Chemical and Material

Nanomaterials Market Sales to Exceed 43.1 Billion by 2030

Nanomaterials Market Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 – 2030

The global nanomaterials market is on the rise. According to research and consulting company, Precedence Research, the market size of nanomaterials worldwide will hit US$ 43.1 billion by 2030, up from US$ 11.43 billion in 2022. This means a cumulative average growth rate (CAGR) of 18.05% from 2022 to 2030. The report contains 150+ pages with detailed analysis.

Nanomaterials Market Size 2021 to 2030

The increasing use of nanoparticles within the tending trade and therefore the increasing use of nanomaterials in water treatment applications are probably to extend world demand for nanomaterials.

Nanomaterials are referred to the nanometer scale like structures that has a minimum of one dimension of lesser than the hundred nanometers. Nanomaterials are categorized into one, two, and three dimensional. The zero dimensional nanomaterials are known as nanoparticles that are crystalline or amorphous and are available in various shapes and sizes.

The bulk nanomaterials are called the three dimensional nanomaterials with 3 willy-nilly way giant dimensions prodigious a hundred nm. They consists of nanowire bundles, nanoparticle dispersions, and nanotubes. Nanomaterials have a range of qualities love high strength, hardness, elasticity, electrical conductivity, medicament and automatic self-cleaning, chemical and scratch resistant, that makes them progressively helpful during a wide selection of applications. Various medical devices, electronics, boats, aircrafts, and construction materials are some of the commercial applications of the nanomaterials.

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Report Scope of the Nanomaterials Market

Report CoverageDetails
Market Size by 2030USD 43.1 Billion
Growth Rate from 2022 to 2030CAGR of 18.05%
Asia Pacific Market Share in 202136%
Medical Application Market Share in 202130%
Base Year2021
Forecast Period2022 to 2030
Segments CoveredProduct, Application, Geography

Nanomaterials Market Report Highlights

  • On the basis of product, carbon nanotubes segment holds the largest market share in the global market and is anticipated to retain its dominance during the forecast period.
  • On the basis of application, medical segment holds the largest market share in the global market.
  • By region, Asia-Pacific holds the leading market share in the nanomaterials market. However, North America is expected to be the fastest growing market for the nanomaterials.

Nanomaterials Market Regional Snapshot

Asia Pacific is predicted to dominate the nanomaterials market, accounting for the highest market share in 2020. The rising utilization of nanomaterials across different industry verticals such as electronics, medical instruments, region and military, automotive, and textiles sectors are significantly driving the growth of the market in terms of value sales.

Due to the growing demand for technology, the various organizations are boosting their investments on research and development which is exponentially driving the market in countries like China and Japan, and government support are some of the factors fueling the growth of the market. For example, BASF, a known nanotechnology organization, spent more than Euros 2.03 billion in research and development in the year 2019.

Continuous efforts in the R&D of nanotechnology and nanomaterials, to explore potential applications in various end use industries, are anticipated to fuel the market growth over the forecast period. Growing demand from microelectronics and Nano electronics due to the increasing usage of advanced devices is anticipated to propel the market growth during the forecast period.

In Central &South America market is expected to grow significantly owing to the rising focus of several multinational companies in the expansion of their businesses in the developing markets. Additionally, Brazil is known to be a frontrunner in R&D adctivities related to nanomaterials. Thus, the aforementioned facts is likely to offer immense opportunities for the growth of the market.

Technological advancement in various industries including medicine, electronics, and automobiles have significantly contributed to the development of the living standards of the masses in the countries like Middle East and Africa. Additionally, the rising disposable income of the middle class income group and growing demand for luxury goods including laptops,mobile phones, and other electronic devices has an increase in demand for electronic devices.

Nanomaterials Market Dynamics

Drivers: Rising demand from electronic industry to augment market growth

During the forecast period, the rise in demand for nanomaterials in electronic industry is driving the growth of the market in terms of value sales. The various consumer electronics has gained a rapid traction among the global consumers in the recent years owing to the rising digital revolution across the globe.

The rising disposable income of the consumers in the developing economies is driving the demand for the hi-tech consumer electronics. The rising investments in the research and development to manufacture efficient and sustainable electronic products are expected to boost the growth of the market in the upcoming years. Furthermore, increased research & developments to manufacture new nanomaterials is expected to bolster the growth of the market globally in terms of value sales.

Also Read: Blood Clot Retrieval Devices Market Share Report 2030

RestrainStringent rules and regulations to hold back the market growth

Factors including expected increase within the variety of individuals exposed to those nanoparticles, activity exposure, and therefore the expected evolution of doubtless prejudicial consequences in the upcoming years are anticipated to prompt the institution of stricter laws. As a result, the predicted progressive stringency in nanomaterials and engineering laws is anticipated to act as a restrain to the growth of the market in the future.

Opportunities: Growing adoption of nanomaterials in personal care industry

Rise in consumers’ disposable personal incomes, the personal care industry is booming which in turn is also likely to offer immense opportunities for the growth of the nanomaterials market during the forecast period in terms of value sales. Nanoparticles are being use into cosmetics as well as skin care products. For instance, oxide nanoparticles block ultraviolet rays and minimize white coating on the skin. Thus, the adoption of nanomaterials in the personal care industry is likely to offer immense opportunities for the market growth during the forecast period in terms of value sales.

Impact of Covid 19

The market growth is adversely affected by the lockdown and economic crisis caused by the Covid-19 pandemic in the year 2020. However, during the pandemic the lockdown restrictions and the closure of international borders resulted in a disrupted supply chain and lack of labor. China is a major manufacturer of various electronic products and the origin of COVID-19 from China has forced the various top companies to shift to other Asia nations such as India and Vietnam.

Nanomaterials Market Key Players

  • Strem Chemicals, Inc.
  • American Elements
  • US Research Nanomaterials, Inc.
  • Nanocomposix, Inc.
  • Frontier Carbon Corporation
  • Nanoshel LLC
  • SkySpring Nanomaterials, Inc.
  • Nanophase Technologies Corporation
  • Cytodiagnostics, Inc.
  • Quantum Materials Corp

Segments Covered in the Report

By Product

  • Carbon Nanotubes
  • Titanium Nanoparticles
  • Silver Nanoparticles
  • Aluminum Oxide Nanomaterials
  • Gold (Au)
  • Iron (Fe)
  • Copper (Cu)
  • Platinum (Pt)
  • Nickel (Ni)
  • Antimony Tin Oxide
  • Bismuth Oxide
  • Others

By Application

  • Aerospace
  • Automotive
  • Medical
  • Energy & power
  • Electronics
  • Paints & Coatings
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Research Methodology

A unique research methodology has been utilized to conduct comprehensive research on the growth of the global nanomaterials market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions.

Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global nanomaterials market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimate the future prospects of the global market more reliable and accurately.

Why should you invest in this report?

If you are aiming to enter the global nanomaterials market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for nanomaterials are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Nanomaterials Market 

5.1. COVID-19 Landscape: Nanomaterials Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Nanomaterials Market, By Product

8.1. Nanomaterials Market, by Product Type, 2022-2030

8.1.1. Carbon Nanotubes

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Titanium Nanoparticles

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Silver Nanoparticles

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Aluminum Oxide Nanomaterials

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Gold (Au)

8.1.5.1. Market Revenue and Forecast (2017-2030)

8.1.6. Iron (Fe)

8.1.6.1. Market Revenue and Forecast (2017-2030)

8.1.7. Copper (Cu)

8.1.7.1. Market Revenue and Forecast (2017-2030)

8.1.8. Platinum (Pt)

8.1.8.1. Market Revenue and Forecast (2017-2030)

8.1.9. Nickel (Ni)

8.1.9.1. Market Revenue and Forecast (2017-2030)

8.1.10. Antimony Tin Oxide

8.1.10.1. Market Revenue and Forecast (2017-2030)

8.1.11. Bismuth Oxide

8.1.11.1. Market Revenue and Forecast (2017-2030)

8.1.12. Others

8.1.12.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Nanomaterials Market, By Application

9.1. Nanomaterials Market, by Application, 2022-2030

9.1.1. Aerospace

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Automotive

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Medical

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Energy & power

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Paints & Coatings

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Electronics

9.1.6.1. Market Revenue and Forecast (2017-2030)

9.1.7. Others

9.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Nanomaterials Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2017-2030)

10.1.2. Market Revenue and Forecast, by Application (2017-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product (2017-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product (2017-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2017-2030)

10.2.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product (2017-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product (2017-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product (2017-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2017-2030)

10.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product (2017-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product (2017-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product (2017-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2017-2030)

10.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product (2017-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product (2017-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product (2017-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2017-2030)

10.5.2. Market Revenue and Forecast, by Application (2017-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product (2017-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2017-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product (2017-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2017-2030)

Chapter 11. Company Profiles

11.1. Strem Chemicals, Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. American Elements

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. US Research Nanomaterials, Inc.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Nanocomposix, Inc.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Frontier Carbon Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Nanoshel LLC

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. SkySpring Nanomaterials, Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Nanophase Technologies Corporation

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Cytodiagnostics, Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Quantum Materials Corp

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Frequently Asked Questions:

[sc_fs_multi_faq headline-0=”h6″ question-0=”Which are the driving factors of the nanomaterials market?” answer-0=”Exceptional physio-chemical characteristics and rising use of nanomaterials in natural philosophy,aerospace, healthcare, and textiles sectors are anticipated to propel the market growth during the forecast years. ” image-0=”” headline-1=”h6″ question-1=”What is the current size of nanomaterials market?” answer-1=”The global nanomaterials market size was reached at US$ 9.68 billion in 2021 and it is anticipated to rake US$ 43.1 billion by 2030. ” image-1=”” headline-2=”h6″ question-2=”What will be the CAGR of global nanomaterials market?” answer-2=”The global nanomaterials market is expected to drive growth at a CAGR of 18.05% from 2022 to 2030. ” image-2=”” headline-3=”h6″ question-3=”Who are the major players operating in the nanomaterials market?” answer-3=”The major players operating in the nanomaterials market are Strem Chemicals, Inc., American Elements, US Research Nanomaterials, Inc., Nanocomposix, Inc., Frontier Carbon Corporation, Nanoshel LLC, SkySpring Nanomaterials, Inc., Nanophase Technologies Corporation, Cytodiagnostics, Inc., and Quantum Materials Corp. ” image-3=”” headline-4=”h6″ question-4=”Which region will lead the global nanomaterials market?” answer-4=”Asia Pacific dominated the global nanomaterials market in 2021 and expected to be the most lucrative region during the forecast period. ” image-4=”” count=”5″ html=”true” css_class=””]

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