The global biomimetic materials market generated $37.9 billion in 2020, and is projected to reach $65.9 billion by 2030, witnessing a CAGR of 5.7% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.  

According to the report published by Allied Market Research, Biomimetic Materials Market by Material (Biomimetic Polymers, Biomimetic Ceramics & Glass, Biomimetic Metals & Alloys, and Others) and Application (Medical, Automotive, Defense, Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.  

Expansion of technologies in the healthcare sector, growth of artificial intelligence and automation, and rise in application of biomimetic material in construction, automotive, aeronautical, semiconductors and telecommunications drive the growth of the global biomimetic materials market. However, high per-unit cost of production restrains the market to some extent. On the other hand, technological advancements and R&D toward highly efficient biomimetic materials present new opportunities in the upcoming years. 

Leading players of the global biomimetic materials market analyzed in the research include APC International, CeramTec, CTS Corporation, Kyocera Corporation, Lord Corporation, Noliac AS, Piezo Kinetics, TDK Corporation, Wright Medical Group, and Applied Biomimetic. The Aviation Industry Corporation of China, Ltd.