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The market for polymer nanocomposites, which was valued at $8,279 million in 2022, is anticipated to grow to $15,549 million by 2030, thanks to a CAGR of 12.9% from 2023 to 2030. Polymer nanocomposites are multiphase materials with nanoscale filler dispersion, including metal oxides, ceramics, nanoclays, carbon nanotubes, and others.
This study divides the global polymer nanocomposite market into segments based on type, application, and geography. By examining government regulations and policies, it offers potential growth opportunities for polymer nanocomposite-based products in various geographies and examines existing market patterns in those areas, further boosting customer acceptance there. The research focuses on a number of variables that affect the global market for polymer nanocomposites, including market forecast, market drivers, market restraints, market opportunities, and the involvement of several important players in the industry. The report's data is offered in terms of volume and value. The market for polymer nanocomposites is expanding primarily due to the expanding automotive and packaging sectors, their superior mechanical and physical qualities, and the development of their infrastructure in emerging nations. However, this market's expansion is constrained by technological and environmental obstacles as well as high production costs.
In order to create timing-belt covers and engine covers, polymer nanocomposites were first offered to the market as nylon-6/clay nanocomposites in 1991. The outstanding mechanical and physio-chemical properties of polymer nanocomposites enabled-parts are the key driving force for their use. These characteristics result in a lighter vehicle, an engine with lower fuel consumption and CO2 emissions, and an increase in safety and comfort thanks to the vehicle's strong performance. A material called a nanocomposite is one that has had its structural, functional, or aesthetic qualities improved in order to perform better in any number of special applications. Despite the widespread usage of different composite materials like fiberglass and reinforced plastics for many purposes, there is always a need for new composites with desirable qualities for a variety of additional uses. These nanocomposites are currently widely employed in a variety of application areas, including automotive, aerospace & military, electronics & semiconductor, construction, and packaging.
On the basis of the type of product, nanocomposites can be divided into categories such carbon nanotube, metal oxide, nanofiber, nanoclay, graphene, and others. Because of their adaptability, polymer nanocomposites are suitable for use in a wide range of application fields across a number of sectors. Nanocomposites are divided into two categories, thermoplastics and thermosetting, based on the type of resin they are made of. They can also be divided into groups based on the markets for the final products, including those for packaging, automotive, electronics and semiconductor, aerospace and military, energy, coatings, and other industrial uses. The packaging sector found that polymer nanocomposites offered a distinctive combination of qualities that made them appealing alternatives, and as a result, the packaging industry dominated the nanocomposites market in 2014 with the highest market share. Due to the usage of nanotechnology, new advances in the packaging sector have emerged, providing the sector with novel options.
The main factor driving the global market for polymer nanocomposites is the increasing requirement to produce lightweight automobiles. Additionally, it is anticipated that rising research and development efforts in the field of nanotechnology will assist build business prospects for significant market participants in the years to come. In the years to come, improvements to current products combined with the use of new raw materials in the manufacturing process may assist spur product demand and accelerate the growth of the polymer nanocomposites market.
Future market expansion for polymer nanocomposites may be aided by government initiatives and regulations as well as investment from private investors for top companies' R&D projects. In the coming years, other factors like growing industrialisation, particularly in developing nations, may also help to fuel the growth of the worldwide polymer nanocomposites market. Due to growing consumer demand for polymer nanocomposites as a viable replacement for heavy metal composites in an effort to acquire goods with decreased weight and increased efficiency, the automotive end-use segment is anticipated to become the largest revenue contributor to the entire market.
Over the past few years, there has been significant expansion in the market for polymer nanocomposites. It is anticipated that this growth will continue in the years to come. According to the present market dynamics, the end-user industries in growing economies like China, Japan, and India have a high need for polymer nanocomposites. Additionally, new industrial applications support such need. The key determining factors for the global market will be the impending technological breakthroughs, bio-raw material innovations, and novel approaches created for the usage of polymer nanocomposites, with increased attention on the present cost and their applications.
Report Coverage
Global Polymer Nanocomposites research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Polymer Nanocomposites report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Polymer Nanocomposites competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Polymer Nanocomposites market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Polymer Nanocomposites market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Polymer Nanocomposites market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
E. I. DU PONT DE NEMOURS AND COMPANY, SHOWA DENKO CARBON, INC., POWDERMET, INC., EVONIK INDUSTRIES AG, RTP COMPANY, THE ARKEMA GROUP, NANOCYL S.A., Nanocor, Inc., Nanophase Technologies Corporation, INFRAMAT CORPORATION, BYK Additives (Germany), 3D System (U.S.), Foster Corporation (U.S.), Industrial Nanotech (U.S.), Hybrid Plastics Inc. (U.S.), InMat Inc. (U.S.) and others.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Polymer Nanocomposites market based on the below-mentioned segments:
Global Polymer Nanocomposites Market, By Type
Carbon Nanotubes (CNT)
Nanoclay
Metal oxide
Ceramics
Others
Global Polymer Nanocomposites market, By Application
Construction
Automotive
Electrical & Electronics
Packaging
Others
Global Polymer Nanocomposites market, Regional Analysis
This study divides the global polymer nanocomposite market into segments based on type, application, and geography. By examining government regulations and policies, it offers potential growth opportunities for polymer nanocomposite-based products in various geographies and examines existing market patterns in those areas, further boosting customer acceptance there. The research focuses on a number of variables that affect the global market for polymer nanocomposites, including market forecast, market drivers, market restraints, market opportunities, and the involvement of several important players in the industry. The report's data is offered in terms of volume and value. The market for polymer nanocomposites is expanding primarily due to the expanding automotive and packaging sectors, their superior mechanical and physical qualities, and the development of their infrastructure in emerging nations. However, this market's expansion is constrained by technological and environmental obstacles as well as high production costs.
In order to create timing-belt covers and engine covers, polymer nanocomposites were first offered to the market as nylon-6/clay nanocomposites in 1991. The outstanding mechanical and physio-chemical properties of polymer nanocomposites enabled-parts are the key driving force for their use. These characteristics result in a lighter vehicle, an engine with lower fuel consumption and CO2 emissions, and an increase in safety and comfort thanks to the vehicle's strong performance. A material called a nanocomposite is one that has had its structural, functional, or aesthetic qualities improved in order to perform better in any number of special applications. Despite the widespread usage of different composite materials like fiberglass and reinforced plastics for many purposes, there is always a need for new composites with desirable qualities for a variety of additional uses. These nanocomposites are currently widely employed in a variety of application areas, including automotive, aerospace & military, electronics & semiconductor, construction, and packaging.
On the basis of the type of product, nanocomposites can be divided into categories such carbon nanotube, metal oxide, nanofiber, nanoclay, graphene, and others. Because of their adaptability, polymer nanocomposites are suitable for use in a wide range of application fields across a number of sectors. Nanocomposites are divided into two categories, thermoplastics and thermosetting, based on the type of resin they are made of. They can also be divided into groups based on the markets for the final products, including those for packaging, automotive, electronics and semiconductor, aerospace and military, energy, coatings, and other industrial uses. The packaging sector found that polymer nanocomposites offered a distinctive combination of qualities that made them appealing alternatives, and as a result, the packaging industry dominated the nanocomposites market in 2014 with the highest market share. Due to the usage of nanotechnology, new advances in the packaging sector have emerged, providing the sector with novel options.
The main factor driving the global market for polymer nanocomposites is the increasing requirement to produce lightweight automobiles. Additionally, it is anticipated that rising research and development efforts in the field of nanotechnology will assist build business prospects for significant market participants in the years to come. In the years to come, improvements to current products combined with the use of new raw materials in the manufacturing process may assist spur product demand and accelerate the growth of the polymer nanocomposites market.
Future market expansion for polymer nanocomposites may be aided by government initiatives and regulations as well as investment from private investors for top companies' R&D projects. In the coming years, other factors like growing industrialisation, particularly in developing nations, may also help to fuel the growth of the worldwide polymer nanocomposites market. Due to growing consumer demand for polymer nanocomposites as a viable replacement for heavy metal composites in an effort to acquire goods with decreased weight and increased efficiency, the automotive end-use segment is anticipated to become the largest revenue contributor to the entire market.
Over the past few years, there has been significant expansion in the market for polymer nanocomposites. It is anticipated that this growth will continue in the years to come. According to the present market dynamics, the end-user industries in growing economies like China, Japan, and India have a high need for polymer nanocomposites. Additionally, new industrial applications support such need. The key determining factors for the global market will be the impending technological breakthroughs, bio-raw material innovations, and novel approaches created for the usage of polymer nanocomposites, with increased attention on the present cost and their applications.
Report Coverage
Global Polymer Nanocomposites research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Polymer Nanocomposites report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Polymer Nanocomposites competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Polymer Nanocomposites market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | E. I. DU PONT DE NEMOURS AND COMPANY, SHOWA DENKO CARBON, INC., POWDERMET, INC., EVONIK INDUSTRIES AG, RTP COMPANY, THE ARKEMA GROUP, NANOCYL S.A., Nanocor, Inc., Nanophase Technologies Corporation, INFRAMAT CORPORATION, BYK Additives (Germany), 3D System (U.S.), Foster Corporation (U.S.), Industrial Nanotech (U.S.), Hybrid Plastics Inc. (U.S.), InMat Inc. (U.S.) and others. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Polymer Nanocomposites Market from 2021 to 2030.
- Market Forecast for Polymer Nanocomposites Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Polymer Nanocomposites competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Polymer Nanocomposites
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Polymer Nanocomposites market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Polymer Nanocomposites market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
E. I. DU PONT DE NEMOURS AND COMPANY, SHOWA DENKO CARBON, INC., POWDERMET, INC., EVONIK INDUSTRIES AG, RTP COMPANY, THE ARKEMA GROUP, NANOCYL S.A., Nanocor, Inc., Nanophase Technologies Corporation, INFRAMAT CORPORATION, BYK Additives (Germany), 3D System (U.S.), Foster Corporation (U.S.), Industrial Nanotech (U.S.), Hybrid Plastics Inc. (U.S.), InMat Inc. (U.S.) and others.
Primary Target Market
- Market Players of Polymer Nanocomposites
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Polymer Nanocomposites market based on the below-mentioned segments:
Global Polymer Nanocomposites Market, By Type
Carbon Nanotubes (CNT)
Nanoclay
Metal oxide
Ceramics
Others
Global Polymer Nanocomposites market, By Application
Construction
Automotive
Electrical & Electronics
Packaging
Others
Global Polymer Nanocomposites market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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