The Global Polymer Chameleon Market is expected to reach USD
1.64 billion by 2025, according to a new
report by Grand View Research, Inc. Growing utilization of bio-engineered
polymeric materials that offers high efficiency and durability in manufacturing
advanced hi-tech end-user products is projected to boost market demand over the
forecast period.
Polymer
chameleon is high-performance polymers showing environment-dependent
characteristics. They react to external stimuli such as temperature, pH, light;
biological molecules, electric & magnetic field, ionic components, and
undergo reversible physical & chemical alterations in response.
These
polymers discover promising applications in many verticals of the molecular and
biomedical areas such as cell culture support systems, actuators systems,
bio-separation devices, sensors, and textile engineering frameworks. The
appearance of drug delivery system to regulate controlled drug-delivery with a
narrow remedial window and short half-life will further fuel the market growth
shortly.
Growing
disposable income, high demand for low fuel combustion & light-weight
vehicles and strict implementation of regulations by the governing bodies such
as EPA and EU has led to increasing demand for engineered polymeric products.
North America occupied the largest market share in 2016 due to the presence of
subsidiaries of a vast number of multinational polymer manufacturing players in
the region.
Companies
such as Akzo Nobel N.V., Evonik Industries AG, BASF SE, and E. I. du Pont de
Nemours and Company have adopted expansion strategies to increase their
presence in the market. Most of the companies have invested in R&D
amenities to discover advanced and innovative special trading nylons &
monomers that are eco-friendly, and extremely sensitive to surrounding with
less utilization of expensive & harmful raw materials.
Access for full Detail of Report@
http://www.grandviewresearch.com/industry-analysis/polymer-chameleons-market
Further key
findings from the report suggest:
- Smart drug
delivery systems & implants broadly prefer utilizing polymer chameleon
products due to increasing expansion of application scope in many fields
including implants, pharmaceuticals, medicinal diagnostics, and treatments
- Shape memory
polymers are expected to witness the fastest growth over the forecast
period. The segment is expected to grow at a CAGR of 21.3% by 2025.
- Asia Pacific is
projected to increase at the highest CAGR of over 21% on account of the
growing demand for shape memory products to manufacture automobile
components and thermo-responsive polymers to produce advanced medical and
textile engineered products. High demand is witnessed from China, Japan,
and India.
- Major companies
identified in this industry include Akzo Nobel N.V., Evonik Industries AG,
BASF SE, E. I. du Pont de Nemours and Company among others.
View all Related Reports from
Same Category: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand
View Research has segmented the polymer chameleon market on the basis of
product, application, and region:
Global Polymer Chameleon Product
Outlook (Revenue, USD Million, 2014 - 2025)
- Thermo-Responsive
polymers
- Photo-Responsive
polymers
- Shape Memory
polymers
- Electroactive
& Magnetically-Responsive polymers
- pH-Responsive
polymers
- Enzyme-Responsive
polymers
- Self-healing
polymers
- Others
Global Polymer Chameleon
Application Outlook (Revenue, USD Million, 2014 - 2025)
- A Smart Drug
Delivery System & Implants
- Bio separation
- Textile
engineering
- Automotive &
transportation
- Others
Global Polymer Chameleon Regional
Outlook (Revenue, USD Million, 2014 - 2025)
North America
- U.S.
- Canada
Europe
- Germany
- UK
- Netherlands
- France
Asia Pacific
- China
- Japan
- Australia
& New Zealand
- India
Central & South America
Middle East & Africa
Browse Press Release of this Report@ http://www.grandviewresearch.com/press-release/global-polymer-chameleons-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email:
sales@grandviewresearch.com
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