Smart Polymer Market by Stimuli Type (Biological Stimuli Responsive Polymers, Chemical Stimuli Responsive Polymers, Physical Stimuli Responsive Polymers), Polymer Type (Electroactive Polymers, Responsive Polymers, Self-Healing Polymers), End Use - Global Forecast 2023-2030
The Smart Polymer Market is projected to reach USD 11.32 billion by 2030 from USD 2.20 billion in 2022, at a CAGR of 22.69% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Smart Polymer Market.
- Based on Stimuli Type, market is studied across Biological Stimuli Responsive Polymers, Chemical Stimuli Responsive Polymers, and Physical Stimuli Responsive Polymers. The Biological Stimuli Responsive Polymers commanded largest market share of 46.64% in 2022, followed by Physical Stimuli Responsive Polymers.
- Based on Polymer Type, market is studied across Electroactive Polymers, Responsive Polymers, Self-Healing Polymers, and Shape Memory Polymers. The Responsive Polymers is further studied across Photoresponsive Polymers and Thermoresponsive Polymers. The Electroactive Polymers commanded largest market share of 34.04% in 2022, followed by Shape Memory Polymers.
- Based on End Use, market is studied across Automotive, Biotechnology & Medicine, Electrical & Electronics, and Textile. The Biotechnology & Medicine commanded largest market share of 41.65% in 2022, followed by Electrical & Electronics.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.45% in 2022, followed by Americas.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Smart Polymer Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Smart Polymer Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Smart Polymer Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Advanced Biopolymers AS, Arkema Group, Asahi Kasei Corporation, BASF SE, Composite Technology Development, Inc., Covestro AG, Daicel Corporation, DuPont de Nemours, Inc., Dätwyler Holding Inc., EndoShape, Inc., Enovis Corporation, Evonik Industries AG, LEAP Technology Ltd., Lubrizol Corporation, Merck KGaA, Mitsubishi Chemical Group Corporation, Nanoshel LLC, NATECH PLASTICS, Inc. by STRATEC SE, Nexgenia, Inc., Nouryon Chemicals Holding B.V., Quaker Chemical Corporation, Rheon Labs Ltd., SMP Technologies Inc., Solvay S.A., Sumitomo Chemical Co., Ltd., The Dow Chemical Company, and Wacker Chemie AG.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Smart Polymer Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Smart Polymer Market?
- What is the competitive strategic window for identifying opportunities in the Smart Polymer Market?
- What are the latest technology trends and regulatory frameworks in the Smart Polymer Market?
- What is the market share of the leading vendors in the Smart Polymer Market?
- Which modes and strategic moves are suitable for entering the Smart Polymer Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Smart Polymer Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing use of smart polymers in biomedical applications
- 5.1.1.2. Growing demand for smart polymeric films for food packaging
- 5.1.2. Restraints
- 5.1.2.1. High cost of advanced smart polymer technology
- 5.1.3. Opportunities
- 5.1.3.1. Continuous advancements in the novel smart polymers
- 5.1.3.2. Rising adoption of smart polymers for wastewater treatment
- 5.1.4. Challenges
- 5.1.4.1. Toxicity and production scalability issues with smart polymers
- 5.2. Market Segmentation Analysis
- 5.2.1. Stimuli Type: Biological stimuli-responsive and physical stimuli-responsive polymers’ application expanding for drug delivery and tissue engineering
- 5.2.2. Polymer Type: Increasing advances in self-healing polymers with demand for advanced materials
- 5.2.3. End Use: Emerging scope of smart polymers across electrical & electronics and textile industries
- 5.3. Market Trend Analysis
- 5.3.1. Smart technology adoption coupled with robust research and development (R&D) have enriched opportunities across Americas
- 5.3.2. Significant potential for business expansion in emerging countries supported by research activities by various institutions in Asia-Pacific region
- 5.3.3. Increased investment in research and development initiatives with the presence of well established players
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Smart Polymer Market, by Stimuli Type
- 6.1. Introduction
- 6.2. Biological Stimuli Responsive Polymers
- 6.3. Chemical Stimuli Responsive Polymers
- 6.4. Physical Stimuli Responsive Polymers
- 7. Smart Polymer Market, by Polymer Type
- 7.1. Introduction
- 7.2. Electroactive Polymers
- 7.3. Responsive Polymers
- 7.4.1. Photoresponsive Polymers
- 7.4.2. Thermoresponsive Polymers
- 7.4. Self-Healing Polymers
- 7.5. Shape Memory Polymers
- 8. Smart Polymer Market, by End Use
- 8.1. Introduction
- 8.2. Automotive
- 8.3. Biotechnology & Medicine
- 8.4. Electrical & Electronics
- 8.5. Textile
- 9. Americas Smart Polymer Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Smart Polymer Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Smart Polymer Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. STRATEC COMPLETES ACQUISITION OF NATECH PLASTICS
- 12.3.1.2. DÄTWYLER STRENGTHENS POSITION WITH CTSYSTEMS’ ELECTROACTIVE POLYMERS
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. Shape-Memory Polymer IP Sublicensed to Medtech OEM
- 12.3.2.2. TMD LAB Collaborates With US NIST to Reveal the Secrets of Shape-memory Polymer Materials
- 12.3.2.3. Nouryon enters into exclusive agreement with Brenntag Specialties to distribute proprietary LumaTreat® tagged polymers in the U.S. and Canada
- 12.3.3. New Product Launch & Enhancement
- 12.3.3.1. Adidas and Rheon partner on smart polymer activewear
- 12.3.3.2. Russian scientists create smart polymer for wastewater treatment
- 12.3.3.3. Smart polymer systems for the food industry is a unique development of researchers from the Department of Organic Chemistry
- 12.3.3.4. Self-Healing Polymer Made From a Common Chemical Compound
- 12.3.4. Award, Recognition, & Expansion
- 12.3.4.1. Nouryon granted US patent for breakthrough LumaTreat tagged polymers used in advanced water treatment
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. 3M Company
- 13.1.2. Advanced Biopolymers AS
- 13.1.3. Arkema Group
- 13.1.4. Asahi Kasei Corporation
- 13.1.5. BASF SE
- 13.1.6. Composite Technology Development, Inc.
- 13.1.7. Covestro AG
- 13.1.8. Daicel Corporation
- 13.1.9. DuPont de Nemours, Inc.
- 13.1.10. Dätwyler Holding Inc.
- 13.1.11. EndoShape, Inc.
- 13.1.12. Enovis Corporation
- 13.1.13. Evonik Industries AG
- 13.1.14. LEAP Technology Ltd.
- 13.1.15. Lubrizol Corporation
- 13.1.16. Merck KGaA
- 13.1.17. Mitsubishi Chemical Group Corporation
- 13.1.18. Nanoshel LLC
- 13.1.19. NATECH PLASTICS, Inc. by STRATEC SE
- 13.1.20. Nexgenia, Inc.
- 13.1.21. Nouryon Chemicals Holding B.V.
- 13.1.22. Quaker Chemical Corporation
- 13.1.23. Rheon Labs Ltd.
- 13.1.24. SMP Technologies Inc.
- 13.1.25. Solvay S.A.
- 13.1.26. Sumitomo Chemical Co., Ltd.
- 13.1.27. The Dow Chemical Company
- 13.1.28. Wacker Chemie AG
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
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