Self-Healing Materials Market
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REPORT DESCRIPTION<br />
<strong>Self</strong>-<strong>Healing</strong> <strong>Materials</strong> <strong>Market</strong> Outlook<br />
In North America, the U.S. is the largest market for self-healing materials. The demand for self-healing materials<br />
in this region is due to the growing use of self-healing materials in various end-user industries such as aerospace<br />
and automotive. The presence of major players in North America such as Arkema Inc. and others are projected to<br />
result in developments of self-healing materials, supporting high growth in the market. For instance, Arkema Inc.<br />
collaborations with university and government laboratories helped Arkema to develop self-healing material<br />
products such as Reverlink in 2010. North America is the largest market for cladding systems in burgeoning<br />
construction industry is also one of the driving factors for the self-healing materials market to strive in the US<br />
market. Moreover, the Trump government promises of change in public infrastructure and the New Building<br />
Canada Fund commitment towards sanctioning of US$ 10 billion over a 10-year period i.e. 2014-2024, to build<br />
public infrastructure. This factors are expected to propel the growth of the self-healing materials market in North<br />
America.<br />
The Asia-Pacific region is expected to be the fastest growing market for self-healing materials. The ever<br />
increasing industrial development rates, condensed population in cities, and escalating funds in the automobile<br />
and electrical sectors, are the driving forces that augment vigorous regional growth of this market.<br />
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