Self-Healing Polymer Market 2017: Analysis, Growth, Top Key Players, Drivers and Trends by Forecast to 2023

Self-Healing Polymers are artificially developed polymers with the ability to automatically repair by themselves without any external treatment or any human intervention. This polymer provide base material for various products such as rubbers, films, plastics, fibers, and paints. It possess Self-Healing property which make it suitable for end-use industries such as paints & coatings, building & construction, electrical & electronics, aerospace, and healthcare among others.

Increasing demand for Self-Healing Coating on automobile parts is expected to drive the market. Additionally, rapid industrialization and increasing disposable income is anticipated to fuel market growth. Rising number of space research programs coupled with the need of Self-Healing aerospace parts in developed and developing countries is expected to drive demand. Increasing investments in the buildings & construction sector as well as the expansion of automotive sector in developing regions are predicted to propel overall market growth. Moreover, increasing usage of self-healing polymer in the development of artificial organs is expected to positively influence market growth over the forecast period. However, lack of awareness regarding the benefits associated with Self-Healing Polymer across end-use industries may hinder the market growth in the next few years.

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Regional Analysis:
The Global Self-Healing Polymer Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is anticipated to grow at the highest CAGR during the forecast period due to the rising demand from end use industries such as paints & coatings, and building & construction among others. The demand for self-healing polymer is expected to rise significantly in developing countries such as India, China, Japan, and Vietnam due to growing building & construction and automotive sector. Moreover, increasing demand for safety features along with the increasing production volume of automobiles has resulted in the growth of automotive market.

Middle East & Africa is predicted to witness a significant growth in the next few years. Huge investment in infrastructure and buildings in Saudi Arabia and United Arab Emirates (UAE) is expected to boost market growth. Additionally, technological advancements and rising R&D activities specifically in Israel is anticipated to fuel the market growth.

Europe emerged as the largest regional market for Self-Healing Polymer followed by North America and Asia Pacific. European countries such as Germany, France, and Italy have developed end-use industries and is expected to witness steady growth in the coming years. Increasing consumer spending along with the expansion of multinational companies in the European region is predicted to increase demand for Self-Healing Polymers. Latin American countries such as Chile, Brazil, and Colombia are also predicted to witness moderate growth with the introduction of new technologies and novel business models.

The Global Self-Healing Polymer Market is segmented on the basis of form, end use industries, and regions. Based on the form, the market is segmented into capsule based, vascular, and intrinsic. Capsule based segment is the largest segment among the others in the form type segment. On the basis of end use industries, the market is categorized into paints & coatings, building & construction, electrical & electronics, aerospace, healthcare and others. On the basis of regions, this market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

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Key Players:
Some of the prominent players operating in the Self-Healing Polymer Market are Covestro AG (Germany), Arkema Group (France), Evonik Industries AG (Germany), Autonomic Materials Inc. (U.S.), Teijin Aramid (Netherlands), Akzo Nobel N.V. (Netherlands) and others.

Key Points from Table of Contents:

11.    Company Profiles   

11.1       Covestro AG
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Arkema Group
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Evonik Industries AG
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       Autonomic Materials Inc.
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments   

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