Global Shape Memory Materials Market Research Report 2023(Status and Outlook)
Report Overview
Shape memory materials (SMMs) are featured by the ability to recover their original shape from a significant and seemingly plastic deformation when a particular stimulus is applied1. This is known as the shape memory effect (SME).
Shape memory materials are widely used in medical devices owing to their properties and biocompatibility. Some of these applications include stents, drug delivery, and embolization, wound closure, etc. The medical industry across the globe is increasing at a significant rate owing to the technological advancements and preference towards quality based medical treatment.
The Global Shape Memory Materials Market Size was estimated at USD 13530.00 million in 2022 and is projected to reach USD 22156.23 million by 2029, exhibiting a CAGR of 7.30% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Shape Memory Materials market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Shape Memory Materials Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Shape Memory Materials market in any manner.
Global Shape Memory Materials Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
BASF
Evonik Industries
Johnson Matthey
Covestro AG
Dynalloy
Memry Corporation
Spintech LLC
Fort Wayne Metals
SMP Technologies
SAES Getters
Nippon Steel & Sumitomo Metals
Xi'An Saite Metal Materials
Market Segmentation (by Type)
Alloy Material
Polymer Material
Others
Market Segmentation (by Application)
Investment Banks
Funds
Personal Investors
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Shape Memory Materials Market
Overview of the regional outlook of the Shape Memory Materials Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Shape Memory Materials
- 1.2 Key Market Segments
- 1.2.1 Shape Memory Materials Segment by Type
- 1.2.2 Shape Memory Materials Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Shape Memory Materials Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Shape Memory Materials Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Shape Memory Materials Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Shape Memory Materials Market Competitive Landscape
- 3.1 Global Shape Memory Materials Sales by Manufacturers (2018-2023)
- 3.2 Global Shape Memory Materials Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Shape Memory Materials Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Shape Memory Materials Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Shape Memory Materials Sales Sites, Area Served, Product Type
- 3.6 Shape Memory Materials Market Competitive Situation and Trends
- 3.6.1 Shape Memory Materials Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Shape Memory Materials Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Shape Memory Materials Industry Chain Analysis
- 4.1 Shape Memory Materials Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Shape Memory Materials Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Shape Memory Materials Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Shape Memory Materials Sales Market Share by Type (2018-2023)
- 6.3 Global Shape Memory Materials Market Size Market Share by Type (2018-2023)
- 6.4 Global Shape Memory Materials Price by Type (2018-2023)
- 7 Shape Memory Materials Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Shape Memory Materials Market Sales by Application (2018-2023)
- 7.3 Global Shape Memory Materials Market Size (M USD) by Application (2018-2023)
- 7.4 Global Shape Memory Materials Sales Growth Rate by Application (2018-2023)
- 8 Shape Memory Materials Market Segmentation by Region
- 8.1 Global Shape Memory Materials Sales by Region
- 8.1.1 Global Shape Memory Materials Sales by Region
- 8.1.2 Global Shape Memory Materials Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Shape Memory Materials Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Shape Memory Materials Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Shape Memory Materials Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Shape Memory Materials Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Shape Memory Materials Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 BASF
- 9.1.1 BASF Shape Memory Materials Basic Information
- 9.1.2 BASF Shape Memory Materials Product Overview
- 9.1.3 BASF Shape Memory Materials Product Market Performance
- 9.1.4 BASF Business Overview
- 9.1.5 BASF Shape Memory Materials SWOT Analysis
- 9.1.6 BASF Recent Developments
- 9.2 Evonik Industries
- 9.2.1 Evonik Industries Shape Memory Materials Basic Information
- 9.2.2 Evonik Industries Shape Memory Materials Product Overview
- 9.2.3 Evonik Industries Shape Memory Materials Product Market Performance
- 9.2.4 Evonik Industries Business Overview
- 9.2.5 Evonik Industries Shape Memory Materials SWOT Analysis
- 9.2.6 Evonik Industries Recent Developments
- 9.3 Johnson Matthey
- 9.3.1 Johnson Matthey Shape Memory Materials Basic Information
- 9.3.2 Johnson Matthey Shape Memory Materials Product Overview
- 9.3.3 Johnson Matthey Shape Memory Materials Product Market Performance
- 9.3.4 Johnson Matthey Business Overview
- 9.3.5 Johnson Matthey Shape Memory Materials SWOT Analysis
- 9.3.6 Johnson Matthey Recent Developments
- 9.4 Covestro AG
- 9.4.1 Covestro AG Shape Memory Materials Basic Information
- 9.4.2 Covestro AG Shape Memory Materials Product Overview
- 9.4.3 Covestro AG Shape Memory Materials Product Market Performance
- 9.4.4 Covestro AG Business Overview
- 9.4.5 Covestro AG Shape Memory Materials SWOT Analysis
- 9.4.6 Covestro AG Recent Developments
- 9.5 Dynalloy
- 9.5.1 Dynalloy Shape Memory Materials Basic Information
- 9.5.2 Dynalloy Shape Memory Materials Product Overview
- 9.5.3 Dynalloy Shape Memory Materials Product Market Performance
- 9.5.4 Dynalloy Business Overview
- 9.5.5 Dynalloy Shape Memory Materials SWOT Analysis
- 9.5.6 Dynalloy Recent Developments
- 9.6 Memry Corporation
- 9.6.1 Memry Corporation Shape Memory Materials Basic Information
- 9.6.2 Memry Corporation Shape Memory Materials Product Overview
- 9.6.3 Memry Corporation Shape Memory Materials Product Market Performance
- 9.6.4 Memry Corporation Business Overview
- 9.6.5 Memry Corporation Recent Developments
- 9.7 Spintech LLC
- 9.7.1 Spintech LLC Shape Memory Materials Basic Information
- 9.7.2 Spintech LLC Shape Memory Materials Product Overview
- 9.7.3 Spintech LLC Shape Memory Materials Product Market Performance
- 9.7.4 Spintech LLC Business Overview
- 9.7.5 Spintech LLC Recent Developments
- 9.8 Fort Wayne Metals
- 9.8.1 Fort Wayne Metals Shape Memory Materials Basic Information
- 9.8.2 Fort Wayne Metals Shape Memory Materials Product Overview
- 9.8.3 Fort Wayne Metals Shape Memory Materials Product Market Performance
- 9.8.4 Fort Wayne Metals Business Overview
- 9.8.5 Fort Wayne Metals Recent Developments
- 9.9 SMP Technologies
- 9.9.1 SMP Technologies Shape Memory Materials Basic Information
- 9.9.2 SMP Technologies Shape Memory Materials Product Overview
- 9.9.3 SMP Technologies Shape Memory Materials Product Market Performance
- 9.9.4 SMP Technologies Business Overview
- 9.9.5 SMP Technologies Recent Developments
- 9.10 SAES Getters
- 9.10.1 SAES Getters Shape Memory Materials Basic Information
- 9.10.2 SAES Getters Shape Memory Materials Product Overview
- 9.10.3 SAES Getters Shape Memory Materials Product Market Performance
- 9.10.4 SAES Getters Business Overview
- 9.10.5 SAES Getters Recent Developments
- 9.11 Nippon Steel andamp; Sumitomo Metals
- 9.11.1 Nippon Steel andamp; Sumitomo Metals Shape Memory Materials Basic Information
- 9.11.2 Nippon Steel andamp; Sumitomo Metals Shape Memory Materials Product Overview
- 9.11.3 Nippon Steel andamp; Sumitomo Metals Shape Memory Materials Product Market Performance
- 9.11.4 Nippon Steel andamp; Sumitomo Metals Business Overview
- 9.11.5 Nippon Steel andamp; Sumitomo Metals Recent Developments
- 9.12 Xi'An Saite Metal Materials
- 9.12.1 Xi'An Saite Metal Materials Shape Memory Materials Basic Information
- 9.12.2 Xi'An Saite Metal Materials Shape Memory Materials Product Overview
- 9.12.3 Xi'An Saite Metal Materials Shape Memory Materials Product Market Performance
- 9.12.4 Xi'An Saite Metal Materials Business Overview
- 9.12.5 Xi'An Saite Metal Materials Recent Developments
- 10 Shape Memory Materials Market Forecast by Region
- 10.1 Global Shape Memory Materials Market Size Forecast
- 10.2 Global Shape Memory Materials Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Shape Memory Materials Market Size Forecast by Country
- 10.2.3 Asia Pacific Shape Memory Materials Market Size Forecast by Region
- 10.2.4 South America Shape Memory Materials Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Shape Memory Materials by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Shape Memory Materials Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Shape Memory Materials by Type (2024-2029)
- 11.1.2 Global Shape Memory Materials Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Shape Memory Materials by Type (2024-2029)
- 11.2 Global Shape Memory Materials Market Forecast by Application (2024-2029)
- 11.2.1 Global Shape Memory Materials Sales (K MT) Forecast by Application
- 11.2.2 Global Shape Memory Materials Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook