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The Global Market for Shape Memory Materials 2023-2033

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    Report

  • 105 Pages
  • August 2022
  • Region: Global
  • Future Markets, Inc
  • ID: 4833548

Shape memory materials are a widely-investigated class of smart materials capable of changing from one predetermined shape to another in response to a stimulus. The demand for structures capable of autonomously adapting their shape according to specific varying conditions has led to the development of shape memory materials such as Shape Memory Alloys (SMA) and Shape Memory Polymers (SMP).

Shape Memory Alloys (SMA) are able to recover their initial shape after deformation has occurred when subjected to particular thermal conditions. They possess superelastic behaviour, which allows large deformations with limited or no residual strain, and a high power-to-weight ratio.  Other properties include biocompatibility, high corrosion resistance, high wear resistance and high anti-fatigue.

SMAs are used in couplings, actuators and smart materials and are particularly suitable for adaptive structures in electrical components, construction, robotics, aerospace and automotive industries. Systems based on SMA actuators are already in use in valves and drives, where they offer lightweight, solid-state options to habitual actuators such as hydraulic, pneumatic and motor-based systems.

SMA is used in many other applications such as medical, controllers for hot water valves in showers, petroleum industry, vibration dampers, ball bearings, sensors, miniature grippers, microvalves, pumps, landing gears, eyeglass frames, material for helicopter blades, sprinklers in fine alarm systems, packaging devices for electronic materials, dental materials, etc. Cambridge Mechatronics Ltd (CML) Shape Memory Alloy (SMA) actuator is being utilized in Xiaomi’s newly launched foldable handset, the Mix Fold 2. The medical market for NiTinol is a multi-million dollar market.

Shape memory polymers (SMPs) are programmable (multi)stimuli-responsive polymers that change shape and stiffness through a thermal transition such as a glass transition. SMPs can recover their initial shape upon direct or Joule heating, radiation and laser heating, microwaves, pressure, moisture, solvent or solvent vapours and change in the pH values. Shape-memory polymers differ from SMAs by their glass transition or melting transition from a hard to a soft phase which is responsible for the shape-memory effect. In shape-memory alloys, martensitic/austenitic transitions are responsible for the shape-memory effect. There are numerous advantages that make SMPs more attractive than shape memory alloys; however, there are also significant disadvantages. Applications of SMPs include smart textiles, medical devices, heat shrinkable packages for electronics, light-weight morphing structures, tunable damping structures and micro-actuators in unmanned aerial vehicles (UAVs). 

The Global Market for Shape Memory Materials 2023-2033 includes:

  • Applications and markets for shape memory alloys and shape memory polymers.
  • Analysis of shape memory materials by types and properties.
  • Patent analysis.
  • Assessment of economic prospects of the market for shape memory materials.
  • Market trends impacting the market for shape memory materials.
  • Main applications and markets for shape memory materials. Markets covered include biomedical, actuators across multiple markets, electronics, consumer goods, construction, tires, textiles, aerospace, soft robotics, automotive etc.
  • Shape memory market demand forecast (revenues), by type, market and region. Historical data 2015-2021, and market estimates to 2033.
  • Shape memory materials producer profiles. Companies profiled include Awaji Materia Co., Ltd., Cambridge Smart Plastics, Dynalloy, Inc., Furukawa Electric Group, Maruho Hatsujyo Kogyo Co., Ltd., Nippon, re-fer AG, SAES Group (Memry Corporation), The Smart Tire Company, VenoStent etc..

Table of Contents

1 RESEARCH SCOPE AND METHODOLOGY
1.1 Report scope
1.2 Research methodology

2 EXECUTIVE SUMMARY
2.1 Market drivers
2.2 Markets and applications including TRL
2.3 Market challenges

3 TYPES OF SHAPE MEMORY MATERIALS
3.1 SHAPE MEMORY ALLOYS (SMA)
3.1.1 Shape memory effect
3.1.2 Pseudoelasticity (superelasticity)
3.1.3 Properties of SMAs
3.1.4 Nickel-Titanium (Ni-Ti) alloys
3.1.4.1 Properties
3.1.4.2 Commercialization
3.1.5 Copper-based SMAs
3.1.6 Iron-based SMAs
3.1.7 Hardened high temperature shape memory alloys (HTSMAs)
3.1.8 Titanium-Tantalum (Ti-Ta)-based alloys
3.1.9 SMA actuators
3.1.10 3D printed shape memory alloys
3.1.11 SMA smart foam
3.2 SHAPE MEMORY POLYMERS (SMP)
3.2.1 Shape memory polyurethane (SMPU)
3.2.2 Shape memory hydrogels (SMH)
3.2.2.1 Tough shape memory hydrogels
3.2.2.2 Triple-/multi-shape memory hydrogels
3.2.2.3 Multifunctional shape memory hydrogels
3.2.2.4 Stimuli-responsive hydrogel actuators
3.2.3 Nanofibers SMPs
3.2.4 Carbon nanotubes SMPs
3.3 SHAPE MEMORY CERAMICS (SMC)

4 SHAPE MEMORY PATENTING
5 SHAPE MEMORY MATERIALS MARKETS AND APPLICATIONS
5.1 MEDICAL, HEALTCHCARE AND DENTAL
5.1.1 Stents
5.1.2 Orthodontic archwires
5.1.3 Ablation devices
5.1.4 Orthopaedic staples
5.1.5 Prosthetics
5.1.6 Sutures
5.1.7 Tissue engineering
5.1.8 Insulin Pump
5.1.9 Rehabilitation
5.2 ELECTRONICS
5.2.1 Flexible electronics
5.2.2 Displays
5.2.3 Smartphone camera actuators
5.2.4 Electrical appliances
5.3 CONSUMER GOODS
5.3.1 Eyeglass frames
5.3.2 Home appliances
5.4 CONSTRUCTION
5.4.1 Vibration damping
5.4.2 Memory steel
5.5 AVIATION AND AEROSPACE
5.5.1 SMA actuators
5.5.1.1 Unmanned aerial vehicles (UAVs)
5.5.2 Shape memory tires
5.5.3 SMA composites
5.6 TEXTILES
5.6.1 Medical textiles
5.6.2 Breathable fabrics
5.6.3 Energy-storage textiles for wearables
5.7 AUTOMOTIVE
5.7.1 SMA actuators
5.7.2 SMA valves
5.7.3 Autonomous vehicles
5.7.4 Tires
5.8 ROBOTICS
5.9 FILTRATION
5.9.1 Medical filters
5.9.2 Other filters
5.10 ANTI-COUNTERFEITING AND SECURITY
5.11 OTHER MARKETS

6 GLOBAL REVENUES AND REGIONAL MARKETS
6.1 Global market to 2033, by market (USD)
6.2 Global market to 2033, by region

7 SHAPE MEMORY COMPANY PROFILES (49 company profiles)8 REFERENCES
List of Tables
Table 1. Market drivers for the use of shape memory materials
Table 2. Applications and market for shape memory materials
Table 3. Market challenges for shape memory materials
Table 4. Types of shape memory alloys-advantages and disadvantages
Table 5. Phase transformation temperature ranges of commercially available SMAs
Table 6. Physical properties of NiTi
Table 7. Shape memory alloy nitinol components
Table 8. Wire material, Elastic limit, Elasticity modulus (E)
Table 9. Properties of copper-based shape memory alloys
Table 10. Comparison between the SMAs and SMPs
Table 11. Markets and applications of SMPU
Table 12. Applications of shape memory materials in biomedical and stage of development
Table 13. Commercially available NiTi archwires
Table 14. Commercially available SMA orthopaedic staples
Table 15. SMP self-tightening sutures
Table 16. Applications of shape memory materials in electronics and stage of development
Table 17. Applications of shape memory materials in consumer goods and stage of development
Table 18. Applications of shape memory materials in home appliances
Table 19. Applications of shape memory materials in construction and stage of development
Table 20. Applications of shape memory materials in aviation and aerospace and stage of development
Table 21. Applications of shape memory materials in textiles and stage of development
Table 22. Applications of shape memory materials in automotive and stage of development
Table 23. Range of SMA applications in the automotive sector
Table 24. SMAs medical filter products
Table 25. Other markets for shape memory materials and applications
Table 26. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2033, conservative estimate
Table 27. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2030, high estimate
Table 28. Global market for shape memory materials, by region, revenues (Millions USD) 2014-2033, conservative estimate

List of Figures
Figure 1. Phase transformation process for SMAs
Figure 2. Histeresys cycle for Superelastic and shape memory material
Figure 3. Shape memory effect
Figure 4. Superelasticity Elastic Property
Figure 5. Stress x Strain diagram
Figure 6. Shape memory pipe joint
Figure 7. The molecular mechanism of the shape memory effect under different stimuli
Figure 8. Diaplex's environmental temperature adaptation features
Figure 9. Stent based on film polyurethane shape memory polymer
Figure 10. Shape memory hydrgogel
Figure 11. Shape memory alloy patent applications 1994-2021
Figure 12. Shape memory polymer patent applications 1994-2021
Figure 13. Schematic of stent used to treat a peripheral artery
Figure 14. Nitinol stent products and manufacturers
Figure 15. SMA orthodontic wires
Figure 16: Self-healing shape memory polymer patent schematic
Figure 17. Schematic of SMA actuator in image sensor
Figure 18. Xiaomi Mix Fold 2 incorporating CML's SMA technology
Figure 19. SMA incorporated into eyeglass frames
Figure 20. Combination faucet incorporating SMA
Figure 21. SMA temperature spring in rice cooker
Figure 22. Memory-steel reinforcement bars
Figure 23. NASA superelastic tire
Figure 24. SMA flextures
Figure 25. SMPU-treated cotton fabrics
Figure 26. Schematics of DIAPLEX membrane
Figure 27. SMP energy storage textiles
Figure 28. SMA applications in the automotive sector
Figure 29. Pneumatic valve to inflate and deflate cushions in car seats
Figure 30. Shape memory alloys in soft robotics
Figure 31. SMP in anti-counterfeiting
Figure 32. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2030, high estimate
Figure 33. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2030, high estimate
Figure 34. Superelastic Tire
Figure 35. MMM Process

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Admedes Schuessler GmbH
  • Awaji Materia Co., Ltd
  • Alfmeier Präzision AG
  • Allegheny Technologies Incorporated (ATI)
  • Acquandas GmbH
  • Cambridge Smart Plastics
  • Cambridge Mechatronics Limited
  • Composite Technology Development, Inc
  • Confluent Medical Technologies Inc
  • Cornerstone Research Group, Inc
  • Covestro AG
  • Daido Steel Co., Ltd
  • DuPont de Nemours, Inc
  • Dynalloy, Inc
  • ETO MAGNETIC GmbH
  • Euroflex GmbH
  • Exergyn
  • Fort Wayne Metals Research Products Corp
  • G.RAU GmbH
  • Furukawa Techno Material Co., Ltd
  • Goodfellow Corporation
  • Grikin Advanced Material Co., Ltd
  • Furukawa Techno Material Co., Ltd
  • Ingpuls GmbH
  • Johnson Matthey plc
  • Lanzhou Seemine Shape Memory Alloy Co. Ltd
  • Lubrizol Advanced Materials
  • Maruho Hatsujyo Kogyo Co., Ltd
  • Medshape, Inc
  • Mementis GmbH
  • Nippon Mektron Ltd
  • Nippon Steel Corp
  • Norland Products, Inc
  • Piolax, Inc
  • re-fer AG
  • Shanghai Shape Memory Alloy Co. Ltd
  • Shape Change Technologies LLC
  • Shape Memory Medical, Inc
  • SAES Getters S.p.A
  • The SMART Tire Company
  • SMP Technologies Inc
  • Smarter Alloys Inc
  • Solvay SA
  • Spintech LLC
  • Sun Co. Tracking
  • TiNi Aerospace, Inc./Ensign-Bickford Industries
  • Toray Advanced Materials Korea, Inc
  • 2SMArtEST Srl
  • VenoStent, Inc

Methodology

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