Global Self-Healing Materials Market, By Form (Extrinsic, Intrinsic), Material Type (Concrete, Coatings, Polymers, Asphalt, Fibre-Reinforced Composite, Ceramic, Metals), End-Use Industry (Building & Construction, Transportation, Mobile Devices, General Industrial, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Self-Healing Materials Market
The self-healing materials market is expected to witness market growth at a rate of 68.3% in the forecast period of 2021 to 2028. Data Bridge Market Research report on self-healing materials market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rising applications of the material are escalating the growth of self-healing materials market.
Self-healing materials refer to artificial or synthetically-created materials or products possessing the built-in capability to automatically and autonomously heal damage to themselves requiring no or human supervision. These materials are extensively utilized in concrete and coatings applications.
The increase in the rate of construction of roads especially in developing countries acts as one of the major factors driving the growth of self-healing materials market. The rise in demand advanced self-repairing polymers from end-use industries and the introduction of self-healing microcapsules containing rejuvenator declining in crack formation in asphalt formulations accelerate the self-healing materials market growth. The increase in adoption of self-healing materials owning to their ability of materials to repair damages caused due to mechanical friction and shift from traditional materials towards the advanced materials because of the long-term benefits further influence the self-healing materials market. Additionally, government policy shifts focus toward legislations, research and development activities and expansion of end user industries, knowledge transfer and closer collaboration at early stage development, rapid industrialization and surge in investment positively affect the self-healing materials market. Furthermore, wide application base where reliability and durability are essential extends profitable opportunities to the self-healing materials market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the materials compared to conventional materials and issues with the scaling up from pilot scale to industrial scale production are the factors expected to obstruct the self-healing materials market growth. Securing profitability and competitiveness are projected to challenge the self-healing materials market in the forecast period of 2021-2028.
This self-healing materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on self-healing materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Self-Healing Materials Market Scope and Market Size
The self-healing materials market is segmented on the basis of form, material type and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of form, the self-healing materials market is segmented into extrinsic and intrinsic. Extrinsic is further segmented into capsule-based and vascular.
- On the basis of material type, the self-healing materials market is segmented into concrete, coatings, polymers, asphalt, fibre-reinforced composite, ceramic and metals.
- On the basis of end-use industry, the self-healing materials market is segmented into building & construction, transportation, mobile devices, general industrial and others. Transportation is further segmented into automotive and aerospace. Others are further segmented into medical devices and sports.
Global Self-Healing Materials Market Country Level Analysis
The self-healing materials market is analyzed and market size, volume information is provided by country, form, material type and end-use industry as referenced above.
The countries covered in the global self-healing materials market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the self-healing materials market due to the high use of self-repairing specialty polymers, advanced research and development activities, expansion of automobile production and process innovation. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 because of the expansion of construction industry, rapid urbanization, growing population and rising per capita income in the region.
The country section of the self-healing materials market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Self-Healing Materials Market Share Analysis
The self-healing materials market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to self-healing materials market.
The major players covered in the self-healing materials market report are BASF SE, Dow, ACCIONA, Akzo Nobel N.V., applied thin films inc., Arkema, Autonomic Materials, Inc., Avecom, Stratosphere S.A., DEVAN, DuPont, Evonik Industries, Sensor Coating System Limited, Adaptive Surface Technologies, High Impact Technology, LLC, Huntsman International LLC, MICHELIN, MacDermid Autotype Ltd., NEI Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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