Smart Polymers Market by Type, End-Use Industry & Region - Global Forecast to 2022 - Research and Markets
The "Smart Polymers Market by Type (Physical Stimuli, Chemical Stimuli, and Biological Stimuli Responsive Polymers), End-Use Industry (Biomedical & Biotechnology, Textile, Electrical & Electronics, Automotive), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The smart polymers market was USD 634.2 Million in 2016 and projected to reach USD 2,071.1 Million by 2022, at a CAGR of 21.9% between 2017 and 2022.
Smart polymers are also known as stimuli responsive polymers that react to different external stimuli such as pH change, UV light, temperature change, pressure, magnetic or electric field, and enzymatic changes. Increasing adoption of smart polymers in the automotive and drug delivery sectors is expected to drive the global smart polymers market during the forecast period. High cost of technology development and polymer production may act as restraints for the smart polymers market.
The physical stimuli responsive polymers segment is projected to witness the highest CAGR during the forecast period. Polymers under this type respond to several stimuli such as temperature, light, pressure, electric field, and magnetic field. The growth of this type of polymers is directly associated with the growing demand for innovative technologies in end-use industries such as biomedical & biotechnology, automotive, and textiles.
Companies Mentioned
- Advanced Polymer Materials Inc.
- Akina Inc.
- Basf Se
- Evonik Industries Ag
- Merck Group
- Nei Corporation
- Reactive Surfaces Ltd
- SMP Technologies Inc.
- Spintech Llc
- The Dow Chemical Company
- The Lubrizol Corporation
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Smart Polymers Market, By Type
7 Smart Polymers Market, By End-Use Industry
8 Smart Polymers Market, By Region
9 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/59kfw3/smart_polymers
View source version on businesswire.com: http://www.businesswire.com/news/home/20171020005529/en/