Nanocomposites Market, By Type (Epoxy-based Nanocomposites, Polymer Nanocomposites, Graphene Enabled Nanocomposites, Carbon Nanotube Enabled Nanocomposites, and Others), By Application (Food Packaging, Textiles, Automobiles, Electronics, Aerospace, Biomedical Medicine & Drugs, Environment Remediation, Agriculture, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI492722 | Publish Date: December 2023 | No. of Pages: 168

Nanocomposites Market Overview

Nanocomposites Market size accounted for US$ 4.8 billion in 2020 and is estimated to be US$ 19.15 billion by 2030 and is anticipated to register a CAGR of 16.1%.

Nanotechnology has wide applications and has shown many advantages in different kind of fields. Polymer nanocomposites are made with the combination of both nanomaterials and composites. Nanocomposites are used in different sectors like aerospace, defense, food packaging, electronics, biomedical medicine, automobile industries, textiles and others. In textile industries nanocomposites are used in sensors, mediators, actuators, harvesting elements, thermoregulation and biosensors. The increasing concern for low emissions and low fuel economy in transportation systems has increased use of polymer. Nanocomposites in automotive industries which are lightweight, low cost and high performance which will help in increase the production speed, thermal stability, environmental stability and recyclability. Polymer Nanocomposites are used in civil structures due to their use in structural components like bridges, buildings, engineered structures, etc. Coating of epoxy polymer with Nano-ceramic fillers protect the concrete structures from contamination, deterioration and UV radiations. Owing to the excellent antibacterial properties, superior functionality, cheap, lightweight and simple processing techniques, the polymer Nanocomposites are used in food packaging materials. Polymer Nanocomposites are used in Biomedical field for bone replacement, controlled drug delivery, dental applications and tissue engineering. Flexible Polymer Nanocomposites has applications in energy harvesting which provides the new generation functional materials. Polymer Nanocomposites has become most important in field of material sciences due to its wide applications. Wide variety of applications in every field of material science has driven the boosts growth for Nanocomposites market.

Nanocomposites Market Dynamics

Rise in automotive industries and rate of urbanization

Rise in automotive industries is one of the leading factors for the nanocomposites market growth. Rise in urbanization has led to increase in transportation. Purchase of vehicles per individual in house is increasing. Due to excellent properties of fuel saving, high performance, reduction in vehicles weight, reduction in carbon dioxide emissions use of polymer nanocomposites are widely used in automotive industries. Moreover, increasing urban population is one of the driving factors for the nanocomposites market. According to data published by United Nations in 2014, about 54% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in automotive industries and population in urban areas boosts the demand for nanocomposites.

                                                                                         Rise in packed food and new advancement

Manufactures involved in nanocomposites market are developing advanced versions of their products due to new age technological advancements. In this modern age, the demand for packed food is increasing due to change in lifestyle and increase in working women. Food packaging plays an important role in protecting the food from contaminants and to increase the shelf life of food. Demand for new advancement in food preservation is increasing to ensure the healthy, high quality food with the extended shelf life. Polymeric nanocomposites helps in improving food packaging material due to their antimicrobial characteristics, moisture permeability, thermal stability, etc. Rise in use of packed food has increased due to rise in urban population and busy lifestyle. Thus, the use of polymeric nanocomposites in food packaging industries is growing which will result in the growth of the target market. For instance, in 2021, the advancements in functional biopolymer based nanocomposites has proven active and wide applications in food packaging due to their antimicrobial properties. Antimicrobial properties of biopolymer nanocomposites helps in protecting packed food from viruses, bacteria and parasites which will help in food safety and shelf life of food.

Restrains:

However, high manufacturing costs may somewhat restrain the growth of the target market.

Nanocomposites Market Segmentation

Nanocomposites Market is segmented based on type, application, and region.

On the basis of type, the Nanocomposites Market is segmented into Epoxy-based Nanocomposites, Polymer Nanocomposites, Graphene Enabled Nanocomposites, Carbon Nanotube Enabled Nanocomposites, and others. On the basis of application, the target market is classified into Food Packaging, Textiles, Automobiles, Electronics, Aerospace, Biomedical Medicine & Drugs, Environment Remediation, Agriculture, and others.

Regional Insights:

On region the Nanocomposites Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements. Moreover, rising presence of industrial corridor is anticipated to increase demand for Nanocomposites in the region.

Nanocomposites Market Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 to 2030

Market Segmentation

By Type - Epoxy-based Nanocomposites, Polymer Nanocomposites, Graphene Enabled Nanocomposites, Carbon Nanotube Enabled Nanocomposites, and others

By Application – Food Packaging, Textiles, Automobiles, Electronics, Aerospace, Biomedical Medicine & Drugs, Environment Remediation, Agriculture, and others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Nanocomposites Market report based on type, application, and region:

Nanocomposites Market, By Type:

  • Epoxy-based Nanocomposites
  • Polymer Nanocomposites
  • Graphene Enabled Nanocomposites
  • Carbon Nanotube Enabled Nanocomposites
  • Others

Nanocomposites Market, By Application:

  • Food Packaging
  • Textiles
  • Automobiles
  • Electronics
  • Aerospace
  • Biomedical Medicine & Drugs
  • Environment Remediation
  • Agriculture
  • Others

Nanocomposites Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Nanocomposites Market Key Players

The key players operating the Nanocomposites Market includes, Powdermet Inc., Zyvex Technologies, e Spin Technologies, DuPont, NanoSonic Inc., Inframat Corporation, RTP Company, UNITIKA LTD., Nanocycl SA, SHOWA DENKO K.K., Industrial Nanotech Inc., Evonik Industries AG, Integran Technologies, Arkema, Nanophase Technologies Corporation, Hybrid Plastics, Nanocor Inc., Nylon Corporation of America, Ad-Nano Technologies, 3M, Minerals Technologies, and others. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2013, the Powdermet Inc., has announced the partnership with U.S. Department of Energy, U.S. Army and U.S. Navy to commercialize the sudden development in nanocomposite materials for energy efficiency which will help to improve the energy storage technologies used for renewable energy sectors and for transportation.

Nanocomposites Market Company Profile

  • Powdermet Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zyvex Technologies
  • e Spin Technologies
  • DuPont
  • NanoSonic Inc.
  • Inframat Corporation
  • RTP Company
  • UNITIKA LTD.
  • Nanocycl SA
  • SHOWA DENKO K.K.
  • Industrial Nanotech Inc.
  • Evonik Industries AG
  • Integran Technologies
  • Arkema
  • Nanophase Technologies Corporation
  • Hybrid Plastics
  • Nanocor Inc.
  • Nylon Corporation of America
  • Ad-Nano Technologies
  • 3M
  • Minerals Technologies

 “*” marked represents similar segmentation in other categories in the respective section

Nanocomposites Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Epoxy-based Nanocomposites
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Polymer Nanocomposites
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Graphene Enabled Nanocomposites
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Carbon Nanotube Enabled Nanocomposites
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Food Packaging
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Textiles
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automobiles
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electronics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Aerospace
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Biomedical Medicine & Drugs
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Environment Remediation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Agriculture
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Powdermet Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zyvex Technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • e Spin Technologies.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • DuPont, NanoSonic Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Inframat Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • RTP Company.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • UNITIKA LTD.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nanocycl SA, SHOWA DENKO K.K
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Industrial Nanotech Inc   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Evonik Industries AG.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The Nanocomposites Market is segmented into basis of on type, application, and region.

Rise in automotive industries is one of the leading factors for the global nanocomposites market growth.

By region, The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period.

The Key players operating in the Vascular Doppler Market includes Powdermet Inc., Zyvex Technologies, e Spin Technologies, DuPont, NanoSonic Inc., Inframat Corporation, RTP Company, UNITIKA LTD., Nanocycl SA, SHOWA DENKO K.K., Industrial Nanotech Inc., Evonik Industries AG, Integran Technologies, Arkema, Nanophase Technologies Corporation, Hybrid Plastics, Nanocor Inc., Nylon Corporation of America, Ad-Nano Technologies, 3M, Minerals Technologies, and others.