Global Nanomaterials Market Research Report Opportunities, Industry Share, Size, Competitive Analysis with Forecast To 2024
The global nanomaterials market is expected to grow from USD 16,852.85 million 2017 to USD 58,369.85 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 19.42%.
“Growing support of the government institutions for nanomaterials to serve the potential is one of the factors largely attributing to the growth of nanomaterials market globally”
The factors attributing to the growth of the market are growing support of the government institutions for nanomaterials to serve the potential, partnerships & strategic alliances and increased expending in r&d, decrease in price of nanomaterials and improved material properties, increasing applications in automotive and aviation sector, growing usage of nanomedicines in the healthcare industry, and increasing usage of nanomaterials in water treatment applications. However, some factors such as and high capital cost coupled with the stringent requirement in the framework of the government regulations may hinder the market growth. The global nanomaterials market is expected to showcase the opportunities such as applications of carbon nanomaterials, applications of nanomaterials in electrical and electronic industry, and advancement in the production process and potential for end-use industries. In the near future, the market may face the possible challenges in the growth due to and growing concerns over human health and environment due to the presence of toxic solvents. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global nanomaterials market market.“Carbon Based Nanomaterials: The highest growing material type for the global nanomaterials market”
“Ahlstrom: The potential growing player for the global nanomaterials market”
The key players profiled in the global nanomaterials market are Ahlstrom, Air Products & Chemicals, Arkema, BASF SE, Bayer AG, CNANO Technologies Ltd., Chasm Technologies Ltd., Elmarco, Finetex ENE, Glonatech SA, Kuraray, Nanocyl SA, Nanophase, Nanoviricides, Showa Denko, Sumitomo, and Zyvex Technologies.
On the basis of material type, the global nanomaterials market is studied across Carbon Based Nanomaterials, Dendrimers Nanomaterials, Metal & Non-Metal Oxides, Metal Based Nanomaterials, Nanocellulose, and Nanoclay. Among all these material type, the Carbon Based Nanomaterials is projected to hold the largest market share while the Nanoclay has the potential to grow the market with the highest CAGR in the forecast period.“Nanotubes: The highest growing product for the global nanomaterials market”
On the basis of product, the global nanomaterials market is studied across Nanoclays, Nanofibers, Nanoparticles, Nanotubes, and Nanowires. Among all these product, the Nanotubes is projected to hold the largest market share while the Nanofibers has the potential to grow the market with the highest CAGR in the forecast period.“Paint & Coatings: The highest growing end user for the global nanomaterials market”
On the basis of end user, the global nanomaterials market is studied across Adhesives & Sealants, Electronics & Consumer Goods, Energy, Healthcare & Life Sciences, Paint & Coatings, and Personal Care. Among all these end user, the Paint & Coatings has captured the maximum market share while the Healthcare & Life Sciences has the opportunity to emerge with the highest CAGR.“Asia-Pacific: The highest growing geography for the global nanomaterials market”
On the basis of geography, the global nanomaterials market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Americas is showing the maximum growth in the near future with the highest CAGR while the Asia-Pacific is dominating the market with highest market size.
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The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global nanomaterials market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global nanomaterials market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global nanomaterials market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global nanomaterials market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global nanomaterials market.