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Nanocomposites - Global Market Trajectory & Analytics

  • ID: 450618
  • Report
  • April 2021
  • Region: Global
  • 211 Pages
  • Global Industry Analysts, Inc
Global Nanocomposites Market to Reach $10.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Nanocomposites estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$10.9 Billion by 2027, growing at a CAGR of 15.6% over the analysis period 2020-2027. Nanoclay, one of the segments analyzed in the report, is projected to record a 17% CAGR and reach US$4.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Carbon Nanotubes segment is readjusted to a revised 18.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 15% CAGR

The Nanocomposites market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 15% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.2% and 13.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR.

Nanofiber Segment to Record 14.9% CAGR

In the global Nanofiber segment, USA, Canada, Japan, China and Europe will drive the 14.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$511.4 Million in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027.

Select Competitors (Total 55 Featured):
  • 3M Company
  • Arkema Group
  • BASF SE
  • Cabot Corporation
  • Elementis Specialties Inc.
  • eSpin Technologies Inc.
  • Evonik Industries AG
  • Foster Corporation
  • Hybrid Plastics Inc.
  • Inframat Corporation
  • InMat Inc.
  • Nanocor Inc.
  • Nanocyl S.A.
  • Nanophase Technologies Corporation
  • Nyacol Nano Technologies Inc.
  • Powdermet, Inc.
  • RTP Company
  • Showa Denko K.K.
  • TNO
  • Unitika Ltd.
  • Zyvex Technologies
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Developments in Novel Materials Research & Innovation Provides the Platform for Growth of Nanocomposites
  • Recent Market Activity
  • Nanocomposites: Market Overview
  • Market Outlook
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • 3M (USA)
  • Arkema Group (France)
  • BASF SE (Germany)
  • Cabot Corporation (USA)
  • DSM (USA)
  • DowDuPont, Inc. (USA)
  • Elementis Specialties Inc. (USA)
  • eSpin Technologies, Inc. (USA)
  • Evonik Industries AG (Germany)
  • Foster Corporation (USA)
  • Hybrid Plastics, Inc. (USA)
  • Inframat Corporation (USA)
  • InMat, Inc. (USA)
  • Nanocor, Inc. (USA)
  • Nanocyl S.A. (Belgium)
  • Nanophase Technologies Corporation (USA)
  • Nyacol Nano Technologies, Inc. (USA)
  • Powdermet, Inc. (USA)
  • RTP Company (USA)
  • Showa Denko K.K. (Japan)
  • TNO (The Netherlands)
  • Unitika Ltd. (Japan)
  • Zyvex Technologies (USA)
3. MARKET TRENDS & DRIVERS
  • Strong Demand for Reinforced Plastics Fuels Interest in Nanofiller-Reinforced Polymer Nanocomposites
  • Strong Focus on Efficient & Environment Friendly Packaging Fuels Opportunities for Nanocomposites
  • Nanocomposite Materials for Food Packaging Applications
  • Beverage Packaging: The Largest End-User of Nanocomposites in the Food Packaging Industry
  • Focus on Automotive Lightweighting Spurs Demand for Nanocomposite Plastic Component & Parts
  • Stringent Fire Safety Regulations & Growing Interest in Fire Proofing Chemicals Spur Opportunities for Nanocomposites as Flame Retardants
  • Tracing Opportunities for Nanocomposites in the Rapidly Evolving Field of Energy Storage
  • Bionanocomposites to Witness Spectacular Gains in Biomedical Applications
  • Demand for Innovative New Electronic Materials to Power Next Generation Electronics Spurs Strong Opportunities for Nanocomposites in the Electronics & Communications Industry
  • Graphene Represents Bright Spot in Nanocomposites Market
  • Challenges to Growth in the Market: A Review
  • Cost
  • Scalability
  • Reliability, Durability and Repeatability
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 55
Note: Product cover images may vary from those shown
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