Chan Ye Xin Xi Wang·2025-08-30 00:54Core Viewpoint - The frontier new materials industry is increasingly recognized as a cornerstone of modern technology and industrial development, with significant applications across various sectors such as aerospace, electronics, renewable energy, and biomedicine. The demand for these materials is growing in China, driven by advancements in technology and supportive government policies [1][6]. Industry Overview - Frontier new materials are a crucial component of the new materials sector, characterized by their strategic, forward-looking, and disruptive nature. They are developed using advanced technologies and possess superior properties compared to traditional materials, such as high strength, toughness, and corrosion resistance [4][6]. - The market size of China's frontier new materials industry is projected to grow from 117.6 billion yuan in 2017 to 307.3 billion yuan in 2024, with an expected increase to 338.1 billion yuan by 2025 [1][6]. Market Segmentation - Graphene Market: Known as the "king of new materials," graphene exhibits excellent mechanical strength and oxidation resistance, with a market size expected to reach 41.1 billion yuan in 2024, reflecting a year-on-year increase of 5.9% [7]. - Nanomaterials Market: Carbon nanotubes, a significant type of nanomaterial, are projected to have a shipment volume of 145,000 tons in 2024, marking a year-on-year growth of 13.3% [9]. Competitive Landscape - The global frontier new materials market is characterized by a multi-polar competitive landscape, with the U.S., Japan, and Europe holding distinct advantages in various fields. The U.S. leads in high-end research and innovation, while Japan excels in high-performance fibers and Europe in advanced basic materials [10]. - In China, the competitive landscape is tiered, with large enterprises like China National Materials Group and CATL in the first tier, followed by specialized leaders in specific fields such as Western Superconducting and BETTERI in the second tier, and numerous smaller firms in the third tier [10]. Development Trends - Growing Market Demand: The demand for frontier new materials is expected to continue rising due to population growth, economic development, and increasing quality of life [12]. - Green Innovation: There is a rising demand for environmentally friendly materials, with a focus on bio-based materials and biodegradable options to reduce environmental impact [13]. - Internationalization: The industry is witnessing increased international cooperation and competition, with Chinese companies actively participating in global markets and forming partnerships for technological advancements [14].