The capacity of a state to harness nature in addition to its potential to cope up with the challenges posed by way of it is determined via its entire information of materials and its potential to develop and produce them for various programs. Advanced Materials are on the coronary heart of many technological developments that contact our lives. Electronic substances for verbal exchange and statistics generation, optical fibers, laser fibers sensors for the smart surroundings, power materials for renewable power and surroundings, mild alloys for better transportation, materials for strategic packages and more. Advanced substances have a much broader function to play in the upcoming destiny years because of its a couple of uses and may be of a greater assist for entire humanity. The global market for conformal coating on electronics market the market is expected to develop at a CAGR of 7% from 2015 to 2020. The international market for polyurethanes has been growing at a CAGR (2016-2021) of 6.9%, pushed by way of various software industries, along with car; bedding and fixtures; building and construction; packaging; electronics and shoes. In 2015, Asia-Pacific dominated the global polyurethanes marketplace, followed by way of Europe and North America. BASF, Bayer, Dow Chemical, Mitsui Chemicals, Nippon Polyurethanes, Trelleborg, Woodbridge are some of the primary manufacturers of polyurethanes across regions.