Uploaded on May 7, 2019
Self-Healing Materials Market
Self-Healing Materials Market
Self-Healing Materials Market to Witness Steady Expansion During 2018 – 2026
Self-healing materials are synthetically manufactured products that can automatically and
autonomously heal or repair the damages without any external intervention or human
interference. Materials degrade over time due to stress, ecological conditions, or the damage that
occurs during the operation itself. Self-healing materials are able to encounter this degradation by
initiating a restoration mechanism that responds to the micro-damage. The market growth for
self-healing materials is expected to grow due to their exceptional properties and advantages such
as hollow fibers can easily be mixed and tailored with the conventional reinforcing fibers, higher
volume of healing agent such as monomers, dyes, catalysts and hardeners are available to repair
damages. Owing to these factors the self-healing materials market is expected to propel at a
higher rate in the construction, plastics and adhesives industry during the forecast period.
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The major drivers for the global self-healing materials market are the long term warranties and
the long-term monetary benefits provided by the use of self-healing materials as compared to
conventional materials. Companies such as Acciona S.A., AkzoNobel N.V., and others are
providing self-healing materials across the globe. For instance, in April, 2015, Acciona
Infraestructuras were involved in two European projects, SHINE Project (Self-Healing Innovative
Elastomers) and the HEALCON project where the company developed plastic materials that can
heal themselves at ambient temperature and various asphalt mixes that used self-repairing
materials were developed. The SHINE project was aimed for the development of new self-healing
elastomers with mechanical properties comparable to conventional ones with 60% recovery of the
initial properties after healing, repeatable self-healing, operable at room temperature and without
human intervention.
Self-Healing Materials Market Taxonomy:
On the basis of form, the global self-healing materials market is classified into:
•Extrinsic
•Capsule-Based
•Vascular
•Intrinsic
On the basis of material, the global self-healing materials market is classified into:
•Concrete
•Polymers
•Asphalt
•Fiber-Reinforced Composites
•Ceramic
•Metals
•Others
On the basis of technology, the global self-healing materials market is classified into:
•Reversible Polymers
•Microencapsulation
•Shape Memory Materials
•Biological Material Systems
On the basis of end-user industry, the global self-healing materials market is classified into:
•Construction
•Automotive
•Aerospace
•Electrical & Electronics
•Others
Construction is the largest segment among the end-user industries for self-healing materials
market in both developing and developed economies, as it helps enhance the durability and
serviceability, improve safety and reduce maintenance costs. The use of self-healing materials is
projected to witness a major rise in aerospace and automotive industries as the fastest growing
segment, as it is expected to help manufacturers reduce the maintenance and repairing costs of
the industry.
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Self-Healing Materials Market Outlook:
•In North America, the U.S. is the largest market for self-healing materials. The demand
for self-healing materials in this region is due to the growing use of self-healing materials
in various end-user industries such as aerospace and automotive. The presence of major
players in North America such as Arkema Inc. and others are projected to result in
developments of self-healing materials, supporting high growth in the market. For
instance, Arkema Inc. collaborations with university and government laboratories helped
Arkema to develop self-healing material products such as Reverlink in 2010. North
America is the largest market for cladding systems in burgeoning construction industry is
also one of the driving factors for the self-healing materials market to strive in the US
market. Moreover, the Trump government promises of change in public infrastructure and
the New Building Canada Fund commitment towards sanctioning of US$ 10 billion over a
10-year period i.e. 2014-2024, to build public infrastructure. This factors are expected to
propel the growth of the self-healing materials market in North America.
•The Asia-Pacific region is expected to be the fastest growing market for self-healing
materials. The ever increasing industrial development rates, condensed population in cities,
and escalating funds in the automobile and electrical sectors, are the driving forces that
augment vigorous regional growth of this market. The availability of a bigger market
combined with cheaper manufacturing costs is projected to experience enhanced
application of self-healing materials in this region. Asia Pacific is the fastest growing
market due to the flourishing growth of construction industries in the emerging markets of
India, China, Indonesia, and the ASEAN countries. The shift in population from rural
settlements to cities, has augmented this growth. According to stats released by World
Bank in 2016, 57% of China’s and 33% of India’s population live in urban settlements.
These factors drive the growth of the self-healing materials market in this region.
•The increasing advanced infrastructure and development in the Middle East is projected to
result in an increasing demand for self-healing materials in this region during the forecast
period. Joint ventures and consolidation of major industry players with the regional
manufacturers, is expected to boost the self-healing market positively in this region. The
growth of the construction market in various emerging counties of Africa is expected to
provide ample opportunities for growth of the self-healing materials market in this region,
during the forecast period
Scientists at the University of California have produced a self-healing material that is expected to
be utilized in smartphone screens by 2020, which is projected to be a major breakthrough for the
global self-healing materials market. The increasing use of self-healing materials in day to day
applications, could result in the production and development of cheaper self-healing materials.
Major self-healing material producers include Acciona S.A., AkzoNobel N.V., Applied Thin Films,
Inc., Arkema SA, Autonomic Materials Inc., Avecom N.V., BASF SE, Covestro AG, Critical
Materials S.A., Devan Chemicals, E.I. Du Pont De Nemours and Company, Evonik Industries,
Sensor Coating Systems Ltd., and Slips Technologies, Inc.
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