There are several specific type of nanomaterials already developed in the marketplace and that have the potential to be used across various industries. This report focuses on Nano Magnesium Hydroxide.
Nano Magnesium hydroxide has various applications ranging from flame retardants to healthcare to functional fillers. Almost 70% of Nano Magnesium Hydroxide is presently used as a flame retardant by Cable and Wire industries. However, it also finds limited applications in other industries such as textile because of its ease of dispersion, production of chemicals especially polymers, building materials and in healthcare because of its antibacterial properties. The emerging application areas where research efforts are underway are in weaponry, aerospace, defense and specialty cables.
About 77% of the global consumption is in East Asia and North America. Despite its technical superiority, the cost and low awareness of the product has restricted its consumption. The price of the material is a factor of process of manufacturing along with the volumes ordered besides its size and purity. The hub for the manufacturers of Nano Magnesium Hydroxide is located in China and United States of America, accounting for 80% of the global capacity. There is large underutilization of existing production capacity due to less demand. The Indian market is still in the process of development due to lack of awareness.
It is expected that the market for Nano Magnesium Hydroxide market will reach 646 MT in 2015 despite its high cost, lack of awareness. The report provides input on some of the key manufacturers and end users in the Nano Magnesium Hydroxide market. We have employed a combination of secondary research and in depth interviews with stakeholders to validate our findings and further understand the underlying trends and strategies. The report will provide to be a useful guide for researchers, healthcare, textile, and defense sectors, flame retardants. We believe that this report will help all the stakeholders to spot the business opportunities.
4. GLOBAL OVERVIEW
5a. Volume by Key Applications
5b. Current Applications
5c. Emerging Applications
6. INTERNATIONAL PRICES
7. GROWTH DRIVERS AND INHIBITORS
9. PROFILES OF KEY MANUFACTURERS
i. US Research Nanomaterials, Inc.
ii. Beijing DK Nano technology Co. Ltd.
iii. Hangzhou Wan Jing New Material Co., Ltd.
10. KEY CUSTOMERS
List of Tables
Table 1: Comparison of Nano Magnesium Hydroxide with Plain Magnesium Hydroxide
Table 2: Uses of Nano Magnesium Hydroxide
Table 3: Current uses of Nano Magnesium Hydroxide
Table 4: Emerging applications of Nano Magnesium Hydroxide
Table 5: Prices of Nano Magnesium Hydroxide in China and U.S.
Table 6: Large Customers' usage of Nano Magnesium Hydroxide
Table 7: End User Feedback
List of Figures
Figure 1: Worldwide distribution of manufacturers of Nano Magnesium Hydroxide
Figure 2: Global Consumption of Nano Magnesium Hydroxide- Volume and Value
Figure 3: Split of market by Key Application
Figure 4: Challenges in the Indian market
Figure 5: Factors affecting price of Nano Magnesium Hydroxide
Figure 6: Future Market of Nano Magnesium Hydroxide