PUBLISHER: Orion Market Research | PRODUCT CODE: 1681019
PUBLISHER: Orion Market Research | PRODUCT CODE: 1681019
Material Informatics Market Size, Share & Trends Analysis Report by Material Type (Elements, Chemicals and Other), and End-Use (Chemical & Pharmaceutical, Materials Science, Manufacturing, Food Science, Energy, and Others) Forecast Period (2025-2035)
Industry Overview
Material informatics market is anticipated to grow at a CAGR of 8.9% during the forecast period (2025-2035). The market is driven by the increasing need for innovative materials to reduce design and manufacturing costs, time, and associated risks in the manufacturing ecosystem, as well as the growing demand for material informatics in R&D activities across a variety of fields, including manufacturing for innovative material development, materials science, and chemical & pharmaceutical.
Market Dynamics
Rising Adoption of ML and AI Technologies
Material informatics is also being driven by the increasing adoption of ML and AI technologies. Using AI and ML algorithms to analyze large datasets from various sources may greatly reduce the time and expense of material research, allowing the detection of patterns and connections that may otherwise go unnoticed. Further, AI-driven simulations can predict the properties of new materials even before their synthesis, making material innovation much more effective in industries such as electronics, healthcare, and energy. These innovations allow faster data analysis and the development of predictive models to accelerate the discovery and creation of new materials.
Expanding Application Industrial Sector
The applications of material informatics are expanding in several sectors, particularly in the electronics, automotive, aerospace, and energy sectors. It is high-performance materials that possess qualitative properties such as strength, lightweight, and thermal stability, that are prompting this expansion. Material data analytics are used by industries to enhance material selection procedures and product design. For instance, material informatics enabling the development of lighter and stronger aerospace components while supporting the development of efficient renewable materials in the energy sector. This change is helping businesses to simplify production procedures while improving the sustainability and performance of their products.
Market Segmentation
Chemicals Segment to Lead the Market with the Largest Share
Chemical material innovation in polymers and composites is driving greater data-driven approaches for the design and optimization of new material properties. Large-scale data analytics and machine learning algorithms can identify new material properties and accelerate the development of more efficient and cost-effective solutions to make them viable. The integration of sophisticated computational tools and predictivity capacities has been enhanced with the ability to develop materials to have specifically tailored properties. New avenues are open for using material informatics within the manufacturing, energy, and pharmaceutical industries among others.
Chemical & Pharmaceutical: A Key Segment in Market Growth
The material informatics market is growing rapidly, mainly owing to the swift growth of the chemicals and pharmaceutical sector. This has been mainly fueled by increasing demand for novel materials and formulations. In the drug discovery process, material informatics is an enabler that fast-tracks the identification of the ideal compounds. This is achieved using advanced data analytics and machine learning, which boosts the efficiency of research and development processes. Besides this, the predictive capability of material properties and performance in the chemical industry helps smooth production and cuts down costs.
The global material informatics market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America)
Growing Demand to Maximize the Performance of Materials in Europe
Material informatics predicts the properties of materials and speeds up innovation processes, thus gaining an edge over competition. Material informatics technology predicts properties and accelerates innovation processes, thereby taking a lead over the competition. Increasing requirements for application-specific customized materials also drive demand. In addition to this, Europe focuses on the minimization of waste and efficient resource usage, perfectly in alignment with material informatics.
Asia-Pacific Region Dominates the Market with Major Share
The Asia-Pacific region holds a significant share in its material informatics market, stimulated by rapid advancements in artificial intelligence and machine learning. Strong research orientation and significant funding from both private and public quarters are driving this innovation in the field of materials science. Strong industrial bases, particularly their technological skills, are being heavily utilized by countries including China, Japan, and South Korea, which have emerged as important key players. Predictive modeling and material discovery are using material informatics with increasing intensity while improving productivity, with decreasing development costs. The automotive, high-tech electronics, and healthcare sectors are yet other drivers driving this trend of growth.
The major companies operating in the global material informatics market include Dassault Systemes, Hexagon AB, Hitachi High-Tech Corp., Synopsys, Inc., and TDK Corp., among others. Market players are leveraging partnerships, collaborations, mergers and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments