UK Self-healing Materials Market Size & Outlook, 2023-2030
UK self-healing materials market, 2018-2030 (US$M)
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UK self-healing materials market highlights
- The UK self-healing materials market generated a revenue of USD 132.4 million in 2023 and is expected to reach USD 489.7 million by 2030.
- The UK market is expected to grow at a CAGR of 20.5% 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 132.4 million |
| Market revenue in 2030 | USD 489.7 million |
| Growth rate | 20.5% (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, UK accounted for 6.8% 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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UK 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 28.02% in 2023. Horizon Databook has segmented the UK 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.
Self-healing materials market in the UK is expected to be driven by a strong growth in construction and refurbishment activities in key sectors such as housing, offices, educational institutes, hotels & restaurants, resorts, transport buildings, and online retail warehousing.
However, weakened commercial and industrial activities in the country coupled with uncertainty in the industrial sector due to Brexit may lead to a moderate product demand over the forecast period.
Aerospace and defense industry plays a vital role in the UK’s economy, demonstrating the country’s position as a technological power. With the estimated rise in production rate by 3% in 2018 and new records for aircraft deliveries, the industry is poised for growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK self-healing materials market , including forecasts for subscribers. This country databook contains high-level insights into UK self-healing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK self-healing materials market size, by product, 2018-2030 (US$M)
UK Self-healing Materials Market Outlook Share, 2023 & 2030 (US$M)
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