Frequently Asked Questions
The market is segmented based on Segmentation, By Material (Polyurethane (PU) Shape Memory Polymer, Polyvinyl Chloride (PVC) Shape Memory Polymer, Acrylic Shape Memory Polymer, Epoxy Shape Memory Polymer, and Others), Stimulus Type (Temperature-Induced, Light-Induced, Electricity-Induced, and Others), Application (Research and Development and Commercial), End User Industry (Aerospace, Automotive, Construction, Healthcare, and Others) – Industry Trends and Forecast to 2031.
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The Global Shape Memory Polymer Market size was valued at USD 1.10 USD Billion in 2023.
The Global Shape Memory Polymer Market is projected to grow at a CAGR of 22% during the forecast period of 2024 to 2031.
The major players operating in the market include BASF SE CoVESTRO AG ,Evonik Industries AG ,SMP Technologies Inc ,Spintech Holdings Inc. ,Asahi Kasei Corporation Composite Technology Development Inc. Cornerstone Research GroupInc. ,MedShapeInc. ,Shape Memory Medical Inc. ,EndoShapeInc. ,Dupont. ,The Lubrizol Corporation ,Guangzhou Manborui Material Technology Co.Ltd. ,Nissan Chemical Corporation ,Dow .
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
