Dublin, Nov. 09, 2023 (GLOBE NEWSWIRE) -- The "Nanocomposites: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Nanocomposites estimated at US$8.3 Billion in the year 2022, is projected to reach a revised size of US$26.8 Billion by 2030, growing at a CAGR of 15.7% over the analysis period 2022-2030.
Nanoclay, one of the segments analyzed in the report, is projected to record 17.6% CAGR and reach US$10.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Carbon Nanotubes segment is readjusted to a revised 19.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 14.8% CAGR
The Nanocomposites market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 14.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.6% and 12.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.
Select Competitors (Total 53 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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 199 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2020 | $6 Billion |
| Forecasted Market Value (USD) by 2027 | $16.7 Billion |
| Compound Annual Growth Rate | 15.7% |
| Regions Covered | Global |
Key Topics Covered:
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
- Nanocomposites - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
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
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/brv7jr
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
