Smart Polymers Market 2021- Trend, Business Growth, Pre and Post COVID-19 Analysis, Competitors, Revenue, Size, Share, Major Challenges, PEST analysis and Forecast Details for 2027
The characteristics of polymers which are determined by a change in environment factors such as pH, temperature, and others are known as smart polymers. They are also called stimuli response polymers or intelligent materials. These polymers are strong, resilient, durable, ecofriendly and reliable nature. Owing to these attributes, they are used in various applications such as biotechnology and medicine, drug delivery systems, and others. The Global Smart Polymers Market has been driven by the growing demand of physical stimuli responsive polymers in heavy end industries. Moreover, it is estimated that the market is set to witness a higher growth due to an increase in the number of manufacturing units to produce intelligent materials in automotive, chemical and construction industries. Competitive Analysis: Some of the major players functioning in the Global Smart Polymers Market are BASF SE (Germany), The Lubrizol Corporation (the U.S.), Spintech LLC (the U.S.), Akina, Inc