United States Self-Healing Polymers Market Analysis, 2024-2030

Self-healing polymers are artificially developed polymers with the ability to automatically repair by themselves without any external indulgence. This polymer provides a base material for various products such as rubbers, films, plastics, fibers, and paints. It possesses self-healing property which make it suitable for end-use industries such as paints & coatings, building & construction, electrical & electronics, aerospace, and healthcare among others. These materials are inspired from biological systems that display the ability to restore after being damaged.

The report on the United States self-healing polymers market aims to present the insights from primary as well as secondary research conducted by team at Market Krystal. As per the report, the U.S. market worth self-healing used in building & construction application was USD X.XX million in 2016. It is expected to grow at a CAGR of XX.X% between 2017–2023 and reach USD XX.XX million in 2023. Increased purchasing power and a rise in demand for advanced construction materials in Canada and Mexico have increased preference for the use of self-healing composites. North America is anticipated to be the leading regional market for self-healing materials. Increasing research and development initiatives for the development of self-healing materials has led to the significant growth of North America self-healing materials market.

Increasing demand for self-healing coating on automobile parts is expected to drive the market. Also, rapid industrialization and increasing disposable income are anticipated to be a positive factor for the market. On the other hand, lack of awareness regarding the benefits associated with self-healing polymer across end-user industries may hinder the market growth in the next few years.

Some of the key players in the global self-healing materials market are ACCIONA, Applied Thin Films Inc., Autonomic Materials Inc., INNCEINNMAT, Bayer AG, Evonik Industries Corporation, PPG Industries Inc., Sensor Coating Systems Ltd., Fescon Oy, General Motors, Volkswagen, Apple Inc., BASF SE, ALSTOM, Avecom, S.L., Critical Materials, NEI Corporation, Slips Technologies, Flame Spray Technologies, GKN Aerospace, Nissan Motor Corporation, Ford Motor Company, and LG Electronics.

Our Approach

The process begins with the bifurcation the US self-healing materials market followed by identification of factors affecting the demand and supply of each segments in the United States. The US self-healing materials market is segmented on the basis of product type, technology, application, and geography. Based on the product type, it is segmented as concrete, coatings, polymers, asphalt, ceramic, metal, and others. As per the technology, it is segmented as reversible polymers, microencapsulation, shape memory materials, biological material systems, and others. According to application, the market is segmented as building & construction, energy generation, automotive, electronics, medical, and others. The insights across each segment is validated by involving business leaders across self-healing material industry value chain (Fig.1).

Figure 1 Primary research breakdown

Contents of the report:

• Insight on self-healing material industry in the United States.
• Estimation of the present self-healing material market size in terms of value and volume in the United States.
• Market bifurcation of the self-healing materials based on the types, technology, application and geography.
• Market size forecast for each segment of the United States self-healing material market.
• Competition between top companies operating in the self-healing material industry.