Smart Polymers Market Anticipated to $3,070 million by 2022| Advanced Polymer Materials, Lubrizol, Nexgenia

The global Smart Polymer Market was valued at $1,250 million in 2015, and is projected to reach $3,070 million by 2022, growing at CAGR of 12.6% from 2016 to 2022. Smart polymers are tough, easy to process, flexible, resilient, and biocompatible that are used in numerous applications. The significance of smart polymers is increasing day by day owing to their ability to undergo large reversible, physical, or chemical changes in response to fluctuations in the environmental conditions. They respond to several environmental stimuli such as pH, temperature, light, electric field, enzymes, and biomolecules. These are used in numerous promising applications in biomedical field such as tissue engineering scaffolds, cell culture supports, delivery systems of therapeutic agents, and sensors or actuators systems.

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The global smart polymer market is in its growth stage wherein North America and Europe are leading markets, owing to increase in research activities and technological advancement in biomedical field. The market is driven by factors such as, increase in need for efficient and economical drug delivery system, innovative use of smart polymers in the automotive industry, and valuable property of reversible phase transitions of smart polymers, whereas high cost is anticipated to hamper market growth.

The List of companies covered in this Reports are

Covestro AG

BASF SE

Saudi Arabia Basic Industries Corporation (SABIC)

Akzonobel

Nippon Shokubai

FMC Corporation

Autonomic Materials Inc.

Advanced Polymer Materials Inc.

Lubrizol Corporation

Nexgenia Corporation

The report segments the smart polymers market on the basis of stimulus type, polymer type, application, and geography. On the basis of stimulus type, the market is divided into physical stimuli responsive, chemical stimuli responsive, and biological stimuli responsive smart polymers. On the basis of type, it is categorized into shape memory polymers, electroactive polymers, self-healing polymers, and others. Furthermore, based on applications, it is segmented into biomedical & biotechnological, textile, electrical & electronics, automotive, nuclear energy, and others. On the basis of geography, it is classified into North America, Europe, Asia-Pacific, and LAMEA.

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Table of Content:

1 INTRODUCTION

2 EXECUTIVE SUMMARY

3 MARKET OVERVIEW

4 SMART POLYMERS MARKET, BY STIMULUS TYPE

5 SMART POLYMERS MARKET, BY TYPE

6 SMART POLYMERS MARKET, BY APPLICATION

7 SMART POLYMERS MARKET, BY GEOGRAPHY

8 COMPANY PROFILES

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Posted by on Tuesday May 21 2019, 5:33 AM EDT. All trademarks acknowledged. Filed under Automotive & Transportation, Automotive Manufacturing, Chemicals & Materials, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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