5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
Shape-memory Polymer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
The Shape-memory Polymer market is segmented by Stimulus Type (Temperature-induced, Light-induced, Electricity-induced, and Other Stimulus Types), End-user Industry (Aerospace, Automotive, Construction, Healthcare, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, Middle-East and Africa).
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2016 - 2026
Base Year:
2019
Fastest Growing Market:
Asia Pacific
Largest Market:
North America
CAGR:
10 %
Need a report that reflects how COVID-19 has impacted this market and its growth?
Market Overview
The global shape-memory polymer (SMP) market is expected to grow with a CAGR greater than 10% during the forecast period. One of the major factors driving the market is the increasing applications of shape-memory polymers in the Healthcare Industry. However, relatively low stiffness values are hindering the growth of the market studied.
- Growing demand from the construction industry in Asia-Pacific is another major driver for the market studied
- Asia-Pacific is expected to witness the highest growth rate during the forecast period.
- Among the stimulus type-based segments, temperature-induced SMP is expected to dominate over the others during the forecast period.
Scope of the report
The Shape-memory polymer market report includes:
| Stimulus Type | |
| Temperature-induced | |
| Light-induced | |
| Electricity-induced | |
| Other Stimulus Types |
| End-user Industry | |
| Aerospace | |
| Automotive | |
| Construction | |
| Healthcare | |
| Other End-user Industries |
| Geography | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Report scope can be customized per your requirements. Click here.
Key Market Trends
Temperature-induced Segment to Dominate the Market
- Among the stimulus type-based segments, temperature-induced SMP is expected to witness major growth in demand in the coming years.
- There are numerous opportunities in the textile industry, which can drive the demand for temperature-induced smart polymers market.
- Textiles integrated with these SMPs can help in achieving different 3D forms in garments.
- Window curtains or films with temperature-induced SMPs can also act under the influence of heat, which changes the microstructure and macrostructure properties of smart clothing.
- Hence, owing to the above-mentioned reasons, temperature-induced SMPs are likely to account for the major market share during the forecast period.
To understand key trends, Download Sample Report
Asia-pacific to Witness the Highest Growth Rate
- Asia-Pacific to expected to witness major growth in the demand for Shape-memory Polymer (SMP) owing to the increasing demand from countries like China and Japan.
- The growing construction industry in countries like India and China is a major driver for the increasing demand for SMP in the region.
- Additionally, there has been significant growth in the demand for SMP in the southeast Asian countries for usage in end-user industries like construction, automotive, healthcare, etc..
- Hence, owing to the above-mentioned reasons, Asia-Pacific is likely to witness the highest growth during the forecast period.
To understand geography trends, Download Sample Report.
Competitive Landscape
The global shape-memory polymer market is moderately consolidated as the majority of the market share is divided among few players. Some of the key players in the market include BASF SE, COVESTRO AG, Evonik Industries AG, SMP Technologies Inc., and Spintech Holdings Inc., among others.
You can also purchase parts of this report. Do you want to check out a section wise price list?
Table Of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Applications in Healthcare
4.1.2 Growing Demand from the Construction Industry in Asia-Pacific
4.1.3 Others
4.2 Restraints
4.2.1 Relatively Low Stiffness Values
4.2.2 Impact of COVID-19 Pandemic
4.3 Industry Value-chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Stimulus Type
5.1.1 Temperature-induced
5.1.2 Light-induced
5.1.3 Electricity-induced
5.1.4 Other Stimulus Types
5.2 End-user Industry
5.2.1 Aerospace
5.2.2 Automotive
5.2.3 Construction
5.2.4 Healthcare
5.2.5 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 ASEAN Countries
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 BASF SE
6.4.2 Covestro AG
6.4.3 Evonik Industries AG
6.4.4 SMP Technologies Inc.
6.4.5 Spintech Holdings Inc.
6.4.6 EndoShape, Inc.
6.4.7 MedShape, Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
** Subject to Availability
80% of our clients seek made-to-order reports. How do you want us to tailor yours?
LINKS
JOIN US
We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination.
Interested? Please email us
[email protected]© 2020. All Rights Reserved to Mordor Intelligence.