Smart Polymers Market - Global Forecast to 2022

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Smart Polymers Market worth 31.0 billion by
2023
Browse 142 market data Tables 31 Figures 137
Pages and in-depth TOC on Smart Polymers Market
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The major players in the Smart Polymers Market
are,

• BASF (Germany)
• Lubrizol (US)
• Dow Chemical (US)
• Evonik (Germany)
• Advanced Polymer Materials (Canada)
• Spintech (US)
• Merck (Germany)
• Akina (US)
• SMP Technologies (Japan)
• Reactive Surfaces (US)
• NEI Corporation (US)

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"Smart Polymers Market by Type (Physical Stimuli,
Chemical Stimuli, and Biological Stimuli
Responsive Polymers), End-Use Industry
(Biomedical Biotechnology, Textile, Electrical
Electronics, Automotive), and Region - Global
Forecast to 2022"
The smart polymers market is projected to reach
USD 2,071.1 Million by 2022, at a CAGR of 21.9
between 2017 and 2022. The smart polymers market
is driven by the rising demand for smart polymers
from the biomedical biotechnology, textiles,
electrical electronics, automotive, food
packaging, footwear, consumer goods, and
aerospace defense industries.
The physical stimuli responsive polymers segment
was the largest type of the global smart polymers
market in 2016. These polymers respond to several
stimuli such as temperature, light, pressure,
electric field, and magnetic field. The growth of
this type of polymers is attributed to the rising
demand for innovative and efficient technologies
from end-use industries such as biomedical
biotechnology, automotive, and textiles.
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The objectives of the Smart Polymers Market
report are as follows

• To define, describe, and forecast the global
  smart polymers market size on the basis of type,
  end-use industry, and region
• To provide detailed information regarding major
  factors influencing the growth of the market
  (drivers, restraints, opportunities, and industry
  specific challenges)
• To analyze the opportunities in the market for
  stakeholders and details of a competitive
  landscape for market leaders
• To forecast the market size, in terms of value,
  with respect to five main regions, namely, North
  America, South America, Europe, Asia Pacific, and
  the Middle East Africa
• To strategically profile key players and
  comprehensively analyze core competencies
• To track and analyze competitive developments
  such as joint ventures, mergers acquisitions,
  new product developments, and research
  developments (RD) in the smart polymers market

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Rising demand for smart polymers from North
America expected to be the key factor driving the
growth of the global Smart Polymers Market
North America is projected to be the leading
market for smart polymers. The US is projected to
be the largest and the fastest-growing market for
smart polymers during the forecast period. Canada
and Mexico are other major countries contributing
to the growth of the smart polymers market in the
region. The increasing demand for smart polymers
from end-use industries such as automotive,
medical, textiles, and footwear is expected to
drive the smart polymers market in these
countries.
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