Table of Content
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Advanced Functional Materials Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand for advanced functional materials from healthcare sector
5.1.1.2. Extensive adoption of lightweight aerospace and automotive components
5.1.1.3. Growing inclination towards compact electronic components and devices
5.1.2. Restraints
5.1.2.1. High cost raw materials required for advanced functional materials
5.1.3. Opportunities
5.1.3.1. Increasing number of research initiatives and activities for advanced functional materials
5.1.3.2. Rising demand for sustainable energy solutions
5.1.4. Challenges
5.1.4.1. Lack of standardization for advanced functional materials
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Advanced Functional Materials Market, by Type
6.1. Introduction
6.2. Advanced Ceramics
6.3. Composites
6.4. Conductive Polymers
6.5. Energy Materials
6.6. Nanomaterials
7. Advanced Functional Materials Market, by End-User
7.1. Introduction
7.2. Aerospace & Defense
7.3. Automotive
7.4. Chemical & Material
7.5. Electrical & Electronics
7.6. Energy & Power
7.7. Healthcare
8. Americas Advanced Functional Materials Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Advanced Functional Materials Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Advanced Functional Materials Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. 3M Company
12.1.2. Anoop Ceramics
12.1.3. Ants Ceramics Pvt. Ltd.
12.1.4. Applied Nanotech Holdings, Inc.
12.1.5. Arkema Group
12.1.6. Arvind Advanced Materials Limited
12.1.7. BASF SE
12.1.8. C-Mac International, LLC
12.1.9. CeramTec GmbH
12.1.10. CoorsTek Inc.
12.1.11. Corning Incorporated
12.1.12. Covestro AG
12.1.13. CPS Technologies Corporation
12.1.14. Evonik Industries AG
12.1.15. Hexcel Corporation
12.1.16. Imerys S.A.
12.1.17. Kyocera Corporation
12.1.18. LSP Industrial Ceramics, Inc.
12.1.19. Materion Corporation
12.1.20. Momentive Performance minerals
12.1.21. Morgan Advanced Materials PLC
12.1.22. Murata Manufacturing Co., Ltd.
12.1.23. Precision Ceramics UK Limited.
12.1.24. Ravikiran Ceramics Pvt. Ltd.
12.1.25. Rockman Industries Ltd.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. ADVANCED FUNCTIONAL MATERIALS MARKET RESEARCH PROCESS
FIGURE 2. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, 2023 VS 2030
FIGURE 3. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ADVANCED FUNCTIONAL MATERIALS MARKET DYNAMICS
FIGURE 7. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 10. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ADVANCED FUNCTIONAL MATERIALS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. ADVANCED FUNCTIONAL MATERIALS MARKET SHARE, BY KEY PLAYER, 2023
List of Tables
TABLE 1. ADVANCED FUNCTIONAL MATERIALS MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018–2023
TABLE 3. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 4. GLOBAL ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
TABLE 5. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 6. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY ADVANCED CERAMICS, BY REGION, 2018-2030 (USD MILLION)
TABLE 7. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COMPOSITES, BY REGION, 2018-2030 (USD MILLION)
TABLE 8. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY CONDUCTIVE POLYMERS, BY REGION, 2018-2030 (USD MILLION)
TABLE 9. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY ENERGY MATERIALS, BY REGION, 2018-2030 (USD MILLION)
TABLE 10. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY NANOMATERIALS, BY REGION, 2018-2030 (USD MILLION)
TABLE 11. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 12. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY AEROSPACE & DEFENSE, BY REGION, 2018-2030 (USD MILLION)
TABLE 13. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY AUTOMOTIVE, BY REGION, 2018-2030 (USD MILLION)
TABLE 14. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY CHEMICAL & MATERIAL, BY REGION, 2018-2030 (USD MILLION)
TABLE 15. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY ELECTRICAL & ELECTRONICS, BY REGION, 2018-2030 (USD MILLION)
TABLE 16. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY ENERGY & POWER, BY REGION, 2018-2030 (USD MILLION)
TABLE 17. ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY HEALTHCARE, BY REGION, 2018-2030 (USD MILLION)
TABLE 18. AMERICAS ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 19. AMERICAS ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 20. AMERICAS ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 21. ARGENTINA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 22. ARGENTINA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 23. BRAZIL ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 24. BRAZIL ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 25. CANADA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 26. CANADA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 27. MEXICO ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 28. MEXICO ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 29. UNITED STATES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 30. UNITED STATES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 31. UNITED STATES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
TABLE 32. ASIA-PACIFIC ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 33. ASIA-PACIFIC ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 34. ASIA-PACIFIC ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 35. AUSTRALIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 36. AUSTRALIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 37. CHINA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 38. CHINA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 39. INDIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 40. INDIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 41. INDONESIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 42. INDONESIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 43. JAPAN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 44. JAPAN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 45. MALAYSIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 46. MALAYSIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 47. PHILIPPINES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 48. PHILIPPINES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 49. SINGAPORE ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 50. SINGAPORE ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 51. SOUTH KOREA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 52. SOUTH KOREA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 53. TAIWAN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 54. TAIWAN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 55. THAILAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 56. THAILAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 57. VIETNAM ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 58. VIETNAM ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 59. EUROPE, MIDDLE EAST & AFRICA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 60. EUROPE, MIDDLE EAST & AFRICA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 61. EUROPE, MIDDLE EAST & AFRICA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 62. DENMARK ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 63. DENMARK ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 64. EGYPT ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 65. EGYPT ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 66. FINLAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 67. FINLAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 68. FRANCE ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 69. FRANCE ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 70. GERMANY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 71. GERMANY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 72. ISRAEL ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 73. ISRAEL ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 74. ITALY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 75. ITALY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 76. NETHERLANDS ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 77. NETHERLANDS ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 78. NIGERIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 79. NIGERIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 80. NORWAY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 81. NORWAY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 82. POLAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 83. POLAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 84. QATAR ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 85. QATAR ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 86. RUSSIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 87. RUSSIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 88. SAUDI ARABIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 89. SAUDI ARABIA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 90. SOUTH AFRICA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 91. SOUTH AFRICA ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 92. SPAIN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 93. SPAIN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 94. SWEDEN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 95. SWEDEN ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 96. SWITZERLAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 97. SWITZERLAND ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 98. TURKEY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 99. TURKEY ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 100. UNITED ARAB EMIRATES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 101. UNITED ARAB EMIRATES ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 102. UNITED KINGDOM ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY TYPE, 2018-2030 (USD MILLION)
TABLE 103. UNITED KINGDOM ADVANCED FUNCTIONAL MATERIALS MARKET SIZE, BY END-USER, 2018-2030 (USD MILLION)
TABLE 104. ADVANCED FUNCTIONAL MATERIALS MARKET, FPNV POSITIONING MATRIX, 2023
TABLE 105. ADVANCED FUNCTIONAL MATERIALS MARKET SHARE, BY KEY PLAYER, 2023
TABLE 106. ADVANCED FUNCTIONAL MATERIALS MARKET LICENSE & PRICING