Extrinsic Self-Healing Materials Market Size, Trends and Insights By Product (Polymer-Based Materials, Metal-Based Materials, Ceramic-Based Materials, Coatings and Paints, Others), By Technology (Microencapsulation, Vascular Systems, Shape Memory Polymers, Nano- and Microscale Materials, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI29836

Published Date: September 2023

Pages: 220+

Category: Chemicals And Materials

Report Snapshot

CAGR: 10.2%
1.2B
2022
1.5B
2023
4.5B
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Akzo Nobel N.V.
  • Autonomic Materials Inc.
  • Covestro AG
  • Evonik Industries AG
  • Huntsman Corporation
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

As per the current market research conducted by the CMI Team, the global Extrinsic Self-Healing Materials Market is expected to record a CAGR of 10.2% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 1.2 billion. By 2032, the valuation is anticipated to reach USD 4.5 billion.

The Extrinsic Self-Healing Materials Market pertains to materials with the ability to autonomously repair damage, extending product lifespan and reducing maintenance costs. Its nature lies in utilizing encapsulated agents or innovative mechanisms to heal cracks and structural flaws.

Key trends include a shift towards sustainable solutions due to environmental concerns, integration of self-healing materials in high-tech industries like electronics, and growing interest in healthcare applications. These trends reflect a drive for longer-lasting, resilient products and structures across diverse sectors.

Extrinsic Self-Healing Materials Market – Significant Growth Factors

The Extrinsic Self-Healing Materials Market presents significant growth opportunities due to several factors:

  • Durability Enhancement Demand: Industries across automotive, aerospace, and construction seek materials that can withstand wear and tear, reducing repair and replacement costs. This drives the adoption of self-healing materials to enhance product longevity.
  • Advancements in Material Science: Continuous innovations in microencapsulation, nanotechnology, and chemistry enable the development of more efficient and effective self-healing mechanisms. This expansion in technological capabilities broadens the potential applications of these materials.
  • Sustainability Imperatives: Increasing environmental concerns and regulations push industries to explore eco-friendly solutions. Self-healing materials, by extending product lifespan and minimizing waste, align with sustainability goals and contribute to a greener future.
  • Rise of Smart Technologies: In modern electronics, durability and reliability are paramount. The integration of self-healing materials into consumer electronics and IoT devices addresses these needs, propelling the market’s growth in high-tech sectors.
  • Healthcare Applications: The healthcare sector presents an enticing opportunity for self-healing materials in medical devices. Enhancing the longevity and safety of equipment can improve patient care and promote the adoption of these materials in critical applications.
  • Infrastructural Advancements: Global investments in infrastructure development create a demand for durable construction materials. Self-healing concrete, for instance, presents a substantial growth opportunity, catering to the construction industry’s need for resilient and long-lasting solutions.

Extrinsic Self-Healing Materials Market – Mergers and Acquisitions

The Extrinsic Self-Healing Materials Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Extrinsic Self-Healing Materials Market include:

  • BASF’s Coatings: In 2021, BASF’s Coatings division employs Covestro’s Ultra line of coating hardeners. BASF’s Coatings division, a leading global supplier of premium-quality, durable and sustainable refinish coatings, is using a broad range of hardeners, including Covestro Desmodur® Ultra activators.
  • AkzoNobel and Evonik: In 2021, These companies partnered to research and develop self-healing coatings for applications in the automotive and aerospace sectors. By combining their knowledge of coatings and materials, they aimed to create more durable and resilient surface solutions.
  • Autonomic Materials Adds William Sante: In 2021, Sante expedite sales growth for AMI’s fully formulated coating products, anchored by the company’s AMP-UP 100, low VOC epoxy primer product, into the target building envelope, general industrial and concrete repair segments, while leading evaluation of opportunities for growth into new segments.
  • Celanese and Mobility & Materials: In 2022, Celanese Corporation announced it had completed the acquisition of the majority of the Mobility & Materials (M&M) business of DuPont. Celanese has acquired a broad portfolio of engineered thermoplastics and elastomers, industry-renowned brands and intellectual property, global production assets, and a world-class organization.
  • AkzoNobel’s Acquisition of Disa Technology: In 2018, AkzoNobel acquired Disa Technology, a Swedish company specializing in self-healing coatings. This acquisition strengthened AkzoNobel’s position in the coatings industry by incorporating innovative self-healing technologies. The acquisition of Disatech will bring new technologies and services that complement AkzoNobel’s existing portfolio of coatings and films for the aerospace and transport sectors.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Extrinsic Self-Healing Materials Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Extrinsic Self-Healing Materials Market Self-Healing Materials Market Advanced Materials for Displays Market
CAGR 10.2% (Approx) CAGR 25.3% (Approx) CAGR 3.7% (Approx)
USD 4.5 Billion by 2032 USD 12.17 Billion by 2032 USD 180.1 Billion by 2030

Extrinsic Self-Healing Materials Market – Significant Threats

The Extrinsic Self-Healing Materials Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • High Costs: The research, development, and production of self-healing materials can be expensive. The initial investment required for incorporating these materials into products or structures might deter cost-sensitive industries from adopting them.
  • Technical Complexity: Implementing self-healing mechanisms requires advanced technology and materials knowledge. Integrating these technologies into existing manufacturing processes may pose technical challenges, slowing down widespread adoption.
  • Limited Compatibility: Self-healing materials might not be compatible with certain applications or environments. Ensuring that the materials can effectively heal damage under various conditions is crucial for their successful adoption.
  • Competing Technologies: Other technologies, such as advanced coatings, corrosion-resistant materials, or improved maintenance practices, might provide similar benefits at a lower cost. Such alternatives could present competition and limit market penetration.
  • Regulatory Hurdles: New materials often need to meet regulatory standards for safety, environmental impact, and performance. Navigating the regulatory landscape and obtaining necessary approvals can be a barrier to market entry for self-healing materials.
  • Long-Term Reliability: While self-healing materials show promise, their long-term reliability and effectiveness need validation. Industries require assurance that these materials can consistently perform as expected over extended periods, which might affect their adoption in critical applications.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 1.5 Billion
Projected Market Size in 2032 USD 4.5 Billion
Market Size in 2022 USD 1.2 Billion
CAGR Growth Rate 10.2% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Product, Technology and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Product:

  • Polymer-Based Materials: These are materials composed of polymers that possess the ability to autonomously repair damage through encapsulated agents. Current trends involve enhancing the durability of consumer products and reducing maintenance costs, driving the adoption of self-healing polymers in industries such as electronics and automotive.
  • Metal-Based Materials: These materials encompass metals and alloys capable of self-repair due to diffusion-based mechanisms. As industries seek durable and reliable solutions, the trend of integrating self-healing metals in critical applications, like aerospace and manufacturing, continues to grow.
  • Ceramic-Based Materials: Ceramic materials with embedded healing agents that activate upon damage. The trend focuses on improving structural integrity in high-stress environments, especially in sectors like construction and energy where durability and longevity are paramount.
  • Coatings and Paints: Self-healing coatings and paints contain microcapsules of healing agents that are released to mend minor damage. A trend involves their application in various industries, including automotive and infrastructure, to enhance aesthetics and prolong the life of surfaces.
  • Others: This category encompasses diverse self-healing materials like concrete, textiles, and composites. Trends emphasize integrating these materials into unconventional areas such as smart textiles, where self-repairing fabrics respond to wear and tear, enhancing their usability and longevity.

By Technology

  • Microencapsulation: Microencapsulation involves embedding healing agents within tiny capsules. When damage occurs, these capsules rupture, releasing the agents to repair cracks. A trend in the Extrinsic Self-Healing Materials field is the refinement of microencapsulation techniques, enhancing the controlled release of agents for efficient healing.
  • Vascular Systems: Inspired by biological circulatory systems, vascular systems deliver healing agents to damaged areas. In the Extrinsic Self-Healing Materials Market, there’s a trend towards designing more intricate and efficient vascular networks for improved material repair.
  • Shape Memory Polymers: Shape memory polymers regain their original form when stimulated. In the market, advancements in shape memory polymer technology are driving the development of materials that can self-heal by reverting to their undamaged state after experiencing deformation.
  • Nano- and Microscale Materials: Utilizing nanotechnology, self-healing materials at the nanoscale exhibit unique properties. The trend involves leveraging these materials to create robust and multifunctional self-healing surfaces, benefiting industries such as electronics and coatings.
  • Others: Besides the mentioned technologies, innovations continue in other self-healing mechanisms. Researchers explore thermomechanical reactions and biological processes, seeking novel approaches to enhance material resilience and promote their adoption across various sectors.

Global Extrinsic Self-Healing Materials Market 2023–2032 (By Billion)

www.custommarketinsight.com

Extrinsic Self-Healing Materials Market – Regional Analysis

The Extrinsic Self-Healing Materials Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: In North America, a notable trend in the Extrinsic Self-Healing Materials Market is the emphasis on aerospace applications. With a strong aerospace industry presence, self-healing materials are being developed for aircraft components, enhancing safety and reducing maintenance costs.
  • Europe: In Europe, the trend revolves around sustainable construction. The construction sector’s focus on energy-efficient and durable buildings drives the integration of self-healing concrete and materials that enhance structural integrity, aligning with the region’s sustainability goals.
  • Asia-Pacific: The Asia-Pacific region is witnessing a surge in electronics and automotive manufacturing. Self-healing materials are increasingly being integrated into consumer electronics, smartphones, and automobiles, as industries prioritize durable and reliable products to cater to the growing market demands.
  • LAMEA (Latin America, Middle East, and Africa): LAMEA regions are experiencing rapid infrastructure development. The trend here involves the incorporation of self-healing materials in construction projects to create resilient and long-lasting structures that can withstand harsh climatic conditions and reduce maintenance requirements.

Global Extrinsic Self-Healing Materials Market 2023–2032 (By Product)

www.custommarketinsight.com

Competitive Landscape – Extrinsic Self-Healing Materials Market

The Extrinsic Self-Healing Materials Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Akzo Nobel N.V.
  • Autonomic Materials Inc.
  • Covestro AG
  • Evonik Industries AG
  • Huntsman Corporation
  • Michelin Group
  • PPG Industries Inc.
  • BASF SE
  • DuPont de Nemours Inc. (DuPont)
  • Nissan Motor Corporation
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

Emerging players such as Nanomech, NEI Corporation, and AdMat Innovations are leveraging innovation to enter the Extrinsic Self-Healing Materials Market. They are introducing novel self-healing technologies and collaborating with research institutions to develop advanced materials, aiming to capture market share through unique offerings.

Established industry leaders like Covestro AG, BASF SE, and Michelin Group dominate the Extrinsic Self-Healing Materials Market. These companies have invested heavily in research, technology, and partnerships, leading to a broad range of applications across industries. Their robust market presence, extensive product portfolios, and reputation for reliability position them as key drivers in shaping market trends and standards.

The Extrinsic Self-Healing Materials Market is segmented as follows:

By Product

  • Polymer-Based Materials
  • Metal-Based Materials
  • Ceramic-Based Materials
  • Coatings and Paints
  • Others

By Technology

  • Microencapsulation
  • Vascular Systems
  • Shape Memory Polymers
  • Nano- and Microscale Materials
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Extrinsic Self-Healing Materials Market, (2023 – 2032) (USD Billion)
    • 2.2 Global Extrinsic Self-Healing Materials Market : snapshot
  • Chapter 3. Global Extrinsic Self-Healing Materials Market – Industry Analysis
    • 3.1 Extrinsic Self-Healing Materials Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Durability Enhancement Demand
      • 3.2.2 Advancements in Material Science
      • 3.2.3 Sustainability Imperatives
      • 3.2.4 Rise of Smart Technologies
      • 3.2.5 Healthcare Applications
      • 3.2.6 Infrastructural Advancements.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Technology
  • Chapter 4. Global Extrinsic Self-Healing Materials Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Extrinsic Self-Healing Materials Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Extrinsic Self-Healing Materials Market – Product Analysis
    • 5.1 Global Extrinsic Self-Healing Materials Market overview: By Product
      • 5.1.1 Global Extrinsic Self-Healing Materials Market share, By Product, 2022 and 2032
    • 5.2 Polymer-Based Materials
      • 5.2.1 Global Extrinsic Self-Healing Materials Market by Polymer-Based Materials, 2023 – 2032 (USD Billion)
    • 5.3 Metal-Based Materials
      • 5.3.1 Global Extrinsic Self-Healing Materials Market by Metal-Based Materials, 2023 – 2032 (USD Billion)
    • 5.4 Ceramic-Based Materials
      • 5.4.1 Global Extrinsic Self-Healing Materials Market by Ceramic-Based Materials, 2023 – 2032 (USD Billion)
    • 5.5 Coatings and Paints
      • 5.5.1 Global Extrinsic Self-Healing Materials Market by Coatings and Paints, 2023 – 2032 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Extrinsic Self-Healing Materials Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 6. Global Extrinsic Self-Healing Materials Market – Technology Analysis
    • 6.1 Global Extrinsic Self-Healing Materials Market overview: By Technology
      • 6.1.1 Global Extrinsic Self-Healing Materials Market share, By Technology, 2022 and 2032
    • 6.2 Microencapsulation
      • 6.2.1 Global Extrinsic Self-Healing Materials Market by Microencapsulation, 2023 – 2032 (USD Billion)
    • 6.3 Vascular Systems
      • 6.3.1 Global Extrinsic Self-Healing Materials Market by Vascular Systems, 2023 – 2032 (USD Billion)
    • 6.4 Shape Memory Polymers
      • 6.4.1 Global Extrinsic Self-Healing Materials Market by Shape Memory Polymers, 2023 – 2032 (USD Billion)
    • 6.5 Nano- and Microscale Materials
      • 6.5.1 Global Extrinsic Self-Healing Materials Market by Nano- and Microscale Materials, 2023 – 2032 (USD Billion)
    • 6.6 Others
      • 6.6.1 Global Extrinsic Self-Healing Materials Market by Others, 2023 – 2032 (USD Billion)
  • Chapter 7. Extrinsic Self-Healing Materials Industry – Regional Analysis
    • 7.1 Global Extrinsic Self-Healing Materials Industry Regional Overview
    • 7.2 Global Extrinsic Self-Healing Materials Industry Share, by Region, 2022 & 2032 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Extrinsic Self-Healing Materials Industry, 2023 – 2032 (USD Billion)
        • 7.3.1.1 North America Extrinsic Self-Healing Materials Industry, by Country, 2023 – 2032 (USD Billion)
    • 7.4 North America Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032
      • 7.4.1 North America Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032 (USD Billion)
    • 7.5 North America Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032
      • 7.5.1 North America Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032 (USD Billion)
    • 7.6. Europe
      • 7.6.1 Europe Extrinsic Self-Healing Materials Industry, 2023 – 2032 (USD Billion)
        • 7.6.1.1 Europe Extrinsic Self-Healing Materials Industry, by Country, 2023 – 2032 (USD Billion)
    • 7.7 Europe Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032
      • 7.7.1 Europe Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032 (USD Billion)
    • 7.8 Europe Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032
      • 7.8.1 Europe Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032 (USD Billion)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Extrinsic Self-Healing Materials Industry, 2023 – 2032 (USD Billion)
        • 7.9.1.1 Asia Pacific Extrinsic Self-Healing Materials Industry, by Country, 2023 – 2032 (USD Billion)
    • 7.10 Asia Pacific Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032
      • 7.10.1 Asia Pacific Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032 (USD Billion)
    • 7.11 Asia Pacific Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032
      • 7.11.1 Asia Pacific Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032 (USD Billion)
    • 7.12. Latin America
      • 7.12.1 Latin America Extrinsic Self-Healing Materials Industry, 2023 – 2032 (USD Billion)
        • 7.12.1.1 Latin America Extrinsic Self-Healing Materials Industry, by Country, 2023 – 2032 (USD Billion)
    • 7.13 Latin America Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032
      • 7.13.1 Latin America Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032 (USD Billion)
    • 7.14 Latin America Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032
      • 7.14.1 Latin America Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032 (USD Billion)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Extrinsic Self-Healing Materials Industry, 2023 – 2032 (USD Billion)
        • 7.15.1.1 The Middle-East and Africa Extrinsic Self-Healing Materials Industry, by Country, 2023 – 2032 (USD Billion)
    • 7.16 The Middle-East and Africa Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032
      • 7.16.1 The Middle-East and Africa Extrinsic Self-Healing Materials Industry, by Product, 2023 – 2032 (USD Billion)
    • 7.17 The Middle-East and Africa Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032
      • 7.17.1 The Middle-East and Africa Extrinsic Self-Healing Materials Industry, by Technology, 2023 – 2032 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 Akzo Nobel N.V.
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Autonomic Materials Inc.
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Covestro AG
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Evonik Industries AG
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Huntsman Corporation
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Michelin Group
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 PPG Industries Inc.
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 BASF SE
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 DuPont de Nemours Inc. (DuPont)
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Nissan Motor Corporation
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 Others.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
List Of Figures

Figures No 1 to 24

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Akzo Nobel N.V.
  • Autonomic Materials Inc.
  • Covestro AG
  • Evonik Industries AG
  • Huntsman Corporation
  • Michelin Group
  • PPG Industries Inc.
  • BASF SE
  • DuPont de Nemours Inc. (DuPont)
  • Nissan Motor Corporation
  • Others

FAQs

The key factors driving the Market are Durability Enhancement Demand, Advancements in Material Science, Sustainability Imperatives, Rise of Smart Technologies, Healthcare Applications And Infrastructural Advancements.

The “Product” category dominated the market in 2022.

The key players in the market are Akzo Nobel N.V., Autonomic Materials Inc., Covestro AG, Evonik Industries AG, Huntsman Corporation, Michelin Group, PPG Industries Inc., BASF SE, DuPont de Nemours Inc. (DuPont), Nissan Motor Corporation, Others.

“North America” had the largest share in the Extrinsic Self-Healing Materials Market.

The global market is projected to grow at a CAGR of 10.2% during the forecast period, 2023-2032.

The Extrinsic Self-Healing Materials Market size was valued at USD 1.2 Billion in 2022.

PURCHASE OPTIONS

$

3490


$

4490


$

5490


$

1950


powerbi pdf
$

6200

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • PDF, Excel, Power Point and Power BI.
  • Every Year Free Update ( Apr – Apr)
  • Personalized market brief by author
  • Can be accessible by unlimited users.
  • Free 50% or 90 hours of customization.
  • Up to 50 Company Profiles
  • Free post-sale service assistance with guarantee
  • 40% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account team.
  • Service guarantee available.

Want to customize this report?
100% FREE CUSTOMIZATION!