Self-Healing Materials Market by Form (Extrinsic, Intrinsic), Material Type (Concrete, Coatings, Polymers, Asphalt, Ceramic, Metals), End-Use Industry (Building & Construction, Transportation, Mobile Devices), and Region - Global Forecast to 2021
The global self-healing materials market is projected to reach USD 2,447.7 million by 2021, at a CAGR of 95.0% from 2016 to 2021. The growth of the market can be attributed to the properties of self-healing materials that yield long-term financial benefits compared to traditional materials. Building & construction is one of the major end-use industries for self-healing materials in emerging as well as developed economies. Self-healing materials are largely used in concrete. Rising awareness regarding the benefits of self-healing materials is also expected to fuel the demand for these materials. Self-healing materials are currently very expensive as compared to conventional materials. This may restrain the growth of the market in near future.
“Building & construction is estimated to be the largest segment of the self-healing materials market”
The widest adoption of self-healing materials has been in the building & construction end-use industry, where high material performances are increasingly required and where the use of self-healing material has resulted in several benefits. Self-healing materials are used for wear protection of structural components. The use of self-healing materials helps increase the lifetime of structures, resulting in reduced material repair costs.
“The extrinsic segment is expected to witness higher growth during the forecast period”
The extrinsic self-healing materials segment is expected to witness a higher growth than intrinsic systems, as unlike intrinsic systems, extrinsic systems can achieve healing efficiencies over 100% even when the damage is large.
“The self-healing materials market in RoW market estimated to witness highest growth during the forecast period”
In South Africa, Saudi Arabia, and to a lesser extent, Brazil, rising awareness about the benefits of self-healing materials has led to the increased adoption across various end-use industries.
In the process of determining and verifying the market size for the several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:
- By Company Type: Tier 1 (45%), Tier 2 (35%), and Tier 3 (20%)
- By Designation: C-level (35%), Director Level (25%), and Others (40%)
- By Region: Europe (55%), North America (32%), Asia-Pacific (9%), and RoW (4%)
Study Coverage
This report covers the self-healing materials market, in terms of value, and forecasts the market size till 2021. The report includes the market segmentation based on form, material type, end-use industry, and region. It also provides company profiles and competitive strategies adopted by the key players in the self-healing materials market.
Key benefits of buying the report:
This research report is focused on various levels of analysis—industry trends, market share analysis of key players, supply chain analysis, and company profiles, which together comprise and discuss the overall views on the competitive landscape; emerging and high-growth segments of the self-healing materials market; high-growth regions; and market drivers, restraints, and opportunities.
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 SCOPE OF THE STUDY
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 KEY DATA FROM SECONDARY SOURCES
2.1.2 KEY DATA FROM PRIMARY SOURCES
2.1.3 BREAKDOWN OF PRIMARY INTERVIEWS
2.2 MARKET SIZE ESTIMATION
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.1.1 Base case (B)
2.4.1.2 Optimistic case (O)
2.4.2 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE SELF-HEALING MATERIALS MARKET
4.2 SELF-HEALING MATERIALS MARKET GROWTH, BY MATERIAL TYPE
4.3 SELF-HEALING MATERIALS MARKET IN EUROPE, 2015
4.4 SELF-HEALING MATERIALS MARKET SHARE, BY COUNTRY
4.5 SELF-HEALING MATERIALS MARKET SIZE, TOP 5 COUNTRIES
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 SEGMENTATION
5.2.1 BY FORM
5.2.2 BY MATERIAL TYPE
5.2.3 BY END-USE INDUSTRY
5.2.4 BY REGION
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Government policy shifts focus toward legislations/regulations mandating longer service guarantees/warranties
5.3.1.2 Knowledge transfer and closer collaboration at early stage development
5.3.1.3 Self-healing materials yield long-term financial benefits compared to traditional materials
5.3.1.4 Increasing demand in Europe
5.3.2 RESTRAINTS
5.3.2.1 Self-healing materials are currently more expensive than conventional materials
5.3.3 OPPORTUNITIES
5.3.3.1 Wide application base where reliability and durability are essential
5.3.4 CHALLENGES
5.3.4.1 Scaling up from pilot scale to industrial scale production
5.3.4.2 Securing profitability and competitiveness
5.4 IMPACT ANALYSIS
5.4.1 SHORT-TERM OUTLOOK
5.4.2 MID-TERM OUTLOOK
5.4.3 LONG-TERM OUTLOOK
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE-CHAIN ANALYSIS
6.3 PORTER’S FIVE FORCES ANALYSIS
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF SUPPLIERS
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF COMPETITIVE RIVALRY
6.4 MACROECONOMIC OVERVIEW AND KEY DRIVERS
6.4.1 INTRODUCTION
6.5 GENERAL MANUFACTURING INDUSTRY TRENDS
6.5.1 CONTRIBUTION OF MANUFACTURING INDUSTRY TO THE GDP OF ASIA-PACIFIC
6.5.2 CONTRIBUTION OF MANUFACTURING INDUSTRY TO NORTH AMERICAN GDP
6.5.3 CONTRIBUTION OF MANUFACTURING INDUSTRY TO WESTERN EUROPEAN GDP
6.5.4 CONTRIBUTION OF MANUFACTURING INDUSTRY TO MIDDLE EAST & AFRICAN GDP
6.5.5 CONTRIBUTION OF MANUFACTURING INDUSTRY TO CENTRAL & EASTERN EUROPEAN GDP
6.5.6 CONTRIBUTION OF MANUFACTURING INDUSTRY TO SOUTH AMERICAN GDP
6.6 VEHICLE PRODUCTION STATISTICS IN KEY MARKETS FOR SELF-HEALING MATERIALS
6.7 TECHNOLOGY LANDSCAPE: PATENT ASSESSMENT
7 SELF-HEALING MATERIALS MARKET, BY FORM
7.1 INTRODUCTION
7.2 SELF-HEALING MATERIALS MARKET, BY FORM
7.3 EXTRINSIC
7.3.1 CAPSULE-BASED
7.3.2 VASCULAR
7.4 INTRINSIC
8 SELF-HEALING MATERIALS MARKET, BY MATERIAL TYPE
8.1 INTRODUCTION
8.2 SELF-HEALING MATERIALS MARKET, BY MATERIAL TYPE
8.3 CONCRETE
8.4 COATINGS
8.5 POLYMERS
8.6 ASPHALT
8.7 FIBER-REINFORCED COMPOSITES
8.8 CERAMIC
8.9 METALS
9 SELF-HEALING MATERIALS MARKET, BY END USE INDUSTRY
9.1 INTRODUCTION
9.2 SELF-HEALING MATERIALS MARKET, BY END-USE INDUSTRY
9.3 BUILDING & CONSTRUCTION
9.4 TRANSPORTATION
9.4.1 AUTOMOTIVE
9.4.2 AEROSPACE
9.5 MOBILE DEVICES
9.6 GENERAL INDUSTRIAL
9.7 OTHERS
10 SELF-HEALING MATERIALS MARKET, BY REGION
10.1 INTRODUCTION
10.2 EUROPE
10.2.1 GERMANY
10.2.2 FRANCE
10.2.3 NETHERLANDS
10.2.4 U.K.
10.2.5 REST OF EUROPE
10.3 NORTH AMERICA
10.3.1 U.S.
10.3.2 REST OF NORTH AMERICA
10.4 ASIA-PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 INDIA
10.4.4 REST OF ASIA-PACIFIC
10.5 ROW
10.5.1 SOUTH AFRICA
10.5.2 REST OF ROW
11 COMPANY PROFILES
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.1 ACCIONA S.A.
11.2 AKZO NOBEL N.V.
11.3 APPLIED THIN FILMS, INC. (ATFI)
11.4 ARKEMA SA
11.5 AUTONOMIC MATERIALS INC.
11.6 AVECOM N.V.
11.7 BASF SE
11.8 COVESTRO AG (FORMERLY BAYER MATERIAL SCIENCE)
11.9 CRITICAL MATERIALS S.A.
11.10 DEVAN CHEMICALS
11.11 E. I. DU PONT DE NEMOURS AND COMPANY
11.12 EVONIK INDUSTRIES
11.13 SENSOR COATING SYSTEMS LTD.
11.14 SLIPS TECHNOLOGIES, INC.
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
12.5 AVAILABLE CUSTOMIZATIONS
12.6 RELATED REPORTS
12.7 AUTHOR DETAILS
Table 1 SELF-HEALING MATERIALS MARKET TO REGISTER HIGH GROWTH BETWEEN 2016 AND 2021 (B)
Table 2 SELF-HEALING MATERIALS MARKET, BY FORM
Table 3 SELF-HEALING MATERIALS MARKET, BY MATERIAL TYPE
Table 4 SELF-HEALING MATERIALS MARKET, BY END-USE INDUSTRY
Table 5 CONTRIBUTION OF MANUFACTURING INDUSTRY TO ASIA-PACIFIC GDP, USD TRILLION (2013–2015)
Table 6 MEXICO DOMINATES THE MANUFACTURING INDUSTRY IN NORTH AMERICA GDP, USD TRILLION (2013–2015)
Table 7 CONTRIBUTION OF MANUFACTURING INDUSTRY TO WESTERN EUROPEAN GDP, USD TRILLION (2013–2015)
Table 8 CONTRIBUTION OF MANUFACTURING INDUSTRY TO MIDDLE-EAST & AFRICAN GDP, USD TRILLION (2013–2015)
Table 9 CONTRIBUTION OF MANUFACTURING INDUSTRY TO CENTRAL & EASTERN EUROPEAN GDP, USD TRILLION (2013–2015)
Table 10 CONTRIBUTION OF MANUFACTURING INDUSTRY TO SOUTH AMERICAN GDP, USD TRILLION (2013–2015)
Table 11 VEHICLE PRODUCTION STATISTICS IN KEY COUNTRIES OF SELF-HEALING MATERIALS MARKETS (2013–2015)
Table 12 RECENT SELF-HEALING MATERIAL PATENTS (2013-2016)
Table 13 SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 14 EXTRINSIC SELF-HEALING MATERIALS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 15 EXTRINSIC SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 16 CAPSULE-BASED SELF-HEALING MATERIALS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 17 VASCULAR SELF-HEALING MATERIALS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 18 INTRINSIC SELF-HEALING MATERIALS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 19 SELF-HEALING MATERIALS MARKET SIZE, BY MATERIAL TYPE, 2014–2021 (USD MILLION)
Table 20 SELF-HEALING MATERIALS MARKET SIZE FOR CONCRETE, BY REGION, 2014–2021 (USD MILLION)
Table 21 SELF-HEALING MATERIALS MARKET SIZE FOR COATINGS, BY REGION, 2014–2021 (USD MILLION)
Table 22 SELF-HEALING MATERIALS MARKET SIZE FOR POLYMERS, BY REGION, 2014–2021 (USD MILLION)
Table 23 SELF-HEALING MATERIALS MARKET SIZE FOR ASPHALT, BY REGION, 2014–2021 (USD MILLION)
Table 24 SELF-HEALING MATERIALS MARKET SIZE FOR FIBER-REINFORCED COMPOSITES, BY REGION, 2014–2021 (USD MILLION)
Table 25 SELF-HEALING MATERIALS MARKET SIZE FOR CERAMIC, BY REGION, 2014–2021 (USD MILLION)
Table 26 SELF-HEALING MATERIALS MARKET SIZE FOR METALS, BY REGION, 2014–2021 (USD MILLION)
Table 27 SELF-HEALING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2014–2021 (USD MILLION)
Table 28 SELF-HEALING MATERIALS MARKET SIZE FOR BUILDING & CONSTRUCTION, BY REGION, 2014–2021 (USD MILLION)
Table 29 SELF-HEALING MATERIALS MARKET SIZE FOR TRANSPORTATION, BY REGION, 2014–2021 (USD MILLION)
Table 30 SELF-HEALING MATERIALS MARKET SIZE FOR MOBILE DEVICES, BY REGION, 2014–2021 (USD MILLION)
Table 31 SELF-HEALING MATERIALS MARKET SIZE FOR GENERAL INDUSTRIAL, BY REGION, 2014–2021 (USD MILLION)
Table 32 SELF-HEALING MATERIALS MARKET SIZE FOR OTHERS END-USE INDUSTRIES, BY REGION, 2014–2021 (USD MILLION)
Table 33 SELF-HEALING MATERIALS MARKET SIZE, BY REGION, 2014–2021 (USD MILLION)
Table 34 EUROPE: SELF-HEALING MATERIALS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 35 EUROPE: SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 36 EUROPE: EXTRINSIC SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 37 EUROPE: SELF-HEALING MATERIALS MARKET SIZE, BY MATERIAL TYPE, 2014–2021 (USD MILLION)
Table 38 EUROPE: SELF-HEALING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2014–2021 (USD MILLION)
Table 39 NORTH AMERICA: SELF-HEALING MATERIALS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 40 NORTH AMERICA: SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 41 NORTH AMERICA: EXTRINSIC SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 42 NORTH AMERICA: SELF-HEALING MATERIALS MARKET SIZE, BY MATERIAL TYPE, 2014–2021 (USD MILLION)
Table 43 NORTH AMERICA: SELF-HEALING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2014–2021 (USD MILLION)
Table 44 ASIA-PACIFIC: SELF-HEALING MATERIALS MARKET SIZE, BY COUNTRY, 2014–2026 (USD MILLION)
Table 45 ASIA-PACIFIC: SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 46 ASIA-PACIFIC: EXTRINSIC SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 47 ASIA-PACIFIC: SELF-HEALING MATERIALS MARKET SIZE, BY MATERIAL TYPE, 2014–2021 (USD MILLION)
Table 48 ASIA-PACIFIC: SELF-HEALING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2014–2021 (USD MILLION)
Table 49 ROW: SELF-HEALING MATERIALS MARKET SIZE, BY COUNTRY, 2014–2021 (USD MILLION)
Table 50 ROW: SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 51 ROW: EXTRINSIC SELF-HEALING MATERIALS MARKET SIZE, BY FORM, 2014–2021 (USD MILLION)
Table 52 ROW: SELF-HEALING MATERIALS MARKET SIZE, BY MATERIAL TYPE, 2014–2021 (USD MILLION)
Table 53 ROW: SELF-HEALING MATERIALS MARKET SIZE, BY END-USE INDUSTRY, 2014–2021 (USD MILLION)
The report "Self-Healing Materials Market by Form (Extrinsic, Intrinsic), Material Type (Concrete, Coatings, Polymers, Asphalt, Ceramic, Metals), End-Use Industry (Building & Construction, Transportation, Mobile Devices), and Region - Global Forecast to 2021", The self-healing materials market was valued at USD 49.8 Million in 2015 and is projected to reach USD 2,447.7 Million by 2021, at a CAGR of 95.0% between 2016 and 2021.
Major companies profiled in this report include:
Acciona S.A. (Spain), AkzoNobel N.V. (Netherlands), Applied Thin Films, Inc. (U.S.), Arkema SA (France), Autonomic Materials Inc. (U.S.), Avecom N.V. (Belgium), BASF SE (Germany), Covestro AG (Germany), Critical Materials S.A. (Portugal), Devan Chemicals (Portugal), E.I. Du Pont De Nemours and Company (U.S.), Evonik Industries (Germany), Sensor Coating Systems Ltd. (U.K.), and Slips Technologies, Inc. (U.S.). among others.
Research Coverage:
This report covers the self-healing materials market, in terms of value, and forecasts the market size till 2021. The report includes the market segmentation based on form, material type, end-use industry, and region. It also provides company profiles and competitive strategies adopted by the key players in the self-healing materials market.
The growth of the market can be attributed to the properties of self-healing materials that yield long-term financial benefits compared to traditional materials. The application of self-healing materials has increased in building & construction and transportation industries in Europe and North America, owing to the growing awareness about the benefits of self-healing materials in these regions.
Extrinsic segment estimated to be a larger form type segment of the market in terms of value
The capsule-based subsegment is estimated to be a larger segment of the extrinsic self-healing materials market, in terms of value. This method relies on the release of an encapsulated healing agent into the damage zone, and is generally a once-off process as the functionality of the encapsulated healing agent cannot be restored. The scaling up from pilot scale to industrial scale production of self-healing materials in Europe is expected to lead to increased demand for self-healing materials, especially in the building & construction and transportation industries. Vascular systems are relatively less explored and are therefore costlier than the capsule-based systems.
The asphalt segment, based on material type, is expected to register the highest growth during the forecast period
Three ways are being explored to make aged asphalt ‘softer’ and prevent or close as many microcracks as possible. In the first approach, oil-containing capsules made of porous sand are embedded in a binder. When a microcrack in bitumen develops and enters a capsule, the oil flows into the crack and partly fills the crack. The asphalt is rejuvenated by the diffusion of bitumen and oil, decreasing the stiffness of the bituminous binder. In the second approach, conductive fibers like steel wool are incorporated into bitumen. Bitumen melts by the heat generated by electric currents in these fibers, induced by an alternating magnetic field by a coil placed above the asphalt, resulting in crack closure and restoring the material properties. The principle of the induction heating approach has already been proven. To increase the conductivity, electrically-conducting fibers appear to be much more efficient than non-fibrous fillers.
Self-healing materials market in Rest of the World (RoW) is estimated to witness growth during the forecast period
Europe is the largest market for self-healing materials, in terms of value, followed by North America and Asia-Pacific. The U.S., Germany, China and Japan are the largest consumers of self-healing materials. The demand for self-healing materials in applications, such as concrete and coatings is high in RoW. Rising awareness about the benefits of self-healing materials has resulted in this high demand for self-healing materials in RoW countries, such as South Africa, Saudi Arabia, Brazil and Argentina.
