India Self-healing Materials Market Size & Outlook
India self-healing materials market, 2018-2030 (US$M)
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India self-healing materials market highlights
- The India self-healing materials market generated a revenue of USD 104.2 million in 2023 and is expected to reach USD 612.8 million by 2030.
- The India market is expected to grow at a CAGR of 28.8% 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 104.2 million |
| Market revenue in 2030 | USD 612.8 million |
| Growth rate | 28.8% (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, India accounted for 5.4% 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 Asia Pacific, China self-healing materials market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,625.4 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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India 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 30.04% in 2023. Horizon Databook has segmented the India 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.
Improved GDP, significant population growth, and expanding industrial sector are the critical factors for the growth of construction sector in India. Increasing foreign direct investments in the country and a rise in the number of foreign companies entering the Indian market are expected to further boost the growth of this sector.
Government initiatives to develop smart cities are anticipated to aid this growth, thereby propelling the demand for self-healing concrete over the forecast period.
Burgeoning residential construction activities, owing to increasing urbanization, and ascending investments in the sector by Non-Resident Indians (NRIs) may bolster the demand for self-healing concrete 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 India self-healing materials market , including forecasts for subscribers. This country databook contains high-level insights into India self-healing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India self-healing materials market size, by product, 2018-2030 (US$M)
India Self-healing Materials Market Outlook Share, 2023 & 2030 (US$M)
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