The Global Market for Shape Memory Materials

Published August 2022 | 105 pages, 35 figures, 28 tables | Download table of contents

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 a deformation has occurred, when subjected to particular thermal conditions. They possess superelastic behavior, 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 are used in many other applications such as medical, controllers for hot water valves in showers, petroleum industry, vibration dampers, ball bearings, sensors, miniature grippers, micro valves, pumps, landing gears, eye glass 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 a 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..

1 RESEARCH SCOPE AND METHODOLOGY 10

1.1 Report scope 10
1.2 Research methodology 10

2 EXECUTIVE SUMMARY 11

2.1 Market drivers 12
2.2 Markets and applications including TRL 13
2.3 Market challenges 16

3 TYPES OF SHAPE MEMORY MATERIALS 18

3.1 SHAPE MEMORY ALLOYS (SMA) 20
- 3.1.1 Shape memory effect 20
- 3.1.2 Pseudoelasticity (superelasticity) 21
- 3.1.3 Properties of SMAs 22
- 3.1.4 Nickel-Titanium (Ni-Ti) alloys 23
  - 3.1.4.1 Properties 23
  - 3.1.4.2 Commercialization 24
- 3.1.5 Copper-based SMAs 25
- 3.1.6 Iron-based SMAs 27
- 3.1.7 Hardened high temperature shape memory alloys (HTSMAs) 27
- 3.1.8 Titanium-Tantalum (Ti-Ta)-based alloys 28
- 3.1.9 SMA actuators 28
- 3.1.10 3D printed shape memory alloys 28
- 3.1.11 SMA smart foam 30
3.2 SHAPE MEMORY POLYMERS (SMP) 30
- 3.2.1 Shape memory polyurethane (SMPU) 33
- 3.2.2 Shape memory hydrogels (SMH) 35
  - 3.2.2.1 Tough shape memory hydrogels 35
  - 3.2.2.2 Triple-/multi-shape memory hydrogels 36
  - 3.2.2.3 Multifunctional shape memory hydrogels 37
  - 3.2.2.4 Stimuli-responsive hydrogel actuators 38
- 3.2.3 Nanofibers SMPs 39
- 3.2.4 Carbon nanotubes SMPs 40
3.3 SHAPE MEMORY CERAMICS (SMC) 40

4 SHAPE MEMORY PATENTING 42

5 SHAPE MEMORY MATERIALS MARKETS AND APPLICATIONS 44

5.1 MEDICAL, HEALTCHCARE AND DENTAL 44
- 5.1.1 Stents 44
- 5.1.2 Orthodontic archwires 46
- 5.1.3 Ablation devices 48
- 5.1.4 Orthopaedic staples 48
- 5.1.5 Prosthetics 48
- 5.1.6 Sutures 48
- 5.1.7 Tissue engineering 49
- 5.1.8 Insulin Pump 49
- 5.1.9 Rehabilitation 49
5.2 ELECTRONICS 50
- 5.2.1 Flexible electronics 51
- 5.2.2 Displays 51
- 5.2.3 Smartphone camera actuators 52
- 5.2.4 Electrical appliances 53
5.3 CONSUMER GOODS 54
- 5.3.1 Eyeglass frames 54
- 5.3.2 Home appliances 54
5.4 CONSTRUCTION 56
- 5.4.1 Vibration damping 56
- 5.4.2 Memory steel 56
5.5 AVIATION AND AEROSPACE 57
- 5.5.1 SMA actuators 57
- 5.5.1.1 Unmanned aerial vehicles (UAVs) 58
- 5.5.2 Shape memory tires 58
- 5.5.3 SMA composites 58
5.6 TEXTILES 59
- 5.6.1 Medical textiles 61
- 5.6.2 Breathable fabrics 61
- 5.6.3 Energy-storage textiles for wearables 61
5.7 AUTOMOTIVE 63
- 5.7.1 SMA actuators 63
- 5.7.2 SMA valves 64
- 5.7.3 Autonomous vehicles 65
- 5.7.4 Tires 66
5.8 ROBOTICS 66
5.9 FILTRATION 67
- 5.9.1 Medical filters 68
- 5.9.2 Other filters 70
5.10 ANTI-COUNTERFEITING AND SECURITY 70
5.11 OTHER MARKETS 71

6 GLOBAL REVENUES AND REGIONAL MARKETS 72

6.1 Global market to 2033, by market (USD) 73
6.2 Global market to 2033, by region 75

7 SHAPE MEMORY COMPANY PROFILES 77 (49 company profiles)

8 REFERENCES 103

List of Tables

Table 1. Market drivers for the use of shape memory materials. 12
Table 2. Applications and market for shape memory materials. 13
Table 3. Market challenges for shape memory materials. 17
Table 4. Types of shape memory alloys-advantages and disadvantages. 19
Table 5. Phase transformation temperature ranges of commercially available SMAs. 22
Table 6. Physical properties of NiTi. 23
Table 7. Shape memory alloy nitinol components. 25
Table 8. Wire material, Elastic limit, Elasticity modulus (E). 25
Table 9. Properties of copper-based shape memory alloys 26
Table 10. Comparison between the SMAs and SMPs. 32
Table 11. Markets and applications of SMPU. 33
Table 12. Applications of shape memory materials in biomedical and stage of development. 44
Table 13. Commercially available NiTi archwires. 47
Table 14. Commercially available SMA orthopaedic staples. 48
Table 15. SMP self-tightening sutures. 49
Table 16. Applications of shape memory materials in electronics and stage of development. 50
Table 17. Applications of shape memory materials in consumer goods and stage of development. 54
Table 18. Applications of shape memory materials in home appliances. 54
Table 19. Applications of shape memory materials in construction and stage of development. 56
Table 20. Applications of shape memory materials in aviation and aerospace and stage of development. 57
Table 21. Applications of shape memory materials in textiles and stage of development. 60
Table 22. Applications of shape memory materials in automotive and stage of development. 63
Table 23. Range of SMA applications in the automotive sector. 64
Table 24. SMAs medical filter products. 68
Table 25. Other markets for shape memory materials and applications. 71
Table 26. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2033, conservative estimate. 73
Table 27. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2030, high estimate. 74
Table 28. Global market for shape memory materials, by region, revenues (Millions USD) 2014-2033, conservative estimate. 75

List of Figures

Figure 1. Phase transformation process for SMAs. 19
Figure 2. Histeresys cycle for Superelastic and shape memory material. 20
Figure 3. Shape memory effect. 21
Figure 4. Superelasticity Elastic Property. 22
Figure 5. Stress x Strain diagram. 24
Figure 6. Shape memory pipe joint. 27
Figure 7. The molecular mechanism of the shape memory effect under different stimuli. 32
Figure 8. Diaplex's environmental temperature adaptation features. 33
Figure 9. Stent based on film polyurethane shape memory polymer. 34
Figure 10. Shape memory hydrgogel. 35
Figure 11. Shape memory alloy patent applications 1994-2021. 42
Figure 12. Shape memory polymer patent applications 1994-2021. 42
Figure 13. Schematic of stent used to treat a peripheral artery. 45
Figure 14. Nitinol stent products and manufacturers. 45
Figure 15. SMA orthodontic wires. 47
Figure 16: Self-healing shape memory polymer patent schematic. 51
Figure 17. Schematic of SMA actuator in image sensor. 52
Figure 18. Xiaomi Mix Fold 2 incorporating CML's SMA technology. 53
Figure 19. SMA incorporated into eyeglass frames. 54
Figure 20. Combination faucet incorporating SMA. 55
Figure 21. SMA temperature spring in rice cooker. 55
Figure 22. Memory-steel reinforcement bars. 57
Figure 23. NASA superelastic tire. 58
Figure 24. SMA flextures. 59
Figure 25. SMPU-treated cotton fabrics. 60
Figure 26. Schematics of DIAPLEX membrane. 61
Figure 27. SMP energy storage textiles. 62
Figure 28. SMA applications in the automotive sector. 64
Figure 29. Pneumatic valve to inflate and deflate cushions in car seats. 65
Figure 30. Shape memory alloys in soft robotics. 67
Figure 31. SMP in anti-counterfeiting. 71
Figure 32. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2030, high estimate. 74
Figure 33. Global market for shape memory materials, total and by market, revenues (Millions USD) 2014-2030, high estimate. 75
Figure 34. Superelastic Tire. 97
Figure 35. MMM Process. 98

The Global Market for Shape Memory Materials 2023-2033

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The Global Market for Shape Memory Materials 2023-2033

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