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Advanced Functional Materials Market - Global Opportunity Analysis and Industry Forecast, 2020–2027
| A10768 | Pages: NA | Jun 2021 | 41 Views | | |
| Author(s) : Eswara Prasad | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Advanced Functional Materials Market
Request Now !Advanced functional materials are special quality compounds that exhibit superior properties such as high mechanical strength, resistance to corrosion, flexibility and high thermal &chemical stability. The advanced functional materials refer to a group of different compounds including ceramics, nanomaterials, composites and conductive polymers. Due to their superior properties, advanced functional materials have a wide range of applications in different end-use industries including healthcare, electronics, aerospace, automobile and others.
Scope of the report
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Type, End-Use and Region |
Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia Pacific LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA) |
Companies covered | Applied Nanotech Holdings, Inc., CNANO Technologies Ltd., 3M, Arkema Group., Evonik Industries AG., Covestro AG, BASF SE, Kyocera Corporation, Momentive Performance minerals, Bayer AG, DuPont, and Samsung Electro Mechanics Company |
COVID-19 scenario analysis:
- As a result of the lockdowns in different nations, most of the manufacturing facilities were hugely affected. This resulted in reduction in demand for advanced functional materials in the market.
- China is the top producer of advanced functional materials and was also the first to be hit by the COVID-19 pandemic. The functional material industry has to suffer from a huge economic crisis. This is expected to hamper the advance functional materials market due to decreased productivity rates in Asia-Pacific region.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
One of the major factorsin the global advanced functional materials market is its extensive use in the electronics and healthcare sector. With rapid technological development in the field of nanotechnology, there is a growing usage for nanomaterials in the healthcare industries for diagnosis, drug delivery and other applications. On the other hand, the advanced functional materials also have a wide range of applications in the electronics sector during the production of high energy density capacitors, super capacitors, batteries and other products. Several advanced materials are also used in the automobile and aerospace industries in order to produce lightweight and efficient vehicles as well as aircrafts. The wide range of applications of advanced functional materials in the different end-user industries is expected to boost the demand for these compounds in the near future. However, high prices of these materials are expected to act as a restraining factor for the market.
The market in the Asia-Pacific accounts for a major share of the global advanced functional materials market owing to high demand for these materials in the electronics and automobile sector present. The market in Europe and North America is also expected to grow at a significant pace due to rapid growth in the healthcare and manufacturing sector in the developed nations of these regions.
Key segments covered:
Segments | Sub-segments |
Type |
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End-User |
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Key benefits of the report:
- This study presents the analytical depiction of the global advanced functional materials industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global advanced functional materials market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global advanced functional materials market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global advanced functional materials market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the advanced functional materials market research report:
- Which are the leading market players active in the advanced functional materials market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
- What should be the response of advanced functional materials market players amid the COVID-19 pandemic?
- What is the outlook of the industry?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
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- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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