Metamaterials: Technologies and Global Markets

Report Code: AVM067A

Publish Date: Oct 2008

Publisher: BCC Publishing

Category: Advanced Materials

Customize This Report

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

  • The global market for metameterials applications was worth $164.2 million in 2007 and an estimated $190.7 million in 2008. This should reach $2.6 billion in 2013, a compound annual growth rate (CAGR) of 26.5%.
  • Electromagnetic metamaterials dominate the market, generating an estimated $102.5 million in 2007. This is expected to increase to $117.5 million in 2008 and $316.2 million in 2013, for a CAGR of 21.9%.
  • Extreme parameter and other metamaterials have the second largest market share, worth $61.7 million in 2007 and an estimated $73.2 million in 2008. This should increase at a CAGR of 32.7% to reach $301.4 million in 2013.

INTRODUCTION 

STUDY BACKGROUND

In October 2006, David R. Smith of Duke University and other researchers announced that they had created an “invisibility shield.” Using concentric rings of fiberglass circuit boards that had been printed with millimeter-scale metal wires and C-shaped split rings the researchers were able to divert microwaves around a metal cylinder placed at the center of the ring: the microwaves behaved as though nothing were there. 
 
In principle, there is no reason why a similar device that cloaks an object from visible light could not be built, although such a visible-light cloak is probably a decade or more away from becoming reality. While not yet exactly the stuff of science fiction, the microwave invisibility cloak was probably the most dramatic demonstration so far of what can be achieved with metamaterials, composites made up of precisely arranged patterns of two or more distinct materials.
 
Metamaterials can manipulate electromagnetic radiation, including light, in ways not readily observed in nature. An example of optical metamaterials that is already a reality is photonic crystals, i.e., periodic dielectric structures that diffract light of specific wavelengths and do not allow that light to leave the structure (referred to as the “band gap”). Photonic crystals have a number of commercial applications, such as ultrabright LEDs.
 
Other commercial applications of metamaterials include RF metamaterial air interface solutions for high performance wireless communications networks. However, most practical applications of metamaterials technology still lie in the future, such as magnetic metamaterials for ultrasensitive MRI detectors and acoustical metamaterials for noise barriers.
 
STUDY GOALS AND OBJECTIVES
 
Metamaterials offer seemingly endless possibilities. However, intuition alone tells us that not all of these possibilities are likely to become reality. The goal of this report is to survey emerging metamaterials technologies and applications, identify those that are most likely to achieve significant commercial sales in the next 5 to 10 years, and develop quantitative estimates of potential sales. 
 
The report’s approach is similar to that of BCC’s other recent report Global Medical Markets for Nanoscale Materials and Devices (HLC058A). Both reports generally avoid futuristic speculation about technology applications that might be possible 10 years or more into the future, focusing instead on applications that are expected make it to market by 2018.
 
The report’s specific objectives support this broad goal. These objectives include identifying the metamaterials with the greatest commercial potential in the 2008 to 2018 time frame, identifying market drivers and evaluating obstacles to their successful commercialization, and projecting their future sales.
 
INTENDED AUDIENCE
 
This report is intended especially for marketing executives, entrepreneurs, investors, venture capitalists, and other readers with a need to know where the emerging metamaterials market is headed over the next 5 to 10 years. Although the report is organized around specific technologies, it is largely non-technical in nature and coverage. That is, it is concerned less with theory and jargon than with what works, how much of the latter the market is likely to purchase, and at what price. 
 
The report has not been written specifically for scientists and technologists. However, the report’s findings concerning the market for their work, including the availability of government and corporate research funding for different technologies and applications should interest them as well.
 
SCOPE AND FORMAT
 
The report addresses the emerging global market for metamaterials, including the classes of materials listed below. The common thread uniting this diverse group of materials is that all of them are artificial materials with characteristics usually not found in nature, and owe these characteristics to their structure rather than their constituent element or elements. 
  • Artificial dielectrics
  • Negative refraction media
  • Active terahertz materials (i.e., metamaterials respond magnetically to far infrared or terahertz (THz) electromagnetic radiation
  • Chiral materials
  • Photonic crystals
  • Superconducting metamaterials
  • Extreme-parameter metamaterials (metamaterials whose internal structure has been modified on engineered on a molecular or nanoscale level to impart extraordinary strength, flexibility, or other characteristics)
  • Acoustic metamaterials.
The study format includes the following major elements: 
  • Executive summary
  • Definitions
  • General properties of metamaterials
  • Historical milestones in the development of metamaterials
  • Emerging and developmental metamaterials technologies and applications that have the greatest commercial potential through 2018
  • Detailed market estimates and projections for each application and material during the period 2007 to 2013
  • General assessment of expected market trends in the longer term (2014 to 2018)
  • Patent analysis
INFORMATION SOURCES AND METHODOLOGY
 
Projecting the market for emerging technologies, whose commercial potential has not yet been proven, is a challenging task. This is nowhere more true than in the metamaterials field, which may help to explain why many analysts focus on supply-side technology assessments. 
 
However, BCC’s objective in this report is to provide not just a technology assessment but also an initial commercial assessment of the potential commercial market for metamaterials. To accomplish this objective, BCC used a multiphase approach to identify the metamaterials with the greatest commercial potential and quantify the related markets.
 
In the first phase of the analysis, BCC identified a long list of metamaterials technologies and applications, including those that are still under development. In the second phase, BCC eliminated those metamaterials applications that appear to have little likelihood of making it into commercial use in the next 5 to 10 years, through a literature review and interviews with industry sources. The result of phase two was a short list of metamaterials with the greatest commercial potential over the time period covered by this report.
 
The third phase focused on quantifying the potential market for each short-listed metamaterial, by application, and identifying the main prerequisites for commercial success. Phase three actually had two phases: 1) development of near to mid-term (2008 to 2013) projections and 2) development of longer-term (2014 to 2018) projections. The development of such long-term projections is a departure from the usual BCC report format, necessitated by the long time frame for commercialization of many of the technologies analyzed in this report. Obviously, the projections for the out-years beyond 2014 are more tentative than the projections for 2008 to 2013. 
 
The specific assumptions and approach BCC used to develop the projections (both near/mid-term and long term) for each metamaterial and application are documented in detail under the various segments addressed. This way, readers can see how the market estimates were developed and, if they so desire, test the impact on the final numbers of changing the underlying assumptions.
 
One of the approaches used by BCC deserves special mention here. Particularly in the case of metamaterials applications that are still under development, BCC used the sales performance of a non-metamaterial application that has some of the same functions or shares other characteristics with the metamaterials application as a benchmark for assessing the latter’s sales potential.
 
 
ANALYST CREDENTIALS
 
Andrew McWilliams, the author of this report, is a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel, LLC. He is the author of a number of other BCC Research market opportunity reports on advanced materials technologies, including Printed Electronics: The Global Market; Nanostructured Materials: Electronic/Magnetic/ OptoelectronicSmart and Interactive Textiles, High Performance Ceramic Coatings: Markets and Technologies; Geosynthetics: Materials, Applications, and Markets; Diamond, Diamond-Like and CBN Coatings and Coating Products; Advanced Ceramics and Nano Ceramic Powders;  Nanotechnology for Photonics.
Need pricing for multiple titles, a complete report bundle, or something specially curated to fit your budget? EXPLORE OFFERS
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Metamaterials: Technologies and Global Markets153Free
Chapter- 1: INTRODUCTION5Free
Chapter- 2: EXECUTIVE SUMMARY2Free
Chapter- 3: OVERVIEW13Free
Chapter- 4: ARTIFICIAL DIELECTRICS: MATERIALS, END USES AND MARKETS, 2007 TO 201810Free
Chapter- 5: NEGATIVE REFRACTION MEDIA: MATERIALS, END USES AND MARKETS, 2007 TO 201814Free
Chapter- 6: ACTIVE TERAHERTZ METAMATERIALS: MATERIALS, END USES AND MARKETS, 2007 TO 201817Free
Chapter- 7: CHIRAL MATERIALS: MATERIALS, END USES AND MARKETS, 2007 TO 201815Free
Chapter- 8: PHOTONIC CRYSTALS: MATERIALS, END USES AND MARKETS, 2007 TO 201831Free
Chapter- 9: SUPERCONDUCTING METAMATERIALS: MATERIALS, END USES AND MARKETS, 2007 TO 201810Free
Chapter- 10: EXTREME-PARAMETER METAMATERIALS: MATERIALS, END USES AND MARKETS, 2007 TO 201811Free
Chapter- 11: MAGNETIC NANOCOMPOSITES: MATERIALS, END USES AND MARKETS, 2007 TO 20182Free
Chapter- 12: ACOUSTIC METAMATERIALS: MATERIALS, END USES AND MARKETS, 2007 TO 20187Free
Chapter- 13: APPENDIX I: : COMPANY PROFILES11Free
Chapter- 14: APPENDIX II: PATENT ANALYSIS5Free

Related Reports

Track the Latest Global Tariff Developments

In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.

Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.

Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.

With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.

Ready to see what tariff means for your business?

Consult with our experts or request your custom Tariff Impact Brife today

Stay Informed, Stay Competitive

In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.

Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.

Our analysis includes:

  • Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
  • Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
  • Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.

With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.

Don't let tariffs catch you off guard—let our insights guide your strategy.

This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 60

  • Summary Table: GLOBAL MARKET FOR METAMATERIALS APPLICATIONS, BY TYPE OF MATERIAL, THROUGH 2018
  • Table 1: MAJOR TYPES OF METAMATERIALS
  • Table 2: GLOBAL MARKET FOR METAMATERIALS BY TYPE OF MATERIAL, THROUGH 2018
  • Table 3: GLOBAL MARKET FOR METAMATERIALS BY END-USE SECTOR, THROUGH 2018
  • Table 4: PROJECTED MARKET FOR ARTIFICIAL DIELECTRICS, THROUGH 2018
  • Table 5: MARKET FOR AUTOMOTIVE RADAR APPLICATIONS, THROUGH 2018
  • Table 6: MATERIALS CONSUMPTION ASSOCIATED WITH AUTOMOTIVE RADAR APPLICATIONS, THROUGH 2018
  • Table 7: AIRBORNE ANTENNAS AND RELATED MARKET FOR METAMATERIALS, THROUGH 2018
  • Table 8: GLOBAL MARKET FOR WIMAX DATA COMMUNICATION EQUIPMENT AND POTENTIAL SUCCESSOR TECHNOLOGIES, THROUGH 2018
  • Table 9: SMART ANTENNAS AND RELATED MARKET FOR ARTIFICIAL DIELECTRICS, THROUGH 2018
  • Table 10: PROJECTED MARKET FOR NEGATIVELY REFRACTIVE METAMATERIALS, THROUGH 2018
Sample Report

Recent Reports

Global Conductive Polymers Market

Published - Nov 2025 | Publisher - BCC Publishing | Code - AVM256A

The global market for conductive polymers is estimated to grow from $11.2 billion in 2025 and forecast to reach $17 billion by 2030, at a compound annual growth rate (CAGR) of 8.6% from 2025 through 2030.

Global Curing Agents Market

Published - Sep 2025 | Publisher - BCC Publishing | Code - AVM258A

The global market for curing agents is estimated to grow from $7.4 billion in 2025 and forecast to reach $10 billion by the end of 2030, at a compound annual growth rate (CAGR) of 6.4% from 2025 to 2030.

3D Printing for Construction: Global Markets

Published - Sep 2025 | Publisher - BCC Publishing | Code - AVM238B

The global market for 3D printing for construction is expected to grow from $228.6 million in 2025 and is projected to reach $6.5 billion by the end of 2030, at a compound annual growth rate (CAGR) of 95.5% during the forecast period of 2025 to 2030.

Battery Recycling: Global Markets

Published - Aug 2025 | Publisher - BCC Publishing | Code - AVM233B

The global market for battery recycling is expected to grow from $12.8 billion in 2025 and is projected to reach $19.8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 9.2% during the forecast period of 2025 to 2030.

Bio-based Coatings: Global Markets

Published - Aug 2025 | Publisher - BCC Publishing | Code - AVM254A

The global market for bio-based coatings is expected to grow from $13.6 billion in 2025 and is projected to reach $22.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.7% during the forecast period of 2025 to 2030.

Top Trending Reports

Contract Manufacturing of Medical Devices: Global Markets

Published - Nov 2025 | Publisher - BCC Publishing | Code - MDS039B

The global market for contract manufacturing of medical devices is estimated to grow from $96.4 billion in 2025 to reach $155.2 billion by 2030, at a compound annual growth rate (CAGR) of 10% from 2025 to 2030.

Bioprocess Filtration: Global Markets

Published - Oct 2025 | Publisher - BCC Publishing | Code - MDS043B

The global market for bioprocess filtration is estimated to grow from $8.4 billion in 2025 to reach $15.6 billion by 2030, at a compound annual growth rate (CAGR) of 13.1% from 2025 through 2030.

Global Data Center Market

Published - Jul 2025 | Publisher - BCC Publishing | Code - IFT320A

The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.

Biological Therapies for Cancer: Technologies and Global Markets

Published - Nov 2025 | Publisher - BCC Publishing | Code - BIO048E

The global biological therapies market for cancer is expected to grow from $157 billion in 2025 and is projected to reach $225 billion by the end of 2030, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2025 to 2030.

Immunotherapy Drugs: Global Markets

Published - Nov 2025 | Publisher - BCC Publishing | Code - PHM249B

The global immunotherapy drugs market is expected to grow from $260.7 billion in 2025 and is projected to reach $467.4 billion by the end of 2030, at a compound annual growth rate (CAGR) of 12.4% during the forecast period of 2025 to 2030.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Metamaterials: Technologies and Global Markets
Customize Report
AI Sentiment