The global Shape Memory Polymer (SMP) market was valued at approximately USD 656.40 million in 2023. This growing segment is expected to experience significant expansion, reaching a projected market size of USD 3129.96 million by 2030. The market is forecast to exhibit a robust compound annual growth rate (CAGR) of 25.00% during the forecast period, which runs from 2023 to 2030.
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