Self-Healing Materials Market to Reach $2.4 billion by 2022
GLEN ALLEN, VA – Industry analyst firm n-tech Research has released a new report titled Markets for Self-healing Materials 2017-2024. The report states that the market for self-healing materials will reach $2.4 billion by 2022. Although some applications for self-healing materials have not taken off since n-tech’s previous report on the subject in 2015, automotive and construction uses are already generating significant revenues.
Self-healing materials include both coatings and surfaces with integrated self-healing mechanisms. In the report, n-tech Research covers applications for such materials in consumer products, automotive, energy generation, construction, military, medical and aerospace. Materials covered include reversible polymers, shape memory materials, vascular systems, capsule-based systems and biomaterials, among others.