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Global Smart Polymers Market is Expected to Reach $3.98 billion by 2023

Global Smart Polymers Market Research Report

Global Smart Polymers Market Research Report

Market Research Report on Smart Polymers Market Research Report

RAIPUR, INDIA, November 30, 2017 / --

Report Sellers has added a new market research report “Smart Polymer- Global Market Outlook (2017-2023)” to its offerings.

According to Report, the Global Smart Polymers market is expected to grow from $1.52 billion in 2016 to reach $3.98 billion by 2023 with a CAGR of 14.7%. Application of shape memory polymer in automotive industry, requirement of efficient technologies over existing ones, beneficial property of phase transition and the usage of smart polymers for controlled drug delivery are the crucial factors that fuel the growth of the market. On the contrary, high cost associated with the use of smart polymers and changes over in the industry of healthcare are the key factors to hamper the growth of the market in the forthcoming years.

Among the Polymer types, the shape memory polymers segment hold the highest share in the market, because of the broad range of applications like inexpensive, reusable custom molds, deployable components and dynamic configurable parts. North America led the global market with largest share. It is likely to remain in the leading position throughout the forecast period due to technological advancements. Asia-Pacific is expected to witness the fastest-growth as a result of the rapid industrialization of the main product end-users primarily automotive, textile, and electrical & electronics sector.

Some of the key players in global Smart Polymers Market include The Dow Chemical Company
Sigma-Aldrich Corporation, SABIC, Nissan Chemical Industries Ltd., Nippon Shokubai, Nexgenia Corporation, Natureworks LLC, MacDermid Autotype Ltd., Lubrizol Corporation, Huntsman International LLC, High Impact Technology, FMC Corporation, DuPont, Covestro AG, BASF SE, Autonomic Materials, Akzo Nobel, Advanced Polymer Materials Inc, Advanced Biopolymers AS, Acros Organics.

Browse through the complete description and in-depth TOC on “Global Smart Ploymer Market”

What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global Smart Polymers Market has been segmented by applications covered, stimulus types covered, technologies covered, polymer types covered and regions covered

Applications Covered:
Bio Medical & Technology
Tissue Engineering
Drug Delivery
Electrical & Electronics
Nuclear Energy
Waste Management
Radiation Detection
Optical Data Storage
Medical Devices
Other Applications

Stimulus Types Covered:
Biological Stimuli-Responsive
Physical Stimuli-Responsive
Chemical Stimuli-Responsive
Other Stimulus Types

Technologies Covered:

Polymer Types Covered:
Thermo-Responsive Polymers
Enzymes-Responsive Polymers
pH-Responsive Polymers
Shape Memory Polymers
Self-Healing Polymers
Photo-Responsive Polymers
Electroactive & Magnetically-Responsive Polymers
Other Polymer Types

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
South Africa

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