Report Code : CVMI2412219 | Published Date : March 3, 2025
The Global Advanced Materials Market is undergoing a technological renaissance, valued at USD 117.9 billion in 2023 and projected to reach USD 221.9 billion by 2031, growing at a 9.95% CAGR. These cutting-edge materials - including graphene, metamaterials, advanced ceramics, and shape-memory alloys - are revolutionizing industries from aerospace to medical devices through their extraordinary properties and performance characteristics.
Three fundamental forces are driving the market's expansion:
- Technology Convergence: The intersection of materials science with AI and nanotechnology biotechnology
- Sustainability Imperatives: Development of eco-friendly alternatives to conventional methods materials
- Performance Demands: Requirement for materials capable of withstanding extreme conditions in next-generation applications
Key Market Growth Drivers
1. Aerospace & Defense Requirements
- Carbon fiber composites now make up 53% of modern aircraft structures (Boeing 787, Airbus A350)
- Ceramic matrix composites allow turbine engines to function at 2,200°C+
- The Pentagon's USD 2.1 billion investment in hypersonic material research and development (2024-2027)
2. Energy Transition Technologies
- Solid-state batteries require advanced solid electrolytes, with the market growing at 62% CAGR)
- Perovskite solar cells achieve 33.7% efficiency with novel materials stacks
- Hydrogen storage alloys allow for 6.5 wt% storage capacity
3. Electronics Miniaturization
- 2D materials (graphene, hBN) enable 1nm transistors nodes
- Low-k dielectrics reduce RC delay in 3D ICs
- Flexible substrates for foldable displays (market projected to reach $29B by 2027)
4. Medical Breakthroughs
- Bioactive glasses stimulate bone regrowth at twice the normal rate rates
- Shape-memory polymers for self-expansion stents
- Antimicrobial surfaces reduce HAIs by 38%
Market Segmentation Analysis
By Material Type:
Category |
2023 Share |
Key Applications |
Growth Driver |
Advanced Composites |
32% |
Aerospace, automotive |
Lightweighting mandates |
Nanomaterials |
25% |
Electronics, energy storage |
Chip miniaturization |
Advanced Alloys |
18% |
Industrial, medical |
Extreme environment needs |
Smart Materials |
15% |
Robotics, IoT |
Industry 4.0 adoption |
Biomaterials |
10% |
Medical implants |
Aging population |
By End-Use Industry:
- Aerospace & Defense (28%)
- Energy (XX%)
- Electronics (XX%)
- Healthcare (XX%)
- Industrial (XX%)
Regional Market Dynamics
North America (38% share)
- DoE's USD 700 Manganese Energy Materials Network
- Silicon Valley driving 2D materials innovation
- Strong VC funding in materials startups ($4.2B in 2023)
Europe (XX%)
- Graphene Flagship initiative (Euro 1 billion) investment)Strict REACH regulations driving alternatives
- Leading in industrial ceramics (85% global market)
Asia-Pacific (XX%)
- China dominates 78% of rare earth production
- South Korea is leading in display materials
- Japan's MONOZUKURI advanced manufacturing
Competitive Landscape
Market Leaders:
- Hexcel (Composites)
- Supplies 60% of aerospace-grade carbon fiber
- USD 300 Mn expansion in 2024
- SABIC (Advanced Polymers)
- UHMWPE for medical implants
- Cyclody for EV battery housings
- Momentive (Advanced Ceramics)
- Silicon carbide for power applications electronics
- USD 1.2 billion in defense contracts
- Graphenea (2D Materials)
- 8-inch graphene wafers
- Partners with TSMC, Samsung
- ATI (Specialty Alloys)
- Titanium aluminides for GE turbines
- Ni-based superalloys for SpaceX
Recent Technological Breakthroughs
2024 Developments:
- MIT's self-healing concrete (3x lifespan)
- LG's production of solid-state electrolytes at scale
- Lockheed's meta-material stealth coating
2023 Milestones:
- Samsung's graphene-enhanced material batteries
- BASF's CO2-derived polymers
- Tesla's 4680 battery dry electrode tech
Reasons To Buy

Scope

Key Players
- BASF SE
- Dow Inc.
- 3M Company
- Saint-Gobain
- Evonik Industries AG
- Solvay S.A.
- Covestro AG
- Arkema S.A.
- Albemarle Corporation
- Hexcel Corporation.
Global Advanced Materials Market Report
- 1. Global Advanced Materials Market Research Report
- 1.1 Study Objectives
- 1.2 Global Advanced Materials Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Advanced Materials Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Application
- 2.1.3 By End-user Industry
- 2.1.4 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Application, By End-user Industry, By Country
- 3.3. Opportunities – By Type, By Application, By End-user Industry, By Country
- 3.4. Trends – By Type, By Application, By End-user Industry, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Advanced Materials Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Nanomaterials
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Biomaterials
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Polymers
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.4 Metal Alloys
- 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.5 Composites
- 5.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Aerospace
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Automotive
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Electronics
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.4 Healthcare
- 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Automotive
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Aerospace
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Healthcare
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.4 Electronics.
- 7.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 North America
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Europe
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Asia-Pacific
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.4 Latin America
- 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.5 Middle East & Africa
- 8.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.6 Global Advanced Materials Market - Opportunity Analysis Index, By Type, By Application, By End-user Industry, and Region, 2024 - 2031
- 9.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 9.1.1 Nanomaterials
- 9.1.2 Biomaterials
- 9.1.3 Polymers
- 9.1.4 Metal Alloys
- 9.1.5 Composites
- 9.2.1 Aerospace
- 9.2.2 Automotive
- 9.2.3 Electronics
- 9.2.4 Healthcare
- 9.3.1 Automotive
- 9.3.2 Aerospace
- 9.3.3 Healthcare
- 9.3.4 Electronics.
- 9.4.1 United States
- 9.4.2 Canada
9.6 Regional Trends Analysis
9.7 North America Global Advanced Materials Market Research Report - Company Profiles- 9.7.1 Company 1 (United States)
- 9.7.2 Company 2 (Canada)
- 9.7.3 Company 3 (Canada)
- 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Nanomaterials
- 10.1.2 Biomaterials
- 10.1.3 Polymers
- 10.1.4 Metal Alloys
- 10.1.5 Composites
- 10.2.1 Aerospace
- 10.2.2 Automotive
- 10.2.3 Electronics
- 10.2.4 Healthcare
- 10.3.1 Automotive
- 10.3.2 Aerospace
- 10.3.3 Healthcare
- 10.3.4 Electronics.
- 10.4.1 Germany
- 10.4.2 United Kingdom
- 10.4.3 France
- 10.4.4 Spain
- 10.4.5 Italy
- 10.4.6 Russia
- 10.4.7 Netherlands
- 10.4.8 Poland
- 10.4.9 Rest of Europe
10.6 Regional Trends Analysis
10.7 Europe Global Advanced Materials Market Research Report - Company Profiles- 10.7.1 Company 1 (Germany)
- 10.7.2 Company 2 (United Kingdom)
- 10.7.3 Company 3 (United Kingdom)
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Nanomaterials
- 11.1.2 Biomaterials
- 11.1.3 Polymers
- 11.1.4 Metal Alloys
- 11.1.5 Composites
- 11.2.1 Aerospace
- 11.2.2 Automotive
- 11.2.3 Electronics
- 11.2.4 Healthcare
- 11.3.1 Automotive
- 11.3.2 Aerospace
- 11.3.3 Healthcare
- 11.3.4 Electronics.
- 11.4.1 China
- 11.4.2 Japan
- 11.4.3 India
- 11.4.4 South Korea
- 11.4.5 Australia & NZ
- 11.4.6 ASEAN
- 11.4.7 Rest of Asia-Pacific
11.6 Regional Trends Analysis
11.7 Asia-Pacific Global Advanced Materials Market Research Report - Company Profiles- 11.7.1 Company 1 (China)
- 11.7.2 Company 2 (Japan)
- 11.7.3 Company 3 (Japan)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Nanomaterials
- 12.1.2 Biomaterials
- 12.1.3 Polymers
- 12.1.4 Metal Alloys
- 12.1.5 Composites
- 12.2.1 Aerospace
- 12.2.2 Automotive
- 12.2.3 Electronics
- 12.2.4 Healthcare
- 12.3.1 Automotive
- 12.3.2 Aerospace
- 12.3.3 Healthcare
- 12.3.4 Electronics.
- 12.4.1 Brazil
- 12.4.2 Mexico
- 12.4.3 Argentina
- 12.4.4 Peru
- 12.4.5 Colombia
- 12.4.6 Rest of Latin America
12.6 Regional Trends Analysis
12.7 Latin America Global Advanced Materials Market Research Report - Company Profiles- 12.7.1 Company 1 (Brazil)
- 12.7.2 Company 2 (Mexico)
- 12.7.3 Company 3 (Mexico)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Nanomaterials
- 13.1.2 Biomaterials
- 13.1.3 Polymers
- 13.1.4 Metal Alloys
- 13.1.5 Composites
- 13.2.1 Aerospace
- 13.2.2 Automotive
- 13.2.3 Electronics
- 13.2.4 Healthcare
- 13.3.1 Automotive
- 13.3.2 Aerospace
- 13.3.3 Healthcare
- 13.3.4 Electronics.
- 13.4.1 Saudi Arabia
- 13.4.2 UAE
- 13.4.3 South Africa
- 13.4.4 Egypt
- 13.4.5 Israel
- 13.4.6 Rest of Middle East and Africa
13.6 Regional Trends Analysis
13.7 Middle East & Africa Global Advanced Materials Market Research Report - Company Profiles- 13.7.1 Company 1 (Saudi Arabia)
- 13.7.2 Company 2 (UAE)
- 13.7.3 Company 3 (UAE)
- 14.1 Strategic Dashboard of Top Market Players
14.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 14.2.1 BASF SE
- 14.2.2 Dow Inc.
- 14.2.3 3M Company
- 14.2.4 Saint-Gobain
- 14.2.5 Evonik Industries AG
- 14.2.6 Solvay S.A.
- 14.2.7 Covestro AG
- 14.2.8 Arkema S.A.
- 14.2.9 Albemarle Corporation
- 14.2.10 Hexcel Corporation.
16. Principal Presumptions and Acronyms