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Self-healing Materials Market Foreseen to Grow Exponentially by 2028

06-08-2022 02:14 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Self-healing materials are materials that have the ability to recover the damage caused to them automatically or with external stimulation such as light and temperature but with no human intervention. Self-healing materials are preferred to prevent frequent cracks or damage that may deteriorate overtime and affect the efficiency of the system. In addition, self-healing materials increase the lifespan of components and may help save additional costs.

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The self-healing materials market is anticipated to grow in the forecast period owing to increasing applications of self-healing materials for safety purposes in construction, electronics, military, automotive and consumer products. Furthermore, preference for durable materials to save future costs further propel market growth. However, highly priced products restrict the self-healing materials market growth. On the other hand, growing self-healing materials market is filled with opportunities on account of huge investments in R&D.

The global self-healing materials market is segmented on the basis of type and end-user industry. Based on type, the market is segmented as polymers, composites, ceramics, concrete and others. The market on the basis of the end-user industry is classified as healthcare, automotive, electrical & electronics, construction, aerospace and others.

Leading Companies:

Acciona, S.A.
Akzo Nobel N.V.
Apple Inc.
Autonomic Materials, Inc.
BASF SE
Bayer AG
MacDermid Autotype Ltd.
Michelin North America Inc.
NEI Corporation
SMP Technologies Inc.

The "Global Self-Healing materials Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of self-healing materials market with detailed market segmentation by type, end-user industry and geography. The global self-healing materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading self-healing materials market players and offers key trends and opportunities in the market.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

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