Advanced Materials Market is Set to Grow at a CAGR of 10.7% by 2025

New York, USA, 2018-Nov-01 — /EPR Network/ —According to Goldstein Research, innovative advanced materials technologies are expected to have a direct and positive impact on economic growth, quality of life and the environment, through improved products and processes.

Global advanced materials market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe. Healthcare industry, defense & aerospace, packaging, and construction industry are some of the top industries to benefit from the use of advanced materials in order to improve productivity, performance, sustainability and regulatory obligations.

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Market Segmentation

On the basis of our in-depth analysis, global advanced materials market can be segmented as follows:

By Product

  • Structural Materials
  • Functional Materials
  • Multifunctional Materials
  • Biomaterials

By End Users

  • Energy Sector
  • Aerospace
  • Automotive Industry
  • Marine Sector
  • Healthcare Sector
  • Packaging Industry
  • Construction Industry
  • Defense and Security

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

“Global Advanced Materials Market Outlook 2025” contains detailed overview of the global advanced materials market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and by end users.

Further, for the in-depth analysis, Global Advanced Materials Industry Analysis encompasses the industry growth drivers, risk analysis, market challenges, market attractiveness, Porter’s five force model, BPS (Base Point Scale) analysis and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as 3M Advanced Materials, Morgan Advanced Materials plc, Pyrogenesis Inc., Huntsman Corporation, Hexcel Corporation etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

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Overall, the report represents the global advanced materials market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players searching for opportunities and other investors to positions their market centred strategies according to the evolving and expected trends in the future.

Key questions answered in this Global advanced materials market report

  • What is the Global advanced materials market size by 2025 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the advanced materials market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to advanced materials industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Industry Analysis of advanced materials market which is driving on the basis of advancement in branches mention below

Nanomaterials Market

Nanomaterials have enabled nanotechnology to become one of the newest technologies in the market with the wide range of applications such as medical, aerospace, defense, energy, construction, automotive etc. Nanomaterial Market size is set to reach from USD 4.9 billion in 2016 to USD 17.8 billion by 2024, at a CAGR of 17.63% over the forecast years 2016 to 2024.

Lightweight Material Market

Researchers have constantly been developing new materials that are stronger and lighter than ever before, paving the way for more energy-efficient and eco-friendly future including everything from transportation to medical technology. On the basis of material type, metal alloys accounted for 56.4% market share of the total global lightweight materials market.

Composite Market

Rapidly growing applications in aerospace and automobile industries and the emergence of carbon fiber uses in wind energy are the key factors for the growth of the composites market across the globe. North America is the largest region for the composites market in 2016 and is expected to dominate the market during the forecast period of 2016-2024. North America composites market valued USD 10.9 billion in 2016 and is estimated to reach USD 14.7 billion by 2024.

Automotive composite Market

Stringent emission regulations and automobile manufacturer’s inclination towards boosting fuel efficiency and weight reduction are the major factors for the growth of the automotive composite market. Global automotive composite market to set to reach at a CAGR of 8.7% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 10.6 billion by the end of forecast period.

Armor Material Market

The investments in manufacturing of armor, government investments for defense and security and increasing threats is driving the adoption of advanced materials in manufacturing of armor. Global armor materials market is set to reach nearly USD 16.07 billion by 2025, growing at a CAGR of 7.1% over the forecast period (2017-2025).

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