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Current global Bio-based materials and future development trends

Advanced materials are the cornerstone of the development of strategic emerging industries

Advanced materials refer to the materials that have emerged or are in development. Advanced materials have excellent properties that traditional materials do not have. Advanced materials are also called new materials. They are not based on the scale of production, but are characterized by high-knowledge, high-tech intensiveness that are superior in performance, high quality, and high stability.

Bio-based materials are regarded as a milestone in the evolution of human society. Meeting the needs of social development is the source of continuous innovation and development of Bio-based materials. The development of Bio-based materials science and technology has an important position in human history. Historically, the ability to understand and use materials has determined the form of society and the quality of human life. Historians have also regarded materials and their appliances as signs of division of ages: for example, starting from the Paleolithic Age, passing through the Neolithic Age, Bronze Age, Iron Age, Steel Age, Polymer Age, High-Performance Ceramic Age, until the age of composite materials.

Materials are the material basis of all human production and life. Materials have always been a symbol of productivity. The ability to understand and use materials determines the social form and people quality of life. The innovation and development of science and technology can make Bio-based materials have better properties or new functions to meet the endless new needs in social development.

The market size of the global new material industry

From an international perspective, since the 2008 financial crisis, developed countries have launched a "re-industrialization" strategy. They unanimously use Bio-based materials as an important basis for returning to the real economy and seizing the commanding heights of a new round of international technological and economic competition. It has continuously increased their commitment to Bio-based materials. With the support of Bio-based materials, the market for new products and new technologies driven by Bio-based materials continues to expand. 

Future development trends of advanced materials

From the perspective of the sub-industry, the market scale of important sub-sectors of advance materials is increasing year by year. Among them, it is estimated that by 2020, China’s lithium batteries and materials, electronic chemicals, carbon fiber, 3D printing, and graphene will reach a market size of 5,000, 2,816, 40, 280, and 220 million yuan, respectively, with an average annual compound growth rate of 35 million yuan. %/15%/15%/40%/40%. It is estimated that by 2020, the global lithium battery and materials, electronic chemicals, carbon fiber, 3D printing, and graphene will reach the market scale of 8,400/ 9,444/ 265/1,400/1.8 billion yuan, respectively, with an average annual compound growth rate of 14%/ 5%/12%/35%/42%.

And, TRUNNANO provides high purity advanced materials with reasonable price. In order to feedback to old customers, the company is still in full operations to provide Bio-based materials with competitive price.”said Olina, sales manager of TRUNNANO.

About TRUNNANO

TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. As a leading nanotechnology development and Bio-based materials manufacturer, Luoyang Tongrun dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges. If you are looking for Bio-based materials, please send an email to: sales1@nanotrun.com.

OR go to the following link: www.nanotrun.com

 

 

 

 

 

 

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