Global Smart Materials Applications Market Is Growing with a CAGR of 12.9 % from 2015 to 2022
The Global Smart Materials Market is accounted for $34.20 billion in 2015 and is expected to reach $80.21 billion by 2022 growing at a CAGR of 12.9% during the forecast period. High convenience aspect of the smart materials, increase in demand of the smart materials from the construction industry are the key factors driving the market growth. On other hand, growing concerns regarding the impact of smart materials on the environment is hindering the market. Smart packaging in consumer goods...
View full press release