Advanced Functional Materials Market to grow by USD 48 Bn; Market structure to be fragmented in nature -- Technavio

NEW YORK, Oct. 17, 2022 /PRNewswire/ -- The "Advanced Functional Materials Market by Type and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to the report, the market size is expected to grow by USD 48 billion, accelerating at a CAGR of 9.02% during the forecast period. Technavio expects the market structure to be fragmented in nature due to the presence of several international and regional players. Major vendors hold a significant share of the market. Get deeper insights into the vendor landscape, key product launches, and successful growth strategies adopted by vendors. Buy Report Now

Market vendors offer a wide range of products, and they must adhere to numerous regulations related to the manufacturing of advanced functional materials. Thus, the threat of rivalry was moderate in 2020. To survive in this competitive environment, it becomes imperative for vendors to distinguish their product offerings through a clear and unique value proposition. Further, as advanced functional materials have direct substitutes, vendors are increasing their research and development spending to offer innovative advanced functional materials. Also, they are expanding their global presence to expand their customer base and remain competitive in the market.

Factors such as the increase in automotive regulatory requirements, growing demand for fuel-efficient aircraft and locomotives, and technological advances in medical and diagnostic devices will offer immense growth opportunities in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The advanced functional materials market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Request Sample PDF Report Here

• Type 
  • Composites
  • Ceramics
  • Energy Materials
  • Nanomaterials
  • Conductive Polymers

The market growth in the composites segment will be significant over the forecast period. Composites are extensively used as a replacement for steel owing to their higher strength-to-weight ratio. They are combined to produce advanced functional composites, which are distinct in characteristics, light, cost-effective, and strong compared with conventional metals. These factors have increased their use in various end-user applications, which is driving the growth of the segment.

• Geography 
  • APAC
  • North America
  • Europe
  • South America
  • The Middle East and Africa

About 50% of the overall market growth is expected to originate from APAC during the forecast period. The regional market is driven by the increasing production of automotive products and electronics in countries such as China, Japan, India, and South Korea.

Request Our Sample Report Now for highlights on the market growth across various segments and regions.

Some of the major vendors of the advanced functional materials market include 3M Corp, AMETEK Inc., Applied Materials Inc., Arkema Group, BASF SE, CeramTec GmbH, Compagnie de Saint Gobain SA, Covestro AG, CPS Technologies Corp., Deutsche Edelstahlwerke Specialty Steel GmbH and Co. KG, DIC Corp., DuPont de Nemours Inc., Functional Materials Manufacturing Inc., Hexcel Corp., Momentive Performance Materials Inc., NiKKi Fron Co. Ltd., Schweiter Technologies, SHOWA DENKO K.K., Sumitomo Chemical Co. Ltd., and The Dow Chemical Co.

To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research report on the advanced functional materials market is designed to provide entry support, customer profile, & M&As as well as go-to-market strategy support.

The report also covers the following areas:

• Advanced Functional Materials Market Size
• Advanced Functional Materials Market Trends
• Advanced Functional Materials Market Industry Analysis

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist advanced functional materials market growth during the next five years
• Estimation of the advanced functional materials market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the advanced functional materials market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of advanced functional materials market vendors

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1 Executive Summary

• 1.1 Market overview 
  • Exhibit 01: Executive Summary – Chart on Market Overview
  • Exhibit 02: Executive Summary – Data Table on Market Overview
  • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary – Chart on Market by Geography
  • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
  • Exhibit 06: Executive Summary – Chart on Incremental Growth
  • Exhibit 07: Executive Summary – Data Table on Incremental Growth
  • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
  • Exhibit 09: Parent market
  • Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
  • Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
  • Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
  • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
  • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
  • Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers 
  • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
  • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
  • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
  • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
  • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
  • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
  • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
  • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
  • Exhibit 26: Chart on Comparison by Type
  • Exhibit 27: Data Table on Comparison by Type

• 5.3 Composites - Market size and forecast 2021-2026
  • Exhibit 28: Chart on Composites - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 29: Data Table on Composites - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 30: Chart on Composites - Year-over-year growth 2021-2026 (%)
  • Exhibit 31: Data Table on Composites - Year-over-year growth 2021-2026 (%)

• 5.4 Ceramics - Market size and forecast 2021-2026
  • Exhibit 32: Chart on Ceramics - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 33: Data Table on Ceramics - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 34: Chart on Ceramics - Year-over-year growth 2021-2026 (%)
  • Exhibit 35: Data Table on Ceramics - Year-over-year growth 2021-2026 (%)

• 5.5 Energy materials - Market size and forecast 2021-2026
  • Exhibit 36: Chart on Energy materials - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 37: Data Table on Energy materials - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 38: Chart on Energy materials - Year-over-year growth 2021-2026 (%)
  • Exhibit 39: Data Table on Energy materials - Year-over-year growth 2021-2026 (%)

• 5.6 Nanomaterials - Market size and forecast 2021-2026
  • Exhibit 40: Chart on Nanomaterials - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 41: Data Table on Nanomaterials - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 42: Chart on Nanomaterials - Year-over-year growth 2021-2026 (%)
  • Exhibit 43: Data Table on Nanomaterials - Year-over-year growth 2021-2026 (%)

• 5.7 Conductive polymers - Market size and forecast 2021-2026
  • Exhibit 44: Chart on Conductive polymers - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 45: Data Table on Conductive polymers - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 46: Chart on Conductive polymers - Year-over-year growth 2021-2026 (%)
  • Exhibit 47: Data Table on Conductive polymers - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by Type 
  • Exhibit 48: Market opportunity by Type ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview 
  • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
  • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
  • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
  • Exhibit 52: Chart on Geographic comparison
  • Exhibit 53: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
  • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
  • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
  • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
  • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
  • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
  • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
  • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
  • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
  • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
  • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
  • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
  • Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
  • Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Mexico - Market size and forecast 2021-2026
  • Exhibit 82: Chart on Mexico - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 83: Data Table on Mexico - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 84: Chart on Mexico - Year-over-year growth 2021-2026 (%)
  • Exhibit 85: Data Table on Mexico - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
  • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
  • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
  • Exhibit 90: Chart on India - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 91: Data Table on India - Market size and forecast 2021-2026 ($ billion)
  • Exhibit 92: Chart on India - Year-over-year growth 2021-2026 (%)
  • Exhibit 93: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
  • Exhibit 94: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
  • Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
  • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
  • Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks 
  • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
  • Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors 
  • Exhibit 100: Matrix on vendor position and classification

• 10.3 3M Corp 
  • Exhibit 101: 3M Corp - Overview
  • Exhibit 102: 3M Corp - Business segments
  • Exhibit 103: 3M Corp - Key news
  • Exhibit 104: 3M Corp - Key offerings
  • Exhibit 105: 3M Corp - Segment focus

• 10.4 Arkema Group 
  • Exhibit 106: Arkema Group - Overview
  • Exhibit 107: Arkema Group - Business segments
  • Exhibit 108: Arkema Group - Key news
  • Exhibit 109: Arkema Group - Key offerings
  • Exhibit 110: Arkema Group - Segment focus

• 10.5 BASF SE 
  • Exhibit 111: BASF SE - Overview
  • Exhibit 112: BASF SE - Business segments
  • Exhibit 113: BASF SE - Key news
  • Exhibit 114: BASF SE - Key offerings
  • Exhibit 115: BASF SE - Segment focus

• 10.6 Covestro AG 
  • Exhibit 116: Covestro AG - Overview
  • Exhibit 117: Covestro AG - Business segments
  • Exhibit 118: Covestro AG - Key news
  • Exhibit 119: Covestro AG - Key offerings
  • Exhibit 120: Covestro AG - Segment focus

• 10.7 CPS Technologies Corp. 
  • Exhibit 121: CPS Technologies Corp. - Overview
  • Exhibit 122: CPS Technologies Corp. - Product / Service
  • Exhibit 123: CPS Technologies Corp. - Key offerings

• 10.8 DuPont de Nemours Inc. 
  • Exhibit 124: DuPont de Nemours Inc. - Overview
  • Exhibit 125: DuPont de Nemours Inc. - Business segments
  • Exhibit 126: DuPont de Nemours Inc. - Key offerings
  • Exhibit 127: DuPont de Nemours Inc. - Segment focus

• 10.9 Hexcel Corp. 
  • Exhibit 128: Hexcel Corp. - Overview
  • Exhibit 129: Hexcel Corp. - Business segments
  • Exhibit 130: Hexcel Corp. - Key news
  • Exhibit 131: Hexcel Corp. - Key offerings
  • Exhibit 132: Hexcel Corp. - Segment focus

• 10.10 Schweiter Technologies 
  • Exhibit 133: Schweiter Technologies - Overview
  • Exhibit 134: Schweiter Technologies - Business segments
  • Exhibit 135: Schweiter Technologies - Key offerings
  • Exhibit 136: Schweiter Technologies - Segment focus

• 10.11 Sumitomo Chemical Co. Ltd. 
  • Exhibit 137: Sumitomo Chemical Co. Ltd. - Overview
  • Exhibit 138: Sumitomo Chemical Co. Ltd. - Business segments
  • Exhibit 139: Sumitomo Chemical Co. Ltd. - Key offerings
  • Exhibit 140: Sumitomo Chemical Co. Ltd. - Segment focus

• 10.12 The Dow Chemical Co. 
  • Exhibit 141: The Dow Chemical Co. - Overview
  • Exhibit 142: The Dow Chemical Co. - Business segments
  • Exhibit 143: The Dow Chemical Co. - Key news
  • Exhibit 144: The Dow Chemical Co. - Key offerings
  • Exhibit 145: The Dow Chemical Co. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
  • Exhibit 146: Inclusions checklist
  • Exhibit 147: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
  • Exhibit 148: Currency conversion rates for US$

• 11.4 Research methodology 
  • Exhibit 149: Research methodology
  • Exhibit 150: Validation techniques employed for market sizing
  • Exhibit 151: Information sources

• 11.5 List of abbreviations 
  • Exhibit 152: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com/

SOURCE Technavio

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