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Advanced Materials

High quality materials that offer superior desired characteristics for the intended purpose are called advanced materials. These can either be a single product or a combination of products. Manufacturers are focusing on developing new advanced materials and on fine-tuning already existing products to enhance its desired properties. The high quality of these materials has led to their application in physics, electronics, medical devices, green packaging, and wastewater treatment among others. Some of the popular advanced materials are helping manufacturers meet the rising demand for advanced steel and aluminum alloys, and a variety of ceramics that include silicon nitride, toughened zirconia, and aluminum nitride among others. Researchers have also developed a range of advanced fibers such as Dyneema, Vectran, M5, and Zylon PBO which is estimated to have a positive impact on the advanced materials market.

Advanced materials provide improved chemical and physical properties, including high stiffness coupled with lightweight, superior strength in reinforcing fiber, high resistance to chemicals and temperature, dimensional stability, and high flexibility, among others. Some of the end-use applications of advanced material markets are in aerospace, electronics and semiconductor, automotive, and medical devices. Advanced composites can be segmented (on the basis of their matrix phase) into ceramic matrix composites (CMCs), polymer matrix composites (PMCs) and metal matrix composites (MMCs).Europe is the largest market for advanced materials, due to rampant growth of various end-use industries in the region. North America is estimated to be the fastest growing region in the advanced materials market, followed by Asia Pacific, mainly due to major investments in R&D by major players, rampant demand for high-tech materials across various sectors in the region and growing concerns about environmental safety. For example, advanced materials are used in wastewater treatment due to features such as enhanced redox, strong adsorption, and photocatalytic properties. Polyvinyl chloride membrane reactor works as an advanced material that helps in ground water safety by removal of nitrate.  

Extensive R&D in the field of advanced materials has led to the development of an enhanced range of advanced materials. Some of the newly developed products in the advanced materials market are superior strength polymers (PPS, PEEK, and Radel), fiber-polymer composites (epoxy lytex glass), and aluminum with silicon carbide or boron fiber whiskers. Other types of advanced materials include metallic glasses, pyrolytic graphite, hard coatings (titanium nitride, titanium aluminum nitride), doped mediums, and optical modulators among others.

Some of the major factors driving growth of the global advanced materials market are rising demand for lightweight vehicles in order to increase fuel efficiency and lower CO2 emissions, and increasing demand for graphene as an advanced material. Graphene has various highly sought after features such as being a material that is thin and strong, transparent and pliable, superior conductor of electricity and heat, and high frequency. This has led to its wide application in various sectors which is expected to drive growth of the global advanced materials market over the forecast period (2016–2024).

Advanced Materials–Regulatory Scenario

Various government regulations are in place across the globe pertaining to production, usage and export/import of advanced materials. For example, manufacturers and end users in the advanced materials market must take into account standardized rules and regulations defined by the Toxic Substances Control Act (TSCA), Environmental Protection Agency (EPA) for graphene production and usage. Also, the U.S. Environmental Protection Agency that regulates the usage of carbon nanotubes. The Regulation (EC) No 1935/2004 provides the safety guidelines for advanced packaging materials especially used in food packaging. The Directive 84/500/EEC provides the EU laws on advanced ceramic materials which come into contact with food items.

Increasing demand for lightweight vehicles is expected to drive growth of the advanced materials market over the forecast period. Lightweighting is a trend in the automotive sector as it allows superior fuel efficiency, improved safety, and greater overall performance of the vehicles. According to Scientific American (a leading science magazine), fuel economy of a car increases by 6 to 8% by decreasing its weight by one tenth. For example, Nissan significantly reduced weight of its 2016 model cars such as Altima, Frontier, and JUKE, among others. There is a misconception that lightweight vehicles are not as safe as heavy vehicles, which, previously was posing a challenge to the growth of the lightweight vehicles market. However, over the years the general conception regarding safety issues of lightweight vehicles has changed, thanks to newly developed lightweight vehicles offering enhanced safety. Newly developed advanced materials (carbon, aluminum, and magnesium composites) provide lightweight vehicles with greater safety features. Some of the newly developed cars that are manufactured using advanced materials are BMW and BMW i8. The passenger cell of these cars is made of carbon fiber reinforced plastic (CFRP) which is very strong yet 50% lighter than steel. According to Coherent Market Insights, the global sales of passenger cars were pegged at 73.9 million in 2015 which has created a highly conducive environment for growth of the advanced materials market.

Some of the factors restraining the growth of the advanced materials market are high price, complex fabrication, and low availability of advanced materials. Production and usage of advanced materials require experienced professionals and extensive and continuous research which, in turn would result in high investments. Some of the emerging technologies that could boost market growth during the forecast period are expandable polymer technology, which is projected to have a significant positive impact on advanced electronics. Also, bio-based polycarbonate is also expected to gain significant traction in the energy and gas sector over the forecast period. Some of the major companies operating in the global advanced materials market are Akzo Nobel, 3M Company, BASF, Dow Chemical, and Momentive Performance Materials Inc.

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Advanced Materials Published Insights

Coherent Market Insights

Friction Modifier Additives Market, By Application (Automotive Lubricant, Industrial Lubricant, Aviation Lubricants, Power Generation Lubricants, Rail Lubricants), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :Jul 2020

Friction modifier additives are additives that are widely used in the engine oil to reduce friction. They are also known as boundary lubrication additives and also reduce the emissions. Natural and synthetic fatty acids, esters, molybdenum disulfide and grap... Read more

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U.S. Lime Market, By Product Type (Quick Lime, Hydrated Lime), By Application (Cement Manufacturing, Metal Manufacturing, Chemical (Water Treatment, Flue Gas, Others), Fertilizer, Pulp & Paper, Others), and By Region (Northeast, Midwest, South, Western) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

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Lime is a calcium compound in the wastewater treatment process and is also used on the steel industry for removing which consists of calcium oxide and calcium hydroxide. It has a wide range of application across construction, chemical, environmental, and metallurgical... Read more

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Membrane Separation Market, By Technology (Microfiltration, Ultrafiltration, Nanofiltration, Reverse osmosis), By Application (Water & Wastewater, Industrial, Healthcare, Others), and By Region (North America, Europe, Asia Pacific, Rest of the World) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :Jun 2020

Membrane separation is an advanced technology that is used to separate the component from the mixture and is widely used across industrial and commercial sectors. It has excellent properties such as durability, porosity, stability, permeability, and selectivity. It is... Read more

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Energy Saving Window Film Market Report, by Component Type (Dyed, Pigmented, Metallized, Ceramic, and Others (Nano, etc.)), by Application (Construction, Automotive, Marine, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

Energy saving window films not only helps in conserving energy and maintaining the temperature indoors, but also protects the inside environment from harmful ultra-violet radiation of the sun. The global energy saving window film market is projected to surpass US... Read more

Coherent Market Insights

Emulsion Styrene Butadiene Rubber Market, by Product Type (Cold E-SBR, Hot Polymers, High Styrene Masterbatch, and Others), by Application (Automotive Tires, Adhesives & Sealants, Mechanical Goods, Industrial Rubber Parts (Hoses/Belts, Gaskets, and Seals), and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

Emulsion styrene butadiene rubber (E-SBR) is widely utilized in polymer modification of asphalt emulsions, which is used in the production of micro-surfacing fix formulation and hip seal. The stability in high temperature and flexibility in low-temperature exhibited b... Read more

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Industrial Garnet Market, By Product Type (Almandine, Andradite, Grossular, Pyrope, Spessartine, Uvarovite), By Application (Water Jet Cutting, Abrasive Blasting, Water Filtration, Abrasive Powders, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

Garnets belong to the silicate mineral group and are one of the toughest minerals which makes it ideal for use as an effective abrasive across various manufacturing facilities. Garnet is mainly found across igneous, metamorphic, and sedimentary rocks. Garnet is mostly... Read more

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U.S. Plastic-to-Fuel Market, By End Product (Crude Oil (Sold to Local Refiners), Diesel (Sold to End-User)), By Processors (JBL, Nexus), By Fuels (Agilyxm, Vadxx, GETH, RES Polyflow, Cenco) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

Plastic-to-fuel is an advanced technology used to convert plastic waste into liquid fuels in order to deliver environmental benefits. This process involves the development of ultra-clean and ultra-low sulfur fuel from unsorted waste plastic. In this process plast... Read more

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India Bullet-Resistant Glass Market, By Product Type (Polycarbonate, Acrylic, Glass-clad Polycarbonate, Polyvinyl Butyral (PVB)), By BRG Class (BR1, BR2, BR3, BR4, BR5, BR6, BR7, Others), By Application (Financial Services, Automotive, Buildings (Residential, Commercial)) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

Bullet-resistant glass is glass that provides resistance from bullets and small projectile. These glasses provide high-end security from any crime or terror attacks. Bullet-resistant glass is manufactured from ballistic products such as polycarbonate, glass-clad polyc... Read more

Coherent Market Insights

High Purity Quartz Market, By Product Type (HPQ Powder, Grade I, Grade II, Grade III), By Application (Semiconductor, Solar, Lighting, Telecom & Optics, Microelectronics, Others), and By Region (Asia Pacific, North America, Europe, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

High purity quartz is important industrial materials used across high-end electronics applications such as semiconductors, lighting, and photovoltaic (PV) solar panels. It is used to produce glass that has excellent optical transmission properties and the ability to w... Read more

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GCC and Levant 3D Printing Materials Market, By Filament Type (ABS, PLA, HIPS & PVA, Nylon, Wood, PET, Metals, Ceramics, Others), By Application (Electronics & Consumer Goods, Automotive, Medical, Industrial, Education, Aerospace), By Diameter Type (1.75 mm, 3 mm, Others) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

3D printing materials are used in the manufacturing of various plastic and metal materials. 3D printing materials are widely used in the lightweight component of automobiles and aerospace. In the medical industry, it is used along with the biocompatible metal such as ... Read more

Coherent Market Insights

Aluminum Laminated Film Market, by Process Type (Thermal Process and Dry Process), by Application (Lithium-ion Battery and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 ...

Published Date :May 2020

Aluminum laminated film is an aluminum foil or resin film composite material, which offers higher flexibility in molding, better heat dissipation, and it is light weight compared to metallic cans. These aluminum laminated film is widely used as packaging material for ... Read more