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Nanomaterials - Global Strategic Business Report

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    Report

  • 678 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 344105

Global Nanomaterials Market to Reach $18.4 Billion by 2030

The global market for Nanomaterials estimated at US$7.9 Billion in the year 2022, is projected to reach a revised size of US$18.4 Billion by 2030, growing at a CAGR of 11.2% over the analysis period 2022-2030. Carbon Nanotubes, one of the segments analyzed in the report, is projected to record 12.6% CAGR and reach US$5.8 Billion by the end of the analysis period. Growth in the Titanium Dioxide Nanoparticles segment is estimated at 11.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 13.1% CAGR

The Nanomaterials market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2030 trailing a CAGR of 13.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.3% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.

Select Competitors (Total 233 Featured)

  • Arkema Group
  • Cabot Corporation
  • Mitsubishi Gas Chemical Co., Inc.
  • Kemira Oyj
  • Nanocyl SA
  • Hyperion Catalysis International, Inc.
  • Carbon Solutions, Inc.
  • NanoCarrier Co., Ltd.
  • Commonwealth Scientific and Industrial Research Organisation (CSIRO)
  • Eikos, Inc.
  • InMat, Inc.
  • Nanobiotix
  • Meliorum Technologies, Inc.
  • Air Products Inc.
  • China Metallurgical Information and Standardization Institute (CMISI)

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Nanomaterials Market

What is the estimated value of the Nanomaterials Market?

The Nanomaterials Market was estimated to be valued at $7.9 Billion in 2022.

What is the growth rate of the Nanomaterials Market?

The growth rate of the Nanomaterials Market is 11.1%, with an estimated value of $18.4 Billion by 2030.

What is the forecasted size of the Nanomaterials Market?

The Nanomaterials Market is estimated to be worth $18.4 Billion by 2030.

Who are the key companies in the Nanomaterials Market?

Key companies in the Nanomaterials Market include Arkema Group, Cabot Corporation, Mitsubishi Gas Chemical Co., Inc., Kemira Oyj, Nanocyl SA, Hyperion Catalysis International, Inc., Carbon Solutions, Inc., NanoCarrier Co., Ltd., Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Eikos, Inc..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Impact on Nanotechnology Sector Remains Mixed
  • Nanotechnology-based Solutions for COVID-19 Management
  • Nanomaterials in the Spotlight for Addressing COVID-19 Challenges
  • Industrial Applications Take a Hit as COVID-19 Evolves Into an Economic Crisis
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
  • The Science behind Nanotechnology
  • Nanomaterials: A Conceptual Definition
  • Types of Nanomaterials
  • Global Nanomaterials Market: Prospects & Outlook
  • Competition
  • Number of Granted Patents in USPTO for Select Nanomaterials: 2014 and 2019
  • World Brands
  • Recent Market Activity
  • Nanomaterials - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Nanomaterial Innovations to Boost Long-term Growth
  • The Path for Innovation in Nanomaterials
  • Nanomaterials Push Boundaries for Transportation Vehicles with Endless Applications
  • Abundant Raw Material Availability and Development of Novel Synthesis Techniques Bodes Well for the Market
  • Nanomaterial Usage Continues to Grow in Automotive Industry
  • Post Pandemic Outlook for Nanomaterials in Automotive Applications
  • Automobile Production % YoY Change Across Select Countries: 2020 Vs 2019
  • Lightweight Materials Will Remain Important as the Automotive Industry Traces its Slow Trajectory Towards Recovery
  • World Automobile Production in Million Units: 2008-2022
  • Global Automotive Lightweight Materials Market (In US$ Billion) for the Years 2022, 2024 & 2026
  • Advancements in Healthcare Technology, Medical Diagnostics and Medical Imaging to Boost Demand for Nanomaterials in Healthcare Sector
  • Healthcare Applications to Buck the Virus Led Downturn
  • As a Hidden Healthcare Crisis Begins to Unfold as a Result of Postponed Non-COVID Care, Nanotechnology in Cancer Care Will Become Even More Important: Missed Cancer Diagnosis in US as of June 2020
  • With the COVID-19 Pandemic Exposing Global Healthcare Unpreparedness, There is Increasing Policy Led Focus on Rebooting Health Systems Worldwide: Current & Required Healthcare Spending as % of GDP for 2019 and 2030
  • Biomedical Emerges as a Promising Application Category for Nanomaterials
  • Nanodiagnostic Products to Witness Strong Demand Growth
  • Nanotechnology in Drug Delivery: A Specialized Market Opportunity
  • Nanomaterials Advance Modern Sensing Tools Extending Application to POC Devices
  • Dendrimers Serve as a Base to Build Multifunctional Nanodevices
  • Gold Nanoparticles Exude Brimming Potential to Support Nanobiotechnology
  • Development of High-Tech Electronics Products to Spur Market Opportunities
  • Number of Consumer Electronics Users (in Million) for 2018, 2020, 2022, 2024 and 2026
  • Falling Demand for Electronics & Semiconductors Impacts Consumption Patterns for Nanomaterials
  • Supply Chain Disruptions Impact a Large Number of Electronic Manufacturers: % of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of May 2020
  • COVID-19 Derails the Construction Industry & Disrupts Demand for Nanotechnology-Based Construction Materials
  • Construction Industry Collapses, Disrupting Consumption of Composite Building Materials Reinforced with CNTs: Global Construction Spending (In US$ Trillion) for the Years 2019, 2020, & 2021
  • Nanomaterials Will Change the Construction Sector
  • Nanomaterials Hold Tremendous Potential for Use in Aerospace Sector
  • COVID-19 Induced Weakness to Curtail Uptake of Aerospace-Grade Nanomaterials in 2020: Global Airlines Performance by Region: 2020 Vs 2019
  • Rising Demand for Nanomaterials from Energy and Power Sector
  • Opportunities in Oil & Gas Sector
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2020
  • Drop in Oil Demand Current Recession Vs Other Recessions (In %)
  • Future Spotlight on Gold Nanoparticles to Efficiently Harness Renewable Energy
  • Nanomaterials Gather Pace in Paints & Coatings Industry
  • Titanium Dioxide Nanomaterials-Based Coatings Ignite Interest
  • Graphene as Nanocoatings to Find Great Demand
  • Paints & Coatings Take Hit as Construction and Automotive Industries Reel Under the Pandemic
  • Global Paints and Coatings Industry (in US$ Billion) for 2018, 2021, 2024 and 2027
  • Personal Care Industry Seeks to Leverage Capabilities of Nanomaterials
  • Growing Use of Nanomaterials in Water Treatment Applications Presents Favorable Opportunities
  • Percentage of Contaminated Water in Drinking Water Supplies in Africa, Asia, and Latin America and Caribbean
  • Nanocoatings & Their Widespread Uses: A Review
  • CNTs Continue to Outpace Other Nanomaterials in the Pipeline in Terms of Commercial Potential
  • CNTs: The Most Valued Material in the Composites Industry
  • With CNT Being the Holy Grail of Material Science, the Composites Industry Remains the Breeding Ground for CNT Innovations & Commercialization of New Applications: Global Market for Advanced Composites (In US$ Million) for the Years 2019, 2022, 2024 and 2026
  • CNTs Holds Potential in Overcoming Silicon Based Barriers in Miniaturization
  • Future Growth in Electronics End-Use Will Come from CNTs Ability to Push Beyond the Physical Limits of Moore’s Law Posed by Current Silicon Technology: Difference Between Predictions of Moore’s Law, Actual Rate of Computing Growth & Promised Potential of Nanoelectronics (In Number of Transistors Per Chip)
  • Nanoclays: Market Poised to Benefit from Expanding Applications
  • Novel Materials Research & Innovation Offers Platform for Growth
  • Liquid Nanoclay: A Game Changing Material to Tackle Desertification Issue & Push Agricultural Output
  • Organoclays: An Emerging Category with Exciting Opportunities
  • Nanoclays Exude Immense Potential to Alter the Realm of Drug Delivery Mechanisms
  • Expanding Role of Nanoclay in Food and Beverage Industry
  • Graphene Emerges as a Promising Material for Nanocomposites
  • Novel Applications Make Titanium Dioxide Nanomaterials Market to Scale New Heights
  • Buoyed by Extensive Scope, Complex-Oxide Nanomaterials Market to Register Steadfast Growth
  • Evolving Role of Nanoelectronics in Emerging Era of AI, Autonomous Systems, IoT & 5G: Opportunity for Growth
  • COVID-19 Reinforces the Importance of Nanotechnology & Nanomaterials in Environmental Protection & Climate Change Management
  • Annual CO2 Emissions (In Billion Tons) by Country
  • Market to Benefit from the Increasing Spending on R&D Efforts
  • Volatile Raw Material Pricing: A Key Challenge
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Nanomaterials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Nanomaterials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 3: World 15-Year Perspective for Nanomaterials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2015, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Carbon Nanotubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Carbon Nanotubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 6: World 15-Year Perspective for Carbon Nanotubes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Titanium Dioxide Nanoparticles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Titanium Dioxide Nanoparticles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 9: World 15-Year Perspective for Titanium Dioxide Nanoparticles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Silicon Dioxide by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Silicon Dioxide by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 12: World 15-Year Perspective for Silicon Dioxide by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Aluminum Oxide Nanoparticles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Aluminum Oxide Nanoparticles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 15: World 15-Year Perspective for Aluminum Oxide Nanoparticles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Copper Oxide Nanoparticles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Copper Oxide Nanoparticles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 18: World 15-Year Perspective for Copper Oxide Nanoparticles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 21: World 15-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Medical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 24: World 15-Year Perspective for Medical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 27: World 15-Year Perspective for Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 28: World Recent Past, Current & Future Analysis for Paints & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 29: World Historic Review for Paints & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 30: World 15-Year Perspective for Paints & Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 31: World Recent Past, Current & Future Analysis for Energy & Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 32: World Historic Review for Energy & Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 33: World 15-Year Perspective for Energy & Power by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 34: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 35: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2015 through 2021 and % CAGR
  • TABLE 36: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2015, 2023 & 2030
  • TABLE 37: World Nanomaterials Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Active Players in United States
  • CANADA
  • Active Players in Canada
  • JAPAN
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Active Players in Japan
  • CHINA
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Active Players in China
  • EUROPE
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Active Players in France
  • GERMANY
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Active Players in Germany
  • ITALY
  • Active Players in Italy
  • UNITED KINGDOM
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Active Players in United Kingdom
  • REST OF EUROPE
  • Active Players in Rest of Europe
  • ASIA-PACIFIC
  • Nanomaterials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Active Players in Asia-Pacific
  • REST OF WORLD
  • Active Players in Rest of World
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Arkema Group
  • Cabot Corporation
  • Mitsubishi Gas Chemical Co., Inc.
  • Kemira Oyj
  • Nanocyl SA
  • Hyperion Catalysis International, Inc.
  • Carbon Solutions, Inc.
  • NanoCarrier Co., Ltd.
  • Commonwealth Scientific and Industrial Research Organisation (CSIRO)
  • Eikos, Inc.
  • InMat, Inc.
  • Nanobiotix
  • Meliorum Technologies, Inc.
  • Air Products Inc.
  • China Metallurgical Information and Standardization Institute (CMISI)