Evaluation of novel autonomous self-healing polymer composite

Abstract

Autonomous self-healing materials offer a novel ability to self-repair damage caused by fatigue or fracture. Applications in many industries, from medical to aerospace, suffer from formation of microcracks, which often result in catastrophic failure of the product when the cracks remain undetected. A self-healing material capable of microcrack elimination would improve the safety of such products, as well as extend their lifetime. This paper presents several recently developed autonomous self-healing designs of polymer composites. The commercialization potential of the designs is explored. Potential applications in four industries are identified, and the helicopter blade is selected as the most likely application to succeed in introducing the novel material into the market. The helicopter market is evaluated based on demand, growth, stability, and ease of entry. Intellectual property landscape is presented and competitors are identified. A combination business strategy of research and development and intellectual property licensing is recommended for entry into the helicopter market.