Global Self-Healing Composites Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global self-healing composites market will account to growth at a healthy CAGR during the forecast period of 2019 to 2026.

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Global Self-Healing Composites Market

Self-healing composites are materials that have been produced with the ability of healing themselves, like covering the cracks or filling them. These materials are produced in such a way that whenever a crack on the surface of these materials occur, a molecular reaction takes place which helps in completing the hollow spaces.

Segmentation: Global Self-Healing Composites Market

Global self-healing composites market is segmented on the basis of geography.

By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN SELF-HEALING COMPOSITES MARKET

Increasing levels of innovations and acquisitions adopted by the major players

  • In October 2018, Solvay and European International Council (EIC) hosted an event in Brussles, Belgium on October 16, for start-ups to measure the innovation undergone in advanced materials and composite in consumer goods and next generation mobility.
  • In December 2015, Solvay announced that they had completed the acquisition of Cytec. This acquisition is aimed at expanding and using significant business opportunities in relation to advanced lightweight materials.

Key Market Competitors: Global Self-Healing Composites Market

Few of the major competitors currently working in the self-healing composites market are Solvay, TORAY INDUSTRIES INC., Mitsubishi Chemical Corporation, Hexcel Corporation, HYOSUNG, TEIJIN LIMITED, Owens Corning, PPG Industries Inc., Huntsman International LLC, SGL Carbon SE, Momentive, DuPont, Saint-Gobain, Weyerhaeuser NR Company, Chongqing Polycomp International Corporation and Jushi Group Co. Ltd.

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