Global Nanocomposites Market Overview:
Nanocomposites are termed as materials which are incorporated into Nano-sized particles in a matrix of standard material. The nanoparticle, when added to the material, increases its properties such as toughness, mechanical strength, and electrical or thermal conductivity of the material. Nanocomposites have various types including polymer metal fiber, carbon nanotube, nanofiber, graphene, nanoplatelet, and others. It is mostly used in various fields including aerospace & defense, electronics & semiconductor, energy, automotive, construction, consumer goods, and others. Some of the key players profiled in the study are 3M (United States), Arkema Group (France), BASF SE (Germany), Cabot Corporation (United States), DowDuPont, Inc. (United States), BYK Additives (Germany), 3D System (United States), Foster Corporation (United States), Industrial Nanotech (United States) and Abakan (Russia).
On the basis of geography, the market of Nanocomposites has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Resin, the sub-segment i.e. Thermosets will boost the Nanocomposites market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand Due To Enriched Physical, Thermal, and Other Unique Properties
- Increasing Demand for Reinforced Plastics Fuels Attention in Nanofiller-Reinforced Polymer Nanocomposites
- Upsurging Demand for Electronics Applications
- Rising Developments in Novel Materials Research & Innovation
- High Cost Associated With Nanocomposites
- Huge Opportunity Due To Strong Focus On Efficient & Environment-Friendly Packaging
- Fueling Demand of Nanocomposites from Developing Countries
- Rising Concern about Reliability, Durability, and Repeatability
The global nanocomposites market is highly fragmented and the key players have used innovative strategies including new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to develop their footprints in the global nanocomposites market.
Target Audience:Industry Association Related to Nanocomposites, Government Regulatory Bodies, Government and Private Research Organization and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Nanocomposites market on the basis of product [Carbon Nanotube, Polymer Metal Fiber, Nanofiber, Graphene, Nanoplatelet and Others] , application [Automotive, Aerospace & Defense, Electronics & Semiconductor, Energy, Packaging, Consumer Goods and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Nanocomposites market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Nanocomposites industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Hybrid Plastics Inc. (United States), Inframat Corporation (United Kingdom), InMat Inc. (United States) and Nanocor Incorporated (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Nanocomposites market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.