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Materials Engineering & Metal Applications

Ben Zhong

 Advanced Materials Science and processing is the study of all of the materials we see around us every day. Materials Science or Engineering forms a bridge between the sciences and engineering. It allows theory to be put into practice in a way which benefits everybody. Materials Scientists or Engineers look at all of the different groups of materials, metals and alloys, polymers, ceramics and composites. They develop new materials for new applications, improve existing materials to give improved performance and look at ways in which different materials can be used together. Advanced Materials Science and processing is designed to offer comprehensive sessions that address recent advancements and new strategies for development of new materials for global requirements with an objective to install a dialogue between industries and academic organizations and knowledge transfer from research to industry. Glance at Market of Advanced Materials and processing: Advanced materials and processing category covers a range of industries including ceramics, glass, metals, alloys, construction materials and other high technology processing areas. The global market for coated flat glass totalled $24.3 billion in 2015, and should total nearly $25.8 billion in 2016 and $34.4 billion by 2021 at a five-year compound annual growth rate (CAGR) of 5.9%, through 2021. The scope of this report is broad and covers coated flat glass, different types of coating technologies and their applications. The market is broken down by coating technologies, applications and regional market. Revenue forecasts from 2016 to 2021 are given for each major type of technology, application and regional market. Estimated values used are based on manufacturers’ total revenue. The global market for 3-D printing materials reached $475.4 million in 2015. This market is expected to reach $576.6 million in 2016 and over $1.5 billion in 2021, registering a compound annual growth (CAGR) of 21.5% over the next five years,. The market size of composites in oil & gas industry was USD 1.48 Billion in 2015 and is projected to reach USD 1.98 Billion by 2021, registering a CAGR of 5.05% between 2016 and 2021. In this study, 2015 is considered as the base year and 2016–2021 as the forecast period for the market composites in oil & gas industry.Markets and Markets projects that the polyurethane foam market size will grow from USD 46.05 Billion in 2015 to USD 74.24 Billion by 2021, at a CAGR of 8.4%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021. In the composites industry, one of the best ways to judge success is to look at end product demand. The demand for composite end products – ranging from utilitarian underground pipes to high-performance aircraft – reached $21.2 billion in 2014 and stayed the course in 2015, reaching $22.2 billion. Looking ahead, the key economic indicators and market dynamics suggest 2016 growth at approximately 5.4 percent to reach $7.9 billion. Approximately 5.7 billion pounds of composite materials were shipped in the U.S. in 2015 and that number is forecast to grow to 6.9 billion pounds in 2021 at a compound annual growth rate (CAGR) of 3.2 percent. The introduction of safety norms in public transport as well as increasing demand for lightweight and high-performance composite materials in the aerospace & defense, transportation, and energy & power applications are key factors responsible for the growth of the hightemperature composite materials market. Global Metallurgy market will develop at a modest 5.4% CAGR from 2014 to 2020. This will result in an increase in the market’s valuation from US$6 bn in 2013 to US$8.7 bn by 2020. The global market for powder metallurgy parts and powder shipments was 4.3 billion pounds (valued at $20.7 billion) in 2011 and grew to nearly 4.5 billion pounds ($20.5 billion) in 2012. This market is expected to reach 5.4 billion pounds (a value of nearly $26.5 billion) by 2018. Projected Market Growth of - Advanced Materials and processingAdvanced 

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