Advanced Materials

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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

Atomic Layer Deposition Market, by Product (Aluminum Oxide, Metal, Catalytic, Plasma Enhanced, and Others), by Application (Solar Devices, Semiconductors, Electronics, Medical Equipment, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Jul 2022

Atomic layer deposition (ALD) is a thin film coating technique that deposits a film one atomic layer at a time on a component or system in a controlled manner. Traditional thin film technologies such as chemical vapor deposition (CVD), spin coating, and ... View more

Coherent Market Insights

PVC Pipes Market, by Type (Unplasticized, Chlorinated, Molecular Oriented, and Others (High Impact, etc.)), by Application (Irrigation, Water Supply, Sewerage, Plumbing, Oil & Gas, and Others (HVAC, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published Date : Jul 2022

PVC stands for polyvinyl chloride. It is a chlorinated hydrocarbon polymer. In its normal state, it is brittle and rigid. But, when combined with added substances, for example, plasticizers, it turns out to be stronger and moldable. Some of its applications are in cli... View more

Coherent Market Insights

Ball Clay Market, By Application: Ceramic Applications (Sanitary Ware, Wall and Floor Tiles, Tableware, Refractories, Other Ceramic Applications), Non-Ceramic Applications (Adhesives and Sealants, Rubbers and Plastics, Fertilizers and Insecticides), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Jul 2022

Ball clay is a sedimentary rock composed primarily of kaolinite. Commonly, they contain 20 to 80% kaolinite, 10 to 25% mica, and six to 65% quartz. Variations in composition may occur within a single deposit, particularly between localized seams. It is also possible t... View more

Coherent Market Insights

Microspheres Market, By Raw Materials (Glass, Polymer, Ceramic, Fly Ash, Metallic, Other Raw Materials), By Type (Hollow, Solid), By Application (Automotive, Aerospace, Cosmetics, Oil and Gas, Paints and Coatings, Medical Technology, Composites, Other Applications), By Region (North America, Latin America, Europe, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Jul 2022

The microspheres are generally stable, hygroscopic, and unstable. They are also prone to recrystallization, and the initial ratio of acetalated dextran to methylprednisolone should be selected carefully. Droplet microfluidics is a method used to prepare drug-loaded po... View more

Coherent Market Insights

Natural Fiber Reinforced Composites Market, By Fiber Type (Wood Fiber Composites, Non-wood Fiber Composites), By Polymer (Thermosets, Thermoplastics), By End-User Industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Sports, Other End-user Industries), By Region (North America, Latin America, Europe, Asia Pacific, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published Date : Jul 2022

Natural fibers, as compared to synthetic fibers, exhibit better thermal stability following chemical treatments. These treatments improve the mechanical, thermal, and wettability properties of the natural fibers. The chemical treatment also changes the fiber's morphol... View more

Coherent Market Insights

Mineral Wool Market, By Type (Glass Wool, Stone Wool, Other Types), By Product Type (Board, Blanket, Loose Wool, Other Product Types), By End-User Industry (Automotive and Transportation, Building and Construction, Industrial and Consumer Appliances, Other End-user Industries) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Jun 2022

This fibrous material is created by drawing or spinning a molten rock. Mineral wool exhibits low thermal conductivity due to its open cell structure. Thermal performance is influenced by outside climate, so moisture content is a negative factor. The material's moistur... View more

Coherent Market Insights

Lithium Market, By Type (Metal, Compound, Alloy), By Application (Battery, Grease, Air Treatment, Pharmaceuticals, Glass/Ceramic (Including Frits), Polymer, Other Applications), By End-User (Industrial, Consumer Electronics, Energy Storage, Medical, Automotive, Other End-user Industries), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : Jun 2022

Lithium compounds are highly soluble, so low concentrations of lithium in water do not harm the environment. The main industrial applications of lithium are based on its chemical properties. It is a highly reactive metal that easily loses one electron. It forms lithiu... View more

Coherent Market Insights

Fiber Reinforced Concrete Market, By Type (Natural Fiber, Synthetic Fiber, Glass Fiber, Steel Fiber, Other Types), By end-user industry (Infrastructure, Building and Construction, Mining and Tunnel, Industrial Flooring, Other End-user Industries), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published Date : Jun 2022

The use of fibers in concrete provides numerous benefits beyond improved durability. Fibers provide aesthetic value as well as increased durability. Fiber-reinforced concrete is a versatile mix, suitable for on-ground floors, pavements, and other construction parts. F... View more

Coherent Market Insights

Silicon Metal Market, By Product Type (Metallurgy Grade, Chemical Grade), By Application (Aluminum Alloys, Semiconductors, Solar Panels, Silicones, Other Applications), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published Date : Jun 2022

The silicon metal is manufactured using quartzite, a naturally occurring mineral that contains silicon dioxide. In the manufacturing process, quartzite is heated at around 2000°C in electric submerged arc furnaces. Quartzite is also mined from a nearby quarry. The... View more

Coherent Market Insights

Playground Hybrid Turf Market, by Type (With PP Artificial Grass Turf, With PE Artificial Grass Turf, With Nylon Artificial Grass Turf, and Others), by Application (School Playground, Public Playground, Stadium, and Others) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : May 2022

Hybrid turf is a product created by combining synthetic reinforcing fibers with natural grass. It is used for stadium pitches and training pitches and for association football, rugby, American football, golf, and baseball grounds. Reinforced natural grass can also be ... View more

Coherent Market Insights

Polyurethane Foam Insulation Materials Market, by Type (Flexible Foam, Spray Foam, and Rigid Foam), by Application (Building and Construction, Automotive, Medical, Packaging, and Others (Electronics, etc.)), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published Date : May 2022

Polyurethane is a plastic material that comes in a variety of shapes and sizes. It can be either rigid or flexible, and it is the material of choice for a wide range of end-user applications including refrigerator, freezer insulation, building insulation, etc.&nb... View more

Coherent Market Insights

Light Diffusion Film Market, by Raw Material (Polycarbonate, Acrylic Sheets, Polypropylene, and Others), by Type (0.215 mm & 0.23 mm), by Application (Window Glasses, Roof Skylights, and Others (Cinematography, Photography etc.), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published Date : May 2022

A light diffuser film is a semi-transparent piece of material placed in between a light source and a subject to diffuse the light as it passes through the film. The light diffusion film does not solely block or cut light, but redirects light as it passes through for a... View more

Coherent Market Insights

Advanced Phase Change Materials Market, By Product Type (Paraffin, Salt Hydrates, Others), By Application (Building and Construction, Commercial Refrigeration, HVAC, Energy Storage, Shipping and Transportation, Others), By Region (North America, Europe, Asia Pacific, Rest of world) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published Date : Mar 2022

Advanced phase change materials are basically used for storing and releasing of energy at a specific temperature. Advanced phase change materials enable the ability to manage the demand between energy requirements and usage. These materials store and release ener... View more

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