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  • Emerging Growth Opportunities For Self-healing Materials (SHMs) in the Automotive Sector
    Future growth potential to reduce maintenance costs and increase components’ lifetime drives market to US$3 billion by 2024

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    Frost & Sullivan provides insights into the use of self-healing materials (SHMs) in the automotive industry specific to cars by defining these materials and listing the types of mechanisms available. This analysis covers SHM application areas in the automotive industry with a timeline for commercialization. The report also compares various competitors and the products and applications they offer specific to the automotive industry, including the advantages and effectiveness of their products’ healing process.

    Overall, the analysis provides information on SHMs for automotive applications. It explores how these materials will affect near-term automotive business models by providing various benefits, such as reduced service and maintenance costs as well as prolonged car component lifetime.

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