Global Functionally Graded Materials (FGM) Market Growth (Status and Outlook) 2024-2030

Functionally Graded Materials (FGMs) are composite materials with spatially varying properties and structures. By controlling the composition and microstructure of the materials, FGMs can achieve a smooth transition between different functional requirements, providing excellent performance. For example, FGMs can optimize between heat resistance and toughness in high and low-temperature environments.

The global Functionally Graded Materials (FGM) market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Functionally Graded Materials (FGM) Industry Forecast” looks at past sales and reviews total world Functionally Graded Materials (FGM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Functionally Graded Materials (FGM) sales for 2023 through 2029. With Functionally Graded Materials (FGM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Functionally Graded Materials (FGM) industry.

This Insight Report provides a comprehensive analysis of the global Functionally Graded Materials (FGM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Functionally Graded Materials (FGM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Functionally Graded Materials (FGM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Functionally Graded Materials (FGM) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Functionally Graded Materials (FGM).

United States market for Functionally Graded Materials (FGM) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Functionally Graded Materials (FGM) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Functionally Graded Materials (FGM) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Functionally Graded Materials (FGM) players cover Japan Aerospace Exploration Agency (JAXA), Mitsubishi Heavy Industries, General Electric (GE), Lockheed Martin, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Functionally Graded Materials (FGM) market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Metal FGMs
    Ceramic FGMs
    Polymer FGMs
    Composite FGMs

Segmentation by Application:
    Aerospace
    Biomedical
    Electronics
    Energy Systems
    Automotive
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Metal FGMs
    Ceramic FGMs
    Polymer FGMs
    Composite FGMs

Segmentation by Application:
    Aerospace
    Biomedical
    Electronics
    Energy Systems
    Automotive
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Japan Aerospace Exploration Agency (JAXA)
    Mitsubishi Heavy Industries
    General Electric (GE)
    Lockheed Martin

List of Tables
 Table 1. Functionally Graded Materials (FGM) Market Size CAGR by Region (2025-2030) ($ millions)
 Table 2. Major Players of Metal FGMs
 Table 3. Major Players of Ceramic FGMs
 Table 4. Major Players of Polymer FGMs
 Table 5. Major Players of Composite FGMs
 Table 6. Global Market Size by Type (2025-2030) ($ millions)
 Table 7. Global Functionally Graded Materials (FGM) Market Size Market Share by Type (2025-2030)
 Table 8. Global Functionally Graded Materials (FGM) Market Size by Application (2025-2030) ($ millions)
 Table 9. Global Functionally Graded Materials (FGM) Market Size Market Share by Application (2025-2030)
 Table 10. Date of Global Key Players Enter into Functionally Graded Materials (FGM) Market
 Table 11. Global Key Players Functionally Graded Materials (FGM) Product Offered
 Table 12. Key Players Functionally Graded Materials (FGM) Funding/Investment (Million USD)
 Table 13. Funding/Investment by Regions
 Table 14. Funding/Investment by End-Industry
 Table 15. Key Players Functionally Graded Materials (FGM) Valuation & Market Capitalization (Million USD)
 Table 16. Key Players Mergers & Acquisitions, Expansion Plans
 Table 17. Functionally Graded Materials (FGM) New Product/Technology Launches
 Table 18. Functionally Graded Materials (FGM) Industry Partnerships, Agreements, and Collaborations
 Table 19. Functionally Graded Materials (FGM) Industry Mergers and Acquisitions
 Table 20. Global Functionally Graded Materials (FGM) Market Size by Regions 2025-2030 ($ millions)
 Table 21. Global Functionally Graded Materials (FGM) Market Size Market Share by Regions 2025-2030
 Table 22. United States Functionally Graded Materials (FGM) Market Size by Type (2025-2030) ($ millions)
 Table 23. United States Functionally Graded Materials (FGM) Market Size Market Share by Type (2025-2030)
 Table 24. United States Functionally Graded Materials (FGM) Market Size by Application (2025-2030) ($ millions)
 Table 25. United States Functionally Graded Materials (FGM) Market Size Market Share by Application (2025-2030)
 Table 26. Europe Functionally Graded Materials (FGM) Market Size by Type (2025-2030) ($ millions)
 Table 27. Europe Functionally Graded Materials (FGM) Market Size Market Share by Type (2025-2030)
 Table 28. Europe Functionally Graded Materials (FGM) Market Size by Application (2025-2030) ($ millions)
 Table 29. Europe Functionally Graded Materials (FGM) Market Size Market Share by Application (2025-2030)
 Table 30. China Functionally Graded Materials (FGM) Market Size by Type (2025-2030) ($ millions)
 Table 31. China Functionally Graded Materials (FGM) Market Size Market Share by Type (2025-2030)
 Table 32. China Functionally Graded Materials (FGM) Market Size by Application (2025-2030) ($ millions)
 Table 33. China Functionally Graded Materials (FGM) Market Size Market Share by Application (2025-2030)
 Table 34. Rest of World Functionally Graded Materials (FGM) Market Size by Type (2025-2030) ($ millions)
 Table 35. Rest of World Functionally Graded Materials (FGM) Market Size Market Share by Type (2025-2030)
 Table 36. Rest of World Functionally Graded Materials (FGM) Market Size by Application (2025-2030) ($ millions)
 Table 37. Rest of World Functionally Graded Materials (FGM) Market Size Market Share by Application (2025-2030)
 Table 38. Key Market Drivers & Growth Opportunities of Functionally Graded Materials (FGM)
 Table 39. Key Market Challenges & Risks of Functionally Graded Materials (FGM)
 Table 40. Key Industry Trends of Functionally Graded Materials (FGM)
 Table 41. Company A Company Details
 Table 42. Companies Invested by Company A
 Table 43. Company A Key Development and Market Layout
 Table 44. Company B Company Details
 Table 45. Companies Invested by Company B
 Table 46. Company B Key Development and Market Layout
 Table 47. Company C Company Details
 Table 48. Companies Invested by Company C
 Table 49. Company C Key Development and Market Layout
 Table 50. Japan Aerospace Exploration Agency (JAXA) Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 51. Japan Aerospace Exploration Agency (JAXA) Functionally Graded Materials (FGM) Market Size (2023 VS 2028)
 Table 52. Mitsubishi Heavy Industries Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 53. Mitsubishi Heavy Industries Functionally Graded Materials (FGM) Market Size (2023 VS 2028)
 Table 54. General Electric (GE) Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 55. General Electric (GE) Functionally Graded Materials (FGM) Market Size (2023 VS 2028)
 Table 56. Lockheed Martin Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 57. Lockheed Martin Functionally Graded Materials (FGM) Market Size (2023 VS 2028)


List of Figures
 Figure 1. Picture of Functionally Graded Materials (FGM)
 Figure 2. Functionally Graded Materials (FGM) Report Years Considered
 Figure 3. Research Objectives
 Figure 4. Research Methodology
 Figure 5. Research Process and Data Source
 Figure 6. Global Functionally Graded Materials (FGM) Market Size Growth Rate 2025-2030 ($ millions)
 Figure 7. Functionally Graded Materials (FGM) Market Size by Region (2024 & 2030) ($ millions)
 Figure 8. Global Functionally Graded Materials (FGM) Market Size Market Share by Type (2025-2030)
 Figure 9. Global Metal FGMs Market Size Growth Rate
 Figure 10. Global Ceramic FGMs Market Size Growth Rate
 Figure 11. Functionally Graded Materials (FGM) in Aerospace
 Figure 12. Global Functionally Graded Materials (FGM) Market: Aerospace (2025-2030) ($ millions)
 Figure 13. Functionally Graded Materials (FGM) in Biomedical
 Figure 14. Global Functionally Graded Materials (FGM) Market: Biomedical (2025-2030) ($ millions)
 Figure 15. Functionally Graded Materials (FGM) in Electronics
 Figure 16. Global Functionally Graded Materials (FGM) Market: Electronics (2025-2030) ($ millions)
 Figure 17. Functionally Graded Materials (FGM) in Energy Systems
 Figure 18. Global Functionally Graded Materials (FGM) Market: Energy Systems (2025-2030) ($ millions)
 Figure 19. Functionally Graded Materials (FGM) in Automotive
 Figure 20. Global Functionally Graded Materials (FGM) Market: Automotive (2025-2030) ($ millions)
 Figure 21. Functionally Graded Materials (FGM) in Other
 Figure 22. Global Functionally Graded Materials (FGM) Market: Other (2025-2030) ($ millions)
 Figure 23. Global Functionally Graded Materials (FGM) Market Size Market Share by Application (2025-2030)
 Figure 24. Global Functionally Graded Materials (FGM) Market Size in Aerospace Growth Rate
 Figure 25. Global Functionally Graded Materials (FGM) Market Size in Biomedical Growth Rate
 Figure 26. Funding/Investment
 Figure 27. Global Functionally Graded Materials (FGM) Market Size Market Share by Regions 2025-2030
 Figure 28. United States Functionally Graded Materials (FGM) Market Size 2025-2030 ($ millions)
 Figure 29. China Functionally Graded Materials (FGM) Market Size 2025-2030 ($ millions)
 Figure 30. Europe Functionally Graded Materials (FGM) Market Size 2025-2030 ($ millions)
 Figure 31. Rest of World Functionally Graded Materials (FGM) Market Size 2025-2030 ($ millions)
 Figure 32. United States Functionally Graded Materials (FGM) Consumption Market Share by Type in 2028
 Figure 33. United States Functionally Graded Materials (FGM) Market Size Market Share by Application in 2028
 Figure 34. Europe Functionally Graded Materials (FGM) Consumption Market Share by Type in 2028
 Figure 35. Europe Functionally Graded Materials (FGM) Market Size Market Share by Application in 2028
 Figure 36. China Functionally Graded Materials (FGM) Consumption Market Share by Type in 2028
 Figure 37. China Functionally Graded Materials (FGM) Market Size Market Share by Application in 2028
 Figure 38. Rest of World Functionally Graded Materials (FGM) Consumption Market Share by Type in 2028
 Figure 39. Rest of World Functionally Graded Materials (FGM) Market Size Market Share by Application in 2028

Japan Aerospace Exploration Agency (JAXA)
Mitsubishi Heavy Industries
General Electric (GE)
Lockheed Martin

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape