Markets for Smart Composites: 2015 to 2022
Smart composites leverage the commercial success of the composite technology model and apply it specifically to smart materials. In regular composites two materials are combined to create a new material with functionality that is significantly different to the original materials. Typically, a smart composite is a smart material embedded in polymer, textiles, metal or concrete. In a few cases, smart composites are fabricated from two “dumb” materials that become smart only when they are combined.
n-tech’s analysis suggests that these smart composites will have a growing role in a number of important applications and industry sectors. Many smart composites are inherently multifunctional and the latest smart composite technology even promises the ability to embed programmability into materials, enabling robotics-like behavior without embedded electronics.
In this report, n-tech discusses the latest products and R&D developments in smart composites from a business perspective and how product/market strategies related to these materials are emerging at both the largest specialty chemical and glass companies, and at as startups.
Materials and Technology
This report provides complete coverage of the opportunities for smart composites examining the role of both the smart materials and substrates into which they are encapsulated. Components for smart materials that are analyzed in this report include:
- Shape memory alloys
- Magneto-restrictive materials
- Electro-restrictive materials
- Carbon and optical fiber
- Thermoelectric and thermally responsive materials
The report also looks at how smart composites compare with conventional smart materials and how smart composite fabrication technology is evolving. In particular, we examine the commercial potential of so-called 4D printing technology to take smart composites to a new level of intelligence within the context of smart material applications.
Applications and Markets for Smart Composites
This report also includes an analysis of the application areas where n-tech sees smart composites generating significant revenues in the next decade. These areas include:
- Energy storage,
- Sensing and diagnostics
- Self-healing surfaces
- Clothing and fabrics
- Smart structures for the construction and aerospace industries.
This report contains detailed forecasts of the smart composites market including
- Revenue ($ Millions)
- Volume (square meters or Kgs)
- Breakout by application
- Breakout by materials and technology
In this report n-tech also examines the product/market strategies of the firms to watch in smart composites including their current R&D programs. Coverage includes both smart composites activities of leading composites firms such as DuPont, 3M and Teijin, as well as innovative small firms and start-ups.
The evaluation of smart composites markets in this report is based on interviews with key influencers in smart materials markets, as well as numerous secondary resources. It also draws on n-tech’s insider knowledge of the smart materials business.
We believe that this report will be invaluable reading for marketing and business development specialists in coatings firms, specialty chemical companies and glass firms, electronics and robotics OEMs, as well as sophisticated investors interested in this space.
E.1 Eight-Year Forecasts by End-User Sector: Aerospace as Leader
E.2 Eight-Year Forecasts of Smart Composites by Functionality
E.2.1 Approaches to Segmentation of the Smart Composite Market
E.2.2 Eight-Year Forecasts
E.3 Analysis of Smart Composites Market by Functionality
E.4 Eight-Year Forecasts of Smart Composite Markets by Volume
Chapter One: Introduction
1.1 Objective of this Report
1.2 Scope of this Report
1.3 Forecasts and Methodology
1.4 Plan of this Report
Chapter Two: Smart Composite Technologies
2.1 Why the Future of Advanced Composites will be Smart
2.1.1 Composite Technology: State of the Art
2.1.2 A Shift to Smartness in Composites
2.2 Smart Composites as Next-Generation Smart Materials
2.2.1 The Shift towards Multi-functionality
2.2.2 Smart Composites with Embedded Sensors
2.2.3 Smart Coatings and Smart Composites
2.2.4 The Use of Biological Materials in Smart Composites
2.3 The Role of Nanotechnology in Smart Composites
2.3.1 Nanomanufacturing Processes
2.3.2 A Role for Carbon Nanotubes in Smart Composites
2.4 Important Technical Requirements for Smart Composites
2.4.1 Commercialization of Smart Composites: Routes and Issues
2.5 Smart Composites and 4D Printing
2.5.1 University of Colorado
2.5.2 MIT Self-Assembly Lab
2.6 Key Points from this Chapter
Chapter Three: Aerospace Markets for Smart Composites
3.1 Aerospace will become the Largest User of Smart Composites
3.1.1 Current and Future Use of Composites by the Aerospace Industry: Implications for Smart Composites
3.1.2 Marketing Smart Materials in the Aerospace Industry
3.2 Intelligent Aerospace Structures Pave the Way to Use of Smart Composites
3.2.1 Structural Health Monitoring
3.2.2 Structural Health Monitoring Plus Self-Healing
3.2.3 Smart Composite Work at NASA: Aurora Flight Sciences and Nanosonic
3.3 Eight-Year Forecasts of Smart Composites in the Aerospace Industry
3.4 Key Points from this Chapter
Chapter Four: Smart Composites in the Automotive Industry
4.1 Current Use of Composites in the Automotive Industry: Implications for Smart Composites
4.1.1 Benefits and Uses of Composites in the Automotive Sector: Can Smart Composites Expand Markets?
4.1.2 Patterns of Use for Composites in the Automotive Sector: Smart Not Yet to the Fore
4.1.3 Challenges to the Use of Smart Composites in the Automotive Sector
4.1.4 Why We Think that the Automotive Industry Will Embrace Smart Composites over Time
4.2 How Smart Materials Usage is Paving the Way for Smart Composites in the Automotive Industry
4.3 Eight-Year Forecasts of Smart Composites in the Automotive Industry
4.4 Key Points from this Chapter
Chapter Five: Smart Composites in the Construction Industry
5.1 Why Smart Composites in the Construction Industry are Different
5.2 Smart Concrete
5.2.1 Self-Healing Concrete and Beyond
5.2.2 Bacteria-based Self-Healing Concrete
5.3 Smart Asphalt
5.3.2 University of Delft
5.4 Smart Wood
5.4.1 Air Purification in Smart Floors
5.5 Structural Health Monitoring
5.5.1 Self-Diagnosing (or Self-Monitoring) Fiber Reinforced Composites
5.6 Eight-Year Forecasts of Smart Composites in the Construction Industry
5.7 Key Points from this Chapter
Chapter Six: Other Markets for Smart Composites
6.1 Other Markets
6.2 Robotics: A Doubly Uncertain Future for Smart Composites
6.3 Clothing and Fabrics: Niche Market?
6.4 A Possible Future Market for Energy Storage using Smart Composites.
6.5 Eight-Year Forecast of Other Smart Composite Applications
Acronyms and Abbreviations Used In this Report
About the Author
List of Exhibits
Exhibit E-1: Eight-Year Forecast of Smart Composites by Application ($ Million)
Exhibit E-2: Eight-Year Forecast of Smart Composites Markets by Functionality ($ Millions)
Exhibit E-3: Opportunities in the Smart Composite Business by Type of Supplier
Exhibit 2-1: Selected Types of Composites
Exhibit 2-2: Emergence of Smartness in Composites
Exhibit 3-1: Eight-Year Forecast of Smart Aerospace Composites by Application
Exhibit 4-1: Forecast of Smart Composites Used in the Automotive Industry ($ Millions)
Exhibit 5-1: Smart Composites Used in the Construction Industry
Exhibit 5-2: Forecast of Smart Composites Used in the Construction Industry
Exhibit 6-1: Forecast of Smart Composites Used in Other Applications ($ Millions)
Markets for Smart Composites: 2015 to 2022
n-tech Research Report States That Market for Smart Composites will Climb to US $875 Million by 2020
Glen Allen, Virginia: Industry analyst firm n-tech Research today announced the release of a new report titled “Markets for Smart Composites: 2015 to 2022.” According to the report the market for smart composites will grow to around US$ 875 Million by 2020.
Details about the report, including a downloadable excerpt are available at: http://ntechresearch.com/market_reports/markets-for-smart-composites-2015-to-2022
This report is the latest from n-tech’s research program on smart materials. Other n-tech reports from 2015 have covered smart windows, smart coatings, smart surfaces, self-healing materials, smart antimicrobials and color-shifting coatings. n-tech has carried out analysis of the smart materials business for almost seven years.
About the report:
n-tech’s analysis suggests that smart composites will have a growing role in a number of important applications and industry sectors. This report discusses the latest products and R&D developments in smart composites including how product/market strategies related to smart composites are emerging at both the largest specialty chemical and at startups. It also discusses the business models being employed by the firms in the smart composite space, as well those who n-tech thinks will enter this space in the next few years.
This report provides eight-year revenue and volume forecasts for smart composites by functionality and end user segment. Functionalities considered include structural health monitoring (SHM) and other sensing, self-cleaning, anti-fouling, de-icing, self-healing. The industries analyzed include aerospace, automotive, construction, clothing and fabrics, robotics and energy storage.
Companies discussed in this report include: Airbus, Autodesk, BMW, Boeing, Briggs Automotive, Carbitex, Cornerstone Research, DuPont, GM, Impact Technologies, Industrial Nanotech, IsraZion, Lauzon, Lockheed Martin, NanoSonic, NEI Corporation, Nissan, Peugeot Citroen, Photocat, Physical Acoustics, PPG, Stratasys, Structural Monitoring Systems, Toyota and Välinge
Aerospace will be the largest user of smart composites with more than $460 million in revenues being clocked up in this segment of the smart composites business by 2020. Conventional composites are already a big success in aerospace and the industry is a prime candidate to spending on smart composites. Two applications for smart composites in aerospace currently attracting attention are SHM and self-healing materials. Other potential applications are smart composites that are intrinsically anti-corrosive or de-icing.
By 2020 SHM and other sensing applications for smart composites will account for almost $560 million. Today SHM systems use advanced sensors and MEMS technology, but they will switch to smart composites both to reduce the cost of SHM and also to reduce response times for SHM systems. There are already some SHM systems using smart composites flying on commercial and military planes.
The advent of smart composites may help reduce the cost of manufacturing composites. Initially, making composites smarter will lead to higher value-added products, offsetting the higher cost of manufacturing. Longer term, the smartness inherent in the composite itself can be leveraged to make composites easier and less expensive to manufacture. This will be especially important as composites extend from cost insensitive markets (aerospace and performance cars) to cost sensitive environments (mainstream automotive). Also suggesting a future in which the smartness of composites will facilitate manufacturing and product design is the arrival of so-called 4D printing – the ultimate goal here is programmable composites that can change shape in response to different environmental changes in temperature, air pressure, or other factors.
n-tech Research is the rebrand of NanoMarkets. Our firm is a recognized leader in industry analysis and forecasts of the emerging smart coatings and materials business ecosystem. Visit http://www.ntechresearch.com for a full listing of the firm's reports and other services.
posted Oct 08, 2015
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