Top Companies in Self-Healing Materials Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Self-Healing Materials Market is predicted to reach a value of USD 6.75 Billion by 2030 at a CAGR of 25.32% over the forecast period.
Vantage Market Research has recently published a new report on the “Self-Healing Materials Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in the Self-Healing Materials market. Some of the key statistics in this report highlight that Global Self-Healing Materials was valued at USD 1.4 Billion in 2022 and is predicted to reach a value of USD 6.75 Billion by 2030 at a CAGR of 25.32% over the forecast period. The steep rise in the global Self-Healing Materials market is attributed to rising demand from different end-user segments, including the aerospace, transport and automobile, research and development, medical, building and construction, and electronics industries.
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The Global Self-Healing Materials market is dominated by well-known players like Acciona SA, Arkema SA, BASF SE, Covestro AG, Evonik Industries AG, AkzoNobel AZ, Enevate Corporation, Devan Chemicals, Autonomic Materials Inc. Sensor Coating Systems Limited, among others. These market participants are also pursuing strategies like investments, partnerships, acquisitions, and mergers to increase their market dominance. Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating the Self-Healing Materials Market
- Arkema SA (U.S.)
A French multinational chemical company that offers a range of self-healing polymer solutions for various industries such as automotive, aerospace, and electronics. The company's self-healing polymers can repair damage caused by cuts, scratches, and impacts. The company serves its clients globally.
- Acciona SA (Spain)
A Spanish conglomerate that offers self-healing concrete solutions for the construction industry. The self-healing concrete is capable of repairing cracks and damage caused by mechanical stress or environmental factors. The technology is particularly useful in the construction of bridges and tunnels. The company has a worldwide reach.
- Covestro AG (Germany)
A German multinational company that offers polyurethane-based self-healing coatings for various industries, including automotive, aerospace, and construction, that are sold globally. The company's self-healing coatings can repair surface damage caused by scratches, abrasions, and impacts.
- BASF SE (Germany)
A German chemical company that offers self-healing materials such as polymers, coatings, and adhesives for various industries, including automotive, construction, and electronics. The company's self-healing materials can repair damage caused by cuts, scratches, and impacts. BASF boasts a global clientele.
- Autonomic Materials Inc. (United States)
A US-based company that offers self-healing additives for coatings and composites used in various industries. The company's additives can autonomously repair damage caused by scratches, cracks, and other types of surface damage. The company sells its products worldwide.
- AkzoNobel NV (Netherlands)
Dutch multinational company that offers self-healing coatings for various industries, including marine, aerospace, and automotive. The company's self-healing coatings can repair damage caused by impacts, scratches, and other types of surface damage. AkzoNobel products are sold globally.
- Evonik Industries AG (Germany)
A German specialty chemicals company that offers self-healing polymers and coatings for various industries, including automotive, aerospace, and electronics. The company's self-healing materials can repair damage caused by cuts, scratches, and impacts. Evonik Industries AG has a global clientele.
- Sensor Coating Systems Ltd. (United Kingdom)
A UK-based company that offers self-healing coatings for sensors used in various industries including automotive, aerospace, and industrial manufacturing. The company's self-healing coatings can repair damage caused by scratches, wear and tear, and other types of surface damage. This is a globally renowned company.
- Enevate Corporation (United States)
A US-based company that offers self-healing battery technology for various applications, including electric vehicles and consumer electronics. The company's self-healing batteries can repair damage caused by overcharging and physical stress. Enevate has a worldwide reach.
- Devan Chemicals (Belgium)
A Belgian specialty chemicals company that offers self-healing textiles for various applications including, fashion, sportswear, and medical textiles. The company's self-healing textiles can repair damage caused by wear and tear, exposure to environmental factors, and other types of surface damage. The company’s products can be found worldwide.
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