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According to a new technical market research report, the Chinese market for advanced materials was worth $30.5 billion in 2007. This is expected to increase to over $60.5 billion by 2012, a compound average annual growth rate (CAGR) of 14.7%.
A new technical market research report entitled "Photonic Crystals: Technology and Global Markets" indicates the global market for photonic crystals will be worth $13.9 million in 2007. This will increase to $32 million in 2008 and $666.4 million by 2013, a compound average annual growth rate (CAGR) of 84%.
According to the report, the North American market for high-performance ceramic coatings was an estimated $1.3 billion in 2006, a figure that is expected to rise to nearly $1.4 billion in 2007 and $1.9 billion by 2012, a projected compound annual growth rate (CAGR) of 6.0% over the next five years.
Human dependence on power has grown substantially over the years. This has not only increased pressure on conventional sources of energy but also created the problem of pollution. Scientists are continuously developing alternative sources of power, which have higher energy density, longevity, are more economical, commercially viable, and above all, environmental friendly. Batteries are one of the most widely used sources of power particularly in automobiles and UPS systems while fuel cells are the latest addition providing power with zero emission. Materials and chemicals used in their making are very important for commercial viability as they are instrumental in determining efficiency, voltage, current, and safety of the power producing system.
According to a new and updated technical market research report, Diamond, Diamond-like and CBN Films and Coatings Products, the world market for diamond, diamond-like, and CBN films reached $473.5 million in 2006. This figure is expected to rise to $530.8 million in 2007 and slightly over $1.0 billion by 2012, a CAGR of 14.3% between 2007 and 2012.
Electronics.ca Publications has announced the addition of a comprehensive technical and market research report covering all aspects of TFT LCD materials and components. This 832-slide report summarizes the current status of the TFT LCD industry as well as market forecasts for 25 separate materials and components through 2009.
Thin-film-transistor liquid crystal display (TFT-LCD) manufacturing capacity in China is forecasted to experience 35 percent growth in 2007 and 50 percent growth in 2008, as new fab capacity begins to come online, according to a new market research report.