What are the factors to be considered for selection of materials for design of machine elements?

Factors to be considered for selection of material for design of machine elements a) Availability: Material should be available easily in the market. b) Cost: the material should be available at cheaper rate. c) Manufacturing Consideration: the manufacturing play a vital role in selection of material and the material should suitable for required manufacturing process. d) Physical properties: like colour, density etc. f) Mechanical properties: such as strength, ductility, Malleability etc. g) Corrosion resistance: it should be corrosion resistant.