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Nanofibers Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Polymer, Carbon, Composite, Cellulose, Metal & Metal Oxide, Others), By Technology (Magneto Spinning, Rotary Jet Spinning, Electrospinning, Others), By Application (Electronic, Medical, Water and Air Treatment, Composites, Others), By Region and Competition
Market Report I 2023-08-01 I 112 Pages I TechSci Research
Global Nanofibers market is anticipated to grow significantly through 2028 owing to the increasing demand for water & air filtration applicability. In 2021, Saudi Arabia installed 133 wastewater treatment plants.
Nanofibers is the fiber with the size less than 1 m. They have many applications such as use in textile, pharmaceuticals, and aerospace sectors. Rapid industrialization with commercialization of nanofibrous products and advancement in research & development is expected to fuel market growth over the forecast period.
Rising utilization in Air & Liquid Filtration Processes
To boost the filtration capacity, nanofibers are often coated on substrates for filtering. The extensive connectivity and large specific surface area of nanofibers, in particular, prevent viruses, bacteria, and dust particles from passing through them. Nanofibers are utilized in liquid filtration applications to filter chemicals, water, blood, drinks/beverages, gasoline, and oil. High porosity, an interconnected pore structure, and design flexibility are only a few of the distinctive physical characteristics of nanofibers. When compared to comparable commercial filtering systems that employ conventional substrates, the utilization of nanofiber substrates results in an initial increase in efficiency, smaller pressure drops, and significant energy savings. Owing to these properties, nanofibers are utilized in high-efficiency particulate air (HEPA) filters.
For instance, according to US Department of Energy (DOE) guidelines, a HEPA filter must, among other things, remove at least 99.97% of airborne particles that are 0.3 m in diameter.
Therefore, increasing demand for nanofibers is expected to lead to the growth of Global Nanofibers market during the forecast period.
Growing Demand from Medical Sector
Nanofibers have wide application in the medical sector. In case of various diseases, it is used in the drug delivery system. As nanofibers are small in size, it makes them a perfect drug carrier in the accurate part of the body. Along with this, nanofibers are also used in various medical applications such as medical face masks, artificial organs, and artificial blood vessels. Nanofibers also help in treatment of blood clotting, joint wounds, and injuries.
For instance, in September 2021, a US-based company Matregenix Inc. designed, manufactured and developed highly tunable nanofibrous materials adaptable to the wide range of application.
All these factors are expected to drive the Global Nanofibers market demand during the forecast period.
Ongoing Research & Development Activities
Growing advanced research & development activities are increasing the demand for nanofibers. Nanofibers are used in the production of supercapacitors which act as energy source and help to increase the performance efficiency and have less impact as compared to lithium ion and lead acid batteries. Supercapacitors hold massless electrons in the electric field which provide short and intense spark of power which replace conventional batteries used in electric vehicles. As the demand of electric vehicles in the world increases result in increasing the demand of nanofibers.
For instance, according to the Global EV Outlook 2022, consumers spent USD 250 billion on electric vehicle purchases in 2021, a 65% increase over 2021. Furthermore, global sales of electric cars have kept rising strongly in 2022, with 2 million sold in the first quarter, up 75% from the same period in 2021.
Therefore, shifting toward electric vehicles in developed and developing countries would increase demand for supercapacitors made from nanofibers, which is expected to result in increased demand for Global Nanofibers market during the forecast period.
Recent Developments
- In December 2022, Toray Industries generated advanced Nano fiber that efficiently adsorbs pathogenic proteins in the blood.
- In November 2022, Nippon Paper Industries signed an agreement with Yamaha Motor regarding the applicability of CNF-Reinforced Resin.
- Teijin Limited created a new technique to make NANOFRONT nanofibers in large quantities in April 2021.
- In January 2021, the first nanofiber FFP3 respirator in the world was created by Pardam and put into production.
Market Segmentation
Global Nanofibers Market is segmented based on product, technology, application, and region. Based on the product, the market is fabricated into polymer, carbon, composite, cellulose, metal & metal oxide, and others. Based on technology, the market is further segmented into magneto spinning, rotary jet spinning, electrospinning, and others. Based on application, the market is further segmented into electronic, medical, water and air treatment, composites, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Company Profiles
Nippon Paper Industries Co., Ltd., Teijin Limited, Toray Industries, Inc., eSpin Technologies, Inc., Nanolayr Limited, Verdex Technologies, Applied Sciences Inc., Elmarco Ltd., Nanofiber Solutions, Pardam Nano4fibers s.r.o are some of the key players in Global Nanofibers Market.
Report Scope:
In this report, Global Nanofibers market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
- Nanofibers Market, By Product:
o Polymer
o Carbon
o Composite
o Cellulose
o Metal & Metal Oxide
o Others
- Nanofibers Market, By Technology:
o Magneto Spinning
o Rotary Jet Spinning
o Electrospinning
o Others
- Nanofibers Market, By Application:
o Electronic
o Medical
o Water and Air Treatment
o Composites
o Others
- Nanofibers Market, By Region:
o North America
- United States
- Mexico
- Canada
o Europe
- France
- Germany
- United Kingdom
- Spain
- Italy
o Asia-Pacific
- China
- India
- South Korea
- Japan
- Australia
o South America
- Brazil
- Argentina
o Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive landscape
Company Profiles: Detailed analysis of the major companies in global Nanofibers market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Nanofibers Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Product (Polymer, Carbon, Composite, Cellulose, Metal & Metal Oxide, Others)
5.2.2. By Technology (Magneto Spinning, Rotary Jet Spinning, Electrospinning, Others)
5.2.3. By Application (Electronic, Medical, Water and Air Treatment, Composites, Others)
5.2.4. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
5.2.5. By Company (2022)
5.3. Market Map
5.3.1. By Product
5.3.2. By Technology
5.3.3. By Application
5.3.4. By Region
6. North America Nanofibers Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product
6.2.2. By Technology
6.2.3. By Application
6.2.4. By Country
6.3. Pricing Analysis
6.4. North America: Country Analysis
6.4.1. United States Nanofibers Market Outlook
6.4.1.1. Market Size & Forecast
6.4.1.1.1. By Value & Volume
6.4.1.2. Market Share & Forecast
6.4.1.2.1. By Product
6.4.1.2.2. By Technology
6.4.1.2.3. By Application
6.4.2. Mexico Nanofibers Market Outlook
6.4.2.1. Market Size & Forecast
6.4.2.1.1. By Value & Volume
6.4.2.2. Market Share & Forecast
6.4.2.2.1. By Product
6.4.2.2.2. By Technology
6.4.2.2.3. By Application
6.4.3. Canada Nanofibers Market Outlook
6.4.3.1. Market Size & Forecast
6.4.3.1.1. By Value & Volume
6.4.3.2. Market Share & Forecast
6.4.3.2.1. By Product
6.4.3.2.2. By Technology
6.4.3.2.3. By Application
7. Europe Nanofibers Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Technology
7.2.3. By Application
7.2.4. By Country
7.3. Pricing Analysis
7.4. Europe: Country Analysis
7.4.1. France Nanofibers Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Product
7.4.1.2.2. By Technology
7.4.1.2.3. By Application
7.4.2. Germany Nanofibers Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Product
7.4.2.2.2. By Technology
7.4.2.2.3. By Application
7.4.3. United Kingdom Nanofibers Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Product
7.4.3.2.2. By Technology
7.4.3.2.3. By Application
7.4.4. Spain Nanofibers Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value & Volume
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Product
7.4.4.2.2. By Technology
7.4.4.2.3. By Application
7.4.5. Italy Nanofibers Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value & Volume
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Product
7.4.5.2.2. By Technology
7.4.5.2.3. By Application
8. Asia-Pacific Nanofibers Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Technology
8.2.3. By Application
8.2.4. By Country
8.3. Pricing Analysis
8.4. Asia-Pacific: Country Analysis
8.4.1. China Nanofibers Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Product
8.4.1.2.2. By Technology
8.4.1.2.3. By Application
8.4.2. India Nanofibers Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Product
8.4.2.2.2. By Technology
8.4.2.2.3. By Application
8.4.3. South Korea Nanofibers Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Product
8.4.3.2.2. By Technology
8.4.3.2.3. By Application
8.4.4. Japan Nanofibers Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Product
8.4.4.2.2. By Technology
8.4.4.2.3. By Application
8.4.5. Australia Nanofibers Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Product
8.4.5.2.2. By Technology
8.4.5.2.3. By Application
9. South America Nanofibers Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Technology
9.2.3. By Application
9.2.4. By Country
9.3. Pricing Analysis
9.4. South America: Country Analysis
9.4.1. Brazil Nanofibers Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Product
9.4.1.2.2. By Technology
9.4.1.2.3. By Application
9.4.2. Argentina Nanofibers Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Product
9.4.2.2.2. By Technology
9.4.2.2.3. By Application
10. Middle East and Africa Nanofibers Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Technology
10.2.3. By Application
10.2.4. By Country
10.3. Pricing Analysis
10.4. MEA: Country Analysis
10.4.1. South Africa Nanofibers Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value & Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Product
10.4.1.2.2. By Technology
10.4.1.2.3. By Application
10.4.2. Saudi Arabia Nanofibers Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value & Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Product
10.4.2.2.2. By Technology
10.4.2.2.3. By Application
10.4.3. UAE Nanofibers Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value & Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Product
10.4.3.2.2. By Technology
10.4.3.2.3. By Application
11. Market Dynamics
11.1. Drivers
11.1.1. Rising utilization in Air & Liquid Filtration Processes
11.1.2. Increasing demand from Medical Sector
11.1.3. Advance Research & Development activities
11.2. Challenges
11.2.1. Trouble in shifting from Lab Level to Plant Level due to its Complexity & Small Size
11.2.2. Growing environmental troubles due to the harmfulness of nano products
12. Market Trends & Developments
12.1. Product Launches
12.2. Merger's & Acquisitions
12.3. Technological Advancements
13. Global Nanofibers Market: SWOT Analysis
14. Porter's Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Business Overview
15.2. Product Offerings
15.3. Recent Developments
15.4. Financials (In Case of Listed Companies)
15.5. Key Personnel
15.6. SWOT Analysis
15.6.1. Nippon Paper Industries Co., Ltd.
15.6.2. Teijin Limited
15.6.3. Toray Industries, Inc.
15.6.4. eSpin Technologies, Inc.
15.6.5. Nanolayr Limited
15.6.6. Verdex Technologies
15.6.7. Applied Sciences Inc.
15.6.8. Elmarco Ltd.
15.6.9. Nanofiber Solutions
15.6.10. Pardam Nano4fibers s.r.o
16. Strategic Recommendations
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