Dynamics and Growth Prospects of Global Shape-Memory Polymer Market Forecast 2018-2023

Shape-Memory Polymer

Global Shape-Memory Polymer Market Research Report 2018 presents an in-depth assessment of the Shape-Memory Polymer Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Shape-Memory Polymer Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Shape-Memory Polymer Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Shape-Memory Polymer industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Shape-Memory Polymer market growth over the forecast period.

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The global shape-memory polymer market is expected to witness a CAGR of around 15%, owing to increasing application from healthcare industry. The growing construction industry in Asia-Pacific region is also, likely to stimulate the market growth.

Healthcare Industry Driving the Market

The major driver for the market is increasing application of shape-memory polymer in healthcare for smart drug delivery, orthodontic implants, orthopedic braces and splints, cardiovascular stents, catheters, etc. Global demand for healthcare products and services will continue to rise in the coming years due to aging populations in mature markets and improving access to healthcare in emerging ones. The United States contributes the highest share in the global healthcare industry and is likely to witness a significant growth rate, which is expected to boost the shape-memory polymer market.

Temperature-Induced SMP the Leading Stimulus Type

Among the stimulus type-based segments, temperature-induced SMP is expected to dominate over the others. There are numerous opportunities in the textile industry, which can drive the demand of temperature-induced smart polymers market. Textiles integrated with these SMPs can help in achieving different 3D forms in garments. Window curtains or films with temperature-induced SMPs can also act under the influence of heat, which changes the microstructure and macrostructure properties of smart clothing.

Automotive and Construction Expected to Drive the Asia-Pacific Market

Asia-Pacific is expected to register the highest growth, due to the booming construction industry. The region is also expected to be an emerging market during the forecasted period with an increase in automotive manufacturing facilities in China, India, Indonesia and Thailand. In the automotive industry, shape memory polymers are used in reconfigurable storage bins, seat assemblies, energy absorbing assemblies, airflow control systems, and others. North America and Europe are expected to experience considerable growth, owing to their established aerospace, robotics, and healthcare industries.

Notable Developments

A new photosensitive shape-memory polymer is developed, which can be suitable for 3D printing technology via UV curing.

Major Players: Spintech LLC, Cornerstone Research Group, Covestro, MedShape and SMP Technologies Inc., amongst others.

Reason to Purchase this Report

To understand the impact of various stimulus type on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating end-user industry and stimulus type in the market
Countries expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs

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Shape-Memory Polymer Market Forecast 2018-2023

The Shape-Memory Polymer industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Shape-Memory Polymer production, supply, sales and market status.

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Price of Shape-Memory Polymer Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

 

 

 

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