Table of Contents
The research service provides an in depth analysis of the top 10 materials and coatings technologies that is expected to have the highest impact across industries and applications. Each technology is analyzed in terms of its market potential, application segmentation, innovation landscape and IP landscape. Key funding deals and the innovation ecosystem along with the technology development and adoption scenario are also highlighted. The research service also provides a trend analysis of the materials and coatings sector and the key challenges of the sector.
-Need for materials with tunable properties and high functionality are the major factors that help in increasing the potential of polymer chameleons. The ability of the materials to react to external stimuli and retain their original shape once the stimulus is removed helps its adoption in healthcare, protective coatings and self healing structures.
-The lightweight composites technology is establishes in the automotive and aerospace sectors with its use is emerging in sectors such as offshore, transportation, oil &gas and construction market. The need for reducing carbon emissions and increasing fuel efficiency are the major factors that help in increasing the adoption of lightweight composites.
-Highly interdependent industry with technical and infrastructural collaboration between companies that include both polyolefin manufacturers, polymeric catalyst manufactures, and catalyst technology providers. Need for low energy, high yield polymer production has forced the polymer manufacturers to adopt advanced catalysts for profitable production. One of the most crucial emerging market needs is to innovate catalyst, which is less costly and also able to bring down the cost of polymerization. This creates a new competitive edge for big to small-sized catalyst manufacturing companies
-The anti-corrosion coating market is already established in the offshore, transportation, chemical industry, oil &gas, power generation, and construction market. The environmental regulations/legislations have made the anti-corrosion industry to prioritize minimizing the environmental footprint of the coatings. This has ensured that the reduction or elimination of the volatile organic content (VOC). Continued substantial growth will be visualized in the demand of high performance environment friendly anti-corrosion coating in the next five years as consumers comply with increasingly strict regulations with long lasting protection from environmental damages.
-Innovations in materials and coatings sector is focused towards multi functionality and high performance attributes. While cost effective technologies with value for money is still prominent, reduction of raw material use and more energy efficient processes are also noticeable.
-Nanomaterials, for enhanced functionality and performance attributes has applications in automotive, electronics and in protective coatings. Both North America ad Europe are active in technology and product development with prominent funding initiatives.
-The biochemicals market, which is most prominent in the North American region is mainly driven by need for environmentally benign and eco friendly chemical compounds and intermediates. High adoption is fine in the fine and specialty chemical segments.
-The use of algae as a feedstock for development of fuel, chemicals and other nutritional products is gaining traction, especially in North America and Western Europe. By 2020, algal biodiesel is expected to widely adopted across the globe with the food and feed market witnessing steady increase in technology development and adoption.
-Membrane separation technologies is expected to have the maximum impact as reverse osmosis membranes in water and waste-water treatment. The Asia-Pacific region along with Middle east is expected to play an increasingly important role in the use of membrane technology for liquid and gas separation
-Biobased materials, with increasing efforts towards continued availability of feedstock and sustainability quotient is expected to be utilized across industries, foremost being packaging sector. North America finds the largest regional adoption followed by other countries.
-Need for lightweight, high strength structural material is a key enabler to the adoption of carbon fibers in applications such as aerospace, automotive and infrastructure. Its use as a reinforcement material along with expansion of production facilities is expected to increase its market adoption in the next three years.
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