Advanced materials usually outperforms other conventional materials with their superior properties such as toughness, hardness, durability and elasticity. The development of advanced materials has lead to the design of completely new products from warships to medical devices and computers. The scope of advanced materials research is very broad in nature and so is its potential applications. While some advanced materials are already well known as groups like polymers, metal alloys, ceramics, semiconductors, composites and biomaterials. But future hold still more impressive product groups like carbon nano materials, activated carbon , titanium and others. The future of advanced materials is complex and unpredictable as materials scientists strive to improve present materials and invent new ones to suit industrial needs. Other areas of new materials research include spintronics, amphiphilic materials, superconductors and advanced engineering polymers. A lot of focus for applications of advanced materials is into high value markets like aerospace, defence and healthcare, while environment sustainable initiatives also requires new materials.
MarketsandMarkets have scheduled syndicated reports as per industry needs and some of report focus areas are global carbon nanotubes market , activated carbon market trends , opportunities in phase changing materials and Asian ceramic fiber market report. Our advanced materials team also focuses on analyzing trends in the related end-user markets and evaluating the impact that these trends will have on the industry performances. We have displayed our expertise by partnering with Fortune 500 clients to provide tailor-made consulting projects within client’s product portfolio.
Our report expertise includes assessing new market opportunities & market sizing, identifying and evaluating complex global value chains (including key drivers, restraints and winning strategies). We have also expertise in investment trends ,price trends & forecasting . There is a dedicated team for company profiles and competitive landscape on an on-going basis . All our reports cover major geographies like North America, Europe, Asia Pacific (includes Japan) and emerging economies in Asia and Latin America. With wide range of advanced materials industry reports and expertise in tracking & analyzing the industry activities on regular basis, our research team makes comprehensive reports on its own and also in collaboration with subject matter experts. We have access to industry recognized secondary databases which helps us to give accurate and authentic information about key industry trends. The report captures in-depth strategic insights on crucial topics which helps our clients make their informed decisions.
The advanced materials industry refers to a sector that focuses on the development, production, and application of innovative materials with enhanced properties and functionalities. These materials are designed to surpass the capabilities of traditional materials, offering improved performance, durability, efficiency, and versatility.
Advanced materials are typically engineered at the atomic or molecular level, allowing scientists and engineers to manipulate their structure, composition, and properties to achieve desired characteristics. They can exhibit exceptional strength, flexibility, conductivity, magnetism, optical properties, or other specialized attributes, depending on the intended application.
The advanced materials market encompasses a wide range of materials, including but not limited to:
- Composites: These are materials composed of two or more different constituents with distinct properties, combined to create a new material with enhanced characteristics. Examples include carbon fiber composites, fiberglass composites, and metal matrix composites.

- Nanomaterials: These are materials with structures and properties at the nanoscale level, typically less than 100 nanometers. They can exhibit unique electrical, mechanical, thermal, or optical properties due to their small size and large surface area. Examples include carbon nanotubes, graphene, and quantum dots.

- Ceramics: These are inorganic, non-metallic materials that are typically characterized by their high melting points, hardness, and excellent heat and chemical resistance. They find applications in areas such as aerospace, electronics, and biomedical engineering.

- Polymers: These are large molecules composed of repeating subunits, known as monomers. Polymers offer a wide range of properties depending on their composition and structure, including flexibility, toughness, elasticity, and resistance to chemicals. Examples include plastics, elastomers, and fibers.

- Advanced alloys: These are metallic materials that are specifically formulated to possess superior mechanical, thermal, or chemical properties. Advanced alloys are used in industries such as aerospace, automotive, and energy for their strength, corrosion resistance, and temperature stability.

Advanced Materials Industry Scope
The scope of the advanced materials industry is vast and encompasses a wide range of applications and sectors. Here are some key areas where advanced materials find significant use:
- Aerospace and Defense: Advanced materials are utilized in the aerospace and defense industries to improve aircraft performance, reduce weight, enhance fuel efficiency, and increase durability. Materials such as carbon fiber composites, titanium alloys, and high-temperature ceramics are commonly employed in aerospace components, including aircraft frames, wings, engine parts, and armor.

- Automotive: Advanced materials play a crucial role in the automotive industry for weight reduction, improved fuel efficiency, safety enhancements, and overall performance optimization. Lightweight materials like aluminum alloys, high-strength steels, carbon fiber composites, and polymer-based components are used to build more fuel-efficient vehicles without compromising safety or performance.

- Electronics and Semiconductors: The electronics industry relies on advanced materials to meet the demands for smaller, faster, and more powerful electronic devices. Materials like silicon, gallium nitride (GaN), and indium gallium arsenide (InGaAs) are used in semiconductor manufacturing, while flexible and conductive materials, such as graphene, are explored for flexible electronics and next-generation displays.

- Renewable Energy: Advanced materials contribute to the development of renewable energy technologies, such as solar cells, wind turbines, and energy storage systems. Photovoltaic materials like thin-film solar cells and perovskites are being researched for higher efficiency and lower costs, while advanced battery materials and supercapacitors are sought after for energy storage solutions.

- Healthcare and Biotechnology: Advanced materials have numerous applications in healthcare and biotechnology, including drug delivery systems, tissue engineering, medical implants, diagnostic tools, and bio-sensing devices. Biocompatible materials, bioactive ceramics, polymers, and hydrogels are utilized to develop innovative medical products and therapies.

- Construction and Infrastructure: The construction industry benefits from advanced materials in terms of improved strength, durability, energy efficiency, and sustainability. High-performance concrete, advanced coatings, smart materials, and energy-efficient insulation are some examples of advanced materials used in construction projects to enhance structural integrity, reduce maintenance, and optimize energy consumption.

- Consumer Goods: Advanced materials find their way into various consumer products, such as smartphones, wearables, sports equipment, and home appliances. Materials like high-performance plastics, flexible displays, nanocoatings, and composite materials contribute to lightweight, durable, and technologically advanced consumer goods.

Advanced Materials Industry Mergers & Acquisition
The advanced materials industry has been witnessing significant merger and acquisition (M&A) activities as companies aim to strengthen their positions, expand their capabilities, and capitalize on emerging opportunities. While I don't have access to real-time data, I can provide you with some examples of notable M&A activities that have occurred in the advanced materials market in recent years. Please note that the following examples are based on information available up until my knowledge cutoff in September 2021, and there may have been more recent developments:
- DowDuPont merger: In 2017, chemical giants Dow Chemical and DuPont completed a merger, forming DowDuPont. While the merger involved broader chemical industry consolidation, it impacted the advanced materials sector, as both companies were involved in the development and production of advanced materials across various applications.

- Covestro acquisition of DSM's resins and functional materials business: In 2019, Covestro, a leading producer of high-performance polymers, acquired DSM's resins and functional materials business. The acquisition expanded Covestro's product portfolio and market presence in areas such as coatings, adhesives, and specialties.

- Evonik's acquisition of JM Huber's silica business: In 2020, Evonik Industries, a German specialty chemicals company, acquired the silica business of JM Huber Corporation. The acquisition aimed to strengthen Evonik's position as a global leader in silica-based products, which find applications in areas like coatings, tires, and oral care.

- Huntsman Corporation's acquisition of Icynene-Lapolla: In 2020, Huntsman Corporation, a global manufacturer of differentiated chemicals, acquired Icynene-Lapolla, a leading supplier of spray polyurethane foam insulation systems. The acquisition expanded Huntsman's portfolio in the insulation market, leveraging Icynene-Lapolla's advanced insulation solutions.

- R. Grace acquisition by Standard Industries: In 2021, Standard Industries Holdings, a global industrial company, acquired W. R. Grace & Co., a specialty chemical and advanced materials company. The acquisition aimed to combine Standard Industries' expertise in building materials with Grace's advanced materials technologies.

Advanced Materials Industry Key segments
The advanced materials industry consists of various key segments that focus on specific types of materials or applications. Here are some of the prominent segments within the advanced materials industry:
- Composites: Composites are materials made by combining two or more different constituents to create a new material with enhanced properties. This segment includes fiber-reinforced composites, such as carbon fiber composites, fiberglass composites, and aramid composites. Composites find applications in aerospace, automotive, construction, sports equipment, and other industries where lightweight and high-strength materials are required.

- Nanomaterials: Nanomaterials are materials with unique properties at the nanoscale level. This segment includes materials like carbon nanotubes, graphene, quantum dots, nanoparticles, and nanocomposites. Nanomaterials find applications in electronics, energy storage, healthcare, environmental remediation, and other industries that benefit from their exceptional electrical, mechanical, and optical properties.

- Ceramics: Ceramics are inorganic, non-metallic materials known for their high-temperature resistance, hardness, and chemical stability. This segment includes materials like alumina, zirconia, silicon carbide, and boron nitride. Ceramics are used in applications such as aerospace components, cutting tools, electronic substrates, automotive parts, and medical implants.

- Polymers: Polymers are large molecules composed of repeating subunits. This segment includes high-performance polymers, engineering plastics, elastomers, and specialty polymers. Polymers are utilized in various industries, including automotive, electronics, packaging, healthcare, and consumer goods. They offer a wide range of properties, including flexibility, toughness, chemical resistance, and thermal stability.

- Metals and Alloys: This segment encompasses advanced metallic materials and alloys designed to offer improved strength, durability, and other specialized properties. It includes materials like titanium alloys, nickel-based superalloys, shape memory alloys, and high-strength steels. These materials find applications in aerospace, automotive, energy, and other industries that require high-performance metals.

- Energy Materials: Energy materials focus on advanced materials used in renewable energy systems, energy storage, and energy conversion. This segment includes materials for photovoltaics, batteries, fuel cells, and supercapacitors. Examples include perovskites, lithium-ion battery materials, and hydrogen storage materials.

- Coatings and Films: Coatings and films segment encompasses materials used for surface protection, functional coatings, and thin films. These materials provide properties such as corrosion resistance, wear resistance, chemical resistance, and optical properties. They find applications in industries such as automotive, electronics, aerospace, and packaging.
Advanced Materials Industry Subsegments
The advanced materials industry consists of several subsegments that focus on specific types of materials or applications. Here are some of the key subsegments within the advanced materials industry:
- Polymer Composites: This subsegment involves advanced materials composed of polymers reinforced with fibers or fillers to enhance mechanical properties. Examples include carbon fiber composites, glass fiber composites, and natural fiber composites.

- Ceramic Matrix Composites: Ceramic matrix composites are materials that combine ceramic fibers or particles with a ceramic matrix, resulting in materials with high-temperature resistance, strength, and toughness. Silicon carbide (SiC) and carbon fiber-reinforced ceramics are common examples.

- Nanomaterials: Nanomaterials refer to materials with unique properties at the nanoscale level. This subsegment includes nanoparticles, nanotubes, nanocomposites, and nanocoatings. Carbon nanotubes, graphene, and quantum dots are examples of nanomaterials.

- Functional Films and Coatings: This subsegment focuses on thin films and coatings that provide specific functionalities, such as corrosion resistance, anti-reflective properties, self-cleaning capabilities, or electrical conductivity. Examples include anti-fingerprint coatings, scratch-resistant coatings, and solar control films.

- Energy Storage Materials: Energy storage materials encompass advanced materials used in batteries, supercapacitors, and other energy storage devices. This subsegment includes materials like lithium-ion battery materials, solid-state electrolytes, and advanced electrode materials.

- Biomaterials: Biomaterials are materials designed for use in medical and healthcare applications, such as medical implants, tissue engineering, drug delivery systems, and diagnostic tools. Biocompatible polymers, bioactive ceramics, and hydrogels are examples of biomaterials.

- Electronic and Optoelectronic Materials: This subsegment focuses on materials used in electronic devices and optoelectronic applications. It includes semiconductors, conductive polymers, organic light-emitting diode (OLED) materials, and materials for photovoltaics.

- Advanced Metals and Alloys: Advanced metals and alloys subsegment involves materials with improved strength, corrosion resistance, and other specialized properties. Examples include titanium alloys, nickel-based superalloys, and shape memory alloys.

- Sustainable and Green Materials: This subsegment focuses on environmentally friendly materials that offer sustainable alternatives to traditional materials. It includes biodegradable polymers, bio-based materials, recycled materials, and materials with reduced carbon footprint.

- Construction Materials: Construction materials subsegment encompasses advanced materials used in the construction industry to improve strength, durability, energy efficiency, and sustainability. Examples include high-performance concrete, advanced insulation materials, and self-healing materials.
Advanced Materials Industry Eco-system
The advanced materials industry operates within a broader ecosystem that involves various stakeholders and interconnections. Here are some components of the advanced materials industry ecosystem:
- Research and Development (R&D) Institutions: Universities, research institutes, and government laboratories play a crucial role in advancing materials science and developing new advanced materials. These institutions conduct fundamental research, explore innovative concepts, and collaborate with industry partners to translate scientific discoveries into practical applications.

- Material Suppliers: Companies involved in the production and supply of advanced materials form a critical part of the ecosystem. These suppliers develop and manufacture materials such as composites, nanomaterials, ceramics, polymers, metals, and energy materials. They often work closely with end-users to customize materials for specific applications and provide technical support.

- Equipment and Machinery Manufacturers: Companies that specialize in manufacturing equipment, machinery, and tools for material processing, characterization, and fabrication are essential to the ecosystem. This includes equipment for material synthesis, coating deposition, testing, and analysis. They provide the necessary infrastructure for producing and working with advanced materials.

- End-User Industries: Various industries, including aerospace, automotive, electronics, energy, healthcare, construction, and consumer goods, form the major end-users of advanced materials. These industries leverage advanced materials to enhance product performance, reduce weight, improve energy efficiency, enable miniaturization, and address specific application requirements.

- Manufacturers and Producers: Companies involved in the manufacturing and production of end products incorporating advanced materials are vital to the ecosystem. They transform advanced materials into components, assemblies, or finished products. These manufacturers often collaborate with material suppliers and leverage their expertise to optimize the use of advanced materials in their products.

- Regulatory Bodies and Standards Organizations: Regulatory bodies and standards organizations establish guidelines, safety regulations, and industry standards for the use of advanced materials in different applications. They ensure compliance, quality control, and the safety of materials and products in various industries.

- Trade Associations and Industry Groups: Trade associations and industry groups bring together stakeholders from the advanced materials industry to foster collaboration, share knowledge, advocate for common interests, and promote the growth of the industry. These organizations provide platforms for networking, information exchange, and industry-wide initiatives.

- Investors and Funding Agencies: Investors and funding agencies provide financial resources to support research, development, and commercialization efforts in the advanced materials industry. They play a crucial role in driving innovation, supporting startups, and facilitating the scaling of advanced material technologies.

- Sustainability and Environmental Organizations: Given the growing emphasis on sustainability, environmental organizations play a role in promoting environmentally friendly practices within the advanced materials industry. They advocate for sustainable material choices, waste reduction, recycling, and the development of eco-friendly manufacturing processes.

Top 10 Players in Advanced Materials Industry
Here is a list of ten prominent players in the advanced materials industry:
- Dow Inc.
- BASF SE
- 3M
- DuPont
- Saint-Gobain
- Corning Incorporated
- Evonik Industries AG
- Huntsman Corporation
- Solvay SA
- Arkema SA
High Grown Opportunities in Advanced Materials Industry
The advanced materials industry offers several high-growth opportunities due to technological advancements, increasing demand for innovative materials, and emerging trends in various sectors. Here are some areas that present significant growth potential within the advanced materials industry:
- Electric Vehicles (EVs): The rapid growth of the electric vehicle market creates opportunities for advanced materials. Lightweight and high-strength materials, such as carbon fiber composites, aluminum alloys, and advanced battery materials, are in demand to improve vehicle efficiency and extend driving range.

- Renewable Energy: The transition to renewable energy sources, such as solar and wind power, drives the need for advanced materials. This includes materials for photovoltaic panels, energy storage systems, and wind turbine components. Developments in energy storage materials, such as lithium-ion batteries and fuel cells, also contribute to the growth of this sector.

- 5G Technology: The deployment of 5G networks requires advanced materials for improved signal transmission and heat management. Materials such as advanced ceramics, conductive polymers, and specialized coatings play a role in enabling faster and more efficient communication systems.

- Aerospace and Defense: The aerospace and defense sectors demand advanced materials for lightweighting, durability, and enhanced performance. Materials like carbon fiber composites, titanium alloys, and high-temperature ceramics are utilized in aircraft components, missiles, and defense systems.

- Healthcare and Medical Devices: The healthcare industry relies on advanced materials for medical implants, surgical tools, drug delivery systems, and diagnostic devices. Biomaterials, biodegradable polymers, and advanced coatings with antimicrobial properties are among the materials driving innovation in this sector.

- Sustainable Packaging: With the growing focus on sustainability, there is an increasing demand for advanced materials that offer eco-friendly alternatives to traditional packaging materials. Biodegradable polymers, bio-based materials, and compostable films are examples of materials driving the sustainable packaging sector.

- Internet of Things (IoT) and Wearable Devices: The proliferation of IoT devices and wearable technology presents opportunities for advanced materials. Flexible and stretchable materials, conductive inks, and smart textiles are enabling the development of next-generation sensors, wearable electronics, and IoT-enabled devices.

- Additive Manufacturing (3D Printing): Additive manufacturing is a rapidly expanding field that relies on advanced materials for 3D printing applications. Advanced polymers, metal alloys, and ceramic materials are being developed specifically for additive manufacturing, enabling complex designs and customization.

- Smart and Functional Textiles: The integration of electronics and smart functionalities into textiles is driving the growth of advanced materials in the textile industry. Conductive fibers, smart fabrics with sensing capabilities, and materials with temperature regulation properties are being developed for applications like sports apparel, medical textiles, and smart clothing.

- Environmental and Energy Efficiency Solutions: Advanced materials play a crucial role in environmental and energy efficiency solutions, such as insulation materials, advanced coatings for energy-efficient buildings, and materials for water purification and air filtration systems.

Upcoming Challenges in Advanced Materials Industry
While the advanced materials industry presents numerous opportunities, it also faces certain challenges. Here are some upcoming challenges that the industry may encounter:
- Cost and Scalability: Developing and manufacturing advanced materials can be costly, particularly when it involves specialized processes, high-purity raw materials, or complex fabrication techniques. Scaling up production while maintaining cost-effectiveness can be a challenge, especially for novel materials with limited commercialization experience.

- Regulatory and Safety Compliance: Advanced materials often need to meet stringent regulatory requirements and safety standards, especially in industries such as healthcare, aerospace, and automotive. Ensuring compliance with regulations related to toxicity, environmental impact, and workplace safety can be demanding and may require significant investments in testing and certification.

- Supply Chain and Raw Materials: The availability and sourcing of raw materials for advanced materials production can pose challenges. Some materials may have limited supply or be subject to geopolitical factors, trade restrictions, or price fluctuations. Diversifying supply chains, developing alternative materials, and ensuring reliable access to raw materials are crucial for the industry's sustainability.

- Technology Transfer and Adoption: Translating research and development breakthroughs into commercial applications can be a complex process. Bridging the gap between academia and industry, transferring technology effectively, and overcoming barriers to adoption and implementation require strong collaborations, intellectual property management, and investment in technology transfer infrastructure.

- Environmental Impact and Sustainability: The advanced materials industry faces increasing scrutiny regarding its environmental impact. Developing sustainable manufacturing processes, reducing energy consumption, minimizing waste generation, and exploring recyclable or biodegradable materials are essential for addressing sustainability concerns and meeting societal expectations.

- Performance and Reliability: Advanced materials need to demonstrate consistent performance and reliability under demanding conditions. Ensuring long-term durability, reliability, and resistance to environmental factors, such as temperature, humidity, and corrosion, is crucial, particularly for industries like aerospace, automotive, and energy.

- Intellectual Property Protection: Protecting intellectual property rights and preventing unauthorized use or imitation of advanced materials is a significant challenge. Companies need robust strategies for patent protection, trade secrets, and technology licensing to safeguard their innovations and maintain a competitive edge.

- Skills and Talent Gap: The advanced materials industry requires a highly skilled workforce with expertise in materials science, engineering, and specialized manufacturing processes. However, there can be a shortage of skilled professionals with the necessary knowledge and experience in advanced materials, posing a challenge for research, development, and commercialization efforts.

- Global Competition: The advanced materials industry is globally competitive, with companies and research institutions around the world driving innovation. Staying ahead in a highly competitive landscape requires continuous investment in research and development, fostering collaborations, and embracing technological advancements.

- Technology Obsolescence: The rapid pace of technological advancements and innovation can lead to the risk of technology obsolescence. Companies must stay vigilant, adapt to emerging trends, and invest in research and development to remain at the forefront of the industry.

Advanced Materials Industry High CAGR Geography
The Asia-Pacific region, particularly countries like China, Japan, South Korea, and India, has witnessed significant growth in the advanced materials industry. These countries have strong manufacturing capabilities, a growing consumer base, and increasing investments in research and development. The rise of industries such as automotive, electronics, renewable energy, and infrastructure in this region has fueled the demand for advanced materials.
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The flexible insulation market is projected to reach USD 10.84 Billion by 2021, at a CAGR of 5.54% from 2016 to 2021.The global flexible insulation market is expected to be driven by the growing demand from end-use industries such as building & construction, heating, ventilation and air-conditioning (HVAC) and the transportation sector. Flexible insulations are those insulations which can be applied successfully or flexibly in those applications wherein other materials cannot be used. Flexible insulations are used to save energy, maintain process temperatures, provide fire & sound protection, and prevent condensation.
- Published: May 2017
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The silk market is projected to reach USD 16.94 Billion by 2021, at a CAGR of 7.8% from 2016 to 2021. Silk is witnessing increase in demand in the Asia-Pacific region, mainly in China. Asia-Pacific is the largest producer of raw silk with easy availability of raw materials in the region. Silk finds application majorly in the textile industry. Increasing demand for silk from the textile industry has promoted the usage of silk. Furthermore, technological advancements in the sericulture industry are expected to drive the silk market.
- Published: May 2017
- Price: $ 4950
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The global decorative laminates market is estimated to reach USD 7.97 Billion by 2021, at a CAGR of 3.5% from 2016 to 2021. The decorative laminates market has witnessed significant growth in recent years. Decorative laminates, due to their excellent properties, such as water resistance, huge variety, durability, microbe-resistant, and ease of maintenance are used in a wide range of applications such as cabinets, furniture, countertops, and wall panels.
- Published: May 2017
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The global cenospheres market was valued at USD 346.8 Million in 2016 and is projected to reach USD 689.2 Million by 2022, at a CAGR of 12.16% from 2017 to 2022. The growing demand from the oil & gas, construction, and refractory end-use industries and superior structural properties are key factors expected to drive the global cenospheres market.
- Published: April 2017
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The isoprene market was valued at USD 1.93 Billion in 2015, and is projected to reach USD 2.96 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021. Isoprene is used in several end-use industries, such as tires, non-tires, adhesives, and other industries. The increasing usage of synthetic rubber in these industries is expected to drive the isoprene market.
- Published: April 2017
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In terms of value, the fiberglass pipes market was valued at USD 3.04 Billion in 2015, and is projected to reach USD 4.11 Billion by 2021, at a CAGR of 5.22% from 2016 to 2021. Fiberglass pipes are becoming crucial in chemicals, oil & gas, and sewage applications due to the superior properties, low maintenance, and long product life.
- Published: April 2017
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The packaging foams market was valued at USD 12.81 Billion in 2017, and is projected to reach USD 17.21 Billion by 2022, at a CAGR of 6.09% from 2017 to 2022. This report aims to estimate the market size and future growth potential of the packaging foams market across different segments, such as structure type, material type, service type, and region. Factors influencing the market growth such as drivers, restraints, opportunities, and industry-specific challenges, along with competitive landscape of the market are presented in this report. In this study, 2016 has been considered as the base year and 2022 is considered as the projected year.
- Published: April 2017
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The epoxy composite market was valued at USD 21.60 Billion in 2015, and is projected to reach USD 33.06 Billion by 2021, at a CAGR of 7.34% between 2016 and 2021. The use of epoxy composite is becoming crucial in industries, such as wind energy, aerospace & defense, automotive & transportation, sporting goods, pipe & tank, electrical & electronics, marine, and others, due to its properties, including lightweight, low maintenance, durability, and high tensile strength and flexibility.
- Published: April 2017
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The report concentrates on the utilization of various FRP materials used in the manufacturing of bridges. In terms of value, the FRP bridge market was valued at USD 50.1 Million in 2015 and is projected to reach USD 72.5 Million by 2021, at a CAGR of 6.40% between 2016 and 2021. FRP bridges have increasingly gained acceptance from civil engineers across the globe due to the several useful properties offered by them, such as high corrosion resistance against de-icing salt, high strength to weight ratio, and increased shelf-life of the bridges.
- Published: April 2017
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The foam insulation market size was USD 17.58 Billion in 2016 and is projected to reach USD 22.39 Billion by 2021, at a CAGR of 4.95% from 2016 to 2021. In this study, 2015 has been considered as the base year, and 2016–2021 the forecast period to estimate the market size for foam insulation.
- Published: April 2017
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The high speed steels market is projected to grow from USD 2.13 Billion in 2016 to USD 2.77 Billion by 2021, at a CAGR of 5.3% between 2016 and 2021. Increasing demand for machinery made of high speed steels from various end-use industries, such as automotive, aerospace, and plastic, among others, is expected to drive the demand for high speed steels, thereby fueling the growth of the high speed steels market during the forecast period.
- Published: March 2017
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The global conductive textiles market was valued at USD 1.02 Billion in 2016 and is projected to reach USD 2.11 Billion by 2021, at a CAGR of 15.6% from 2016 to 2012. The development of conductive fabrics using graphene inks and the increasing usage of conductive textiles in wearable fitness and medical devices are providing lucrative growth opportunities to manufacturers of conductive textiles.
- Published: March 2017
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The composite doors and composite windows market is estimated to reach USD 1,171.4 Million by 2021, at a CAGR of 6.33% from 2016 to 2021. The increasing use of composite doors and composite windows in industrial and commercial applications is expected to drive the growth of the composite doors market. The base year considered for the study is 2015, and the market size is projected between 2016 and 2021.
- Published: March 2017
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In terms of value, the wind turbine composite market was valued at USD 7.15 Billion in 2015, and is projected to reach USD 12.17 Billion by 2021, at a CAGR of 9.28% between 2016 and 2021. Wind turbine composites are utilized in the manufacturing of wind turbine parts such as blades and nacelles, among others. The use of composites helps in the development of lightweight components with superior properties, in addition to other benefits such as low maintenance and long product life.
- Published: March 2017
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In terms of value, the composite bearings market was valued at USD 3.21 Billion, in 2015, and is projected to reach USD 5.04 Billion by 2021 at a CAGR of 7.88% from 2016 to 2021. Composite bearings are becoming crucial in aerospace, automotive and construction & mining applications due to the light weight & superior properties, low maintenance and long product life.
- Published: February 2017
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The global Polyether Ether Ketone (PEEK) market is projected to reach USD 664.3 Million by 2021, at a CAGR of 6.3% from 2016 to 2021. The growth of this market can be attributed to the growing demand from the end user industries in the developed economies, including the U.S. and the European countries, coupled with the increasing investments in the electrical & electronics and transportation (aerospace and automotive) industries in emerging economies including China, South Korea, India, and Brazil,.
- Published: February 2017
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The high performance fiber market is projected to grow from USD 10.73 Billion in 2016 to USD 16.46 Billion by 2021, at a CAGR of 8.9% between 2016 and 2021. Factors such as increasing demand for high performance fibers in the defense sector and growing need for fuel-efficient and lightweight materials with superior strength for use in various applications, such as textile and automotive, among others are expected to fuel the growth of the high performance fiber market during the forecast period, 2016 to 2021.
- Published: February 2017
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The global top 10 plastics market was valued at USD 413.19 Billion in 2015 and is projected to reach USD 586.24 Billion by 2021, at a CAGR of 6.84% from 2016 to 2021. The market size was 252.9 Million tons in 2015 and is projected to reach 332.4 Million tons by 2021, at a CAGR of 4.68% from 2016 to 2021. In this study, 2015 has been considered as the base year and 2021 the projected year, with the forecast period from 2016 to 2021.
- Published: February 2017
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The market for top 10 high growth composite materials is estimated to grow from USD 69.50 Billion in 2015 to USD 105.26 Billion by 2021, at a CAGR of 7.04% during the forecast period. The top 10 composite materials market is expected to witness growth, due to high demand from the wind energy & other emerging application industries, such as electrical & electronics and transportation, as the use of composites leads to reduced overall weight and increased component strength.
- Published: February 2017
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The transparent conductive films market is projected to reach USD 8.46 Billion by 2026, at a CAGR of 9.4% from 2016 to 2026. Factors driving the growth of the transparent conductive films market is the rising demand for high conductivity, low resistance, and high transparency of touch screens. Strong demand and advancement of communication technology will lead to higher consumption of smartphones and other communication devices, thereby increasing the demand for transparent conductive films.
- Published: January 2017
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The global market size of elastomers is estimated to reach USD 92.36 Billion by 2021, at a CAGR of 4.6% from 2016 to 2021, in terms of value. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021. The elastomers market is driven by the increasing demand from the automotive industry and advancement in the Thermoplastic Elastomer (TPE) processing.
- Published: January 2017
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The automotive aluminum market is projected to grow from USD 47.91 Billion in 2016 to USD 111.80 Billion by 2026, at a CAGR of 8.8% from 2016 to 2026. Increased demand for lightweight and efficient materials from the automotive industry is fueling the demand for automotive aluminum as it not only reduces weight of automobile components, but also of the complete body of automobiles by up to 50%.
- Published: January 2017
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The extruded plastics market is projected to grow from USD 184.34 Billion in 2016 to USD 291.74 Billion by 2026, at a CAGR of 4.7% between 2016 and 2026. The growing demand for extrudates from the construction industry is expected to drive the extruded plastics market. Increasing demand from Asia-Pacific region from end-use industries such as packaging is also expected to fuel the demand for extruded plastics.
- Published: January 2017
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The global modified bitumen market was valued at USD 13.22 Billion in 2015 and is projected to reach USD 19.29 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021. In this study, 2015 has been considered as the base year, and 2016–2021 as the forecast period to estimate the market size for modified bitumen.
- Published: January 2017
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The global concrete fiber market, in terms of value, is projected to reach USD 3.09 Billion by 2021, at a CAGR of 8.2%, from 2016 to 2021. Increasing demand of synthetic concrete fiber across various end-use industries such as transport infrastructure, building & construction, and mining & tunnel is driving the global concrete fiber market.
- Published: January 2017
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The global polypropylene foams market is projected to reach USD 1.27 Billion by 2021, at a CAGR of 5.78% from 2016 to 2021. The growing demand for light weight automotives is leading to an increase in the demand in the polypropylene foams market. Rising demand from end-use industries in the developed and emerging countries has triggered the growth of the polypropylene foams market.
- Published: January 2017
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The global polyurethane market is projected to reach USD 56.76 Billion by 2021, at a CAGR of 5.6% from 2016 to 2021. The growing urbanization and improvements in living standards of populations, and increase in the usage of polyurethane in the construction industry, its strong adherence ability, its exceptional mechanical & insulating properties, and chemical & heat resistance are driving the market for polyurethane. The use of PU in the footwear industry in the last few years has made it a worthy replacement to materials such as, Polyvinyl Chloride (PVC) and Ethylene Vinyl Acetate (EVA) because of the ease of processing and designing.
- Published: January 2017
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The rubber bonded abrasives market is projected to reach USD 1.47 Billion by 2026, at a CAGR of 3.1% from 2016 to 2026. The market is driven by increased demand for rubber bonded abrasives for auto ancillaries, aerospace, construction, cleaning & maintenance, medical, food packaging, and heavy industries.
- Published: January 2017
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The global silicone gel market is projected to reach USD 1.96 Billion by 2026, at a CAGR of 6.9% during the forecast period of 2016 to 2026. The high growth of electrical & electronics industry globally and the increasing demand of silicone gel for various new applications from the end-use industries is driving the market and is resulting in increasing number of new product launches and expansions.
- Published: January 2017
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The global self-compacting concrete (SCC) market is estimated to be USD 8.74 Billion in 2016, and is projected to reach USD 15.18 Billion by 2026, at a CAGR of 5.7% between 2016 and 2026. Growth of the self-compacting concrete market has been driven by varied factors, such as non-requirement of vibration processes in laying self-compacting concrete, significant reduction in maintenance, repairing, and overhauling (MRO) costs of self-compacting concrete, and limited impact on the environment.
- Published: January 2017
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The global Liquid Silicone Rubber (LSR) market, in terms of value, is projected to reach USD 3.82 Billion by 2026, at a CAGR of 8.3%, from 2016 to 2026. High-growth in the electrical & electronics and medical applications, and rapid growth in the demand for medical grade LSRs are the key factors driving the global LSR market.
- Published: January 2017
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The market size of high performance plastics is estimated to grow from USD 14.49 Billion in 2016 to USD 35.27 Billion by 2026, at a CAGR of 9.3% from 2016 to 2026. The market is driven by the increased usage of high performance plastics materials instead of conventional materials in high temperature applications.
- Published: January 2017
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The engineered foam market is estimated at USD 57.30 Billion in 2016, and is expected to reach USD 122.30 Billion by 2026, at a CAGR of 7.9% from 2016 to 2026. Major growth drivers for the market include increased expenditure in space research activities and growth in the airline industry of emerging regions, such Asia-Pacific, Latin America, and the Middle East & Africa. High transition along with shorter product life cycles in end-use industries is another factor expected to drive the engineered foam market.
- Published: November 2016
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The global roofing market is projected to reach USD 270.40 Billion by 2026, at a CAGR of 4.9% from 2016 to 2026. The growth of the global roofing market is mainly driven by increasing demand for roofing materials from residential, commercial, and non-residential sectors in the emerging economies. In addition, ongoing repairing and remodeling works in developed countries are also propelling the growth of the global roofing market.
- Published: November 2016
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The composites testing market was valued at USD 1.47 Billion in 2015, and is projected to reach USD 3.06 Billion in 2026 at a CAGR of 6.95%. The use of composites is becoming crucial in the interior and exterior structural applications of aircraft and transport vehicles due their high strength, and superior performance. These composites have to comply with the stringent composites testing standards and manufacturers’ proprietary testing standards to ensure safety and durability.
- Published: November 2016
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The global soft magnetic materials market is projected to reach USD 42.14 Billion by 2026, at a CAGR of 8.1%, from 2016 to 2026. Soft magnetic materials offer good permeability and also help in the reduction of eddy current losses. Thus soft magnetic materials are extremely useful in various applications such as motors, transformers, and alternators. Companies are investing in R&D for the development and manufacture of high quality soft magnetic materials. The growing automotive end-user industry is one of the major drivers for the soft magnetic materials market.
- Published: November 2016
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The global corrosion resistant resin (CRR) market was valued at USD 6.30 Billion by 2015 and is projected to reach USD 12.56 Billion by 2026. The market is projected to grow at a CAGR of 5.7% between 2016 and 2026. In this study, 2015 has been considered as the base year. The time period between 2016 and 2026 has been considered as the long-term forecast period while the time period between 2016 and 2021 has been considered as the midterm forecast period.
- Published: November 2016
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The global liquid packaging market size, in terms of value, is projected to reach USD 370.75 Billion by 2021, at a CAGR of 5.4% between 2016 and 2021. The high demand is attributed to the growing food & beverage industry globally. Players in this market are adopting various organic and inorganic strategies to expand their presence in the emerging economies such as Asia-Pacific, Middle East & Africa, and Latin America.
- Published: November 2016
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The global construction composites market is projected to reach USD 8.98 Billion by 2026, at a CAGR of 6.00%, during the forecast period, 2016 and 2026. The increase in the penetration of construction composites in the construction industry, the long life & low maintenance requirement, rapid urbanization & economic boom in the emerging countries and the development of innovative products, are key factors responsible for the growth of the construction composites market.
- Published: November 2016
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The global polymer processing aid market is expected to grow from USD 1.71 Billion in 2016 to USD 2.21 Billion by 2021, at a CAGR of 5.2% during the forecast period. Increasing applicability of plastics in end-use industries such as automotive, building & construction, consumer goods, and packaging is driving the growth of the global polymer processing aid market.
- Published: November 2016
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The market size of breathable membranes for construction industry is estimated to reach USD 1,617.2 Million by 2021, at a CAGR of 10.3% from 2016 to 2021. The cost effectiveness of the membrane, increasing demand for timber frame construction industry in European countries, and its excellent UV resistant properties with breathable characteristics over its alternatives such as non-breathable membranes and asphaltic papers are driving the market for breathable membranes.
- Published: November 2016
- Price: $ 4950
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The metal replacement market is projected to reach USD 159.82 Billion by 2021, at a CAGR of 9.2% from 2016 to 2021. The key factor propelling the growth of the metal replacement market is the increasing demand for metal replacing materials from the automotive and aerospace & defense industries. Major end-use industries in the metal replacement market include automotive, aerospace & defense, construction, healthcare, and others. In the automotive industry, metal replacing materials are used in the manufacturing of vehicle body parts, as well as various under-the-hood components.
- Published: October 2016
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The global hexagonal-Boron Nitride (h-BN) powder market was USD 611.5 Million in 2015, and is estimated to reach USD 821.0 Million by 2021, at a CAGR of 5.1% from 2016 to 2021. H-BN powder products find usage in applications such as, coatings & mold release, electrical insulation, lubrication-industrial, composites, personal care, paints, lubricants-food, thermal spray, others (dental cements, pencil lead and synthesizing of h-BN).
- Published: October 2016
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The global market size of polysilicon is estimated to reach USD 8.90 Billion by 2021 at a CAGR of 13.0%. The market is primarily driven by the rapid growth of the key end-use industries, such as solar PV and electronics. However, the price decrease and anti-dumping policies hinder the growth of the global polysilicon market.
- Published: October 2016
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The market size of FRP tank is projected to reach USD 2.32 Billion by 2021 at a CAGR of 4.73%, between 2016 and 2021. The high demand for lightweight and superior properties of composites and the increasing demand of FRP tanks for heavy vehicles in North America and Europe are the key factors responsible for the growth of the FRP tank market.
- Published: October 2016
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The global ceramic textile market size expected USD 132.5 Million by 2021 from USD 74.5 Million in 2015, and is projected to register a CAGR of 9.94% in terms of value, between 2016 and 2015. High heat resistance capability of ceramic fibers in high temperature applications would drive the market. Emerging application industries, such as aerospace and alternate energy, would boost the ceramic textile market.
- Published: October 2016
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The global market size of electronics ceramics & electrical ceramics is estimated to reach USD 11.98 Billion by 2021 at a CAGR of 4.89%, in terms of value. The base year considered for the study is 2015 while the forecast period is between 2016 and 2021. The global electronics ceramics & electrical ceramics market is driven by the growing demand for light-weight, corrosion resistant, and advanced ceramic components. The report includes an analysis of the global electronics ceramics & electrical ceramics market by region, namely, Asia-Pacific, Europe, North America, the Middle East & South Africa, and South America.
- Published: October 2016
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The global glass insulation market was valued at USD 37.94 Billion in 2015 and is projected to reach USD 58.71 Billion by 2021, at a CAGR of 7.6% from 2016. This growth is mainly attributed to growth in the construction industry, rising demand for value-added glass products, increasing demand for green buildings, increasing cost of energy, and stringent government regulations.
- Published: September 2016
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The market size of composite tooling was worth USD 361.0 Million in 2015, and is projected to reach USD 551.8 Million by 2021, at a CAGR of 7.35%. Composite tooling is becoming crucial in automotive, aerospace, wind, and among others. The need for superior quality tooling and strong and rigid composite components is increasing the demand of composite tooling.
- Published: September 2016
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The closed molding composites is estimated to grow from USD 46.48 Billion in 2016 to USD 66.58 Billion by 2021, at a CAGR of 7.45% between 2016 and 2021. The base year considered for the study is 2015 and the market size is projected between 2016 and 2021. Increase in use of composites in aerospace & defense and wind energy applications are driving the market.
- Published: September 2016
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