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Shape Memory Materials-Global Market Insights and Sales Trends 2024
Synopsis
Shape memory materials (SMMs) are featured by the ability to recover their original shape from a significant and seemingly plastic deformation when a particular stimulus is applied1. This is known as the shape memory effect (SME).
The global Shape Memory Materials market size is expected to reach US$ 22790 million by 2029, growing at a CAGR of 7.3% from 2023 to 2029. The market is mainly driven by the significant applications of Shape Memory Materials in various end use industries. The expanding demands from the Aerospace, Automotive, Robotics and Healthcare & Medical, are propelling Shape Memory Materials market. Alloy Material, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polymer Material segment is estimated at % CAGR for the next seven-year period.
Shape memory materials are widely used in medical devices owing to their properties and biocompatibility. Some of these applications include stents, drug delivery, and embolization, wound closure, etc. The medical industry across the globe is increasing at a significant rate owing to the technological advancements and preference towards quality based medical treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shape Memory Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shape Memory Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shape Memory Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shape Memory Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shape Memory Materials covered in this report include BASF, Evonik Industries, Johnson Matthey, Covestro AG, Dynalloy, Memry Corporation, Spintech LLC, Fort Wayne Metals and SMP Technologies, etc.
The global Shape Memory Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Evonik Industries
Johnson Matthey
Covestro AG
Dynalloy
Memry Corporation
Spintech LLC
Fort Wayne Metals
SMP Technologies
SAES Getters
Nippon Steel & Sumitomo Metals
Xi'An Saite Metal Materials
Global Shape Memory Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shape Memory Materials market, Segment by Type:
Alloy Material
Polymer Material
Others
Global Shape Memory Materials market, by Application
Aerospace
Automotive
Robotics
Healthcare & Medical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shape Memory Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shape Memory Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Shape memory materials (SMMs) are featured by the ability to recover their original shape from a significant and seemingly plastic deformation when a particular stimulus is applied1. This is known as the shape memory effect (SME).
The global Shape Memory Materials market size is expected to reach US$ 22790 million by 2029, growing at a CAGR of 7.3% from 2023 to 2029. The market is mainly driven by the significant applications of Shape Memory Materials in various end use industries. The expanding demands from the Aerospace, Automotive, Robotics and Healthcare & Medical, are propelling Shape Memory Materials market. Alloy Material, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polymer Material segment is estimated at % CAGR for the next seven-year period.
Shape memory materials are widely used in medical devices owing to their properties and biocompatibility. Some of these applications include stents, drug delivery, and embolization, wound closure, etc. The medical industry across the globe is increasing at a significant rate owing to the technological advancements and preference towards quality based medical treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shape Memory Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shape Memory Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shape Memory Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shape Memory Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shape Memory Materials covered in this report include BASF, Evonik Industries, Johnson Matthey, Covestro AG, Dynalloy, Memry Corporation, Spintech LLC, Fort Wayne Metals and SMP Technologies, etc.
The global Shape Memory Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Evonik Industries
Johnson Matthey
Covestro AG
Dynalloy
Memry Corporation
Spintech LLC
Fort Wayne Metals
SMP Technologies
SAES Getters
Nippon Steel & Sumitomo Metals
Xi'An Saite Metal Materials
Global Shape Memory Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shape Memory Materials market, Segment by Type:
Alloy Material
Polymer Material
Others
Global Shape Memory Materials market, by Application
Aerospace
Automotive
Robotics
Healthcare & Medical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shape Memory Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shape Memory Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Shape Memory Materials Market Overview
1.1 Shape Memory Materials Product Overview
1.2 Shape Memory Materials Market Segment by Type
1.2.1 Alloy Material
1.2.2 Polymer Material
1.2.3 Others
1.3 Global Shape Memory Materials Market Size by Type
1.3.1 Global Shape Memory Materials Market Size Overview by Type (2018-2029)
1.3.2 Global Shape Memory Materials Historic Market Size Review by Type (2018-2023)
1.3.3 Global Shape Memory Materials Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Shape Memory Materials Sales Breakdown by Type (2018-2023)
1.4.2 Europe Shape Memory Materials Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Shape Memory Materials Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Shape Memory Materials Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Shape Memory Materials Sales Breakdown by Type (2018-2023)
2 Global Shape Memory Materials Market Competition by Company
2.1 Global Top Players by Shape Memory Materials Sales (2018-2023)
2.2 Global Top Players by Shape Memory Materials Revenue (2018-2023)
2.3 Global Top Players by Shape Memory Materials Price (2018-2023)
2.4 Global Top Manufacturers Shape Memory Materials Manufacturing Base Distribution, Sales Area, Product Type
2.5 Shape Memory Materials Market Competitive Situation and Trends
2.5.1 Shape Memory Materials Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Shape Memory Materials Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shape Memory Materials as of 2022)
2.7 Date of Key Manufacturers Enter into Shape Memory Materials Market
2.8 Key Manufacturers Shape Memory Materials Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Shape Memory Materials Status and Outlook by Region
3.1 Global Shape Memory Materials Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Shape Memory Materials Historic Market Size by Region
3.2.1 Global Shape Memory Materials Sales in Volume by Region (2018-2023)
3.2.2 Global Shape Memory Materials Sales in Value by Region (2018-2023)
3.2.3 Global Shape Memory Materials Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Shape Memory Materials Forecasted Market Size by Region
3.3.1 Global Shape Memory Materials Sales in Volume by Region (2024-2029)
3.3.2 Global Shape Memory Materials Sales in Value by Region (2024-2029)
3.3.3 Global Shape Memory Materials Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Shape Memory Materials by Application
4.1 Shape Memory Materials Market Segment by Application
4.1.1 Aerospace
4.1.2 Automotive
4.1.3 Robotics
4.1.4 Healthcare & Medical
4.1.5 Others
4.2 Global Shape Memory Materials Market Size by Application
4.2.1 Global Shape Memory Materials Market Size Overview by Application (2018-2029)
4.2.2 Global Shape Memory Materials Historic Market Size Review by Application (2018-2023)
4.2.3 Global Shape Memory Materials Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Shape Memory Materials Sales Breakdown by Application (2018-2023)
4.3.2 Europe Shape Memory Materials Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Shape Memory Materials Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Shape Memory Materials Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Shape Memory Materials Sales Breakdown by Application (2018-2023)
5 North America Shape Memory Materials by Country
5.1 North America Shape Memory Materials Historic Market Size by Country
5.1.1 North America Shape Memory Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Shape Memory Materials Sales in Volume by Country (2018-2023)
5.1.3 North America Shape Memory Materials Sales in Value by Country (2018-2023)
5.2 North America Shape Memory Materials Forecasted Market Size by Country
5.2.1 North America Shape Memory Materials Sales in Volume by Country (2024-2029)
5.2.2 North America Shape Memory Materials Sales in Value by Country (2024-2029)
6 Europe Shape Memory Materials by Country
6.1 Europe Shape Memory Materials Historic Market Size by Country
6.1.1 Europe Shape Memory Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Shape Memory Materials Sales in Volume by Country (2018-2023)
6.1.3 Europe Shape Memory Materials Sales in Value by Country (2018-2023)
6.2 Europe Shape Memory Materials Forecasted Market Size by Country
6.2.1 Europe Shape Memory Materials Sales in Volume by Country (2024-2029)
6.2.2 Europe Shape Memory Materials Sales in Value by Country (2024-2029)
7 Asia-Pacific Shape Memory Materials by Region
7.1 Asia-Pacific Shape Memory Materials Historic Market Size by Region
7.1.1 Asia-Pacific Shape Memory Materials Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Shape Memory Materials Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Shape Memory Materials Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Shape Memory Materials Forecasted Market Size by Region
7.2.1 Asia-Pacific Shape Memory Materials Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Shape Memory Materials Sales in Value by Region (2024-2029)
8 Latin America Shape Memory Materials by Country
8.1 Latin America Shape Memory Materials Historic Market Size by Country
8.1.1 Latin America Shape Memory Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Shape Memory Materials Sales in Volume by Country (2018-2023)
8.1.3 Latin America Shape Memory Materials Sales in Value by Country (2018-2023)
8.2 Latin America Shape Memory Materials Forecasted Market Size by Country
8.2.1 Latin America Shape Memory Materials Sales in Volume by Country (2024-2029)
8.2.2 Latin America Shape Memory Materials Sales in Value by Country (2024-2029)
9 Middle East and Africa Shape Memory Materials by Country
9.1 Middle East and Africa Shape Memory Materials Historic Market Size by Country
9.1.1 Middle East and Africa Shape Memory Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Shape Memory Materials Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Shape Memory Materials Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Shape Memory Materials Forecasted Market Size by Country
9.2.1 Middle East and Africa Shape Memory Materials Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Shape Memory Materials Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Shape Memory Materials Products Offered
10.1.5 BASF Recent Development
10.2 Evonik Industries
10.2.1 Evonik Industries Company Information
10.2.2 Evonik Industries Introduction and Business Overview
10.2.3 Evonik Industries Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Evonik Industries Shape Memory Materials Products Offered
10.2.5 Evonik Industries Recent Development
10.3 Johnson Matthey
10.3.1 Johnson Matthey Company Information
10.3.2 Johnson Matthey Introduction and Business Overview
10.3.3 Johnson Matthey Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Johnson Matthey Shape Memory Materials Products Offered
10.3.5 Johnson Matthey Recent Development
10.4 Covestro AG
10.4.1 Covestro AG Company Information
10.4.2 Covestro AG Introduction and Business Overview
10.4.3 Covestro AG Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Covestro AG Shape Memory Materials Products Offered
10.4.5 Covestro AG Recent Development
10.5 Dynalloy
10.5.1 Dynalloy Company Information
10.5.2 Dynalloy Introduction and Business Overview
10.5.3 Dynalloy Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Dynalloy Shape Memory Materials Products Offered
10.5.5 Dynalloy Recent Development
10.6 Memry Corporation
10.6.1 Memry Corporation Company Information
10.6.2 Memry Corporation Introduction and Business Overview
10.6.3 Memry Corporation Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Memry Corporation Shape Memory Materials Products Offered
10.6.5 Memry Corporation Recent Development
10.7 Spintech LLC
10.7.1 Spintech LLC Company Information
10.7.2 Spintech LLC Introduction and Business Overview
10.7.3 Spintech LLC Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Spintech LLC Shape Memory Materials Products Offered
10.7.5 Spintech LLC Recent Development
10.8 Fort Wayne Metals
10.8.1 Fort Wayne Metals Company Information
10.8.2 Fort Wayne Metals Introduction and Business Overview
10.8.3 Fort Wayne Metals Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Fort Wayne Metals Shape Memory Materials Products Offered
10.8.5 Fort Wayne Metals Recent Development
10.9 SMP Technologies
10.9.1 SMP Technologies Company Information
10.9.2 SMP Technologies Introduction and Business Overview
10.9.3 SMP Technologies Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.9.4 SMP Technologies Shape Memory Materials Products Offered
10.9.5 SMP Technologies Recent Development
10.10 SAES Getters
10.10.1 SAES Getters Company Information
10.10.2 SAES Getters Introduction and Business Overview
10.10.3 SAES Getters Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SAES Getters Shape Memory Materials Products Offered
10.10.5 SAES Getters Recent Development
10.11 Nippon Steel & Sumitomo Metals
10.11.1 Nippon Steel & Sumitomo Metals Company Information
10.11.2 Nippon Steel & Sumitomo Metals Introduction and Business Overview
10.11.3 Nippon Steel & Sumitomo Metals Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Nippon Steel & Sumitomo Metals Shape Memory Materials Products Offered
10.11.5 Nippon Steel & Sumitomo Metals Recent Development
10.12 Xi'An Saite Metal Materials
10.12.1 Xi'An Saite Metal Materials Company Information
10.12.2 Xi'An Saite Metal Materials Introduction and Business Overview
10.12.3 Xi'An Saite Metal Materials Shape Memory Materials Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Xi'An Saite Metal Materials Shape Memory Materials Products Offered
10.12.5 Xi'An Saite Metal Materials Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Shape Memory Materials Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Shape Memory Materials Industrial Chain Analysis
11.4 Shape Memory Materials Market Dynamics
11.4.1 Shape Memory Materials Industry Trends
11.4.2 Shape Memory Materials Market Drivers
11.4.3 Shape Memory Materials Market Challenges
11.4.4 Shape Memory Materials Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Shape Memory Materials Distributors
12.3 Shape Memory Materials Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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