Superconducting Materials are those which have a high conductivity level, i.e. the ones which can be used for various applications because they have no elastic limit at high temperatures or in extreme pressure conditions. The unique feature of superconducting materials is that they can be cooled down to very low temperatures without losing any of their properties, and still maintain their super-conducting properties after cooling down to room temperature. Many superconductors have already been developed and tested at low temperatures. Some popular superconductors include buckles, roll-off tapes, thin films, thin rods, thin wires, and magnetic bearings.
Market Dynamics:
Increasing adoption of electric grid system is expected to propel growth of the global superconducting materials market. For instance, in August 2021, ComEd, an electric utilities company and American Superconductor announced the successful integration of American Superconductor’s REG system, which utilizes high-temperature superconductor wire to enhance the reliability, resiliency and performance of the electric power grid.
Major players operating in the global superconducting materials market are focused on adopting M&A strategies to enhance their market share. For instance, September 2021, Superconductor Technologies Inc. announced to change its name to Clearday, Inc. after its merger with Allied Integral United, Inc.
Key features of the study:
- This report provides in-depth analysis of the global superconducting materials market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global superconducting materials market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Superconductor Technologies, Inc., American Superconductor, Evico GmbH, Hitachi, Ltd., Metal Oxide Technologies, Inc., Siemens AG, Hyper Tech Research, Inc., Toshiba Corporation, and Sumitomo Electric Industries Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global superconducting materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global superconducting materials market
Detailed Segmentation:
- Global Superconducting Materials Market, By Product Type:
- Medical
- Research & Development
- Electronics
- Others
- Global Superconducting Materials Market, By Function Type:
- Low temperature superconducting materials (LTS)
- High temperature superconducting materials (HTS)
- Global Superconducting Materials Market, By Region:
- North America
- Product Type
- Medical
- Research & Development
- Electronics
- Others
- Function Type
- Low temperature superconducting materials (LTS)
- High temperature superconducting materials (HTS)
- By Country
- Europe
- Product Type
- Medical
- Research & Development
- Electronics
- Others
- Function Type
- Low temperature superconducting materials (LTS)
- High temperature superconducting materials (HTS)
- By Country
- U.K.
- France
- Germany
- Rest of Europe
- Asia Pacific
- Product Type
- Medical
- Research & Development
- Electronics
- Others
- Function Type
- Low temperature superconducting materials (LTS)
- High temperature superconducting materials (HTS)
- By Country
- China
- India
- ASEAN
- Australia
- Rest of Asia Pacific
- Latin America
- Product Type
- Medical
- Research & Development
- Electronics
- Others
- Function Type
- Low temperature superconducting materials (LTS)
- High temperature superconducting materials (HTS)
- By Country
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Product Type
- Medical
- Research & Development
- Electronics
- Others
- Function Type
- Low temperature superconducting materials (LTS)
- High temperature superconducting materials (HTS)
- By Sub-Region
- Company Profiles
- Sonoco Products Company*
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments
- Future Plans
- Sealed Air Corporation
- Packaging Corporation of America
- Packaging Corporation of America
- BASF SE
- Cascades Inc.
- Pregis Corporation
- Ranpak Corp
- Storopack Hans Reichenecker GmbH
- Advanced Protective Packaging Ltd
“*” marked represents similar segmentation in other categories in the respective section.
