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Smart Polymers Market – Latest Trends 2021: Global Industry Size and Challenges, Business Growth Insights, Competitive Landscape and Regional Forecast to 2024

Summary

This “Smart Polymers Market” report provides a thorough analysis of estimating market size and current trends of industry. The report evaluates the important characteristics of the market development status, upcoming opportunities, and growth rate. The research study diminishes the risks […]

Smart Polymers

This “Smart Polymers Market” report provides a thorough analysis of estimating market size and current trends of industry. The report evaluates the important characteristics of the market development status, upcoming opportunities, and growth rate. The research study diminishes the risks involved in making decisions as well as strategies for companies and individuals interested in the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry.

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Market Overview:

  • The smart polymers market is expected to grow at a CAGR of around 16% during the forecast period of 2019 – 2024. The major factors driving the growth of the market studied are the increasing application of shape memory polymer in the automotive and textile industry, increasing need for efficient drug delivery system, and the development of smart biopolymers. On the flipside, the high cost of technology and the development of smart polymers is hampering the growth of the studied market.
  • – Thermo-responsive polymers segment dominated the market in 2018 and is likely to grow during the forecast period, owing to its increasing demand for application as a smart biomaterial.
  • – The increasing awareness about smart polymers in Latin America and Middle-East & Africa, incorporation of smart polymers in 3D printing, and use of self-healing polymers for soft robots are likely to provide opportunities for the studied market during the forecast period.
  • – North America dominated the market across the globe, where the growth of the studied market is driven by huge demand for smart polymers for application in healthcare, textile, automotive, robotics, and other industries.
  • Smart Polymers Market Covers Manufacturers:

  • Autonomic Materials
  • Unigestion
  • Akzo Nobel N.V.
  • BASF SE
  • Covestro AG
  • DuPont
  • Evonik Industries AG
  • High Impact Technology
  • Huntsman International LLC
  • Merck KGaA
  • The Lubrizol Corporation
  • Natureworks LLC
  • Nissan Chemical Industries Ltd.
  • SABIC
  • SMP Technologies Inc.
  • Spintech LLC
  • TNO

    Scope of the Report:

    This report studies the global Smart Polymers market size, industry status and forecast, competition landscape and growth opportunity.

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    Some of the Key Questions Answered in this Report:

    • Detailed Overview of Smart Polymers Market will help deliver clients and businesses making strategies.
    • Influencing growth factors that are thriving demand and latest trends running in the market.
    • Smart Polymers Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
    • What trends, challenges and barriers will impact the development and sizing of the Global Smart Polymers Market?
    • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
    • What is the Smart Polymers Market growth momentum or market carries during the forecast period?
    • Which region may tap the highest market share in the coming era?
    • Which application/end-user category or Product Type may seek incremental growth prospects?
    • What focused approach and constraints are holding the Smart Polymers Market demand?

    Key Market Trends:

    Automotive Segment to Dominate the Market Demand

    – In automotive industry smart polymers finds a wide range of applications, ranging from reconfigurable storage bins, seat assemblies, energy absorbing assemblies, hood assemblies, vehicles structures, to airflow control systems, releasable fastener systems, and adaptive lens assemblies.
    – Moreover, they have used in vehicle airflow control systems that consist of an activation device made up of shape memory polymer materials. It controls the airflow based on environmental changes and helps in better performance of vehicle drag and cooling or heating exchange.
    – Though the automotive production witnessed a decline in 2018 by 1.1%, factors such as increasing investments into the sector to increase production, continuous efforts of the automakers to develop & launch new cars, and efforts towards development & promotion of electric vehicles of the industry are likely to drive the growth of the automotive industry.
    – Asia-Pacific is already witnessing numerous investments by the global automakers, like BMW, Hyundai Motors, and Honda into the automotive industry to increase production, and cater to the increasing automotive demand of the masses in the region.
    – Therefore, with such investment trends and the expected increase in output of the automotive industry, the demand for smart polymers market is also expected to increase during the forecast period.

    North America Region to Dominate the Market

    – In North America, the demand for smart polymers continues to remain high due to continuously increasing research initiatives for the implementation and commercialization of smart polymers.
    – United States has the largest share in the global healthcare market and rapid growth of the medical industry in the nation is expected to augment the demand for smart polymers.
    – The country is highly advanced in the field of drug delivery, and development of advanced medical technologies, which creates huge demand for smart polymers in the country.
    – Furthermore, rise in adoption of smart polymers in diverse applications such as drug delivery, food & drug packaging, tissue engineering, and robotics are the major factors that boost the market growth in the country in the forecast period.
    – Besides, the demand for smart polymers in Canada and Mexico is expected to be driven by the strong demand from automotive, robotics, packaging, and healthcare industry in the country.

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    Target Audience of Smart Polymers Market:

    • Manufacturer / Potential Investors
    • Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
    • Association and government bodies.

    Key Reasons to Smart Polymers Market Report:

    • Analysing various perspectives of the Smart Polymers market with the help of Porter’s five forces analysis
    • The End User that is expected to dominate the Smart Polymers market is analyzed in detail
    • The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Smart Polymers market.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • Regional analysis of Smart Polymers market studied, during the forecast period
    • The segments that are expected to dominate the Smart Polymers market studied.

    Detailed TOC of Smart Polymers Market Report 2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 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 Automotive and 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 Porters 5 Force 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 & 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 Others
    5.2 Application
    5.2.1 Bio-Separation
    5.2.2 Biocatalyst
    5.2.3 Drug Delivery
    5.2.4 Tissue Engineering
    5.2.5 Medical Devices
    5.2.6 Packaging
    5.2.7 Textile
    5.2.8 Optical Data Storage
    5.2.9 Automotive
    5.2.10 Others
    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 & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & 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 Autonomic Materials
    6.4.2 Unigestion
    6.4.3 Akzo Nobel N.V.
    6.4.4 BASF SE
    6.4.5 Covestro AG
    6.4.6 DuPont
    6.4.7 Evonik Industries AG
    6.4.8 High Impact Technology
    6.4.9 Huntsman International LLC
    6.4.10 Merck KGaA
    6.4.11 The Lubrizol Corporation
    6.4.12 Natureworks LLC
    6.4.13 Nissan Chemical Industries Ltd.
    6.4.14 SABIC
    6.4.15 SMP Technologies Inc.
    6.4.16 Spintech LLC
    6.4.17 TNO

    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

    For Detailed TOC Click Here

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