Zion Market Research, the market research group announced the analysis report titled ‘Intelligent Polymer Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2015–2021‘
The type of polymers which go through chemical or physical changes owing to minor changes in environment conditions such as variation in temperature, magnetic and electric variations, ph changes, light, and others are termed as intelligent polymers. This type of polymer is also known as smart polymers. These polymers are progressively significant for various applications such as sensors and actuators, biomedical, tissue engineering, and others. However, due to its volatile characteristics, researchers are focusing on developing various technologies respective to their unique properties. Intelligent polymers are resistive to corrosion, are light in weight, and unaffected by bacteria.
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Intelligent polymers are segmented under various classifications based on the materials used as polytetrafluoroethylene (Teflon), nylon, kevlar, them softening plastics types and others. Based on the product type, the global market is segmented as physical, chemical, and biochemical. Further, the market is sub-segmented as self-healing polymer systems, magnetically-responsive polymer, photo-responsive polymers, ph-responsive polymers, temperature-responsive polymers, and enzyme-responsive polymers. On the basis of application, the market is segmented as automotive, drug delivery, bio-separation, tissue engineering, medical devices, optical data storage, and food packaging.
Wide application of intelligent polymers in medical and biomedical field in the form of drug and gene delivery system and glucose sensors, fabrication of these polymers in insulin delivery system for diabetic person, utilization in various apparatus and processes such as biosensors, enzyme, diagnostics, and for the treatment of burn and wounds healing are the major factors motivating the overall growth of the intelligent polymer market. Furthermore, growing demand for electronics and significant development of smartphone industry are the factors impacting the growth of intelligent coatings market positively. Application in the pharmaceutical element, agricultural goods, and food additives are driving the market growth. Intelligent polymers are used as key ingredients in coating industries. Intelligent coatings are also applicable in manufacturing kitchenware utensils comprising non-sticky pan, pots and other utensils, band aids, capsule, bullet proof vests, and umbrella. On the hand, complexity in the production process and non-biodegradable form may restrain the growth of the global intelligent coatings market.
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North America and Europe are leading the world intelligent polymer market due to rising demand of biomedical industry and may also sustain their influence over the market in future. However, due to emerging technologies and rising industrialization in India and China, Asia Pacific is expected to show growth in future.
Some of the major players known for their products, services, and constant developments in the intelligent polymer market are Autonomic Materials, Bayer Material Science, High Impact Technology, Goodyear, Michelin, Nissan, MacDermid Autotype Ltd, Dow Chemicals, Covestor AG, SABIC, Dupont, Huntsman, and Akzo Nobel.
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Intelligent Polymer Market by Regional Segment Analysis: North America (U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa
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