Advanced Functional Materials Market is anticipated to grow with a CAGR of 7.6% by 2028
The global Advanced Functional Materials (AFM) Market size was valued at USD 86.02 billion in 2019 and is anticipated to grow with a CAGR of 7.6% by 2028. Advanced Functional Materials (AFM) are special types of compounds that exhibit superior properties such as high thermal & chemical stability, flexibility, resistance to corrosion, and high mechanical strength. AFM consists of two or more materials prepared using various manufacturing techniques and are used by in the health care, aerospace, automotive, defense, electronics, and marine industries, due to their high stiffness to weight ratio, high strength to weight ratio, excellent properties at elevated temperatures, and better resistance to wear and corrosion. AFMs are gaining rapid popularity in end-user industry applications over conventionally used functional materials which possess some native functional properties, and not materials with mere load-bearing capabilities. Request for a Sample Report Here: https://extrapolate