Self-Healing Materials Market to Reach $4.1 Billion by 2025 – Key Players are Bayer Material Science, High Impact Technology, Dow Chemical, Michelin, Nissan, Huntsman, AkzoNobel & Goodyear – Research and Markets

June 28, 2017

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Self-Healing
Materials Market, 2014-2025” report to their offering.

The global self-healing materials market is expected to reach USD 4.1
billion by 2025. Rising demand for high-quality construction materials
due to increased infrastructure projects and urbanization is projected
to steer the market growth in the near future.

Self-healing materials are smart materials that have the ability to
repair damages on their own caused due to their mechanical friction and
with the efflux of time. Post injury, the molecules of these materials
re-adjust to replicate the original material. Initiation of cracks and
other types of damages on the microscopic level change the electrical,
thermal and acoustical properties of material leading to its complete
failure. These materials correct these damages with or without human
intervention.

Concrete segment dominated the market with revenue exceeding USD 25
million in 2016. It is estimated to grow at a CAGR of 25.9% over the
forecast period. Reversible polymers accounted for 36.0% of global
consumption in 2016. Self-healing materials minimize the maintenance
cost required for repairing damages, which is expected to be a critical
factor for market growth.

These specialty products also extend the life span of the material as
well as the base layer or product on which they are applied.
Microencapsulated or nanoencapsulated healing agents are present in
capsulated constituents, which are released upon rupture. The growth of
the market is expected to escalate due to unique properties of the
products yielding long-tern financial benefits as compared to
conventional composites.

Companies Mentioned

  • Dow Chemical Company
  • Bayer Material Science
  • High Impact Technology, LLC
  • Goodyear Corporate
  • Huntsman International LLC
  • Michelin Group
  • MacDermid Autotype Ltd.
  • Nissan Motor Company Ltd.
  • Azko Nobel N.V.
  • Evonik Industries Corporation

Key Topics Covered:

1. Methodology and Scope

2. Executive Summary

3. Self-healing Materials Industry Outlook

4. Self-Healing Materials Market: Product Outlook

5. Self-Healing Materials Market: Technology Outlook

6. Self-Healing Materials Market: Application Outlook

7. Self-Healing Materials Market: Regional Outlook

8. Competitive Landscape

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/34xnxv/selfhealing

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Related
Topics: Advanced
Materials