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Polymer Chameleons Market Research Report - Global Forecast till 2030

Global Polymer Chameleons Market Research Report: Information by Type (Ph Responsive, Electric & Magnetic-Responsive, Photo-Responsive, Shape Memory, Enzyme-Responsive, Self-Healing, Thermo-Responsive, and Others), Application (Drug Delivery, Molecular Separation, Flexible Chips, Biofilms, Automotive & Transportation, and Others), and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)—Forecast till 2030

ID: MRFR/CnM/1541-HCR | December 2022 | Region: Global | 135 Pages         

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Polymer Chameleons Market Overview


Polymer chameleons market is projected to be worth USD 1.48 Billion by 2030, registering a CAGR of 12.5% during the forecast period (2022 - 2030).


Polymer chameleons are the bio-engineered polymeric materials and can be closely associated with the smart polymers and are stimuli-responsive, as they can change their microstructure with the change in their surroundings. This deformation of their structure also leads to the change in color of the polymers, caused by the scattering of the light from the polymer surface and can be controlled by selecting the length or density of the sidechains in the polymers, since it is a physical phenomenon it can be reversed to its normal state. The stimuli can influence the response towards change in heat, light, electric and magnetic fields, chemical conditions, and others. Owing to its high durability, flexibility, and attain stiffness when stretched with a change in its color, these polymers are seeming to have a potential future in the medical sector and could be used in the applications for the production of biological devices such as actuators systems, bio-separation devices, cell structure systems, and others. 


 Moreover, these polymer chameleons can play a major role in personalized prostheses, including replacement of intervertebral discs, vascular implants, and intraocular implants. The increasing need for smart polymers with a long a lifespan has been the key driver for the surge in the growth of the polymer chameleon market. The high cost of raw material is the challenge faced by the manufactures, which can hamper the growth of the polymer chameleons market.

Key Players


Some of the prominent players in the global polymer chameleons market are BASF SE (Germany), DuPont de Nemours, Inc. (US), Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), Autonomic Materials, Inc. (US), Huntsman International LLC. (US), High Impact Technology, LLC. (US), Honeywell International Inc. (US), MacDermid Autotype Ltd (UK), LyondellBasell Industries Holdings B.V.(Netherlands), Chameleon International Search Limited (UK), Commonwealth Scientific and Industrial Research Organisation (Australia), SMP Technologies Inc. (India), TOPAS Advanced Polymers/Polyplastics (Germany), and ULTROXA Polymers (Belgium).

Segmentation

The global polymer chameleons market has been classified into type, application, and region.

 

Based on type, the global polymer chameleons market has been categorized into ph responsive, electric & magnetic-responsive, photo-responsive, shape memory, enzyme-responsive, self-healing, thermo-responsive, and others. The thermo-responsive polymers are the most widely used polymers.

 

Based on application, the global polymer chameleons market has been segregated into drug delivery, molecular separation, flexible chips, biofilms, automotive & transportation, and others. The drug delivery segment held the largest market share in 2018.

Regional Analysis 


The global polymer chameleons market has been characterized into five regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific held the largest market share of global polymer chameleons market in 2018 owing to the increasing investments in the R&D for incorporating innovation in smart polymers used in the medical industry and for developing better ways for medical implantations by incorporating mechanical properties.

 

Europe has a prominent share in the global polymer chameleons market owing to the presence of the renowned players in the region that are driving the growth of the polymer chameleons in the global market.

 

Moreover, the stringent regulations implemented by the environmental and governmental agencies regarding the use of synthetic polymers in the medical industry has prompted manufacturers to adopt the polymer chameleons and increase their production, hence leading to the growth of the polymer chameleons in the regional market. North America is witnessing significant growth in the polymer chameleons market owing to the developed healthcare industry and continuously growing medical industry in the region.

 

Furthermore, there have been several investments in R&D for improving biomedical devices, which has increased the demand for polymer chameleons in drug delivery and molecular separation applications. Latin America, especially countries such as Mexico and Chile, is witnessing slow but steady growth in the polymer chameleons market, owing to the increasing applications of polymer chameleons in the automobile industry as a substitute for petroleum-based plastics. The Middle East & Africa is expected to witness sluggish growth in the polymer chameleons market during the forecast period.

Recent Development

May 2021 - Scientists have developed a synthetic skin that changes color in reaction to the environment using luminogens and a bilayer structure. The new chameleon-like skin was created to identify the freshness of seafood, but the technology might be utilized for various purposes. A single layer matrix of different light-sensitive molecules creates the most color-changing synthetic skins. Researchers used luminogens, compounds that cause crystals to illuminate, coat two hydrogel layers — an inner core and an outer shell — for the new material. Scholars could generate a more complicated variety of color shifts and patterns by grouping luminogens into two layers.


Intended Audience
:



  • Manufacturers and distributors of polymer chameleons

  • Suppliers and traders of polymer chameleons

  • Government, associations, and industrial bodies

  • Investors and trade experts

  • Consulting in chemical experts

  • Healthcare sector

  • R&D sectors

  • Raw material suppliers

  • Potential investors




Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 1.48 Billion
  CAGR   12.5% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany), DuPont de Nemours, Inc. (US), Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), Autonomic Materials, Inc. (US), Huntsman International LLC. (US), High Impact Technology, LLC. (US), Honeywell International Inc. (US), MacDermid Autotype Ltd (UK), LyondellBasell Industries Holdings B.V.(Netherlands), Chameleon International Search Limited (UK), Commonwealth Scientific and Industrial Research Organisation (Australia), SMP Technologies Inc. (India), TOPAS Advanced Polymers/Polyplastics (Germany), and ULTROXA Polymers (Belgium)
  Key Market Opportunities   Rising applications of polymer chameleons in the automobile industry
  Key Market Drivers   Increasing need for smart polymers with a long a lifespan


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Frequently Asked Questions (FAQ) :

The market would achieve a valuation of USD 1.48 billion.

The Polymer Chameleons Market 12.5% during the forecast period of 2022-2030.

The high cost of raw materials could restrain the market.

The thermos-responsive polymers segment was in-charge of the market.