Material Science news and archive

Report: Smart textile materials market to grow by a cool 2 billion US dollars by 2030

The market for smart textile materials is poised for growth - estimated to be worth 3.59 billion US dollars (about 3.11 billion euros) in 2023, it is expected to grow by 56 percent to 5.59 billion US dollars (about 4.11 billion euros) by 2030, expecting an annual growth rate of 6.4 percent. This is what a new report by market research company...

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Dow to close three upstream European assests

Dow, a leading material science company, is set to close three upstream assets in Europe in response to structural challenges it is currently facing in the region. The decision is a follow-up to the European asset actions first published in April 2025 and has been approved by the Board of Directors. The three assets that will shut down include...