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The market is segmented by Type (Physical Stimuli-responsive, Chemical Stimuli-responsive, Biological Stimuli-responsive, Self-healing Polymers, and Other Types), End-user Industry (Biomedical and Healthcare, Electrical and Electronics, Textile, Automotive, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)
Study Period:
2016-2025
Base Year:
2019
Fastest Growing Market:
Asia Pacific
Largest Market:
North America
CAGR:
16 %
The smart polymers market is expected to register a CAGR of around 16%, during the forecast period. The major factors driving the growth of the market studied are the increasing application of shape memory polymer in the textile industry, increasing the need for efficient drug delivery systems, and the development of smart biopolymers. On the flip side, the high cost of technology and the development of smart polymers are hampering the growth of the market studied.
The scope of the smart polymers market report includes:
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The smart polymers market is highly fragmented in nature, where numerous players hold an insignificant share of the market demand, to individually affect the market dynamics. Some of the major players in the market include AkzoNobel N.V., Lubrizol, Spintech, Autonomic Materials, BASF SE, Advanced Polymer Materials, and Huntsman International LLC, among others.
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 Application of Shape Memory Polymer in Textile Industry
4.1.2 Increasing Need for Efficient Drug Delivery System
4.1.3 Development of Smart Biopolymers
4.2 Restraints
4.2.1 High Cost of Technology and Development of Smart Polymers
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 Type
5.1.1 Physical Stimuli-responsive
5.1.1.1 Thermo-responsive Polymers
5.1.1.2 Photo-responsive Polymers
5.1.1.3 Shape Memory Polymers
5.1.1.4 Electroactive and Magnetically-Responsive Polymers
5.1.2 Chemical Stimuli-responsive
5.1.2.1 pH-responsive Polymers
5.1.3 Biological Stimuli-responsive
5.1.3.1 Enzymes-responsive Polymers
5.1.4 Self-healing Polymers
5.1.5 Other Types
5.2 End-user Industry
5.2.1 Biomedical and Healthcare
5.2.2 Electrical and Electronics
5.2.3 Textile
5.2.4 Automotive
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 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 France
5.3.3.4 Italy
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 Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Akzo Nobel N.V.
6.4.2 Autonomic Materials
6.4.3 BASF SE
6.4.4 Covestro AG
6.4.5 DuPont
6.4.6 Evonik Industries AG
6.4.7 High Impact Technology
6.4.8 Huntsman International LLC
6.4.9 Merck KGaA
6.4.10 Natureworks LLC
6.4.11 Nissan Chemical Industries Ltd
6.4.12 SABIC
6.4.13 SMP Technologies Inc.
6.4.14 Spintech LLC
6.4.15 The Lubrizol Corporation
6.4.16 TNO
6.4.17 Unigestion
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increase in Awareness about Smart Polymers in Latin America and Middle East & Africa
7.2 Incorporation of Smart Polymers in 3D Printing
7.3 Use of Self-healing Polymers for Soft Robots
** Subject to Availability