The global nanofibers market size is expected to reach USD 4.78 billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030. Technological advancements in the field of nanomaterials, coupled with increasing demand for materials such as carbon, glass, ceramic, and polymeric in various end-use segments, are expected to drive growth over the forecast period. Surging demand for nanotechnology-enabled smart textiles, filtration, tissue engineering & regeneration, wound healing, drug delivery, and biosensors is expected to steer nanofibers market penetration in the medical sector over the next few years.
However, stringent guidelines and standards for manufacturing, handling, and sales of nanomaterials by international agencies such as ISO, NIST, and Nanomaterials Registry may hamper market growth. The nanofibers industry growth may further be restrained by regulations pertaining to the toxicity of metal and carbon-based nanoparticles.
Nanoscale polymer fibers dominated the global demand accounting for 46.8% of total market volume in 2023. Large-scale application of these materials in high-efficiency air filters coupled with increasing usage in medical devices and drug delivery systems especially in the mature economies can be attributed to high penetration.
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However, stringent guidelines and standards for manufacturing, handling, and sales of nanomaterials by international agencies such as ISO, NIST, and Nanomaterials Registry may hamper market growth. The nanofibers industry growth may further be restrained by regulations pertaining to the toxicity of metal and carbon-based nanoparticles.
Nanoscale polymer fibers dominated the global demand accounting for 46.8% of total market volume in 2023. Large-scale application of these materials in high-efficiency air filters coupled with increasing usage in medical devices and drug delivery systems especially in the mature economies can be attributed to high penetration.
Nanofibers Market Report Highlights
- The global nanofibers market size was valued at USD 2.38 billion in 2023 and is projected to grow at a CAGR of 8.8% from 2024 to 2030.
- Cellulose nanofibers are expected to register the fastest CAGR of 9.5% over the forecast period.
- Electronics segment is projected to grow at the fastest CAGR of 9.7% during the forecast period.
- Asia Pacific nanofibers market is anticipated to witness the fastest growth over the forecast period, registering a CAGR of 9.3%.
The leading players in the Nanofibers market include:
- Ahlstrom
- TORAY INDUSTRIES, INC.
- DuPont
- Asahi Kasei Corporation
- Donaldson Company, Inc.
- Elmarco Ltd.
- Johns Manville. A Berkshire Hathaway Company
- Jiangxi Xian Cai Nanofibers Technology Co., Ltd.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Nanofibers Market Variables, Trends, & Scope
Chapter 4. Nanofibers Market: Product Estimates & Trend Analysis
Chapter 5. Nanofibers Market: End Use Estimates & Trend Analysis
Chapter 6. Nanofibers Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
The leading players in the Nanofibers market include:- Ahlstrom
- TORAY INDUSTRIES, INC.
- DuPont
- Asahi Kasei Corporation
- Donaldson Company, Inc.
- Elmarco Ltd.
- Johns Manville. A Berkshire Hathaway Company
- Jiangxi Xian Cai Nanofibers Technology Co., Ltd.
Methodology
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