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Study Report adds new research on Self -Healing Materials market, which is a
detailed analysis of this business space inclusive of the trends, competitive
landscape, and the market size. Encompassing one or more parameters among
product analysis, application potential, and the regional growth landscape, Self
-Healing Materials market also includes an in-depth study of the industrys
competitive scenario.
According
to a new study the global self-healing materials market is anticipated to reach
USD 8.23 billion by 2026.
Self-healing
materials are artificially developed substances that are capable of restoring
and repairing their functionality automatically without the requirement of any
external or human intervention. These materials have the inbuilt capacity to
substantially recover their load transferring ability after damage. Since its
introduction, there have been numerous innovations in the field of self-healing
materials. These products are being developed for application in smart phone
screens and are made of ionic salts and stretchable polymers. These components
are not only capable of healing scratches & cuts but also conduct
electricity. They consist of bonds such as an ion-dipole interaction, which is
a strong force between polar molecules and charged ions. These ions attract
each other when the material experiences scratches or minute cracks. However,
it takes around twenty-four hours for the ions to get back to their original
formation.
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Major
industry participants manufacturing these products in the global market space
include Dow Chemicals, AkzoNobel, Huntsman Advanced Materials, and Autonomic
Materials, Slips Technologies, Inc., Sensor Coating Systems Ltd., Acciona S.A.,
Applied Thin Films, Inc. (ATFI), Akzo Nobel N.V., Avecom N.V., Autonomic
Materials Inc., BASF SE, Covestro AG (Formerly Bayer Material Science),
Critical S.A. and Devan Chemicals.
In
recent times, self-healing materials such as epoxy resins, hydrogels among
others have found applications in concrete and roofing materials. Researchers
in this field have discovered a specific bacteria group, which are embedded in
the concrete thereby aiding the material to heal cracks. These bacteria produce
metabolic calcium carbonate which acts as the healing agent. Further research
and development in this sector has led to the introduction of soak clay balls
that contain these bacteria types which are then added to concrete used in
various construction projects such as residential buildings, bridges, tunnels
etc.
As
the water starts penetrating the concrete structure, these bacteria or
microorganisms become active and hence, release calcium carbonate, which is one
of the primary components of concrete mixtures. These bacteria are capable of
closing cracks, however only up to a range of few millimeters. Some of the
other recent developments that have been commercially introduced in the market
include the self-healing screen used in smart phones. Motorola uses
shatterproof displays which are an example of the application of these
components used in smart phone displays in the present scenario. These
advancements in the industry along with such high rate of commercialization of
these products in the industry are some significant factors that support a
robust growth of self-healing materials in the near future.
Key
findings from the study suggest that the largest share of the market in 2017
was of the North American region. This is due to the fact that major research
projects in this field have been undertaken in universities along with support
from the multinationals in the U.S. The country was the leading market in terms
of production for the past few years. The substantially advanced automobile,
aerospace manufacturing sector in the U.S. has been the major industries
driving demand of these products since its inception.
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Table of Contents
1. Overview and Scope
2. Executive Summary
3. Self Healing Materials Market Insights
4. Self Healing Materials Market Size and
Forecast by Material Type
5. Self Healing Materials Market Size and
Forecast by Technology Type
6. Self Healing Materials Market Size and
Forecast by End-Use Type
7. Self Healing Materials Market Size and
Forecast by Regions
8. Company Profiles
8.1. Akzo Nobel N.V.
8.2. Acciona S.A.
8.3. Arkema SA
8.4. Applied Thin Films, Inc. (ATFI)
8.5. BASF SE
8.6. Autonomic Materials Inc.
8.7. Critical Materials S.A.
8.8. E. I. Du Pont De Nemours and Company
8.9. Devan Chemicals
8.10. Evonik Industries
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