Smart Polymers Market Research Report- Forecast to 2027

Smart Polymers Market Information- by Stimulus Type (Physical, Chemical and Biological Responsive Polymers), by Application (Biotechnology and Medicine, Electrical & Electronics, Automotive, Drug Delivery Systems, and Others) - Forecast till 2027

ID: MRFR/CnM/3297-HCR | February 2021 | Region: Global | 135 pages

Synopsis of Smart Polymers Market:


The increasing consumption of smart polymers in textile, automotive, electrical & electronics industries has propelled the market to witness the highest CAGR in the coming years.

Smart Polymers are composed of a wide range of macromolecules that reacts to a small change in the environment. They are also known as stimuli responsive polymers or intelligent materials. These polymers not only exhibit sensitive changes to environment but also return to their original state. The important trends and factors which are promoting the market confidently are strong, resilient, durable and reliable nature. Due to these features, they are used in various applications such as biotechnology and medicine, electrical & electronics, automotive, drug delivery systems, and others.


As per our survey, the Global Smart Polymers Market is segregated into stimulus type and application. On the basis of stimulus type, the market is further sub-divided into physical, chemical and biological responsive polymers. Among these, physical stimuli responsive polymers segment holds a major share of the market on account of its growing use in biotechnology and medicine segment. These polymers are highly sensitive to temperature, ultrasounds, light, pH and mechanical stress. The biological stimuli responsive materials segment is estimated to witness a higher growth in the market due to its extensive use in biotechnology and medicine, drug delivery systems, and others. Automotive, drug delivery systems, biotechnology and medicine, electrical & electronics are the classifications of application segment. 


The Global Smart Polymers Market Share by Application:Smart Polymers Market


Regional Analysis:


The Global Smart Polymers Market is segmented into five crucial regions of the world namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, North America holds a major share in the market due to growing demand of physical stimuli responsive polymers in biotechnology and medicine, automotive, and other sectors. The increasing consumption of smart polymers in textile, automotive, electrical & electronics industries has propelled the market to witness the highest CAGR in the coming years. Owing to these factors, countries such as the U.S., Canada and Mexico are estimated to be the leading players in this region during the forecast period.


The Asia Pacific region is estimated to witness a higher growth in the Smart Polymers Market due to rapid industrialization coupled with technology and the growing use of products in heavy end industries such as automotive, textile, construction, and others. Therefore, China, Japan and India are estimated to be the major players in this region during the forecast period.


An enormous growth has observed in the European market due to growing consumption of Smart Polymers in manufacturing efficient phase separation processes and drug delivery systems. It is estimated that the rising disposable income in automotive, biotechnology and medicine segments has fuelled the market to witness a significant growth in the region. Owing to these factors, Germany, the U.K. and Italy are projected to be the major contributors to the market during the forecast period. The Middle East & Africa is predicted to witness a moderate growth in the market due to less awareness about the product. Moreover, a slow growth is estimated in the Latin American region due to lack of standardization and technological advancement.


Key Players:



  • BASF SE (Germany)

  • The Lubrizol Corporation (the U.S.)

  • Spintech LLC (the U.S.)

  • Akina, Inc.(the U.S.)

  • SMP Technologies Inc.(Japan)

  • Evonik Industries AG( Germany)

  • Reactive Surfaces Ltd ( the U.S.)

  • Merck Group( Germany)

  • NEI Corporation(the U.S.)


Segmental Analysis:


The Global Smart Polymers Market is bifurcated into stimulus type and application. On the basis of stimulus type, the market is further categorized into physical, chemical and biological responsive polymers. Among these, physical stimuli responsive polymers segment holds a major share in the market owing to its growing use in biotechnology and medicine, automotive, drug delivery systems, and others. The biological stimuli responsive polymers is predicted to witness a higher growth in the market due to its boundless use in drug delivery systems and biomedical applications. The growing technology and ecofriendly nature of the product have prompted the manufacturers and investors to shift their focus from natural based products to smart polymers in the end-use industries. Biotechnology and medicine, electrical & electronics, automotive, drug delivery systems, and others are the classifications of applications segment. Among these, biotechnology and medicine segment is predicted to witness a higher growth in the market owing to the growing use of Smart Polymers for the production of biocatalyst, biometric actuators and bio analytical systems. The growing use of Polymer products in automotive industry has propelled the market to observe a rapid growth during the forecast period, 2017-2023.


 


Geographical Analysis:


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Intended Audience



  • Smart Polymers Manufacturers

  • Traders and Distributors of Smart Polymers

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory  



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Stimulus Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany), The Lubrizol Corporation (the U.S.), Spintech LLC (the U.S.), Akina, Inc.(the U.S.), SMP Technologies Inc.(Japan), Evonik Industries AG( Germany), Reactive Surfaces Ltd ( the U.S.), Merck Group( Germany), NEI Corporation(the U.S.)
  Key Market Opportunities   Strong, resilient, durable and reliable nature.
  Key Market Drivers   Its extensive use in biotechnology and medicine, drug delivery systems, and others.


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Frequently Asked Questions (FAQ) :


Smart Polymers, also known as stimuli responsive polymers or intelligent materials are made of macromolecules. These polymers react to even a minute change in the environment.

Due to their strong resilience, durability, and reliable nature, smart polymers are used in applications such as biotechnology & medicine, drug delivery systems, automotive, electrical & electronics, and others.

Physical, chemical, and biological responsive polymers are the three major stimulus types. Among these, physical stimuli responsive polymers is the major segment in the global smart polymers market.

North America holds the largest share in the global smart polymers market followed by Asia Pacific and Europe, respectively.

The Lubrizol Corporation (US), BASF SE (Germany), Spintech LLC (US), SMP Technologies Inc.(Japan), Akina, Inc.(US), Evonik Industries AG(Germany), Merck Group(Germany), Reactive Surfaces Ltd (US), and NEI Corporation(US), are some of the leading players in the global smart polymers market.

Table of Contents:

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Smart Polymers Market

5 Industry Overview of Global Smart Polymers Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Smart polymers Market by Stimulus Type

7.1 Introduction

7.2 Physical stimuli responsive polymers

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Chemical stimuli responsive polymers

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Biological stimuli responsive polymers

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Smart polymers Market by Application

8.1 Introduction

8.2 Biotechnology and Medicine

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Electrical & Electronics

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Automotive

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.6 drug delivery systems

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Smart polymers Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Type, 2020-2027

9.2.3 Market Estimates & Forecast by Application, 2020-2027

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Type, 2020-2027

9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Type, 2020-2027

9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

9.2.6 Mexico

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Type, 2020-2027

9.2.6.3 Market Estimates & Forecast by Application, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Type, 2020-2027

9.3.3 Market Estimates & Forecast by Application, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Type, 2020-2027

9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Type, 2020-2027

9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Type, 2020-2027

9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

9.3.8 UK

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Type, 2020-2027

9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Type, 2020-2027

9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Type, 2020-2027

9.4.8.3 Market Estimates & Forecast by Application, 2020-2027

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Type, 2020-2027

9.4.9.3 Market Estimates & Forecast by Application, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.4Turkey

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Type, 2020-2027

9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Type, 2020-2027

9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Type, 2020-2027

9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

9.5.7 Rest of Middle East & Africa

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Type, 2020-2027

9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.3 Market Estimates & Forecast by Application, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast by Type, 2020-2027

9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Type, 2020-2027

9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

9.6.6 Rest of Latin America

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 BASF SE

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 The Lubrizol Corporation

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Spintech LLC

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Akina, Inc.

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 SMP Technologies Inc.

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Evonik Industries AG

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Reactive Surfaces Ltd

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Merck Group

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 NEI Corporation

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

12 Conclusion

List of Tables:

Table 1 World Population by Major Regions (2020-2027)

Table 2 Global Smart polymers Market: By Region, 2020-2027

Table 3 North America Smart polymers Market: By Country, 2020-2027

Table 4 Europe Smart polymers Market: By Country, 2020-2027

Table 5 Asia-Pacific Smart polymers Market: By Country, 2020-2027

Table 6 Middle East & Africa Smart polymers Market: By Country, 2020-2027

Table 7 Latin America Smart polymers Market: By Country, 2020-2027

Table 8 Global Smart polymers by Type Market: By Regions, 2020-2027

Table 9 North America Smart polymers by Type Market: By Country, 2020-2027

Table10 Europe Smart polymers by Type Market: By Country, 2020-2027

Table11 Asia-Pacific Smart polymers by Type Market: By Country, 2020-2027

Table12 Middle East & Africa Smart polymers by Type Market: By Country, 2020-2027

Table13 Latin America Smart polymers by Type Market: By Country, 2020-2027

Table14 Global Smart polymers by Application Market: By Regions, 2020-2027

Table15 North America Smart polymers by Application Market: By Country, 2020-2027

Table16 Europe Smart polymers by Application Market: By Country, 2020-2027

Table17 Asia-Pacific Smart polymers by Application Market: By Country, 2020-2027

Table18 Middle East & Africa Smart polymers by Application Market: By Country, 2020-2027

Table19 Latin America Smart polymers by Application Market: By Country, 2020-2027

Table20 Global Type Market: By Region, 2020-2027

Table21 Global Process Market: By Region, 2020-2027

Table22 Global Process Market: By Region, 2020-2027

Table23 North America Smart polymers Market, By Country

Table24 North America Smart polymers Market, By Type

Table25 North America Smart polymers Market, By Application

Table26 Europe: Smart polymers Market, By Country

Table27 Europe: Smart polymers Market, By Type

Table28 Europe: Smart polymers Market, By Application

Table29 Asia-Pacific: Smart polymers Market, By Country

Table30 Asia-Pacific: Smart polymers Market, By Type

Table31 Asia-Pacific: Smart polymers Market, By Application

Table32 Middle East & Africa: Smart polymers Market, By Country

Table33 Middle East & Africa Smart polymers Market, By Type

Table34 Middle East & Africa Smart polymers Market, By Application

Table35 Latin America: Smart polymers Market, By Country

Table36 Latin America Smart polymers Market, By Type

Table37 Latin America Smart polymers Market, By Application

List Of Figures:

FIGURE 1 Global Smart polymers market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Smart polymers Market

FIGURE 4 Value Chain of Global Smart polymers Market

FIGURE 5 Share of Global Smart polymers Market in 2020, by country (in %)

FIGURE 6 Global Smart polymers Market, 2020-2027,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Smart polymers Market size by Type, 2020

FIGURE 9 Share of Global Smart polymers Market by Type, 2020-2027

FIGURE 9 Global Smart polymers Market size by Application, 2020

FIGURE 11 Share of Global Smart polymers Market by Application, 2020-2027