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.

View More

Advanced Materials Published Insights

Coherent Market Insights Magnetite Nanoparticles Market

Published Date : Dec 2022

Magnetite nanoparticles show fascinating physico-chemical properties that may be used for new bio-diagnostic and therapeutic strategies. Recent advances in synthesis methods allow researchers to precisely control the size of the particles. In addition, they can be des... View more

Coherent Market Insights Fumed Silica Market

Published Date : Dec 2022

Fumed silica, also known as pyrogenic silica, is a chemical substance that is produced by burning materials. It is made of microscopic droplets of amorphous silica that form chain-like secondary and tertiary particles. It is the main component of glass and ceramics. F... View more

Coherent Market Insights Aramid Fibers Market

Published Date : Dec 2022

Aramid fibers are used in military applications, such as helmets and spall liners. In addition, aramid fibers are used to reinforce nonmilitary vehicles. Aramid fiber composites are lightweight and secure and can reduce the weight of shielded vehicles by 30 to 60 perc... View more

Coherent Market Insights Beryllium Market

Published Date : Dec 2022

Beryllium is a colorless metal that can form covalent compounds with other elements. In addition to its metal-to-carbon ratio, this element can also bond with carbon directly, making it useful for many applications. Some of the most common beryllium alloys are alkyl a... View more

Coherent Market Insights Ion Exchange Membrane Market

Published Date : Dec 2022

The ion exchange membrane (IEM) is a membrane used in the separation of different chemical species. Its primary application is in wastewater treatment. It is also used in healthcare applications. The membranes are made of organic or inorganic polymers and contain pred... View more

Coherent Market Insights Thermoplastic Starch Market

Published Date : Dec 2022

Thermoplastic starch (TPS) is a polymer made from starch. It is a biodegradable material. Thermoplastic starch can be used in various products. There are several ways to manufacture thermoplastic starch. One way is to melt it. Then, it is dispersed in water. This proc... View more

Coherent Market Insights Free Machining Steel Market

Published Date : Nov 2022

Free cutting steels also known as free machining steels are those steels which form small chips when machined. This increases the machinability of the material by breaking the chips into small pieces, thus avoiding their entanglement in the machinery. This enable... View more

Coherent Market Insights Hydrophilic Coatings Market

Published Date : Nov 2022

Hydrophilic coatings exhibit water attracting properties by forming hydrogen bond with water and is extensively applied to a variety of surfaces and materials, which are used in medical devices, optics, and automotive industries. These coatings are ionic in nature and... View more

Coherent Market Insights Emi Shielding Materials Market

Published Date : Nov 2022

The growth in electronic industry and applications of electronic equipment in computation, communication, automation, space, biomedical, and other purposes results in electromagnetic interferences (EMI). EMI occur when the systems operate in close proximity. EMI shiel... View more

Coherent Market Insights Feldspar Market

Published Date : Nov 2022

Feldspar is an essential mineral in igneous, metamorphic, and sedimentary rocks. The classification of a number of rocks is based upon the presence of feldspar. Feldspar is one of the most abundant terrestrial rocks, which occurs in the form of crystals. Feldspar is a... View more

Coherent Market Insights Extruded Aluminum Profiles Market

Published Date : Nov 2022

Aluminum extrusion is a process by which aluminum alloy material is forced through a die with a specific cross-sectional profile. A powerful ram pushes the aluminum through the die and it emerges from the die opening. When it does, it comes out in the same shape as th... View more

Coherent Market Insights Australia Lime Market

Published Date : Nov 2022

Lime is also referred to as calcium hydroxide, is derived from the limestone such as quicklime and hydrated lime. Lime find application in building and engineering materials such as limestone product, concrete, cement, and mortar. Lime is also used in wastew... View more

Coherent Market Insights Low Voc Or Zero Voc Paints Market

Published Date : Nov 2022

Zero VOC and low VOC paints are not as durable as traditional paint, but they may last longer.  However, this type of paint is better for the environment and will reduce costs. Low VOC paint is easily accessible, and is available in a variety of colors. These pai... View more

Coherent Market Insights Engineered Wood Market

Published Date : Nov 2022

Engineered wood products are composed of raw wood combined with adhesives and resins. The raw wood can come from trees or from recovered wood chips and sawdust. The resins are typically synthetic. The mixture is then pressed together using heat and pressure. The final... View more

Coherent Market Insights Construction Composite Market

Published Date : Nov 2022

Construction composite materials are made from plastic polymer resins and strong fibers. The materials have high specific strength and are lightweight. These qualities contribute to their low cost and reduced construction time. They can be molded into any shape, inclu... View more

Coherent Market Insights Green Building Materials Market

Published Date : Nov 2022

Green construction is an environment-friendly building method that reduces waste, protects the environment, and promotes healthy living. Green buildings are constructed with recyclable materials, minimizing waste and increasing energy efficiency. Using recycled materi... View more

Coherent Market Insights Spandex Market

Published Date : Nov 2022

Spandex is a synthetic fabric with high elasticity. The word “Spandex” is not a brand name, contrary to common opinion. This term refers to polyether-poly urea copolymer fabrics that have been manufactured using various production processes. The spandex fa... View more

Coherent Market Insights Dye Sublimation Paper Market

Published Date : Oct 2022

In digital printing technique, dye sublimation is used, in which heat transfer technique is used on the image to the intend substrate. It prints graphics onto special transfer paper using sublimation inks. Dye Sublimation uses a heat press to transfer the ink-on-paper... View more

Coherent Market Insights Thermoplastic Polyurethane Films Market

Published Date : Oct 2022

Thermoplastic Polyurethane (TPU) Films are a versatile material that is used in many industries. They are lightweight, durable, and have excellent chemical and mechanical resistance. In addition, they can withstand high temperatures, which makes them a useful choice f... View more

Coherent Market Insights Pharmaceutical Plastic Bottles Market

Published Date : Oct 2022

Pharmaceutical plastic bottles are used in the packaging of pharmaceutical products, including pills and supplements. These bottles come in a variety of colors and have varying capacities. Some models also have light-resistant properties, which is beneficial for produ... View more

© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.