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Smart Polymers Global Market Outlook 20172023 [Report Updated: 01082017] Prices from USD $4150

16:48 EDT 12 Oct 2017 | BioPortfolio Reports

According to Stratistics MRC, the Global Smart Polymers market is expected to grow from $1.52 billion in 2016 to reach $3.98 billion by 2023 with a CAGR of 14.7%. Application of shape memory polymer in automotive industry, requirement of efficient technologies over existing ones, beneficial property of phase transition and the usage of smart polymers for controlled drug delivery are the crucial factors that fuel the growth of the market. On the contrary, high cost associated with the use of smart polymers and changes over in the industry of healthcare are the key factors to hamper the growth of the market in the forthcoming years.

Among the Polymer types, the shape memory polymers segment hold the highest share in the market, because of the broad range of applications like inexpensive, reusable custom molds, deployable components and dynamic configurable parts. North America led the global market with largest share. It is likely to remain in the leading position throughout the forecast period due to technological advancements. AsiaPacific is expected to witness the fastestgrowth as a result of the rapid industrialization of the main product endusers primarily automotive, textile, and electrical electronics sector.

Some of the key players in global Smart Polymers Market include The Dow Chemical Company
SigmaAldrich Corporation, SABIC, Nissan Chemical Industries Ltd., Nippon Shokubai, Nexgenia Corporation, Natureworks LLC, MacDermid Autotype Ltd., Lubrizol Corporation, Huntsman International LLC, High Impact Technology, FMC Corporation, DuPont, Covestro AG, BASF SE, Autonomic Materials, Akzo Nobel, Advanced Polymer Materials Inc, Advanced Biopolymers AS, Acros Organics.

Applications Covered:
Bio Medical Technology
o Tissue Engineering
o Drug Delivery
o BioSeparation
o Biocatalyst
Electrical Electronics
Nuclear Energy
o Waste Management
o Radiation Detection
Textile
Automotive
Packaging
Optical Data Storage
Medical Devices
Other Applications

Stimulus Types Covered:
Biological StimuliResponsive
Physical StimuliResponsive
Chemical StimuliResponsive
Other Stimulus Types

Technologies Covered:
Collaborative
Traditional

Polymer Types Covered:
ThermoResponsive Polymers
EnzymesResponsive Polymers
pHResponsive Polymers
Shape Memory Polymers
SelfHealing Polymers
PhotoResponsive Polymers
Electroactive MagneticallyResponsive Polymers
Other Polymer Types

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
South America
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Middle East Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East

What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
Market Trends Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Original Article: Smart Polymers Global Market Outlook 20172023 [Report Updated: 01082017] Prices from USD $4150

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