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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