Germany Self-healing Materials Market Size & Outlook
Germany self-healing materials market, 2018-2030 (US$M)
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Germany self-healing materials market highlights
- The Germany self-healing materials market generated a revenue of USD 241.4 million in 2023 and is expected to reach USD 924.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 21.1% from 2024 to 2030.
- In terms of segment, coatings was the largest revenue generating product in 2023.
- Concrete is the most lucrative product segment registering the fastest growth during the forecast period.
Self-healing materials market data book summary
| Market revenue in 2023 | USD 241.4 million |
| Market revenue in 2030 | USD 924.5 million |
| Growth rate | 21.1% (CAGR from 2023 to 2030) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Concrete, Coatings, Polymers, Asphalt, Fiber-reinforced Composites, Ceramic, Metals |
| Key market players worldwide | Dow Inc, Covestro AG, Huntsman Corp, Michelin, Akzo Nobel NV, Evonik Industries AG, Basf SE, NEI Corporation, High Impact Technology, MacDermid Autotype |
Other key industry trends
- In terms of revenue, Germany accounted for 12.4% of the global self-healing materials market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany self-healing materials market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 924.5 million by 2030.
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Self-healing Materials Market Scope
Self-healing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany self-healing materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to self-healing materials market will help companies and investors design strategic landscapes.
Coatings was the largest segment with a revenue share of 28.46% in 2023. Horizon Databook has segmented the Germany self-healing materials market based on concrete, coatings, polymers, asphalt, fiber-reinforced composites, ceramic, metals covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry in Germany experienced a weak growth until 2015 owing to the economic slowdown due to the Eurozone crisis, which resulted in poor investor confidence and a decline in construction activities in the country.
As a result, demand for self-healing materials in Germany also experienced a setback. However, the market is expected to witness a moderate growth in the coming years with the gradual economic recovery and improved business confidence.
Germany has witnessed increase in investments in solar panels, offshore wind energy, bio-energy, energy grids, photovoltaic, and energy storage projects and is expected to continue the trend over the forecast period.
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Our clientele includes a mix of self-healing materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany self-healing materials market , including forecasts for subscribers. This country databook contains high-level insights into Germany self-healing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany self-healing materials market size, by product, 2018-2030 (US$M)
Germany Self-healing Materials Market Outlook Share, 2023 & 2030 (US$M)
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