FGM(Functionally Graded Materials) 시장 예측(-2032년) : 소재별, 제조 방법별, 밸류체인 단계별, 용도별, 최종사용자별, 지역별

According to Stratistics MRC, the Global Functionally Graded Materials Market is accounted for $1.2 billion in 2025 and is expected to reach $2.6 billion by 2032 growing at a CAGR of 11.6% during the forecast period. Functionally Graded Materials (FGMs) are engineered composites with gradual variations in composition or structure across their volume. This gradient design tailors properties such as strength, thermal resistance, or conductivity to specific applications. For example, aerospace components may require heat resistance on one side and toughness on the other. FGMs eliminate sharp material boundaries, reducing stress concentrations and improving durability. They are used in biomedical implants, energy systems, and advanced manufacturing. Their purpose is to deliver customized performance by combining multiple material characteristics seamlessly within a single structure.

Market Dynamics:

Driver:

Demand for high-performance materials

Increasing performance requirements across aerospace, defense, electronics, and biomedical industries are accelerating demand for advanced material solutions with tailored properties. Functionally graded materials enable gradual variation in composition and structure, delivering superior thermal resistance, mechanical strength, and wear performance compared to conventional materials. Industries operating under extreme temperature, stress, or corrosive conditions increasingly favor FGMs to enhance durability and efficiency. As design complexity rises and component miniaturization advances, the ability of FGMs to optimize performance at the material level becomes a key market growth catalyst.

Restraint:

Complex manufacturing process requirements

Manufacturing functionally graded materials involves sophisticated process control, precise material distribution, and advanced fabrication techniques, which collectively increase production complexity. Maintaining consistency in gradient composition across large-scale components remains technically challenging. High dependency on skilled labor, specialized equipment, and stringent quality control elevates production costs and limits mass adoption. Additionally, integration of FGMs into existing manufacturing lines often requires process redesign. These complexities slow commercialization and restrict usage primarily to high-value applications with strong performance justification.

Opportunity:

Aerospace and biomedical material applications

Expanding use of FGMs in aerospace and biomedical applications presents a significant growth opportunity. In aerospace, FGMs are increasingly adopted for thermal barrier coatings, engine components, and lightweight structural parts requiring multi-functional performance. In biomedical sectors, graded materials enable implants with improved biocompatibility, wear resistance, and mechanical compatibility with human tissue. Rising investment in advanced aircraft platforms and personalized medical devices supports long-term demand, positioning FGMs as critical materials for next-generation, high-performance applications.

Threat:

Limited standardization and scalability

Absence of standardized design frameworks, testing protocols, and regulatory guidelines poses a threat to widespread adoption of functionally graded materials. Variability in material composition and fabrication methods makes certification and qualification difficult, especially in safety-critical industries. Scaling production from laboratory or pilot levels to industrial volumes remains a challenge due to reproducibility issues. These limitations can deter end users seeking predictable performance and supply continuity, potentially slowing market expansion despite strong technological potential.

Covid-19 Impact:

The COVID-19 pandemic disrupted research activities, delayed aerospace and industrial projects, and constrained capital expenditure on advanced materials. Temporary shutdowns of manufacturing facilities and supply chain interruptions slowed FGM production and deployment. However, post-pandemic recovery has renewed focus on high-performance and resilient materials, particularly in aerospace, healthcare, and energy sectors. Increased emphasis on advanced manufacturing and innovation-driven materials development is supporting gradual recovery and restoring long-term growth momentum for the FGM market.

The metal-based fgmssegment is expected to be the largest during the forecast period

The metal-based fgmssegment is expected to account for the largest market share during the forecast periodpropelled by strong demand from aerospace, automotive, and industrial applications. Metal-based gradients offer excellent mechanical strength, thermal conductivity, and structural integrity, making them suitable for load-bearing and high-temperature components. Compatibility with established metal processing techniques further supports adoption. Their ability to enhance component lifespan while maintaining structural reliability positions metal-based FGMs as the most commercially dominant material category.

The additive manufacturingsegment is expected to have the highest CAGR during the forecast period

Over the forecast period, the additive manufacturing segment is predicted to witness the highest growth rate,influenced by its ability to precisely control material gradients and complex geometries. Additive techniques enable layer-by-layer customization, reducing material waste and production lead times. Continuous advancements in 3D printing technologies and multi-material deposition are expanding FGM design possibilities. As industries seek flexible, digitally driven manufacturing solutions, additive manufacturing is emerging as the preferred method for scalable and design-efficient FGM production.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, supported by strong industrial growth, expanding aerospace manufacturing, and rising investments in advanced materials research. Countries such as China, Japan, and South Korea are actively promoting high-performance materials through government-backed programs and industrial modernization initiatives. Growing electronics and automotive production further stimulates demand for FGMs, establishing the region as a major hub for both manufacturing and consumption.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR,driven by strong R&D activity and early adoption of advanced manufacturing technologies. Presence of leading aerospace OEMs, biomedical device manufacturers, and research institutions accelerates commercialization of FGMs. Increased funding for defense, space exploration, and healthcare innovation supports demand for high-performance graded materials. The region's focus on additive manufacturing and material innovation positions it for rapid growth in the global FGM market.

Key players in the market

Some of the key players in Functionally Graded Materials Market include General Electric Company, Boeing, Airbus SE, 3M Company, DuPont de Nemours, Inc., Hexcel Corporation, Toray Industries, Inc., SGL Carbon SE, Solvay SA, Praxis Materials, Inc., CMC Materials, Inc., GE Additive, Renishaw plc, Tornos Technologies, Sandvik AB, Mitsubishi Chemical Holdings Corporation and Teijin Limited.

Key Developments:

In November 2025, Airbus SE expanded its functionally graded composite portfolio, incorporating layered material designs for improved mechanical performance, lightweight structures, and additive manufacturing compatibility in aircraft and spacecraft components.

In October 2025, 3M Company released multi-layered functional materials for industrial and electronics applications, enabling tailored thermal, mechanical, and electrical properties for advanced manufacturing processes.

In September 2025, DuPont de Nemours, Inc. launched high-performance polymer-based functionally graded materials for industrial and aerospace components, supporting additive manufacturing and enhanced structural performance.

Materials Covered:

• Metal-Based FGMs
• Ceramic-Based FGMs
• Polymer-Based FGMs
• Metal-Ceramic FGMs
• Hybrid FGMs

Manufacturing Methods Covered:

• Additive Manufacturing
• Powder Metallurgy
• Thermal Spraying
• Centrifugal Casting
• Laser Deposition

Value Chain Stages Covered:

• Material Design & Simulation
• Powder & Feedstock Preparation
• Component Fabrication
• Post-Processing & Finishing
• Testing & Qualification

Applications Covered:

• Aerospace Components
• Biomedical Implants
• Thermal Barrier Systems
• Structural Components
• Electronic Substrates

End Users Covered:

• Aerospace &Defense
• Healthcare
• Industrial Manufacturing
• Electronics Industry
• Energy Sector

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Functionally Graded Materials Market, By Material

• 5.1 Introduction
• 5.2 Metal-Based FGMs
• 5.3 Ceramic-Based FGMs
• 5.4 Polymer-Based FGMs
• 5.5 Metal-Ceramic FGMs
• 5.6 Hybrid FGMs

6 Global Functionally Graded Materials Market, By Manufacturing Method

• 6.1 Introduction
• 6.2 Additive Manufacturing
• 6.3 Powder Metallurgy
• 6.4 Thermal Spraying
• 6.5 Centrifugal Casting
• 6.6 Laser Deposition

7 Global Functionally Graded Materials Market, By Value Chain Stage

• 7.1 Introduction
• 7.2 Material Design & Simulation
• 7.3 Powder & Feedstock Preparation
• 7.4 Component Fabrication
• 7.5 Post-Processing & Finishing
• 7.6 Testing & Qualification

8 Global Functionally Graded Materials Market, By Application

• 8.1 Introduction
• 8.2 Aerospace Components
• 8.3 Biomedical Implants
• 8.4 Thermal Barrier Systems
• 8.5 Structural Components
• 8.6 Electronic Substrates

9 Global Functionally Graded Materials Market, By End User

• 9.1 Introduction
• 9.2 Aerospace & Defense
• 9.3 Healthcare
• 9.4 Industrial Manufacturing
• 9.5 Electronics Industry
• 9.6 Energy Sector

10 Global Functionally Graded Materials Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 General Electric Company
• 12.2 Boeing
• 12.3 Airbus SE
• 12.4 3M Company
• 12.5 DuPont de Nemours, Inc.
• 12.6 Hexcel Corporation
• 12.7 Toray Industries, Inc.
• 12.8 SGL Carbon SE
• 12.9 Solvay SA
• 12.10 Praxis Materials, Inc.
• 12.11 CMC Materials, Inc.
• 12.12 GE Additive
• 12.13 Renishaw plc
• 12.14 Tornos Technologies
• 12.15 Sandvik AB
• 12.16 Mitsubishi Chemical Holdings Corporation
• 12.17 Teijin Limite