The rare earth metals market is divided by types, applications and geographical locations. Rare earth metals by types is a group of seventeen metals that include fifteen lanthanides. These fifteen lanthanides are praseodymium, neodymium, promethium, dysprosium, gadolinium, thulium, ytterbium, lanthanum, cerium, samarium, europium, holmium, terbium, erbium and lutetium with same chemical characteristics and the remaining two metals known as yttrium and scandium totaling seventeen rare earth metals.
Worldwide technical textiles market volume was evaluated at 143 billion US dollars in year 2014. Growth of automobile sector specifically in the evolving markets of Middle East region, Asia Pacific region and region of Latin America is predicted to drive the growth and expansion of the global technical textiles market. Technical textiles are used for safety, rubber items, floor coverings, balance, insulating items, protective gear and composites in automobiles.
Flourishing construction industry post economic recession is one of the major factors driving the hydraulic thermoplastic hose and couplings market. Increased industrial and agricultural mechanization are also instrumental in boosting the market demand. Superior characteristics offered as compared to rubber equivalents make thermoplastic hoses a preferred choice for hydraulic applications. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 4.7% during the forecast period 2015 – 2022.
The worldwide injection molded plastic market volume was evaluated at 199870 million US dollars during year 2014.The market is predicted to experience substantial growth & expansion in coming years owing to growing demand for plastic parts across different end use sectors like automobile industry, home equipments, packaging sector, medical instruments and electronics & electrical sector.
Flame resistant fabrics consumption has gradually increased in the market due to advanced technologies. Strict government regulations are another factor responsible for high demand of flame resistant fabrics in the market. The growing number of accidents in industries such as chemical, oil & gas and electrical & electronics have paved way for growth of flame resistant fabrics market.
With the rising advancement in 3D printing technology, the adoption of 3D printers is expected to increase substantially across different sectors. Additionally, high precision, speed and convenient manufacturing offered by 3D printing has already led to strong penetration of 3D printers across electronics, automotive and other industrial applications. This has led to strong demand for high performance 3D printing materials that offer higher flexibility, durability and stability.
The global thermal interface materials market is anticipated to grow at a CAGR of 12% during 2015 to 2022. The major factors driving the market are high demand of products in various end-users industries such as automotive electronics, telecom, industrial machinery, medical devices and consumer durables and others. Telecom and automotive electronics are the major end-user segments of thermal interface materials market. Telecom accounted as the largest application segment and automotive electronics accounted as the fastest growing application of global thermal interface materials market.
Growing demand for lightweight materials in the aviation industry has led to high demand aerospace plastics in the market. The lightweight of plastics have attracted manufacturers of the various end-user industries in the market. Lightweight plastics reduce fuel consumption, corrosion resistant and can be fabricated economically. These properties of lightweight plastics have created strong demand in the market for various applications in the aviation, marine, chemical and many other end-user industries. Aircrafts and its parts are made using heavy metals and aluminum.
This report analyzes the global gasket and seals market in terms of product type, end-use application, and geography. Based on product type, the global gasket and seals market is segregated into gasket (metallic gasket and non metallic gasket) and seal (body seal, shaft seal, and molded seal). Similarly, on the basis of end-use application, the market for gasket and seals is further classified into industrial manufacturing, automotive, electrical and electronics, aerospace, marine & rail equipment, and energy among others.
Modern firing techniques require modern kiln furniture, and higher energy costs have driven the desire for energy efficient products in recent years. Manufacturers of advance ceramics have become aware of important role that kiln furniture plays in the quality and economics of finished products. There are two fundamental requirements of kiln furniture: the kiln furniture arrangement should physically with stand the firing cycle and after surviving the cycle, kiln furniture should not affect, damage or ruin the finished product being fired.
Thermoforming is process of molding plastic sheet to desired shape using pliable temperature & pressure. Plastic sheets after molding is trimmed to form a usable product. Thermoformed plastics finds application in various food packing, appliances, healthcare products packaging, and in automobiles. Thermoforming plastics are preferred as the packaging material due to low cost and its aesthetic appearance of the products.
Rotomoulding Powder market was valued at USD 8,268.5 Bn in 2017 and expected to grow at a CAGR of 18.2% from 2018 to 2026. Rotomoulding powder is prepared from ethylene, one of the extract obtained during the refining of crude oil. It is used in manufacturing of various plastic products such as plastic water tanks, plastic septic tanks, automotive components, plastic packaging products, plastic furniture, decorative items, and other product.
This report titled “HDPE Pipes Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in HDPE pipes market along with the market size and forecast for the duration 2014 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on applications and geographical distribution.
This report titled “Plastic Pallets Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in plastic pallets market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based application and geographical distribution.
A decal paper is substrate that has printed on it a pattern or image that can be moved to another surface upon contact, usually with the aid of heat or water. There are various types of decal papers available in the market, such as laser decal paper, inkjet decal paper, tattoo decal paper, candle decal paper, wood decal paper, soap decal paper, etc. Decal paper has very long history and it is used in various applications such as, ceramics, glass, woodenwares, metals, crafts, toys, fishing rods & tackles, bicycles and motorbikes etc.
Oxygen enriched membranes possess properties such as better porosity, durability, permeability, selectivity and stability, which makes them a vital element in various industrial applications. The market is witnessing growth due to rise in demand for oxygen enriched membrane from various application areas.
The global industrial gloves market is relatively matured and is expected to witness steady gains during the forecast period 2017 – 2025. Government regulations promoting health and safety at workplace are instrumental in driving demand for industrial safety gloves worldwide.
Global quartz sand market is anticipated to witness high growth owing to increasing demand from various end use industries. Rapid growth in disposable income of the middle class fueling the demand for residential and commercial building, automobiles with in turn is driving the demand for glass, ceramic and other product. Further, increasing shale gas production in U.S. and Canada is also driving the demand for quartz sand over the forecast period (2017-2025)
Ammunition can be defined as the material which is fired, scattered, dropped or detonated by means of any weapon. These ammunitions can be in the form of bombs, rocket, shots, shrapnel, bullets and shells. The human race has a long history of wars and use of ammunition has been one of the key factors which have impacted a great many wars significantly from time to time.
Shrink films are made from polymer plastic film; plastic films are shrinked over the product to be packed with the application of heat through handheld heat gun. Common plastic materials used in shrink films are polyolefin, polyvinyl chloride (PVC), PETG (PET), oriented polystyrene (OPS) and polylactic acid (PLA). It is used in packaging of various beverages, electronic products, automotive, medicines, paper, textiles, etc. increasing demand from end use industries is projected to propel the demand for shrink film during the forecast period.
This report titled “Roofing Underlayment Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in the global roofing underlayment market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based on product type, application, and geographical distribution.
This report titled “Advanced Phase Change Material (APCM) Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the trends in advanced phase change material (APCM)market along with the market size and forecast for the duration 2017 to 2025. The said research study incorporates in-depth analysis of multiple market segments based product type, applicationand geographical distribution.
Tin is a silver colored, soft metal. It has properties such as corrosion resistance, low roughness factor and low melting point. Tin is broadly used in a metal form with other metals in order to form alloys. It is used in different industries such as automobile, electronics, food & beverage packaging. Tin is one of the most important metals used in the manufacturing of consumer electronics.
Composite are formed with two or more materials that when combined, produce a new material with superior qualities that are significantly different to those found in the individual base materials. Traditionally, materials such as metals, aluminum alloys, plastics and others were being used for manufacturing an aircraft’s. However, owing to composite properties such as lightweight, low density, high toughness and rigidity, low carbon emission and so on, have replaced the traditional materials.
The global electronic adhesives market was valued at USD 4.69 billion in 2016. Electronic adhesives market is mainly driven by the increasing trend of miniaturization of mobile phones and tablets, which led to the increasing demand of smaller components; hence, resulted in growth of electronic adhesives market.
Aluminum is approximately 10%-40% lighter than steel. Aluminum helps the vehicle to enhanced acceleration, improved braking, and superior handling. The stiffness of aluminum offers instant and specific control. Aluminum has the capacity of energy absorption in vehicle’s front and back crumple, along with the light weight property it ensures the improved safety, as it can stop at a short distances, and prevent collisions.
Advanced materials play a vital role in boosting the fuel efficiency of new vehicles along with ensuring high performance and safety. Light weight vehicles require less energy in acceleration and also increase the vehicle efficiency than heavier vehicles and deliver 6%-8% lesser fuel consumption. Substituting cast iron and steel components with lightweight materials such as advanced high-strength steel (AHSS), aluminum alloys, magnesium alloys, plastics, and thermosetting composites help to reduce the overall weight of a vehicle's chassis and body by 50% which in turn helps to minimize the consumption of fuel.
Cement is a binding agent and a key ingredient in concrete and mortar, which is mainly used in construction industry. The demand for cement is strongly correlated to the rate of economic development. Cement manufacturing is the third largest energy consuming and CO2 emitting sector.
Lyocell is a manmade fiber obtained from bleached wood pulp. Lyocell is also recognized by the name of Tencel in the United States. The strong fabric properties of Lyocell enhances it utilization for industrial purposes such as ropes, bandages, abrasive materials and automotive fillers.
The global carbon fiber reinforced plastic market was valued at US$ 32.21 billion in 2016. Carbon fiber reinforced plastic market is mainly driven by the increasing demand from developing economies coupled with environmental regulations towards energy efficient & environmentally friendly products.
Thermochromic materials change reversibly with changes in temperature. Using metal compounds or liquid crystals they can be made as semi- conductor compounds. The change in color happens at a determined temperature, which can be varied fixing the material. On the basis of product type the global thermochromic market can be segmented into irreversible and reversible materials. Reversible materials is preferred over the irreversible materials. They do not have the ability to return to their original state therefore are widely used in baby products and chemical containers market.
Technical textiles are reported to be the fastest growing sector of the textile industrial sector and account for almost 19% (10 million tonnes) of the total world fiber consumption for all textile uses. Agro textile materials mostly produce by synthetics in various decompositions, utilized in the mode of either woven or nonwovens.
The global market for EMI Shielding Materials was valued at US$ 5,620.6 Mn in 2017 and expected to reach US$ 9,519.9 Mn by 2026, expanding at a CAGR of 6.2% during the forecast period. Asia Pacific was the largest region for EMI shielding materials in 2017 and expected to retain its position throughout the forecast period from 2018 to 2026.
Transformer cores are primary, secondary, or tertiary metallic windings used in diverse grades, and are fitted in transformers depending upon the type of transformer and its capacity. A low reluctance magnetic winding, also known as transformer core, is common to all the windings present in the transformer. The core is usually arranged around the windings to offer multiple paths for the magnetic waves to traverse.
Technical textile is the fastest growing sector in global textile industry and sector accounted for close to 10 Mn Tons (19%) of the total fiber consumption for textile uses. Most of the agro textile materials are synthetically produced and utilized in the mode of woven and nonwoven form. The applications of agro textiles is also now widen to protect the agro products like vegetables, plants, flowers and fruits from weather, birds, insects, weed, etc.
Currently, majority of the composite parts are made through highly labor-intensive manufacturing processes, which include hand layup, which results in lack of finishing leading to reduced applications in various industries. Composite industry has experienced many innovation and transformation in composite manufacturing process over last two decades.
Globally the maintenance cost of the water infrastructure, is very high. This is one of the major reasons for lack of attention in many countries towards repair and maintenance. In recent years, better technologies are being presented in the repair of water infrastructure, globally.
Polybenzimidazole (PBI) fiber is defined as the synthetic textile fiber which possess high chemical resistance and is inflammable in air. PBI fiber does not exhibit any melting point and therefore does not drip when exposed to flame and even at temperatures of 560˚C. In the textile industry PBI fiber is witnessing strong demand as they retain their strength without infringement even when exposed to extreme higher temperatures. In any case, under outrageous conditions, the fiber emanates little smoke.
Flexible glass is defined as a glass possessing a minimum thickness of 25 micrometers (microns). These are also known as innovative glasses as they are thinner and flexible than a human hair. Flexible glass is preferred over plastics, metals and silicon owing to its optical quality, surface quality, thermal capability, hermeticity, chemical compatibility and dimensional stability.
HFOs are composed from hydrogen, fluorine and carbon compounds similar to HFCs, but they are structurally different. HFOs have very short atmospheric life leading to distinct environmental benefits. HFOs are subject to all the legislation that applies to the supply and use of chemicals, including REACH in the EU.
Steel is being used as stamping among automakers globally, to achieve desired strength standards along with safety of vehicles at lower costs. The metallurgical designation of vehicles incorporates the use of low-strength steels, conventional high strength steel (HSS) and the new advanced high strength steel (AHSS). Emphasis on reduction of greenhouse gas as well as enhancing the fuel efficiency among the transportation industry has led to development of high strength steel with improved features such as formability and crash worthiness (performance of vehicles in protecting its occupants in terms of crash).
The diamond-like term reflects that the film (coating) contains some portion of sp3 (diamond) and sp2 (carbon) bonding. This bonding has mechanical properties of the film different to the properties of a diamond. The diamond-like carbon (DLC) is an amorphous carbon material that displays some of the typical properties of a diamond. It is a thin film coating deposited on other materials to impart essential properties of diamond such as hard, chemical & scratch resistant, and to provide surface lubrication to minimize friction amongst others.
Carbon brush is a sliding contact made up of copper wires which transfers electricity from a still part in a device to the part which rotates in a rotating device. It is similar to the shape of a common brush which transfers current and shows excellent electrical conductivity along with resistance for high temperature.
Medium density fiberboard (MDF) is formed by transforming softwood or hardwood residues to fibers of wood and combining the output with wax and resin. In terms of physical properties, MDF majorly consists of wood fibers, combined with urea-formaldehyde, water, resin and paraffin in small quantities.
The global printing transfer paper market worldwide was valued at US$ 9,815.0 Mn in 2017 and is set to cross US$ 13,500.0 Mn by 2026, growing with a CAGR of 4.0% during the forecast from 2018 to 2026. Printing transfer paper market is heavily dependent upon customized apparels and accessories industry. The custom apparel printing industry has observed a significant growth in the last 4 years after economic slowdown in 2012/13. With continuous improving economic conditions in all major markets and rising income level, consumers are increasingly spending on fashion items and appeals increased significantly.
Bulletproof Security Glass Market is expected to reach US$ 11.36 Bn by 2026 with 11.3% CAGR during the forecast period from 2018 to 2026. In 2017, North America led the bulletproof security glass market and is estimated to be the fastest growing region between 2018 and 2026.
In terms of revenue, the global market for elastomers was valued at US$ 68.52 Bn in 2017, which is expected to reach US$ 104.17 Bn by 2026, witnessing CAGR of 5.1% during the period from 2018-2026. Asia Pacific led the elastomers market in 2017, followed by Europe. However, Asia Pacific also expected to project the fastest growth during the forecast period.
Smart glass is electronically switchable glass that is also known as switchable glass, privacy glass, electric glass, and intelligent glass. These are technically advanced type of glass which are coming to mainstream product line from being niche product.
Building thermal insulation market was totaled 26,167.7 kilo ton in 2017 and expected to grow at a CAGR of 4.6% from 2018 to 2026. Factors such as surge in demand for insulation from residential and non-residential application coupled with rising regulation for energy saving and efficiency fuelling the market growth during the forecast period from 2018 to 2026.
Bio-based polyethylene terephthalate (PET) market projected to exhibit the CAGR of 20.8% during the forecast period from 2018 to 2026. Bio-based polyethylene terephthalate (PET) market is currently gaining traction owing to rising demand for eco-friendly sustainable solution from end-use industries coupled with growing public awareness and increasing customer interest in bio-based plastics.
Starch-based Plastics market was 320.6 kilo ton in 2017, projected to exhibit the CAGR of 15.7% during the forecast period from 2018 to 2026. Starch is hardly usable as a bio plastics due mainly to its high melting point and brittleness and must be plasticized by application of heat, mechanical shear and the addition of plasticizer, mostly polyols and glycerine, etc.
The global market for latex caulk was valued at US$ 285.3 Mn in 2017 and expected to reach US$ 424.6 Mn by 2026, growing at a CAGR of 4.6% during the forecast period from 2018 to 2026. Asia Pacific accounted for the dominant share in 2017 and expected to retain its position throughout the forecast period.
Fluorinated solvents market value expected to witness the CAGR of 5.8% during the forecast period from 2018 to 2026. Fluorinated solvents are fluorine based solvent, a direct replacement of chlorinated and brominated solvents that have negative impact on the environment.
Synthetic Leather market value expected to witness the CAGR of 7.5% during the forecast period from 2018 to 2026. Synthetic Leather or artificial leather is a leather like plastic material that are direct substitute of natural leather in each and every end-use industry.
The global acrylate market is segmented based on product types into butyl acrylate, ethyl acrylate, methyl acrylate and 2- ethyl hexyl acrylate. Butyl acrylate is widely used in the production of acrylic polymers, paints, inks, polyethylene, textiles, adhesive and papers. Adhesives, coatings and textile are the major contributor for the growing demand of butyl acrylate across the globe.
Global Advanced Materials Market Analysis
Advanced materials display traits of higher quality than traditional materials like steel and aluminum, comprising enhanced resistance to high temperatures, and enhanced durability and strength. Few of the advanced materials have the ability of altering composition, remembering shapes and reacting to climatic alterations. These advanced materials are utilized in microscopic robots production. These microscopic robots referred as nanobots are utilized in medical and engineering applications.
The variety of advanced materials that are produced comprises of polymers, gels, metals and ceramics. They are utilized in items of daily consumer use like non stick Teflon cookware as well as in some specific items. Carbon nanotubes also referred as the high quality materials for thermal conductivity are more resistant than steel and has ability to transmit the flow of electrons by conduction. In market, advanced materials are utilized in a broad collection of materials and tools that includes water resistant silicon carbide whiskers, lightweight aerospace application equipments and microelectronics equipments used in engineering instruments as well as for cutting tools.
Key Market Sections
Beneath the advanced materials market sector, the global biomaterials market was estimated to cross 42.4 billion US dollars in year 2012 as per market professionals. The industry is predicted to expand at an annual growth rate of 20.25% touching approximately about 125.10 billion dollar mark by end of year 2020.
Earnings from the electronic parts and semiconductor industry increased nearly about 9.5% in second financial quarter of year 2012, as compared to same quarter of year 2011 as per the reports from an authentic source. There are about 15000 dealers in USA who are involved in the electronic parts business with combined yearly profit of about 260 billion US dollars. About 60% of total income produced by the advanced materials market sector only covers 55 firms making it a focused market sector. Leading firms in this sector includes Arrow Electronics firm and Avnet firm.
As per the research studies from an authentic source, semiconductor device industry value was estimated to surpass 35.10 billion dollars mark in year 2013. The industry was driven by wafer processing and was forecasted to represent greater than 81% of the universal advanced materials market by the end of year 2013. Both the semiconductor material market and semiconductor device market are closely related. Yearly growth for semiconductor material industry was forecasted at just below 8% for three year period ending in 2013 but it should have crossed 305 billion US dollars.
Nanotechnology sector touches various industries and most notably among them are medical fields as well as production sector. The global carbon nanotubes grades industry sector was predicted to touch one billion dollar mark by end of year 2014. This industry displayed an impressive growth of about 60% during that year from the reports provided by an authentic & a reputed research firm the worldwide nanotechnology products industry was evaluated about 19.7 billion dollars in year 2012. This industry was predicted to expand at an annual rate of more than 11.2% by the end of five year period concluding in year 2017.
Geographical Market Share
The advanced materials market of China has been expanding at a rate of more than 22.40% yearly. The growth in the market is predicted to remain more than 20% in future. The advanced materials industry of China was evaluated at more than 24 billion US dollars in year 2012 combining photo electronic equipments, advanced batteries, nanomaterials and rare earth materials. The market is concentrating its efforts on standard techniques predicted to enhance the self sufficiency of advanced materials by about 72% by end of year 2017.
Industry Overview
Straightforward growth and expansion in the advanced materials industry cannot be projected as scientific breakthroughs in this industry mean continuous development or growth of new materials. This industry is dictated in components by the emerging requirements of other industries like aerospace industry, healthcare industry and defense industry. Its potential growth and expansion is thus connected to other industries. New materials that are being researched include amphiphilic materials, spintronics, superconductors and modernized engineering polymers.
The growth and expansion of biomaterials market will be assisted by modifications in rules encouraging new product research and higher price efficacy due to best performance of biomaterials items. Greater association between producers and dealers through mergers and acquisitions will also result in growth and expansion of the advanced materials market. Government expenditure on healthcare industry should equally motivate market growth and this growth depends upon the growth rate of the economic recovery of the market.
