Materials Informatics Market

Materials Informatics Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The materials informatics market size was estimated to be US$ 146 Million in 2022.

AI Materia, Alpine Electronics Inc., BASF, Citrine Informatics,, Kebotix, Materials Zone Ltd., Nutonian Inc., Phaseshift Technologies and Schrodinger are some of the winners in the market.

The global materials informatics market is estimated to exhibit a CAGR of 27.3% between 2023 to 2032.

The growth of the material informatics market is driven by several key factors, including advancements in computational materials science and data analytics and the growing need for efficient and sustainable materials design, discovery, and optimization.

North America holds the largest share owing to the presence of major players in the market and the high demand for advanced materials and manufacturing technologies in the region.

The chemical industries segment includes a wide range of applications, such as pharmaceuticals, polymers, and petrochemicals, and it is expected to continue growing in the coming years.

The digital annealer segment is the largest market due to its ability to solve complex optimization problems in a highly efficient manner.

The hybrid materials is the fastest-growing segment in the materials informatics market. Hybrid materials are materials that combine the properties of two or more different materials to create new materials with unique and improved properties.