Wednesday, 18 April 2018

Self-Healing Materials Market Top Vendors, Industry Application Analysis and Outlook Forecast by 2022

Global self-healing materials market is expected to gain a positive traction in the forthcoming period. Self-healing materials are those materials that have the ability to heal inevitably with heat or external pressure. From the commercial view, ability of a material to show autonomous or self-repair is of much significance in terms of sustainability, safety and cost. Self-healing materials helps in boosting the lifespan of construction materials that are prone to severe cracks. These materials then encompass and heal the cracks and also avoid the cracks from getting expanded.


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Commercial significance of self-healing materials is mainly sought by ships or oil & gas production and also in coating of docks. This is done to strengthen the steel and prevent corrosion. Driving factors responsible for the growth of self-healing materials market include rise in use of self-healing materials in construction sector. Also, the versatile features of self-healing materials enable positive growth in the near future. However, the cost constraint involved in the self-healing material market may hamper the growth.

Based on segmentation by product, the self-healing materials market includes concrete, fiber-reinforced composite, metals, coatings, polymers and asphalt. Based on segmentation by application, the self-healing materials market include medical, electronics, transportation, building & construction, aerospace, automotive and mobile devices.

Geographically, self-healing materials industry spans North America, Latin America, Europe, Middle-East, Asia-Pacific and Africa. North America and Europe market dominates the global market owing to rise in use of self-healing materials and replacing synthetic hydrogels. APAC and MEA market is likely to gain a positive traction in the forthcoming period owing to rise in awareness and availability of proper medical structure.

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The key players in the self-healing materials market include Teijin Aramid, Acciona, AkzoNobel, Autonomic Thin Films, Arkema, BASF, Avecom, Covetro, Devan Chemicals, Critical Materials, Dupont, Sensor Coating Systems and Slips Technologies. Several startups and big players are undertaking R&D activities with newer applications and innovations and commercialization in production of self-healing materials.

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