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Report
Smart Polymers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 138 Pages I IMARC Group
The global smart polymers market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2028, exhibiting a growth rate (CAGR) of 15.00% during 2022-2028.
Smart polymers, also known as stimuli-responsive polymers, undergo reversible large, physical or chemical changes in response to small external changes in environmental conditions. These conditions generally include temperature, pH, light, magnetic or electric field, ionic factors, and biological molecules. Smart polymers assist in reducing dosing frequency, easing preparation, maintaining desired therapeutic concentration with a single dose, prolonging the release of the incorporated drug, lowering side effects, and improving stability. As they also offer versatility and tunable sensitivity, they find extensive applications in controlled drug delivery, tissue engineering, and biomedical applications across the globe.
Smart Polymers Market Trends:
Smart polymers are widely employed in the automotive industry for manufacturing a broad range of automotive exterior and interior components. These components include fiber composite tires, actuating valves, self-healing bumpers, fluid shock systems, radiation fluid detection, automated wipers, engine air-flow control, and airbag sensors. This represents one of the key factors propelling the growth of the market. Apart from this, they are also used to produce self-healing and color-changing components and systems on account of the various beneficial properties of smart polymers. Moreover, there is a significant rise in the adoption of these polymers in the biomedical and healthcare industries worldwide for smart drug delivery systems. This can be accredited to the ability of smart polymers to maintain the stability of the drug level in the therapeutic window, allow monitoring of the medication level and enhance patient compliance. The market is further driven by the coronavirus disease (COVID-19) outbreak that has positively influenced the demand for biomedical devices and products, such as ventilators and face masks, to prevent the spread of the pandemic.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart polymers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, stimulus and application.
Breakup by Type:
Shape Memory Polymers
Electroactive Polymers
Self-Healing Polymers
Others
Breakup by Stimulus:
Physical Stimuli Responsive
Chemical Stimuli Responsive
Biological Stimuli Responsive
Breakup by Application:
Textile
Automotive
Electrical and Electronics
Biomedical and Biotechnology
Nuclear Energy
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Autonomic Materials Inc., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Huntsman International LLC, Merck KGaA, Nippon Shokubai Co. Ltd., Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), SMP Technologies Inc, Solvay S.A. and The Lubrizol Corporation.
Key Questions Answered in This Report:
How has the global smart polymers market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global smart polymers market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the stimulus?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global smart polymers market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Polymers Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Shape Memory Polymers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electroactive Polymers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Self-Healing Polymers
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Stimulus
7.1 Physical Stimuli Responsive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Chemical Stimuli Responsive
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Biological Stimuli Responsive
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Textile
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electrical and Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Biomedical and Biotechnology
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Nuclear Energy
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Akzo Nobel N.V.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Autonomic Materials Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Covestro AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Dow Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Evonik Industries AG
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Huntsman International LLC
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Merck KGaA
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Nippon Shokubai Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 SMP Technologies Inc
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Solvay S.A.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 The Lubrizol Corporation
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 SWOT Analysis
Figure 1: Global: Smart Polymers Market: Major Drivers and Challenges
Figure 2: Global: Smart Polymers Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Smart Polymers Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Smart Polymers Market: Breakup by Type (in %), 2022
Figure 5: Global: Smart Polymers Market: Breakup by Stimulus (in %), 2022
Figure 6: Global: Smart Polymers Market: Breakup by Application (in %), 2022
Figure 7: Global: Smart Polymers Market: Breakup by Region (in %), 2022
Figure 8: Global: Smart Polymers (Shape Memory Polymers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Smart Polymers (Shape Memory Polymers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Smart Polymers (Electroactive Polymers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Smart Polymers (Electroactive Polymers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Smart Polymers (Self-Healing Polymers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Smart Polymers (Self-Healing Polymers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Smart Polymers (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Smart Polymers (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Smart Polymers (Physical Stimuli Responsive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Smart Polymers (Physical Stimuli Responsive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Smart Polymers (Chemical Stimuli Responsive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Smart Polymers (Chemical Stimuli Responsive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Smart Polymers (Biological Stimuli Responsive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Smart Polymers (Biological Stimuli Responsive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Smart Polymers (Textile) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Smart Polymers (Textile) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Smart Polymers (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Smart Polymers (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Smart Polymers (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Smart Polymers (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Smart Polymers (Biomedical and Biotechnology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Smart Polymers (Biomedical and Biotechnology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Smart Polymers (Nuclear Energy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Smart Polymers (Nuclear Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Smart Polymers (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Smart Polymers (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: North America: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: North America: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: United States: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: United States: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Canada: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Canada: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Asia-Pacific: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Asia-Pacific: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: China: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: China: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Japan: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Japan: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: India: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: India: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: South Korea: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: South Korea: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Australia: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Australia: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Indonesia: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Indonesia: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Others: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Others: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Europe: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Europe: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Germany: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Germany: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: France: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: France: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: United Kingdom: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: United Kingdom: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Italy: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Italy: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Spain: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Spain: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Russia: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Russia: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Latin America: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Latin America: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Brazil: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Brazil: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Mexico: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Mexico: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Others: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Others: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Middle East and Africa: Smart Polymers Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Middle East and Africa: Smart Polymers Market: Breakup by Country (in %), 2022
Figure 82: Middle East and Africa: Smart Polymers Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Global: Smart Polymers Industry: SWOT Analysis
Figure 84: Global: Smart Polymers Industry: Value Chain Analysis
Figure 85: Global: Smart Polymers Industry: Porter's Five Forces Analysis
Table 1: Global: Smart Polymers Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Smart Polymers Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Smart Polymers Market Forecast: Breakup by Stimulus (in Million US$), 2023-2028
Table 4: Global: Smart Polymers Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Smart Polymers Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Smart Polymers Market: Competitive Structure
Table 7: Global: Smart Polymers Market: Key Players
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