Self-Healing Materials Market share by applications and regions for 2018-2024 End-user industries to the Self-healing Materials Market are construction works, automotive industry, aviation and aerospace, electronics sector, energy generation, military, and healthcare. Self-healing materials market is categorized into self-healing coatings, polymers & elastomers, biomaterials, metals, fiber-reinforced composites, asphalt etc., on the basis of product types. Global Self-Healing Materials Market size is witnessing an increasing demand in construction, automobiles and electronics industries. The market is likely to grow with a moderate CAGR in the period of 2017-2024. These materials autonomously repair the damage thereby extending their life spans.
Material aging and deterioration are the major challenges faced by the global construction industry. Self-healing plastics have a huge scope in the aerospace and aviation industries. These are the key factors for growth of self-healing materials demand in the near future, as they pose as a remedy to save the maintenance and replacement costs to a great extent in long run.
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