Global self-healing polymer market is expected to gain a positive traction in the forthcoming period. Self-healing materials are those materials that have the ability to heal inevitably with heat or external pressure. From the commercial view, ability of a material to show autonomous or self-repair is of much significance in terms of sustainability, safety and cost.

Self-healing materials helps in boosting the lifespan of construction materials that are prone to severe cracks. These materials then encompass and heal the cracks and also avoid the cracks from getting expanded. Commercial significance of self-healing materials is mainly sought by ships or oil & gas production and also in coating of docks. This is done to strengthen the steel and prevent corrosion.

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Driving factors responsible for the growth of self-healing materials market include rise in use of self-healing materials in construction sector. Also, the versatile features of self-healing materials enable positive growth in the near future. However, the cost constraint involved in the self-healing material market may hamper the growth.

The segmentation based on form for self-healing polymer market comprises vascular, intrinsic and capsule. Based on segmentation by end-use, self-healing polymer market includes paints & coatings, buildings & construction, electrical and electronics, healthcare and aerospace. Based on segmentation by product, the self-healing materials market include concrete, fiber-reinforced composite, metals, coatings, polymers and asphalt

Geographically, self-healing polymer market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. Europe is the huge market for self-healing polymer industry followed by North America and Asia-Pacific. Factors such as demand for self-healing materials in applications, such as concrete and coatings is high.

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Rising awareness pertaining to self-healing materials resulting out of high demand of self-healing materials in Middle-East, Africa and Latin American regions. The key players in the self-healing polymer market include Covestro, Arkema Group, Evonik Industries AG, Autonomic Materials Inc, Teijin Aramid and AkzoNobel N.V.

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