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 Carbon Prepreg Market

Published Date : Apr 2023

Carbon prepreg is a lightweight and durable composite that is used in high-performance applications. It is manufactured using a wide variety of processes that allow for the production of parts with exceptional strength and stiffness characteristics. Most prepregs cont... View more

Coherent Market Insights Hydroxyapatite Market

Published Date : Apr 2023

Hydroxyapatite is an essential component of both bone and teeth. This natural mineral makes up about 97% of tooth enamel and 70% of dentin. HA is also used in a variety of medical applications, including dental implants and hard tissue reconstruction. The most common ... View more

Coherent Market Insights Pvc Stabilizers Market

Published Date : Apr 2023

Stabilizers are an essential part of polyvinyl chloride (PVC) processing and are mainly used to prevent the decomposition of PVC during heating. During processing, PVC is heated to soften it and release the hydrogen chloride it contains that causes further decompositi... View more

Coherent Market Insights Bismuth Oxychloride Market

Published Date : Mar 2023

Bismuth oxychloride is an inorganic compound with the formula BiOCI, which finds its applications as a makeup colorant that provides an iridescent (shiny) effect. Moreover, it is utilized in pharmaceutical, automotive, and other industries. Therefore, the growth of th... View more

Coherent Market Insights Nanomaterials Market

Published Date : Mar 2023

Nanomaterials are materials that have a size range from a few nm to a few hundred nm. They are sometimes called nanoparticles or 'nano-scale particles', and they are used to create a wide variety of products and devices. These nanomaterials can be made from many diffe... View more

Coherent Market Insights Industrial Film Market

Published Date : Mar 2023

Industrial film is a type of production that targets a specific audience. It is used for a variety of purposes including employee training, education, marketing and fundraising. Industrial film was created to promote and publicize the products and services of its spon... View more

Coherent Market Insights India Masking Tape Market

Published Date : Mar 2023

Masking tape is referred as a type of pressure-sensitive tape which available in a different kinds of widths. It is a pressure-sensitive tape and made up of easy-to-tear paper. It is light weight adhesive which can be easily applied and removed without leaving any mar... View more

Coherent Market Insights Electrically Conductive Adhesives Market

Published Date : Mar 2023

Electrically conductive adhesives are an alternative to soldering and can be used in a variety of electronic applications that require mechanical bonding of components or a substrate. They are especially useful for applications where the substrate is temperature sensi... View more

Coherent Market Insights Silver Oxide Battery Market

Published Date : Mar 2023

Silver oxide battery is composed of zinc and silver oxide, and it is also called silver-zinc battery. Silver oxide battery have good shelf life, stable discharge voltage, and operates over a broad temperature range. It is commonly used in calculators, film cameras, wa... View more

Coherent Market Insights Conductive Inks Market

Published Date : Feb 2023

Conductive ink produced by infusing graphite and other conductive materials into ink. Conductive inks comprise silver, graphite, carbon, or any other precious metal coated base material. Conductive inks can be used in different ways such as, flexographic, screen print... View more

Coherent Market Insights High Alumina Aggregate Market

Published Date : Feb 2023

A white crystalline ingredient, ‘Alumina’ is typically made from bauxite. Alumina is widely used in engineering disciplines such as those involving anti corrosion compounds, wear and abrasion-resistant components, and the computer industry. Alumina has var... View more

Coherent Market Insights Synthetic Graphite Market

Published Date : Feb 2023

Graphite is one of the world's most abundant minerals. Its high energy density, long life cycle, and relatively low cost make it a desirable material for a number of applications. Among them is the production of lithium-ion batteries. The use of graphite in these batt... View more

Coherent Market Insights Tempered Coatings Market

Published Date : Feb 2023

Coated Glass contains a conductive oxide infrared reflecting layer that makes them water repellence, dirt and snow repellence, durable protection, cleansing properties, and corrosion resistance. It is used in different sectors like marine, aviation, building and const... View more

Coherent Market Insights Portable Lenses Market

Published Date : Feb 2023

Portable lenses are referred to lenses with compact size, and thus, are easy to carry from one place to another. Moreover, it offers convenient diversified shooting experience to the consumers of portable lenses. Portable lenses have bodies that are specifically creat... View more

Coherent Market Insights Mercury Removal Adsorbents Market

Published Date : Feb 2023

Mercury is a toxic heavy metal that has harmful effects on the digestive systems, lungs, kidneys, nervous, and immune systems. In addition, inorganic salts of mercury including mercuric oxide (HgO), mercuric sulphide (HgS), and mercuric chloride (HgCl2) are corrosive ... View more

Coherent Market Insights Indium Gallium Zinc Oxide Market

Published Date : Feb 2023

Indium gallium zinc oxide (IGZO) is a type of semiconductor material used in various electronic devices. It has a high electron mobility that makes it ideal for transistors and other components that need to switch quickly between on and off states. It is also used in ... View more

Coherent Market Insights Concrete Bonding Agents Market

Published Date : Feb 2023

Concrete bonding agents are synthetic and natural compounded materials that are used to enhance the bonding strength of a new concrete structure with the old structure without applying mechanical fasteners. These bonding agents are usually used for repair applications... View more

Coherent Market Insights Automotive Interior Materials Market

Published Date : Feb 2023

Automotive interior materials aim at offering comfort to the driver and enhancing the aesthetic appeal of the vehicle. Material of superior quality minimize engine vibrations and act as an effective cabin insulators, thereby enhancing riding experience. The growing co... View more

Coherent Market Insights Bioceramics Market

Published Date : Feb 2023

Bioceramics are a class of biomaterials that is used in dental and orthopedic implants. They are a porous material with a chemical bond to the bone. This material can be shaped, compacted, and reshaped, depending on the purpose of the product. The materials have prope... View more

Coherent Market Insights Bioactive Materials Market

Published Date : Feb 2023

Bioactive materials have many different uses, including tissue engineering, regenerative medicine, diagnostics, and wound repair. They can also have applications in cancer therapy and gene therapy. However, they also have limitations. For instance, they may be ineffec... View more

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