Smart polymers, also known stimulus-responsive polymers, has an ability to respond to very slight changes in the surrounding atmosphere. These polymers are biocompatible, strong, resilient, flexible and easy to sharpen & color.
Currently, new polymeric materials are being chemically formulated which sense specific environmental changes in biological systems. The global smart polymers market is estimated and forecasted in terms of revenue (USD million) generated by the global market.
The environmental trigger behind these transitions can be either alter in temperature, pH shift, ionic strength, changes in electric & magnetic field, radiation forces etc.
Smart Polymers Market Outlook
The global smart polymers market is observing outstanding growth due to increasing use of smart polymers in the automotive industry and drug delivery systems.
Furthermore, development of smart textiles is expected to provide growth opportunities to this market in the future.
Moreover, rising need for efficient drug delivery systems and increasing awareness regarding the use of smart polymers are fuelling the market growth.
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Smart Polymers Market Segmental Overview
The report analyses the global smart polymers market based on type, application and geography.
Smart Polymers Market by Type
Based on type, this market is segmented into physical stimuli responsive polymers (thermo-responsive polymers, photo-responsive polymers, pressure-responsive polymers and electroactive & magnetically-responsive polymers), chemical stimuli responsive polymers (pH-responsive polymers) and biological stimuli responsive polymers (enzymes-responsive polymers and self-healing polymers).
Smart Polymers Market by Application
Based on application, this market is segmented into biomedical & biotechnology (drug delivery, tissue engineering, bio-separation and biocatalyst), automotive, electrical & electronics, textile, nuclear energy (radiation detection and waste treatment)
Smart Polymers Market by Geography
By geography, the global smart polymers market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Smart Polymers Market Key Players
Some of the key market players of the global smart polymers market include BASF SE, Advanced Polymer Materials Inc., Akina Inc., Evonik Industries AG, Merck Group, NEI Corporation, Reactive Surfaces Ltd, SMP Technologies Inc., Spintech LLC, The DOW Chemical Company and The Lubrizol Corporation.
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