
The global Shape Memory Polymer market size is predicted to grow from US$ 344 million in 2025 to US$ 571 million in 2031; it is expected to grow at a CAGR of 8.8% from 2025 to 2031.
Shape memory polymers are stimulus-responsive smart materials capable of changing shape in a pre-designed manner under specific external stimulus conditions. In recent years, with the continuous deepening of SMP research and the continuous development of technology, its application fields are also constantly expanding. Shape Memory Polymer has a series of advantages such as low density, large deformation, rich driving methods, and good biocompatibility. It has huge application prospects in aerospace, biomedicine, bionic engineering, electronic components, intelligent robots and other fields. For example, in the field of aerospace, Shape Memory Polymer can be used to make adaptive wings, deployable solar panels, etc.; in the field of biomedicine, SMP can be used to make medical devices, drug carriers, etc.; in the field of bionic engineering, Shape Memory Polymer Polymer can be used to make bionic muscles, bionic sensors, etc. In addition, Shape Memory Polymer also has good processability and repeatability, can be processed through various methods such as injection molding, extrusion molding, 3D printing, etc., and can be used multiple times. These advantages make SMP have broad application prospects in the field of smart materials.
The “Shape Memory Polymer Industry Forecast” looks at past sales and reviews total world Shape Memory Polymer sales in 2024, providing a comprehensive analysis by region and market sector of projected Shape Memory Polymer sales for 2025 through 2031. With Shape Memory Polymer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shape Memory Polymer industry.
This Insight Report provides a comprehensive analysis of the global Shape Memory Polymer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shape Memory Polymer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shape Memory Polymer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shape Memory Polymer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shape Memory Polymer.
This report presents a comprehensive overview, market shares, and growth opportunities of Shape Memory Polymer market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Heat Induced Type
Electro Induced Type
Segmentation by Application:
Automotive
Aerospace
Construction
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BASF
Covestro
EndoShape
Evonik
MedShape
Mitsubishi and SMP Technologies
Spintech
Syzygy Memory Plastics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shape Memory Polymer market?
What factors are driving Shape Memory Polymer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shape Memory Polymer market opportunities vary by end market size?
How does Shape Memory Polymer break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Shape Memory Polymer Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Shape Memory Polymer by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Shape Memory Polymer by Country/Region, 2020, 2024 & 2031
2.2 Shape Memory Polymer Segment by Type
2.2.1 Heat Induced Type
2.2.2 Electro Induced Type
2.3 Shape Memory Polymer Sales by Type
2.3.1 Global Shape Memory Polymer Sales Market Share by Type (2020-2025)
2.3.2 Global Shape Memory Polymer Revenue and Market Share by Type (2020-2025)
2.3.3 Global Shape Memory Polymer Sale Price by Type (2020-2025)
2.4 Shape Memory Polymer Segment by Application
2.4.1 Automotive
2.4.2 Aerospace
2.4.3 Construction
2.5 Shape Memory Polymer Sales by Application
2.5.1 Global Shape Memory Polymer Sale Market Share by Application (2020-2025)
2.5.2 Global Shape Memory Polymer Revenue and Market Share by Application (2020-2025)
2.5.3 Global Shape Memory Polymer Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Shape Memory Polymer Breakdown Data by Company
3.1.1 Global Shape Memory Polymer Annual Sales by Company (2020-2025)
3.1.2 Global Shape Memory Polymer Sales Market Share by Company (2020-2025)
3.2 Global Shape Memory Polymer Annual Revenue by Company (2020-2025)
3.2.1 Global Shape Memory Polymer Revenue by Company (2020-2025)
3.2.2 Global Shape Memory Polymer Revenue Market Share by Company (2020-2025)
3.3 Global Shape Memory Polymer Sale Price by Company
3.4 Key Manufacturers Shape Memory Polymer Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Shape Memory Polymer Product Location Distribution
3.4.2 Players Shape Memory Polymer Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Shape Memory Polymer by Geographic Region
4.1 World Historic Shape Memory Polymer Market Size by Geographic Region (2020-2025)
4.1.1 Global Shape Memory Polymer Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Shape Memory Polymer Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Shape Memory Polymer Market Size by Country/Region (2020-2025)
4.2.1 Global Shape Memory Polymer Annual Sales by Country/Region (2020-2025)
4.2.2 Global Shape Memory Polymer Annual Revenue by Country/Region (2020-2025)
4.3 Americas Shape Memory Polymer Sales Growth
4.4 APAC Shape Memory Polymer Sales Growth
4.5 Europe Shape Memory Polymer Sales Growth
4.6 Middle East & Africa Shape Memory Polymer Sales Growth
5 Americas
5.1 Americas Shape Memory Polymer Sales by Country
5.1.1 Americas Shape Memory Polymer Sales by Country (2020-2025)
5.1.2 Americas Shape Memory Polymer Revenue by Country (2020-2025)
5.2 Americas Shape Memory Polymer Sales by Type (2020-2025)
5.3 Americas Shape Memory Polymer Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Shape Memory Polymer Sales by Region
6.1.1 APAC Shape Memory Polymer Sales by Region (2020-2025)
6.1.2 APAC Shape Memory Polymer Revenue by Region (2020-2025)
6.2 APAC Shape Memory Polymer Sales by Type (2020-2025)
6.3 APAC Shape Memory Polymer Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Shape Memory Polymer by Country
7.1.1 Europe Shape Memory Polymer Sales by Country (2020-2025)
7.1.2 Europe Shape Memory Polymer Revenue by Country (2020-2025)
7.2 Europe Shape Memory Polymer Sales by Type (2020-2025)
7.3 Europe Shape Memory Polymer Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Shape Memory Polymer by Country
8.1.1 Middle East & Africa Shape Memory Polymer Sales by Country (2020-2025)
8.1.2 Middle East & Africa Shape Memory Polymer Revenue by Country (2020-2025)
8.2 Middle East & Africa Shape Memory Polymer Sales by Type (2020-2025)
8.3 Middle East & Africa Shape Memory Polymer Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Shape Memory Polymer
10.3 Manufacturing Process Analysis of Shape Memory Polymer
10.4 Industry Chain Structure of Shape Memory Polymer
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Shape Memory Polymer Distributors
11.3 Shape Memory Polymer Customer
12 World Forecast Review for Shape Memory Polymer by Geographic Region
12.1 Global Shape Memory Polymer Market Size Forecast by Region
12.1.1 Global Shape Memory Polymer Forecast by Region (2026-2031)
12.1.2 Global Shape Memory Polymer Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Shape Memory Polymer Forecast by Type (2026-2031)
12.7 Global Shape Memory Polymer Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 BASF
13.1.1 BASF Company Information
13.1.2 BASF Shape Memory Polymer Product Portfolios and Specifications
13.1.3 BASF Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 BASF Main Business Overview
13.1.5 BASF Latest Developments
13.2 Covestro
13.2.1 Covestro Company Information
13.2.2 Covestro Shape Memory Polymer Product Portfolios and Specifications
13.2.3 Covestro Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Covestro Main Business Overview
13.2.5 Covestro Latest Developments
13.3 EndoShape
13.3.1 EndoShape Company Information
13.3.2 EndoShape Shape Memory Polymer Product Portfolios and Specifications
13.3.3 EndoShape Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 EndoShape Main Business Overview
13.3.5 EndoShape Latest Developments
13.4 Evonik
13.4.1 Evonik Company Information
13.4.2 Evonik Shape Memory Polymer Product Portfolios and Specifications
13.4.3 Evonik Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Evonik Main Business Overview
13.4.5 Evonik Latest Developments
13.5 MedShape
13.5.1 MedShape Company Information
13.5.2 MedShape Shape Memory Polymer Product Portfolios and Specifications
13.5.3 MedShape Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 MedShape Main Business Overview
13.5.5 MedShape Latest Developments
13.6 Mitsubishi and SMP Technologies
13.6.1 Mitsubishi and SMP Technologies Company Information
13.6.2 Mitsubishi and SMP Technologies Shape Memory Polymer Product Portfolios and Specifications
13.6.3 Mitsubishi and SMP Technologies Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Mitsubishi and SMP Technologies Main Business Overview
13.6.5 Mitsubishi and SMP Technologies Latest Developments
13.7 Spintech
13.7.1 Spintech Company Information
13.7.2 Spintech Shape Memory Polymer Product Portfolios and Specifications
13.7.3 Spintech Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Spintech Main Business Overview
13.7.5 Spintech Latest Developments
13.8 Syzygy Memory Plastics
13.8.1 Syzygy Memory Plastics Company Information
13.8.2 Syzygy Memory Plastics Shape Memory Polymer Product Portfolios and Specifications
13.8.3 Syzygy Memory Plastics Shape Memory Polymer Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Syzygy Memory Plastics Main Business Overview
13.8.5 Syzygy Memory Plastics Latest Developments
14 Research Findings and Conclusion
*If Applicable.
