Self-healing materials global market value 2016 and 2024
Self-healing materials had a global market value that amounted to 130 million U.S. dollars in 2016, and by 2024 it is forecast to increase nearly 30-fold. Self-healing materials have the ability to repair damage without human intervention through built-in microcapsules that break open if the material becomes cracked. The microcapsules release the repairing material, which seals the crack.
