Advanced Material Market Size, Share, Segment Analysis, Growth Drivers and ForecPosted by Preeti Verma on October 5th, 2018 Advanced Material Market is driven worldwide by increasing numbers of end users and growing global shift towards new technology, while deft balancing between performance and cost. The opportunities witnessed in the global advanced material market include reasonable and environmentally proficient housing, information connectivity and communication, mobility, and increasing demand for health care. In 2014, North America accounted for the largest share in the global advanced material market. The demand in the region is driven by the aerospace and automotive industries. The U.S. led the demand for advanced materials in the region. In the U.S., Ford Motor Company with the funding from the U.S. Department of Energy is developing advanced body panels for lighter weight, and greater fuel efficiency. Asia-Pacific became the fastest growing market for the advanced materials. To View Complete Report@ www.psmarketresearch.com/market-analysis/advanced-material-market The region is driving huge demand for advanced materials, due to increased investment in sectors, such as medical & healthcare, automotive, transportation and energy. China and Japan has the highest demand from this region. However, the countries such as India, Taiwan and Singapore are likely to offer huge upcoming opportunities for the advanced material market in the future. Europe had the third largest demand for advanced materials in 2013. However, the countries, such as the U.K., Spain and Italy had the highest demand in the region. The Middle East is expected to witness optimistic growth, owing to the increasing demand from energy sector. Request For A Report Sample@ www.psmarketresearch.com/market-analysis/advanced-material-market/report-sample Ford Motor, The Dow Chemical, and Oak Ridge National Laboratory have collaborated to develop carbon fiber for cost effective and energy efficient transportation. Energy is the emerging market for advanced material sector. There is a huge demand of advanced materials to sustain high pressure and temperature operations in refineries and petrochemical plants. Wind and Solar energy also offers great market opportunities. Some of the key players companies in the global market include DuPoint, Morgan Advanced Materials, Hanwha, Pyrogenesis, 3M, Cytech Industries, Hexcel Corporation, and Huntsman Corporation. About P&S Intelligence P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. Contact: Toll-free: +1-888-778-7886 (USA/Canada) International: +1-347-960-6455 Email: enquiry@psmarketresearch.com Web: www.psmarketresearch.com Like it? Share it! More by this author |