Blueweave
Global Self Healing Materials Market

Global Self-Healing Materials Market, By Form (Intrinsic, Extrinsic), By Material Type (Asphalt, Coatings, Polymers, Concrete, Fiber-Reinforced Composites, Ceramic, Metals), By End-User (Building & Construction, Mobile Devices, General Industrial, Transportation, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: August 2021
  • Report ID: BWC2131
  • Available Format: PDF
  • Page: 200

Report Overview

The global self-healing materials market is propelled by factors such as the booming construction and transportation industries, as well as increased R&D activities in the creation of self-healing polymers and increased awareness of self-healing technologies.

The global self-healing materials market was worth USD 1.2 billion in 2020 and is further projected to reach USD 34.6 billion by the year 2027, growing at a CAGR of 61.9% during the forecast period. The growth of the market is driven by factors such as the flourishing construction and transportation industry, which is fueling the demand for self-healing products. Furthermore, the expanding use of self-healing materials in mobile devices is projected to propel the growth of the global self-healing materials market during the forecast period.

Self-Healing Materials Market

Source: BlueWeave Consulting

Global Self-Healing Materials Market- Overview

Artificial or synthetically created "self-healing" materials are materials that automatically repair damage to themselves without the need for external analysis, monitoring, or intervention from human beings.Though polymers and elastomers are the materials most commonly used as self-healing materials, the concept can be applied to any material, including metals, cementitious materials, and ceramics. Some materials can instantly heal the damage while some require an external stimulus to do so. The former is known as autonomic self-healing materials while the latter is known as non-autonomic self-healing materials.

Global Self-Healing Materials Market Forecast and Trends

Growth Drivers

Increasing Demand for Self-Healing Materials in The Construction Industry

A traditional concrete building will develop micro-cracks during construction or as time passes.There may be leakage problems resulting from these cracks, which could eventually cause corrosion and increase the risk of collapse. Therefore, building construction engineers across the globe are recommending the use of self-healing materials, which is expected to drive the self-healing materials market during the forecast period. Several companies are also working on creating cheaper options of self-healing materials to promote its growth.

Growing R&D Activities in The Development of Self-Healing Polymers

As of now, self-healing technology is in the development phase and has yet to reach its full potential. Therefore, industry leaders and research institutes are investing and focusing significantly towards advancing and innovating self-healing materials. For instance, Indian scientists recently developed a self-healing material that can repair itself spontaneously when damaged. Furthermore, this material also does not need the support of external triggers to activate. Such developments are likely toboost the capacity of self-healing materials, which can promote its adoption in end-user industries, thereby propelling the market growth.

Restraints

High-Cost ofSelf-Healing Materials

The cost of self-healing materials is higher than traditional materials, which affects their adoption as well as revenue.According to most estimates, the cost of self-healing concrete used in the construction industry is between USD 33 and USD 44 per square meter, which affects the final product price. Such high prices negatively impact the market of self-healing materials, especially in developing countries like India and China, where manufacturers focus more on price margin than the quality of the product.

Impact of COVID-19 on Global Self-Healing Materials Market

Several industries have been affected by the COVID-19 outbreak, among which the manufacturing and construction industries are among the most affected. As a result, the global self-healing materials market suffered inexorably. Due to nationwide lockdowns imposed by the government of different countries around the world, the demand for self-healing materials was halted as automobile manufacturing plants were temporarily shut down. The global market also suffered a setback during COVID-19, as construction activities were halted due to social distancing protocols.

Global Self-Healing Materials Market - By Form

Based on forms, the global self-healing materials market is segmented into intrinsic and extrinsic. The intrinsic self-healing materials segment holds the largest market share. Intrinsic polymers require external triggers or stimulation to repair the damage. These external triggers may be thermo-mechanical, electrical, photo-stimuli, etc. Several self-healing strategies are adopted to trigger intrinsic self-healing, such as reversible reactions or temperature triggers. However, extrinsic self-healing materials are also gaining significant traction in the global self-healing materials market as they are capable of self-healing without any external force.

Global Self-Healing Materials Market - By Material-Type

Based on material types, the global self-healing materials market is categorized into asphalt, coatings, polymers, concrete, fiber-reinforced composites, and ceramic, metals. Among these, the coatings segment holds the largest market share because of its growing demand in the automobile and aerospace industry. According to experts, self-healing materials have the potential to transform the future of cars. Using self-healing coatings on cars can allow them to prevent scratches or repair damages in a proactive manner. The cost of maintenance can be dramatically reduced because of this.

Global Self-Healing Materials Market - Regional Insights

Geographically, the global self-healing materials market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among these regions, Europe accounts for the largest market share owing to the wide application of self-repairing polymers in countries like France, Germany, Spain, etc. The flourishing automobile industry, along with extensive R&D activities play a significant role in driving the self-healing materials market in the European market. North America, on the other hand, holds the second position because of the growing end-user industries like construction, building, transportation, etc.

Regional Insights

Source: BlueWeave Consulting

Competitive Landscape

The leading market players in the global self-healing materials market are NEI Corporation, Acciona, S.A., Michelin North America Inc., Apple Inc., MacDermid Autotype Ltd., Autonomic Materials, Inc., Goodyear, BASF SE, Bayer AG, Akzo Nobel N.V., Huntsman International LLC, Sensor Coating System Limited, DEVAN, High Impact Technology, LLC, Stratosphere S.A., Adaptive Surface Technologies, DuPont, Critical Materials S.A., Slips Technologies, Inc., and other prominent players.

Collaboration with research institutes enables the players in the industry to invest substantially in research and development to improve the technology of their products. In addition, the market players partner with third-party distributors in order to increase their product penetration, thereby strengthening their market presence. Furthermore, the adoption of competitive strategies like product approvals and launches, mergers and acquisitions, joint ventures is also very prominent in this market.

Recent Developments

  • In July 2021, the Engineering and Physical Sciences Research Council (EPSRC), a part of UK Research and Innovation (UKRI), announced its plan to invest around USD 22.5 million in the creation of sustainable road maintenance schemes using robotic intervention and self-sensing and self-healing materials.
  • In March 2021, CompPair Technologies Ltd., a Switzerland-based company, announced to have closed around USD 1.5 million in the seed funding round to advance composite self-healing technology.

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Million

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product Service/Segmentation

By Form, By Material Type, By End-User, By Region

Key Players

NEI Corporation, Acciona, S.A., Michelin North America Inc., Apple Inc., MacDermid Autotype Ltd., Autonomic Materials, Inc., Goodyear, BASF SE, Bayer AG, Akzo Nobel N.V., Huntsman International LLC, Sensor Coating System Limited, DEVAN, High Impact Technology, LLC, Stratosphere S.A., Adaptive Surface Technologies, DuPont, Critical Materials S.A., Slips Technologies, Inc., and other prominent players.

By Form

  • Intrinsic
  • Extrinsic
  1. Capsule-Based
  2. Vascular

By Material Type

  • Asphalt
  • Coatings
  • Polymers
  • Concrete
  • Fiber-Reinforced Composites
  • Ceramic
  • Metals

By End-User

  • Building & Construction
  • Mobile Devices
  • General Industrial
  • Transportation
  1. Automotive
  2. Aerospace
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

 

FAQs:

1. What is the current size of the global self-healing materials market?

Answer: The global self-healing materials market reached USD 1.2 billion in 2020.

2. What are the major factors driving the growth of the global self-healing materials market?

Answer: The major factors driving the growth of the global self-healing materials market are the increasing demand for self-healing materials in the construction industry and growing R&D activities in the development of self-healing polymers.

3. Who are the key players in the global self-healing materials market?

Answer: The key players in the global self-healing materials market areNEI Corporation, Acciona, S.A., Michelin North America Inc., Apple Inc., MacDermidAutotype Ltd., Autonomic Materials, Inc., Goodyear, BASF SE, Bayer AG, Akzo Nobel N.V., Huntsman International LLC, Sensor Coating System Limited, DEVAN, High Impact Technology, LLC, Stratosphere S.A., Adaptive Surface Technologies, DuPont, Critical Materials S.A., Slips Technologies, Inc., and other prominent players.

4. Which material-type segment accounted for the largest share in the global self-healing materials market?

Answer: The coatings segment accounted for the largest share in the global self-healing materials market.

5. Which region is at the highest growth rate in the global self-healing materials market?

Answer: Europe has the largest share in the global self-healing materials market.

 

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Key Market Segments
  2. Research Methodology
    1. Qualitative Research
    2. Methodology
    3. Regional Split of Primary & Secondary Research
    4. Secondary Research
    5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
    6. Market Size Estimation
    7. Assumptions for the Study
    8. Market Breakdown & Data Triangulation
  3. Executive Summary
  4. Industry Insight and Growth Strategy
    1. Value Chain Analysis
    2. DROC Analysis
      1. Market Drivers
        1. Increasing Demand for Self-Healing Materials In The Construction Industry
        2. Growing R&D Activities in The Development Of Self-Healing Polymers
      2. Market Restraints
        1. High-Cost of Self-Healing Materials
      3. Market Challenges
        1. Negative impact of the COVID-19
      4. Market Opportunity
        1. Development of Wind Energy Sector
        2. Growing Awareness Towards Self-Healing Technology
    3. Recent Developments
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
  5. Global Self-Healing Materials Market Overview
    1. Market Size & Forecast by Value, 2017-2027
    2. Market Size and Forecast, By Segment
      1. By Form
        1. Intrinsic
        2. Extrinsic
          1. Capsule-Based
          2. Vascular
      2. By Material Type
        1. Asphalt
        2. Coatings
        3. Polymers
        4. Concrete
        5. Fiber-Reinforced Composites
        6. Ceramic
        7. Metals
      3. By End-User
        1. Building & Construction
        2. Mobile Devices
        3. General Industrial
        4. Transportation
          1. Automotive
          2. Aerospace
        5. Others
      4. By Region
        1. North America
        2. Europe
        3. Asia-Pacific
        4. Latin America
        5. Middle East &Africa
  6. North America Self-Healing Materials Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Form
      2. By Material Type
      3. By End-User
      4. By Country
        1. U.S.
        2. Canada
  7. Europe Self-Healing Materials Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Form
      2. By Material Type
      3. By End-User
      4. By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
  8. APAC Self-Healing Materials Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Form
      2. By Material Type
      3. By End-User
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of APAC
  9. LATAM Self-Healing Materials Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Form
      2. By Material Type
      3. By End-User
      4. By Country
        1. Mexico
        2. Brazil
        3. Rest of LATAM
  10. MEA Self-Healing Materials Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
    3. By Form
    4. By Material Type
    5. By End-User
    6. By Country
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of Europe
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2020)
    3. Competitive Benchmarking By Operating Parameters
  12. Impact of COVID-19 on Global Self-Healing Materials Market
  13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. NEI Corporation
    2. Acciona, S.A.
    3. Michelin North America Inc.
    4. Apple Inc.
    5. MacDermid Autotype Ltd.
    6. Autonomic Materials, Inc.
    7. Goodyear
    8. BASF SE
    9. Bayer AG
    10. Akzo Nobel N.V.
    11. Huntsman International LLC
    12. Sensor Coating System Limited
    13. DEVAN
    14. High Impact Technology, LLC
    15. Stratosphere S.A.
    16. Adaptive Surface Technologies
    17. DuPont
    18. Critical Materials S.A.
    19. Slips Technologies, Inc.
    20. Other Prominent Players
  14. Key Strategic Recommendations

 

List of Figures

 

Figure 1: Global Self-Healing Materials Segmentation

 

Figure 2: Global Self-Healing Materials Market Value Chain Analysis,

 

Figure 3: Company Market Share Analysis, 2020

 

Figure 4: Global Self-Healing Materials Market Size, By Value (USD Million), 2020-2027

 

Figure 5: Global Self-Healing Materials Market Share (%), By Form, By Value, 2020-2027

 

Figure 6: Global Self-Healing Materials Market Share (%), By Material Type, By Value, 2020-2027

 

Figure 7: Global Self-Healing Materials Market Share (%), By End-User, By Value, 2020-2027

 

Figure 8: Global Self-Healing Materials Market Share (%), By Region, By Value, 2020-2027

 

Figure 9: North America Self-Healing Materials Market Size, By Value (USD Million), 2020-2027

 

Figure 10: North America Self-Healing Materials Market Share (%), By Form, By Value, 2020-2027

 

Figure 11: North America Self-Healing Materials Market Share (%), By Material Type, By Value, 2020-2027

 

Figure 12: North America Self-Healing Materials Market Share (%), By End-User, By Value, 2020-2027

 

Figure 13: North America Self-Healing Materials Market Share (%), By Country, By Value, 2020-2027

 

Figure 14: Europe Self-Healing Materials Market Size, By Value (USD Million), 2020-2027

 

Figure 15: Europe Self-Healing Materials Market Share (%), By Form, By Value, 2020-2027

 

Figure 16: Europe Self-Healing Materials Market Share (%), By Material Type, By Value, 2020-2027

 

Figure 17: Europe Self-Healing Materials Market Share (%), By End-User, By Value, 2020-2027

 

Figure 18: Europe Self-Healing Materials Market Share (%), By Country, By Value, 2020-2027

 

Figure 19: the Asia-Pacific Self-Healing Materials Market Size, By Value (USD Million), 2020-2027

 

Figure 20: the Asia-Pacific Self-Healing Materials Market Share (%), By Form, By Value, 2020-2027

 

Figure 21: the Asia-Pacific Self-Healing Materials Market Share (%), By Material Type, By Value, 2020-2027

 

Figure 22: the Asia-Pacific Self-Healing Materials Market Share (%), By End-User, By Value, 2020-2027

 

Figure 23: the Asia-Pacific Self-Healing Materials Market Share (%), By Country, By Value, 2020-2027

 

Figure 24: Latin America Self-Healing Materials Market Size, By Value (USD Million), 2020-2027

 

Figure 25: Latin America Self-Healing Materials Market Share (%), By Form, By Value, 2020-2027

 

Figure 26: Latin America Self-Healing Materials Market Share (%), By Material Type, By Value, 2020-2027

 

Figure 27: Latin America Self-Healing Materials Market Share (%), By End-User, By Value, 2020-2027

 

Figure 28: Latin America Self-Healing Materials Market Share (%), By Country, By Value, 2020-2027

 

Figure 29: Middle East & Africa Self-Healing Materials Market Size, By Value (USD Million), 2020-2027

 

Figure 30: Middle East & Africa Self-Healing Materials Market Share (%), By Form, By Value, 2020-2027

 

Figure 31: Middle East & Africa Self-Healing Materials Market Share (%), By Material Type, By Value, 2020-2027

 

Figure 32: Middle East & Africa Self-Healing Materials Market Share (%), By End-User, By Value, 2020-2027

 

Figure 33: Middle East & Africa Self-Healing Materials Market Share (%), By Region, By Value, 2020-2027

 

 

List of Tables

 

 

Table 1: Global Self-Healing Materials Market Size, By Form, By Value, 2020-2027

 

Table 2: Global Self-Healing Materials Market Size, By Material Type, By Value(USD Million), 2020-2027

 

Table 3: Global Self-Healing Materials Market Size, By End-User, By Value(USD Million), 2020-2027

 

Table 4: Global Self-Healing Materials Market Size, By Region, By Value(USD Million), 2020-2027

 

Table 5: North America Self-Healing Materials Market Size, By Form, By Value (USD Million), 2020-2027

 

Table 6: North America Self-Healing Materials Market Size, By Material Type, By Value (USD Million), 2020-2027

 

Table 7: North America Self-Healing Materials Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 8: North America Self-Healing Materials Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 9: Europe Self-Healing Materials Market Size, By Form, By Value (USD Million), 2020-2027

 

Table 10: Europe Self-Healing Materials Market Size, By Material Type, By Value (USD Million), 2020-2027

 

Table 11: Europe Self-Healing Materials Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 12: Europe Self-Healing Materials Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 13: the Asia-Pacific Self-Healing Materials Market Size, By Form, By Value (USD Million), 2020-2027

 

Table 14: the Asia-Pacific Self-Healing Materials Market Size, By Material Type, By Value (USD Million), 2020-2027

 

Table 15: the Asia-Pacific Self-Healing Materials Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 16: the Asia-Pacific Self-Healing Materials Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 17: Latin America Self-Healing Materials Market Size, By Form, By Value (USD Million), 2020-2027

 

Table 18: Latin America Self-Healing Materials Market Size, By Material Type, By Value (USD Million), 2020-2027

 

Table 19: Latin America Self-Healing Materials Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 20: Latin America Self-Healing Materials Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 21: The Middle-East & Africa Self-Healing Materials Market Size, By Form, By Value (USD Million), 2020-2027

 

Table 22: The Middle-East & Africa Self-Healing Materials Market Size, By Material Type, By Value (USD Million), 2020-2027

 

Table 23: The Middle-East & Africa Self-Healing Materials Market Size, By End-User, By Value (USD Million), 2020-2027

 

Table 24: The Middle-East & Africa Self-Healing Materials Market Size, By Country, By Value (USD Million), 2020-2027

 

Table 25: NEI Corporation Financial Analysis

Table 26: NEI Corporation Business Overview

Table 27: Acciona, S.A. Financial Analysis

Table 28: Acciona, S.A.Business Overview

Table 29: Michelin North America Inc. Corporation Financial Analysis

Table 30: Michelin North America Inc. Corporation Business Overview

Table 31: Apple Inc.Financial Analysis

Table 32: Apple Inc.Business Overview

Table 33: MacDermid Autotype Ltd.Financial Analysis

Table 34: MacDermid Autotype Ltd.Business Overview

Table 35: Autonomic Materials, Inc. Financial Analysis

Table 36: Autonomic Materials, Inc. Business Overview

Table 37: Goodyear Financial Analysis

Table 38: Goodyear Business Overview

Table 39: BASF SE Financial Analysis

Table 40:BASF SE Business Overview

Table 41: Bayer AGFinancial Analysis

Table 42: Bayer AGBusiness Overview

Table 43: Akzo Nobel N.V.Financial Analysis

Table 44: Akzo Nobel N.V. Business Overview

Table 45: Huntsman International LLCFinancial Analysis

Table 46: Huntsman International LLC Financial Analysis

Table 47: Sensor Coating System Limited Financial Analysis

Table 48: Sensor Coating System Limited Business Overview

Table 49:DEVANFinancial Analysis

Table 50:DEVAN Business Overview

Table 51:High Impact Technology, LLCFinancial Analysis

Table 52:High Impact Technology, LLCBusiness Overview

Table 53:Stratosphere S.A.Financial Analysis

Table 54:Stratosphere S.A.Business Overview

Table 55:Adaptive Surface TechnologiesFinancial Analysis

Table 56:Adaptive Surface TechnologiesBusiness Overview

Table 57:DuPontFinancial Analysis

Table 58:DuPontBusiness Overview

Table 59:Critical Materials S.A.Financial Analysis

Table 60:Critical Materials S.A.Business Overview

Table 61:Slips Technologies, Inc.Financial Analysis

Table 62:Slips Technologies, Inc.Business Overview

Market Segmentation

By Form

  • Intrinsic
  • Extrinsic
  1. Capsule-Based
  2. Vascular

By Material Type

  • Asphalt
  • Coatings
  • Polymers
  • Concrete
  • Fiber-Reinforced Composites
  • Ceramic
  • Metals

By End-User

  • Building & Construction
  • Mobile Devices
  • General Industrial
  • Transportation
  1. Automotive
  2. Aerospace
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
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