Albany, NY -- (SBWIRE) -- 08/18/2016 -- Smart polymers are polymers that change their properties with respect to the environment they are in. These polymers react to external stimuli and adjust to evolving conditions. These polymers experience reversible physical and chemical changes in response to small external stimuli in the natural conditions, for example, temperature, pH, light, magnetic and electric field, ionic components, and biological molecules. These stimuli-sensitive polymers are either synthetic or natural.

Technavios analysts forecast the global smart polymers market to grow at a CAGR of 19.98% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global smart polymers market for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of smart polymer products for applications such as smart drug delivery systems, tissue engineering, textile engineering, and others (oil recovery, cell culture, and protein purification).

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Smart Polymers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
AkzoNobel
Autonomic Materials
Dow Chemical
Huntsman International

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Market driver
Application of shape memory polymer in automotive industry
For a full, detailed list, view our report

Market challenge
Transformations in healthcare industry
For a full, detailed list, view our report

Market trend
Enormous potential in different applications
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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