Uploaded on Oct 30, 2019
Global Self-healing materials market will grow with a projected CAGR of 23.74% during the forecast period and will reach revenue of $2027.43 million by 2027. Read more: https://www.inkwoodresearch.com/reports/global-self-healing-materials-market/
Self-Healing materials market | Global Trends, Size, Forecast 2019-2027
GLOBAL SELF-HEALING MATERIALS MARKET
FORECAST 2019-2027
• The global self-healing materials market is
projected to evolve with a CAGR of 23.74% during
the forecast period 2019-2027.
• By the end of the estimated period, the market is
expected to generate a revenue of $2027.43
million.
• The growing applications of self-healing coatings
accompanied by other factors are driving the
growth of self-healing materials market worldwide.
• The global self-healing materials market includes segments
such as technology, end-user, material type, and form.
• The widening adoption of materials in the sectors such as
healthcare, automotive, construction, biotechnology,
electronics, and others are influencing the market growth.
• The demand for self-healing materials like self-healing
cement and self-healing mortars is increasing in the
construction sector, in turn, fueling the market growth.
• Geographically, the global self-healing
materials market is bifurcated into regions,
namely, Asia Pacific, Europe, North America,
and Rest of World segment.
• Europe captures the largest market share in
terms of revenue owing to the increasing
demand for self-healing materials from
several end-users.
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The North America self-healing materials market is
expected to record a GAGR of 20.60% between 2019
and 2027. In 2018, the North America market contributed
$XX million and was estimated to reach $XX million by
2027 in terms of revenue. The surging adoption of
several types of self-healing materials like coatings,
polymers, concrete, Asphalt, ceramic, and others is
driving the market growth in the region at a significant
pace.
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The European self-healing materials market is
estimated to register the CAGR of 23.93% during
the forecast period while generating the revenue of
$XX million by the end of the 2019-2027 period.
The large scale adoption of self-healing materials
in various end-user industries, especially,
automotive and construction, is influencing the
market growth in this region.
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The Asia Pacific region showcases the fastest-growing
market for self-healing materials market. The Asia Pacific
self-healing materials market is estimated to flourish with a
CAGR of 26.69% during 2019-2027. The market amounted
for revenue of $XX million in 2018 and is anticipated to
contribute $XX million by the end of the forecast period.
Australia, India, Japan, South Korea, China, along with
Rest of Asia Pacific are the emerging economies assessed
in the Asia Pacific self-healing materials market.
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The eminent companies in the global self-healing
materials market are Applied Thin Films Inc., NEI
Corporation, High Impact Technology, Covestro,
AkzoNobel N.V., BASF SE, DuPont, Acciona, S.A,
Autonomic Materials, MacDermid Autotype Ltd., and
Arkema.
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