The growing demand for Self-Healing Materials Market size in the automobile sector is expected to enable speedy expansion of the market, states Fortune Business Insights, in a report, The growing use of elastomers and polymers is expected to foster the healthy growth of the market.
Source: https://www.fortunebusinessins....ights.com/self-heali
Market Driver:
Expansion of BASF’s Chemical Industry to Promote Growth
The growing focus of companies towards expanding their production capacity can create opportunities for the market. For instance, in September 2019, BASF, a major in the chemical industry announced that it will increase the production of ethylene oxide and ethylene oxide derivativesat its Verbund site in Antwerp, Belgium.
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