The key next iteration for fiber reinforced polymer products will be the concept of multifunctionality. This is the idea of making a structural part carry out additional role(s) beyond their current primary mechanical task - the market for smart composite material is forecast to exceed 5 kilotons by 2029.

Fiber reinforced polymers have gained market maturity in numerous sectors and the market for synthetic fibers used in composites is forecast to exceed $9bn by 2027. This uptake is driven by their favourable combination of properties most notably being the lightweight mechanical performance.

The key next step for these products will be the concept of multifunctionality. This is the idea of making a structural part carry out additional role(s) beyond their current primary mechanical task. The added functionality can be diverse including enhanced electrical & thermal conductivity, embedded sensors & actuators, energy storage & harvesting, data transmission, self-healing, and adaptive response (morphing) mechanisms.

This presentation will include:

•  Technical analysis of different types and drivers of different embedded functionality
•  The underlying chemical and material innovations advancing this field
•  The main players, challenges, and technology readiness level

The content of the presentation is taken from the brand new IDTechEx report - Multifunctional Composites 2019-2029: Technology, Players, Market Forecasts.

Presenter
Dr Richard Collins
Senior Technology Analyst, IDTechEx