Press release
Shape Memory Polymer Market Overview by 2025 | Cornerstone Research, DowDuPont, The Lubrizol Corporation, MedShape, Inc., Asahi Kasei Plastics North America, Inc., SMP Automotive Global
Ethylene Butyl Acrylate Market
According to a new research report by Global Market Insights, Inc.Shape Memory Polymers Market size will likely surpass USD 1.4 billion by 2025.
Request sample copy of this report @
https://www.gminsights.com/request-sample/detail/3355
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Cornerstone Research
2. DowDuPont
3. The Lubrizol Corporation
4. MedShape, Inc.
5. Asahi Kasei Plastics North America, Inc.
6. SMP Automotive Global
7. Nanoshel
8. Shape Memory Medical Inc.
A key growth driving factor for the shape memory polymers market will be the increasing product demand in automotive and aerospace industry. Actuators and sensors made from SMPs are used in automobiles to replace hydraulic systems or small electric motors. Actuators made from shape memory polymers help in improving vehicle performance, fuel economy and reduce component size. Ongoing research related to SMP usage in manufacturing vehicle seats will also boost product demand in the automotive sector in upcoming years.
In aerospace sector, shape memory polymer are utilized for the application of optical reflectors, antennas, trusses, morphing skins, booms, hinges, etc. SMPs are majorly used in the deployable structures and components in aerospace sector. Major manufacturers are investing into research and development activities to expand the application area of the shape memory polymers in the aerospace and space exploration industry. Increasing product usage in the textile, construction and cosmetic industries will also augment the overall shape memory polymers market share till 2025.
Epoxy based SMP materials are likely to gain by more than 20% CAGR in the forecast timeframe owing to their rising usage as engineering materials. The material has excellent processability and thermomechanical property. Epoxy based shape memory polymers exhibit excellent response to stimuli, high fixation & recovery ratios, and a rapid and tunable recovery process. Their market will be propelled by rising usage of the material in deployable structures for aerospace industry and actuators in the automotive sector.
Browse Complete Summary of this report @
https://www.gminsights.com/industry-analysis/shape-memory-polymer-market
Research and development application segment of shape memory polymers market will exceed USD 500 million by 2025 due to increasing investments by market participants in SMP research. However, the segment’s growth rate will be comparatively lower as commercialization of SMP products that are still in the research phase will increase by the end of the forecast timeframe. Commercial segment is likely to grow with a high growth rate in the forecast timeframe due to increasing number of shape memory polymer products entering the market in upcoming years.
Aerospace industry use shape memory polymer in deployable structures & components due to its high deformability, stability and light weight. Increasing growth in the aerospace industry in developed countries such as the U.S. is likely to drive the SMP market demand in the upcoming years. Rising space exploration activities will also augment product usage in manufacturing different spaceship components and parts.
Europe will be a key region in the shape memory polymers market in the upcoming years. This is due to rising investment in research and development in the aerospace industry. The region spends around 10% of its total aerospace turnover in R&D activities. Some of the major initiatives supported by European commission for developing aerospace industry includes The Strategic Research and Innovation Agenda (SRIA), Horizon 2020, SESAR Joint Undertaking, Clean Sky, etc. are likely to drive the research and development activities in aerospace sector in the upcoming years and in turn propel product demand.
Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/3355
Some participants of shape memory polymers market share include Asahi Kasei Corporation, Nanoshel, Composite Technology Development, MedShape, DowDuPont, Cornerstone Research Group, Shape Memory Medical, Lubrizol, Changchun Foliaplast Bio-Tech, SMP Technologies, EndoShape, Guangzhou Manborui Materials Technology Company, etc.
Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Shape Memory Polymer Market Overview by 2025 | Cornerstone Research, DowDuPont, The Lubrizol Corporation, MedShape, Inc., Asahi Kasei Plastics North America, Inc., SMP Automotive Global here
News-ID: 1783325 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for SMP
Global Plastic Bumpers Market 2018 - Magna, SMP, Tong Yang
Apex Market Reports, recently published a detailed market research study focused on the “Plastic Bumpers Market” across the global, regional and country level. The report provides 360° analysis of “Plastic Bumpers Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Plastic Bumpers on…
Global Skim Milk Powder (SMP) Market Research Report 2016
This report studies SMP in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Danone
Nestle
FrieslandCampina
Arla
Vreugdenhil Dairy
Alpen Dairies
California Dairies
DFA
Lactalis
Land OLakes
Fonterra
Westland
Tatura
Burra Foods
MG
Ausino
Yili
Mengniu
Feihe
Wondersun
To Get Sample Copy of Report visit @ http://www.qyresearchreports.com/sample/sample.php?rep_id=904085&type=E
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate…
Trailer Connector Kit Market 2017 - Acdelco, Curt Mfg, Motorcraft, SMP
A market study based on the "Trailer Connector Kit Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Trailer Connector Kit Market 2017’. The research report analyses the historical as well as present performance of the worldwide Trailer Connector Kit industry, and makes predictions on the future status of Trailer Connector Kit market on the basis of this analysis.
Get Free Sample Copy of Report…
Trailer Brake Market 2017 - Acdelco, Curt Mfg, Motorcraft, SMP
A market study based on the "Trailer Brake Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Trailer Brake Market 2017’. The research report analyses the historical as well as present performance of the worldwide Trailer Brake industry, and makes predictions on the future status of Trailer Brake market on the basis of this analysis.
Get Free Sample Copy of Report Here : https://goo.gl/b00vbT
Top Manufacturers…
Russell Bedford member firm launches SMP eGaming
Russell Bedford member firm SMP Partners, Isle of Man, has announced the launch of SMP eGaming, a specialist consultancy practice.
After six years as a major player in the industry, and a dominant force behind the growth of the Isle of Man's gaming sector, the SMP Group has decided the time is right to create a dedicated eGaming consulting company.
SMP eGaming provides objective and unbiased advisory services, multi-jurisdictional licensing, regulatory compliance…
Russell Bedford firm SMP Partners makes digital currency history
SMP Partners, a member firm of Russell Bedford International, has made history by becoming the first corporate service provider in the Isle of Man to accept Bitcoin payment from its clients.
The decision to allow invoices to be settled with Bitcoin is part of the firm’s commitment to embrace digital currency. SMP Partners already has an established Digital Currency team, led by Andrew Corris, and is engaged with a number…
