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The self healing materials market size is valued to increase USD 6.29 billion, at a CAGR of 29.52% from 2023 to 2028. Long-term financial benefits provided by self-healing materials will drive the self healing materials market.
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The self healing materials industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The intrinsic segment is estimated to witness significant growth during the forecast period.
Self-healing materials, which rely on the integration of extrinsic healing agents, have gained significant traction in various industries due to advancements in material science and engineering. Extrinsic self-healing agents, such as microcapsules containing healing agents or vascular networks, can react with the environment to form bonds and restore mechanical properties. For instance, in polymers, dicyclopentadiene (DCPD) self-healing agents react with a catalyst to initiate a cycloaddition reaction, restoring the polymer's strength. Defect tolerance design and multi-scale modeling have been instrumental in enhancing the healing capacity of self-healing polymers. Corrosion resistance improvement through autonomous healing systems and in situ polymerization has also gained considerable attention.
Healing kinetics studies and fatigue crack propagation analysis have led to the development of more efficient healing mechanisms and healing efficiency metrics. Micro-encapsulation methods, such as microcapsule technology, have been employed to improve healing agent release and composite material repair. Tensile strength testing and environmental durability evaluations have shown that self-healing polymers exhibit significant improvements in fracture toughness and material lifespan extension. Nanomaterials applications, including self-healing concrete and reactive monomer systems, have contributed to the durability enhancement of self-healing materials. Stress intensity factor studies and shape memory alloys have further expanded their potential applications across various sectors. The market for self-healing materials is expected to grow substantially, with an estimated 25% of the global composite materials market adopting self-healing technologies by 2025.
Furthermore, the market for self-healing concrete is projected to expand at a rapid pace, with a projected growth of 30% by 2030. These trends underscore the continuous evolution and growing importance of self-healing materials in various industries.
The Intrinsic segment was valued at USD 613.60 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 38% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Self Healing Materials Market Demand is Rising in APAC Request Free Sample
The market in APAC is experiencing significant growth due to the escalating infrastructure development, particularly in emerging countries. The demand for advanced self-repairing polymers from industries such as construction and transportation is fueling market expansion. Moreover, the innovation of self-healing microcapsules containing rejuvenators to prevent cracks in asphalt formulations is a notable trend. The acceptance of self-healing materials is increasing due to their unique ability to mend damages caused by mechanical friction.
Additionally, the shift from conventional materials to advanced self-healing materials for their long-term benefits is further propelling market growth. As a professional, it is essential to acknowledge the role of these factors in the evolving the market in APAC.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The global self-healing materials market encompasses innovative materials engineered to autonomously repair damages, offering significant advancements in durability and longevity across various industries. Polymer network design plays a pivotal role in self-healing, with microcapsule size distribution and catalyst concentration impacting the healing efficiency. Under cyclic loading, fatigue cracks in self-healing materials exhibit growth behavior that can be modeled using stress intensity factor calculations. Designing autonomous healing systems involves integrating damage detection sensors and embedded vascular networks in composites, enabling timely identification and response to damages. Chemical reaction kinetics modeling and understanding the healing agent release mechanism are crucial aspects of self-healing material performance.
Crack propagation modeling in polymers and fracture toughness enhancement strategies are essential to optimizing the self-healing properties of these materials. Material characterization techniques and multi-scale modeling are essential for understanding the self-healing behavior at different length scales. The adoption of additive manufacturing in self-healing materials is gaining traction, offering improved performance and long-term durability. Environmental factors significantly influence the self-healing capabilities of materials, necessitating extensive research in this area. Tensile strength recovery kinetics and fracture toughness enhancement strategies are critical for enhancing the self-healing performance under various stress conditions. Notably, the industrial application segment accounts for a significantly larger share in the self-healing materials market compared to the academic segment, highlighting the growing industry interest and potential for commercial applications.
This trend is expected to continue as the market matures and gains wider acceptance across various industries.
The self healing materials market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the self healing materials market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Self Healing Materials Industry
Companies are implementing various strategies, such as strategic alliances, self healing materials market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Acciona SA - The company specializes in advanced self-healing materials, including innovative elastomers, which autonomously repair damages, enhancing durability and efficiency in various industries.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Self Healing Materials Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
174 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 29.52% |
Market growth 2024-2028 |
USD 6288.8 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
23.94 |
Key countries |
US, China, Germany, Japan, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What is the expected growth of the Self Healing Materials Market between 2024 and 2028?
USD 6.29 billion, at a CAGR of 29.52%
What segmentation does the market report cover?
The report is segmented by Form Factor (Intrinsic and Extrinsic), Technology (Reversible polymers, Microencapsulation, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)
Which regions are analyzed in the report?
APAC, North America, Europe, South America, and Middle East and Africa
What are the key growth drivers and market challenges?
Long-term financial benefits provided by self-healing materials, Limited self healing mechanisms
Who are the major players in the Self Healing Materials Market?
Acciona SA, Adaptive Surface Technologies Inc., Applied Thin Films Inc., Arkema Group., Autonomic Materials Inc., Avecom NV, BASF SE, CEMEX SAB de CV, Costain Group Plc, Covestro AG, DuPont de Nemours Inc., Element Solutions Inc., Evonik Industries AG, Green Basilisk BV, Ilika, NEI Corp., QinetiQ Ltd., SAS Nanotechnologies, Sensor Coating System Ltd., and Sika AG
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Form Factor
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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