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The Future Value of Disruptive Materials

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The following content is sponsored by Global X ETFs

The Briefing

  • By 2030, the collective market for disruptive materials is expected to reach over $800 billion
  • Copper is the largest market while lithium is the fastest growing

The Future Value of Disruptive Materials

A select number of materials have a critical role to play in the expansion of next generation technologies. This could lead to a surge in demand and a potential soaring of market values for each material as a result.

This graphic from Global X ETFs takes a closer look at the forecasted market value for 12 disruptive materials, which are seeing increasingly large climate investment.

Soaring Market Values

The materials highlighted are each a billion dollar market in their own right. But which has the largest projected future market value?

Copper is one of the largest and most mature markets from this group. And as a result sees a lower projected compound annual growth rate (CAGR).

However, when it comes to the fastest growing market, lithium reigns supreme with a CAGR of over 23% between the forecast period of 2021 and 2028. Lithium is a vital ingredient for lithium-ion batteries, used in EVs and elsewhere.

Disruptive MaterialProjected Market Value ($B)CAGR (over forecast period)
Copper$394.0B by 20294.2% (2021-2029P)
Lithium$191.0B by 202823.3% (2021-2028P)
Nickel$59.0B by 20287.3% (2021-2028P)
Zinc$49.6B by 20274.0% (2021-2027P)
Manganese$42.0B by 20277.4% (2019-2027P)
Cobalt$17.3B by 202912.5% (2021-2029P)
Rare Earth Metals$15.4B by 20309.1% (2021-2030P)
Platinum$9.6B by 20275.0% (2020-2027P)
Carbon Fiber$9.0B by 20309.2% (2022-2030P)
Carbon Materials$8.7B by 20276.8% (2020-2027P)
Palladium$5.6B by 20284.6% (2022-2028P)
Graphene$1.3B by 202816.2% (2022-2028P)

Altogether, the collective market value for these top materials is expected to be worth over $800 billion by the end of the decade. And in the subsequent years, as efforts to tackle climate change accelerate, the collective value of these materials may well hit $1 trillion.

Introducing the Global X Disruptive Materials ETF

The Global X Disruptive Materials ETF (Ticker: DMAT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Disruptive Materials Index.

The Global X Disruptive Materials ETF is a passively managed solution that can be used to gain exposure to the rising demand for disruptive materials. Click the link to learn more.

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The 10 Longest Range EVs for 2023

This infographic lists 10 of the longest range EVs currently for sale in the U.S. in 2023. The Lucid Air takes first place at 516 miles.

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The Briefing

  • EV models with over 300 miles (480 km) of range are becoming more common in the United States
  • The Lucid Air (Grand Touring trim) has the highest EPA range at 516 miles (830 km)

The 10 Longest Range EVs for 2023

Range anxiety is frequently cited as one of the biggest turnoffs of electric vehicles (EVs).

Even as recent as 2021, the average range of an EV was just 217 miles (349 km), falling significantly short from the average gas car’s range of 413 miles (665 km). Thankfully, as this infographic shows, EVs with over 300 miles of range are becoming more common.

Below are the top 10 EVs for 2023, ranked by their EPA combined driving range. For further context, we’ve also included price. These values are for the specific trim that achieves the stated range. In some cases, more expensive trims are available but have a lower range (e.g. Tesla Plaid).

ModelEPA Combined Driving RangePrice*
Lucid Air516 mi (830 km)$138,000
Tesla Model S405 mi (652 km)$84,990
Hyundai Ioniq 6361 mi (581 km)$45,500
Tesla Model 3358 mi (576 km)$55,990
Mercedes-Benz EQS350 mi (563 km)$104,400
Tesla Model X348 mi (560 km)$94,990
Tesla Model Y330 mi (531 km)$52,990
GMC Hummer EV Pickup329 mi (529 km)$110,295
Rivian R1T328 mi (528 km)$74,800
BMW iX324 mi (521 km)$87,100

*Most recent prices available as of April 2023

Note that the EV market is rapidly evolving, and the data in this table has a limited shelf life. For example, Rivian is releasing a battery option dubbed the “Max pack” which promises up to 400 miles, but is not yet EPA rated.

Where Does This Data Come From?

Source: Car and Driver (range), manufacturer websites (price)

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