MRO Magazine

Shape Memory Polymers 2016-2025 – Will Exceed $1.0 Billion By 2021, Going On to Reach $3.4 Billion By 2025 – Research and Markets

July 5, 2016
By Business Wire News


Research and Markets has announced the addition of the “Shape Memory Polymers 2016-2025” report to their offering.

This report assesses the prospects for Shape Memory Polymers (SMPs). SMPs can be deformed, retain this deformation, but then revert to the original shape/configuration upon triggering by an external stimulus. The metallic equivalent of SMPs – Shape Memory Alloys (SMAs) have already been a success and SMPs offer significant advantages over SMAs in terms of low-weight, malleability, low cost and biocompatibility.

As a result, this report has been published to forecast the market for SMPs over the next ten years. The report focuses on four key markets for SMPs – aerospace, automotive, medicine and healthcare and construction – as well niche markets for SMPs in areas such as robotics, textiles and brand protections. For each of these end user markets, the report includes detailed revenue forecasts with breakouts by product types with in each of these markets.

The report also includes a technical chapter in which it discusses the different kinds of plastics that exhibit shape memory effects and discusses which applications each is suited to. There is also a ten-year forecast breaking out the market by SMP material type. This chapter also includes an assessment of manufacturing technologies for SMPs, with a discussion of scalability and cost of the processes involved.

Finally, the report contains profiles of all the leading companies active in SMP space along with a discussion of their evolving strategies.

Key Topics Covered:

Chapter One: Introduction

Chapter Two: Evolution of Shape Memory Polymer Technology

Chapter Three: Shape Memory Polymer Markets in the Automotive Industry

Chapter Four: Shape Memory Polymer Markets in the Aerospace Industry

Chapter Five: Medical and Healthcare Markets for SMPs

Chapter Six: Shape Memory Polymer Applications in the Construction Industry

Chapter Seven: Other Markets for Shape Memory Polymers

Chapter Eight: Companies to Watch in the SMP Space

  • BASF
  • Cornerstone Research Group
  • Covestro
  • EndoShape
  • Evonik
  • MedShape
  • Mitsubishi and SMP Technologies
  • mNemoscience’s Bankruptcy
  • Spintech
  • Syzygy Memory Plastics

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Plastics