Transparency Market Research ADVANCED MATERIALS MARKET - GLOBAL INDUSTRY ANALYSIS, SIZE, SHARE, GROWTH, TRENDS AND FORECAST 2016 – 2024 Published Date 23-Dec-2016 166 Page Report Buy Now Request Sample Press Release Global Advanced Materials Market: Industrial Progress Offers Lucrative Opportunities : TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Advanced Materials Market REPORT DESCRIPTION Advanced Materials Market (Product - Ceramics, Glasses, Polymers, Composites, and Metals & Alloys; Application - Medical Devices, Automotive, Aerospace, Electricals & Electronics, Industrial, and Power) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Transparency Market Research states that the degree of competition in the global advanced materials market is relatively insubstantial. However, the global market is on the cusp of a revolution as several players are making big investments in developing state-of-art advanced materials to suit the modern needs of industries across the globe. 3M Advanced Materials held a leading share in the global market in 2015 of about 70%. The company’s dominance was a result of its wide product offerings and proprietary technologies it has been using for product development. According to the research report, the global advanced materials market is expected to be worth US$102.48 bn by 2024 as compared to US$42.76 bn in 2015. During the forecast years of 2016 and 2024, the global advanced materials market is expected to progress at a CAGR of 10.4%. Request for Sample of This Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7307 North America Paces Ahead with CAGR of 9.1% during Forecast Period Advanced materials are extensively being used in areas such as medical devices, automotive, electrical and electronics, power, and industrial amongst others. Out of these, the automotive segment is expected to dominate the global market in the coming years. This demand will be due to the increasing requirement for high-strength and lightweight components in the aerospace industry. The analysts state that the aerospace segment will surge at a CAGR of 10.8% during the forecast period in terms of revenue. Geographically, the market is segmented into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The report suggests that North America show a remarkable CAGR of 9.1% during the forecast period. However, this regional market is expected to mature in the coming years, giving emerging economies such as Asia Pacific and the Middle East and Africa a chance to flourish in the global market. Need for Improved Aerospace Components Shifts Preference toward Advanced Materials 2 Transparency Market Research Advanced Materials Market The booming development of sectors such as electrical and electronics and aerospace have been the driving factors behind the growth of the global advanced materials market. These materials have been in a great demand in these segments as they deliver better performance, strength, and durability. Improvement in the development and design of these materials has also improved their uptake in the past few years. Over the years, the extensive and exhaustive research and development have rendered these materials with high endurance to handle the amount of fatigue, abrasion, and stiffness. For the same reasons, composite materials are being adopted in manufacturing aerospace structures. Browse Full Market Research Report TOC: http://www.transparencymarketresearch.com/advanced-materials-market.html The market is also expected to be driven by the growing demand for electrical and electronics, which is slated to be characterized by miniaturization in the coming years. The adoption of ceramics will be significantly high in this segment as well as in medical equipment manufacturing. The automobile industry is also expected to be another leading end user of advanced materials due to the benefits these materials offer in improving the performance of vehicles. The growing prices of fuel and the increasing demand for efficient vehicles are expected to drive manufacturers to make vehicles that will be lighter in weight. Price Difference between Advanced and Conventional Materials to Hinder Market Growth The massive price difference between conventional materials and advanced materials is one of the key restraints in the global advanced materials market. Currently, carbon fiber reinforced polymers are used in industries such as aerospace, wind energy, and sports due to their excellent mechanical and thermal properties at high temperatures. Despite these advantages, the demand for carbon fiber is likely to suffer as its production is seven times more expensive than its conventional counterpart aluminum. The market could also be stifled by the high costs involved in manufacturing advanced ceramics, which demand controlled environment at a high temperature for achieving the desired result. Browse The Press Release For Report: http://www.transparencymarketresearch.com/pressrelease/advanced-materialsmarket.htm 3 Transparency Market Research Advanced Materials Market TABLE OF CONTENT 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Assumptions and Acronyms Used 2.2. Research Methodology 3. Executive Summary 3.1. Market Snapshot, Indicative (US$ Bn) 3.2. Top Trends 4. Market Overview 4.1. Product Overview 4.2. Market Indicators 5. Market Dynamics 5.1. Drivers and Restraints Snapshot Analysis 5.1.1. Drivers 5.1.2. Restraints 5.1.3. Opportunities 5.2. Global Advanced Materials Market Analysis and Forecast 5.3. Global R&D Expenditure on Advanced Materials 5.4. Use of Simulation and Big Data in Advanced Materials 5.5. Porter’s Analysis 5.5.1. Threat of Substitutes 5.5.2. Bargaining Power of Buyers 5.5.3. Bargaining Power of Suppliers 5.5.4. Threat of New Entrants 5.5.5. Degree of Competition 5.6. Value Chain Analysis 5.7. Advanced Materials Market Outlook 4 Transparency Market Research Advanced Materials Market 6. Advanced Materials Market Analysis, by Product 6.1. Key Findings 6.2. Introduction 6.3. Product Comparison Matrix 6.4. Global Advanced Materials Market Value Share Analysis, by Product 6.5. Global Advanced Materials Market Forecast, By Product 6.5.1. Ceramics 6.5.2. Glasses 6.5.3. Polymers 6.5.4. Composites 6.5.5. Metal & Alloys 6.6. Global Advanced Materials Market Analysis, by Product 6.7. Global Advanced Materials Market Attractiveness Analysis, by Product 7. Advanced Materials Market Analysis, by Application 7.1. Key Findings 7.2. Introduction 7.3. Application Comparison Matrix 7.4. Global Advanced Materials Market Value Share Analysis, by Application 7.5. Global Advanced Materials Market Forecast, by Application 7.5.1. Medical devices 7.5.2. Automotive 7.5.3. Aerospace 7.5.4. Electricals & Electronics 7.5.5. Industrial 7.5.6. Power 7.5.7. Others 7.6. Global Advanced Materials Market Analysis, by Application 7.7. Global Advanced Materials Market Attractiveness Analysis, by Application 8. Global Advanced Materials Market Analysis by Region 8.1. Global Market Size Growth Scenario, by Region, 2015 8.2. Global Advanced Materials Market Value Share Analysis, by Region 5 Transparency Market Research Advanced Materials Market 8.3. Global Advanced Materials Market Forecast, by Region 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. Middle East and Africa 8.4. Global Advanced Materials Market Attractiveness Analysis, by Region 9. North America Advanced Materials Market Analysis 9.1. Key Findings 9.2. North America Advanced Materials Market Overview 9.2.1. North America Advanced Materials Market Value Share Analysis, by Product 9.2.2. North America Advanced Materials Market Forecast, by Product 9.2.3. North America Advanced Materials Market Value Share Analysis, by Application 9.2.4. North America Advanced Materials Market Forecast, by Application 9.2.5. North America Advanced Materials Market Value Share Analysis, by Country 9.2.6. North America Advanced Materials Market Forecast, by Country 9.2.6.1. U.S. 9.2.6.2. Canada 9.3. North America Advanced Materials Market Attractiveness Analysis 9.4. North America Advanced Materials Market Trends 10. Latin America Advanced Materials Market Analysis 10.1. Key Findings 10.2. Latin America Advanced Materials Market Overview 10.2.1. Latin America Advanced Materials Market Value Share Analysis, by Product 10.2.2. Latin America Advanced Materials Market Forecast, by Product 10.2.3. Latin America Advanced Materials Market Value Share Analysis, by Application 10.2.4. Latin America Advanced Materials Market Forecast, by Application 10.2.5. Latin America Advanced Materials Market Value Share Analysis, by Country 10.2.6. Latin America Advanced Materials Market Forecast, by Country 10.2.6.1. Brazil 10.2.6.2. Mexico 6 Transparency Market Research Advanced Materials Market 10.2.6.3. Rest of Latin America 10.3. Latin America Advanced Materials Market Attractiveness Analysis 10.4. Latin America Advanced Materials Market Trends 11. Europe Advanced Materials Market Analysis 11.1. Key Findings 11.2. Europe Advanced Materials Market Overview 11.2.1. Europe Advanced Materials Market Value Share Analysis, by Product 11.2.2. Europe Advanced Materials Market Forecast, by Product 11.2.3. Europe Advanced Materials Market Value Share Analysis, by Application 11.2.4. Europe Advanced Materials Market Forecast, by Application 11.2.5. Europe Advanced Materials Market Value Share Analysis, by Country 11.2.6. Europe Advanced Materials Market Forecast, by Country 11.2.6.1. Germany 11.2.6.2. France 11.2.6.3. U.K. 11.2.6.4. Spain 11.2.6.5. Italy 11.2.6.6. Rest of Europe 11.3. Europe Advanced Materials Market Attractiveness Analysis 11.4. Europe Advanced Materials Market Trends 12. Asia Pacific Advanced Materials Market Analysis 12.1. Key Findings 12.2. Asia Pacific Advanced Materials Market Overview 12.2.1. Asia Pacific Advanced Materials Market Value Share Analysis, by Product 12.2.2. Asia Pacific Advanced Materials Market Forecast, by Product 12.2.3. Asia Pacific Advanced Materials Market Value Share Analysis, by Application 12.2.4. Asia Pacific Advanced Materials Market Forecast, by Application 12.2.5. Asia Pacific Advanced Materials Market Value Share Analysis, by Country 12.2.6. Asia Pacific Advanced Materials Market Forecast, by Country 12.2.6.1. China 12.2.6.2. Japan 7 Transparency Market Research Advanced Materials Market 12.2.6.3. India 12.2.6.4. ASEAN 12.2.6.5. Rest of Asia Pacific 12.3. Asia Pacific Advanced Materials Market Attractiveness Analysis 12.4. Asia Pacific Advanced Materials Market Trends 13. Middle East and Africa Advanced Materials Market Analysis 13.1. Key Findings 13.2. Middle East and Africa Advanced Materials Market Overview 13.2.1. Middle East and Africa Advanced Materials Market Value Share Analysis, by Product 13.2.2. Middle East and Africa Advanced Materials Market Forecast, by Product 13.2.3. Middle East and Africa Advanced Materials Market Value Share Analysis, by Application 13.2.4. Middle East and Africa Advanced Materials Market Forecast, by Application 13.2.5. Middle East and Africa Advanced Materials Market Value Share Analysis, by Country 13.2.6. Middle East and Africa Advanced Materials Market Forecast, by Country 13.2.6.1. GCC 13.2.6.2. South Africa 13.2.6.3. Rest of Middle East and Africa 13.3. Middle East and Africa Advanced Materials Market Attractiveness Analysis 13.4. Middle East and Africa Advanced Materials Market Trends 14. Competition Landscape 14.1. Advanced Materials Market Share Analysis by Company (2015) 14.2. Company Competition Matrix 14.3. Company Profiles 14.3.1. 3M Advanced Materials 14.3.1.1. Company Description 14.3.1.2. Business Overview 14.3.1.3. SWOT Analysis 14.3.1.4. Strategic Overview 14.3.2. Cerion LLC 14.3.2.1. Company Description 14.3.2.2. Business Overview 8 Transparency Market Research Advanced Materials Market 14.3.3. Morgan Advanced Materials plc 14.3.3.1. Company Description 14.3.3.2. Business Overview 14.3.3.3. SWOT Analysis 14.3.3.4. Strategic Overview 14.3.4. Materion Corporation 14.3.4.1. Company Description 14.3.4.2. Business Overview 14.3.4.3. SWOT Analysis 14.3.4.4. Strategic Overview 14.3.5. TATA Advanced Materials Limited 14.3.5.1. Company Description 14.3.5.2. Business Overview 14.3.5.3. SWOT Analysis 14.3.5.4. Strategic Overview 14.3.6. Hanwha Group 14.3.6.1. Company Description 14.3.6.2. Business Overview 14.3.6.3. SWOT Analysis 14.3.6.4. Strategic Overview 14.3.7. Huntsman International LLC 14.3.7.1. Company Description 14.3.7.2. Business Overview 14.3.7.3. SWOT Analysis 14.3.7.4. Strategic Overview 14.3.8. Hexcel Corporation 14.3.8.1. Company Description 14.3.8.2. Business Overview 14.3.8.3. SWOT Analysis 14.3.8.4. Strategic Overview 14.3.9. Thomas Swan & Co. Ltd. 9 Transparency Market Research Advanced Materials Market 14.3.9.1. Company Description 14.3.9.2. Business Overview 14.3.9.3. Recent Developments 14.3.9.4. Strategic Overview 14.3.10. GR Advanced Materials Ltd (Rioch) 14.3.10.1. Company Description 14.3.10.2. Business Overview 14.3.11. Park Electrochemical Corp. 14.3.11.1. Company Description 14.3.11.2. Business Overview 14.3.11.3. SWOT Analysis 14.3.11.4. Strategic Overview 14.3.12. The Lubrizol Corporation 14.3.12.1. Company Description 14.3.12.2. Business Overview 14.3.13. Advanced Materials and Manufacturing Technologies, LLC 14.3.13.1. Company Description 14.3.13.2. Business Overview About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street 10 Transparency Market Research Advanced Materials Market Suite 700, Albany, NY – 12207 United States, Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog: http://globalresearchmarket.blogspot.in/ 11 Transparency Market Research
According to the research report, the global advanced materials market is expected to be worth US$102.48 bn by 2024 as compared to US$42.76 bn in 2015. During the forecast years of 2016 and 2024, the global advanced materials market is expected to progress at a CAGR of 10.4%.
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