PUBLISHER: Grand View Research | PRODUCT CODE: 1588473
PUBLISHER: Grand View Research | PRODUCT CODE: 1588473
The global self-healing polymers market size was estimated at USD 1.57 billion in 2023 and is expected to grow at a CAGR of 26.18% from 2024 to 2030. Advancements in material science are enabling the development of more efficient self-healing polymers that can autonomously repair damage, making them ideal for applications in industries like automotive and aerospace where material longevity is crucial.
The market is experiencing a significant trend towards sustainability, driven by the rising environmental concerns and the push for eco-friendly materials. Companies are increasingly focusing on developing self healing polymers using bio-based or renewable resources to reduce their carbon footprint. This aligns with the global shift towards greener alternatives, particularly in industries like automotive and consumer electronics, where durability and environmental impact are critical factors. As consumers and manufacturers prioritize sustainability, innovations in biodegradable self healing polymers are gaining traction, helping the market grow while meeting regulatory and consumer demands.
Global Self-healing Polymers Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented global self-healing polymers market report based on the material, end-use, and region: