Smart Polymers Market

18 May


Smart Polymers Market Poised to Grow at a CAGR of 21.8% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Smart Polymers Market. The report presents analysis of global as well as regional markets of smart polymers market over the period of 2016 to 2024.


Smart polymers are the polymers that change or respond according to the surrounding environmental conditions such as Temperature, humidity, pH and others. The smart polymers responds to the small change in environment which is considered to the major feature for the smart polymers. The smart polymers are used in the highly specific applications such as biomedical & biotechnology, drug delivery system, automotive, electrical & electronics and others.


The Development of Smart Textiles is expected to drive the Smart Polymers Market worldwide. The growing  adoption and demand of smart polymers from the various end use industries owing to the features provided by the smart polymers such as reacts to a small change in the environment, resilient, reliable nature, durable and others is likely to boost the growth of smart polymer market. In addition, the growing need of efficient drug delivery systems and innovative use of smart polymers in the automobile and other industries are anticipated to contribute in the growth of smart polymer market worldwide.


The polymers shows a non-linear response to a small conditions leading to a macroscopic change in their properties so they are explored as “intelligent” delivery system in drug delivery system. The better biocompatibility and biodegradability of smart polymers is projected to augment its applications in the drug delivery systems n upcoming years.  Moreover, the ongoing research and developments on smart polymers as well as growing awareness about the smart polymers across all over the globe is expected to serve more opportunities over the forecast period.


Among the geographies, the North America dominates the market of smart polymers owing to the increase in research activities, applications and commercialization of smart polymers. In the North America, U.S. is the largest consumer country of the smart polymers due to growing medical industry. Furthermore, Asia pacific is anticipated to witness the fastest growth in the smart polymers market. The growing urbanization and industrialization creates the demand of smart polymers in various end use industries including drug delivery, food and beverages, automotive, clothing and several others is likely to escalate the growth of smart polymers in the Asia Pacific region.


Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global smart polymers market but also make strategic decisions to capture the most lucrative markets in the near future.


The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that  dominated the global smart polymers market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the smart polymers market worldwide.

The report segments the global smart polymers market on the basis of Type and End use industries.


Global Smart Polymers Market by Type

·         Physical Stimuli Responsive Polymers

·         Chemical Stimuli Responsive Polymers

·         Biological Stimuli Responsive Polymers


Global Smart Polymers Market by End Use Industries

·          Biotechnology And Medicine

·         Automotive

·         Electrical & Electronics

·         Textile


Companies Profiled in the Report

·         DowDuPont

·         BASF SE

·         Akzo Nobel

·         Covestro AG

·          Evonik Industries AG

·         Merck Group 

·         SABIC

·         Huntsman International LLC

·         Akina, Inc.

·         others


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.