PUBLISHER: Lucintel | PRODUCT CODE: 1416329
PUBLISHER: Lucintel | PRODUCT CODE: 1416329
Material Informatics Trends and Forecast
The future of the global material informatics market looks promising with opportunities in the chemical & pharmaceutical, materials science, manufacturing, food science, and energy markets. The global material informatics market is expected to reach an estimated $305 million by 2030 with a CAGR of 14.7% from 2024 to 2030. The major drivers for this market are increasing need for the early development of highly functional materials from chemical and material industries, initiatives by the government to assist materials research and development, and rising usage of AI in material science.
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Material Informatics by Segment
The study includes a forecast for the global material informatics by material, application, and region.
Material Informatics Market by Material [Shipment Analysis by Value from 2018 to 2030]:
Material Informatics Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Material Informatics Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Material Informatics Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies material informatics companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the material informatics companies profiled in this report include-
Material Informatics Market Insights
Lucintel forecasts that element will remain the larger segment over the forecast period.
APAC is expected to witness highest growth over the forecast period due to the expanding food, chemical, pharmaceutical, and manufacturing sectors in nations like China and India, as well as, rapid development across the technology integration sector in the region.
Features of the Global Material Informatics Market
Market Size Estimates: Material informatics market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Material informatics market size by material, application, and region in terms of value ($M).
Regional Analysis: Material informatics market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, application, and regions for the material informatics market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the material informatics market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the material informatics market size?
Answer: The global material informatics market is expected to reach an estimated $305 million by 2030.
Q2. What is the growth forecast for material informatics market?
Answer: The global material informatics market is expected to grow with a CAGR of 14.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the material informatics market?
Answer: The major drivers for this market are increasing need for the early development of highly functional materials from chemical and material industries, initiatives by the government to assist materials research and development, and rising usage of AI in material science.
Q4. What are the major segments for material informatics market?
Answer: The future of the global material informatics market looks promising with opportunities in the chemical & pharmaceutical, materials science, manufacturing, food science, and energy markets.
Q5. Who are the key material informatics market companies?
Answer: Some of the key material informatics companies are as follows:
Q6. Which material informatics market segment will be the largest in future?
Answer: Lucintel forecasts that element will remain the larger segment over the forecast period.
Q7. In material informatics market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the expanding food, chemical, pharmaceutical, and manufacturing sectors in nations like China and India, as well as, rapid development across the technology integration sector in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.