Material Informatics Market by Materials, Application, End-Use

List of Tables

The Material Informatics Market was valued at USD 236.55 million in 2023, expected to reach USD 277.52 million in 2024, and is projected to grow at a CAGR of 20.41%, to USD 868.41 million by 2030.

Material Informatics involves the intersection of material science and data technology to streamline the discovery, design, and application of new materials. Its scope encompasses utilizing data-driven approaches, such as machine learning and AI, to predict material behaviors, optimize processes, and expedite material development cycles. Material Informatics is imperative in sectors requiring rapid innovation, including electronics, pharmaceuticals, aerospace, and renewable energy. It plays a central role in the sustainable development of materials by reducing experimental costs and timelines. The end-use scope reaches industries focused on advanced manufacturing, nanotechnology, and smart materials. The market growth is driven by increasing demand for customized material solutions, advancements in AI capabilities, and significant investments in R&D by both public and private entities. Key growth opportunities lie in expanding capabilities in predictive modeling and integrating IoT with material databases to enhance real-time data analytics. Market players are advised to invest strategically in AI and hybrid computing capabilities to tap these opportunities, while partnerships with academic institutions could also foster innovation. However, limitations include high initial investments, data management issues, and a skills gap in data science and material engineering. Regulatory challenges and intellectual property constraints may also hinder the accelerated deployment across certain regions. Thus, challenges such as data security and integration with legacy systems need to be addressed rigorously. Promising areas for innovation include developments in self-healing materials, biodegradable composites, and new methodologies in computational material design. By embracing open-source collaboration platforms and focusing on interdisciplinary approaches, businesses can leverage Material Informatics for growth. Overall, the market trend is inclined towards collaborative ecosystems and digital twin technologies, which hold immense potential for businesses aiming to lead in sustainability and technological advancements in material science.

KEY MARKET STATISTICS
Base Year [2023]	USD 236.55 million
Estimated Year [2024]	USD 277.52 million
Forecast Year [2030]	USD 868.41 million
CAGR (%)	20.41%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Material Informatics Market

The Material Informatics Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Exponential demand for advanced materials across industries
- Initiatives for industrial digitalization & automation and use of material informatics
- Growing investments in R&D activities in healthcare and energy sector
Market Restraints
- Lack of technical resources to manage material informatics
Market Opportunities
- Technological advancements in material informatics based on artificial intelligence & machine learning
- Growing emphasis on smart manufacturing worldwide
Market Challenges
- Technical and operational limitations of material informatics

Porter's Five Forces: A Strategic Tool for Navigating the Material Informatics Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Material Informatics Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Material Informatics Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Material Informatics Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Material Informatics Market

A detailed market share analysis in the Material Informatics Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Material Informatics Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Material Informatics Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Material Informatics Market

A strategic analysis of the Material Informatics Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Material Informatics Market, highlighting leading vendors and their innovative profiles. These include BASF SE, Citrine Informatics, Dassault Systemes SE, Elix, Inc., ENEOS Corporation, Exabyte Inc., Exponential Technologies Ltd., Hitachi, ltd., Kebotix, Inc., Mat3ra by Exabyte Inc., Materials Design, Inc., Materials Zone, OntoChem GmbH, Phaseshift Technologies Inc., Polymerize Private Limited, Preferred Networks, Inc., QuesTek Innovations LLC, Revvity Signals Software, Inc., Schrodinger, Inc., Simreka by Devtaar GmbH, TDK Corporation, Thermo Fisher Scientific, Inc., Tilde Materials Informatics, and Uncountable Inc..

Market Segmentation & Coverage

This research report categorizes the Material Informatics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Materials, market is studied across Chemicals and Elements. The Chemicals is further studied across Biomolecules, Dyes, and Polymers. The Elements is further studied across Alloys, Composites, Metals, and Superalloys.
Based on Application, market is studied across Alloy Development and Polymer Formulations.
Based on End-Use, market is studied across Chemical & Pharmaceutical, Energy, Food Science, Manufacturing, and Materials Science.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-190BF4DC7ECD

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Exponential demand for advanced materials across industries
  - 5.1.1.2. Initiatives for industrial digitalization & automation and use of material informatics
  - 5.1.1.3. Growing investments in R&D activities in healthcare and energy sector
- 5.1.2. Restraints
  - 5.1.2.1. Lack of technical resources to manage material informatics
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in material informatics based on artificial intelligence & machine learning
  - 5.1.3.2. Growing emphasis on smart manufacturing worldwide
- 5.1.4. Challenges
  - 5.1.4.1. Technical and operational limitations of material informatics
5.2. Market Segmentation Analysis
- 5.2.1. Materials: Extensive use of material informatics for developing chemical products
- 5.2.2. Application: Increasing need to optimize novel polymer formulations for various industrial applications
- 5.2.3. End-Use: Potential use in the manufacturing sector for optimizing material properties and enhancing production processes
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Material Informatics Market, by Materials

6.1. Introduction
6.2. Chemicals
- 6.2.1. Biomolecules
- 6.2.2. Dyes
- 6.2.3. Polymers
6.3. Elements
- 6.3.1. Alloys
- 6.3.2. Composites
- 6.3.3. Metals
- 6.3.4. Superalloys

7. Material Informatics Market, by Application

7.1. Introduction
7.2. Alloy Development
7.3. Polymer Formulations

8. Material Informatics Market, by End-Use

8.1. Introduction
8.2. Chemical & Pharmaceutical
8.3. Energy
8.4. Food Science
8.5. Manufacturing
8.6. Materials Science

9. Americas Material Informatics Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Material Informatics Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Material Informatics Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Asahi Kasei and NEC Established Analysis Platform Utilizing Secure Computation Technology For Secure Data Collaboration Between Companies
- 12.3.2. Resonac Joins Enthought's Materials Informatics Acceleration Program
- 12.3.3. Citrine Informatics Raises USD 16 Million in Series C Financing
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. BASF SE
2. Citrine Informatics
3. Dassault Systemes SE
4. Elix, Inc.
5. ENEOS Corporation
6. Exabyte Inc.
7. Exponential Technologies Ltd.
8. Hitachi, ltd.
9. Kebotix, Inc.
10. Mat3ra by Exabyte Inc.
11. Materials Design, Inc.
12. Materials Zone
13. OntoChem GmbH
14. Phaseshift Technologies Inc.
15. Polymerize Private Limited
16. Preferred Networks, Inc.
17. QuesTek Innovations LLC
18. Revvity Signals Software, Inc.
19. Schrodinger, Inc.
20. Simreka by Devtaar GmbH
21. TDK Corporation
22. Thermo Fisher Scientific, Inc.
23. Tilde Materials Informatics
24. Uncountable Inc.