According to the report the global nanomaterials market reached a value of USD 25.8 billion in 2022. Aided by the growing demand for advanced materials across various industries and the extensive application spectrum of nanomaterials, the market is projected to further grow at a CAGR of 12.65% between 2023 and 2028 to reach a value of USD 54.5 billion by 2028.
Nanomaterials are materials engineered at a nanoscale, typically between 1 and 100 nanometres in size. These materials exhibit unique physical and chemical properties owing to their nanoscale dimensions. Nanomaterials are widely used across a range of industries, including electronics, healthcare, energy, environmental science, and aerospace, for their superior mechanical, thermal, and optical characteristics.
The escalating consumer demand for innovative materials is a key driver of the global nanomaterials market growth. As technology continues to evolve at a rapid pace, there is a significant shift towards materials that offer enhanced functionality, improved efficiency, and reduced environmental impact. This shift leads to an uptick in the demand for nanomaterials across various sectors.
Moreover, the growing application spectrum of nanomaterials plays a substantial role in propelling nanomaterials market growth. In the electronics sector, nanomaterials contribute to the development of faster, smaller, and more portable systems, with extended lifetimes and improved energy efficiency. In healthcare, nanomaterials are employed for various purposes, including drug delivery, imaging, diagnostics, and artificial tissues. Their unique optical properties are exploited in the energy sector for photovoltaic applications, and their mechanical strength is utilised in the aerospace sector for lightweight, high-strength composites.
Additionally, the burgeoning trend of sustainability and eco-efficiency has significantly boosted the nanomaterials market expansion. These materials, due to their inherent properties, can contribute to energy efficiency, waste reduction, and the use of renewable resources, aligning with the global shift towards a more sustainable and circular economy.
Further, nanomaterials are being increasingly recognised as crucial components in the manufacturing of next-generation products. With advancements in nanotechnology and the rising emphasis on research and development, nanomaterials are set to play an increasingly integral role in the conception of future technologies, thereby spurring the nanomaterials market development.
Lastly, the rise in consumer awareness and acceptance of nanotechnology-based products have provided a significant boost to the market for nanomaterials. While the field of nanotechnology was once considered niche, it has now gained mainstream acceptance, with consumers recognising the benefits that these advanced materials can offer.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
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*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Nanomaterials are materials engineered at a nanoscale, typically between 1 and 100 nanometres in size. These materials exhibit unique physical and chemical properties owing to their nanoscale dimensions. Nanomaterials are widely used across a range of industries, including electronics, healthcare, energy, environmental science, and aerospace, for their superior mechanical, thermal, and optical characteristics.
The escalating consumer demand for innovative materials is a key driver of the global nanomaterials market growth. As technology continues to evolve at a rapid pace, there is a significant shift towards materials that offer enhanced functionality, improved efficiency, and reduced environmental impact. This shift leads to an uptick in the demand for nanomaterials across various sectors.
Moreover, the growing application spectrum of nanomaterials plays a substantial role in propelling nanomaterials market growth. In the electronics sector, nanomaterials contribute to the development of faster, smaller, and more portable systems, with extended lifetimes and improved energy efficiency. In healthcare, nanomaterials are employed for various purposes, including drug delivery, imaging, diagnostics, and artificial tissues. Their unique optical properties are exploited in the energy sector for photovoltaic applications, and their mechanical strength is utilised in the aerospace sector for lightweight, high-strength composites.
Additionally, the burgeoning trend of sustainability and eco-efficiency has significantly boosted the nanomaterials market expansion. These materials, due to their inherent properties, can contribute to energy efficiency, waste reduction, and the use of renewable resources, aligning with the global shift towards a more sustainable and circular economy.
Further, nanomaterials are being increasingly recognised as crucial components in the manufacturing of next-generation products. With advancements in nanotechnology and the rising emphasis on research and development, nanomaterials are set to play an increasingly integral role in the conception of future technologies, thereby spurring the nanomaterials market development.
Lastly, the rise in consumer awareness and acceptance of nanotechnology-based products have provided a significant boost to the market for nanomaterials. While the field of nanotechnology was once considered niche, it has now gained mainstream acceptance, with consumers recognising the benefits that these advanced materials can offer.
Market Segmentation
The market can be divided based on product type, structure type, end use, and region.Market Breakup by Product Type
Nanoparticles
- Nanometals
- Nonmetal Oxides
- Complex Oxides
- Nanofibres
- Nanotubes
- Nanoclays
- Nanowires
Market Breakup by Structure Type
- Non-polymer Organic Nanomaterials
- Polymeric Nanomaterials
Market Breakup by End Use
- Healthcare
- Energy
- Electronics
- Construction
- Personal Care
- Paints and Coatings
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global nanomaterials companies. Some of the major key players explored in the report are as follows:- Arkema Group
- LG Chem, Ltd.
- Cabot Corporation
- Nanoshel LLC
- CHASM Advanced Materials, Inc.
- ACS Material
- US Research Nanomaterials, Inc.
- Strem Chemicals, Inc.
- Fortis Life Sciences Company
- Nanophase Technologies Corporation
- SkySpring Nanomaterials, Inc.
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 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 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Nanomaterials Market Analysis
8.1 Key Industry Highlights
8.2 Global Nanomaterials Historical Market (2018-2022)
8.3 Global Nanomaterials Market Forecast (2023-2028)
8.4 Global Nanomaterials Market by Product Type
8.4.1 Nanoparticles
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.1.3 Based on Type
8.4.1.3.1 Nanometals
8.4.1.3.2 Nonmetal Oxides
8.4.1.3.3 Complex Oxides
8.4.2 Nanofibres
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Nanotubes
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Nanoclays
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Nanowires
8.4.5.1 Historical Trend (2018-2022)
8.4.5.2 Forecast Trend (2023-2028)
8.5 Global Nanomaterials Market by Structure Type
8.5.1 Non-polymer Organic Nanomaterials
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Polymeric Nanomaterials
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Nanomaterials Market by End Use
8.6.1 Healthcare
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Energy
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Electronics
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Construction
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Personal Care
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
8.6.6 Paints and Coatings
8.6.6.1 Historical Trend (2018-2022)
8.6.6.2 Forecast Trend (2023-2028)
8.6.7 Others
8.7 Global Nanomaterials Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Nanomaterials Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Nanomaterials Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Nanomaterials Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Nanomaterials Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Nanomaterials Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
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 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Arkema Group
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 LG Chem, Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Cabot Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nanoshel LLC
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 CHASM Advanced Materials, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 ACS Material
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 US Research Nanomaterials, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Strem Chemicals, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Fortis Life Sciences Company
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Nanophase Technologies Corporation
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 SkySpring Nanomaterials, Inc.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
Companies Mentioned
- Arkema Group
- LG Chem, Ltd.
- Cabot Corporation
- Nanoshel LLC
- CHASM Advanced Materials, Inc.
- ACS Material
- US Research Nanomaterials, Inc.
- Strem Chemicals, Inc.
- Fortis Life Sciences Company
- Nanophase Technologies Corporation
- SkySpring Nanomaterials, Inc.
Methodology
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