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Global Nanomaterials Market by Product Type (Dendrimers, Nano-Clay, Nano-Wires, Nano-Tubes, Nano-Fibres, & Nano-Particles), by End-User (Construction, Transportation, Electrical and Electronics, Healthcare, & Water Filtration). and by Region with Market Forecast for 2016-2024.

Published On : 2018-02-26 Report Page : 285 Category: Chemicals Minerals & Materials

Global Nanomaterial Market 

Market Overview

Nanomaterials are tiny particles or substances consumed at a small scale and their size ranging to the scale of nanometers. Nanomaterials have enabled nanotechnology to become one of the newest technologies in the market with the wide range of applications such as medical, aerospace, defense, energy, construction, automotive etc. One of popular application of nanomaterials is nanotubes, which are one of an illuminative example for the potential of nanotechnology.

 Goldstein Research analyst forecast the Nanomaterial Market size is set to reach from USD 4.9 billion in 2016 to USD 17.8 billion by 2024, at a CAGR of 17.63% over the forecast years 2016 to 2024. Electrical & electronics, pharmaceutical, and chemical products are the major application segments of global nanomaterials market that drives the respective market.

Covered In This Global Nanomaterial Market Report                  

The report covers the present ground scenario and the future growth prospects of the Nanomaterial Market for 2016-2024 along with the adoption rate of nanomaterials in various verticals and the ongoing research in the field of nanotechnology. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe.

Global Nanomaterial Market Segmentation             

By Product Type

  • Dendrimers
  • Nano-clays
  • Nano-wires
  • Nano-tubes
  • Nano-fibres
  • Nano-particles

By End-User

  • Construction
  • Transportation
  • Electrical and Electronics
  • Healthcare
  • Aerospace and Defense
  • Water Filtration
  • Others

Based on Geography

  • North America (U.S. & Canada) Nanomaterial Market
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Nanomaterial Market
  • Europe (The U.K., Germany, France, Italy & RoE) Nanomaterial Market
  • Asia-Pacific (China, India, Japan, Korea, Taiwan & Rest of Asia) Nanomaterial Market
  • Middle East and Africa (GCC, South Africa, North Africa & RoMEA) Nanomaterial Market

On the basis of end-user, electrical & electronics segment dominated the market with 17.5% of total nanomaterial market share in 2016. Healthcare is the fastest growing segment registering the growing CAGR of 15.75% over the forecast period due to the increasing population and awareness regarding health issues and diseases. Nanomaterials are widely used in the healthcare industry for body implants, disease diagnosis, medical devices, screening technologies, dental filling materials, etc that tends to drive the nanomaterial demand in healthcare sector.

Nanomaterial Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global nanomaterial market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global Nanomaterial Market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our global nanomaterial market report comprises of the following companies as the key players: Covetsro, Arkema, Nanocyl, Showa Denko, Air Products PLC, Cnano Technologies, Nanophase, and Glonatech SA.

Other high-flying vendors in the market are: Ahlstrom, Bayer AG, CNano Technology Ltd., DuPont, Elmarco, Evident Technologies, Finetex, Glonatech SA, Hollingsworth & Vose, Hyperion Catalysis International Inc., Kuraray, Nanodyanamics, NanoledgeInc. Nanosys Inc., Nanoviricides, , Zyvex.

According to our global market study on the basis of extensive primary and secondary research:  “One trend is the use of nanomaterials in the telecommunications industry, nanotechnology will play an important role in the coming years particularly with respect to fiber optics. Nanocrystalline materials can be made with finer resolution than standard fibers for enhanced optic cables, switches, lenses and junctions. Merging nanotechnology and holotechnology in the field of telecommunication will give the design of the projection screens and user interfaces of the next generations of holographic cell phones, “Holographones,” and televisions, “HoloTVs.”

According to the report, the major driver of the global nanomaterial market is the extensive growth in the electronics market which leads to constant increase in the usage of nanomaterials in United States and is expected to witness consistent growth during the forecast period. There is a consistent increase in the healthcare industry especially in the nanomedicine field. The main application of nanomaterials in the healthcare sector is the nanodrugs and nano compounds.

Further, the report states that the major challenge is toxicity and environmental related risks from nanomaterials. The nanomaterials that are manufactured in paints, fabrics, and personal and healthcare products including cosmetics and moisturizers releases intentional and unintentional atmospheric radiations. Radiated nanomaterials eventually deposit on land and water surface leading to contaminate soil and ground water.

Based on geography, North America held the highest share i.e. 45% in the nanomaterial market in 2016 due to wide ranging application of nanotubes. The major application sectors of North America market is electrical& electronics, pharmaceutical, and chemical products, whereas the nanomaterial market in North America is expected to grow in chemical products and electrical& electronics in forecast period. APAC is expected to witness substantial growth of 13% over the forecast period due to increase in population of China and India leading to the growth in construction industry. Furthermore, there is increase in investment in R&D which is increasing the usage of nanomaterials in healthcare industry.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Nanomaterial Market report

  • What is the total market size by 2024 and what would be the expected growth rate of market?
  • What is the revenue of Nanomaterial in 2015-16 and what would be the expected demand over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Global Nanomaterials Market by Product Type (Dendrimers, Nano-Clay, Nano-Wires, Nano-Tubes, Nano-Fibres, & Nano-Particles), by End-User (Construction, Transportation, Electrical and Electronics, Healthcare, & Water Filtration). and by  Region with Market Forecast for 2016-2024.

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements