Louisiana Multi-functional-Materials Group LLC

Louisiana Multi-Functional Materials Group's research showed the global market for sealants and adhesives used in the building, construction, automotive and transportation markets totaled $3.42 billion in 2014 and will grow to $5.68 billion by 2024. The company's two-way shape memory polymer will contract and expand continuously to counter weather-driven concrete cracking. The startup's goal is to create a material that lasts 10 years, can expand and contract by 30 percent to 70 percent, and perform in temperatures ranging from minus 22 to 158 degrees.