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Self-Healing Polymer Market Size

ID: MRFR//2791-HCR | 133 Pages | Author: Chitranshi Jaiswal| June 2024

An all-time high amount of state and private research and development funds are flooding the self-healing polymer market. Business and government are both spending money to learn more about self-healing materials because they have a lot of potential. With this new money, things are moving faster in this field.
There are some great things about self-healing plastics, but price is still a big deal that impacts the market. The market has more room to grow when experts work on making factory methods less expensive. To get a lot of people to use something, especially in price-conscious businesses, it needs to be able to grow without lowering quality.
Rules and regulations play a big role in creating the market for self-healing plastics. People in the market have to follow rules about how to stay safe and how to behave in public. These laws say that self-healing plastics must meet certain standards. This makes them a good choice for companies that have high safety standards.
Efficiency and the environment are becoming more important to people as their tastes change. Self-healing plastics can help the business grow if more people know about them. As word spreads, demand is likely to rise. This will be good for the market.
It's very competitive in the self-healing polymer business. A lot of companies want to get in on the action. Businesses often join, work together, or form relationships in order to get better. How key players compete to make new products and get into new markets often determines how markets change over time.
The COVID-19 spread showed how weak the world's supply chains are. Like many other businesses, the self-healing polymer business had trouble with shipping and manufacturing. People who want to make plans for the future need to know how strong the market is when things go wrong.

Covered Aspects:

Report Attribute/Metric Details
Market Size Value In 2022 USD 0.9 Billion
Market Size Value In 2023 USD 1.46 Billion
Growth Rate 62.20% (2023-2032)

Global Self-Healing Polymer Market Overview


The self-healing polymer market size was valued at USD 1.46 billion in 2023. The self-healing polymer industry is projected to grow from USD 2.37 Billion in 2024 to USD 69.93 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 52.68% during the forecast period (2024 - 2032).The increased development in the construction industry in emerging countries and the growing use of self-healing polymer in biomimetics for the healthcare industry are the key market drivers enhancing the market growth.Self-Healing Polymer Market ShareSource: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Self-Healing Polymer Market Trends




  • Awareness regarding rapid healing time is driving the market growth




Market CAGR for the self-healing polymer is driven by the development of self-healing technologies over the last few decades. Several R&D experts in science & material engineering have constantly been interested in creating self-healing polymeric materials. Self-conductive materials are electronic or bioelectric materials simulated by incorporating reversible adhesives into the conductive kind of polymers by executing conductive fillers in self-healing polymers. NASA has utilized several self-healing systems for wiring structures and aeronautical engineering, resulting in excellent results without scars post-healing. The moderate healing time for self-healing polymer has been declared to be 15-20 seconds. NASA has even created certain materials with even more quick healing time by exploiting the viscoelastic properties of materials at elevated temperatures for aerospace, aircraft, rotorcraft, and bulletproof applications in the defense sector. This is anticipated to boost the market growth of the self-healing polymer.


Additionally, growing construction activities of public and private infrastructure in a rising economy, including India, is one of the major driving factors driving the growth of the market for self-healing polymer. Government enterprises such as the Make in India campaign further assist the domestic manufacturing processes, enabling easy access to raw materials needed in the construction industry. The self-healing polymer has several uses owing to its power and extended lifespan in infrastructure, which would profit the construction industry. Furthermore, increasing the adoption of CMCs, composites, and polymer-based materials in the building shall drive the self-healing polymer market revenue.


Additionally, self-healing polymers help automatically repair and restore functionalities at microscopic levels without human intervention. Environmental stimuli trigger them, including UV light and pH alterations or mechanical damage, such as a microcrack. The industry has faced a downfall during the pandemic. This is because of the implementation of temporary lockdowns and other strict regulations by governments across the globe to curb the spread of the virus.


Moreover, multinational companies actively engaged in R&D to develop new technologies. They are using these technologies to create a diverse range of products, which allows them to tap new markets and expand their customer base. Self-healing polymer are designed to fix the damage at a microscopic level, helping to prevent further damage and prolong the life of the material. Technologies like hollow glass fibers, optical fibers, and microcapsules are used to manufacture special composites, depending on the intended application.


In 2023, RideWrap introduced Lotus Pro™ 10 Protection Film. Our latest bicycle-specific protection film, which includes embedded superhydrophobic ceramic and self-healing capabilities, as well as the world's first paint protection film created from 77% recycled materials.


Self-Healing Polymer Market Segment Insights


Self-Healing Polymer Form Insights


The self-healing polymer market segmentation, based on the form, includes capsule-based, vascular-based, and intrinsic-based. The intrinsic-based segment dominated the market, accounting for the major market revenue over the forecast period. Intrinsic systems or elements have the innate ability to restore the integrity of the material after damage. These materials also require an external factor to stimulate the healing process. For instance, reversible healing polymers Diels Alder and Retro Diels Alder are exceptional due to their thermal reversibility. The functional groups of furan and maleimide construct the polymer undergoing the DA reaction. Upon heating, it breaks down to its component units through Retro DA and reforms the polymer on cooling.


Figure 1: Self-Healing Polymer Market, by Form, 2023 & 2032 (USD billion)Self-Healing Polymer Market, by FormSource: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Self-Healing Polymer End-User Industry Insights


The self-healing polymer market segmentation, based on the end-user industry, includes paints & coatings, building & construction, electrical & electronics, aerospace, healthcare, and others. The building & construction category generated the most income over the forecast period. As construction activities are increasing, especially in the emerging countries of Asia Pacific, including China and India, the self-healing polymer demand for construction applications is expected to show significant growth over the forecast period. The rising socio-economic necessity to build hi-tech infrastructure and buildings in emerging economies of Asia Pacific and Latin America is expected to augment the market growth.


Self-Healing Polymer Regional Insights


By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North America self-healing polymer market area will dominate this market, owing to the mounting construction sector in this region. In the building & construction industries adoption of green technologies and environment-friendly construction materials is anticipated to impact market growth positively. Additionally, increasing demand for self-healing polymer from the defense and aerospace industry of the U.S is a key factor driving the market in this region. Further, the US self-healing polymer market held the largest market share, and the Canada self-healing polymer market was the fastest-growing market in the North America region.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: SELF-HEALING POLYMER MARKET SHARE BY REGION 2023 (%) SELF-HEALING POLYMER MARKET SHARE BY REGION 2022Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe self-healing polymer market accounts for the second-largest market share. The increasing use of self-healing polymer attributed to incomparable properties like durability, thermal stability, abrasion resistance, stiffness, strength, and others shall foster the market growth in this region. Further, the German self-healing polymer market held the largest market share, and the UK self-healing polymer market was the fastest-growing market in the European region.


The Asia-Pacific Self-Healing Polymer Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to increased demand for self-healing polymer, particularly from China and India. China's building industry is expanding at a rapid pace. As per the National Bureau of Statistics of China, construction output in China was valued at around CNY 276 billion (USD 40 billion) in the fourth quarter of 2022, showing a 50% improvement over the previous quarter. Moreover, China’s self-healing polymer market held the largest market share, and the Indian self-healing polymer market was the fastest-growing market in the Asia-Pacific region.


Self-Healing Polymer Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the self-healing polymer market grow even more. Market participants are also undertaking various strategic activities to expand their footprint ly, with important market developments including contractual agreements, new product launches, mergers and acquisitions, higher investments, and collaboration with other organizations. The self-healing polymer industry must provide cost-effective items to enhance and survive in a more competitive and growing market climate.


Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the self-healing polymer industry to benefit clients and increase the market sector. Major players in the self-healing polymer market, including The Dow Chemical Company, Covestro AG, High Impact Technology, LLC, Huntsman International LLC, Michelin Group, MacDermid Autotype Ltd., and others, are attempting to enhance market demand by supporting R&D operations.


The Goodyear Tire & Rubber Co is a tire manufacturing company. It develops, distributes, manufactures, and markets a broad range of rubber tires, corresponding products, and services ly. The enterprise also manufactures and markets a capacity of rubber-related chemicals. Goodyear also serves commercial truck businesses and is a foremost organization in retreading tires for tread rubber, automobiles, and other tire retreading materials and also provides automotive repair and miscellaneous services. Its tires, and related products find application in all major industries which rely on vehicles for logistics. In March 2020, The Goodyear Tire & Rubber Company revealed its latest concept tire, known as Recharge. The tire can determine the extent of its own wear and repair defects using a liquid mixture of synthetic rubber reinforced with novel fibers. Moreover, the user needs to periodically insert capsules with this substance into the grooves on the tire hub.


CompPair Technologies Ltd. manufactures healable composite materials intended to extend the lifetime of composite structures. The company's material is made of strong fibers embedded in a matrix which helps in repeated damage healing and easier recycling at the end of life, enabling the composites industry to reduce maintenance costs, increase product lifetime, and improve sustainability. In March 2021, CompPair Technologies Ltd., a Switzerland-based company, launched advanced composite self-healing technology.


Key Companies in the Self-Healing Polymer market include




  • The Dow Chemical Company




  • Covestro AG




  • High Impact Technology, LLC




  • Huntsman International LLC




  • Michelin Group




  • MacDermid Autotype Ltd.




  • Akzo Nobel N.V.




  • Evonik Industries Corp.




  • BASF SE




  • NEI Corp.




Self-Healing Polymer Industry Developments


October 2022: Engineering researchers at North Carolina State University announced the development of a new self-healing composite that permits structures to repair themselves in place without having to be terminated from service. This latest technology determines two longstanding challenges for self-healing polymer and can significantly expand the lifespan of structural elements such as wind-turbine edges and aircraft wings.


July 2021: Using robotic intervention and self-sensing and self-healing polymer, the Engineering and Physical Sciences Research Council, a division of UK Research and Innovation, announced a partnership and a planned investment of USD 22.5 million in the design of sustainable road maintenance projects.


Self-Healing Polymer Market Segmentation


Self-Healing Polymer Form Outlook




  • Capsule Based




  • Vascular Based




  • Intrinsic Based




Self-Healing Polymer End User Industry Outlook




  • Paints & Coatings




  • Building & Construction




  • Electrical & Electronics




  • Aerospace




  • Healthcare




  • Others




Self-Healing Polymer Regional Outlook




  • North America




    • US




    • Canada






  • Europe




    • Germany




    • France




    • UK




    • Italy




    • Spain




    • Rest of Europe






  • Asia-Pacific




    • China




    • Japan




    • India




    • Australia




    • South Korea




    • Australia




    • Rest of Asia-Pacific






  • Rest of the World




    • Middle East




    • Africa




    • Latin America





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