Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Smart Polymers Market Report by Type (Shape Memory Polymers, Electroactive Polymers, Self-Healing Polymers, and Others), Stimulus (Physical Stimuli Responsive, Chemical Stimuli Responsive, Biological Stimuli Responsive), Application (Textile, Automotive, Electrical and Electronics, Biomedical and Biotechnology, Nuclear Energy, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A4720
Buy Now
Market Overview:
The global smart polymers market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2032, exhibiting a growth rate (CAGR) of 13.2% during 2024-2032.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023
|
|
Forecast Years
|
2024-2032
|
|
Historical Years
|
2018-2023
|
|
Market Size in 2023
|
US$ 1.8 Billion |
|
Market Forecast in 2032
|
US$ 5.8 Billion |
| Market Growth Rate 2024-2032 | 13.2% |
Smart polymers, also known as stimuli-responsive polymers, undergo reversible large, physical or chemical changes in response to small external changes in environmental conditions. These conditions generally include temperature, pH, light, magnetic or electric field, ionic factors, and biological molecules. Smart polymers assist in reducing dosing frequency, easing preparation, maintaining desired therapeutic concentration with a single dose, prolonging the release of the incorporated drug, lowering side effects, and improving stability. As they also offer versatility and tunable sensitivity, they find extensive applications in controlled drug delivery, tissue engineering, and biomedical applications across the globe.
Smart Polymers Market Trends:
Smart polymers are widely employed in the automotive industry for manufacturing a broad range of automotive exterior and interior components. These components include fiber composite tires, actuating valves, self-healing bumpers, fluid shock systems, radiation fluid detection, automated wipers, engine air-flow control, and airbag sensors. This represents one of the key factors propelling the growth of the market. Apart from this, they are also used to produce self-healing and color-changing components and systems on account of the various beneficial properties of smart polymers. Moreover, there is a significant rise in the adoption of these polymers in the biomedical and healthcare industries worldwide for smart drug delivery systems. This can be accredited to the ability of smart polymers to maintain the stability of the drug level in the therapeutic window, allow monitoring of the medication level and enhance patient compliance. The market is further driven by the coronavirus disease (COVID-19) outbreak that has positively influenced the demand for biomedical devices and products, such as ventilators and face masks, to prevent the spread of the pandemic.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart polymers market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, stimulus and application.
Breakup by Type:
- Shape Memory Polymers
- Electroactive Polymers
- Self-Healing Polymers
- Others
Breakup by Stimulus:
- Physical Stimuli Responsive
- Chemical Stimuli Responsive
- Biological Stimuli Responsive
Breakup by Application:
- Textile
- Automotive
- Electrical and Electronics
- Biomedical and Biotechnology
- Nuclear Energy
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akzo Nobel N.V., Autonomic Materials Inc., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Huntsman International LLC, Merck KGaA, Nippon Shokubai Co. Ltd., Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), SMP Technologies Inc, Solvay S.A. and The Lubrizol Corporation.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Type, Stimulus, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Akzo Nobel N.V., Autonomic Materials Inc., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Huntsman International LLC, Merck KGaA, Nippon Shokubai Co. Ltd., Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), SMP Technologies Inc, Solvay S.A., The Lubrizol Corporation |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global smart polymers market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global smart polymers market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the stimulus?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global smart polymers market and who are the key players?
- What is the degree of competition in the industry?
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Purchase options
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-713-2163
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More