Scope & Importance

Market Analysis

Materials Science Market Overview

USA

Because of the increasing application scope of nanomaterials in various industries such as biomedical, energy, electronics, and wastewater treatment, the United States market for nanomaterials is expected to grow the fastest in the region. The United States government invests heavily in nanotechnology in order to lead technological advancement around the world. Through the National Nanotechnology Initiative (NNI) programme, it coordinates work on nanomaterials.

The construction materials market in the United States is expected to be worth US$296.2 billion in 2021. China, the world's second largest economy, is expected to reach a market size of US$292.4 billion by 2026, growing at an 8.5 percent CAGR during the analysis period. Other notable geographic markets include Japan and Canada, which are expected to grow at 3.1 percent and 5 percent, respectively, over the analysis period. Germany is expected to grow at a CAGR of about 3.5 percent in Europe.

In 2016, the North American advanced ceramics market was valued at USD 16.539 billion. The market is expected to grow at a CAGR of 10.05 percent during 2018-2023 (the forecast period). In 2017, North America was the second-largest market, accounting for approximately 27% of the global market share.

The market for optical transceivers in the United States was estimated at USD 1,185.84 million in 2020, is expected to reach USD 1,382.81 million in 2021, and is expected to grow at a CAGR of 13.77 percent to reach USD 2,572.14 million by 2026.
The photonics market in North America is expected to grow at a CAGR of 7.41 percent between 2021 and 2028.

The carbon fibre reinforced plastic (CFRP) market is expected to reach $22.50 billion by 2025, growing at a CAGR of 9.41 percent between 2020 and 2025, owing to the increasing adoption of carbon fibre reinforced plastics over conventional metallic alloys in various end use industries such as automotive, aerospace, wind energy, and others. This is primarily due to CFRP's tensile strength, which ranges between 1500 and 3500 MPa, whereas its metallic counterparts, aluminium and steel, only have tensile strengths of 450–600 MPa and 750–1500 MPa, respectively.

Europe

The Europe Building Materials Market was worth more than USD 110 billion in 2020, and it is expected to grow at a 3.8 percent CAGR from 2021 to 2027. The increasing number of applications for lumber and panel products is expected to drive industry growth.

The Europe Construction Products Market was worth $89,090.4 million in 2017 and is expected to be worth $124,115.8 million in 2023, with a CAGR of 5.7 percent from 2018 to 2023. The significant growth in the construction industry increased demand for construction products in Europe. Construction products such as siding, trim, flooring, roofing, and others are commonly used in all buildings to protect infrastructure from climate and energy challenges.

The European biomaterials market was worth USD 31653.10 million in 2022 and is expected to grow at a 14.30 percent CAGR to reach USD 61751.78 million by 2027.

During the forecast period, the European Semiconductor Market is expected to grow at a CAGR of 19.8 percent. By 2026, the European Semiconductor Market is expected to be worth $59,87 billion. The report examines the effect of the COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Because the lockdown was implemented differently in different regions and countries, the impact varies by region and segment. The report covered the current short-term and long-term market impact, and it would assist decision-makers in developing an outline and strategies for companies by region.

In the forecast period of 2022 to 2029, the Eastern Europe core materials market is expected to grow at a rate of 13.7 percent. The Data Bridge Market Research report on the core materials market provides analysis and insights into the various factors that are expected to be prevalent throughout the forecast period, as well as their effects on market growth.

Over the forecast period of 2019 to 2028, the Europe reinforcement materials market is expected to grow at a CAGR of 5.94 percent in terms of revenue and 4.03 percent in terms of value. The region's market growth can be attributed to factors such as technological advancements that reduce product cycle time, as well as the presence of well-established industries such as aerospace and defence, automotive, construction, and electrical and electronics.

The European polycarbonate sheets market is expected to be worth USD 514.17 million in 2020, with a CAGR of more than 3.5 percent in terms of revenue during the forecast period (2021-2026).

The Europe Pharmaceutical Packaging Materials Market was valued at US$ 3.24 billion in 2020, with total revenue expected to grow at a rate of 4.3 percent from 2021 to 2027, reaching nearly US$ 4.35 billion.

The carbon fibre market in Europe is expected to grow from US$ 721.82 million in 2019 to US$ 1,504.51 million by 2027, at a CAGR of 9.8 percent from 2020 to 2027. The increasing use of carbon fibre in the wind energy industry is boosting market growth in Europe. Growing demand for renewable resources has resulted in an increase in wind farm construction, with large tracts of land and coastal areas devoted to wind turbine operation.

Asia

The Construction Materials industry profile in Asia-Pacific provides top-line qualitative and quantitative summary information including: market size, market share and market growth rate (value and volume 2016-20, and forecast to 2025). The profile also includes descriptions of the market's leading players, as well as key financial metrics and an analysis of competitive pressures.

During the forecast period, the Asia Pacific Smart Materials Market would grow at a CAGR of 15%. (2017 - 2023). In changing environments, smart materials respond in a controlled manner. Smart materials, which have a distinct molecular structure, respond to a wide range of external stimuli such as electric fields, magnetic fields, pressure, temperature, moisture, and chemicals. During the forecast period, Asia Pacific is expected to grow significantly.

The Asia Pacific advanced ceramics market was worth US$26.863 billion in 2017 and is expected to grow at an 8.27 percent CAGR over the forecast period to reach US$43.264 billion by 2023. Advanced ceramics are highly resistant to melting, bending, stretching, and corrosion. As a result, in high-performance applications, advanced ceramics are increasingly replacing plastics and metals.

The reflective materials market in Asia Pacific was valued at USD 1.54 billion in 2018 and is expected to grow at a CAGR of 6.1 percent between 2019 and 2025. Increased awareness of workplace safety and traffic safety management is projected to drive the market. The manufacturers have a large number of different suppliers. To the greatest extent possible, these businesses try to source raw materials from local vendors.

The Asia-Pacific insulation materials market is estimated to reach $50,035 million by 2023, expanding at a 7.4 percent CAGR between 2017 and 2023. Insulation materials are materials that are used to protect a vehicle, instrument, building or anything else from heat, electricity, or sound. These materials are classified according to the type of insulation provided: thermal insulation, electrical insulation, and heat insulation.

The Asia Pacific Soil Stabilization Materials Market was valued at US$ 9.90 billion in 2020 and is expected to reach US$ 16.86 billion by 2027, growing at a 7.9 percent CAGR during the forecast period. Soil Stabilization Materials are stabilisers that are added to natural soil to improve certain properties. Soil Stabilization Materials are used to improve soil's load bearing capacity, tensile strength, and overall performance. Soil Stabilization Materials alter the physical and chemical properties of soil by temporarily or permanently enhancing its engineering properties.

The Asia Pacific Automotive Lightweight Materials Market was USD 87.77 billion in 2019 and is expected to grow at a 7.9 percent CAGR through 2026.

The Asia-Pacific refractories market is expected to reach USD 18,539.39 million by 2025, up from USD 13,165.24 million in 2017, at a CAGR of 4.5 percent from 2018 to 2025. The new market report includes data for the years 2016 and 2017, the base year of calculation is 2017, and the forecast period is 2018 to 2025.

Middle East

The Middle East construction materials market report covers the market in depth by application, product type, and key regions such as the UAE, Saudi Arabia, Qatar, Kuwait, Oman, and the rest of the Middle East. The Middle East construction materials market outlook report provides an unbiased and detailed analysis of the current Middle East construction materials market trends, opportunities/high growth areas, and market drivers, assisting stakeholders in developing and aligning market strategies depending on current and future market dynamics.

The advanced ceramics market in the Middle East and Africa is estimated to reach US$6.100 billion in 2023, up from US$4.477 billion in 2017, at a CAGR of 5.29 percent over the forecast period. International players are actively focusing on expanding their presence in MEA, which will boost regional market growth in the coming years. Advanced ceramic properties such as high-temperature stability and corrosion resistance broaden the range of applications. Increasing R&D investment will propel regional growth in the coming years.

The Middle East 3D printing materials market is expected to grow at a CAGR of 16.7 percent during the forecast period. Furthermore, the Middle East 3D printing materials market volume is expected to grow at a CAGR of 11.2 percent during the forecast period.

The Middle East and Africa LED materials market is expected to be USD 0.67 billion in 2021, growing at a CAGR of 6.5 percent to become a USD 0.92 billion market. The abbreviated form LED stands for Light Emitting Diode. When electricity passes through certain diodes, they emit light whose properties are determined by the diode's chemical composition.

Target Audience

Materials Science and Nanotechnology Scientists/ Researchers
Material Engineers
Materials Industrialists
Materials Science and Nanotechnology Students
Physicists/Chemists
Junior & Senior research fellows of Materials Science/ Nanotechnology
Doctors, Professors, Researchers, Alumni and Technical staff from the field Materials Science Engineering
Delegates from different materials companies
Members of different Materials science societies and associations
Members of nanotechnology associations.
Eminent Scientists of Materials Science and Engineering
Materials Science Experts
Academicians
Chemical Engineers
Engineers and Delegates from Materials Science and Energy Materials companies
Directors/Co-Directors of Research-based companies across Europe and US who are investing in Materials Science, Nano Technology, Green Materials and Graphene