Smart Polymers Market Share, Size, Emerging Trends and Analysis to 2020

Technavio Announces the Publication of its Research Report Global Smart Polymers Market 2016-2020

Technavio recognizes the following companies as the key players in the global smart polymers market: AkzoNobel, Autonomic Materials, Dow Chemical, and Huntsman International.

Commenting on the report, an analyst from Technavios team said: Evolution of drug delivery systems will be a key trend for market growth. Smart polymers are showcasing controlled delivery systems for medications having a short half-life, narrow therapeutic window, liable to gastric and hepatic degradation, and medications that are dynamic at low plasma concentrations. These delivery systems experience numerous difficulties connected with their advancements that are identified with medication stability, drug discharge kinetics, and the conditions under which the system is delivered to the body. Smart polymers sensitive to the proximity of some biomarkers could be valuable in focusing on particular disease conditions. For instance, smart polymers sensitive to folate receptor can be used to convey anti-cancer agents to tumor cells.”

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According to the report, one of the key drivers for market growth will be application of shape memory polymer in automotive industry. In the automotive industry, shape memory polymers are used in vehicle subsystems. These polymers self-heal in the case of damage. These polymers can also be designed to change appearance or color. In addition, the polymers can be used in sensors in safety systems. Shape memory polymers showcase new platform for variable elements in vehicles. The novel materials include new innovative components that can enhance vehicle performance at lower costs.

Further, the report states that issues with use of smart polymers will be a challenge for the market. Smart polymers face challenges with respect to high burst discharge...