PUBLISHER: BCC Research | PRODUCT CODE: 1608642
PUBLISHER: BCC Research | PRODUCT CODE: 1608642
The global market for advanced materials for extreme environments reached $3.2 billion in 2023. This market is expected to grow from $3.4 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2029.
The North American market for advanced materials for extreme environments is expected to grow from $1.4 billion in 2024 to $1.9 billion by 2029, at a CAGR of 6.5% from 2024 to 2029.
The Asia-Pacific market for advanced materials for extreme environments is expected to grow from $1.1 billion in 2024 to $1.4 billion by 2029, at a CAGR of 6.2% from 2024 to 2029.
This report covers the global market for advanced materials for extreme environments. The key properties of advanced materials, namely, hardness, lightweight, neutron shielding, wear-resistance, corrosion-resistance, thermal conductivity, electrical insulation and dimensional stability at high temperatures, make them desirable for use in extreme environments. Because they deliver performance, safety and durability, various industry and government standards require the use of advanced materials.
For this analysis, the global advanced materials for extreme environments market is segmented by the following metrics:
Estimated values are based on manufacturers' total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report also contains comprehensive profiles of companies in the advanced materials' market.