Keep track of advanced and emerging materials, technologies and markets
TECHTRENDS covers market news, information, mapping and analysis on the latest trends in advanced and emerging technologies. Each vertical subscription includes a regularly updated market overview, interactive market map of all the market players and market news on the latest production, investments, funding and start-up activity. Market information will be presented in the following formats:
- Sample market overview and analysis (Cellulose Nanofibers Market)
- Sample market map (CCUS Market)
- Sample market news coverage (Hydrogen Economy)
Market verticals are available as individual subscriptions or one package. All content is viewable online and downloadable. Each subscription is valid for 1 year with a discounted renewal fee thereafter. Start-up and academic discounts are available. Contact info@futuremarketsinc.com
Payment methods: Visa, Mastercard, American Express, Paypal, Bank Transfer.
To purchase by invoice (bank transfer) contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.
Market overview
Advanced materials are novel, manufactured or naturally occurring materials that because of their properties provide differentiated performance to conventional materials. The development of new products with improved performance and functionality is dependent on the advanced materials. New materials technologies underpin manufacturing and contribute in innovation in many sectors. This section mainly covers materials that run parallel to nanomaterials development or do not strictly meet the nanomaterials definition.
Tech verticals: Advanced Adhesives, Aerogels, Antimicrobial Coatings and Technologies, Electrically conductive adhesives, Hydrogels, Ionic Liquids, Metal-organic Frameworks (MOFs), Metamaterials and metasurfaces, Phase Change Materials, Self-healing materials, Thermal interface materials.
*Access to blow category links are activated for online viewing/download after subscription, via log-in. Please subscribe to TECHTRENDS to view all content.
Aerogels
Aerogels are nanostructured materials with low density, high surface area (>150 m2/g) and open porosity (typically 95–99.99 %), resulting in very low densities. The pores are very narrow (2–50 nm), which contributes to very high specific surface areas. Their high porosities and low densities make aerogels excellent light-weight insulators of heat, sound, and electricity, and their high specific surface areas make them good absorbers of both active materials for controlled release, and of pollutants. Applications range from tissue engineering to building insulation.
- Market overview and analysis*
- Market Map*
- Latest market news 2024*
Latest update: January 2024.
Antimicrobial Coatings and Technologies
The use of advanced antimicrobial coatings and technology (virucidal, bactericidal and fungicidal) has come to the fore recently due to the impact of the Covid-19 crisis, and has greatly increased demand, especially for high touch surfaces in healthcare, retail, hotels, offices and the home. Antimicrobial resistance (AMR) has been declared one of the top 10 global public health threats facing humanity by the World Health Organization and is projected to be responsible for the death of 10 million people every year by 2050. Antimicrobial surface technologies are considered an important factor in limiting the spread of infectious diseases, as a form of environmental disease control.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Electrically conductive adhesives
Conductive adhesives both bond materials and conduct electricity, and are used in a wide range of electrical and electronic applications. These adhesives generate conductivity at curing temperatures that are lower than other conductive bonding methods and materials, such as soldering or welding, and changing binder components enables them to conductively bond a variety of metals.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Hydrogels
In recent years, development of hydrogels has intensified for varied applications, especially in the biomedical market including tissue engineering, drug delivery, and biosensing. A hydrogel is a three-dimensional (3D) network of hydrophilic polymers that can swell in water and hold a large amount of water while maintaining the structure due to chemical or physical cross-linking of individual polymer chains.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Ionic Liquids
Ionic liquids (IL) are a class of solvents comprised of ions and short-lived ion pairs. Ionic liquids have melting points lower than 100 °C and some are liquid at and below room temperature. Various ionic liquids with different properties can be created by combining different cations and anions. Ionic liquids exhibit properties such as very low vapor pressure, nonvolatility, high ionic conductivity, high electrochemical and thermal stability with a large range of temperature. Applications include batteries and supercapacitors, rare-earth metal recycling, agriculture (herbicides, fungicides, antimicrobials, stimulants), lubricants, biofuels, separation processes, metal and surface finishing, polymer additives, catalysts, pharmaceuticals (e.g. drug delivery).
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Metal-organic Frameworks (MOFs)
Metal-organic frameworks (MOFs) are self-assembled combinations of metals and inorganic ligands that result in a relatively young class of highly ordered, porous materials. Due to their high surface area (>7000 m2/g), extremely high porosity and favourable thermal properties, MOFs are being investigated in gas storage and separation, purification, carbon capture, utilization and storage, electrochemical energy storage and sensing. Commercial activity has grown greatly in recent years.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Metamaterials and metasurfaces
Metamaterials is a fast-developing area and will become a multi-billion dollar market within the next decade with product advances in radar and lidar for autonomous vehicles, telecommunications antenna, 6G networks, coatings, vibration damping, wireless charging, noise prevention and more.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Phase Change Materials
Phase Change Materials (PCMs) are wax-like thermal compounds that change phase at a specifically formulated temperature. A wide range of PCMs have been developed including organic (paraffins and fatty acids), inorganics (salt hydrates and metallic) and eutectic combination of organic and/or inorganic materials. Thermal energy storage using PCMs is an effective way to store thermal energy, and makes them attractive for sustainable, environmentally friendly solutions. PCMs store thermal energy in the form of latent heat and provide maximum energy performance with minimal impact on the environment.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Photocatalytic Materials
The development of photocatalytic processes, materials, and chemicals offers opportunities to solve environmental issues such as clean air, pollutant degradation and provide a clean and sustainable environment via environmental remediation, CO2 photoreduction to fuels, water splitting, H2 production, interior bacterial and viral disinfection and suitable organic syntheses. Photocatalytic materials and chemicals offer environmentally-friendly disinfectant methods that are safe and effective for home use.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Polymer Foams
A polymer foam is a two-phase system that contains statistically distributed gas bubbles in a polymer matrix. Polymer foams can be rigid, flexible, or elastomeric, and can be produced from a wide range of polymers, such as polyurethane (PUR), polystyrene (PS), polyisocyanurate (PIR), polyethylene (PE), polypropylene (PP), poly(ethylene-vinyl acetate) (EVA), nitrile rubber (NBR), poly(vinyl chloride) (PVC), or other polyolefins. The market is dominated by PUR foams, followed by PS, PP and PVC foams. Innovations in materials and additives for polymer foams are spurring further growth in the market.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Self-healing materials
The need for sustainable manufacturing solutions is driving the growing market interest in self-healing materials, polymers and coatings. The use of self-healing materials, polymers and coatings can prolong the life of industrial materials, reducing plastic usage and negating the need to maintain and replace infrastructure.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Shape memory materials
Shape memory materials are a widely-investigated class of smart materials capable of changing from one predetermined shape to another in response to a stimulus. The demand for structures capable of autonomously adapting their shape according to specific varying conditions has led to the development of shape memory materials such as Shape Memory Alloys (SMA) and Shape Memory Polymers (SMP). SMAs are used in couplings, actuators and smart materials and are particularly suitable for adaptive structures in electrical components, construction, robotics, aerospace and automotive industries. Systems based on SMA actuators are already in use in valves and drives, where they offer lightweight, solid state options to habitual actuators such as hydraulic, pneumatic and motor based systems.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Thermal interface materials
Thermal interface materials (TIMs) offer efficient heat dissipation to maintain proper functions and lifetime for these devices. TIMs are materials that are applied between the interfaces of two components (typically a heat generating device such as microprocessors, photonic integrated circuits, etc. and a heat dissipating device e.g. heat sink) to enhance the thermal coupling between these devices. A range of Carbon-based, metal/solder and filler-based TIMs are available both commercially and in the research and development (R&D) phase.
- Market overview and analysis
- Market Map
- Latest market news 2024.
Latest update: January 2024.
Start-up and academic discounts available. Contact info@futuremarketsinc.com
Payment methods: Visa, Mastercard, American Express, Paypal, Bank Transfer.
To purchase by invoice (bank transfer) contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.
Market overview
Advanced materials are novel, manufactured or naturally occurring materials that because of their properties provide differentiated performance to conventional materials. The development of new products with improved performance and functionality is dependent on the advanced materials. New materials technologies underpin manufacturing and contribute in innovation in many sectors. This section mainly covers materials that run parallel to nanomaterials development or do not strictly meet the nanomaterials definition.
Tech verticals: Advanced Adhesives, Aerogels, Antimicrobial Coatings and Technologies, Electrically conductive adhesives, Hydrogels, Ionic Liquids, Metal-organic Frameworks (MOFs), Metamaterials and metasurfaces, Phase Change Materials, Self-healing materials, Thermal interface materials.
*Access to blow category links are activated for online viewing/download after subscription, via log-in. Please subscribe to TECHTRENDS to view all content.
Aerogels
Aerogels are nanostructured materials with low density, high surface area (>150 m2/g) and open porosity (typically 95–99.99 %), resulting in very low densities. The pores are very narrow (2–50 nm), which contributes to very high specific surface areas. Their high porosities and low densities make aerogels excellent light-weight insulators of heat, sound, and electricity, and their high specific surface areas make them good absorbers of both active materials for controlled release, and of pollutants. Applications range from tissue engineering to building insulation.
- Market overview and analysis*
- Market Map*
- Latest market news 2024*
Latest update: January 2024.
Antimicrobial Coatings and Technologies
The use of advanced antimicrobial coatings and technology (virucidal, bactericidal and fungicidal) has come to the fore recently due to the impact of the Covid-19 crisis, and has greatly increased demand, especially for high touch surfaces in healthcare, retail, hotels, offices and the home. Antimicrobial resistance (AMR) has been declared one of the top 10 global public health threats facing humanity by the World Health Organization and is projected to be responsible for the death of 10 million people every year by 2050. Antimicrobial surface technologies are considered an important factor in limiting the spread of infectious diseases, as a form of environmental disease control.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Electrically conductive adhesives
Conductive adhesives both bond materials and conduct electricity, and are used in a wide range of electrical and electronic applications. These adhesives generate conductivity at curing temperatures that are lower than other conductive bonding methods and materials, such as soldering or welding, and changing binder components enables them to conductively bond a variety of metals.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Hydrogels
In recent years, development of hydrogels has intensified for varied applications, especially in the biomedical market including tissue engineering, drug delivery, and biosensing. A hydrogel is a three-dimensional (3D) network of hydrophilic polymers that can swell in water and hold a large amount of water while maintaining the structure due to chemical or physical cross-linking of individual polymer chains.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Ionic Liquids
Ionic liquids (IL) are a class of solvents comprised of ions and short-lived ion pairs. Ionic liquids have melting points lower than 100 °C and some are liquid at and below room temperature. Various ionic liquids with different properties can be created by combining different cations and anions. Ionic liquids exhibit properties such as very low vapor pressure, nonvolatility, high ionic conductivity, high electrochemical and thermal stability with a large range of temperature. Applications include batteries and supercapacitors, rare-earth metal recycling, agriculture (herbicides, fungicides, antimicrobials, stimulants), lubricants, biofuels, separation processes, metal and surface finishing, polymer additives, catalysts, pharmaceuticals (e.g. drug delivery).
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Metal-organic Frameworks (MOFs)
Metal-organic frameworks (MOFs) are self-assembled combinations of metals and inorganic ligands that result in a relatively young class of highly ordered, porous materials. Due to their high surface area (>7000 m2/g), extremely high porosity and favourable thermal properties, MOFs are being investigated in gas storage and separation, purification, carbon capture, utilization and storage, electrochemical energy storage and sensing. Commercial activity has grown greatly in recent years.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Metamaterials and metasurfaces
Metamaterials is a fast-developing area and will become a multi-billion dollar market within the next decade with product advances in radar and lidar for autonomous vehicles, telecommunications antenna, 6G networks, coatings, vibration damping, wireless charging, noise prevention and more.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Phase Change Materials
Phase Change Materials (PCMs) are wax-like thermal compounds that change phase at a specifically formulated temperature. A wide range of PCMs have been developed including organic (paraffins and fatty acids), inorganics (salt hydrates and metallic) and eutectic combination of organic and/or inorganic materials. Thermal energy storage using PCMs is an effective way to store thermal energy, and makes them attractive for sustainable, environmentally friendly solutions. PCMs store thermal energy in the form of latent heat and provide maximum energy performance with minimal impact on the environment.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Photocatalytic Materials
The development of photocatalytic processes, materials, and chemicals offers opportunities to solve environmental issues such as clean air, pollutant degradation and provide a clean and sustainable environment via environmental remediation, CO2 photoreduction to fuels, water splitting, H2 production, interior bacterial and viral disinfection and suitable organic syntheses. Photocatalytic materials and chemicals offer environmentally-friendly disinfectant methods that are safe and effective for home use.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Polymer Foams
A polymer foam is a two-phase system that contains statistically distributed gas bubbles in a polymer matrix. Polymer foams can be rigid, flexible, or elastomeric, and can be produced from a wide range of polymers, such as polyurethane (PUR), polystyrene (PS), polyisocyanurate (PIR), polyethylene (PE), polypropylene (PP), poly(ethylene-vinyl acetate) (EVA), nitrile rubber (NBR), poly(vinyl chloride) (PVC), or other polyolefins. The market is dominated by PUR foams, followed by PS, PP and PVC foams. Innovations in materials and additives for polymer foams are spurring further growth in the market.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Self-healing materials
The need for sustainable manufacturing solutions is driving the growing market interest in self-healing materials, polymers and coatings. The use of self-healing materials, polymers and coatings can prolong the life of industrial materials, reducing plastic usage and negating the need to maintain and replace infrastructure.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Shape memory materials
Shape memory materials are a widely-investigated class of smart materials capable of changing from one predetermined shape to another in response to a stimulus. The demand for structures capable of autonomously adapting their shape according to specific varying conditions has led to the development of shape memory materials such as Shape Memory Alloys (SMA) and Shape Memory Polymers (SMP). SMAs are used in couplings, actuators and smart materials and are particularly suitable for adaptive structures in electrical components, construction, robotics, aerospace and automotive industries. Systems based on SMA actuators are already in use in valves and drives, where they offer lightweight, solid state options to habitual actuators such as hydraulic, pneumatic and motor based systems.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Thermal interface materials
Thermal interface materials (TIMs) offer efficient heat dissipation to maintain proper functions and lifetime for these devices. TIMs are materials that are applied between the interfaces of two components (typically a heat generating device such as microprocessors, photonic integrated circuits, etc. and a heat dissipating device e.g. heat sink) to enhance the thermal coupling between these devices. A range of Carbon-based, metal/solder and filler-based TIMs are available both commercially and in the research and development (R&D) phase.
- Market overview and analysis
- Market Map
- Latest market news 2024.
Latest update: January 2024.
Start-up and academic discounts available. Contact info@futuremarketsinc.com
Payment methods: Visa, Mastercard, American Express, Paypal, Bank Transfer.
To purchase by invoice (bank transfer) contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.
Market overview
There are mounting global challenges in healthcare with regard to escalating costs, managing antimicrobial drug resistance and providing increased patient access. Advanced biomaterials have been engineered to be compatible with biological tissues and organs. They can be either synthetic or biological – their main characteristics being their biocompatibility in a defined application. Biomaterials offer a huge range of new possibilities to repair the human body, prevent pathologies and monitor the healing process or chronic health conditions of patients. Advanced materials are leading to great strides in functional therapeutics, point-of-care diagnostics, translational materials, and bioengineering devices.
Tech verticals: Advanced wound care and management, Advanced antimicrobial coatings and technology (virucidal, bactericidal and fungicidal), Biodegradable ceramics, metals, composites and polymeric biomaterials, Bioprinting, Biosensors, Coatings and surface treatments, Diagnostics, Electronic skin patches, Hydrogels, Multifunctional implants, Nanomedicine, Remote patient monitoring, Stimuli response biomaterials, Telehealth, Wearable technologies in biomedicine, healthcare and wellness.
Advanced wound care and management
With the increasing resistance of wounds to antibiotics and the dramatic fall in the number of antibiotics in development, the use of effective anti-bacterial treatments in wound management is of increasing importance. Alternative wound healing strategies are urgently needed.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Antimicrobial Coatings and Technologies
The use of advanced antimicrobial coatings and technology (virucidal, bactericidal and fungicidal) has come to the fore recently due to the impact of the Covid-19 crisis, and has greatly increased demand, especially for high touch surfaces in healthcare, retail, hotels, offices and the home. Antimicrobial resistance (AMR) has been declared one of the top 10 global public health threats facing humanity by the World Health Organization and is projected to be responsible for the death of 10 million people every year by 2050. Antimicrobial surface technologies are considered an important factor in limiting the spread of infectious diseases, as a form of environmental disease control.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Bioprinting
The use of bioprinting technologies for tissue engineering, regenerative medicine and 3D printing allows for the ability to mimic the 3D structure of any tissue. In 3D bioprinting, small units of biomaterials, biochemicals, and living cells are positioned precisely with functional components to fabricate tissue-like 3D structures., such as synthetic human tissue and even entire organs. The printers are equipped with cartridges that contain living cells instead of conventional ink (biotint).
Tech covered: Bioprinter devices, services, bioinks, bioprinting software.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Biosensors
There has been a remarkable growth in the development of a wide range of biosensors which include electrochemical nanosensors, optical nanosensors, nano-barcode technology, e-Nose and e-Tongue, wireless nanosensors, and wireless sensor network. In recent years, the growth in lab-on-a-chip (LOC) and point-of-care (POC) diagnostics for the detection and monitoring of diseases (as well as water and food quality monitoring) has driven research in the use of advanced materials as sensor elements.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Diagnostics
Precise and accurate diagnosis of human related diseases (i.e., genetic disorders, pathogen infection, etc.) is of paramount importance for health care in both developed and developing countries. It ensures that patients have access to the most favourable therapeutic agents in the shortest time span, leading to better prognosis. This translates to significant reductions in the financial burden for health care systems. In developed countries, diagnostics is usually performed at centralized laboratories by specialized personnel. In developing countries, where these infrastructures usually lack the appropriate equipment and/or personnel, accurate diagnosis may be cost-prohibitive and therefore inaccessible. To overcome these bottlenecks, technologies that allow diagnosis at the site of care—point-of-care testing (POCT)—are of great importance, allowing for a reduction in sample transportation and processing, use at the point of need, and more importantly, a shorter time between diagnosis and appropriate therapeutic intervention.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Electronic skin patches
Electronic skin patches are shaping the future of healthcare. Product areas covered include continuous glucose monitoring (CGN) skin patches, cardiovascular monitoring skin patches, temperature and respiratory rate monitoring, pregnancy and new born monitoring, electrical stimulation skin patches, hydration and sweat sensing skin patches, wound monitoring and care, motion sensing, medical implants, sleep trackers, wearable RFID, robotics, and wireless and self-powering skin patches.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Hydrogels
In recent years, development of hydrogels has intensified for varied applications, especially in the biomedical market including tissue engineering, drug delivery, and biosensing. A hydrogel is a three-dimensional (3D) network of hydrophilic polymers that can swell in water and hold a large amount of water while maintaining the structure due to chemical or physical cross-linking of individual polymer chains.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Nanomedicine
Nanomedicine is the application of nanotechnologies to healthcare. Nanoparticles and nanomaterials can potentially cross natural barriers to access new sites of delivery and to interact with DNA, RNA and small proteins at different levels, in blood or within organs, tissues or cells. Coating particles and functionalising their surfaces increases their biocompatibility and circulation time in the blood, as well as to ensure a highly selective binding to the desired target. Applications include In-vivo, in-vitro and combined with imaging through biomarker detection; Smart drug delivery; Drug-free nanotherapeutics; Optimised regenerative medicine; Remote monitoring.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Remote patient monitoring
Remote patient monitoring is important for treatment of diseases & conditions, providing a source of patient clinical data including activity, heart rate, blood pressure, heart rhythm, and blood glucose. This is accomplished via the use of electronic skin patches and non-contact monitoring systems, cuffless blood pressure monitoring devices, mobile cardiac telemetry, continuous glucose monitoring technology wearables, digital biomarkers, static and wearable sensors and wearable wellness devices as an incentive for health insurance.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Telehealth
Telehealth is the use of digital information and communication technologies to access health care services remotely and manage a patients health care. Technologies can include computers and mobile devices, such as tablets and smartphones. This may be technology you use from home or by medical professionals remotely.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Wearable technologies in biomedicine, healthcare and wellness
Wearable technologies in biomedicine, healthcare and wellness are non-invasive and autonomous devices that capture, analyze, and aggregate physiological data to enhance individual health and well-being. These devices are used to self-monitor or self-assess, allowing individuals, patients and medical staff to better understand behaviour and body, and therefore health.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Start-up and academic discounts available. Contact info@futuremarketsinc.com
Payment methods: Visa, Mastercard, American Express, Paypal, Bank Transfer.
To purchase by invoice (bank transfer) contact info@futuremarketsinc.com or select Bank Transfer (Invoice) as a payment method at checkout.
Market overview
Due to evolving standards for building regulations and demand for occupant comfort, the performance of building envelopes continues to improve. Buildings account for ~30-40% of the world’s total primary energy, and the benefits of energy efficient buildings are numerous, from better thermal comfort to longer buildings lifecycle. In order to adhere to regulations, many new buildings are required to meet energy efficiency targets. These targets are increasingly met through technology, and in most cases rely on advanced materials, either by developing new materials or modifying existing ones. The use of advanced materials, nanomaterials, and smart materials, is now driving improved building envelope performance by allowing reconciliation of the architectural features of buildings with the new challenges of energy and environmental efficiency.
Tech verticals: Aerogels, Advanced Concrete and Cement Materials and Technology, Biobased Insulation, Energy Harvesting, Smart glass and windows, Smart Lighting, Smart Sensors.
*Below links are activated for online viewing/download after subscriber log in.
Advanced construction materials
Concrete, the virtually most utilized construction materials globally, is found to also have several limitations and challenges. Among these issues are depleting natural raw materials sources, high energy consumption, and increasing production cost. On the other hand, the cost of running buildings is extremely high due to high energy consumption for cooling and heating spaces within the building. About one-third of the energy consumption for most countries can be attributed to that consumed by buildings . Therefore, in order to reduce the running cost for buildings and improve the sustainability of our environment, it is pertinent to find innovative alternatives to reduce the energy consumption of buildings.
Tech covered: Graphene, Multi-walled carbon nanotubes (MWCNTs), Single-walled carbon nanotubes (SWCNTs), Cellulose nanofibers, Nanosilica, Nano-titania (TiO2), Zycosoil, Phase change materials, Self-healing materials, Self-sensing concrete, 3D printing construction materials, Environment-adaptive skin facades, Memory steel, Biomaterials, Double-skin façades, Carbon negative concrete, Vibration dampening, Smart air filtration and HVAC, Heating and energy efficiency
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Advanced coatings and surfaces for construction
Advanced multi-functional and protective coatings are growing in use in both new construction and retrofitting to improve durability, comply with sustainability requirements and add novel and health functions. Innovative functions include air-purifying and fire-resistant properties, long-lasting aesthetical appearance, water resistance, anti-fouling and anti-microbial surfaces.
Tech covered: Photocatalytic coatings, UV-protection, Anti-graffiti, Super-hydrophilic and hydrophobic, Anti-reflection, Electrochromic, Metamaterial cooling films, Anti-fouling, Thermally insulating paints, Bio-based protective coatings, Self-healing coatings, Smart protective coatings.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Aerogels
Aerogels are nanostructured materials with low density, high surface area (>150 m2/g) and open porosity (typically 95–99.99 %), resulting in very low densities. The pores are very narrow (2–50 nm), which contributes to very high specific surface areas. Their high porosities and low densities make aerogels excellent light-weight insulators of heat, sound, and electricity, and their high specific surface areas make them good absorbers of both active materials for controlled release, and of pollutants. Applications range from tissue engineering to building insulation.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Bio-based insulation
Bio-based insulation materials (such as wood or hemp) are emerging as a promising alternative in building envelope applications, resulting in an improvement in-use energy efficiency. Compared to common insulation materials (rock and glass wool or petrol-based foams) bio-based materials present the advantage of being renewable, with a low embodied energy and CO2 neutral or negative.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Energy harvesting
Solar energy utilization occurs in the form of PV parks and PVs installed on building roofs and facades to create electrical power as well as in the form of solar thermal collectors to heat water and space. PV technologies include two categories: building-integrated photovoltaics (BIPV) in which traditional building envelopes (windows, roofs, walls) are replaced by PV panels that act like envelopes; in building-applied photovoltaics (BAPV), PVs are attached to the walls or roof of the building. In BIPV, PV modules serve the dual function of building skin—replacing conventional building envelope materials—and power generator. By avoiding the cost of conventional materials, the incremental cost of photovoltaics is reduced and its life-cycle cost is improved. Building components can significantly reduce their energy consumption through implementing energy harvesting, self-sustained sensing and actuating devices with piezoelectric materials. Thermoelectric (TE) materials can be used in building façade systems, which can be used to create active exterior enclosures. Microalgae bioreactive façades are at an early stage in high-performance architecture, but have the potential to contribute to the improve energy and environmental footprint of buildings. The integration of microalgae bioreactors with a building can affect the building's thermal loads and significantly decrease the building's energy demands.
Tech covered: Microalgae bioreactive façades , Piezoelectric materials, Thermoelectric materials, Building Integrated Photovoltaics (BIPV), Bioadaptive glazing.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Smart glass and windows
Advances in materials science and technology are leading to better buildings and transportation with improved energy efficiency and indoor conditions. A main focus is on improving windows and glass facades for enhanced comfort, privacy and sustainability. Current practices often lead to huge energy expenditures related to excessive inflow or outflow of energy which need to be balanced by energy-intensive cooling or heating. Smart/switchable/dynamic glass or smart windows are increasingly utilized for thermal management, energy efficiency, and privacy applications that by modulating light transmittance when voltage, light, or heat is applied. These technologies allow for the state of the glass to switch from transparent to translucent, or vice versa. This transition can occur passively or actively depending upon the device technology.
Tech covered: Electrochromic (EC) smart glass, Thermochromic smart glass, Suspended particle device (SPD) smart glass, Polymer dispersed liquid crystal (PDLC) smart glass, Photochromic smart glass, Micro-blinds, Electrokinetic glass, Graphene smart glass, Heat insulation solar glass (HISG).
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Smart lighting
Efficient and effective use of lighting can have a great impact on the overall energy and cost saving in both residential and commercial buildings. Besides building design, attractive lighting depends on the performance of lighting technologies, which in turn must adapt to new smart grid concepts. In recent years, new technical solutions have extended traditional lighting systems to become ‘smart’. With recent developments in lighting technologies and light sources, such as LEDs and digital light control, smart lighting is part of the Internet of Things (IoT) concept. Innovative alternatives for lighting have grown in the last few year, with many of them enabled by the development of advanced materials. While many lighting technologies are commercially available, the technology most likely to dominate the future is the lighting-emitting diode (LED) which can be inorganic (crystalline semiconductor devices) or organic (OLEDs).
Tech covered: LEDs, Organic LEDs (OLEDs), Quantum dots, Flexible lighting.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Smart sensors
Monitoring and control of building conditions and operations has advanced significantly. Having universal sensors that manage the lighting; heating, ventilation, and air conditioning (HVAC); and other systems is the optimum means by which smart buildings can make the most efficient use of their data. The building of the future may have printed sensors built into the walls, floor, and ceiling to detect water leaks, air quality, usage patterns, and more. Sensors provide the abundance of data that can be used to increase the efficiency and comfort in a building. Temperature, relative humidity, air quality and occupancy are among the most important measurements to be taken by sensors in a smart building.
Tech covered: Temperature sensors, Motion sensors, Humidity sensors, Sensors for air quality, CO2 sensors for energy efficient buildings.
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Latest update: January 2024.
Thermal and sound insulation
There is an ongoing need to improve the energy efficiency of buildings and reduce energy usage. Energy consumption reduction under varying climate conditions is a major challenge in buildings design, where excessive energy consumption creates an economic and environmental burden. Building heating and cooling account for over 30 percent of the total residential electricity demand globally.
Applying conventional insulation products (e.g. expanded polystryrene (EPS), extruded polystyrene (XPS) and fibre products) to the building envelope is a common and mature practice to increase thermal resistance. Novel insulation technologies such as Vacuum Insulation Panels and aerogel can provide the required thermal resistance using layers that are much thinner than conventional insulation materials and hence reducing the thickness of the building structure.
Tech covered: Vacuum Insulation Panels (VIP), Aerogels, Transparent Insulation Materials (TIM)
Metamaterials, Graphene, Nanofiber‐based insulation material, Shape memory sound absorption.
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Latest update: January 2024.
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Market overview
Advanced Carbon Materials such as carbon fiber, carbon foams, graphene, carbon nanotubes, etc., possess unique mechanical, electrical, biological and chemical properties that have led to a variety of applications in electronics, energy storage, catalysis, filtration and sensing.
Tech verticals: Activated Carbon, Carbon Black, Carbon Fibers, Carbon Foams, Carbon Nanofibers, Diamond-like carbon (DLC) coatings, Fullerenes, Graphene, Graphene Quantum Dots, Graphite, Lab Grown Diamonds, Multi-walled Carbon Nanotubes, Nanodiamonds, Single-walled Carbon Nanotubes, Other nanotubes.
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Activated Carbon
Activated carbon, also known as activated charcoal, is a form of carbon processed to have small, low-volume pores that increase the surface area available for adsorption or chemical reactions. It can be produced from a range of feedstocks from both plant and animal sources. It is used as an adsorbent in drinking water purification, ground and municipal water treatment, power plant and landfill gas emissions, and precious metal recovery.
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Latest update: January 2024.
Biochar
Produced via a special chemical process, biochar helps boost tree growth, improves soil quality and traps large amounts of carbon dioxide. Biochar is created when organic waste, such as fallen tree branches and dead plants, are heated at 200-400°C with little or no oxygen, in a process known as pyrolysis. In addition to this long-term carbon sequestration role, biochar is also beneficial to soil performance as it improves the retention and diffusion of water and nutrients.
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Latest update: January 2024.
Carbon Black
Carbon black is a reinforcement and performance additive for plastic and rubber compounds to improve resilience, strength, and conductivity of end products. Main markets for carbon black are rubber (tyre and other rubber goods) and non-rubber (plastics, cables, conductive additives, inks & paints etc.). Specialty carbon black and recovered carbon black (rCB) are also increasingly important elements of the overall market.
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Latest update: January 2024.
Carbon Fibers
Carbon fiber (CF) is used as a reinforcement material in composites. Carbon fiber reinforced polymers (CFRP) are mainly used in wind energy, automotive, aerospace (commercial and military aircraft, space launch vehicles), and pressure vessel industries for increased strength to weight and stiffness. Other markets are sports & leisure composites (skis and snowboards, bicycles and hockey sticks) and construction.
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Latest update: January 2024.
Carbon Foams
Carbon foams are materials with a porous structure consisting mainly of macropores, which have a high specific area, light weight, electrical conductivity, high thermal insulation and thermal stability. They are currently applied as adsorbents, electrodes, catalyst supports, thermal insulators at high temperatures etc. Carbon foams can be formed from existing carbon powders such as graphite, graphene and carbon nanotubes in combination with a polymer binder. In other cases, carbon foams or carbon aerogels are formed from polymeric precursors which are then pyrolyzed in an inert atmosphere.
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Latest update: January 2024.
Carbon Nanofibers
Carbon nanofibers are one-dimensional sp2 -hybridized carbon nanostructures consisting of discontinuous filaments with aspect ratios (length/diameter) greater than 100. CNFs differ from the carbon nanotubes which own structures like wrapping graphene layers to perfect cylinders. CNFs reveal smooth, porous, hollow, helical, and stacked-cup structures, and they have good thermal conductivity, electric conductivity, and high specific surface area. Carbon nanofibers find application in electronics (heat management) and energy (batteries, catalysts and fuel cells).
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Latest update: January 2024.
Carbon Nanotubes (MWCNTs, SWCNTs, other)
The global carbon nanotubes (CNT) market has experienced renewed growth recently, driven by demand for conductive materials for lithium-ion batteries for electric vehicles and other energy storage applications, with many producers greatly increasing production capacities.
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Latest update: January 2024.
Diamond-like carbon (DLC) coatings
Diamond-like carbon (DLC) coatings are amorphous carbon material which exhibits typical properties of diamond such as hardness and low coefficient of friction, characterized based on the sp3 bonded carbon and structure. DLC coatings can be deposited using a number of different techniques which can generally be divided in two categories: chemical vapour deposition (CVD) and physical vapour deposition (PVD).
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Latest update: January 2024.
Fullerenes
Fullerene is the generic term used for carbon cluster, where C60 is the representative substance. Carbon molecule consists of 60 atoms and has icosahedral (soccer ball type) structure. Carbon molecules are also found consisting of 70, 76, 78, 96 and 240 atoms, etc. The molecular diameter of C60 is 1nm (diameter of carbon skeleton is 0.7nm). The unique molecular structures of fullerenes lead to interesting photonic, electronic, superconducting, magnetic and biomedical properties.
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Latest update: January 2024.
Graphene
The market for graphene has grown hugely in the past decade, with numerous products now on the market and more to come as graphene producers record steadily increasing revenues and OEMs witnessing significant returns in clothing, sportswear, footwear, tires, batteries etc. The market for graphene in batteries is witnessing large-scale investments. Graphene is attracting increasing attention from investors, researchers and industrial players due to exceptional mechanical, electronic, and thermal properties. Graphene is available in multi-ton quantities from many producers.
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Latest update: January 2024.
Graphite
Graphite is a critical raw material for the green transition and demand is increasing in markets including electric vehicles and green energy storage. Based on current production, demand from these markets will result in a significant supply shortfall by 2033 unless mining and production is greatly expanded. Future energy needs will require supply of raw materials for the development of low-carbon technologies. Graphite is viewed as a critical material for decarbonizing transportation and heavy industry, resulting in high market growth in the coming years.
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Latest update: January 2024.
Lab Grown Diamonds
A diamond possesses the highest chemical stability, as well as unique conductivity and thermal shock resistance. Lab-grown diamonds have recently risen to prominence as replacement for natural diamonds. The fine jewellery market is the main customer for lab-grown diamonds. However, other applications are also being developed in thermal management, optics, quantum computing, high-power electronics and diamond detectors.
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Latest update: January 2024.
Nanodiamonds
Nanodiamonds (NDs) are diamond phase carbon nanomaterials that were initially used for their strong abrasive properties and as lubricant additives for industrial applications. Now they are impacting a broad range of markets including batteries, supercapacitors, skincare, biomedicine, coatings and plastics. Main types of commercial NDs produced are categorized as high-pressure high temperature (HPHT) nanodiamonds, CVD diamond and detonation nanodiamonds (DND). Extremely small amounts of nanodiamond additives can modify a variety of thermal and mechanical properties in various parent materials.
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Market overview
In the past two decades, considerable efforts have been made to develop ultra-high-performance advanced paints and coatings. Current coatings technology is driven by several technical and commercial challenges. While conventional coatings applied to surfaces act as protective layers, recent developments in advanced and high-performance coatings have achieved the ability to incorporate changes in the surface and bulk properties of the coating, thereby enabling functionalities, such as scratch resistance, hydrophobicity, antimicrobial protection, gas and moisture permeation resistance and cohesive strength to name just a few.
There is increasing market demand for advanced multi-functional paint and coatings technologies with enhanced surface effects, capable of disrupting existing business models. The use of advanced renewable-based additives is also meeting demand for more natural, sustainable products with state-of-the-art performance. Novel additives enables coating formulators to offer smooth surfaces with outstanding new properties.
Tech verticals covered: Anti-Fog Coatings and Films, Antimicrobial Coatings and Technologies, Bio-based coatings and paints, Diamond-like carbon (DLC) coatings, Hydrophobic, Superhydrophobic, Oleophobic and Omniphobic Coatings, Nanocoatings (Nanostructured Coatings, Films and Surfaces), Photocatalytic Coatings, Self-healing coatings, Smart coatings.
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Anti-Fog Coatings and Films
Anti-fog coatings are also known as non-mist coatings and their use have grown in use in eyewear and headgear in the last few years. Fogging by moisture condensation on transparent substrates presents a major challenge in several optical applications that require excellent light transmission characteristics, such as eyeglasses and vehicle windshields, and can lead to serious hazards involving in blurred vision, light scattering, energy consumption and safety hazard during the usage process of transparent glass and plastics. These problems limit the uses of transparent polymeric materials. Anti-fogging additives are also widely used in food packaging films.
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Latest update: January 2024.
Antimicrobial Coatings and Technologies
The use of advanced antimicrobial coatings and technology (virucidal, bactericidal and fungicidal) has come to the fore recently due to the impact of the Covid-19 crisis, and has greatly increased demand, especially for high touch surfaces in healthcare, retail, hotels, offices and the home. Antimicrobial resistance (AMR) has been declared one of the top 10 global public health threats facing humanity by the World Health Organization and is projected to be responsible for the death of 10 million people every year by 2050. Antimicrobial surface technologies are considered an important factor in limiting the spread of infectious diseases, as a form of environmental disease control.
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Latest update: January 2024.
Bio-based coatings and paints
Over the past decade, the coatings industry has increasingly introduced eco-friendly technologies, such as processes involving UV-cure, treatments with less or no solvents, waterborne products, hyperbranched, high solid coatings to achieve high-performance coatings. This is now being supplemented by the production of coatings centred on bio-based materials in order to obtain a treatment that is sustainable from both the point of view of the production process and the raw materials used. Many producers have introduced bio-based alternatives in product formulations, replacing fossil-based compounds that possess similar properties, and also potentially have wider applications.
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Latest update: January 2024.
Diamond-like carbon (DLC) coatings
Diamond-like carbon (DLC) coatings are amorphous carbon material which exhibits typical properties of diamond such as hardness and low coefficient of friction, characterized based on the sp3 bonded carbon and structure. DLC coatings can be deposited using a number of different techniques which can generally be divided in two categories: chemical vapour deposition (CVD) and physical vapour deposition (PVD).
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Latest update: January 2024.
Edible films and coatings
Edible films and coatings are thin layers of material (their thickness is generally less than 0.3 mm) used for enrobing the food product to replace or fortify the natural layers and can be consumed as a part of the product or with further removal. Therefore, the materials used in the formulation should conform to the general food laws and regulations. Additionally, the coatings and films should not affect the organoleptic properties of the food product negatively. Edible films made from natural biopolymers provide a viable alternative to synthetic food packaging due to their edibility, biodegradability and compostability as well as to their use as active packaging. Active compounds incorporated in edible films could protect foods against deterioration during storage and therefore extend their shelf life. Hydrocolloids, both polysaccharides and proteins, are the most common group of biopolymers used in the production of edible materials. They can be obtained from sources such as plants, animals or microorganisms. Cellulose derivatives, starches, alginates, pectins, chitosans, pullulan, and carrageenans are the most popular polysaccharides used in the production of edible films and coating, whereas among proteins the most popular are soybean proteins, wheat gluten, corn zein, sunflower proteins, gelatin, whey, casein and keratin.
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Latest update: January 2024.
Hydrophobic, Superhydrophobic, Oleophobic and Omniphobic Coatings
There has been increased recent commercial activity in hydrophobic, superhydrophobic, oleophobic and omniphobic coatings that demonstrate the ability to shed fluids quickly off of surfaces. The market is large and growing. Hydrophobic coatings are commercially available and durable. Superhydrophobic sprays applied by the consumer are available in a number of markets including textiles and architectural coatings. The market also expanded over the few years in markets such as packaging, aerospace and especially electronics (for waterproofing).
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Latest update: January 2024.
Nanocoatings (Nanostructured Coatings, Films and Surfaces)
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Photocatalytic Coatings
Applications make use of the self-cleaning, anti-fogging, antimicrobial or water cleaving properties. Antimicrobial use of photocatalysis involves three components: exposure to light, a photosensitizer, and molecular oxygen. These three components combine to produce reactive oxygen species that effectively kill a wide variety of microorganisms. Their use is growing in household applications to provide long-term disinfection. Companies are now actively seeking solutions that kill bacteria using light sources commonly present in homes (near UV and visible light) including Photocatalytic processes that kill bacteria using light sources commonly present in homes (near UV and visible light); Photocatalytic processes that produce powerful sanitizers (e.g. ClO2); and Combinations of photocatalytic processes with other chemicals that increase antimicrobial activity, particularly substances commonly used in cleaning products like chelants and surfactants.
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Latest update: January 2024.
Self-healing coatings
Self-healing materials and coatings can heal or repair themselves automatically and autonomously from damage (e.g. mechanical or corrosion) without any external intervention. This process leads to the (partial) restoration of the original properties of these materials, in particular the mechanical properties. Main types of self-healing systems are intrinsic and extrinsic. Intrinsic self-healing is chemically driven by noncovalent bonds or reversible chemical bonds. In extrinsic systems microcapsules or vascular networks release healing agents to damaged locations or wounds.
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Latest update: January 2024.
Smart coatings
Smart coatings are coating systems that are capable of responding dynamically to external changes in their environment. These types of coatings elicit a sensory response to environmental stimuli such as changes in temperature or current and respond accordingly. The global smart coating market is segmented into self-healing coatings, electrochromic coatings, thermochromic coatings, hydrophobic coatings, superhydrophobic coatings, smart windows and glass coatings and films, oleophobic and omniphobic coatings and piezoelectric coatings.
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Latest update: January 2024.
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Market overview
Advanced materials and technologies drive product development in electronic components and systems. Traditionally, the electronics sector has been driven by the consumer electronics segment (e.g. PCs, telecoms, audio etc.), but embedded electronics
is the fastest growing market with applications in automotive, industrial manufacturing, aerospace, defence, security and medicine. Cutting-edge electronic technologies will continue to transform society, companies, and industries while also realizing economic growth.
Tech verticals: Additive Manufacturing, Artificial intelligence, Conductive Inks, Electronic skin patches, Electronic textiles and smart clothing, Haptics, Hearables, In-Mold Electronics, Metamaterials, Mini and MicroLEDs, Nanoelectronics, Neuromorphic Computing, Next generation displays, Next generation semiconductors, Power Electronics for Electronic Vehicles, Printed, Flexible, Stretchable and Rollable Electronics, Quantum Computing, Quantum Dots, Quantum Sensors, Sustainable electronics, Thermal interface materials, Transparent electronics, Virtual, Augmented and Mixed Reality, Wearable Electronics, Wearable sensors.
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Additive Manufacturing
Additive manufacturing (AM) technologies (also known as 3D printing) have been rapidly developing in wide range of markets, including aerospace, automotive, medical, architecture, arts and design, food, and construction. Transitioning from the visualization and prototyping stages into functional and actual part replacement offers huge design advantages. AM provides “tool‐less” capability for both prototyping and legacy part production. Because parts can be printed without investing in expensive, long leadtime molds, the economics are attractive at both ends of a product’s life cycle.
Tech covered: 3D printers, On-demand manufacturing, AM Software, AM Materials, Post-printing solutions.
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Latest update: January 2024.
Artificial intelligence
The development of artificial intelligence (AI) technologies is growing rapidly and transforming the global economy. AI uses data and algorithms to replicate human decision/thinking ability and can optimise the efficiency, precision, and performance of many existing technologies. The development and application of these technologies is an industry in its own right, but AI is also transforming business models across many sectors such as financial services, Information and Communication Technology (ICT), Life Science, Retail, Healthcare, Industrial Manufacturing, Automotive, Security, Oil & Gas, and Chemicals.
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Latest update: January 2024.
Conductive Inks
The current global market for conductive inks is valued at >$2.5 billion annually and will grow to around $5 billion by 2033, driven by growth in printed, flexible, stretchable & wearable electronics markets, and sub-sectors thereof. Conductive inks are infused with conductive materials which enable printing of electrically conductive surfaces. They are highly important for the fabrication of all forms of stretchable, flexible, and wearable electronic applications due to their role in connecting the various components of the devices.
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Latest update: January 2024.
Electronic skin patches
Electronic skin patches are shaping the future of healthcare. Product areas covered include continuous glucose monitoring (CGN) skin patches, cardiovascular monitoring skin patches, temperature and respiratory rate monitoring, pregnancy and new born monitoring, electrical stimulation skin patches, hydration and sweat sensing skin patches, wound monitoring and care, motion sensing, medical implants, sleep trackers, wearable RFID, robotics, and wireless and self-powering skin patches.
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Latest update: January 2024.
Electronic textiles and smart clothing
Traditional textiles simply function as a covering material. Based on the rapidly changing global demands and due to advanced technological improvements, the development of integrated electronics and responsive functionality on textiles has led to the emergence of E-textiles and smart textiles accommodating the revolution we are witnessing in wearable electronics.
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Latest update: January 2024.
Haptics
Haptic technology stimulates a sense of touch in electronic devices by using different forces, motions or vibrations. Surface haptics focuses on the stimulation of a sense of touch in flat surfaces including computer screens, displays, smartphones, etc. The technology has come to the fore over the last few years, moving from development to production. As the market for smartphones and tablets reaches maturity, consumers are seeking features beyond functionality. Automotive Human Machine Interface (HMI) is a fast-growing sector but has significant usability and safety issues that can be resolved with the use of surface haptic technology.
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Latest update: January 2024.
Hearables
Earbuds that can also be used as hearing aids are sometimes called hearables. These hearables make use of wireless technology to complement and improve the hearing experience of an individual suffering from hearing loss. These devices aim to optimize sound in all situations. Multiple manufacturers have entered the hearing enhancement market with products that provide individualized amplification (much like hearing aids do). Some hearables also include features such as heart rate monitoring, smartphone syncing, GPS, and music. Electronic manufacturers have entered the market with hearables measuring biometrics from vital signs (heart rate, body temperature, blood pressure, pulse oximetry, ECG, and electroencephalogram signals) to activity tracking, biometric personal identification, discreet wear, augmented hearing (such as Doppler Labs), and even translation.
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Latest update: January 2024.
In-Mold Electronics (IME)
In Mold Electronics (IME) is a process of integrating printed decorations and functional electronics with IMD (i.e., thermoforming and injection molding), resulting in 3D-shaped objects with embedded electronic functions. It allows product designers and electronics manufactures to create 3D contoured smart electronic surfaces, enabling the production of ergonomic, lightweight and durable parts through cost-effective manufacturing processes requiring less assembly and fewer moving parts. Markets include appliances, automotive, industrial and medical electronics.
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Latest update: January 2024.
Metamaterials and metasurfaces
Metamaterials is a fast-developing area and will become a multi-billion dollar market within the next decade with product advances in radar and lidar for autonomous vehicles, telecommunications antenna, 6G networks, coatings, vibration damping, wireless charging, noise prevention and more.
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Latest update: January 2024.
Mini and MicroLEDs
Recently, mini-LED and micro-LED have attracted major attention in the displays market and are being implemented in products by consumer electronics giants such as Samsung and Apple. The market is projected to explode in the next few years, taking a significant chunk of the displays market and pushing into wearables, transparent display, flexible display, stretchable display for skin-integrated devices, AR/VR, smartphones automotive lighting such as active headlights, and projector applications.
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Latest update: January 2024.
Neuromorphic Computing
Neuromorphic computing is a new type of computer architecture that mimics the structure and function of the human brain. It implements aspects of biological neural networks as analogue or digital copies on electronic circuits, and will address the challenges of the next-gen AI by providing a brain-inspired energy-efficient computing paradigm.
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Latest update: January 2024.
Next generation displays
The global display industry will continue to grow as the industry expands into next generation technologies and TV display performance improves. The Next-gen display market includes digital displays for electronics devices such as High Definition smart TVs, notebooks, tablets, large screen displays & signage, in-vehicle displays, wearables and near-eye displays such as virtual reality and augmented reality devices. Demand for high performance displays has increased in the past few years and QD-OLED and MiniLED backlights for LCD TVs have emerged recently.
Tech covered: MicroLED Displays, AR/VR/MR Displays, Flexible and Foldable Displays, Transparent Displays, 3D Displays, and Quantum Dot Displays.
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Latest update: January 2024.
Next generation semiconductors
The rapid development of smart technologies has accelerated the transition of semiconductors from microelectronics to atomic-scale dimensions. The industry requires constant development to meet the demands of the evolving digital landscape. Semiconductors have evolved from the first to third generation as technology advancement phases out traditional semiconductors deemed as less effective in high power applications. Silicon-based semiconductors have limitations, leading to the developments of improved, next-generation semiconductors that will allow for further innovation in sectors such as quantum technology and AI. Third generation semiconductors made using Gallium Nitride (GaN) and Silicon Carbide (SiC) are suitable for making high temperature, high frequency, radiation resistant and high power devices.
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Latest update: January 2024.
Printed, Flexible, Stretchable and Rollable Electronics
Potential applications for the printed, flexible and stretchable electronics market appear endless. The rapid boom in smart wearable and integrated electronic devices has stimulated demand for advanced intelligent systems with high performance, micro size, mechanical flexibility, and high-temperature stability for application as flexible and stretchable displays, personal health monitoring, human motion capturing, smart textiles, electronic skins and more. The key requirement for these applications is flexibility and stretchability, as these devices are subject to various mechanical deformations including twisting, bending, folding, and stretching during operation.
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Latest update: January 2024.
Quantum Computing
Quantum computing is still at an early stage, but the market is developing rapidly with public and private investment of over $40 billion to date. Large corporations, governments and start-ups are investing billions for what is expected to be a trillion dollar market within the report timeframe.
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Quantum Dots
Quantum Dots (QDs) are used in a range of optoelectronic devices, including TVs and displays, light-emitting devices (LEDs), solar cells, photodiodes, thermoelectrics, photoconductors and field-effect transistors, while QD solutions have been used in a number of in vivo and in vitro imaging, sensing and labelling techniques.
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Quantum Sensors
Quantum sensing is an advanced sensor technology that offers high level of sensitivity for sensing changes in motion, and electric and magnetic fields. Quantum sensors include atomic clocks, single-photon detectors, PAR sensors, quantum LiDAR and quantum radar, gravity sensors, atomic interferometers, magnetometers, quantum imaging devices, spin-qubit-based sensors, and quantum rotation sensors.
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Thermal interface materials
Thermal interface materials (TIMs) offer efficient heat dissipation to maintain proper functions and lifetime for these devices. TIMs are materials that are applied between the interfaces of two components (typically a heat generating device such as microprocessors, photonic integrated circuits, etc. and a heat dissipating device e.g. heat sink) to enhance the thermal coupling between these devices. A range of Carbon-based, metal/solder and filler-based TIMs are available both commercially and in the research and development (R&D) phase.
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Latest update: January 2024.
Transparent electronics
Conventional displays require a backlight, which can consume significant amounts of power. Transparent displays use an ambient backlight. The transparent electronics market has come to the fore recently, with several electronics giants developing transparent signage and prototype smartphones (Samsung Galaxy).
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Latest update: January 2024.
Virtual (AR), Augmented (AR) and Mixed Reality (MR) Devices
Virtual Reality (VR) devices enable the user to view and interact with immersive computer-generated environments, whereas Augmented Reality (AR) allows users to see their real-life environment with simulated elements added by the computer and viewed through a mobile phone, tablet, or AR glasses. Mixed Reality (MR) smart glasses combine VR and AR, and Apple has recently launched the Vision Pro.
In the future evolution process, VR all-in-one products will develop towards compactness, making the volume smaller and lighter, and improving the comfort of wearing and using; VR glasses will develop towards wireless development, and realize wireless connection through wireless communication technology. Eventually, with the improvement of data throughput and latency brought by 5G applications, the product content will be clouded, and the volume of terminal products will be further reduced, achieving a form similar to ordinary glasses and achieving more convenient use.
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Latest update: January 2024.
Wearable Electronics
Wearables are body-borne computational and sensory devices which can sense the person who wears them and/or their environment. Wearables can communicate either directly through embedded wireless connectivity or through another device (e.g. a smartphone). The data collected by the wearable device about the user or its environment is processed in a processing unit located locally or in an external server, and the results are ultimately provided to the wearer. Smart wearables may have control, communication, storage and actuation capabilities. The number and variety of wearable electronic devices has increased significantly in the past few years, as they offer significant enhancements to human comfort, health and well-being.
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Latest update: January 2024.
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Market overview
A wide range of advanced energy storage technologies are being developed to meet the needs of consumers, utilities and renewable energy companies. These include advanced batteries (e.g. Li-ion) & supercapacitors, thermal energy storage, mechanical energy storage, and hydrogen energy storage.
Tech verticals: EV battery cells and packs, Flexible, Printed and Thin Film Batteries, Fuel Cell Transportation, Li-ion batteries, Li-ion battery recycling, PEM fuel cells, Sodium-ion batteries, Solid Oxide Fuel Cells, Solid-state and Polymer Batteries, PEM Fuel Cells, Supercapacitors.
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Critical Minerals in Electric Vehicle (EV) Batteries
Advanced, rechargeable batteries with a very high round-trip efficiency are a key technology enabling improved energy generation and storage for a wide range of applications. Their use will accelerate progress towards sustainable and smart solution to current energy problems. Demand for batteries is increasing greatly with rapid growth in the next decade. Global battery demand by application will grow until 2030 to 2.6 Terrawatt hours (TWh), from which about 2.3 TWh will be for the EV-mobility sector, which is driving growth in lithium battery manufacturing. EV battery chemistries depend on five critical minerals: lithium, cobalt, manganese, nickel, and graphite. Most manufacturers are heavily dependent on imports for these minerals for use in EV batteries and other applications.
Tech covered: Lithium, Cobalt, Manganese, Nickel, Graphite, Recycling, Other Materials.
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Latest update: January 2024.
EV battery cells and packs
An EV battery, commonly called a battery pack, is an assembled component generally consisting of packaging and mounting structures, an electronic and electrical control system, and battery cells. Each cell contains two electrodes (a cathode and an anode), an electrolyte (a chemical solution that allows electricity to flow between the electrodes), and a separator (a physical barrier between the cathode and anode). Different configurations of cells, modules, and battery packs allow automotive manufacturers to create unique vehicle designs that address differences in size and weight, provide additional power, or extend vehicle range.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Flexible, Printed and Thin Film Batteries
Given the increasing demands for flexible and wearable electronics, it is necessary to develop corresponding energy storage devices that are mechanically flexible, foldable and even stretchable. These emerging energy storage devices also need to be lightweight and have high electrochemical performance with a high energy density, high rate capability, and long cycling life. In comparison with remarkable progress in regard to the other critical components in next-generation smart devices, such as flexible printed circuit boards and flexible or foldable displays, the development of rechargeable batteries with mechanical flexibility and high performance has been considerably slower.
Tech covered: Flexible Metal-sulfur batteries, Flexible Metal-air batteries, Flexible Lithium-ion Batteries, Flexible Li/S batteries, Flexible lithium-manganese dioxide (Li–MnO2) batteries, Flexible zinc-based batteries, Fiber-shaped batteries, Transparent batteries, Degradable batteries, Lithium-ion (LIB) printed batteries, Zinc-based printed batteries, 3D Printed batteries.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Fuel Cell Vehicles
Fuel cell electric vehicles (FCEVs) are powered by hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful emissions, emitting water vapor and warm air. FCEVs use a propulsion system similar to that of electric vehicles, where energy stored as hydrogen is converted to electricity by the fuel cell.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Hydrogen Technology
Hydrogen technology and production is a key part of decarbonization strategies and a means to achieve direct electrification. The three main types of hydrogen are grey hydrogen, blue hydrogen and green hydrogen. Future market development and low-carbon innovation is driven by green hydrogen (electrolyzers) and blue hydrogen technologies.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Li-ion batteries
Lithium-ion batteries are the dominant type of rechargeable batteries used in EVs and stationary energy storage. The most commonly used varieties are lithium cobalt oxide (LCO), lithium manganese oxide (LMO), lithium iron phosphate (LFP), lithium nickel cobalt aluminum oxide (NCA) and lithium nickel manganese cobalt oxide (NMC). Graphite is currently widely used as the anode in lithium-ion batteries.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Li-ion battery recycling
Approximately 95 percent of a Lithium-ion battery can be recycled into new batteries, however less than 1 percent of Li-ion batteries get recycled in the US and EU compared to 99 percent of lead-acid batteries. However, the designation of lithium as a critical mineral is compelling industrial efforts to recycling Li-ion batteries and many companies have come to the market recently.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Next generation battery tech
Growing demands for batteries from the EV market and other sectors is driving the need for improved and less expensive technologies. Issues with supply of key battery materials such as cobalt and lithium is also compelling the development of new materials and technology. Advanced new batteries are currently being developed, with some already on the market.
Tech covered: Solid-state, Hi-Si anodes, LFP, Ni-rich technology, Lithium Sulfur, Mn-rich technology, Iron-Air, Cobalt-free Li-ion, Cell-to-Pack, Post Li-ion.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
PEM Fuel Cells
PEM (Polymer Electrolyte Membrane) fuel cells can enable the reduction in our energy use, pollutant emissions, and dependence on fossil fuels. Properties include low operating temperature, high power density, and ease of scale-up, making them attractive for use as power sources for transportation, stationary, and portable applications.. Major advances have been made in commercializing PEM fuel cells in recent years, with PEM fuel cell buses and other vehicles hitting the market.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Sodium-ion batteries
Sodium-ion batteries are an emerging battery technology with promising cost, safety, sustainability and performance advantages over current commercialised lithium-ion batteries. Key benefits include the use of widely available and inexpensive raw materials and a rapidly scalable technology based around existing lithium-ion production methods. Several battery manufacturers are expected to launch mass production in 2023.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Solid Oxide Fuel Cells (SOFC)
SOFC technology has the potential for broad market penetration as the existing fuel infrastructure can be utilized as well as new hydrocarbon biofuels such as biogas, bio-ethanol or biomethanol. The high operating temperature and tolerance of SOFC systems to CO as well as to fuel contaminants such as H2S which is similar to that of combustion engines.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Solid-state and Polymer Batteries
All-solid state batteries (ASSBs), as next-generation energy storage systems can provide improved energy density and safety for a wide range of applications from portable electronics to electric vehicles. Compared to conventional lithium-ion batteries (LIBs), the all-solid-state battery (ASSB) offers the potential for higher energy densities with improved safety.
Two types of all solid-state batteries have been investigated: film-type and bulk-type batteries. Film-type all-solid-state batteries have been manufactured mainly using thermal vacuum evaporation, RF magnetron sputtering, and pulsed laser deposition (PLD) etc as a stack of sputter deposited films. Bulk-type all-solid-state batteries, which use composite electrodes with a powder mixture of electrode active material and solid electrolyte, are anticipated for use with large-scale power sources that have high energy density.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Supercapacitors
Supercapacitors (SCs) are important as energy storage devices for future electronic systems due to their superior power density, stability and cycle lives over batteries. As an alternative to batteries, SCs primarily store energy electrostatically. Their cycle lifetimes and power output are significantly higher than those of batteries. They can be made from non-toxic materials that are safer and more stable-SCs can be safely used under a wide range of conditions and can be disposed of easily, with much less damage to the environment. Mechanically flexible supercapacitors with high energy density, comparable with those of rechargeable batteries, and long term device cycling ability (>50 000 cycles) are of increasing importance for next-generation energy storage devices. Conventional supercapacitors consist of an outer case, current collectors in the form of metal foils, and positive and negative electrodes in electrolyte separated by ion transport layer. In flexible supercapacitors, the highly conducting and flexible carbon network serve as both the electrode and current collector.
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- Latest market news 2024
Latest update: January 2024.
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Market overview
The automotive sector is moving fast towards more electrification. In the last decade, there has been rapid developments in materials and technologies for Electric Vehicles (EV). Conventional battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs) available models and sales has grown greatly. Electric vehicles are based on technologies and components that in turn rely on the use of advanced materials and mineral resources. Components and technologies mainly include materials for advanced batteries, motors and electronics, lightweight structures, and other components specific to each vehicle type.
Verticals covered: Advanced Composites Materials for EVs, Critical Minerals in EV Batteries, EV battery cells and packs, EVs in Construction, Fuel Cell Vehicles, LiDAR and other sensors, Power Electronics, Thermal Management Materials.
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Advanced Composites Materials for EVs
Advanced materials and composites utilized in EVs include lightweight and high strength steel alloys and underlying metals (e.g., magnesium and aluminum), carbon fiber, graphite and graphene, copper, and steel alloying materials. They are utilized in EVs to ensure greater vehicle efficiency through lightweighting.
- Market overview and analysis*
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- Latest market news 2023*
Latest update: December 2023.
Critical Minerals in Electric Vehicle (EV) Batteries
Advanced, rechargeable batteries with a very high round-trip efficiency are a key technology enabling improved energy generation and storage for a wide range of applications. Their use will accelerate progress towards sustainable and smart solution to current energy problems. Demand for batteries is increasing greatly with rapid growth in the next decade. Global battery demand by application will grow until 2030 to 2.6 Terrawatt hours (TWh), from which about 2.3 TWh will be for the EV-mobility sector, which is driving growth in lithium battery manufacturing. EV battery chemistries depend on five critical minerals: lithium, cobalt, manganese, nickel, and graphite. Most manufacturers are heavily dependent on imports for these minerals for use in EV batteries and other applications.
Tech covered: Lithium, Cobalt, Manganese, Nickel, Graphite, Recycling, Other Materials.
- Market overview and analysis
- Market Map
- Latest market news 2023
Latest update: December 2023.
EV battery cells and packs
An EV battery, commonly called a battery pack, is an assembled component generally consisting of packaging and mounting structures, an electronic and electrical control system, and battery cells. Each cell contains two electrodes (a cathode and an anode), an electrolyte (a chemical solution that allows electricity to flow between the electrodes), and a separator (a physical barrier between the cathode and anode). Different configurations of cells, modules, and battery packs allow automotive manufacturers to create unique vehicle designs that address differences in size and weight, provide additional power, or extend vehicle range.
- Market overview and analysis
- Market Map
- Latest market news 2023
Latest update: December 2023.
EVS in construction
The decarbonization of the construction industry viewed by many as a global priority, with the development of electric construction vehicles seen as part of the solution. While on-road electric vehicles are becoming commonplace, the off-road electric construction vehicle market is still in at any early stage. Companies including Caterpillar, Hyundai, Komatsu, JCB and Volvo are developing prototype such as small compact machines including mini-excavators, small wheel loaders and dump trucks.
- Market overview and analysis
- Market Map
- Latest market news 2023
Latest update: December 2023.
Fuel Cell Vehicles
Fuel cell electric vehicles (FCEVs) are powered by hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful emissions, emitting water vapor and warm air. FCEVs use a propulsion system similar to that of electric vehicles, where energy stored as hydrogen is converted to electricity by the fuel cell.
- Market overview and analysis
- Market Map
- Latest market news 2023
Latest update: December 2023.
LiDAR and other sensors
LiDAR has already been incorporated into many existing vehicles ( e.g. pre-collision sensors) and is viewed as a critical technology for ADASs (advanced driver assisted systems) and fully autonomous vehicles (AV). A range of lidar technologies are being developed to address the needs of the EV and AV market, generally categorized by detection technique, scanning technique, and laser source. Detection techniques include time of flight (TOF) or frequency-modulated continuous wave (FMCW). Scanning techniques include mechanical (spinning, galvo mirrors, polygons, or MEMS), solid-state (flash or optoelectronic pulse amplifiers), and hybrid.
- Market overview and analysis
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- Latest market news 2023
Latest update: December 2023.
Power Electronics in EVs
The EV/HEV sector is a major growth driver for the power electronics market. Electronic components are increasingly used in automotive industry, including complex mixed-signal modules that support battery management systems (BMS), and power ICs that manage the shifts in voltages between charging stations, battery packs, motor drives, auxiliary battery, and braking systems.
Tech covered: SiC discrete, SiC module, GaN devices, IGBT modules, Sj MOSFET, LV MOSFET, IGBT discrete.
- Market overview and analysis
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- Latest market news 2023
Latest update: December 2023.
Thermal Management Materials in EVs
Effective temperature management is essential in all electronic devices. As temperatures rise, the efficiency, reliability, and life spans of these devices drop, including power electronics inside HEVs and EVs. In electric vehicles, thermal management involves the cooling of batteries, power electronic systems, and the motor. Electric vehicles need optimal temperatures (neither warm nor cold) to run efficiently. The optimum temperature is essential for the proper working of the battery pack, power electronic systems, and motor in the electric vehicle. When maintained at an optimal temperature, the battery charge, health, and capacity are preserved.
Tech covered: Advanced Materials, Battery Thermal Management, Thermal Management of Power Electronic Systems, Thermal Management of Electric Motors.
- Market overview and analysis
- Market Map
- Latest market news 2023
Latest update: December 2023.
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Market overview
Technological advances are driving progress in agriculture to enable the delivery of safe and abundant food. Agricultural Technology (AgTech) utilizes advanced solutions, from genetic engineering to sensors and robotics, to improve efficiency, sustainability, and profitability in the agricultural sector. New technological advancements and renewable methods are radically transforming the sector, exploiting new developments in automation, drone technology, biochemicals, precision framing and more.
Verticals covered: Animal biotechnology, Agrivoltaics, Alternative food ingredients, Biostimulants and biopesticides, Crop Biotech, Cell-cultured meat, Nanobubbles, Smart farming, Smart and intelligent packaging, Vertical Farming.
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Animal biotechnology
In animal biotechnology, molecular biology techniques are used to genetically engineer (i.e. modify the genome of) animals in order to improve their suitability for agriculture, industrial, or pharmaceutical applications. Advances in animal biotechnology have been enabled by developments in sequencing animal genomes, gene expression and metabolic profiling of animal cells. More recently, genome editing technologies (Zinc Finger Nucleases, TALENS, and CRISPR-Cas systems) have opened up new opportunities to easily create genetic variations in animals that can improve their health and well-being, agricultural production, and protection against diseases.
Tech covered: Genetic Engineering, Precision breeding, Vaccines and drugs, Feed Additives.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Agrivoltaics
Agrivoltaics (also referred to as agriphotovoltaics, agrovoltaics, agrisolar, or dual use solar) allows for the simultaneous use of land for both agriculture and photovoltaic power generation. Crops, animal grazing, and electricity can be harvested on the same land. It also applies to greenhouses where semi-transparent modules can be used as roofs to expose plants to a certain part of the solar spectrum to improve yield. While the basic technology is similar to standard solar PV, technologies such as Artificial Intelligence are employed.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Alternative food ingredients
Alternative Food Ingredients include functional foods, alternative ingredients, food products fortified with extracts derived from food processing by-products, food products based on Omega-3 polyunsaturated fatty acids and their health effects, selected superfoods and related super diets, edible insects, microalgae as health ingredients for functional foods and spirulina related products, fruit-based functional foods, pro- and pre-biotics, and bioaromas.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Biostimulants and biopesticides
Biostimulants are organic and work to protect a crop by stimulating natural processes, thereby improving nutrient uptake and efficiency. These products can be applied at any stage of growth, even flowering, to increase crop yields. Biopesticides, also organic, are natural pesticides comprising fungi, bacteria or viruses that act against a pest or disease.
Tech covered: Biostimulants, Microbials, Biochemicals, Semiochemicals, Natural biostimulants and pesticides, Mineral-based pesticides, Plant Incorporated Protectants (PIP), Biotic agents.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Crop Biotechnology
Crop biotechnology is a range of tools, including traditional breeding techniques, that alter living organisms, or parts of organisms, to make or modify products; improve plants; or develop microorganisms for specific agricultural uses. Modern biotechnology includes the tools of genetic engineering.
Tech covered: Gene modification, Gene editing, Gene silencing, Synthetic biology, Selective breeding, Seed treatments.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Cell-cultured meat
Meat substitutes are currently gaining attention as a way to overcome the shortage of meat supply against the growing global population and conserve the environment. There are two types of meat substitutes: plant-based meat and cultured meat. Cultured meat can be artificially produced indoors. Culture medium generally contains amino acids, vitamins, inorganic salt, glucose, growth factors (hormones), and other nutrients required for cell growth.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Edible films and coatings
Edible films and coatings are thin layers of material (their thickness is generally less than 0.3 mm) used for enrobing the food product to replace or fortify the natural layers and can be consumed as a part of the product or with further removal. Therefore, the materials used in the formulation should conform to the general food laws and regulations. Additionally, the coatings and films should not affect the organoleptic properties of the food product negatively. Edible films made from natural biopolymers provide a viable alternative to synthetic food packaging due to their edibility, biodegradability and compostability as well as to their use as active packaging. Active compounds incorporated in edible films could protect foods against deterioration during storage and therefore extend their shelf life. Hydrocolloids, both polysaccharides and proteins, are the most common group of biopolymers used in the production of edible materials. They can be obtained from sources such as plants, animals or microorganisms. Cellulose derivatives, starches, alginates, pectins, chitosans, pullulan, and carrageenans are the most popular polysaccharides used in the production of edible films and coating, whereas among proteins the most popular are soybean proteins, wheat gluten, corn zein, sunflower proteins, gelatin, whey, casein and keratin.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Nanobubbles
Nanobubbles are a potential multi-billion dollar market, with important implications for aquaculture, water treatment, hydrophonics and agriculture sectors. Nanobubbles or ultrafine bubbles are sub-micron gas-containing cavities in aqueous solution with unique physical characteristics that differ from other types of bubbles, and have the ability to change the normal characteristics of water.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Smart farming
Smart Farming refers to the application of modern Information and Communication Technologies (ICT) in agriculture including Internet of Things (IoT), actuators and sensors, geo-positioning systems, drones or unmanned aerial vehicles (UAVs), precision equipment, robotics, etc. backed and powered by technologies such as Big Data, Analytics and Cloud.
Tech covered: Weed and pest control, Robotic seeding, Fully autonomous tractors, Other autonomous farming machines and robots, Robotic fruit and vegetable harvesting, Crop Management, Dairy farming robots.
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Smart and intelligent packaging
"Smart packaging" refers to both active packaging and intelligent packaging. Active packaging serves to prolong the shelf life of sealed goods & produce, while intelligent packaging utilizes advanced technology to communication data on package contents or other information. The two technologies frequently overlap (e.g. food chain management).
- Market overview and analysis
- Market Map
- Latest market news 2024
Latest update: January 2024.
Vertical Farming
Vertical farming is an agricultural method to grow crops in vertically stacked layers. It incorporates controlled environment agriculture using soilless farming techniques, which provides better food quality with higher crop yields. Vertical farming can be broadly divided into hydroponics, aeroponics, and aquaponics based on the use of soil and water in the agricultural process.
Tech covered: Aerophonics, Hydrophonics, Aquaponics, LEDs and lighting, Automation.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
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Market overview
Nanomaterials are increasingly becoming part of our daily lives and are already heavily used in products such as sunscreens (titanium dioxide/zinc oxide nanoparticles), sporting goods (carbon nanotubes, graphene etc.), conductive battery additives (carbon nanotubes, graphene etc.), automotive composites (nanotubes, graphene, cellulose nanofibers etc.) and high-definition TVs (quantum dots). There use is only going to increase due to continued industry demand for nanomaterials for current and next generation batteries, biomedical imaging and flexible electronics.
Verticals covered: Aluminium oxide nanomaterials, Antimony tin oxide nanomaterials, Bismuth oxide nanomaterials, Carbon nanotubes (MWCNTs, SWCNTs), Cerium oxide nanomaterials, Cobalt oxide nanomaterials, Copper oxide nanomaterials, Dendrimers, Fullerenes, Gold nanomaterials, Graphene, Iron oxide nanomaterials, Magnesium oxide nanomaterials, Manganese oxide nanomaterials, Nanocellulose (Cellulose nanofibers, cellulose nanocrystals and bacterial nanocellulose), Nanoclays, Nanodiamonds, Nanosilver, Nickel nanomaterials, Quantum dots, Silicon oxide nanomaterials, Titanium dioxide nanomaterials, Zinc oxide nanomaterials, Zirconium oxide nanomaterials, Nanoprecipitated calcium carbonate, Graphene quantum dots, Hydroxypatite nanomaterials, Palladium nanomaterials, Yttrium oxide nanomaterials, Boron Nitride nanotubes (BNNTs), 2D materials.
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Carbon Nanofibers
Carbon nanofibers are one-dimensional sp2 -hybridized carbon nanostructures consisting of discontinuous filaments with aspect ratios (length/diameter) greater than 100. CNFs differ from the carbon nanotubes which own structures like wrapping graphene layers to perfect cylinders. CNFs reveal smooth, porous, hollow, helical, and stacked-cup structures, and they have good thermal conductivity, electric conductivity, and high specific surface area. Carbon nanofibers find application in electronics (heat management) and energy (batteries, catalysts and fuel cells).
- Market overview and analysis*
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Latest update: January 2024.
Carbon Nanotubes (MWCNTs, SWCNTs, other)
The global carbon nanotubes (CNT) market has experienced renewed growth recently, driven by demand for conductive materials for lithium-ion batteries for electric vehicles and other energy storage applications, with many producers greatly increasing production capacities.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Fullerenes
Fullerene is the generic term used for carbon cluster, where C60 is the representative substance. Carbon molecule consists of 60 atoms and has icosahedral (soccer ball type) structure. Carbon molecules are also found consisting of 70, 76, 78, 96 and 240 atoms, etc. The molecular diameter of C60 is 1nm (diameter of carbon skeleton is 0.7nm). The unique molecular structures of fullerenes lead to interesting photonic, electronic, superconducting, magnetic and biomedical properties.
- Market overview and analysis
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Latest update: January 2024.
Graphene
The market for graphene has grown hugely in the past decade, with numerous products now on the market and more to come as graphene producers record steadily increasing revenues and OEMs witnessing significant returns in clothing, sportswear, footwear, tires, batteries etc. The market for graphene in batteries is witnessing large-scale investments. Graphene is attracting increasing attention from investors, researchers and industrial players due to exceptional mechanical, electronic, and thermal properties. Graphene is available in multi-ton quantities from many producers.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Metal and metal oxide nanomaterials
The properties of metal and metal oxide nanoparticles (also referred to as nanopowders or nanocrystals) display enhanced electrical, optical, magnetic and chemical properties from the bulk material of which they are made. Advances largely depend on the ability to synthesize nanoparticles of various materials, sizes, and shapes, as well as to efficiently assemble them into complex architectures. Most manufactured nanomaterials are available with varying shapes, sizes, composition, surface coatings and surface morphology. They offer a range of functionalities that are desirable in a number of sectors such as anti-bacterialism, anti-corrosion, easy-clean, thermal barrier, protective and UV-absorbent and combinations thereof.
Tech covered: Aluminium oxide nanoparticles, Antimony tin oxide nanoparticles, Bismuth oxide nanoparticles, Cerium oxide nanoparticles, Copper oxide nanoparticles, Gold nanoparticles, Iron oxide nanoparticles, Lithium nanoparticles, Magnesium oxide nanoparticles, Manganese oxide nanoparticles, Nanodiamonds, Nanosilver, Nickel nanoparticles, Palladium nanoparticles, Silicon oxide nanoparticles, Titanium dioxide nanoparticles, Yttrium oxide nanoparticles, Zinc oxide nanoparticles, Zirconium oxide nanoparticles.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Nanocellulose
The global nanocellulose (NC) market has accelerated over the last few years as producers in Japan and to a lesser extent North America and Europe bring products to market. The development of these remarkable materials has compelled major paper and pulp producers to gravitate their traditional business towards advanced biorefineries, which have met with initial success and resulted in production capacity increases. Three types of NC are commercially available: cellulose nanocrystals (CNC), cellulose nanofibers (CNF), and bacterial nanocellulose (BNC).
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Nanocoatings (Nanostructured Coatings, Films and Surfaces)
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Nanocomposites
The growing use of polymer composites has resulted in increasing demand for nanomaterials, such as CNTs, graphene and nanocellulose, as companies seek alternatives to carbon fiber and petroleum-based packaging. Over the last few years, plastic nanocomposite applications have gained a commercial footing, due in large part to the efforts of resin manufacturers, compounders and masterbatch producers, who now offer user-friendly products to industries such as aerospace and aviation, automotive, food, pharmaceutical and electronics packaging, electrical and electronic goods, and sporting goods. Although applications vary widely, they principally exploit properties such as gas barrier, reinforcement and flame retardancy.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Nanodiamonds
Nanodiamonds (NDs) are diamond phase carbon nanomaterials that were initially used for their strong abrasive properties and as lubricant additives for industrial applications. Now they are impacting a broad range of markets including batteries, supercapacitors, skincare, biomedicine, coatings and plastics. Main types of commercial NDs produced are categorized as high-pressure high temperature (HPHT) nanodiamonds, CVD diamond and detonation nanodiamonds (DND). Extremely small amounts of nanodiamond additives can modify a variety of thermal and mechanical properties in various parent materials.
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- Latest market news 2024
Latest update: January 2024.
Organic-based nanomaterials
Organic-based nanomaterials include liposomes, micelles, protein/peptide based and dendrimers. Main application is in drug delivery and biomedicine. Their tuneable surface chemistry allows for interactions with tissues and cells, leading to selective and efficient binding of biomolecules and improved biodistribution.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Quantum Dots
Quantum Dots (QDs) are used in a range of optoelectronic devices, including TVs and displays, light-emitting devices (LEDs), solar cells, photodiodes, thermoelectrics, photoconductors and field-effect transistors, while QD solutions have been used in a number of in vivo and in vitro imaging, sensing and labelling techniques.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Titanium Dioxide Nanoparticles
TiO2-NPs exhibit UV shielding effects, and rutile is widely used in the cosmetics sector, especially in sunscreens. Anatase displays photocatalytic functions (more so than rutile) and offers self- cleaning capabilities under sunlight, air cleaning, water quality improvement and anti-microbial and anti-mould functions for application in numerous paints and coatings sectors. Nano-porous TiO2 thin films have been widely used as the working electrodes in dye-sensitized solar cells (DSSCs).
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Zinc Oxide Nanoparticles
The market for zinc oxide nanoparticles (Nano-ZnO) is mainly driven by the demand for UVA/B filters in sunscreens and sun protection cosmetics. Nano-ZnO materials demonstrate anti-corrosive, antifungal, photochemical, catalytic, electrical, antibacterial, UV filtering, and photovoltaic properties. They are used in cosmetics, sun care, coatings, paints and anti-bacterials. In cosmetics it is mainly used in powders, creams and ointments, for it’s UVA and UVB blocking properties.
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Latest update: January 2024.
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Market overview
The global packaging market is valued at >$1,000 billion, of which paperboard packaging accounts for roughly a third. Bioplastics, smart packaging and advanced recycling technologies are driven innovation and sustainability challenges for packaging manufacturers. These categories are enhancing the packaging market size and fulfilling consumer demands with nature-based products.
Tech verticals: Barrier coatings, Biobased and sustainable packaging, Fiber-based packaging, Flexible packaging, Molded Fiber Pulp Packaging, Polymer Foams, Smart and intelligent packaging.
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Advanced Chemical Recycling
Advanced recycling technologies that utilize heat or chemical solvents to recycle plastics into new plastics, fuels or chemicals are a key strategy for solving the global plastic problem. Advanced chemical recycling technologies are now being developed by around 140 companies worldwide, and capacities are increasing. As well as complementing traditional mechanical recycling, advanced recycling offers benefits such as widening the range of recyclable plastic options, producing high value plastics (e.g. for flexible food packaging) and improving sustainability (using waste rather than fossil fuels for plastics production).
- Market overview and analysis*
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Latest update: January 2024.
Barrier coatings
There is an ongoing shift of barrier coatings from traditional synthetic polymers to sustainable breakthrough materials for paper-based packaging and films. Barrier coatings for food packaging help keep moisture and oils inside of the packaging or keep moisture or oxygen out of the packaging. This is achieved by increasing mean-free-path for the molecules of the respective gases, moisture, or oil by increasing tortuosity (path of resistance in a porous matrix), depending on the type of application. The barrier properties of papers are commonly controlled by the application of conventional petroleum-based derivatives such as polyethylene, polyvinyl chloride, polypropylene, polystyrene, waxes and/or fluorine-based derivatives as coatings. However, there has been a recent shift towards more sustainable and innovative solutions.
Tech covered: Nanoclays, Synthetic polymers, Polylactic acid (PLA), PHA, Starches, Cellulose-based polymers, Nanocomposites, Micro and nano-fibrillated cellulose, Lignin, Chitosan, Proteins, Multilayer packaging.
- Market overview and analysis
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- Latest market news 2024
Latest update: January 2024.
Bio-based and sustainable packaging
Environmental and consumer concerns have resulted in the developed of bio-based materials as alternatives to petrochemicals for packaging applications. Bio-based packaging materials are made from renewable and biodegradable raw materials, as sustainable alternatives to non-renewable, petroleum-based packaging. Examples include paper made from wood fibres and various types of plastic such as bio-PE, which is made from sugar cane. Bio-based and sustainable packaging is a major global trend, with numerous start-ups and large companies developing alternatives to single-use plastic packaging.
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Latest update: January 2024.
Edible films and coatings
Edible films and coatings are thin layers of material (their thickness is generally less than 0.3 mm) used for enrobing the food product to replace or fortify the natural layers and can be consumed as a part of the product or with further removal. Therefore, the materials used in the formulation should conform to the general food laws and regulations. Additionally, the coatings and films should not affect the organoleptic properties of the food product negatively. Edible films made from natural biopolymers provide a viable alternative to synthetic food packaging due to their edibility, biodegradability and compostability as well as to their use as active packaging. Active compounds incorporated in edible films could protect foods against deterioration during storage and therefore extend their shelf life. Hydrocolloids, both polysaccharides and proteins, are the most common group of biopolymers used in the production of edible materials. They can be obtained from sources such as plants, animals or microorganisms. Cellulose derivatives, starches, alginates, pectins, chitosans, pullulan, and carrageenans are the most popular polysaccharides used in the production of edible films and coating, whereas among proteins the most popular are soybean proteins, wheat gluten, corn zein, sunflower proteins, gelatin, whey, casein and keratin.
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Latest update: January 2024.
Fiber-based packaging
Fiber-based packaging is made from fibrous material— typically virgin pulpwood, recovered paper from post-industrial sources (e.g., production waste) or post– consumer waste (e.g., old corrugated boxes, folding cartons, bags and waste paper). The market is witnessing sustained growth due to regulatory push, environmental and consumer concerns and packaging companies sustainability initiatives.
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Latest update: January 2024.
Flexible packaging
Flexible packaging is defined as any package or part of a package whose shape can be readily changed. Packaging with this level of flexibility adds to the value and marketability of food and non-food products while making a positive impact on the environment by its reduced use of resources. Flexible packaging is becoming the preferred packaging alternative, replacing glass, rigid plastics, paper, and metal as well as allowing for innovation in tamper-evident and transparent applications.
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Latest update: January 2024.
Molded Fiber Pulp Packaging
Growing global demand for sustainable packaging solutions based on renewable, recyclable/ biodegradable materials has greatly renewed industry activity and interest in molded fiber/pulp packaging. Molded fiber/pulp products are attractive due to their green/sustainable advantages, as the raw materials used are renewable and biodegradable lignocellulosic fibers (including recycled paper, newsprint, cardboard and other natural planted fibers). Technological developments in molded fiber/pulp materials are resulting in higher quality packaging products and replacement of conventional plastic products for the various packaging purposes. This is largely driven by government regulations as well as customer demands for plastic alternatives.
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Latest update: January 2024.
Microfibrillated Cellulose
Microfibrillated Cellulose (MFC) is a biobased material composed of cellulose fibrils that have been separated from a source, typically wood pulp. MFC has a large surface area, thus allowing the formation of more hydrogen bonds within the web, giving natural strength to new materials.
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Latest update: January 2024.
Mono material packaging
A mono material refers to a product composed of a single material or fibre, as opposed to packaging made from different materials. This makes the recycling process much easier, as it reduces the amount of energy required to split or separate various materials. Plus, the increased efficiency means that recycling is much more cost-effective and faster.
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Latest update: January 2024.
Polymer Foams
A polymer foam is a two-phase system that contains statistically distributed gas bubbles in a polymer matrix. Polymer foams can be rigid, flexible, or elastomeric, and can be produced from a wide range of polymers, such as polyurethane (PUR), polystyrene (PS), polyisocyanurate (PIR), polyethylene (PE), polypropylene (PP), poly(ethylene-vinyl acetate) (EVA), nitrile rubber (NBR), poly(vinyl chloride) (PVC), or other polyolefins. The market is dominated by PUR foams, followed by PS, PP and PVC foams. Innovations in materials and additives for polymer foams are spurring further growth in the market.
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Latest update: January 2024.
Smart and intelligent packaging
"Smart packaging" refers to both active packaging and intelligent packaging. Active packaging serves to prolong the shelf life of sealed goods & produce, while intelligent packaging utilizes advanced technology to communication data on package contents or other information. The two technologies frequently overlap (e.g. food chain management).
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Latest update: January 2024.
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Market overview
Plastic plays a critical role in virtually all industries, from agriculture and construction to healthcare and manufacturing. However as global plastic consumption has grown it has created significant sustainability challenges. Meeting those challenges will require disruptive innovation. Trends in plastics are increasingly focused on manufacturing that produce environmental benefits in design, materials, and end-of-life management. Issues with plastic waste can be resolved with advanced recycling technologies, improved production processes and increasing material efficiency.
Tech verticals: Advanced recycling technologies, Bio-based and sustainable packaging, Bio-based microbeads and microplastic replacements, Biopolymers and bioplastics, Polymer Foams.
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Advanced Plastics Recycling (Chemical Recycling)
Advanced recycling technologies that utilize heat or chemical solvents to recycle plastics into new plastics, fuels or chemicals are a key strategy for solving the global plastic problem. Advanced chemical recycling technologies are now being developed by around 140 companies worldwide, and capacities are increasing. As well as complementing traditional mechanical recycling, advanced recycling offers benefits such as widening the range of recyclable plastic options, producing high value plastics (e.g. for flexible food packaging) and improving sustainability (using waste rather than fossil fuels for plastics production).
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Latest update: January 2024.
Bio-based and sustainable packaging
Environmental and consumer concerns have resulted in the developed of bio-based materials as alternatives to petrochemicals for packaging applications. Bio-based packaging materials are made from renewable and biodegradable raw materials, as sustainable alternatives to non-renewable, petroleum-based packaging. Examples include paper made from wood fibres and various types of plastic such as bio-PE, which is made from sugar cane. Bio-based and sustainable packaging is a major global trend, with numerous start-ups and large companies developing alternatives to single-use plastic packaging.
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- Latest market news 2024
Latest update: January 2024.
Bio-based microbeads and microplastic replacements
Plastic microbeads are a multi-billion dollar market, with applications in markets ranging from cosmetics to oil & gas. However, their use is limited in some applications, and regulatory curbs regarding use are likely to increase. Replacement of plastic microbeads with biodegradable and non-toxic alternatives is increasingly important and the market will grow to meet both regulatory demands and increased use of microbeads in healthcare (e.g pharmaceuticals and drug delivery), food and beverages), paints and coatings, and cosmetics and personal care sectors.
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Latest update: January 2024.
Biopolymers and bioplastics
Polylactic acid (Bio-PLA), Polyethylene terephthalate (Bio-PET), Polytrimethylene terephthalate (Bio-PTT), Polyethylene furanoate (Bio-PEF), Polyamides (Bio-PA), Poly(butylene adipate-co-terephthalate) (Bio-PBAT), Polybutylene succinate (PBS) and copolymers, Polyethylene (Bio-PE), Polypropylene (Bio-PP), Polyhydroxyalkanoates (PHA), Polysaccharides, Microfibrillated cellulose (MFC), Protein-based bioplastics, Fungal materials.
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Latest update: January 2024.
Nanocomposites
The growing use of polymer composites has resulted in increasing demand for nanomaterials, such as CNTs, graphene and nanocellulose, as companies seek alternatives to carbon fiber and petroleum-based packaging. Over the last few years, plastic nanocomposite applications have gained a commercial footing, due in large part to the efforts of resin manufacturers, compounders and masterbatch producers, who now offer user-friendly products to industries such as aerospace and aviation, automotive, food, pharmaceutical and electronics packaging, electrical and electronic goods, and sporting goods. Although applications vary widely, they principally exploit properties such as gas barrier, reinforcement and flame retardancy.
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Latest update: January 2024.
Polymer Foams
A polymer foam is a two-phase system that contains statistically distributed gas bubbles in a polymer matrix. Polymer foams can be rigid, flexible, or elastomeric, and can be produced from a wide range of polymers, such as polyurethane (PUR), polystyrene (PS), polyisocyanurate (PIR), polyethylene (PE), polypropylene (PP), poly(ethylene-vinyl acetate) (EVA), nitrile rubber (NBR), poly(vinyl chloride) (PVC), or other polyolefins. The market is dominated by PUR foams, followed by PS, PP and PVC foams. Innovations in materials and additives for polymer foams are spurring further growth in the market.
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Latest update: January 2024.
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The use of renewable energy has grown substantially over the past decade. Renewable energy resources such as solar thermal, solar PV, geothermal, biomass, etc., are prime candidates to replace fossil fuels in various applications. The scale of renewable energy challenges not only calls for highly efficient technologies but also abundant, inexpensive, and robust materials.
Tech verticals: Biofuels, CCUS, Energy Harvesting, Geothermal energy, Hydrogen Technology, Perovskite Photovoltaics, Thin Film and Flexible Photovoltaics.
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Biofuels
The use of biofuels manufactured from plant-based biomass as feedstock would reduce fossil fuel consumption and consequently the negative impact on the environment. Renewable energy sources cover a broad raw material base, including cellulosic biomass (fibrous and inedible parts of plants), waste materials, algae, and biogas.
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Latest update: January 2024.
Carbon Capture, Utilization and Storage
Carbon capture, utilization, and storage (CCUS) refers to technologies that capture CO2 emissions and use or store them, leading to permanent sequestration. CCUS technologies capture carbon dioxide emissions from large power sources, including power generation or industrial facilities that use either fossil fuels or biomass for fuel. CO2 can also be captured directly from the atmosphere. If not utilized onsite, captured CO2 is compressed and transported by pipeline, ship, rail or truck to be used in a range of applications, or injected into deep geological formations (including depleted oil and gas reservoirs or saline formations) which trap th CO2 for permanent storage.
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Latest update: January 2024.
Energy harvesting
Solar energy utilization occurs in the form of PV parks and PVs installed on building roofs and facades to create electrical power as well as in the form of solar thermal collectors to heat water and space. PV technologies include two categories: building-integrated photovoltaics (BIPV) in which traditional building envelopes (windows, roofs, walls) are replaced by PV panels that act like envelopes; in building-applied photovoltaics (BAPV), PVs are attached to the walls or roof of the building. In BIPV, PV modules serve the dual function of building skin—replacing conventional building envelope materials—and power generator. By avoiding the cost of conventional materials, the incremental cost of photovoltaics is reduced and its life-cycle cost is improved. Building components can significantly reduce their energy consumption through implementing energy harvesting, self-sustained sensing and actuating devices with piezoelectric materials. Thermoelectric (TE) materials can be used in building façade systems, which can be used to create active exterior enclosures. Microalgae bioreactive façades are at an early stage in high-performance architecture, but have the potential to contribute to the improve energy and environmental footprint of buildings. The integration of microalgae bioreactors with a building can affect the building's thermal loads and significantly decrease the building's energy demands.
Tech covered: Microalgae bioreactive façades , Piezoelectric materials, Thermoelectric materials, Building Integrated Photovoltaics (BIPV), Bioadaptive glazing.
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Latest update: January 2024.
Geothermal energy
Geothermal energy is heat stored in the Earth’s crust. This energy is extracted mainly by drilling into the ground and then transported to the surface using fluids. At the surface, the energy is extracted and converted to electricity or used directly as heat. Novel technologies that allow for the production of geothermal energy are being developed.
Tech covered: Enhanced or engineered geothermal systems (EGSs), Advanced geothermal systems (AGSs), Supercritical geothermal systems, Dry steam, back pressure and flash plants, Geothermal heating and cooling, Space heating and cooling.
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Latest update: January 2024.
Hydrogen Technology
Hydrogen technology and production is a key part of decarbonization strategies and a means to achieve direct electrification. The three main types of hydrogen are grey hydrogen, blue hydrogen and green hydrogen. Future market development and low-carbon innovation is driven by green hydrogen (electrolyzers) and blue hydrogen technologies.
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Latest update: January 2024.
Perovskite Photovoltaics
Perovskite solar cells (PSCs) are a promising photovoltaic technology with high power conversion efficiencies, such as long carrier diffusion lengths, high carrier mobilities, low exciton binding energies, high absorption coefficients, and band gap tunability via interchanges of the precursor components. Perovskite materials can be deposited as thin films via solution-based processing at low temperatures, allowing for cost-effective production on flexible, polymeric substrates with high throughput roll-to-roll manufacturing. Applications of PSCs include powering consumer electronics, especially Internet of Things (IoT) ecosystems.
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Latest update: January 2024.
Sustainable Aviation Fuel (SAF)
Sustainable aviation fuel (also known as bio-jet fuel, bio-aviation fuel, renewable jet fuel or aviation biofuel) is a biomass-derived synthesized paraffinic kerosene (SPK) that is blended into conventionally petroleum-derived jet fuel. Governments and investors are trying to boost incentives to produce lower-carbon emitting jet fuel. However, to date, commercialization has been slow and current policies preferentially incentivize the production of other fuels, such as renewable diesel, from the limited available volumes of oleochemical feedstocks.
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Latest update: January 2024.
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