Information Technology
Material Informatics Market worth $410.4 million in 2030 - Exclusive Report by MarketsandMarkets™
The chemicals segment holds the second-largest share in the materials informatics market because it plays a significant role in material discovery, process optimization, and performance enhancement across various industries, including pharmaceuticals. The chemical industry extensively utilizes material informatics to propel research and development, reduce costs, and enhance efficiency by applying AI and machine learning to predict molecular interactions, material behaviors, and chemical properties. Material informatics in the pharmaceuticals sector is transforming drug discovery through rapid identification of new drug formulations, excipient optimization, and drug delivery system enhancement.
The manufacturing segment will register the second largest CAGR during 2025-2030 in the market for materials informatics on account of rising application of artificial intelligence and machine learning for discovering materials and process improvement. Material manufacturers are applying materials informatics to expedite the development of new-age materials with better attributes at lower costs and time requirements than conventional trial-and-error experiments. On the other hand, the increasing use of lightweight materials with high performances in aerospace, automotive, and electronics industries to meet the sustainability and performance imperatives is increasing investments in material computational design.
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The region is home to the world's premier technology companies, research labs, and government labs that heavily invest in computational material science, artificial intelligence-enabled simulations, and high-throughput experimentation. Artificial intelligence and machine learning are increasingly becoming part of material informatics in industries ranging from aerospace and automobiles to electronics and healthcare. In addition, the US Department of Energy, the National Science Foundation, and other government agencies support programs that encourage AI-based material innovation, which promotes industry-academia partnerships. North American companies are also using material informatics for sustainability purposes, including the creation of environmentally friendly polymers, lightweight electric vehicle composites, and advanced semiconductor materials.
The key companies in the material informatics companies include Schrödinger, Inc. (US), Dassault Systèmes ( France ), Exabyte Inc. (US), Citrine Informatics (US), Phaseshift Technologies ( Canada ), AI Materia ( Canada ), Hitachi High-Tech Corporation ( Japan ), Kebotix, Inc. (US), Materials Design, Inc. (US), and MaterialsZone ( Israel ).
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