A new report published by Allied Market Research, titled, "Nanomaterials Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", projects that the world nanomaterials market is expected to reach $55,016 million by 2022 from $14,741.6 million in 2015, growing at a CAGR of 20.7% from 2016 to 2022. Paints & coatings end use segment is expected to generate highest revenue throughout the forecast period. North America led the global market in 2015 and is expected to maintain its lead throughout.
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2. • Nanomaterials can be defined as substances that are intentionally produced, manufactured or
engineered to have specific properties and one or more dimensions typically between 1 and
100 nanometres. Most nanomaterials are produced in multi-ton volumes in varying sizes,
shapes, and also in surface coatings.
• Nanomaterials cover a range of materials inorganic metal and metal oxide nanomaterials,
carbon-based nanomaterials and polymeric particulate materials in a variety of forms.
nanomaterials are currently impacting include healthcare, sporting goods, cosmetics and
personal care, automotive, food and beverage, home and garden, coatings in numerous sectors,
consumer electronics and computing. Paints and coatings cross-apply to numerous consumer
markets from aerospace and automotive to construction and hygiene.
• According to a new report published by Allied Market Research, titled “Nanomaterials market
-Global Opportunity Analysis and Industry Forecast, 2014 - 2022" is expected to reach
$55,016 million by 2022 from $14,741.6 million in 2015, growing at a CAGR of 20.7% from
2016 to 2022.
Nanomaterials Market Overview
3. • The demand for nanomaterials has witnessed tremendous growth due to their properties such
as light weight in nature, electrical, catalytic, magnetic, mechanical, thermal, and imaging
features.
• Some of the other major factors that drives the potential of nanomaterials market are extensive
focus on research & development activities, new applications (aerospace & defense, sporting
goods, and others), government funding & support, collaboration among industry players to
meet new challenges, and decrease in price of nanomaterials.
• Most commonly consumed metal & non-metal oxide-based nanomaterials are titanium dioxide
and silicon dioxide. Consumption of silicon dioxide was 198 kilo tons in 2015 and is projected
to reach 786 kilo ton by 2022, at a CAGR of 21.8%.
Nanomaterials Market Analysis
5. Drivers
• Government funding & support for
nanomaterials to serve the
potential growth
• Partnerships & strategic alliances
• Decrease in price of nanomaterial
Restraints
• Growing concerns over
environmental impact and
toxicity of Engineered
nanomaterials
• High processing cost
coupled with stringent
environmental regulations
Opportunity
• Significant opportunities in
end-user industries
Nanomaterials Market Dynamics
6. • Ahlstrom Air Products and Chemicals Inc.
• Arkema Group
• CNano Technologies Ltd.
• Daiken Chemicals
• DuPont
• Fuso Chemical Co., Ltd.
• MKnano, Nanoco, Nanocyl S.A.
• NanoIntegris
• Nanophase Technologies Inc.
• Nanosys Inc.
• Southern Clay Products, Inc.
• TDA Research
• Umicore NanoMaterials
Leading Manufacturers in Industry
7. • The market revenue of nanoclay is expected to witness a highest CAGR of 24.9%.
• Paints & coatings and adhesives & sealants together accounted for more than one-third market
share in 2015.
• Personal care is projected to grow at a highest CAGR of 22% (in terms of revenue).
• North America is projected to lead the market throughout 2022, growing at a CAGR of 20.5%
(in terms of revenue).
• U.S. led the world nanomaterials market in 2015, and is expected to maintain its dominance
throughout the period under consideration.
Key Findings of Nanomaterials Market
9. “Metal & non-metal oxide-based nanomaterials are the most widely accepted in the
industry and are expected to grow with a CAGR of 20.7% from 2016 to 2022. He
further adds, nanoclay and nanocellulose also exhibit growth potential owing to
increase in the number of commercial applications for these materials.”
Eswar Prasad
Nanomaterials Market
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