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 Fiber Reinforced Concrete Market

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

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

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

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 Machine Glazed Kraft Paper Market

Published Date : May 2022

Machine Glazed Kraft paper is an uncoated paper with shiny appearance on one side and a rough surface on the other side. It combines high tensile strength properties of Kraft paper together with smoothness and shine for excellent printability. MG is an ideal base pape... View more

Coherent Market Insights Light Diffusion Film Market

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 Food Grade Calcium Chloride Market

Published Date : Mar 2022

Calcium chloride is commercially manufactured using various methods such as refining of natural brine, reaction of calcium hydroxide with ammonium chloride in Solvay soda ash production, and reaction of hydrochloric acid with calcium carbonate. Majority of the calcium... View more

Coherent Market Insights Advanced Phase Change Materials Market

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

Coherent Market Insights Us Copper Clad Steel Wire Market

Published Date : Feb 2022

Copper clad steel (CCS) wires are the steel wires covered with copper. These wires offer combined conductive properties of copper and the high tensile strength of steel. The core material is low carbon steel and is used as the inner conductor of coaxial cables or as g... View more

Coherent Market Insights South Africa Formwork Market

Published Date : Feb 2022

Formwork are the temporary or permanent molds in which concrete and other materials are poured. The construction industry is rapidly expanding in South Africa. More number of buildings denote more developed cities. With the increasing number of buildings, construction... View more

Coherent Market Insights Masking Tapes Market

Published Date : Feb 2022

Masking tape is lightly adhesive, easy to tear, paper tape that can be smoothly applied and removed without leaving any mark. Masking tape is a smooth and mini-crepe paper tape, also known as painter's tape. Masking tapes adhere well, resist solvents or water from the... View more

Coherent Market Insights Water Based Colloidal Graphite Market

Published Date : Aug 2023

Colloidal graphite is made up of very fine graphite flakes suspended in liquids such as water, alcohol, petroleum oil, castor oil, glycerin, and others. Colloidal graphite dispersed in distilled water is known as water based colloidal graphite. Excellent lubricity, hi... View more

Coherent Market Insights India And Middle East Ceramic Membrane Market

Published Date : Jan 2022

Ceramic membranes are a type of artificial membranes and are used in membrane operations for liquid filtration. They can be used where aggressive media are present by contrast with polymeric membranes. Material types of ceramic membrane includes alumina, zirconium oxi... View more

Coherent Market Insights Wood Plastic Composite Market

Published Date : Jan 2022

Wood plastic composite (WPCs) is one of key product for engineering wood products that has been extensively used in the field of landscape, transportation, municipal engineering, and building construction. Wood plastic composite is gradually being used to replace the ... View more

Coherent Market Insights Metal Anodizing Market

Published Date : Dec 2022

Metal anodizing is an electrochemical process that converts the metal surface into a durable, decorative, corrosion-resistant, and anodic oxide finish. Anodizing is most commonly used for improved corrosion resistance on certain types of ... View more

Coherent Market Insights Smart And Interactive Textiles Market

Published Date : Dec 2022

Smart and interactive textiles are also known as smart fabrics. These fabrics are low weight and comfortable fabrics. These fabrics improve performance and add aesthetic value to the products. These fabrics are incorporated with smart technologies such as co... View more

Coherent Market Insights Specialty Valves Market

Published Date : Nov 2023

A valve is a mechanical mechanism that regulates, directs, or controls the flow of a fluid (gases, liquids, slurries, or fluidized solids) by opening, closing, or partially obstructing distinct pathways. Despite the fact that valves are technically fittings, they are ... View more

Coherent Market Insights Seam Sealing Tapes Market

Published Date : Nov 2023

Seam sealing tape is an adhesive tape that is applied to the seams of garments and other manufactured products to prevent moisture and water infiltration and strengthening the seam joints. Multi-layered tapes made of adhesive-coated sheet, plastic film, cloth, foam, a... View more

Coherent Market Insights Laminated Glass Market

Published Date : Nov 2023

Laminated glass comes in a category of safety glass that can be damage but still remain in one piece. An interlayer of polyvinyl butyral (PVB), ethylene-vinyl acetate (EVA), or thermoplas... View more

Coherent Market Insights Feldspar Market

Published Date : Nov 2022

Feldspars are a group of rock-forming aluminium tectosilicate minerals, containing sodium, calcium, potassium or barium. The most common members of the feldspar group are the plagioclase (sodium-calcium) feldspars and the alkali (potassium-sodium) feldspars. Feldspars... View more

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