At 25% CAGR Shape Memory Polymers Market is expanding over 2019-2025

Global Market Insights, Inc. has recently added a new report on shape memory polymers market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of shape memory polymer industry.

Research and development application segment of shape memory polymers market will exceed USD 500 million by 2025 due to increasing investments by market participants in SMP research. However, the segment’s growth rate will be comparatively lower as commercialization of SMP products that are still in the research phase will increase by the end of the forecast timeframe. Commercial segment is likely to grow with a high growth rate in the forecast timeframe due to increasing number of shape memory polymer products entering the market in upcoming years.

According to a new report by GMI, the shape memory polymers market size is growing at 25% to surpass USD 1.4 billion by 2025. Some of the key participants in shape memory polymers market share include Asahi Kasei Corporation, Nanoshel, Composite Technology Development, MedShape, DowDuPont, Cornerstone Research Group, Shape Memory Medical, Lubrizol, Changchun Foliaplast Bio-Tech, SMP Technologies, EndoShape, Guangzhou Manborui Materials Technology Company, etc.

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Based on material, the market is divided into polyurethane, polyvinyl chloride, acrylic, epoxy. Epoxy based SMP materials are likely to gain by more than 20% CAGR in the forecast timeframe owing to their rising usage as engineering materials. The material has excellent processability and thermomechanical property. These materials exhibit excellent response to stimuli, high fixation & recovery ratios, and a rapid and tunable recovery process.

Shape memory polymers industry research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2014 to 2025, for the following segments:

Shape Memory Polymers Market by Material
• Polyurethane (PU)
• Polyvinyl chloride (PVC)
• Acrylic
• Epoxy
• Others

Shape Memory Polymers Market Application by End-user
• Research & development
• Biomedical
• Automotive
• Aerospace
• Textile

• Others (Construction, Toys, Household Products, etc.)
• Commercial
• Biomedical
• Automotive
• Aerospace
• Textile
• Others (Construction, Toys, Household Products, etc.)

Shape Memory Polymers Industry, By End-user
• Biomedical
• Automotive
• Aerospace
• Textile
• Others (Construction, Toys, Household Products, etc.)

The above information is provided on a regional and country basis for the following:
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Taiwan
• South Korea
• Japan
• India
• Latin America
• Brazil
• Mexico
• Saudi Arabia
• Israel

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Aerospace industry use shape memory polymer in deployable structures & components due to its high deformability, stability and light weight. Increasing growth in the aerospace industry in developed countries such as the U.S. is likely to drive the SMP market demand in the upcoming years. Rising space exploration activities will also augment product usage in manufacturing different spaceship components and parts.

Europe will be a key region in the shape memory polymers market in the upcoming years. This is due to rising investment in research and development in the aerospace industry. The region spends around 10% of its total aerospace turnover in R&D activities. Some of the major initiatives supported by European commission for developing aerospace industry includes The Strategic Research and Innovation Agenda (SRIA), Horizon 2020, SESAR Joint Undertaking, Clean Sky, etc. are likely to drive the research and development activities in aerospace sector in the upcoming years and in turn propel product demand.

Browse key industry insights spread across 260 pages with 391 market data tables & 22 figures & charts from the report, “Shape Memory Polymers Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:

Partial Table of Contents (ToC) of the report:
Chapter 3. Shape Memory Polymer Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 – 2025
3.3. Industry ecosystem analysis
3.3.1. Value addition at each stage
3.3.2. Distribution channel analysis
3.3.3. Vendor matrix
3.4. Raw material analysis
3.4.1. Polyurethane
3.4.2. Acrylic
3.4.3. Epoxy
3.5. Patent landscape
3.6. Innovation & sustainability
3.6.1. Technology landscape
3.6.2. Future trends
3.7. Life cycle analysis
3.7.1. Research & development
3.7.2. Growth
3.7.3. Maturity
3.7.4. Decline
3.8. Industry impact forces
3.8.1. Growth drivers Potential applications of SMPs in biomedical industry Increasing SMP demand in automotive and aerospace sector Potential SMP application in construction industry
3.8.2. Industry pitfalls & challenges High level of technological know-how required for SMP production
3.9. Regulatory landscape
3.10. Growth potential analysis
3.11. Competitive landscape
3.11.1. Competitive analysis, 2018
3.11.2. Brand analysis
3.11.3. Strategy dashboard
3.12. Porter’s analysis
3.12.1. Supplier power
3.12.2. Buyer power
3.12.3. Threat of new entrants
3.12.4. Threat of substitutes
3.12.5. Industry rivalry
3.13. Price trends
3.13.1. Pricing analysis
3.13.2. Cost structure analysis R&D cost Manufacturing & equipment cost Raw material cost Distribution cost Operating cost Miscellaneous cost
3.14. PESTEL analysis

Chapter 4. Shape Memory Polymer Market, By Material
4.1. Global shape memory polymer market material insights
4.2. Polyurethane (PU)
4.2.1. Market estimates and forecast, 2014 – 2025
4.2.2. Market estimates and forecast, by region, 2014 – 2025
4.3. Polyvinyl chloride (PVC)
4.3.1. Market estimates and forecast, 2014 – 2025
4.3.2. Market estimates and forecast, by region, 2014 – 2025
4.4. Acrylic
4.4.1. Market estimates and forecast, 2014 – 2025
4.4.2. Market estimates and forecast, by region, 2014 – 2025
4.5. Epoxy
4.5.1. Market estimates and forecast, 2014 – 2025
4.5.2. Market estimates and forecast, by region, 2014 – 2025
4.6. Others (Polyethylene, PEEK, Bio-PDO, etc.)
4.6.1. Market estimates and forecast, 2014 – 2025
4.6.2. Market estimates and forecast, by region, 2014 – 2025
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