Polymer chameleons, also called as environmentally-sensitive polymers
or smart polymers, are stimuli-responsive polymers that go through speedy
amendments in their microstructure, caused by various environmental changes.
These polymers are poised for rapid commercialization & adoption across the
industries, particularly, healthcare. The increasing usage of bioengineered
polymeric products that provide high efficiency and high strength to produce
modern hi-tech, end-user materials is likely to augment the market demands
during the forecast period (from 2014 to 2025).
Recent
Application Discoveries for Smart Polymers:
Despite some challenges, research programs & collaborations
between the industry and the R&D community as well as financial support
from both governments & private companies are helping in the industry
develop. Extensive research on the possible applications of polymer chameleon
in various fields, such as pharmaceuticals, implants, molecular separation,
flexible chips, drug delivery, biofilms, etc., is in progress.
Growing importance of smart materials with better lifespan is driving
the usage of polymer chameleons in different industries, such as healthcare.
Research programs for smart polymers in drug delivery products for particular
applications are ongoing in the healthcare industry. They are already executing
and also looking to expand into several other product sectors and industries,
such as personal care.
Challenges
Faced by Technology Developers:
Customization of these polymers as per end-use applications,
scalability, and cost-effective production are the major issues faced by the
technology developers. High raw material prices are another restraint to
commercialization and large-scale uptake.
However, research and strategic collaborations are allowing the
stakeholders increase the scope of these polymers. Designing technology
specific to a particular end application is the best way for a firm to manage
an R&D portfolio.
Market
Overview:
The usage of advanced technologies to create superior products is said
to positively affect the growth of the global market. Factors such as strict
execution of rules by various governing bodies, increased disposable income
levels, and high demand for light-weight & low-fuel combustion automobiles
have augmented the demands for engineered polymeric products. The global polymer
chameleons market is projected to reach USD 1.6 billion
by 2025, as per to a report published by Grand View Research, Inc. Some major
companies operating in the global polymer chameleons market are Autonomic
Materials, Inc.; Evonik Industries AG; E. I. du Pont de Nemours and Company;
BASF SE; and Akzo Nobel N.V.
In-Depth
research report on polymer chameleons market:
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