Development of Strategic Market Assessment Tools for Materials R&D

Chemia Discovery is a company that specializes in the research and development of new materials that can enhance the performance and sustainability of various technologies and enable emergent technologies. Chief among the materials explored at Chemia are those with applications for waste heat recovery and carbon capture. Chemia evaluates potential material R&D projects based on a comprehensive assessment of market potential, scientific viability, and technical considerations. Given the vast amount of information required for accurate decision-making, the R&D process for even a single material can be both time-intensive and resource-heavy. This project aims to enable Chemia to make assessments of the market potential for materials R&D, guiding its material R&D roadmap by mapping market data to technological and scientific data on specific classes of materials in target sectors. The main outcome of the project is the development of an easy-to-use and versatile tool designed to streamline the analysis of diverse market data, thereby facilitating strategic materials R&D planning.

Faculty Supervisor:

David Ardia

Student:

Partner:

Chemia Discovery Inc

Discipline:

Sociology

Sector:

Clean Technology; Artificial Intelligence; Commercial Services

University:

HEC Montréal

Program: