Self-Healing Materials Market: Current Analysis and Forecast (2021-2027)

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Emphasis by Material Type (Concrete, Coatings, Polymers, Asphalt, Fiber-Reinforced Composite, Ceramic, Metals, and Others); Industry (Building and Construction, Transportation, Electrical and Electronics, General Industrial, Healthcare, and Others); and Region and Country

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195

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76

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Report ID:

UMCH211325

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Report Description
Table of content
Research Methodology

Report Description

Self-Healing Material Market
Self-Healing Material Market

The global self-healing materials market is likely to showcase a growth of around 50% during the forecast period. Self-healing materials are materials or products which are artificially created and have the built-in ability to autonomously heal damage to themselves without external or human participation. Self-healing materials repair themselves and are high in demand due to their self-healing capability which can reduce the extra cost of maintenance. Modern self-healing materials are glass, rubber, plastic, metals, and others. These materials may heal stresses at the micro level such as small cracks. This can considerably improve the lifespan of the material. Currently, self-healing materials development is either at the preliminary or product level and so these materials are yet to be available for many applications. Applications of self-healing materials are expected almost entirely in all industries in the future. The very few applications being developed to date are mainly in the automotive, aerospace, and building industries. For example, Nissan Motor Co. Ltd has commercialized the world’s first self-healing clear coat for car surfaces.

Insights Presented in the Report

“Amongst material types, the concrete has a prominent share in the market in 2020”

Based on material type, the market is categorized into concrete, coatings, polymers, asphalt, fiber-reinforced composite, ceramic, metals, and others. Among these, concrete has a prominent share in the self-healing material market. Concrete is a conventional material largely used in construction. It is widely used in the construction of dams, ports, storage tanks, tunnels, roads, subways, and others. In spite of these, it is strong and durable.

“Amongst industry, the building and construction considerably have a large share in the self-healing materials market”

Based on industry, the market is categorized into building and construction, transportation, electrical and electronics, general industrial, healthcare, and others. Among these, building and construction considerably have a large share in the market. As the population is increasing demand for buildings and houses is also increasing. Moreover, the rising use of self-healing materials in the non-residential construction sector, for durability and high strength is one of the factors driving the self-healing materials. Further, increasing public and private investments in construction activities is also a factor fuelling the demand for self-healing materials in the construction & building sector.

“Asia-Pacific accounted for a considerable share in the global self-healing materials market”

For a better understanding of the market adoption of self-healing materials, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, France, United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. The large base of the industry in the Asia-Pacific region helped the region to obtain a significant position in the market. Further, increasing focus on research & development activities to improve the adoption of the latest technology is likely to propel the market for self-healing materials.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive country-level analysis of the industry

 

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1.1.Market Definitions 
1.2.Limitation 
1.3.Stake Holders 
1.4.Currency used in Report

 

2.1.Research Process of the Self-Healing Materials Market
2.2.Research Methodology of the Self-Healing Materials Market
2.3.Forecasting Method    
2.4.Respondent Profile    
2.5.Main Objective of the Self-Healing Materials Market Study
3MARKET SYNOPSIS

 

4EXECUTIVE SUMMARY

 

5GLOBAL SELF-HEALING MATERIALS MARKET COVID-19 IMPACT

 

6GLOBAL SELF-HEALING MATERIALS MARKET REVENUE (USD MN), 2019-2027F

 

7.1.Concrete  
7.2.Coatings  
7.3.Polymers  
7.4.Asphalt  
7.5.Fiber-reinforced composite
7.6.Ceramic  
7.7.Metals  
7.8.Others  

 

8.1.Building & Construction
8.2.Transportation
8.3.Electrical & Electronics
8.4.General Industrial
8.5.Healthcare
8.6.Others 
9.1.North America Self-Healing Materials Market 
 9.1.1.United States  
 9.1.2.Canada   
 9.1.3.Rest of North America 
9.2.Europe Self-Healing Materials Market  
 9.2.1.Germany   
 9.2.2.France   
 9.2.3.United Kingdom  
 9.2.4.Italy   
 9.2.5.Spain   
 9.2.6.Rest of Europe  
9.3.Asia Pacific Self-Healing Materials Market
 9.3.1.China   
 9.3.2.Japan   
 9.3.3.India   
 9.3.4.Australia   
 9.3.5.Rest of Asia Pacific  
9.4.Rest of World Self-Healing Materials Market 

 

10.1.Market Drivers
10.2.Market Challenges
10.3.Impact Analysis

 

11SELF-HEALING MATERIALS MARKET OPPORTUNITIES

 

12SELF-HEALING MATERIALS MARKET TRENDS

 

13HUMAN MICROBIOME MARKET OPPORTUNITIES

 

14.1.Demand Side Analysis   
14.2.Supply Side Analysis   
 14.2.1.Top Product Launches  
 14.2.2.Top Business Partnerships  
 14.2.3.Top Business Expansions, Investments, and Divestitures
 14.2.4.Top Merger and Acquisitions  

 

15VALUE CHAIN ANALYSIS

 

16.1.Porters Fiver Forces Analysis 
 16.1.1.Bargaining Power of Buyer
 16.1.2.Bargaining Power of Supplier
 16.1.3.Intensity of Rivalry 
 16.1.4.Threats of New Entrant
 16.1.5.Threat of Substitute 

 

17.1.Acciona S.A. 
17.2.E.I. Du Pont De Nemours and Company 
17.3.Arkema S.A. 
17.4.Evonik Industries AG
17.5.BASF SE  
17.6.Covestro AG 
17.7.Sensor Coating Systems Ltd.
17.8.AkzoNobel N.V. 
17.9.Slips Technologies, Inc.
17.10.Applied Thin Films, Inc.

 

18DISCLAIMER

 

Research Methodology

Research Methodology for Self-Healing Material Market Analysis (2021-2027)

Analyzing the historical market, estimating the current market, and forecasting the future market of self-healing material, three major steps are undertaken to create and analyze its adoption across the globe. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the self-healing material industry. Post assumption and validation of market numbers through primary interviews, we employed a bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of self-healing material through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the self-healing material market, we conducted a detailed secondary analysis to gather current market insights and share for different segments & sub-segments for major regions. The major segment is included in the report by material type and industry. Further regional and country-level analyses were conducted to evaluate the overall adoption of self-healing material globally.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of self-healing material. Further, we conducted factor analysis using dependent and independent variables such as increasing demand from various industries like construction, electrical and electronic, healthcare, and polymer-based consumer products. A thorough analysis was conducted for demand and supply-side scenarios considering an increasing investment, top partnerships, mergers and acquisitions, business expansion, and product launches in the self-healing material industry.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global self-healing material market, and market shares of each segment. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the bottom-up approach were applied to arrive at the market forecast to 2027 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and the adoption rate of self-healing material across the major markets
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the self-healing material market. Also, the growth strategies adopted by these players to compete in the fast-growing market

 

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants by Stakeholders and Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global self-healing material market. Data was split into several segments & sub-segments post studying various parameters and trends in the area of material type and industry.

The main objective of the self-healing material market study

The current & future market trends of global self-healing materials were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of self-healing materials in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segment in the study include the area of material type and industry
  • Defined analysis of the regulatory framework for the self-healing materials industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of self-healing materials for the major countries
  • Major regions/countries analyzed in the report include North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World
  • Company profiles of the self-healing materials market players and the growth strategies adopted by them to sustain the growing market
  • Deep dive country-level analysis of the industry

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