Programmable Materials Market size is projected to witness lucrative growth rate during the forecast period i.e., between 2024-2036.
The rise in research and development activities in the field of 4D printing and recent advancement in nanotechnology supports the growth of the programmable market. Also, these materials can reduce the manufacturing and processing costs of products across numerous industries. Growing demand for sustainable merchandises due to environmental issues, combined with marginal maintenance required in the handling of programmable materials, is estimated to boost the growth of the programmable materials market. According to the U.S. Census Bureau the total spending on the construction industry in the year 2020 accounted for USD 1,432,341 million. These costs could be reduced to some extent with the usage of programmable materials.
Author Credits: Abhishek Verma
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