Polymer Nanocomposites

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Global Polymer Nanocomposites  Market: Industry Perspective, COVID-19 Impact Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2030


The Global Polymer Nanocomposites Market held USD 8731.3 million in 2020 and is to grow with a CAGR of 10.6% from 2020-2030. A nanocomposite is a substance engineered for improved performance by enhancing functional, structural, or cosmetic properties in multiple specific applications. While multiple composite materials such as reinforced plastics and fiberglass are now commonly used for many applications, the demand for novel composites with customised properties has continued for many other applications. Nowadays, these nanocomposites are widely used in applications markets like automotive, packaging, electronics & semiconductor, aerospace & defence, construction, energy and others.

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Market Dynamics and Factors :

The superior mechanical & physical properties, growing automotive & packaging industries,  and infrastructural growth in emerging economies are key drivers of polymer nanocomposites market growth. The rise in market growth is primarily driven by supporting rules and regulations by government for the use of nanocomposites in food & beverage, packaging industry, rise in nanocomposites demand in various applications and increase in demand to enhance mechanical and physical properties. In addition , increasing demand in developing countries from growing end-use industries such as automotive & transportation, packaging, and food and beverage will also increase the global polymer nanocomposites market size. Increasing demand for vehicle weight reduction to improve fuel efficiency further raises polymer nanocomposites demand over the forecast period. On the other hand, strict government regulations on environmental safety and high costs of nanocomposites are creating a major hindrance to global polymer nanocomposites market growth.

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Market Segmentation:

  • Global Polymer Nanocomposites Market – By Type

    • Carbon Nanotube

    • Metal Oxide

    • Nanofiber

    • Nanoclay

    • Graphene

    • Others

  • Global Polymer Nanocomposites Market  – By Application

    • Packaging

    • Automotive

    • Aerospace & Defense

    • Electronics & Semiconductor

    • Energy

    • Coatings

    • Others

  • Global Polymer Nanocomposites Market  – By Geography

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • France

      • Germany

      • Italy

      • Rest of Europe

    • Asia-Pacific

      • Japan

      • China

      • India

      • Australia

      • Rest of Asia Pacific

    • ROW

      • Latin America

      • Middle East

      • Africa

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Geographic Analysis :

Due to the widespread applications Asia Pacific accounted for the largest polymer nanocomposites market share.. The involvement of emerging economies, including India and China, contributes to the growth of polymer nanocomposites market in the region. The rising demand for electrical and electronics is expected to fuel the polymer nanocomposites market growth over the forecast period in South East Asia in particular, South Korea , Japan and China. Owing to rising demand in the automotive industry the European market accounted for the second largest market share. In addition, due to its superior material and conservation characteristics, the packaging industry is expected to boost the polymer nanocomposite demand in the region. The polymer nanocomposites market in the Middle East is expected to grow substantially over the forecast period. Africa, due to the growing use of polymer nanocomposites in coating industries, is expected to grow at a significant pace. In addition, increasing infrastructure is expected to promote market growth in the region.

Competitive Scenario :

The key players of global polymer nanocomposites market  are Foster Corporation, 3D System, Hybrid Plastics Inc., Grand Rapids, InMat Inc., Nanocor Incorporated, Inframat Corporation, Inc., Crown Plastics Co., Nanotech Industrial, SiM Composites, AVEKA, Inc., Nanolab, Inc., Noble Polymers LLC, NanoMate Fastener, Natural Nano, Inc.  and Industrial Nanotech.

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How will this Market Intelligence Report Benefit You?

  1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

  2. Exclusive insight into the key trends affecting the Global Polymer Nanocomposites  industry, although key threats, opportunities and disruptive technologies that could shape the Global Polymer Nanocomposites  Market supply and demand.

  3. The report tracks the leading market players that will shape and impact the Global Polymer Nanocomposites  Market most.

  4. The data analysis present in the Global Polymer Nanocomposites  Market report is based on the combination of both primary and secondary resources.

  5. The report helps you to understand the real effects of key market drivers or retainers on Global Polymer Nanocomposites  Market business.

The 2021 Annual Global Polymer Nanocomposites  Market offers:

  • 100+ charts exploring and analysing the Global Polymer Nanocomposites  Market from critical angles including retail forecasts, consumer demand, production and more

  • 15+ profiles of top producing states, with highlights of market conditions and retail trends

  • Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

  • Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Polymer Nanocomposites  Market type

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Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

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