Market
Insights:
The growth of the Self-healing material market is
driven by the increasing need of using self-healing materials by various
end-user industries such as construction, automotive, electronics and others
with the objective of reducing the costs which would otherwise be incurred for
the repairs and maintenance of the infrastructures. The use of self-healing
materials provides long term benefits over the use of traditional materials.
The rapid increase in the demand for the high-quality construction materials
owing to the increased infrastructure projects and increased urbanization in
the developing nations is expected to lead the growth of the self-healing
materials during the forecast period.
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Bayer Material Science LLC
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High Impact Technology LLC
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Dow Chemical Company
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Michelin
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Nissan Motor Company Ltd,
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Huntsman Corporation
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Akzo Nobel N.V.
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MacDermid Autotype Ltd.
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Autonomic Materials, Inc
Market
Segmentation:
Based on products, the
self-healing material market can be segmented as concrete, coatings, polymers,
metals and others. The concrete is
expected to dominate the self-healing material market owing to its capabilities
such as minimum shrinkage and creep, high strength, durability and
cost-effectiveness. Polymer is also used extensively used in various
engineering fields owing to its advantages which include lightweight, excellent
process ability, and physical & chemical stability in any atmospheric
conditions
This
research report has provided the insights, on various levels of analyses such
industry analysis, market share analysis leading market players and their
profiles. This report also helps in studying the target segments by providing
views on emerging & high-growth segments and market conclusion. Together
the market data comprise and discuss with the basic assessments on the
competitive scenarios & strategies, of the global Self-healing material market,
including the high-growth regions, countries and their political, economic and
technological environments. Furthermore, the project report also provides the
views over the historical market values as well as, pricing and cost analysis
of the same.
Regional Analysis:
The
self-healing materials market is segmented across five regions: The Middle East
& Africa, Asia Pacific, Latin America, Europe, and North America.
Europe followed by North America is the dominant region. The developed
pharmaceutical industry in Europe coupled with the high adoption rate is the
major factor driving the growth of the market. Moreover, the growing expansion
of companies especially, in Italy and France is expected to leverage the
development of the market. Furthermore, the growing application in the
developed automobile and transportation sector is also fueling the market
demand. Moreover, the stringent EU regulations regarding the control of
emissions have augmented the use of asphalt self-healing materials.
North
America is another major market during the forecast years. The developed
technological base coupled with growing investment in the research and
development activities in the region is further propelling the demand.
Moreover, the growing renovation and construction activities in the region
coupled with the developed end-user industries such as an automobile,
electrical and semiconductor, and pharmaceutical among others is another factor
fuelling the growth of the market. Asia Pacific is expected to witness an
augmenting CAGR during the forecast years. The shifting of manufacturing base
into the region, coupled with the growing purchase power parity is driving the
market positively. Moreover, the increasing government investment in the retail
sector, especially in India and China, has overcome the supply barriers of
goods such as electronics and medical devices which is significantly
contributing to the market growth.
Intended Audience:
- Self-healing materials market manufacturers
- Traders and Distributors of Self-healing materials
market
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
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