Well-coordinated international fusion materials research on multiple fundamental feasibility issues can serve an important role during the next ten years. Due to differences in national timelines and fusion device concepts, a parallel-track (multimodal) approach is currently being used for developing fusion energy. An overview is given of the current state-of-the-art of major candidate materials systems for next-step fusion reactors, including a summary of existing knowledge regarding operating temperature and neutron irradiation fluence limits due to high-temperature strength and radiation damage considerations, coolant compatibility information, and current industrial manufacturing capabilities. There are two inter-related overarching objectives of fusion materials research to be performed in the next decade: (1) understanding materials science phenomena in the demanding DT fusion energy environment, and (2) application of this knowledge to develop and qualify materials to provide the basis for next-step facility construction authorization by funding agencies and public safety licensing authorities. The critical issues and prospects for development of high-performance fusion materials are discussed along with recent research results and planned activities of the international materials research community.