A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Self-healing
Materials
Market. The
study, titled “Self-healing
Materials Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Self-healing Materials Market: Overview
Self-healing
materials refer to materials that have the ability to repair damages
without human intervention. These materials are inspired from
biological systems that display the ability to restore after being
damaged.
Self-healing
materials are categorized as biomaterials, reversible polymers,
inorganic capsules, self-healing coatings, shape memory materials,
and vascular systems. These materials are used across several end-use
industries such as automotive, healthcare, military, construction,
electronics, aerospace, and energy generation.
The
market study is a collective of facts and factoids that presents
developments in the global self-healing materials market in a
chronological order.
Browse
Market Research Report @
Global
Self-healing Materials Market: Trends and Opportunities
The
key factor driving the self-healing materials market is that
self-healing materials significantly reduce the maintenance needed
for restoring damages. Self-healing materials such as self-healing
mortars and self-healing cements used in the construction sector have
displayed significant demand over the past few years. The trend is
expected to continue in the forthcoming years as well.
The
Automotive sector displays a significant demand for self-healing
materials. This is because automotive OEMs apply an exterior covering
to automobiles that work as a healer in the event of a scratch or a
cut. Thus, the frequency of maintenance required due to scratches and
cuts on automobiles is reduced significantly and also the frequency
of regular maintenance.
The
electronics industry displays a significant demand for self-healing
materials. Electronic giants such as Apple and LG are recommending
the usage of self-healing materials in electronics such as laptops,
desktops, and mobiles.
The
healthcare industry presents lucrative growth opportunities to the
self-healing materials market. This is because self-healing materials
have the potential to be used in the production of biomimetic,
thereby bolstering the growth of the self-healing materials market.
Global
Self-healing Materials Market: Regional Outlook
North
America is anticipated to be the leading regional market for
self-healing materials. Increasing research and development
initiatives for the development of self-healing materials has led to
the significant growth of North America self-healing materials
market. Europe is also expected to be a significant regional market
for self-healing materials due to their increasing utilization in
construction, electronics, and automotive end-use industries. Besides
this, Europe has a developing healthcare industry with massive
investments in biomimetic. The presence of several major OEMs in the
region are also boosting the growth of this regional market.
Asia
Pacific is expected to emerge as a significant market for
self-healing materials due to their increasing applications in
construction and automotive applications. In particular, economic
development in countries such as China and India propelling the
construction sector is also leading to the growth of this regional
market.
Latin
America is expected to display steady growth in the self-healing
materials market predominantly driven by the growth of the
construction sector in the region. The regional market of Middle East
and Africa are expected to rise on similar lines on account of
economic development in South Africa and economic development in
countries of GCC.
Get
accurate market forecast and analysis on the Self-healing Materials
market. Request a sample to stay abreast on the key trends impacting
this market@
Global
Self-healing Materials Market: Competitive Landscape
Some
of the key players in the global self-healing materials market are
ACCIONA, Applied Thin Films Inc., Autonomic Materials Inc.,
INNCEINNMAT, Bayer AG, Evonik Industries Corporation, PPG Industries
Inc., SENSOR COATING SYSTEMS LTD., Fescon Oy, GENERAL MOTORS,
Volkswagen, Apple Inc., BASF SE, ALSTOM, Avecom, S.L., Critical
Materials, NEI Corporation, SLIPS TECHNOLOGIES, Flame Spray
Technologies, GKN Aerospace, Nissan Motor Corporation, Ford Motor
Company, and LG Electronics.
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Us
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