The global nanomaterials market size reached US$ 26.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 73.7 Billion by 2028, exhibiting a growth rate (CAGR) of 17.8% during 2023-2028.
Nanomaterials (NMs) are microscopic particles in the nanometer (nm) scale occurring naturally, such as blood-borne proteins that are found in the blood and body fat. They can also be engineered to perform specialized functions. At present, they find extensive applications in the manufacturing of sunscreens, cosmetics, sports equipment, stain-resistant clothing, tires, and electronics. They are also utilized in medical diagnosis, imaging, drug delivery, and environmental remediation.
2. What is the expected growth rate of the global nanomaterials market during 2023-2028?
3. What has been the impact of COVID-19 on the global nanomaterials market?
4. What are the key factors driving the global nanomaterials market?
5. What is the breakup of the global nanomaterials market based on the product type?
6. What is the breakup of the global nanomaterials market based on the end use industry?
7. What are the key regions in the global nanomaterials market?
8. Who are the key players/companies in the global nanomaterials market?
Nanomaterials (NMs) are microscopic particles in the nanometer (nm) scale occurring naturally, such as blood-borne proteins that are found in the blood and body fat. They can also be engineered to perform specialized functions. At present, they find extensive applications in the manufacturing of sunscreens, cosmetics, sports equipment, stain-resistant clothing, tires, and electronics. They are also utilized in medical diagnosis, imaging, drug delivery, and environmental remediation.
Nanomaterials Market Trends:
The properties of conventional construction materials can be enhanced with the usage of NMs. This represents one of the key factors positively influencing the employment of NMs in the construction sector worldwide. Besides this, there is an increase in the use of NMs in fertilizers, herbicides, pesticides, sensors, quality stimulants, food packaging, and nutraceuticals. They are also used in aircraft as a substitute for conventional composites to help reduce their weight and save fuel. In addition, NMs are utilized in automotive exhaust and petroleum refining systems to improve chemical reactions while minimizing pollution and expenses. Apart from this, they are contributing to modern dentistry in composite resin and bonding systems, coating materials for dental implants, and dental restorations. This, coupled with the rising adoption of NMs in water and wastewater treatment on account of their reactivity and adsorption capacities, is propelling the market growth. Moreover, scientists have developed a biosensor system using NMs, which can diagnose the coronavirus disease (COVID-19) successfully. This, along with recent advancements in nanomaterials and nanodevices, such as nanosensors, nano-emulsions, and nanopesticides, is projected to facilitate the market growth. Furthermore, the rising utilization of platinum (Pt)-based NMs in the energy sector is augmenting the overall sales and profitability.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global nanomaterials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, structure type and end use industry.Breakup by Product Type:
- Nanoparticles
- Nanofibers
- Nanotubes
- Others
Breakup by Structure Type:
- Non-polymer Organic Nanomaterials
- Polymeric Nanomaterials
Breakup by End Use Industry:
- Healthcare
- Electrical and Electronics
- Energy
- Construction
- Rubber
- Personal Care
- Others
Breakup by Region:
- Global Nanomaterials Market Market Share, By Region (in %)
- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACS Material LLC, American Elements, Arkema S.A., BASF SE, Cabot Corporation, Daikin Industries Ltd., Jiangsu Cnano Technology Co. Ltd., LG Chem Ltd., Nanocyl SA, Nanophase Technologies Corporation, Showa Denko K. K. and Strem Chemicals Inc. (Ascensus Specialties LLC).Key Questions Answered in This Report
1. What was the size of the global nanomaterials market in 2022?2. What is the expected growth rate of the global nanomaterials market during 2023-2028?
3. What has been the impact of COVID-19 on the global nanomaterials market?
4. What are the key factors driving the global nanomaterials market?
5. What is the breakup of the global nanomaterials market based on the product type?
6. What is the breakup of the global nanomaterials market based on the end use industry?
7. What are the key regions in the global nanomaterials market?
8. Who are the key players/companies in the global nanomaterials market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Nanomaterials Market
6 Market Breakup by Product Type
7 Market Breakup by Structure Type
8 Market Breakup by End Use Industry
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- ACS Material LLC
- American Elements
- Arkema S.A.
- BASF SE
- Cabot Corporation
- Daikin Industries Ltd.
- Jiangsu Cnano Technology Co. Ltd.
- LG Chem Ltd.
- Nanocyl SA
- Nanophase Technologies Corporation
- Showa Denko K. K.
- Strem Chemicals Inc. (Ascensus Specialties LLC).
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 136 |
| Published | July 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 26.9 Billion |
| Forecasted Market Value ( USD | $ 73.7 Billion |
| Compound Annual Growth Rate | 18.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
