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Global Advanced Functional Materials Market: By Type: Advanced Functional Ceramics, Advanced Energy Materials, Conductive Polymers, Nanomaterials, Advanced Functional Composites; By End use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Advanced Functional Materials Market Outlook
The global advanced functional materials market is expected to grow at a CAGR of about 6.5% in the forecast period of 2023-2028. The market is primarily being aided by the rising demand from the medical sector. The Asia Pacific is the leading region in the industry with the growing demand from developing nations like India and China.
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Market Segmentation
Advanced functional materials help to reduce the total electricity consumption through effective signal and power transmission to all connected components. The thin conductors or interconnects that are used in advanced functional material-based miniature electronics help overcome the signal propagation, and power loss issues of large PCBs, as well as thick, interconnects.
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Based on its types, the market can be divided into the following:
- Advanced Functional Ceramics
- Advanced Energy Materials
- Conductive Polymers
- Nanomaterials
- Advanced Functional Composites
- Others
The market can be broadly categorised based on its end-use segments into:
- Automotive
- Medical
- Industrial
- Aerospace and Defence
- Energy and Power (incl. Chemical Industry)
- Others
The EMR report looks into the regional advanced functional material markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The production of lightweight, portable, and versatile substrate technological devices will fuel the demand for advanced functional materials in the coming years. The growing demand for miniaturisation and microelectronics has been identified as one of the critical market trends in the advanced functional materials industry that is expected to boost the industry growth. The highest demand for advanced functional materials are from the medical industry.
The nanomaterial is the dominating type of material in the industry. The use of nanomaterials is continually increasing in the nanomedicine sector of the healthcare industry. Nanomedicine is the application of nanotechnology for diagnosis, tracking, drug delivery, treatment, and control of the biological systems.
The lack of market expansion and technical innovation, however, are expected to impede the growth of the industry in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global advanced functional materials market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Morgan Advanced Materials plc
- KYOCERA Corporation
- Hexcel Corporation
- Nanophase Technologies Corporation
- KURARAY CO., LTD
- Murata Manufacturing Co., Ltd.
- Henkel AG & Co. KGaA (OTCMKTS: HENKY)
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End use, Region |
| Breakup by Type | Advanced Functional Ceramics, Advanced Energy Materials, Conductive Polymers, Nanomaterials, Advanced Functional Composites, Others |
| Breakup by End use | Automotive, Medical, Industrial, Aerospace and Defence, Energy and Power (incl. Chemical Industry), Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Morgan Advanced Materials plc [MGAM (LON)], KYOCERA Corporation, Hexcel Corporation, Nanophase Technologies Corporation [NANX (OTCMKTS)], KURARAY CO., LTD, Murata Manufacturing Co., Ltd. [6981 (TYO)], Henkel AG & Co. KGaA [HEN3 (ETR)], Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Advanced Functional Materials Market Analysis
8.1 Key Industry Highlights
8.2 Global Advanced Functional Materials Historical Market (2018-2022)
8.3 Global Advanced Functional Materials Market Forecast (2023-2028)
8.4 Global Advanced Functional Materials Market by Type
8.4.1 Advanced Functional Ceramics
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Advanced Energy Materials
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Conductive Polymers
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Nanomaterials
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Advanced Functional Composites
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Advanced Functional Materials Market by End Use
8.5.1 Automotive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Medical
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Industrial
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Aerospace and Defense
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Energy and Power (incl. Chemical Industry)
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Advanced Functional Materials Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Morgan Advanced Materials plc
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 KYOCERA Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Hexcel Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Nanophase Technologies Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Kurray Co. Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Henkel AG and Co. KGaA
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Murata Manufacturing Co., Ltd.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Advanced Functional Materials Market: Key Industry Highlights, 2018 and 2028
2. Global Advanced Functional Materials Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Advanced Functional Materials Market Forecast: Breakup by Type (USD Million), 2023-2028
4. 2023-2028
5. Global Advanced Functional Materials Historical Market: Breakup by End Use (USD Million), 2018-2022
6. Global Advanced Functional Materials Market Forecast: Breakup by End Use (USD Million), 2023-2028
7. Global Advanced Functional Materials Historical Market: Breakup by Region (USD Million), 2018-2022
8. Global Advanced Functional Materials Market Forecast: Breakup by Region (USD Million), 2023-2028
9. North America Advanced Functional Materials Historical Market: Breakup by Country (USD Million), 2018-2022
10. North America Advanced Functional Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
11. Europe Advanced Functional Materials Historical Market: Breakup by Country (USD Million), 2018-2022
12. Europe Advanced Functional Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
13. Asia Pacific Advanced Functional Materials Historical Market: Breakup by Country (USD Million), 2018-2022
14. Asia Pacific Advanced Functional Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
15. Latin America Advanced Functional Materials Historical Market: Breakup by Country (USD Million), 2018-2022
16. Latin America Advanced Functional Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
17. Middle East and Africa Advanced Functional Materials Historical Market: Breakup by Country (USD Million), 2018-2022
18. Middle East and Africa Advanced Functional Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
19. Global Advanced Functional Materials Market Structure
Key Questions Answered in the Report
The global advanced functional materials market is projected to grow at a CAGR of 6.5% between 2023 and 2028.
The major drivers of the industry, such as technological innovation, production of lightweight, portable and versatile substrate devices, and the growing product demand in the medical sector, are expected to aid the industry growth.
The key market trend guiding the growth of the market include the growing demand for miniaturisation and microelectronics.
The major regional markets are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa, with the Asia Pacific accounting for the largest market share.
Nanomaterials is the dominating type of advanced functional materials in the market.
The medical sector is the leading end use sector of the product in the market.
The major players in the industry are Morgan Advanced Materials plc, KYOCERA Corporation, Hexcel Corporation, Nanophase Technologies Corporation, Kurray Co. Ltd., Henkel AG & Co. KGaA, and Murata Manufacturing Co., Ltd, among others.
Analyst Review
The global advanced functional materials market is being driven by the growing production of lightweight, portable, and versatile substrate devices, and the growing medical industry. Aided by the growing popularity of miniaturisation and microelectronics, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 6.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the market can be segmented into ceramics, advanced energy materials, conductive polymers, nanomaterials, composites, and others, with nanomaterials leading the market. On the basis of end use, the industry is divided into automotive, medical, industrial, aerospace and defence, and energy and power (incl. chemical industry), among others, with the medical sector accounting for the largest market share. The major regional markets for the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Morgan Advanced Materials plc, KYOCERA Corporation, Hexcel Corporation, Nanophase Technologies Corporation, Kurray Co. Ltd., Henkel AG & Co. KGaA, and Murata Manufacturing Co., Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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