Global Nanocomposites Market Size – By Nanoparticles Type (Nanofiber, Carbon Nanotube, Graphene, Metal Oxide, Nanoclay and Others), By Matrix Material (Polymer, Metal and Ceramic), By Application (Automotive, Aerospace & Defense, Electronics & Semiconductor, Packaging, Energy, Medical & Healthcare, and Others), & Region – Global Forecasts 2024 - 2034
- PUBLISHED ON
- 2024-06-28
- NO OF PAGES
- 180
- CATEGORY
- Chemicals & Materials
Market Overview
The Nanocomposites market is predicted to develop at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2034, when it is projected to reach USD 18,493.53 Million in 2034, based on an average growth pattern. The market is estimated to reach a value of USD 5,638.47 Million in 2024.
SOURCE: We Market Research
Nanocomposites
are advanced materials that incorporate nanoscale particles into a matrix
material, which can be polymer, metal, or ceramic. The inclusion of these
nanoparticles imparts unique properties and enhanced performance compared to
conventional composites.
The global
nanocomposites market refers to the market for advanced materials that
incorporate nanoscale particles (typically less than 100 nanometers in size)
into a matrix material (polymer, metal, or ceramic). These nanoscale particles,
such as nanoparticles or nanofibers, are dispersed within the matrix at the
molecular or atomic level to enhance the material's properties. Nanocomposites
can be polymer-based, metal-based, or ceramic-based, depending on the type of
matrix material and nanoparticles used. Factors influencing the market include
increasing demand for lightweight and high-performance materials, regulatory
support for sustainable materials, and advancements in nanotechnology driving
innovations in material science.
Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 5,638.47 Million |
|
Market Forecast in 2034 |
USD 24,493.53 Million |
|
CAGR % 2024-2034 |
16.5% |
|
Base Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast Period |
2024-2034 |
|
Report USP
|
Production, Consumption, company share, company
heatmap, company production capacity, growth factors and more |
|
Segments Covered |
By Nanoparticles Type, By Matrix Material, By Application and By
Region |
|
Regional Scope |
North America, Europe, APAC, South America and
Middle East and Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic
Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia;
Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa;
Nigeria |
Nanocomposites
Industry: Dynamics & Restrains
Market opportunity:
We Market
Research: Nanocomposites Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Nanocomposites Segmentation
Market- By Nanoparticles Type Analysis
By Nanoparticles Type, the Nanocomposites market is categories into Nanofiber, Carbon Nanotube, Graphene, Metal Oxide, Nanoclay and Others. Nanofiber segments dominate the market with the largest share, accounting for over 30% of the market in 2023. Nanofiber composites consist of polymer matrices reinforced with nanoscale fibers such as carbon, ceramic, or polymer fibers. They are valued for their high strength, stiffness, and enhanced mechanical properties.
The
following segments are part of an in-depth analysis of the global Nanocomposites
market:
|
Market Segments |
|
|
By Nanoparticles
Type |
·
Nanofiber ·
Carbon Nanotube ·
Graphene ·
Metal Oxide ·
Nanoclay ·
Others |
|
By Matrix Material |
·
Polymer ·
Metal ·
Ceramic |
|
By Application |
·
Automotive ·
Aerospace & Defense ·
Electronics &
Semiconductor ·
Packaging ·
Energy ·
Medical & Healthcare ·
Others |
Nanocomposites Industry: Regional Analysis
North America Market Forecast
North America
dominates the global Nanocomposites market, accounting for around 38% of the
market share in 2023. The United States and Canada lead in research and
development, innovation, and adoption of nanocomposites across various
industries such as aerospace, automotive, electronics, and healthcare. Strong
technological base, investments in R&D, and demand for lightweight and
high-performance materials.
Europe Market Statistics
Europe is a
prominent market for nanocomposites, driven by stringent environmental
regulations, sustainability initiatives, and advancements in industrial
applications. Countries like Germany, France, and the UK are key contributors. Focus
on energy efficiency, automotive lightweighting, and growth in construction and
packaging sectors.
Asia Pacific Market Forecasts
Asia Pacific is
the fastest-growing region in the nanocomposites market. Countries such as
China, Japan, South Korea, and India are witnessing significant adoption of
nanocomposites in automotive manufacturing, electronics, construction, and
consumer goods.
Middle East & Africa Market Statistics
MEA region is
experiencing moderate growth in the nanocomposites market. Investments in
construction, oil and gas, and healthcare sectors are driving demand for
advanced materials.
Key Market Players
·
Arkema SA
·
BASF SE
·
Cabot Corporation
·
Elementis plc
·
Evonik Industries AG
·
Inframat Corporation
·
Nanocor Inc.
·
Showa Denko K.K.
·
3M Company
·
Zyvex Technologies
· Other
1.
Global
Nanocomposites Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Nanocomposites Market
Scope and Market Estimation
1.2.1.Global Nanocomposites Overall
Market Size (US$ Bn) and Volume (Tons), Market CAGR (%), Market forecast (2024
- 2034)
1.2.2.Global Nanocomposites Market
Revenue Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1.Nanoparticles Type of Global Nanocomposites
Market
1.3.2.Matrix Material of Global Nanocomposites
Market
1.3.3.Application of Global Nanocomposites
Market
1.3.4.Region of Global Nanocomposites
Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Market Dynamics
2.5.1.Drivers
2.5.2.Limitations
2.5.3.Opportunities
2.5.4.Impact Analysis of Drivers and
Restraints
2.6. Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.7. Cost Tear Down Analysis
2.8. Key Developments
2.9. Porter’s Five Forces Analysis
2.9.1.Bargaining Power of Suppliers
2.9.2.Bargaining Power of Buyers
2.9.3.Threat of Substitutes
2.9.4.Threat of New Entrants
2.9.5.Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
2.13. Production Process Overview
3.
Global Nanocomposites Market Estimates & Historical Trend Analysis (2019 - 2023)
4.
Global Nanocomposites Market Estimates & Forecast Trend Analysis, by
Nanoparticles Type
4.1. Global Nanocomposites Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Nanoparticles
Type, 2019 - 2034
4.1.1.Nanofiber
4.1.2.Carbon Nanotube
4.1.3.Graphene
4.1.4.Metal Oxide
4.1.5.Nanoclay
4.1.6.Others
5.
Global Nanocomposites Market Estimates & Forecast Trend Analysis, by
Matrix Material
5.1. Global Nanocomposites Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Matrix Material,
2019 - 2034
5.1.1.Polymer
5.1.2.Metal
5.1.3.Ceramic
6.
Global Nanocomposites Market Estimates & Forecast Trend Analysis, by
Application
6.1. Global Nanocomposites Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Application, 2019
- 2034
6.1.1.Automotive
6.1.2.Aerospace & Defense
6.1.3.Electronics & Semiconductor
6.1.4.Packaging
6.1.5.Energy
6.1.6.Medical & Healthcare
6.1.7.Others
7.
Global Nanocomposites Market Estimates & Forecast Trend Analysis,
by Region
7.1. Global Nanocomposites Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Region, 2019 -
2034
7.1.1.North America
7.1.2.Western Europe
7.1.3.Eastern Europe
7.1.4.Asia Pacific
7.1.5.Middle East & Africa
7.1.6.Latin America
8.
North
America Nanocomposites Market: Estimates & Forecast Trend Analysis
8.1.
North
America Nanocomposites Market Assessments & Key Findings
8.1.1.North America Nanocomposites
Market Introduction
8.1.2.North America Nanocomposites
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
8.1.2.1. By Nanoparticles
Type
8.1.2.2. By Matrix Material
8.1.2.3. By Application
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Western
Europe Nanocomposites Market: Estimates & Forecast Trend Analysis
9.1. Western Europe Nanocomposites
Market Assessments & Key Findings
9.1.1.Western Europe Nanocomposites
Market Introduction
9.1.2.Western Europe Nanocomposites
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
9.1.2.1. By Nanoparticles
Type
9.1.2.2. By Matrix Material
9.1.2.3. By Application
9.1.2.4.
By
Country
9.1.2.4.1.
Germany
9.1.2.4.2.
Italy
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Benelux
9.1.2.4.7.
Nordics
9.1.2.4.8. Rest
of W. Europe
10. Eastern Europe Nanocomposites
Market: Estimates & Forecast Trend
Analysis
10.1. Eastern Europe Nanocomposites
Market Assessments & Key Findings
10.1.1. Eastern Europe Nanocomposites
Market Introduction
10.1.2. Eastern Europe Nanocomposites
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
10.1.2.1. By Nanoparticles
Type
10.1.2.2. By Matrix Material
10.1.2.3. By Application
10.1.2.4. By Country
10.1.2.4.1.
Russia
10.1.2.4.2.
Hungary
10.1.2.4.3.
Poland
10.1.2.4.4.
Balkan & Baltics
10.1.2.4.5. Rest of E. Europe
11. Asia Pacific Nanocomposites
Market: Estimates & Forecast Trend
Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1. Asia Pacific Nanocomposites
Market Introduction
11.1.2. Asia Pacific Nanocomposites
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
11.1.2.1. By Nanoparticles
Type
11.1.2.2. By Matrix Material
11.1.2.3. By Application
11.1.2.4. By Country
11.1.2.4.1. China
11.1.2.4.2. Japan
11.1.2.4.3. India
11.1.2.4.4. Australia & New Zealand
11.1.2.4.5. South Korea
11.1.2.4.6. ASEAN
11.1.2.4.7. Rest of Asia Pacific
12. Middle East & Africa Nanocomposites
Market: Estimates & Forecast Trend
Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1. Middle
East & Africa Nanocomposites
Market Introduction
12.1.2. Middle
East & Africa Nanocomposites
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
12.1.2.1. By Nanoparticles
Type
12.1.2.2. By Matrix Material
12.1.2.3. By Application
12.1.2.4. By Country
12.1.2.4.1. UAE
12.1.2.4.2. Saudi
Arabia
12.1.2.4.3. Turkey
12.1.2.4.4. South
Africa
12.1.2.4.5. Rest of
MEA
13. Latin America
Nanocomposites Market: Estimates &
Forecast Trend Analysis
13.1. Latin America Market Assessments
& Key Findings
13.1.1. Latin America Nanocomposites
Market Introduction
13.1.2. Latin America Nanocomposites
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
13.1.2.1. By Nanoparticles
Type
13.1.2.2. By Matrix Material
13.1.2.3. By Application
13.1.2.4. By Country
13.1.2.4.1. Brazil
13.1.2.4.2. Argentina
13.1.2.4.3. Colombia
13.1.2.4.4. Rest of
LATAM
14. Country Wise Market:
Introduction
15. Competition Landscape
15.1. Global Nanocomposites Market Product
Mapping
15.2. Global Nanocomposites Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
15.3. Global Nanocomposites Market Tier
Structure Analysis
15.4. Global Nanocomposites Market
Concentration & Company Market Shares (%) Analysis, 2023
16. Company Profiles
16.1. Arkema SA
16.1.1. Company Overview & Key Stats
16.1.2. Financial Performance & KPIs
16.1.3. Product Portfolio
16.1.4. SWOT Analysis
16.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
16.2. BASF SE
16.3. Cabot
Corporation
16.4. Elementis plc
16.5. Evonik
Industries AG
16.6. Inframat
Corporation
16.7. Nanocor Inc.
16.8. Showa Denko
K.K.
16.9. 3M Company
16.10. Zyvex
Technologies
16.11. Others
17. Research
Methodology
17.1. External Transportations /
Databases
17.2. Internal Proprietary Database
17.3. Primary Research
17.4. Secondary Research
17.5. Assumptions
17.6. Limitations
17.7. Report FAQs
18. Research Findings & Conclusion
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Frequently Asked Questions
What is the market size of Nanocomposites Market in 2024?
Nanocomposites Market was valued at USD 5,638.47 Million in 2024.
What is the growth rate for the Nanocomposites Market?
Nanocomposites Market size will increase at approximate CAGR of 16.5% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Arkema SA, BASF SE, Cabot Corporation, Elementis plc, Evonik Industries AG, Inframat Corporation, Nanocor Inc., Showa Denko K.K., 3M Company, Zyvex Technologies and and others.
Which region dominates the Nanocomposites Market?
North America dominates the market with an active share of 38%.
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