Shape memory polymer is a polymeric brilliant material that can come back from a distorted transitory state to its unique changeless state when initiated by an outside boost, for example, temperature, power, attractive field, light, synthetic compounds, and so forth. The polymer is first made into a lasting shape by regular methodologies, after which it is distorted into the required impermanent shape utilizing a procedure called programming.
MARKET DYNAMICS
Growing demand from the construction industry in Asia-Pacific is another major driver for the market. Another major factors driving the market is the increasing applications of shape-memory polymers in the Healthcare Industry. However, relatively low stiffness values are hindering the growth of the market studied.
MARKET SCOPE
The "Global Shape-Memory Polymer Market Analysis to 2031" is a specialized and in-depth study of the Shape-memory polymer market with a special focus on the global market trend analysis. The report aims to provide an overview of Shape-memory polymer market with detailed market segmentation by stimulus type, end user. The global Shape-memory polymer market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Shape-memory polymer market player and offers key trends and opportunities in the Shape-memory polymer market.
MARKET SEGMENTATION
The global Shape-memory polymer market is segmented on the basis of stimulus type, end user. On the basis of stimulus type, market is segmented as temperature-induced, light-induced, electricity-induced, other stimulus types. On the basis of end user market is segmented as aerospace, automotive, construction, healthcare, other
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Shape-memory polymer market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Shape-memory polymer market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Shape-memory polymer market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Shape-memory polymer market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Shape-memory polymer market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Shape-memory polymer market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Shape-memory polymer market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Shape-memory polymer market in these regions.
MARKET PLAYERS
The reports cover key developments in the Shape-memory polymer market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Shape-memory polymer market are anticipated to lucrative growth opportunities in the future with the rising demand for Shape-memory polymer market. Below mentioned is the list of few companies engaged in the Shape-memory polymer market.
The report also includes the profiles of key Shape-memory polymer market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- BASF SE
- Covestro AG
- Evonik Industries AG
- SMP Technologies Inc.
- Spintech Holdings Inc.
- EndoShape, Inc.
- MedShape, Inc.
- Nanoshel LLC
- Asahi Kasei Corporation
- Composite Technology Development, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Shape-Memory Polymer Market - By Stimulus Type
1.3.2Shape-Memory Polymer Market - By End-user Industry
1.3.3Shape-Memory Polymer Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.SHAPE-MEMORY POLYMER MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.SHAPE-MEMORY POLYMER MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.SHAPE-MEMORY POLYMER MARKET - GLOBAL MARKET ANALYSIS
6.1.SHAPE-MEMORY POLYMER - GLOBAL MARKET OVERVIEW
6.2.SHAPE-MEMORY POLYMER - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.SHAPE-MEMORY POLYMER MARKET - REVENUE AND FORECASTS TO 2028 " STIMULUS TYPE
7.1.OVERVIEW
7.2.STIMULUS TYPE MARKET FORECASTS AND ANALYSIS
7.3.TEMPERATURE-INDUCED
7.3.1.Overview
7.3.2.Temperature-induced Market Forecast and Analysis
7.4.LIGHT-INDUCED
7.4.1.Overview
7.4.2.Light-induced Market Forecast and Analysis
7.5.ELECTRICITY-INDUCED
7.5.1.Overview
7.5.2.Electricity-induced Market Forecast and Analysis
7.6.OTHER STIMULUS TYPES
7.6.1.Overview
7.6.2.Other Stimulus Types Market Forecast and Analysis
8.SHAPE-MEMORY POLYMER MARKET - REVENUE AND FORECASTS TO 2028 " END-USER INDUSTRY
8.1.OVERVIEW
8.2.END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3.AEROSPACE
8.3.1.Overview
8.3.2.Aerospace Market Forecast and Analysis
8.4.AUTOMOTIVE
8.4.1.Overview
8.4.2.Automotive Market Forecast and Analysis
8.5.CONSTRUCTION
8.5.1.Overview
8.5.2.Construction Market Forecast and Analysis
8.6.HEALTHCARE
8.6.1.Overview
8.6.2.Healthcare Market Forecast and Analysis
8.7.OTHER
8.7.1.Overview
8.7.2.Other Market Forecast and Analysis
9.SHAPE-MEMORY POLYMER MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Shape-Memory Polymer Market Overview
9.1.2North America Shape-Memory Polymer Market Forecasts and Analysis
9.1.3North America Shape-Memory Polymer Market Forecasts and Analysis - By Stimulus Type
9.1.4North America Shape-Memory Polymer Market Forecasts and Analysis - By End-user Industry
9.1.5North America Shape-Memory Polymer Market Forecasts and Analysis - By Countries
9.1.5.1United States Shape-Memory Polymer Market
9.1.5.1.1United States Shape-Memory Polymer Market by Stimulus Type
9.1.5.1.2United States Shape-Memory Polymer Market by End-user Industry
9.1.5.2Canada Shape-Memory Polymer Market
9.1.5.2.1Canada Shape-Memory Polymer Market by Stimulus Type
9.1.5.2.2Canada Shape-Memory Polymer Market by End-user Industry
9.1.5.3Mexico Shape-Memory Polymer Market
9.1.5.3.1Mexico Shape-Memory Polymer Market by Stimulus Type
9.1.5.3.2Mexico Shape-Memory Polymer Market by End-user Industry
9.2.EUROPE
9.2.1Europe Shape-Memory Polymer Market Overview
9.2.2Europe Shape-Memory Polymer Market Forecasts and Analysis
9.2.3Europe Shape-Memory Polymer Market Forecasts and Analysis - By Stimulus Type
9.2.4Europe Shape-Memory Polymer Market Forecasts and Analysis - By End-user Industry
9.2.5Europe Shape-Memory Polymer Market Forecasts and Analysis - By Countries
9.2.5.1Germany Shape-Memory Polymer Market
9.2.5.1.1Germany Shape-Memory Polymer Market by Stimulus Type
9.2.5.1.2Germany Shape-Memory Polymer Market by End-user Industry
9.2.5.2France Shape-Memory Polymer Market
9.2.5.2.1France Shape-Memory Polymer Market by Stimulus Type
9.2.5.2.2France Shape-Memory Polymer Market by End-user Industry
9.2.5.3Italy Shape-Memory Polymer Market
9.2.5.3.1Italy Shape-Memory Polymer Market by Stimulus Type
9.2.5.3.2Italy Shape-Memory Polymer Market by End-user Industry
9.2.5.4United Kingdom Shape-Memory Polymer Market
9.2.5.4.1United Kingdom Shape-Memory Polymer Market by Stimulus Type
9.2.5.4.2United Kingdom Shape-Memory Polymer Market by End-user Industry
9.2.5.5Russia Shape-Memory Polymer Market
9.2.5.5.1Russia Shape-Memory Polymer Market by Stimulus Type
9.2.5.5.2Russia Shape-Memory Polymer Market by End-user Industry
9.2.5.6Rest of Europe Shape-Memory Polymer Market
9.2.5.6.1Rest of Europe Shape-Memory Polymer Market by Stimulus Type
9.2.5.6.2Rest of Europe Shape-Memory Polymer Market by End-user Industry
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Shape-Memory Polymer Market Overview
9.3.2Asia-Pacific Shape-Memory Polymer Market Forecasts and Analysis
9.3.3Asia-Pacific Shape-Memory Polymer Market Forecasts and Analysis - By Stimulus Type
9.3.4Asia-Pacific Shape-Memory Polymer Market Forecasts and Analysis - By End-user Industry
9.3.5Asia-Pacific Shape-Memory Polymer Market Forecasts and Analysis - By Countries
9.3.5.1Australia Shape-Memory Polymer Market
9.3.5.1.1Australia Shape-Memory Polymer Market by Stimulus Type
9.3.5.1.2Australia Shape-Memory Polymer Market by End-user Industry
9.3.5.2China Shape-Memory Polymer Market
9.3.5.2.1China Shape-Memory Polymer Market by Stimulus Type
9.3.5.2.2China Shape-Memory Polymer Market by End-user Industry
9.3.5.3India Shape-Memory Polymer Market
9.3.5.3.1India Shape-Memory Polymer Market by Stimulus Type
9.3.5.3.2India Shape-Memory Polymer Market by End-user Industry
9.3.5.4Japan Shape-Memory Polymer Market
9.3.5.4.1Japan Shape-Memory Polymer Market by Stimulus Type
9.3.5.4.2Japan Shape-Memory Polymer Market by End-user Industry
9.3.5.5South Korea Shape-Memory Polymer Market
9.3.5.5.1South Korea Shape-Memory Polymer Market by Stimulus Type
9.3.5.5.2South Korea Shape-Memory Polymer Market by End-user Industry
9.3.5.6Rest of Asia-Pacific Shape-Memory Polymer Market
9.3.5.6.1Rest of Asia-Pacific Shape-Memory Polymer Market by Stimulus Type
9.3.5.6.2Rest of Asia-Pacific Shape-Memory Polymer Market by End-user Industry
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Shape-Memory Polymer Market Overview
9.4.2Middle East and Africa Shape-Memory Polymer Market Forecasts and Analysis
9.4.3Middle East and Africa Shape-Memory Polymer Market Forecasts and Analysis - By Stimulus Type
9.4.4Middle East and Africa Shape-Memory Polymer Market Forecasts and Analysis - By End-user Industry
9.4.5Middle East and Africa Shape-Memory Polymer Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Shape-Memory Polymer Market
9.4.5.1.1South Africa Shape-Memory Polymer Market by Stimulus Type
9.4.5.1.2South Africa Shape-Memory Polymer Market by End-user Industry
9.4.5.2Saudi Arabia Shape-Memory Polymer Market
9.4.5.2.1Saudi Arabia Shape-Memory Polymer Market by Stimulus Type
9.4.5.2.2Saudi Arabia Shape-Memory Polymer Market by End-user Industry
9.4.5.3U.A.E Shape-Memory Polymer Market
9.4.5.3.1U.A.E Shape-Memory Polymer Market by Stimulus Type
9.4.5.3.2U.A.E Shape-Memory Polymer Market by End-user Industry
9.4.5.4Rest of Middle East and Africa Shape-Memory Polymer Market
9.4.5.4.1Rest of Middle East and Africa Shape-Memory Polymer Market by Stimulus Type
9.4.5.4.2Rest of Middle East and Africa Shape-Memory Polymer Market by End-user Industry
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Shape-Memory Polymer Market Overview
9.5.2South and Central America Shape-Memory Polymer Market Forecasts and Analysis
9.5.3South and Central America Shape-Memory Polymer Market Forecasts and Analysis - By Stimulus Type
9.5.4South and Central America Shape-Memory Polymer Market Forecasts and Analysis - By End-user Industry
9.5.5South and Central America Shape-Memory Polymer Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Shape-Memory Polymer Market
9.5.5.1.1Brazil Shape-Memory Polymer Market by Stimulus Type
9.5.5.1.2Brazil Shape-Memory Polymer Market by End-user Industry
9.5.5.2Argentina Shape-Memory Polymer Market
9.5.5.2.1Argentina Shape-Memory Polymer Market by Stimulus Type
9.5.5.2.2Argentina Shape-Memory Polymer Market by End-user Industry
9.5.5.3Rest of South and Central America Shape-Memory Polymer Market
9.5.5.3.1Rest of South and Central America Shape-Memory Polymer Market by Stimulus Type
9.5.5.3.2Rest of South and Central America Shape-Memory Polymer Market by End-user Industry
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.SHAPE-MEMORY POLYMER MARKET, KEY COMPANY PROFILES
11.1.BASF SE
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.COVESTRO AG
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.EVONIK INDUSTRIES AG
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.SMP TECHNOLOGIES INC.
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.SPINTECH HOLDINGS INC.
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.ENDOSHAPE, INC.
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.MEDSHAPE, INC.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.NANOSHEL LLC
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.ASAHI KASEI CORPORATION
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.COMPOSITE TECHNOLOGY DEVELOPMENT, INC.
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. BASF SE
2. Covestro AG
3. Evonik Industries AG
4. SMP Technologies Inc.
5. Spintech Holdings Inc.
6. EndoShape, Inc.
7. MedShape, Inc.
8. Nanoshel LLC
9. Asahi Kasei Corporation
10. Composite Technology Development, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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