Global Shape Memory Polymer Market Size & Outlook
Global shape memory polymer market, 2018-2030 (US$M)
Related Markets
Global shape memory polymer market highlights
- The global shape memory polymer market generated a revenue of USD 1,098.2 million in 2023 and is expected to reach USD 4,771.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 23.4% by 2030.
- In terms of segment, polyurethane (pu) accounted for a revenue of USD 643.0 million in 2023.
- Polyurethane (PU) is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,098.2 million |
| Market revenue in 2030 | USD 4,771.5 million |
| Growth rate | 23.4% (CAGR from 2023 to 2030) |
| Largest segment | Polyurethane (pu) |
| Fastest growing segment | Polyurethane (PU) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyurethane (PU), Epoxy, Polylactide (PLA) |
Other key industry trends
- In terms of revenue, the North America accounted for 30.3% of the global shape memory polymer market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 17.4 million by 2030.
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Shape Memory Polymer Market Scope
Shape Memory Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global shape memory polymer 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 shape memory polymer market will help companies and investors design strategic landscapes.
Polyurethane (pu) was the largest segment with a revenue share of 58.55% in 2023. Horizon Databook has segmented the Global shape memory polymer market based on polyurethane (pu), epoxy, polylactide (pla) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Shape Memory Polymer Material Outlook (Revenue, USD Million, 2018-2030)
- Polyurethane (PU)
- Epoxy
- Polylactide (PLA)
- Others
- Global Shape Memory Polymer End Use Outlook (Revenue, USD Million, 2018-2030)
- Medical
- Automotive
- Textile
- Aerospace
- Construction
- Others
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Our clientele includes a mix of shape memory polymer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global shape memory polymer market , including forecasts for subscribers. This global databook contains high-level insights into Global shape memory polymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global shape memory polymer market size, by regions, 2018-2030 (US$M)
Top 10 countries: Shape memory polymer market size, 2023 (US$M)
Global shape memory polymer market share, by material, 2023 & 2030 (%, US$M)
Shape memory polymer market: Opportunity assessment by country
Global shape memory polymer market, by region, 2023 (US$M)
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