Introduction of the Self-Healing Materials Market Report

Self-healing materials are the materials that have the capability to recover, repair or heal the damages automatically without any external process. Self-healing materials are polymers, metals, ceramics, and their composites that can heal and restore the material to its original set of properties when damaged through thermal, mechanical, ballistic, or other means.

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Market Dynamic

Key Drivers and Emerging Trends

The rise in the demand for self-healing materials with the increasing adoption in various industries like aerospace, construction, and others have favorably pushed the market’s growth. NASA uses self-healing materials for the development of new aircraft with self-healing materials like recovering functionality after degradation, failure, damage, etc., which has created a hype in the market and affected the market in a positive way. Furthermore, aerospace engineers increase the lifetime of aircraft part by using self-healing materials; this has propelled the growth of the market. In addition to this, self-healing materials have attracted the researchers’ interest, which has led to advancements in the materials. For instance, research on new intrinsic self‐healing cementitious materials with biomimetic features is at the forefront of material science, which provides a promising way to construct resilient and sustainable concrete infrastructures. All these factors are expected to drive growth in the coming years.

The self-healing materials market insight states that Europe is leading towards the commercialization of self-healing materials. For instance, European Government in 2018 has funded SHEMAT project, in which the focus was on four types of materials: ceramics, concrete, fiber-reinforced polymer composites, and polymers, which has helped in driving the demand for self-healing materials.

Restraint in the Self-Healing Materials Market

As per the self-healing materials market analysis, the high price tag associated with the self-healing materials as compared to the traditional conventional materials is a major factor that is likely to hamper the growth of the self-healing materials market.

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Form – Segment Analysis

Based on the form, intrinsic self-healing materials are expected to grow at a higher CAGR over the forecast period. This is due to the advantages offered by the intrinsic self-healing materials, such as reduces the cycling lifetime and eliminates the mechanical cracks.

End-Use Industry – Segment Analysis

Based on the end-use industry, the construction segment is expected to dominate the global self-healing materials market over the forecast period. Growth in the usage of the materials in the non-residential construction sector is expected to drive the market growth over the forecast period. Also, the rise in the growth of the application of such materials in the B&C sector is expected to surge the industry’s demand. The self-healing materials are exclusively used in the energy generation industry in ionic conductors, insulators, and electrical conductors, power generation, and oil & gas refineries. Moreover, electronics companies such as Samsung and Apple are using self-healing materials in mobiles, laptops, and desktops which are expected to drive their demand over the forecast period.

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Regional – Segment Analysis:

Based on the region, Europe is expected to dominate the global self-healing materials market over the forecast period. High use of self-repairing specialty polymers in several countries like France, UK, and Germany coupled with process innovation across the region are the major factors that are estimated to fuel the industry growth over the forecast period. According to European Union, Europe spends more than US$ 477 billion in the maintenance and repairing of the bridges alone, which has led the construction industry to adopt self-healing materials for building tunnels, bridges, and buildings.

Top Market Players

Various notable players operating in the market include ACCIONA, Akzo Nobel N.V., Applied Thin Films Inc., Arkema, Autonomic Materials, Inc., Avecom, BASF SE, Covestro AG, Critical Materials S.A., and Devan, among others.

Segments covered in the Report:

The global self-healing materials market has been segmented based on type, form, end-use industry, and regions. Based on type, the market is segmented into embedded healing agents, microvascular materials, shape-memory materials, and reversible polymers. Based on form, the market is segmented into extrinsic and intrinsic. Based on end-use industry, the market is segmented into healthcare, automotive, electrical and electronics, construction, aerospace, and others. 

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Key questions answered in this research report:

• • At what pace is the global self-healing materials market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global self-healing materials market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global self-healing materials market?
  • Which type generated maximum revenues in 2019 and identify the most promising type during the forecast period?
  • What are the various form areas of the global self-healing materials market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Form, By End-Use Industry, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	ACCIONA, Akzo Nobel N.V., applied thin films inc., Arkema, Autonomic Materials, Inc., Avecom, BASF SE, Covestro AG, Critical Materials S.A., Devan, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Self-Healing Materials Market by Type

• • Embedded Healing Agents
  • Microvascular Materials
  • Shape-Memory Materials
  • Reversible Polymers

Global Self-Healing Materials Market by Form

• • Extrinsic
  • Intrinsic

Global Self-Healing Materials Market by End-Use Industry

• • Healthcare
  • Automotive
  • Electrical and Electronics
  • Construction
  • Aerospace
  • Others

Global Self-Healing Materials Market by Region

• • North America Self-Healing Materials Market (Option 1: As a part of the free 25% customization)
    • North America Self-Healing Materials Market by Type
    • North America Self-Healing Materials Market by Form
    • North America Self-Healing Materials Market by End-Use Industry
    • US Self-Healing Materials Market All-Up
    • Canada Self-Healing Materials Market All-Up
  • Europe Self-Healing Materials Market (Option 2: As a part of the free 25% customization)
    • Europe Self-Healing Materials Market by Type
    • Europe Self-Healing Materials Market by Form
    • Europe Self-Healing Materials Market by End-Use Industry
    • UK Self-Healing Materials Market All-Up
    • Germany Self-Healing Materials Market All-Up
    • France Self-Healing Materials Market All-Up
    • Spain Self-Healing Materials Market All-Up
    • Rest of Europe Self-Healing Materials Market All-Up
  • Asia-Pacific Self-Healing Materials Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Self-Healing Materials Market by Type
    • Asia-Pacific Self-Healing Materials Market by Form
    • Asia-Pacific Self-Healing Materials Market by End-Use Industry
    • China Self-Healing Materials Market All-Up
    • India Self-Healing Materials Market All-Up
    • Japan Self-Healing Materials Market All-Up
    • Rest of APAC Self-Healing Materials Market All-Up
  • RoW Self-Healing Materials Market (Option 4: As a part of the free 25% customization)
    • RoW Self-Healing Materials Market by Type
    • RoW Self-Healing Materials Market by Form
    • RoW Self-Healing Materials Market by End-Use Industry
    • Brazil Self-Healing Materials Market All-Up
    • South Africa Self-Healing Materials Market All-Up
    • Saudi Arabia Self-Healing Materials Market All-Up
    • UAE Self-Healing Materials Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Self-Healing Materials Market All-Up

Major Players Operating in the Self-Healing Materials (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • ACCIONA
  • Akzo Nobel N.V.
  • Applied Thin Films Inc.
  • Arkema
  • Autonomic Materials, Inc.
  • Avecom
  • BASF SE
  • Covestro AG
  • Critical Materials S.A
  • Devan