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Global Nanocomposites Market Report and Forecast 2024-2032
Market Report I 2023-11-17 I 173 Pages I EMR Inc.
Global Nanocomposites Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global nanocomposites market is projected to grow at a CAGR of 16.20% between 2024 and 2032 reaching a value of approximate USD 24.1 billion by 2032. Aided by the rising demand for advanced materials in various industries and the growth in applications of nanocomposites, the market is expected to grow significantly by 2032.
Nanocomposites are multiphase solid materials where one of the phases has dimensions in the nanometre range. They have exceptional mechanical, thermal, and electrical properties, making them suitable for a wide range of applications including automotive parts, packaging, electronics, aerospace, construction, and biomedical uses.
The increasing demand for advanced materials with superior properties is a significant driver for the global nanocomposites market growth. The extraordinary properties of nanocomposites, such as improved stiffness, heat resistance, flame retardancy, and barrier properties, have resulted in their extensive use in various industries, especially in the production of automotive parts and electronic components. Nanocomposites are increasingly employed in the food packaging industry, notably in the packaging of cheese, confectionery, processed meat, boil-in-the-bag food, and cereals, among other foods, due to their low permeability to gases, water, and hydrocarbons.
In addition, the growth in the applications of nanocomposites across different sectors plays a critical role in boosting the nanocomposites market demand. For instance, in the automotive industry, nanocomposites are used to manufacture lightweight yet durable components to improve fuel efficiency. In the packaging industry, nanocomposites are used for creating materials with better barrier properties, resulting in longer shelf-life of packaged goods.
Moreover, nanocomposites are being increasingly used in the biomedical field due to their biocompatibility and superior mechanical properties. They are used in various applications such as bone repair and replacement, drug delivery systems, and in the development of antimicrobial surfaces. Such properties are fuelling the global nanocomposites market development.
Furthermore, the growing interest in eco-friendly and sustainable products is leading to a rise in the demand for nanocomposites. As nanocomposites can significantly improve the properties of biodegradable polymers, they are being extensively used to create green and sustainable materials, thus, further influencing the nanocomposites market outlook.
Market Segmentation
The market can be divided based on material type, application, and region.
Market Breakup by Material Type
- Carbon Nanotubes
- Metal Oxides
- Nanoclay
- Nanofibre
- Graphene
- Others
Market Breakup by Application
- Packaging
- Automotive
- Electronics and Semiconductors
- Coatings
- Aerospace and Defence
- Energy
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global nanocomposites market. Some of the major players explored in the report by Expert Market Research are as follows:
- Mineral Technologies Inc.
- DuPont de Nemours, Inc
- Zyvex Technologies Inc.
- Arkema Inc.
- Powdermet Inc.
- RTP Company
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Nanocomposites Market Analysis
8.1 Key Industry Highlights
8.2 Global Nanocomposites Historical Market (2018-2023)
8.3 Global Nanocomposites Market Forecast (2024-2032)
8.4 Global Nanocomposites Market by Material Type
8.4.1 Carbon Nanotubes
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Metal Oxides
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Nanoclay
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Nanofibre
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Graphene
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Nanocomposites Market by Application
8.5.1 Packaging
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Automotive
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Electronics & Semiconductors
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Coatings
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Aerospace & Defence
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Energy
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2023)
8.5.6.3 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Nanocomposites Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Nanocomposites Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Nanocomposites Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Nanocomposites Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Nanocomposites Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Nanocomposites Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Mineral Technologies Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 DuPont de Nemours, Inc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Zyvex Technologies Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Arkema Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Powdermet Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 RTP Company
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Nanocomposites Market: Key Industry Highlights, 2018 and 2032
2. Global Nanocomposites Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Nanocomposites Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Nanocomposites Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Nanocomposites Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Nanocomposites Historical Market: Breakup by Consumer (USD Billion), 2018-2023
7. Global Nanocomposites Market Forecast: Breakup by Consumer (USD Billion), 2024-2032
8. Global Nanocomposites Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Nanocomposites Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Nanocomposites Market Structure
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