Nanomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
Global Nanomaterials Market: Brief Account
Nanomaterials are the materials which has at least one spatial dimension in the size range of 1 to 100 nanometer. Nanomaterials can be created with various modulation dimensionalities. It can be individual nanostructure such as atomic clusters, quantum dots, nanocrystals, nanowires, and nanotubes, while collection of nanostructures involves arrays, assemblies, and superlattices of individual nanostructure. The physical and chemical properties of nanomaterials can significantly differ from atomic-molecular or the bulk materials of the same composition. Uniqueness of structural characteristics, response, dynamics, chemistry, and energetics of nanostructures constitutes the basis of nanoscience. There are several areas of concern in the nanomaterials market which are projected to be explored in the coming years, for instance, nanoparticles or nanocrystals of metals and semiconductors, nanotubes, nanowires, and nanobiological systems.
Global Nanomaterials Market: Segmentation
Nanomaterials market can be broadly segmented on the basis of application as chemical products, electrical and electronics, pharmaceuticals, and polymers and composites. While chemical products segment hold a significant market share in the nanomaterials market, pharmaceuticals and nano polymers and composites are anticipated to emerge as the fastest growing segment in the near future. Development of so-gels, aerogels and inorganic oxide materials of high surface areas with high absorption and catalytic properties is major application in chemical products. Consolidated nanocomposites and nanopolymers have enabled the production of ultrahigh strength materials, novel magnets and ductile cements which in turn provides huge opportunity for growth of the nanomaterials market. Use of nanomaterials in electrical and electronics application segment provides potential to flourish. Use of carbon nanotubes as efficient field emitters for possible use in display devices and also as tips in scanning microscopes is expected to traverse more utilities of nanomaterials in the projected period.
Global Nanomaterials Market: Trends and Prospects
Nanoscience and nanotechnology have grown explosively in the recent decade. Increasing availability of several methods and tools to synthesize nanomaterials is driving the nanomaterials market. Synthetic methods such as covalent synthesis, self-assembly techniques and processing are now available for synthesis of nanomaterials. Novel methods of fabricating patterned nanostructures provide opportunity for better computer simulation and modeling. Besides, dispersions and coating, consolidated materials, bio-medical, and nano devices are some of the emerging potential applications. One of the major restraining factors hindering the growth of the nanomaterials market is lack of research and unexplored understanding about the nanostructures. However, the impact of this factor is expected to diminish in the near future due to on-going extensive research and government funding to support potential growth of nanomaterials. Also potential of safety risk to health and environment is restraining the growth of nanomaterials market.
Global Nanomaterials Market: Geographical Evaluation
The U.S forms the largest market for the nanomaterials owing to large application use of nanotubes in various industries. Electrical and electronics, pharmaceutical, and chemical products are the major application segments in North America market. Europe also held a significant market share in the nanomaterials market. Decrease in price of nanomaterials due to increase in mass production has lead to robust growth of nanomaterials in these regions. Asia Pacific is expected to witness remarkable growth in the projected period. Increasing government funding and support, rising environmental consciousness, and rising demand for specialty materials is expected to boost the growth of nanomaterials market in the foreseeable period. Nanomaterials are regulated under REACH and CLP regulation in the European market while U.S FDA regulates nanomaterials for the American market.
Global Nanomaterials Market: Companies Mentioned in the Report
There are several players in the nanomaterials market. Some of them include BASF, EMFUTUR Technologies, Sigma-Aldrich Co. LLC., Evonik Industries, Bayer AG, Altair Nanotechnologies Inc., SkySpring Nanomaterials, and Nanomaterials Company.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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