Nigeria Smart Materials Industry Databook Series – Market Size & Forecast by Value Across 170+ Market Segments in Shape Memory Alloy, Piezoelectric Materials, Thermo-Responsive Materials, Magnetostrictive Materials, Chromic Materials, pH Sensitive Materials, Magnetorheological Materials, Phase Change Material, and Self-Healing Material, Q2 2023 Update
According to ConsTrack360, Smart materials in the country are expected to grow by 7.6% on an annual basis to reach US$271.7 million in 2023.
Medium to long term growth story of smart materials in Nigeria remains strong. Smart materials adoption is expected to grow steadily over the forecast period, recording a CAGR of 8.1% during 2023-2027. The smart materials in the country will increase from US$252.4 million in 2022 to reach US$370.6 million by 2027.
This market intelligence report from ConsTrack360 provides a detailed view of market opportunities in the smart materials industry at country level. With over 170+ KPIs, covering market size by end-use, application areas, and smart materials types in Nigeria, this Databook offering primarily provides data-centric analysis with charts and tables.
• End-Use Market Dynamics: Provides a comprehensive data-centric view of size and structure, industry dynamics, and smart materials opportunities in various end-use sectors in Nigeria.
• Application Areas: Provides an in-depth analysis of smart material application areas across various end-use sector at country level.
• Smart Materials Types: Provides demand analysis of market by 9 key smart materials types. Shape Memory Alloy, Piezoelectric Materials, Thermo-Responsive Materials, Magnetostrictive Materials, Chromic Materials, pH Sensitive Materials, Magnetorheological Materials, Phase Change Material, and Self-Healing Material. This segment provides in-depth analysis of use of smart materials in end-use sectors.It also provides cross segmentation analysis of each material type into end-use and application.
ConsTrack360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities
ScopeThis report provides a detailed data-centric analysis of the smart materials industry, covering market opportunity, and industry dynamics by smart materials types, end-use sector and application areas
In addition, it also provides market size and forecast of the smart materials types demand analysis in Nigeria. With over 170+ KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.
Nigeria Smart Materials Market Size by Type, 2018-2027
• Shape Memory Alloy
• Piezoelectric Materials
• Thermo-Responsive Materials
• Magnetostrictive Materials
• Chromic Materials
• pH Sensitive Materials
• Magnetorheological Materials
• Phase Change Material
• Self-Healing Material
Nigeria Smart Materials Market Size by End-Use, 2018-2027
• Aerospace & Defence Industry
• Biomedical & Pharmaceutical Industry
• Industrial Manufacturing Industry
• Technology Industry
• Construction Industry
• Food & Beverages Industry
• Automotive and Transportation Industry
• Energy & Utility Industry
• Other Industry
Nigeria Smart Materials Market Size by Application Areas, 2018-2027
• Food Packaging
• Food Processing
• Food Safety
• Materials & Manufacturing
• Mechanical & Functional Response
• Process Management
• Drug Delivery Systems
• Tissue Engineering
• Diagnostics
• Antibacterial Materials
• Devices
• Building Materials
• Coatings
• Energy Storage
• Energy Harvesting
• Robotics
• Other
Nigeria Smart Materials By Material X End-Use, 2018-2027
Nigeria Smart Materials By Material X End-use Sector X Application, 2018-2027
Nigeria Smart Materials By End-use Sector X Application, 2018-2027
Reasons to Buy• In-depth Understanding of Smart Materials Market: Market opportunity and key data trends across 170+ market segments.
• Deeper Segmentation of Smart Materials: Market size and forecast by types, end-use, and application areas.
• Develop Market-Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market-specific key trends, drivers, and risks in the smart materials industry in Nigeria
• Comparable Data: Get detailed and comparable data for the smart materials market across 50 countries