North America Self-healing Materials Market Size & Outlook
North America self-healing materials market, 2018-2030 (US$M)
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North America self-healing materials market highlights
- The North America self-healing materials market generated a revenue of USD 504.6 million in 2023.
- The market is expected to grow at a CAGR of 21.6% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 504.6 million |
| Market revenue in 2030 | USD 1,980.8 million |
| Growth rate | 21.6% (CAGR from 2023 to 2030) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 25.9% of the global self-healing materials market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,380.0 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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North America 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 25.9% in 2023. Horizon Databook has segmented the North America 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.
The U.S. dominates North America self-healing materials market, in terms of consumption, owing to the increased demand from residential sector, extensively developed manufacturing industry, and government initiatives to develop social infrastructure. In addition, rising awareness regarding the benefits of product for reduced expenditure on maintenance of building structure is expected to benefit the market growth.
North America is a major consumer of self-healing materials, followed by Europe, owing to increasing demand from end user industries. Initiatives by Government of Mexico to increase foreign direct investments in semiconductor industry is expected to boost the growth of microelectronics manufacturing industry. This is presumed to boost the demand for semiconductor coating, consequently positively affecting the consumption of self-healing materials in North America.
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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 continent-level data and insights on the North America self-healing materials market , including forecasts for subscribers. This continent databook contains high-level insights into North America self-healing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America self-healing materials market size, by country, 2018-2030 (US$M)
North America Self-healing Materials Market Outlook Share, 2023 & 2030 (US$M)
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