The global shape memory alloys market is projected to grow from $17.14 billion in 2025 to $31.97 billion by 2031, at a CAGR of 11.23%. Growth is fueled by rising demand in minimally invasive medical devices, electric vehicle components, aerospace weight reduction, and consumer electronics. Nitinol alloys dominate due to their biocompatibility and superelasticity, especially in medical applications like stents and orthodontics. Challenges include supply constraints and high development costs, but AI-assisted alloy discovery and government support are accelerating innovation and production capacity expansion, particularly in North America.
The global shape memory alloys market is projected to grow at an 11.23% CAGR, reaching USD 31.97 billion by 2031, driven by demand in medical, electric vehicle, and aerospace sectors. For readers following Basic Materials stocks, here is Pluang's market snapshot as of Oct 15, 2026 16:51 WIB: out of 83 priced US stocks, 48 rose and 29 fell. Notable movers include Wheaton Precious Metals Corp (WPM) at USD 133.83 with a 3.28% gain and a Pluang order activity of 47% Sell / 53% Buy, Hudbay Minerals Inc. (HBM) at USD 23.45 down 3.26%, and Rio Tinto (RIO) at USD 88.38 down 3.15%.
Man Group PLC has disclosed a 5.9% interest in Vesuvius plc, including 13.7 million ordinary shares and cash-settled derivatives. The disclosure also reveals a recent sale of 131,452 shares at £4.6447 each. This public filing under the UK Takeover Co...
Cliq, a payments technology company, has signed a multi-year deal to become a third-party payment processor for Vast Bank, a nationally chartered U.S. bank. This partnership enables Cliq’s clients, including merchants and software vendors, to access ...
The global femtech market, valued at $66.2 billion in 2025, is projected to grow at a CAGR of 14.9% to reach $255.5 billion by 2035. Growth is fueled by digital technology integration in women's health, including AI, telehealth, and wearable devices,...
A new report reveals the AI in catalyst development market is projected to grow from $2.29 billion in 2025 to $28 billion by 2034, driven by innovations in AI-based catalyst design and process optimization. The US and China dominate patent filings, w...
The global business jets market, valued at $27 billion in 2025, is projected to grow to $60.5 billion by 2035 at an 8.3% CAGR. Growth is fueled by rising demand for efficient, flexible air travel among corporate and private users, especially in under...
