Nanomaterials Market By Regional Statistics & Growth Forecast 2019-2025

1. Nanomaterials Market Growth Outlook with Industry Review and Forecast 2019-2025 © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

2. Global Market Scenario of Nanomaterials Industry • The nanomaterials market is segmented based on applications into electrical & electronics, chemical products, health care, aerospace, pharmaceuticals, and polymer and composites. • Chemical product segment holds major share while pharmaceuticals, and polymer & composites are expected to witness significant growth in coming years. In the cheamical products, aerogels, so-gels, and inorganic oxide materials find major application owing to catalytic and high surface area with high absorption properties. • Based on type of materials, market is divided into metal & metal oxides (silica, zinc oxide, aluminium oxide/hydroxide, iron oxide, titanium dioxide and others), chemicals & polymers (liposomes, nanopharmaceuticals, other chemicals), carbon based, nanoclay, dendrimers, metal based, nanocellulos, and other materials. • Metal and metal oxides account for a major share owing to increasing application in fabrication of sensors, micro circuits and passivation coatings. Carbon based nanomaterials market projected to hold noteworthy share due to thermal & electrical conductivity, optical and high mechanical strength properties. • Aerospace sector is expected to witness significant growth over the forecast period as nanomaterials market creates new business opportunity for automotive as it makes parts stronger, tougher, and long lasting. It is revealed in the study that use of this product increases the fatigue life by 200 to 300%. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

3. Regional Trends:- • North America led by U.S., is potential nanomaterials market with rising product application in major segments in electrical & electronics, chemical products, and pharmaceuticals. U.S. dominate the overall market owing to large application of nanotubes in various fields like energy storage, molecular electronics. • In 2017, the federal budget has allocated funds to National Nanotechnology Institute, a U.S. Government Research & Development initiative which has boosted the nanomaterials market. • Europe market growth is driven by mass production of the nanomaterials that has in turn led to fall in the price. • Asia-Pacific is the most lucrative nanomaterials market for the new entrant’s due to the constant support from government funding’s and increasing demand for speciality materials, rising environmental consciousness. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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5. Competitive Trends: • The nanomaterials market is consolidated with major players being BASF, Ahlstrom, Bayer, Evonik Industries, DuPont, Fuso Chemicals, Southern Clay Products, EMFUTUR Technologies, Altair Nanotechnologies. • The key players to gain major share of nanomaterials market, adopt strategies such as partnerships, mergers & acquisitions, business expansion, and product & application development. In order to gain competitive share and maximize the benefit, BASF is planning to spend more than one quarter of their capital expenditures in lucrative regions having above average growth. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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