Global Nanocomposites Market 2023-2027
The nanocomposites market is forecasted to grow by USD 6,995.79 mn during 2022-2027, accelerating at a CAGR of 16.18% during the forecast period. The report on the nanocomposites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by nanocomposite coatings gaining traction, increased research and development activities by vendors, and robust demand from the aerospace and defense industry.
Technavio's nanocomposites market is segmented as below:
By Material
- Carbon nanotubes
- Metal oxides
- Nanoclay
- Nanofibre
- Graphene
By Application
- Packaging
- Electronics and semiconductors
- Automotive
- Coatings
- Aerospace and defense
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the high demand for lightweight materials as one of the prime reasons driving the nanocomposites market growth during the next few years. Also, the high demand for nanocomposites in wastewater treatment and sustainable and bio-based nanocomposites gaining traction will lead to sizable demand in the market.
The report on the nanocomposites market covers the following areas:
- Nanocomposites market sizing
- Nanocomposites market forecast
- Nanocomposites market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nanocomposites market vendors that include 3M Co., Arkema Group, BASF SE, Briggs Automotive Co., Cabot Corp., Celanese Corp., eSpin Technologies Inc., Evonik Industries AG, Inframat Corp., Integran Technologies Inc, Makevale Group, Miller Waste Mills Inc., Minerals Technologies Inc., Nanocyl SA, NanoSonic Inc., Pixelligent, PlasmaChem GmbH, Ultramet, Unitika Ltd., and Zyvex Corp.. Also, the nanocomposites market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.