San Francisco, 11 December 2018, Smart
Polymers Market Analysis By Stimulus Type (Physical, Chemical, Biological), By
Application (Biomedical & Biotechnology, Automotive, Textile, Electrical &
Electronics, Textile, Nuclear Energy) And Segment Forecasts, 2018 – 2025
The global smart polymers market is expected to reach USD
20.02 billion by 2025, according to a new report by Grand View Research, Inc.
Biomedical & biotechnology was the prominent segment and accounted for
approximately 45.5% of the overall revenue in 2015. Smart polymers are used
widely in the biomedical & biotechnology sector for drug delivery systems,
tissue engineering, bioseparation, and biocatalyst.
Stimuli-responsive materials
undergo various physicochemical changes when they respond to external stimuli
such as temperature, pH, chemical ions, enzymes, sound, light, and other
factors. Furthermore, these products are not only adaptive to the changes in
surroundings but are also capable of regaining their original properties. The
attributes mentioned above make smart polymers favorable for use in producing
self-regulated drug delivery systems, tissue engineering systems, bioseparation
devices, and reversible biocatalysts.
Access Full Research
Report On Smart Polymers Market Analysis:
www.grandviewresearch.com/industry-analysis/smart-polymers-market
www.grandviewresearch.com/industry-analysis/smart-polymers-market
Further key findings from the report suggest:
·
The North America smart
polymers industry was valued at USD 1.16 billion in 2015 and is expected to
show high gains on account of technological advancement in the major end-use
industries such as biotechnology, biomedical engineering, and medical &
healthcare. This scenario is likely to be reflected in the U.S., which
constituted 88.9% revenue in the North America region.
·
Europe held the second-largest
share of the total market in 2015 accounting for 34.8% of the volume share.
Healthcare & medical services, research & development in nanomedicine,
and use of effective diagnostic devices are some of the key growth contributing
trends in Europe region.
·
Strict environmental
regulations governing the use of conventional polymers coupled with rising
health awareness among consumers are a few of the socio-economic factors that
are considered to impact the Europe healthcare and biomedical industry
positively.
·
The industry is dominated by
major participants including Advanced Polymer Materials Inc., BASF SE, Nippon
Shokubai, Advanced Biopolymers AS, FMC Corporation, Autonomic Materials,
Nexgenia Corporation, Covestro AG, Lubrizol Corporation, Sigma-Aldrich Corporation,
and Acros Organics.
·
Prominent market participants
such as Autonomic Materials, Inc. is engaged in manufacturing of smart
polymeric materials that are capable of adapting and repairing themselves post
any damage imposed by the external environment.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand View Research has segmented the
global smart polymers market on the basis of application and region:
Stimulus Type Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
Physical
·
Chemical
·
Biological
·
Others
Application Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
Biomedical & Biotechnology
o
Drug Delivery
o
Tissue Engineering
o
Bioseparation
o
Biocatalyst
·
Automotive
·
Electrical & Electronics
·
Textile
·
Nuclear Energy
o
Radiation Detection
o
Waste Treatment
·
Others
Regional Outlook (Volume, Tons;
Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
Japan
o
India
·
Latin America
·
MEA
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-smart-polymers-market
www.grandviewresearch.com/press-release/global-smart-polymers-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
