Market Overview

Smart Polymers Market - Global Industry Analysis and Forecasts to 2024 - ResearchAndMarkets.com

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The "Smart
Polymers Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2024"
report has been added to ResearchAndMarkets.com's
offering.

The report predicts the global smart polymers market to grow with a CAGR
of 21.8% over the forecast period of 2018-2024.

The report on global smart polymers market provides qualitative and
quantitative analysis for 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.

Segments Covered

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

Company Profiles

  • DowDuPont
  • BASF SE
  • Akzo Nobel
  • Covestro AG
  • Evonik Industries AG
  • Merck Group
  • SABIC
  • Huntsman International LLC
  • Akina, Inc.
  • Others

For more information about this report visit https://www.researchandmarkets.com/research/jrrks8/smart_polymers?w=4

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