Advanced materials usually outperforms other conventional materials with their superior properties such as toughness, hardness, durability and elasticity. The development of advanced materials has lead to the design of completely new products from wa ....see more
The global soft magnetic materials market is projected to reach USD 42.14 Billion by 2026, at a CAGR of 8.1%, from 2016 to 2026. Soft magnetic materials offer good permeability and also help in the reduction of eddy current losses. Thus soft magnetic materials are extremely useful in various applications such as motors, transformers, and alternators. Companies are investing in R&D for the development and manufacture of high quality soft magnetic materials. The growing automotive end-user industry is one of the major drivers for the soft magnetic materials market.
The global corrosion resistant resin (CRR) market was valued at USD 6.30 Billion by 2015 and is projected to reach USD 12.56 Billion by 2026. The market is projected to grow at a CAGR of 5.7% between 2016 and 2026. In this study, 2015 has been considered as the base year. The time period between 2016 and 2026 has been considered as the long-term forecast period while the time period between 2016 and 2021 has been considered as the midterm forecast period.
The global liquid packaging market size, in terms of value, is projected to reach USD 370.75 Billion by 2021, at a CAGR of 5.4% between 2016 and 2021. The high demand is attributed to the growing food & beverage industry globally. Players in this market are adopting various organic and inorganic strategies to expand their presence in the emerging economies such as Asia-Pacific, Middle East & Africa, and Latin America.
The global construction composites market is projected to reach USD 8.98 Billion by 2026, at a CAGR of 6.00%, during the forecast period, 2016 and 2026. The increase in the penetration of construction composites in the construction industry, the long life & low maintenance requirement, rapid urbanization & economic boom in the emerging countries and the development of innovative products, are key factors responsible for the growth of the construction composites market.
The global polymer processing aid market is expected to grow from USD 1.71 Billion in 2016 to USD 2.21 Billion by 2021, at a CAGR of 5.2% during the forecast period. Increasing applicability of plastics in end-use industries such as automotive, building & construction, consumer goods, and packaging is driving the growth of the global polymer processing aid market.
The market size of breathable membranes for construction industry is estimated to reach USD 1,617.2 Million by 2021, at a CAGR of 10.3% from 2016 to 2021. The cost effectiveness of the membrane, increasing demand for timber frame construction industry in European countries, and its excellent UV resistant properties with breathable characteristics over its alternatives such as non-breathable membranes and asphaltic papers are driving the market for breathable membranes.
The metal replacement market is projected to reach USD 159.82 Billion by 2021, at a CAGR of 9.2% from 2016 to 2021. The key factor propelling the growth of the metal replacement market is the increasing demand for metal replacing materials from the automotive and aerospace & defense industries. Major end-use industries in the metal replacement market include automotive, aerospace & defense, construction, healthcare, and others. In the automotive industry, metal replacing materials are used in the manufacturing of vehicle body parts, as well as various under-the-hood components.
The global market size of polysilicon is estimated to reach USD 8.90 Billion by 2021 at a CAGR of 13.0%. The market is primarily driven by the rapid growth of the key end-use industries, such as solar PV and electronics. However, the price decrease and anti-dumping policies hinder the growth of the global polysilicon market.
The market size of FRP tank is projected to reach USD 2.32 Billion by 2021 at a CAGR of 4.73%, between 2016 and 2021. The high demand for lightweight and superior properties of composites and the increasing demand of FRP tanks for heavy vehicles in North America and Europe are the key factors responsible for the growth of the FRP tank market.
The global ceramic textile market size expected USD 132.5 Million by 2021 from USD 74.5 Million in 2015, and is projected to register a CAGR of 9.94% in terms of value, between 2016 and 2015. High heat resistance capability of ceramic fibers in high temperature applications would drive the market. Emerging application industries, such as aerospace and alternate energy, would boost the ceramic textile market.
The global market size of electronics ceramics & electrical ceramics is estimated to reach USD 11.98 Billion by 2021 at a CAGR of 4.89%, in terms of value. The base year considered for the study is 2015 while the forecast period is between 2016 and 2021. The global electronics ceramics & electrical ceramics market is driven by the growing demand for light-weight, corrosion resistant, and advanced ceramic components. The report includes an analysis of the global electronics ceramics & electrical ceramics market by region, namely, Asia-Pacific, Europe, North America, the Middle East & South Africa, and South America.
The global automotive carbon thermoplastic market is projected to reach USD 549.4 Million by 2021, registering a CAGR of 29.65% between 2016 and 2021. Growth in production of automobile is increasing the demand for carbon thermoplastics market. Rising demand for fuel-efficient and light cars in developed and developing countries have triggered the growth of the carbon thermoplastics market.
The global epoxy resin market size is projected to reach USD 8.77 Billion by 2021 from the estimated USD 6.31 Billion in 2015, registering a CAGR of 5.77% between 2016 and 2021. The key drivers of the market are increasing penetration of composites, emerging demand from developing countries, and revolutionary advancements in weight reduction and safety.
The market size of composites in oil & gas industry is projected to reach USD 1.98 Billion by 2021, at a CAGR of 5.05% between 2016 and 2021. The increasing demand for non-corrosive and lightweight materials in the oil & gas industry and low maintenance cost of composites are the key drivers of the global market of composites in oil & gas industry.
The global glass insulation market was valued at USD 37.94 Billion in 2015 and is projected to reach USD 58.71 Billion by 2021, at a CAGR of 7.6% from 2016. This growth is mainly attributed to growth in the construction industry, rising demand for value-added glass products, increasing demand for green buildings, increasing cost of energy, and stringent government regulations.
The market size of composite tooling was worth USD 361.0 Million in 2015, and is projected to reach USD 551.8 Million by 2021, at a CAGR of 7.35%. Composite tooling is becoming crucial in automotive, aerospace, wind, and among others. The need for superior quality tooling and strong and rigid composite components is increasing the demand of composite tooling.
The closed molding composites is estimated to grow from USD 46.48 Billion in 2016 to USD 66.58 Billion by 2021, at a CAGR of 7.45% between 2016 and 2021. The base year considered for the study is 2015 and the market size is projected between 2016 and 2021. Increase in use of composites in aerospace & defense and wind energy applications are driving the market.
The market size of Southeast Asia waterproofing systems market is estimated to reach USD 5.35 Billion by 2021, at a CAGR of 14.52% during the forecast period. The rising demand for waterproofing is backed by the growing building & construction industry in the region, especially in the developing countries, such as Indonesia, Malaysia, Thailand, Singapore, and Vietnam. Rapid growth in the construction industry made it the largest contributor to the market in Southeast Asia in 2015.
The market size of fire resistant glass is projected to reach USD 7.36 Billion by 2021, at a CAGR of 12.9%. The market is estimated to be 17.43 Million square meters by 2021, at a CAGR of 10.5% between 2016 and 2021. The growing manufacturing industries, increasing demand for ceramic and laminated glasses in Western Europe and Asia-Pacific, and continuous new product launch/development, agreement/collaboration, expansion, and merger & acquisition activities undertaken by companies are the key factors driving the global fire resistant glass market.
The global market size of technical ceramics is estimated to reach USD 8.49 Billion by 2021 at a CAGR of 6.43%, in terms of value. The base year considered for the study is 2015 while the forecast period is between 2016 and 2021. The technical ceramics market is driven by improved environmental resistances. The report includes analysis of the technical ceramics market by region, namely, Asia-Pacific, Europe, North America, the Middle East & Africa, and South America.
The market size of high-temperature composite materials is projected to reach USD 5.01 Billion by 2021, at a CAGR of 8.41% during the forecast period. The introduction of safety norms in public transport as well as increasing demand for lightweight and high-performance composite materials in the aerospace & defense, transportation, and energy & power applications are key factors responsible for the growth of the high-temperature composite materials market.
The market size of continuous laminated FRP panels & sheets is projected to reach USD 1,084.7 Million by 2021, at a CAGR of 6.53% between 2016 and 2021. The growing manufacturing industries and continuous new product launches, partnerships, expansions, and mergers & acquisitions undertaken by various companies are the key growing factors of the global FRP panels & sheets market.
Heat Shield Market size of heat shield was USD 3.14 Billion in 2015 and is estimated to reach USD 4.19 Billion by 2021, at a CAGR of 5.06% during the forecasting period. The heat shield value chain includes raw material manufacturers such as Alcoa Inc. (U.S.) and ArcelorMittal S.A. (Luxembourg), and heat shield manufacturers such as Morgan Advanced Materials (U.K.), Dana Holding Corporation (U.S), and Federal Mogul Holding Corporation (U.S.). Furthermore, the products manufactured by these companies are used by companies related to automotive, aircraft, and defense (firearms) such as Toyota (Japan), General Motors (U.S.), BMW (Germany), Daimler (Germany), Airbus (France), and Boeing (U.S.).
The functional composites market is expected to grow from USD 28.62 Billion in 2016 to USD 43.35 Billion by 2021, at a CAGR of 8.7% from 2016 to 2021. Increase in the use of functional composites in various end-use industries is expected to drive the growth of functional composites market.
The global market size of synthetic rope is projected to reach USD 1.69 Billion by 2021. The market is projected to witness a CAGR of 5.9%, in terms of value, during the forecast period. In this study, 2015 is considered as the base year for estimating the market size of synthetic ropes. The market size is projected for the period between 2016 and 2021. The report presents the size and the potential growth of the synthetic ropes market across different market segments categorized on the basis of material type, application, and region.
The PMI foam market and other High Performance Foam Core (HPFC) market is estimated to grow from USD 43.1 Million in 2015 to USD 77.1 Million by 2021, at a CAGR of 10.2% between 2016 and 2021. The base year considered for the study is 2015 and the market size is forecast from 2016 to 2021. The report estimates the market size and future growth potential of the PMI foam market and other HPFC market across different segments such as application and region.
The wood-plastic composites market is projected to reach USD 5.84 Billion by 2021, at a CAGR of 12.4% from 2016 to 2021. Based on application, the wood-plastic composites market has been segmented into building & construction products, automotive components, industrial & consumer goods, and others. Based on type, the market has been segmented into polyethylene (PE), polyvinylchloride (PVC), polypropylene (PP), and others.
The Nomex honeycomb market is estimated to grow from USD 237.1 Million in 2015 to USD 383.3 Million by 2021, at a compound annual growth rate (CAGR) of 8.51% between 2016 and 2021. The base year considered for the study is 2015 and the market size is forecasted from 2016 to 2021. The report estimates the market size and future growth potential of Nomex honeycomb market across different segments such as application and region.
The global saturated polyester resin market is projected to reach USD 4.77 Billion by 2021, registering a CAGR of 5.83% from 2016 to 2021. The market is witnessing moderate growth owing to increasing applications, technological advancements, and growing demand for these resins in the Asia-Pacific and Europe. Saturated polyester resins are largely used in powder coating applications. The rapid growth of the market is driven by environmental concerns and increasingly stringent regulations.
The global petroleum resins market is estimated to reach USD 2.58 Billion by 2021, at a CAGR of 7.7%. The market is segmented by application, such as adhesives & sealants, printing inks, paints & coatings, rubber compounding, tapes & labels, and others applications; by type that includes C5 petroleum resins, C9 petroleum resins, hydrogenated hydrocarbon resins, and C5/C9 petroleum resins; by end-use industry such as building & construction, tire industry, personal hygiene, consumer goods, automotive, and others; by region, namely, North America, Middle East & Africa, Latin America, Asia-Pacific, and Europe. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021.
The Epoxy market is estimated to grow from USD 7.52 billion in 2015 to USD 9.96 billion by 2020, at a CAGR of 5.8% between 2015 and 2020. Huge investments by end-use industries such as wind energy, transportation, and increasing infrastructural development projects in the emerging economies are also driving the market. The emerging middle class population of China, India, and Brazil; changing life style; and improving standard of living of consumers depict the increasing demand for high quality epoxy products.
The global Polyurethane (PU) microspheres market is expected to reach USD 74.4 Million by 2020 from USD 47.6 Million in 2014, growing at a CAGR of 7.8% from 2015 to 2020. The base year considered for the study is 2014 and the forecast period considered is from 2015 to 2020. This report provides a detailed analysis of the PU microspheres market based on application and region.
The carbon fiber resin market is estimated to grow from USD 292.7 Million in 2016 to USD 532.7 Million by 2021, at a compound annual growth rate (CAGR) of 12.7% from 2016 to 2021. The report aims at estimating the market size and future growth potential of the carbon fiber resin market across different segments such as application, resin type, form, and region. The base year considered for the study is 2015 and the market size is forecast from 2016 to 2021.
The waterborne UV curable resins market recorded a market size of USD 122.2 Million in 2015, and is projected to reach USD 230.3 Million by 2020, growing at a CAGR of 13.52% from 2015 to 2020. The waterborne UV curable resins industry is witnessing high growth on account of increasing applications, technological advancements, and growing demand of waterborne UV curable resins in the European and North American regions. Waterborne UV curable resins are largely used in wood coating applications. The rapid growth of the waterborne UV curable resins market is driven by environmental concerns and increasingly stringent regulations.
The global high-performance film (HPF) market, in terms of value, is projected to reach USD 42.25 Billion by 2020, growing at a CAGR of 7.51% from 2015 to 2020. High-growth application areas such as construction, packaging, automotive & transportation, and electrical & electronics, and extensive product launch and agreement & collaboration activities by companies are key factors driving the growth of the global HPF market.
The global performance fabric market is projected to register a CAGR of 4.8% between 2015 and 2020 to reach a market size of USD 79.55 Billion by 2020. The performance fabrics market is currently growing on account of the technological developments in performance fabrics and the increasing demand for higher functionality and comfort fabrics from end-use industries. The base year taken for estimating the market figures of 2015 in the report is 2014. This report contains forecasts for the performance fabrics market between 2015 and 2020.
The global molding compounds market by thermoset resin type to grow from USD 8.04 Billion in 2015 to USD 10.96 Billion by 2020, at a compound annual growth rate (CAGR) of 6.40% between 2015 and 2020. The global molding compounds market by thermoset resin type has witnessed a strong growth in the past few years considering the high demand from the electrical application market. Thermoset molding compounds provides anti-corrosive and heat resistant properties which increase product life cycle and greater efficiency in electrical applications.
The SMC and BMC market is estimated to grow from USD 2.36 Billion in 2015 to USD 3.26 Billion by 2020, at a compound annual growth rate (CAGR) of 6.69% from 2015 to 2020. The report aims at estimating the market size and future growth potential of the SMC and BMC market across different segments such as application, fiber type, resin type, and region. The base year considered for the study is 2014 and the market size is forecast from 2015 to 2020. A shift in the trend from traditional materials such as iron, aluminum, and steel toward the usage of lightweight SMC and BMC is witnessed. SMC and BMC offer properties such high strength, corrosion resistance, fire & flame resistance, good electrical insulation, and a few others resulting in increased demand of the thermoset compounds.
The markets size of plastomers is estimated to reach USD 5.33 Billion by 2020, at a CAGR of 7.4% between 2015 and 2020. The report covers the plastomers market by application (film-food packaging, film-non-food packaging, film-stretch & shrink film, automotive, wires & cables, polymer modification, medical, and others); and by region (North America, Europe, Asia-Pacific, and RoW). Base year considered for the study is 2014 while the forecast period is between 2015 and 2020.
The global Polyphenylene Sulfide (PPS) market is estimated to reach USD 1,574.7 Million by 2020, registering a CAGR of 9.6% between 2015 and 2020. The market is driven by increasing demand for PPS in emerging markets and high demand from the automotive, electrical & electronics and filter bag application segments. PPS has unique properties, such as high temperature resistance, chemical resistance, flame retardancy, good electrical properties, and high dimensional stability, for which it is widely used in harsh fire-prone chemical environments.
The 3D PA (polyamide) market consisting of PA11 and PA12 is projected to reach USD 48.6 Million by 2020, at a CAGR of 26.59%, by scenario one and USD 85.1 Million, at a CAGR of 41.2% from 2015 to 2020, by scenario two. The key factors responsible for this growth is its increased usage in healthcare and aerospace & defense sectors for customized products. As the market is dependent on the commercial growth of the 3D printing technology, this report has been prepared based on two scenarios where scenario one represents normal growth and scenario two represents exponential one. These scenarios are based on certain factors such as rate of adoption by end-use industries.
The spandex fiber market was valued at USD 3.57 Billion in 2014, and is expected to grow at a CAGR of 7.2% from 2015 to 2020. The base year used for study is 2014 and the forecast period is 2015 to 2020. This report provides a detailed analysis of the spandex fiber market based on end-use, production process, and region.
Bioceramics and piezoceramics are materials which are made of alumina or hydroxyapatite, calcium phosphate, which are used in the body to replace a function like bone material or hips or knees, for instance. There are four major types of bioceramics and piezoceramics materials that are, bio-inert ceramics, bio-active ceramics, bio-resorbable ceramics, and piezoceramics. The global bioceramics and piezoceramics market is projected to be worth USD 16.3 Billion by 2020, registering a CAGR of 6.4% between 2015 and 2020. In this study, 2013 has been considered as the historical year and 2014 as the base year for estimating market size of bioceramics and piezoceramics.
The cellular concrete market size is estimated to grow from USD 337.6 Million in 2015 to reach USD 449.8 Million by 2020, at a CAGR of 5.9%. The segments considered for this report are based on end user, application, and region. The segmentation by end user consists of commercial buildings, residential buildings, and infrastructure. Based on application, the report has been segmented into building materials, road sub-bases, concrete pipes, void filling, roof insulation, and bridge abutment.
MarketsandMarkets expects the global composite decking & railing market to grow from USD 1.70 Billion in 2015 to USD 3.09 Billion by 2020, at a compound annual growth rate (CAGR) of 12.60% from 2015 to 2020. The global composite decking & railing market has witnessed a strong growth in the past few years considering the high demand of capped composites in the U.S., Germany and developing countries such as Middle East, Brazil and China. The growing construction industry in these countries is driving the composite decking & railing market.
The global crystalline PET market is projected to reach USD 12.16 Billion by 2020, at a CAGR of 9.0% from 2015 to 2020. The food packaging application segment is projected to account for the maximum share of the Crystalline PET market. This market has been segmented on the basis of by application and region.
The global 3D printing powder market is projected to reach USD 636.9 Million by 2020, at a CAGR of 24.4% from 2015 to 2020. The growth of the 3D printing powder market is primarily driven by the expiry of key patents for powder-based additive manufacturing in 2014 and increasing investments in research & development of powder-based technology.
The polymer blends and alloys to grow from USD 3.3 Billion in 2015 to USD 4.2 Billion by 2020, at a compound annual growth rate (CAGR) of 5.30% from 2015 to 2020. Polymer blends and alloys. The report aims at estimating the market size and future growth potential of polymer blends and alloys market across different segments such as application, types, and region. The base year considered for the study is 2014 and the market size is forecasted from 2015 to 2020. Polymer blends are replacing the traditional materials and base polymers in end user application industries, the automotive application is expected to play a key role in fueling the growth of the market in the next five years.
Barrier materials are categorized into varied types, such as PVDC, EVOH, and PEN, based on their functionalities. They possess inherent properties, such as high durability, strong impact and thermal, and chemical resistances. Barrier Materials: The global barrier materials market was valued at USD 1.74 Billion in 2014 and is expected to reach USD 2.64 Billion by 2020, at a CAGR of 7.26%, between 2015 and 2020
The cold insulation market size is projected to reach USD 5.7 Billion by 2020, at a CAGR of 7.8% during the forecast period. A material or combinations of two or more materials that can be used to prevent heat loss or heat gain to conserve the valuable energy are known as insulation materials. Depending on various applications, these materials can be manufactured in any size and shape. Insulation is the most cost-effective measure to combat climate change. Insulating materials have the ability to protect the environment from harmful greenhouse gases.