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Follow on Google News | Advanced Functional Materials Market For Low Carbon Applications worth 10,322.0 Kilotons By 2018Advanced Functional Materials Market is expected to grow with a high CAGR to reach 5,147.3 kilotons by 2018.
By: marketsandmarkets Browse >> 254 Market Data Tables 49 Figures 621 pages and in-depth TOC on "Advanced Functional Material Market " www.marketsandmarkets.com/ Early buyers will receive 10% customization on reports. Asia-Pacific - biggest market of AFM Asia-Pacific is the largest market for AFMs with the highest consumption by volume around the globe. The demand for AFM is Asia-Pacific is driven by countries such as China, Japan, South Korea, India, Taiwan, Malaysia, Thailand, Indonesia, and Philippines. Major industrial segments using AFMs in would be automotive, paints, chemicals & materials, aerospace, energy & power and building & construction. The market is expected to grow with a high CAGR to reach 5,147.3 kilotons by 2018. Buy Copy of This Report @ http://www.marketsandmarkets.com/ Nanomaterials - fastest growing category of AFMs Nanomaterials include Nanoparticles and carbon nano-tubes. Carbon nano-tubes are further segmented into single walled and multi walled nano-tubes. The global market for carbon nano-tubes is expected to reach 133.5 kilotons by 2018. Applications for nanomaterials include chemicals & materials, electrical and electronics, healthcare & pharmaceuticals, and others. Asia-Pacific is the fastest growing market for nanomaterials with a CAGR of 23.6%. The market for AFM in Asia-Pacific is dominated by China with a 35.4% share of the market followed by Japan and South Korea. Taiwan, India, Malaysia, and Indonesia are other significant markets for nanomaterials in Asia-Pacific. Advanced functional ceramics - the largest category of AFM Advanced ceramics can be classified into three types based on their properties and usage. These are monolithic ceramics, ceramic matrix composites, and ceramic coating systems. Advanced functional ceramics have an especially high potential to resolve a wide number of todays material challenges in process industries, power generation, aerospace, transportation, and military applications. Such applications are vital to maintain global competitiveness, decreasing energy consumption, and carbon footprint. The current market for advanced functional ceramics is growing with a CAGR of 5.0%. Europe is currently the largest and Asia-Pacific is the fastest growing market for advanced functional composites. ReneSola Ltd (China), 3M Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Bayer AG (Germany), Ceradyne, Inc.(U.S.), Kyocera Corporation (Japan), Momentive Performance Materials Inc. (U.S.), and Samsung Electro-Mechanics Company (South Korea) are among the major players in the global AFM market. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr.Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-6006- Email: sales@marketsandmarkets.com End
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