Press release
Global Advanced Materials Market Expanding at a CAGR of 4.6% during the forecast period 2023 – 3M Company, DowDuPont Inc., Hexcel Corporation, Hanwha Advanced Materials, Perpetuus Advanced Materials, Thomas Swan & Co. Ltd
The global Advanced Materials Market was held to be USD 1,451.7 Billion in 2017. With a CAGR of 4.6%, the market is forecasted to reach USD 1,910.2 Billion by the end of 2023. The market is driven by the rapid industrialization across the globe. Apart from this, widespread use of advanced materials in various industries such as manufacturing & construction, aerospace, consumer electronics, automotive and others is believed to be a prime factor supplementing the growth of global advanced materials market. Further, healthy growth of end use industries is expected to fuel the growth of advanced materials market during the forecast period i.e. 2018-2023.
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The report begins with an overview for Advanced Materials market. The research report broadly covers analysis of key market drivers, challenges, opportunities and trends. The study also provides separate analysis to understand market size, projections and macroeconomic indicators of global regions that affects the market share. The report also offers an extensive coverage of various industry players along with their recent product launches and market activities. The report also goes through porter’s five analyses for getting a better understanding about the forces that shape competition within the industry. There is a timeline considered for useful analysis i.e. 2017 is considered as base year, 2018 as estimated year and 2019-2023 as forecasted year.
The market is divided into various segments and further sub-segments to drive the useful insights that can be utilized for company revenue growth and business. The Advanced Materials market is segmented on the basis of –
By Product Type
- Structural Material
- - - Steel
- - - Light Alloys
- - - Advanced Composite Material
- - - Particulate Material
- - - Ultra-high Temperature Material
- Functional Material
- - - Electronic Material
- - - Energy Material
- - - Optoelectronic Material
- - - - Smart Material
- - - Earth Abundant Element Based Functional Material
- Emerging Material
- - - Nanomaterial
- - - Biomaterial
- - - Polymeric & Soft Material
- - - Bio Inspired and Patterned Functional Materials
By End User
- Building & Construction
- Automotive
- Aerospace
- Defense
- Marine
- Electrical & Electronics
- Healthcare
- Oil & Gas and Energy
- Others
The research also does a separate geographical analysis that comprises both the region wise and country wise analysis. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) , Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa). As per the report, Asia Pacific is likely to be the market giant in the upcoming years.
Considering the competition, the major vendors providing Advanced Materials techniques across the globe are –
- 3M Company
- DowDuPont Inc.
- Hexcel Corporation
- Hanwha Advanced Materials
- Perpetuus Advanced Materials
- Thomas Swan & Co. Ltd
- Huntsman Corporation
- Morgan Advanced Materials
- TATA Advanced Materials Limited
- Wolverine Advanced Materials
- Other Major & Niche Key Players.
These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, business expansions, partnerships and collaborations, and mergers and acquisitions, to expand their offerings and further expand their presence in the global Advanced Materials market.
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Table of Contents:
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Advanced Materials Market
3. Global Advanced Materials Market Trends
4. Opportunities in Global Advanced Materials Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Advanced Materials Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Global Advanced Materials Market Segmentation Analysis, By Type
9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. Structural Material
9.4.1. Steel Market Size & Forecast (USD Million), 2017-2023
9.4.2. Light Alloys Market Size & Forecast (USD Million), 2017-2023
9.4.3. Advanced Composite Material Market Size & Forecast (USD Million), 2017-2023
9.4.4. Particulate Material Market Size & Forecast (USD Million), 2017-2023
9.4.5. Ultra-high Temperature Material Market Size & Forecast (USD Million), 2017-2023
9.5. Functional Material
9.5.1. Electronic Material Market Size & Forecast (USD Million), 2017-2023
9.5.2. Energy Material Market Size & Forecast (USD Million), 2017-2023
9.5.3. Optoelectronic Material Market Size & Forecast (USD Million), 2017-2023
9.5.4. Smart Material Market Size & Forecast (USD Million), 2017-2023
9.5.5. Earth Abundant Element Based Functional Material Market Size & Forecast (USD Million), 2017-2023
9.6. Emerging Material
9.6.1. Nanomaterial Market Size & Forecast (USD Million), 2017-2023
9.6.2. Biomaterial Market Size & Forecast (USD Million), 2017-2023
9.6.3. Polymeric & Soft Material Market Size & Forecast (USD Million), 2017-2023
9.6.4. Bio Inspired and Patterned Functional Materials Market Size & Forecast (USD Million), 2017-2023
Continue…
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