The unique physical and chemical properties of nanomaterials offer improved performance and quality to manufactured goods. These nanomaterials offer ample opportunities to end-user industries such as construction, aerospace, defense, energy storage, and in production of sports equipment and consumer goods. As of 2018, market demand for nanomaterials attained a global value of $48.12 billion, which is projected to rise at a CAGR of 13% during the forecast period 2019-2025.
A newly compiled report by IndustryARC titled, “Nanomaterials Market By Type Of Material (Carbon Based, Metal & Non-metal Oxides, Metals, Dendrimers, Nanoclay, And Nanocellulose), By End-User (Paints & Coatings, Adhesives & Sealants, Healthcare & Life Science, Energy, Electronics & Consumer Goods, Personal Care, And Others) – Global Forecast 2019 – 2025” incorporates an in-depth assessment of the competitive landscape, market drivers, end-user industries, production life cycle, market trends, mergers and acquisitions, market life cycle analysis, market entropy, financial analysis, supply and demand analysis, and strategic analysis of the global nanomaterials market.
Nanomaterials Market: Leading Segments
Nanomaterials are used in various end-user industries such as construction, aerospace, paintings and coatings, healthcare, electronics, and consumer goods. In recent times, carbon nanomaterials have begun to replace silicon in computer chips and in advance materials. These carbon nanotubes make chips and semiconductor devices operate at a greater speed and provide larger memory storage. Nevertheless, IndustryARC analysts state that the electronics and semiconductors end-user industry has higher opportunities compared to the other segments of the nanomaterials market. Thus, the demand is anticipated to grow at a CAGR of 14.5% during the forecast period.
Nanotechnology will make a significant economic impact on end-user industries of APAC countries. The application of nanomaterials in chemicals is widely employed in APAC countries, specifically China, India, Korea, and Japan which have accounted for a huge number of nano-chemical registrations. In APAC countries, the market share is predominated by polymer nanotechnology, a sub-segment of nanocomposite applications made primarily of nanomaterials. It has a wide range of applications across industries including packaging, automotive, aerospace, defense electronics and semiconductors, and coatings. [1] The APAC countries hold 32% regional share in the global nanomaterials market as of 2018.
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Nanomaterials Market: Disruptive Trends
· Collaborations among major market players, strategic alliances and effective partnerships between domestic and foreign organizations continue to drive the nanomaterials market.
· In recent times, nanomaterials produced by bacteria have started gaining traction. Bacteria nanocellulose (BNC) demonstrated that it may outperform cellulose, which is currently being utilized in the food industry. Few potential uses of bacteria nano cellulose include frostings and icings, sauces and gravies, pourable and spoonable dressings, whipped toppings and aerated desserts, and frozen dairy products.
· There is a lot of potential in the natural product-based nanomaterials market because of the need to improve production rate, cost-effective production-rates, consistent quality as well as consistent performance. These factors promote the growth of research and development activities in APAC countries.
Nanomaterials Market: Competitive Landscape
Currently, Nanosys Inc, NanoMaterials Ltd, Bruker Nano GmbH, QD Vision, Arkema, 3rdTech Inc NanoMaterials Ltd, QuantumSphere, Inc., ELITechGroup, and Acusphere, Inc. are the major shareholders in the global nanomaterials market.
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Related Reports:
A. Nanotechnology Market
https://industryarc.com/Report/15022/nanotechnology-market.html
B. Carbon Nanomaterials Market
https://industryarc.com/Report/15675/carbon-nanomaterials-market.html
What can you expect from the report?The Nanomaterials Market is Prepared with the Main Agenda to Cover the following 20 points:1. Nanomaterials Market Size by Product Categories & Application 2. Nanomaterials Market trends & Relevant Market Data3. Manufacturer Landscape 4. Distributor Landscape 5. Pricing Analysis 6. Top 10 End-user Analysis 7. Product Benchmarking 8. Product Developments 9. Mergers & Acquisition Analysis 10. Patent Analysis11. Nanomaterials Market Demand Analysis (Revenue & Volume)12. Country-level Analysis13. Competitor Analysis14. Nanomaterials Market Shares Analysis15. Value Chain Analysis16. Supply Chain Analysis17. Nanomaterials Market Strategic Analysis18. Nanomaterials Market Current & Future Market Landscape Analysis19. Opportunity Analysis20. Nanomaterials Market Revenue and Volume Analysis
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.
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