Smart Polymers Market By Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer), By End Use (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others) By Region, and Competition

  • Industry : Chemicals
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  • Published Date : NA
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Report Description

Report Description

Global Smart Polymers Market is projected to grow at an impressive rate through 2028. Smart polymers and responsive materials are frequently utilized to create novel smart devices, sensors, and actuators; these materials' functions stem from their capacity to react to external stimuli in a way that can be easily observed. The triggering stimuli can be of a physical (temperature, light, electric or magnetic field, mechanical stress, etc.), chemical (pH, ligands, etc.), or biological (enzymes, etc.) kind, depending on the responsive material under study. The design of the meso- or macroscopic arrangement of the constituent parts, as seen in metamaterials, can be used to achieve this responsiveness, or responsive materials themselves can be used, whose responsiveness is derived from the chemistry underpinning its microstructure.

A responsive material can be created when the responsiveness at the molecular level is well-ordered, and the nanoscale response is collectively detected at the macroscale. By highlighting the key traits, responsive mechanisms, and properties of smart polymers and by offering a mechanical modeling perspective on both the molecular and continuum scale levels, we examine the vast field of responsive polymers in this article. Our goal is to give a thorough review of the key characteristics and modeling elements of the most widely used smart polymers. Active materials' quantitative mechanical description is essential to their creation and application because it makes it possible to manipulate the microstructure of the materials to achieve certain functionalities and to construct cutting-edge devices. Various types of smart polymers is thermo-responsive polymers, which can undergo a reversible phase transition in response to changes in temperature. For example, poly(N-isopropylacrylamide) (PNIPAAm) is a well-known thermo-responsive polymer that undergoes a sharp transition from a hydrophilic to a hydrophobic state when the temperature is raised above its lower critical solution temperature (LCST). This transition can be utilized for various applications, such as drug delivery and tissue engineering.

Low-Cost Substitute for Metal

Engineering plastics outperform traditional metal structures in many ways. With regard to both technical and economic development, the range of applications for these intelligent plastic solutions goes far beyond automotive engineering and opens up enormous potential for the solar, construction, and water industries. Smart Polymers' electrical conductivity property is anticipated to support their expanding use in touchscreen displays, electronic transistors, and light-emitting diodes, which will drive the market. The substance has a high rate of white light absorption, which is advantageous to produce photovoltaic cells. The substance is also used to make microchips, which are a necessary part of most electronic equipment. Companies that produce materials have begun to create conductive inks, which are used to print circuits from the material and conduct electricity. As a result, demand for the product should increase for the projected period due to the potential it will offer the electronic sector. The smart polymers are pH-responsive polymers, which can undergo a reversible change in their properties in response to changes in pH. For example, poly(acrylic acid) (PAA) is a pH-responsive polymer that can swell or shrink depending on the pH of the surrounding environment. This property can be utilized for various applications, such as controlled release of drugs and sensors. This property helps in substituting metals and can also detect elements which may change the pH. The automotive and aerospace industries are also adopting smart polymers in various applications. Smart polymers can be used to design self-healing materials that can repair themselves when damaged. This property can improve the durability and reliability of vehicles and aircraft and reduce maintenance costs. The electronics industry is another sector that is exploring the use of smart polymers in various applications. Smart polymers can be used to design sensors that can detect specific stimuli, such as changes in temperature or humidity, and respond by changing their physical or electrical properties. This property of smart polymers has led to the development of several commercial products, including humidity sensors and temperature sensors.



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Growing Technological Advancement for Sustainable Development

Smart polymer materials have qualities and functions that are either novel or improved when compared to typical materials, for their application, exceptional performance is essential. A subclass of sophisticated materials known as smart materials exhibits dynamic features in reaction to outside stimuli. High-performance functional nanomaterial development is crucial for enabling and supporting the evolution of materials to keep up with the extraordinarily quick technological evolution. Despite the fantastic possibilities provided by smart polymer materials, sustainability and circularity have emerged as key factors in the creation of new materials. The difficulties in producing materials with enhanced or novel functions that use renewable raw materials and circular design principles at the same time. The objective of this Special Issue is to showcase the most recent research in the rapidly developing field of dual-objective polymer materials with cutting-edge and sustainable features. Contributions on such materials in many application sectors will be gathered in the issue are sustainable smart textile materials, advanced polymer materials for sustainable energy applications, biodegradable packaging materials with smart functionalities, and sustainable advanced materials in the transport sector.

Recent Developments

  • In 2021, DSM Engineering Materials and Chroma Color Corporation announced a collaboration to develop smart polymer-based colorants for the healthcare and medical device markets. The collaboration combines DSM's expertise in medical-grade materials with Chroma Color's colorant technology to produce high-quality smart polymer-based colorants
  • In 2020, Stratasys Ltd. launched a line of smart polymer-based 3D printing materials called "BioMimics". These materials mimic the properties of human tissues and can be used to create realistic models for medical training and simulation. The materials are also suitable for designing and prototyping medical devices.
  • In 2020, BASF SE launched a new smart polymer product called "Elastosense". The product is a conductive polymer that can sense changes in pressure and temperature, making it suitable for use in various applications, such as automotive and consumer electronics.
  • In 2019, Derma Sciences Inc. launched a line of smart hydrogel-based wound dressings that use pH-responsive polymers to provide a moist wound healing environment.
  • In 2019, Menicon Co. Ltd. launched a line of smart polymer-based contact lenses that use stimuli-responsive materials to change shape in response to eye movements.



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Market Segmentation

Global Smart Polymers market is segmented by type, and end use. Based on type, the market is divided into physical stimuli-responsive polymer, chemical stimuli-responsive polymer & biological stimuli-responsive polymer. Based on end use, the market is segmented into biomedical and biotechnology, textile, electrical and electronics, automotive & others.

Market players

BASF SE, The Lubrizol Corporation, The DOW Chemical Company, Evonik Industries AG, Merck Group, Covestro AG, Huntsman International LLC., Autonomic Materials Inc., Saudi Arabia Basic Industries Corporation (SABIC), and Nippon Shokubai Co. Ltd are key market players.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, Volume Forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         End Use

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Canada, Mexico; China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Italy, Spain; Brazil, Argentina, Colombia; South Africa, UAE, Saudi Arabia, Turkey, and Egypt.

Key companies profiled

BASF SE, The Lubrizol Corporation, The DOW Chemical Company, Evonik Industries AG, Merck Group, Covestro AG, Huntsman International LLC., Autonomic Materials Inc., Saudi Arabia Basic Industries Corporation (SABIC), and Nippon Shokubai Co. Ltd

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Global Smart Polymers Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Smart Polymers Market, By Type:
    • Physical Stimuli-Responsive Polymer,
    • Chemical Stimuli-Responsive Polymer
    • Biological Stimuli-Responsive Polymer
  • Smart Polymers Market, By End-Use:
    • Biomedical and Biotechnology
    • Textile
    • Electrical and Electronics
    • Automotive
    • Others
  • Smart Polymers Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Turkey
  • Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies in Global Smart Polymers Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Smart Polymers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.       Product Overview

2.       Research Methodology

3.       Executive Summary

4.       Voice of Customer

4.1.    Product Quality

4.2.    Factors Influencing Purchase Decision

5.       Global Smart Polymers Market Outlook 

5.1.     Market Size & Forecast

5.1.1.  By Value

5.2.     Market Share & Forecast

5.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

5.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

5.2.3.  By Company

5.2.4.  By Region

5.3.     Market Attractiveness Index (By Type & By Region)

6.       Asia-Pacific Smart Polymers Market Outlook

6.1.     Market Size & Forecast

6.1.1.   By Value

6.2.      Market Share & Forecast

6.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

6.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

6.2.3.  By Country (China, Japan, India, South Korea, Australia & Rest of Asia Pacific)

6.2.3.1. China Smart Polymers Market Outlook

6.2.3.1.1. Market Size & Forecast

6.2.3.1.1.1. By Value

6.2.3.1.2. Market Share & Forecast

6.2.3.1.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

6.2.3.1.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

6.2.3.2. India Smart Polymers Market Outlook

6.2.3.2.1. Market Size & Forecast

6.2.3.2.1.1. By Value

6.2.3.2.2. Market Share & Forecast

6.2.3.2.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

6.2.3.2.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

6.2.3.3. Japan Smart Polymers Market Outlook

6.2.3.3.1. Market Size & Forecast

6.2.3.3.1.1. By Value

6.2.3.3.2. Market Share & Forecast

6.2.3.3.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

6.2.3.3.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

6.2.3.4. Australia Smart Polymers Market Outlook

6.2.3.4.1. Market Size & Forecast

6.2.3.4.1.1. By Value

6.2.3.4.2. Market Share & Forecast

6.2.3.4.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

6.2.3.4.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

6.2.3.5. South Korea Smart Polymers Market Outlook

6.2.3.5.1. Market Size & Forecast

6.2.3.5.1.1. By Value

6.2.3.5.2. Market Share & Forecast

6.2.3.5.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

6.2.3.5.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

7.       North America Smart Polymers Market Outlook

7.1.     Market Size & Forecast

7.1.1.   By Value

7.2.      Market Share & Forecast

7.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

7.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

7.2.3.  By Country (United States, Canada, Mexico & Rest of North America)

7.2.3.1. United States Smart Polymers Market Outlook

7.2.3.1.1. Market Size & Forecast

7.2.3.1.1.1. By Value

7.2.3.1.2. Market Share & Forecast

7.2.3.1.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

7.2.3.1.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

7.2.3.2. Canada Smart Polymers Market Outlook

7.2.3.2.1. Market Size & Forecast

7.2.3.2.1.1. By Value

7.2.3.2.2. Market Share & Forecast

7.2.3.2.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

7.2.3.2.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

7.2.3.3. Mexico Smart Polymers Market Outlook

7.2.3.3.1. Market Size & Forecast

7.2.3.3.1.1. By Value

7.2.3.3.2. Market Share & Forecast

7.2.3.3.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

7.2.3.3.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

8.       South America Smart Polymers Market Outlook

8.1.     Market Size & Forecast

8.1.1.   By Value

8.2.      Market Share & Forecast

8.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

8.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

8.2.3.  By Country (Brazil, Argentina, Colombia & Rest of South America)

8.2.3.1. Brazil Smart Polymers Market Outlook

8.2.3.1.1. Market Size & Forecast

8.2.3.1.1.1. By Value

8.2.3.1.2. Market Share & Forecast

8.2.3.1.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

8.2.3.1.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

8.2.3.2. Argentina Smart Polymers Market Outlook

8.2.3.2.1. Market Size & Forecast

8.2.3.2.1.1. By Value

8.2.3.2.2. Market Share & Forecast

8.2.3.2.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

8.2.3.2.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

8.2.3.3. Colombia Smart Polymers Market Outlook

8.2.3.3.1. Market Size & Forecast

8.2.3.3.1.1. By Value

8.2.3.3.2. Market Share & Forecast

8.2.3.3.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

8.2.3.3.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

9.       Europe Smart Polymers Market Outlook

9.1.     Market Size & Forecast

9.1.1.   By Value

9.2.      Market Share & Forecast

9.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

9.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

9.2.3.  By Country (UK, Germany, France, Italy, Spain & Rest of Europe)

9.2.3.1. Germany Smart Polymers Market Outlook

9.2.3.1.1. Market Size & Forecast

9.2.3.1.1.1. By Value

9.2.3.1.2. Market Share & Forecast

9.2.3.1.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

9.2.3.1.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

9.2.3.2. France Smart Polymers Market Outlook

9.2.3.2.1. Market Size & Forecast

9.2.3.2.1.1. By Value

9.2.3.2.2. Market Share & Forecast

9.2.3.2.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

9.2.3.2.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

9.2.3.3. United Kingdom Smart Polymers Market Outlook

9.2.3.3.1. Market Size & Forecast

9.2.3.3.1.1. By Value

9.2.3.3.2. Market Share & Forecast

9.2.3.3.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

9.2.3.3.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

9.2.3.4. Italy Smart Polymers Market Outlook

9.2.3.4.1. Market Size & Forecast

9.2.3.4.1.1. By Value

9.2.3.4.2. Market Share & Forecast

9.2.3.4.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

9.2.3.4.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

9.2.3.5. Spain Smart Polymers Market Outlook

9.2.3.5.1. Market Size & Forecast

9.2.3.5.1.1. By Value

9.2.3.5.2. Market Share & Forecast

9.2.3.5.2.1. By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

9.2.3.5.2.2. By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

10.    MEA Smart Polymers Market Outlook

10.1. Market Size & Forecast

10.1.1.    By Value

10.2.  Market Share & Forecast

10.2.1.   By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

10.2.2.   By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

10.2.3.   By Country (Saudi Arabia, UAE, Iraq, South Africa & Rest of MEA)  

10.2.3.1. Saudi Arabia Smart Polymers Market Outlook

10.2.3.1.1.  Market Size & Forecast

10.2.3.1.1.1.  By Value

10.2.3.1.2.   Market Share & Forecast

10.2.3.1.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

10.2.3.1.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

10.2.3.2. UAE Smart Polymers Market Outlook

10.2.3.2.1.  Market Size & Forecast

10.2.3.2.1.1.  By Value

10.2.3.2.2.  Market Share & Forecast

10.2.3.2.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

10.2.3.2.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

10.2.3.3. Iraq Smart Polymers Market Outlook

10.2.3.3.1.  Market Size & Forecast

10.2.3.3.1.1.  By Value

10.2.3.3.2.  Market Share & Forecast

10.2.3.3.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

10.2.3.3.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

10.2.3.4. South Africa Smart Polymers Market Outlook

10.2.3.4.1.  Market Size & Forecast

10.2.3.4.1.1.  By Value

10.2.3.4.2.  Market Share & Forecast

10.2.3.4.2.1.  By Type (Physical Stimuli-Responsive Polymer, Chemical Stimuli-Responsive Polymer & Biological Stimuli-Responsive Polymer)

10.2.3.4.2.2.  By End-Use Industry (Biomedical and Biotechnology, Textile, Electrical and Electronics, Automotive & Others)

11.    Market Dynamics

11.1.   Drivers/Opportunities

11.2.   Challenges/Pitfalls

12.    Market Trends & Developments

13.    Competitive Landscape

13.1.      Company Profiles (Top 10 Companies)

14.Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Based on end use, the market is segmented into biomedical and biotechnology, textile, electrical and electronics, automotive & others.

Biomedical and Biotechnology is expected to capture the highest market share in the forecast period.

Europe led global Smart Polymers market, as the region is one of the largest graphene material manufacturers and suppliers. Moreover, the governments of various countries in Europe are supporting major players which are working towards the advancement of Smart Polymers.

BASF SE, The Lubrizol Corporation, The DOW Chemical Company, Evonik Industries AG, Merck Group, Covestro AG, Huntsman International LLC., Autonomic Materials Inc., Saudi Arabia Basic Industries Corporation (SABIC), and Nippon Shokubai Co. Ltd are the key players operating in Global Smart Polymers Market.

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