Stratosphere S.A. (former Critical Materials S.A.) is accordingly with a new Market report from ResearchAndMarkets one of the world key players on applications and technology development of self-healing materials.
The future of the self-healing material market looks promising with opportunities in the building & construction, transportation, automotive, aerospace, mobile device, general industrial, medical device, and sports industries. The global self-healing material market is expected to grow with a CAGR of 27% from 2019 to 2024. The major growth drivers for this market are increasing demand for self-healing materials due to its various functions in developed regions.
Stratosphere S.A. simulation technology enables unprecedented accuracy in the prediction of behaviour of self-healing materials enabling the simulation of healed and unhealed material zones and also the design of high-end applications across several verticals. The proprietary constitutive modelling technology from Stratosphere S.A. enables the simulation of the behaviour of complex stress fields and its impact on damage distribution and healing generation.