Advanced Materials

The global LTCC and HTCC market was valued at $2,919.0 million in 2021. This number is expected to increase to $4,125.6 million by 2030, advancing at a CAGR of around 3.9% during 2021–2030.

The global ethylene vinyl acetate market generated $7,060.8 million revenue in 2021, and it is expected to grow at a CAGR of 7.2% during 2021–2030.

The global water-based adhesive specialty tapes market was valued at $5,093.2 million in 2020, and it is expected to grow at a CAGR of 6.5% during 2020–2030.

The global self-healing materials market generated revenue around $1.1 billion in 2020, and it is projected to witness significant growth during the forecast period (2021–2030).

The global oxygen-free copper market stood at around $20.0 billion in 2020, which is expected to show significant growth during the forecast period (2021–2030).

Key driving factors for the global aerosol paints market include increasing number of immigrants, growing population, and rising number of nuclear families, which increase the need for residential buildings, which further creates the demand for paints, globally.

The prominent trend observed in the global pallets market is the adoption of technologies for tracking the flow of pallets. These technologies include radio-frequency identification (RFID) chips to leverage data insights at pallet level to track products, automate inventory, streamline supply chain, and extend pallet lifecycle, and also to provide several other benefits.

In order to reduce the noise pollution, many nations have started implementing new regulations, which results in high demand for low-frequency sound-absorbing insulation materials to lower noise level in vehicles.

A prominent trend observed in the global release liners market is the growing attention toward the recycling and reuse of release liners, worldwide. These are the paper and film-based sheets, used to prevent sticky surface from prematurely adhering.

The key trend observed in the global phase-change material market is the growing awareness on energy conservation and sustainable development. In addition, the increasing usage of these materials for transporting life-saving drugs and perishable food products is contributing to the market growth.

The global thermal interface materials market is projected to showcase strong growth in the coming years on account of the increasing demand for rapid heat dissipation solutions for miniaturized electrical devices and electronic gadgets, and light-emitting diodes (LEDs).

The global thermal paper market is projected to showcase strong growth in the coming years on account of the increasing demand for labels, tags, and invoice bills in verticals such as e-commerce, banking, entertainment, and retail.

The global aerosol market was valued at $81.1 billion in 2019 and is expected to showcase a CAGR of 6.4% during the forecast period (2020–2030). This is majorly attributed to the surge in demand for personal care and household products, such as deodorants, hair sprays, room fresheners, and sanitizer sprays.

The global compressor oil market is expected to demonstrate significant growth during the forecast period (2021–2030), on account of growing end-use industries, such as manufacturing, construction, and power generation.

The global activated carbon filters market is projected to showcase a strong growth during the forecast period (2021–2030), on account of increasing focus toward water purification technologies, along with stringent regulations imposed by governments for releasing treated wastewater. Additionally, surging focus toward reducing industrial waste discharge is projected to boost the adoption of activated carbon filters in coming years.

The global beryllium market is projected to showcase strong growth in the coming years, on account of the rapid industrialization, which is creating a huge spur in demand for the compound, particularly in the automotive and aerospace & defense sectors. Increased government spending on military aircraft and the rise in demand for passenger cars are expected to propel the demand for beryllium in the near future.

The global microfiltration membrane market stood at $2,885.57 million in 2019. The market is expected to demonstrate a CAGR of 9.0% during 2020–2030.

Lubricants market is expected to record a CAGR of 2.3% during 2020–2030. This growth can be attributed to the flourishing automotive industry in China, Brazil, and India and surging awareness among customers regarding the usage of lubricants.

The global 3D printing filament market generated revenue of $693.1 million in 2019. The market size is expected to reach $7,082.0 million by 2030, showcasing a CAGR of 26.8% during the forecast period (2020–2030).

Transparent ceramics are polycrystalline materials with certain light transmittance, which are stronger, harder, and more corrosion-resistant in comparison to optical resin and glass materials.

Investments in research for the development of new advanced materials and for the improvement of existing products in terms of properties is the key trend witnessed in the global advanced materials market.

Recent development in the global protective clothing market is primarily due to rapid enhancement in technology and stringent regulations by governments of various developed countries, which mainly include countries of North America and Europe. Various industries have also considered employees’ safety as a major concern and have also started to address the same.

The growth in the global advanced ceramics market is primarily driven by the heavy demand for these ceramics in industries such as defense and security, automotive, medical, and electrical and electronics. Owing to their ability to demonstrate high efficiency, even in extreme weather conditions, these ceramics are widely integrated in various products and equipment used in these industries.

The trend witnessed in the global 3D printing ceramics market is increasing investments for outsourcing the 3D printing by various end-use industries such as healthcare, electronics, and aerospace. 3D printing has revolutionized the manufacturing process in several industries. The technology has created immense opportunities for product designing and helped in consolidating product assembly processes.

The global electroceramics market was valued at $8,590.9 million in 2017 and is projected to reach $12,084.4 million by 2023, demonstrating a CAGR of 5.9% during the forecast period. This is due to high consumption of these ceramics in manufacturing of electronic and automotive components and devices, electrical systems, medical sensors and implants.

The activated carbon market has been on the forefront of witnessing recent advancements in reactivation service techniques and their integration to the global supply lines of activated carbons. Furthermore, these have affected the demand-supply dynamics of these solids.

The major trend being observed in the balsa core materials market is the shift in the preference of wind turbine manufacturers, from the use of conventional metal-based materials to balsa core materials for the manufacturing of turbine blades.

The major trend being witnessed in the global barite market is increased investments by companies to boost the exploration and production of the mineral (barite). Owing to the large-scale application of the mineral in various industries, a large number of market players engaged in the processing of the mineral are focusing on expanding their production capacity.

The major trend being witnessed in the global cooling fabrics market is shifting consumer preference from conventional clothing materials to comfortable clothing materials such as cooling fabrics. Owing to the extremely hot climatic conditions in several countries or in activities involving increase in body temperature due to physical activities or surroundings, the consumers are increasingly favoring such clothing materials. 

The global tungsten carbide powder market was valued at $1,762.1 million in 2017, and it is forecasted to display a CAGR of 3.6% during the forecast period (2018–2023) to reach $2,176.8 million by 2023.

The key trends identified in the glass packaging market are a shift in demand for packaging products, from traditionally favored plastic to glass, in the pharmaceutical, and food and beverage industries, and recent advancements in technology to make glass bottles compact and portable. These trends also correspond with the growing consumer preference for glass bottles owing to the virtually non-existent toxicity of these bottles and ultra-low levels of fouling.

The major trend being witnessed in the high-temperature gasket materials market is the increased investments for boosting the production of the material. Witnessing rapid development and expansion in end-use domains, such as chemicals, oil and gas, and power generation, across different countries across the world, the companies engaged in the production of gasket materials are also looking into expanding their production capacity.

The 3D printing materials market revenue stood at $558.4 million in 2017, and it is projected to cross $1,365.6 million by 2023, progressing at a CAGR of 16.7% during 2018–2023.

The global biocomposites market was valued at $4,167.2 million in 2017 and is projected to reach $8,473.4 million by 2023, witnessing a CAGR of 12.8% during the forecast period. The market growth is driven by factors such as increasing demand for green composites from automotive industry and low environmental impacts of natural composites.

The global bio-ceramics and piezoceramics market is expected to grow at a stable rate during the forecast period owing to its increasing use in the applications such as orthopedic implants, diagnostic instruments, dental implants and others. Bio-ceramics and piezoceramics are used as biomaterials to fill in defects in tooth and bone, fractures, to replace diseased tissue, and to fix bone grafts.

The aramid fiber market is expected to grow at a significant rate during the forecast period owing to the use in aerospace and military applications attributing to the ballistic properties. Aramid fiber is a class of fibers which are heat resistant and strong structural strength. These fibers are used in different application including reinforcement in composites such as sport goods, military vehicles, aircraft, and others.

Worldwide, there has been tremendous growth in the electronics industry which is characterized by introduction of innovative and advanced electronic products. This has necessitated the need for development of substrates which are portable, efficient and are not bulky. Flexible substrate is an extremely-thin and light base components over which electronic devices are positioned during the assembling of electronic circuits which helped in the fabrication of flexible electronic products which are highly light weight in nature.

Globally, there has been a growing concern on promoting the safety of roads and construction activities. Retro reflective material is one such material which addresses this concern as this material is basically a reflective material used in enhancing the reflectivity of traffic signs, high-perceivability clothes, and different items during night time so they are securely be seen in the light of an approaching vehicle.

Nanocomposites are the composites in which, one or more than one phases show dimensions in the nanometer range. In recent years, these types of materials have emerged as an alternative for monolithics and microcomposites. These nano materials incorporate nanosized particles into a standard material matrix. 

Phosphorene is the single or few-layer form of black phosphorus with band gap in its molecular structure. In 2014, it was first isolated by scientists with the help of mechanical exfoliation technology. Owing to its molecular structure, the material offers excellent anisotropic electronic, optoelectronic, transport, thermoelectric, and mechanical properties.

Wood activated carbon is an acid washed activated carbon, manufactured by steam activation from coconut shells. It is high purity and high activity variant of activated carbon. Owing to its fine structure blocked by residues, it cannot be used as very active adsorption material. The material comes in two forms such as granular and powder. The wood activated carbon market is segmented on the basis of form factor, application, end user, and region.

Thermal ceramics helps in reducing energy consumption and emission in a variety of industrial applications. The different thermal properties of ceramic materials are important in design considerations such as thermal conductivity, thermal expansion, heat capacity, thermal shock resistance, and maximum service temperature.

The global ceramic fiber market is mainly driven by the increasing use of the fiber for meeting insulation needs in industries such as iron, steel, aluminum, power, glass, and petrochemical.

The global ceramic foam market is mainly driven by the large-scale use of the material as a metallurgical industry filter and as a thermal or sound-insulating material in the metal casting, automotive, and construction industries.

The global polycarbonate sheets market is mainly driven by the growing application of polycarbonate sheets in various end-use industries, such as automotive and transportation; electrical and electronics; and building and construction.

The global medical elastomers market is mainly driven by factors such as advancements in the thermoplastic elastomer (TPE) processing technology, growing demand for medical products incorporating elastomers, increasing government support, and rising awareness among people on improved healthcare facilities.

The automotive noise, vibration, and harshness (NVH) materials market is estimated to be valued at $7,579.8 million in 2017 and is projected to reach $11,467.5 million by 2023, witnessing a CAGR of 7.2% during the forecast period. The growing demand for lightweight vehicles and increasing automobile sales are the major factors driving the growth of the market.

Valued at $2,376.7 million in 2017, the global aerospace composites market is projected to reach $4,234.4 million by 2023, witnessing a CAGR of 10.1% between 2018 and 2023.

The global spunbond nonwovens market is estimated to value $11,040.1 million in 2017 and is projected to grow at a CAGR of 8.1% during the forecast period. Increasing demand for the spunbond nonwoven fabric for manufacturing wipes, diapers, adult incontinence products, feminine hygiene products, and surgery clothing is driving the growth of the spunbond nonwovens market.

Organic light emitting diode (OLED) materials market attained a size of $6,000.0 million in 2016 and is projected to witness a CAGR of 24.5% during 2017-2023. Increase in demand for smartphones, rise in disposable income, increase in OLED materials demand from the automotive sector are driving the growth of the market.

PVDF membrane market is estimated to account for $720.1 million in 2017 and is projected to witness a CAGR of 7.9% during the forecast period. The growing demand for filtration technologies from water treatment plants, food and beverage, biopharmaceutical, and chemical industries is driving the growth of the market.

The global ceramic matrix composites (CMC) market was valued at $1,891.3 million in 2015, and it is predicted to register a CAGR of 13.7% during the forecast period (2016–2024), reaching $6,006.1 million by 2024.

Thermal spraying is a technology in which a high-temperature heat source is used to melt and accelerate micron-sized ceramics, metals or alloy particles to build a protective coating over industrial machine surface. Molten or partially molten particles spread over the surface of the component until several layers of coating are fabricated. These coatings provide resistance against degradation caused by erosion, corrosion and high temperature. The effectiveness and versatility of these coatings have increased their use in div

Conductive textiles are fabrics that can conduct electricity. Conductive fabrics or textiles are materials made by coating or blending with conductive metals including gold, carbon, titanium, nickel, silver and copper. Conductivity is established within thin layers by impregnation of the textile with thiophene derivative monomer followed by oxidative polymerization thereby, maintaining the flexibility of the textiles.

The construction composites market is estimated to grow during the forecast period (2017-2023) owing to their high strength-to-weight ratio, heat resistance, and lightweight that would increase the fuel efficiency in vehicles and provide structural stability to aircrafts, thereby resulting in high demand from aerospace and defense sectors. Additionally, the construction composites market is projected to grow during the forecast period due to the increasing penetration of composites in the construction industry and their long

The global metal replacement market is estimated to rise at a significant level during the forecast period (2017-2023) on account of the growing demand for metal replacing materials including plastics and composites in applications such as automobile, aerospace and defense industries.

The global carbon fiber market is estimated to grow during the forecast period (2017-2023) owing to the increase in demand of lightweight materials in end use industries such as sporting goods, aerospace and industrial applications. Additionally, the rise in the carbon fiber market is driven by the growing wind energy industry.

Owing to the lower costs associated with synthetic leather and rising applications in clothing, footwear, furnishing and automotive industries, the global synthetic leather market is estimated to grow at a significant level during the forecast period (2017-2023). The increasing demand-supply gap and high cost of genuine leather has led to the widespread adoption of synthetic leather. Synthetic leather, also known as faux leather, is a man-made polymeric material produced from PVC or PU. It is treated and dyed for making shoe

The global carbon fiber reinforced thermal plastics (CFRTP) market is expected to grow during the forecast period (2017-2023) due to increasing demand for fuel-efficient vehicles and the flexibility to mold CFRTP into complex shapes and designs.

The composite repair market is expected to rise during the forecast period (2017-2023) due to rising cost of the composite part replacements, and feasible and cost effective repairment. Commercial aircrafts namely Boeing 787 Dreamliner and Airbus A350 are showing a rise in composite contents thus providing an opportunity to carry out composite repairs on damaged structural parts of aircraft frames, wind turbine blades, automotive panels.

The global wind turbine composite materials market valued $3,970.4 million in 2015 and is expected to witness a CAGR of 7.8% during 2016–2022. The growing government support for wind power projects, strict environmental regulations, rising need for energy security and energy independence, and increasing wind power generation capacity across the world are the key factors supporting the growth of the market.

The global ceramic textile market is categorized on the basis of fiber type, end-use industry, foam type, and region. On the basis of fiber type, the global market has been segmented into vitreous alumina-silica ceramic fiber and polycrystalline ceramic fiber. Under vitreous alumina-silica, ceramic fiber has been sub-segmented into refractory ceramic fiber (RCF) and low bio-persistence ceramic fiber.

The global coated fabrics market is showcasing positive growth on the back of increasing demand from transportation, roofing, awnings and canopies, industrial, protective clothing, furniture and seating industries. Coated fabrics find their application in the transportation industry, due to its distinctive characteristics, such as water resistance, rot-proof, UV resistance, mildew resistance, and dirt and oil repellence. These fabrics improve durability, and are

The global composites testing market is witnessing strong growth on account of growing usage of composites in aerospace and defense, transportation and wind energy industries, and strict composites testing standards. Composites find their application in transport vehicles, and the interior and exterior structures of aircraft, on account of their superior performance and high strength. Composites are required to adhere to proprietary testing standards of the

The global flat steel market is expected to witness significant growth, during the forecast period. The global market for flat steel is being driven by wide spread industrial application of steel, rapid industrialization in Asia-Pacific and extensive application of steel in the construction industry. The major industrial applications of flat steel include construction, infrastructure, automotive, transportation, energy, industrial machinery, packaging and others.

The global concrete cooling market is expected to witness strong growth during the forecast period (2016-2022). The global market is being driven by increasing demand from the Middle East and Asia-Pacific regions. Additionally, the growth is being propelled by increasing demand for concrete cooling systems from other countries having high temperature. The necessity to control volume change, induced primarily by temperature change in mass concrete

The global silica aerogel market valued 273.0 million in 2015 and is projected to advance at a CAGR of 31.1% during 2016–2022. The market is expected to witness growth on account of the high adoption of silica aerogel for various applications.

The ballistic protection materials market is increasing significantly and offering huge growth potential. Globally, the increasing violence, insurgency and terrorist activities are generating huge demand for ballistic protection materials. Ballistic protection materials are the protective clothing, used to protect the soldiers, law enforcement forces, and vehicles from bullets, falling glass materials, explosive materials, mines, mortar and other hazardous materials. The companies are investing heavily in R&D activities

The global market for microcellular plastics is expected to grow at a CAGR of 8.0% during the forecast period. This growth is attributed to the increasing demand from food packaging and healthcare applications. Additionally, the demand is expected to increase from toy manufacturing industry, transportation, and electronic sector. Microcellular plastics offer enhanced and better properties in comparison to conventional materials.

The global market for solar control films was valued at $645.1 million in 2015, and it is expected to grow at CAGR of 9.4% during the forecast period.

In 2015, the global fire-resistant fabrics market was valued at $3,950.6 million, and the market is also projected to grow at a CAGR of 5.2% during the forecast period (2016–2022).

The global market for nanochemicals is expected to witness a fast-growing demand in the coming years owing to several factors. These include rise in demand for chemical-based products having numerous phases which provide with maximum product yields and enhances chemical reactions.

The global automotive lightweight material market valued $77.1 billion in 2015 and is expected to advance at a CAGR of 14.0% during 2016–2022 (forecast period). Geographically, North America led the market, with a consumption of 18,250.2 thousand tons of lightweight material in 2015.

The global market for filters is majorly driven by the rapid urbanization and growing population, which in turn has increased the prospects for industrialization, thereby fueling the demand for filters in the automotive industry.

In 2014, Europe and North America dominated the global sizing and thickening agents market by region. Developing countries are the primary exporters of thickening and sizing agents to North America and Europe. The developments in industries such as paper, textiles, and the growing demand for convenience food products in the Asia-Pacific region is driving the sizing & thickening agents market. 

The smart materials market is growing with a considerable rate due to the high convenience offering property of the smart materials technology to the increasing aging population in the world. Smart packaging in consumer goods is one of the major trends that can be seen in the smart materials market. The main focus of the manufacturers is expected to be on better design 

The adipic acid market is growing with the growth of end user industries including footwear, electronics and automotive in India and China and it is assumed to remain a remarkable factor driving the Asia-Pacific adipic acid market. The European and North American markets are highly driven by innovation and technology. Europe emerged as the second largest market for adipic acid. 

The increasing demand for dyes, plasticizers and resins has led to the strong growth of ortho-xylene market. Phthalic anhydride (a major application of ortho-xylene) is used to produce plasticizers, which are mainly employed in the construction of industries and automobiles. The primary end-users of phthalic anhydrides are unsaturated polyester resins and phthalates, which show 

Acoustic insulation application is the fastest growing application segment in the global aerogel market. The high porosity of aerogel reduces the sound velocity inside it, resulting in high sound absorption capacity. This is an important characteristic of aerogel that promotes its use as an acoustic solution. Efficient thermal resistance, reusability and recyclability of aerogel, lighter