India Self-healing Materials Market Size & Outlook
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India self-healing materials market highlights
- The India self-healing materials market generated a revenue of USD 138.5 million in 2024 and is expected to reach USD 1,126.8 million by 2033.
- The India market is expected to grow at a CAGR of 25.6% from 2025 to 2033.
- In terms of segment, coatings was the largest revenue generating product in 2024.
- 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 2024 | USD 138.5 million |
| Market revenue in 2033 | USD 1,126.8 million |
| Growth rate | 25.6% (CAGR from 2025 to 2033) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Coatings, Concrete, Fiber-reinforced Composites, Asphalt, 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 5.6% of the global self-healing materials market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China self-healing materials market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,075.8 million by 2033.
Coatings was the largest segment with a revenue share of 39.71% in 2024. Horizon Databook has segmented the India self-healing materials market based on polymers, coatings, concrete, fiber-reinforced composites, asphalt, ceramic, metals covering the revenue growth of each sub-segment from 2021 to 2033.
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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Self-healing Materials Market Scope
Self-healing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MacDermid Autotype | View profile | 251-500 | Wantage, Oxfordshire, United Kingdom, Europe | http://autotype.macdermid.com |
| High Impact Technology | View profile | 11-50 | Salem, Oregon, United States, North America | https://hit-usa.com |
| Michelin | View profile | 125000 | 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, France, 63000 | https://www.michelin.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| NEI Corporation | View profile | 11-50 | Somerset, New Jersey, United States, North America | https://www.neicorporation.com/ |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
India self-healing materials market size, by product, 2021-2033 (US$M)
India Self-healing Materials Market Outlook Share, 2024 & 2033 (US$M)
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