Product Code: 978-1-68038-539-7
Nanocomposites Market Growth & Trends:
The global nanocomposites market size is expected to reach USD 15.34 billion by 2030, expanding at a CAGR of 8.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for nanocomposites in the automobile industry increased the application of nanocomposites in building and construction, high volume consumption in electronics and semiconductors are some of the major factors that have been driving the market. However, the high cost of materials and technology to manufacture them along with the environmental impact of certain materials used in nanocomposites manufacturing are holding back the market.
Nanocomposites usually comprise of a strengthening layer/layers of various materials such as clay, plastics, glass, carbon nanotubes, graphene, and others. The binder material used is usually a polymeric resin (eg: epoxy) and this binding matrix holds the materials together to impart strength and higher toughness once the composite system has cured.
The nanocomposites market uses materials such as metals and metallic nanoparticles, polymers, nano-sized clay particles, carbon derivatives such as carbon nanotubes and graphene, and other nanoparticles. These materials can be sourced from raw material manufacturers in all the regions globally. Major raw material manufacturers have their manufacturing bases in Europe and North America and usually distribute their materials through local suppliers in various regions around the world.
Nanocomposites Market Report Highlights:
- Metal/metal oxides are expected to register the fastest CAGR of 9.9% over the forecast period. Metal/metal oxides are extensively used in manufacturing electronic parts and semiconductors. Metal oxides exhibit superior electrical conductivity and are being used in the preparation of pseudo capacitive electrochemical supercapacitors. Metal oxides include the use of manganese, titanium, tantalum, and vanadium oxides in the manufacturing of electronic parts owing to high durability and its ability to withstand high temperature.
- Ceramic nanocomposites exhibit improved hardness, strength, durability, and as compared to their counterparts. Ceramic nanocomposites provide superior thermal resistance and are used extensively in aerospace applications. Furthermore, it is used in a variety of applications due to its characteristics including flame retardancy, high shock resistance, and improved magnetic and optical properties.
- Nanocomposites are used in the aviation industry in manufacturing flame retardant panels and high-performance components. In addition, it provides structural strength to the existing panels, which is expected to have a positive impact on market growth. Furthermore, nanocomposites easily blend with plastic and metal and provide added strength to panels.
- Europe is characterized by the growing demand for nanocomposites in automotive and aviation a-applications. Growing demand for these products owing to their lightweight and superior durability is expected to increase demand over the forecast period. Furthermore, these products are being increasingly used in the manufacturing of wind turbines and solar panels. In terms of product, nanoclay is expected to witness the fastest growth as compared to its counterparts.
- Key players in the nanocomposites market include Arkema SA, BASF SE, Cabot Corporation, Cyclics Corporation, DSM, Elementis Specialties Inc., eSPin Technologies Inc., DuPont, Foster Corporation, Powdermet Inc., Inframat Corporation, Zyvex Technologies.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Nanocomposites Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Nanocomposites Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Nanocomposites Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Nanocomposites Market: Product Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. CNT
- 4.3.1. CNT Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Nanoclay
- 4.4.1. Nanoclay Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Metal/Metal Oxides
- 4.5.1. Metal/Metal Oxides Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Ceramics
- 4.6.1. Ceramics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Other Products
- 4.7.1. Other Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Nanocomposites Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Nanocomposites Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Packaging
- 5.3.1. Packaging Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Automotive
- 5.4.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Electronics & Electrical
- 5.5.1. Electronics & Electrical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Aviation
- 5.6.1. Aviation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Energy
- 5.7.1. Energy Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Construction
- 5.8.1. Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Military & Defense
- 5.9.1. Military & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.10. Other Applications
- 5.10.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Nanocomposites Market: Regional Estimates & Trend Analysis
- 6.1. Nanocomposites Market Share, By Region, 2023 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Italy Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Spain Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Argentina Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia Nanocomposites Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. Cabot Corporation
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/Strategic Initiatives
- 7.4.2. eSpin Technologies
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/Strategic Initiatives
- 7.4.3. BASF SE
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/Strategic Initiatives
- 7.4.4. Cyclics Corporation (products)
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/Strategic Initiatives
- 7.4.5. DSM
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/Strategic Initiatives
- 7.4.6. Elementis Specialties Inc.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/Strategic Initiatives
- 7.4.7. Arkema SA
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/Strategic Initiatives
- 7.4.8. DuPont
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/Strategic Initiatives
- 7.4.9. Foster Corporation
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/Strategic Initiatives
- 7.4.10. Powdermet Inc.
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/Strategic Initiatives