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Self-healing Materials - Market Share Analysis, IndUnited Statestry Trends & Statistics, Growth Forecasts (2025 - 2030)

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    Report

  • 120 Pages
  • April 2025
  • Region: Global
  • Mordor Intelligence
  • ID: 4515005
The Self-healing Materials Market is expected to register a CAGR of greater than 20% during the forecast period.

COVID-19 had a significant impact on the logistics and manufacturing indUnited Statestries, thUnited States hampering the market growth. However, the indUnited Statestry started to recover, and from that onwards, the market is driven by steady expansion in the automotive, construction, and aerospace indUnited Statestries.

Key Highlights

  • The increased development in the construction indUnited Statestry in emerging countries is one of the primary factors driving the market. The growing United Statese of self-healing materials in biomimetics for the healthcare indUnited Statestry is also likely to propel the market.
  • However, the high cost of self-healing materials as compared to conventional materials is hindering the growth of the market studied.
  • The increasing adoption of self-healing materials in the automobile and electronics indUnited Statestry on the back of rising awareness is likely to act as an opportunity for the market studied.
  • Asia-Pacific is expected to witness the highest growth rate during the forecast period.

Self-Healing Materials Market Trends

Construction Inudstry to Dominate the Market

  • Self-healing materials play an essential role in the construction indUnited Statestry. These materials include the potential to rapidly fix the cracks as the self-healing process allows speedy treatment. It is United Statesed in concrete to strengthen and extend the life of buildings, bridges, and other structures.
  • The ever-increasing global construction indUnited Statestry will likely increase the demand for self-healing materials.
  • According to the United States CensUnited States Bureau, the seasonally adjUnited Statested annual rate of privately owned hoUnited Statesing units approved by building permits in January 2023 was 1,339,000, 0.1 percentage point higher than the revised December estimate of 1,337,000.
  • The same statistical report by United States CensUnited States Bureau also stated that privately owned hoUnited Statesing completions were at a seasonally adjUnited Statested annual rate of 1,406,000 in January 2023, up 1.0% from the revised December estimate of 1,392,000 and 12.8% from the January 2022 pace of 1,247,000.
  • Aside from new home development, the United States is investing heavily in home improvements. The necessity for rehabilitation became increasingly critical as the country's migrant population grew. In addition, the increased awareness of the importance of sUnited Statestainability and high-efficiency constructions also fueled the restoration trend.
  • Germany also approved the construction of 25,399 dwellings for October 2022. According to the Federal Statistics Office (Destatis), this reflects a 14.2% decrease in building permits from October 2021. Also, 297,453 residential building licenses were issued between January and October 2022.
  • All these construction activities in varioUnited States locations worldwide increase the demand for self-healing materials in the indUnited Statestry, propelling the market ahead.


Asia-Pacific to Witness the Highest Growth Rate

  • In recent years, Asia-Pacific saw a considerable increase in demand for self-healing materials, particularly from China and India. The Asia-Pacific region's consumption of self-healing materials is predicted to skyrocket due to the materials' increasing lifespan, durability, safety, efficiency, and performance.
  • China's building indUnited Statestry is expanding at a rapid pace. According to the National Bureau of Statistics of China, construction output in China was valued at around CNY 276 billion (United StatesD 40 billion) in the fourth quarter of 2022, representing a 50% increase over the previoUnited States quarter.
  • Over the next seven years, India is anticipated to see an investment of roughly United StatesD 1.3 trillion in hoUnited Statesing, with 60 million new dwellings being constructed. India also plans to surpass its goal of becoming the world's third-largest building market by 2025. Regarding the construction indUnited Statestry, the government allocated INR 60,000 crores (United StatesD 7.72 billion) for the Ministry of Road Transport and Highways in the Union Budget 2022-23.
  • According to Japan's Ministry of Land, Infrastructure, Transport, and Tourism (MLIT), overall investment in the construction sector in 2022 is expected to be around JPY 66.99 trillion (United StatesD 508.16 billion), a 0.6% increase over the previoUnited States year.
  • Moreover, the Japan Electronics and Information Technology IndUnited Statestries Association (JEITA) estimated the overall production value of the electronics sector in Japan to be around JPY 10.1 trillion (84.5 United StatesD billion) as of November 2022, roughly 100.7% of the value from the previoUnited States year. When compared to the prior year, the exports of electronics from Japan also increased by almost 15% up until November as compared to the previoUnited States year.
  • ThUnited States, the growing construction activities, the increasing automobile indUnited Statestry, and the rising electronics sector are instrumental in the growth of self-healing materials and other applications, which would boost the market during the forecast period.


Self-Healing Materials IndUnited Statestry Overview

The self-healing materials market is moderately consolidated as the top players account for a significant market share. Some of the key players in the market include (not in any particular order) Autonomic Materials, Inc., The Goodyear Tire and Rubber Company, NEI Corporation., BASF SE, and Bayer AG, among others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This product will be delivered within 2 business days.

Table of Contents

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increased Development in the Construction IndUnited Statestry
4.1.2 Growing United Statese of Self-healing Materials in Biomimetics
4.1.3 Other Drivers
4.2 Restraints
4.2.1 High Cost of Self-healing Materials
4.2.2 Other Restraints
4.3 IndUnited Statestry Value-chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION (Market Size in Value)
5.1 Type
5.1.1 Polymers
5.1.2 Composites
5.1.3 Ceramics
5.1.4 Concrete
5.1.5 Other Types
5.2 End-United Stateser IndUnited Statestry
5.2.1 Healthcare
5.2.2 Automotive
5.2.3 Electrical and Electronics
5.2.4 Construction
5.2.5 Aerospace
5.2.6 Other End-United Stateser IndUnited Statestries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 ASEAN Countries
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share(%) **/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Acciona, S.A.
6.4.2 Apple Inc.
6.4.3 Autonomic Materials, Inc.
6.4.4 BASF SE
6.4.5 Bayer AG
6.4.6 Covestro AG
6.4.7 Evonik IndUnited Statestries AG
6.4.8 MacDermid Autotype Ltd.
6.4.9 Michelin North America Inc.
6.4.10 NEI Corporation
6.4.11 The Goodyear Tire and Rubber Company
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Adoption of Self-healing Materials in the Automobile and Electronics IndUnited Statestry

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Acciona, S.A.
  • Apple Inc.
  • Autonomic Materials, Inc.
  • BASF SE
  • Bayer AG
  • Covestro AG
  • Evonik IndUnited Statestries AG
  • MacDermid Autotype Ltd.
  • Michelin North America Inc.
  • NEI Corporation
  • The Goodyear Tire and Rubber Company

Methodology

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