Self-healing materials had a global market value that amounted to 130 million U.S. dollars in 2016, and by 2024 it is forecast to increase nearly 30-fold. Self-healing materials have the ability to repair damage without human intervention through built-in microcapsules that break open if the material becomes cracked. The microcapsules release the repairing material, which seals the crack.
Market value of self-healing materials worldwide in 2016 and 2024
(in million U.S. dollars)
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Ameri Research. (May 10, 2017). Market value of self-healing materials worldwide in 2016 and 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1043467/market-value-of-self-healing-materials/
Ameri Research. "Market value of self-healing materials worldwide in 2016 and 2024 (in million U.S. dollars)." Chart. May 10, 2017. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1043467/market-value-of-self-healing-materials/
Ameri Research. (2017). Market value of self-healing materials worldwide in 2016 and 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1043467/market-value-of-self-healing-materials/
Ameri Research. "Market Value of Self-healing Materials Worldwide in 2016 and 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 10 May 2017, https://www.statista.com/statistics/1043467/market-value-of-self-healing-materials/
Ameri Research, Market value of self-healing materials worldwide in 2016 and 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1043467/market-value-of-self-healing-materials/ (last visited December 22, 2024)
Market value of self-healing materials worldwide in 2016 and 2024 (in million U.S. dollars) [Graph], Ameri Research, May 10, 2017. [Online]. Available: https://www.statista.com/statistics/1043467/market-value-of-self-healing-materials/