The latest research study “Nanomaterials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global nanomaterials market size reached a value of US$ 22.49 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 66.51 Billion by 2027, exhibiting a CAGR of 18.60% during 2022-2027.
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Global Nanomaterials Overview:
Nanomaterials (NMs) refer to microscopic, naturally occurring particles with a nanometer (nm) diameter, such as blood-borne proteins present in the blood and body fat. These substances may differ from their bulk-form counterparts in terms of their chemical and physical properties. They are widely used for imaging, medicine administration, environmental remediation, and medical diagnosis. They can also be engineered to perform specific tasks. As a result, NMs find extensive applications in the manufacturing of sunscreens, cosmetics, tires, electronics, sports equipment, and stain-resistant clothing across the globe.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Nanomaterials Market Trends and Drivers:
The global nanomaterials market is primarily driven by the increasing product demand in the construction sector to enhance the properties of conventional construction materials. Moreover, the rising utilization of NMs in automotive exhaust and petroleum refining systems to improve chemical processes while reducing expenses and pollutants is positively influencing the market growth.
Additionally, there has been a rise in the applications of NMs in modern dentistry, including composite resin and bonding systems, coating materials for dental implants, and dental restorations. In line with this, the surging adoption of NMs in water and wastewater treatment due to their adsorption and reactivity capacities has catalyzed market growth.
Besides this, the increasing use of NMs in food packaging, nutraceuticals, sensors, quality stimulants, herbicides, insecticides, and fertilizers is another major growth-inducing factor. Other factors, including the escalating demand for electronic devices, inflating consumer disposable incomes, and advancements in nanomaterials and nanodevices, are also anticipated to propel the market growth.
Global Nanomaterials Market 2022-2027 Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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).
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The report has segmented the market on the basis of region, product type, structure type and end use industry.
Breakup by Product Type:
Breakup by Structure Type:
- Non-polymer Organic Nanomaterials
- Polymeric Nanomaterials
Breakup by End Use Industry:
- Electrical and Electronics
- Personal Care
Breakup by Region:
- 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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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