Market Scenario:
Smart polymers are forcing the healthcare researchers for developing novel drug delivery systems in the pharmaceutical sector whose significance is on the rise day by day as such polymers undergo large reversible, physical or chemical changes as compared to various minute changes under the normal environmental conditions such as pH, temperature, light & phase transition and, dual- stimuli. Smart polymers represent a promising way that can be utilized under targeted drug delivery or enhanced drug delivery.
The smart polymers consist of polymers responding in a dramatic way with minute changes in the environment or they can be classified as the plastic material that is highly responsive to any slight change in the environmental factors, therefore known as ‘stimuli responsive polymers’ or ‘intelligent polymers’. They have some unique feature that makes such polymers ‘intelligent of smart’ due to their ability to respond to very slight changes in the surrounding environment. The exclusivity of such polymers lies not only in the quick microscopic structural changes but also such transitions being reversible. The responses are considered as changes in shape, surface characteristics, solubility, formation of an intricate molecular assembly and others.
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Key Players:
Some of the key players in the global Smart Polymers Market include:
• BASF SE
• The Lubrizol Corporation
• The DOW Chemical Company
• Evonik Industries AG
• Merck Group
• Advanced Polymer Materials Inc.
• Spintech LLC
• Akina Inc.
• SMP Technologies Inc.
• NEI Corporation
In terms of pH sensitivity, the polymer with polymer and the polymer with solvent interactions show an abrupt re-adjustment in small ranges of pH or may be in terms of different temperature, and this is translated to a chain transition between extended and compacted coil states. pH sensitive smart polymers are the polymers in which the transition between soluble and insoluble state is made by lowering the net charge of the polymer molecule.
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Market Segments:
The global smart polymers market can be segmented on the basis of type, end user and region.
On the basis of type, the global smart polymers market can be segmented into physical stimuli-responsive polymers, biological stimuli-responsive polymers and chemical stimuli-responsive polymers.
Furthermore, the physical stimuli-responsive polymers are divided into thermo-responsive polymers, photo-responsive polymers, pressure-responsive polymers, electric & magnetic field-responsive polymers. The chemical stimuli-responsive polymers are further segmented into pH-responsive polymers. Also, the biological stimuli-responsive polymers are divided into enzyme-responsive and self- healing polymers.
On the basis of end user the smart polymer market is segmented into, biomedical & biotechnology, textile, electronics, automotive and others.
On the basis of region, the global Smart Polymers market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.
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