Nanomaterials Market Statistics 2019 | Industry Growth, Share & Regional Forecast To 2025
North America led by U.S., is potential nanomaterials market with rising product application in major segments in electrical & electronics, chemical products, and pharmaceuticals.
Delaware, United State – June 11, 2019 /MarketersMedia/ —
Nanomaterials Market size is expected to witness noteworthy growth over the forecast period owing to ongoing technological development. In addition, increasing availability of several methods such as green synthesis and tools to synthesize nanomaterials are driving nanomaterials market growth.
Synthetic methods such as covalent synthesis and self-assembling techniques & processing to fabricate the nanoparticles provide better opportunity for computer simulation and modelling. Further financial support from government organizations are expected to escalate the product growth. These materials having at least one spatial dimension in the size range from 1 to 100 nanometres. Increasing applications of particles in different fields such as health care for tumour treatment, will fuel nanomaterials market over the forecast period.
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Several regulatory bodies namely EPOA, RCRA, TSCA, NIOSH, REACH, CLP/GHS are involved in monitoring the generation of hazardous substances due to manufacturing and processing of nanomaterials. REACH organization recommends the need to properly evaluate and manage the risks posed by product on health and environment. Increasing risk to health and environment may hamper nanomaterials market growth over the forecast period.
With reduction in particle size, the surface area increases which enhances the rate of absorption through the skin, lungs and digestive tracks. Another factor that hinders the nanomaterials market growth is lack of research and understanding. However, its impact may diminish over the forecast period with the ongoing extensive research.
The Nanomaterials Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Nanomaterials Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Nanomaterials Product Insights
5. Nanomaterials Application Insights
6. Nanomaterials Regional Insights
7. Competitor Profiles
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Aerospace sector is expected to witness significant growth over the forecast period as nanomaterials market creates new business opportunity for automotive as it makes parts stronger, tougher, and long lasting. It is revealed in the study that use of this product increases the fatigue life by 200 to 300%.
Based on type of materials, market is divided into metal & metal oxides (silica, zinc oxide, aluminium oxide/hydroxide, iron oxide, titanium dioxide and others), chemicals & polymers (liposomes, nanopharmaceuticals, other chemicals), carbon based, nanoclay, dendrimers, metal based, nanocellulos, and other materials. Metal and metal oxides account for a major share owing to increasing application in fabrication of sensors, micro circuits and passivation coatings. Carbon based nanomaterials market projected to hold noteworthy share due to thermal & electrical conductivity, optical and high mechanical strength properties.
1. Nanomaterials Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Nanomaterials growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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The nanomaterials market is consolidated with major players being BASF, Ahlstrom, Bayer, Evonik Industries, DuPont, Fuso Chemicals, Southern Clay Products, EMFUTUR Technologies, Altair Nanotechnologies. The key players to gain major share of nanomaterials market, adopt strategies such as partnerships, mergers & acquisitions, business expansion, and product & application development. In order to gain competitive share and maximize the benefit, BASF is planning to spend more than one quarter of their capital expenditures in lucrative regions having above average growth.
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Name: Arun Hedge
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Organization: Global Market Insights
Website: https://www.gminsights.com/industry-analysis/nanomaterials-market
Source: MarketersMedia
Release ID: 522769