Shape Memory Alloys Market Size, Unlocking Growth Potential and Share Projections for 2026-2035
The global Shape Memory Alloys Market has emerged as a high-growth advanced materials sector driven by expanding adoption across medical, industrial, and high-performance engineering applications. In 2025, the market was valued at USD 18.1 billion and is projected to reach USD 49.3 billion by the end of 2035. This expansion reflects a strong compound annual growth rate (CAGR) of 11.8% during the forecast period from 2026 to 2035.