Smart Polymers Market Size To Hit USD 20.02 Billion By 2025 : Grand View Research Inc.
San Francisco, 9 June 2020: The Report Smart Polymers Market Analysis By Stimulus Type (Physical, Chemical, Biological), By Application (Biomedical & Biotechnology, Automotive, Textile, Electrical & Electronics, Textile, Nuclear Energy) And Segment Forecasts, 2018 - 2025 The global smart polymers market size is expected to reach USD 20.02 billion by 2025, according to a new report by Grand View Research, Inc. Biomedical & biotechnology was the prominent segment and accounted for approximately 45.5% of the overall revenue in 2015. Smart polymers are used widely in the biomedical & biotechnology sector for drug delivery systems, tissue engineering, bioseparation, and biocatalyst. Stimuli-responsive materials undergo various physicochemical changes when they respond to external stimuli such as temperature, pH, chemical ions, enzymes, sound, light, and other factors. Furthermore, these products are not only adaptive to the changes in surroundings but are als