Global Nanomaterials Market was valued at USD 15,754.6 million in 2019 which is expected to reach USD 59,012 million by 2027 at a CAGR 22.7%.
Nanomaterials are sized between 1nm to 1000nm, which includes metal based nano-particles, bulk nanostructures materials, one dimensional nanoparticles, two dimensional nanoparticles, and carbon nanotubes which are used in myriad of industries such as paints & coatings, sealants, and adhesives, energy, lifescience and healthcare, personal care, consumer goods and Others.
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Increase in adoption of nanomaterials in aerospace industry for aerospace applications in order to improve durability and strength of aircraft parts is expected to boost the global nanomaterials market growth. Furthermore, continuous developments in healthcare industry, medical diagnostics industry and medicinal imaging applications will have the positive impact on global nanomaterials market growth. Also, increase in research & development activities as well as rise in government spending on pharmaceutical and biotechnology industry which are expected to fuel the global nanomaterials market growth.
However, high cost of technology is the main challenging factor which is expected to hamper the global nanomaterials market growth.
Market Key Players
Various key players are discussed in this report such as Ahlstrom, Air Products and Chemicals Inc., CNano Technologies Ltd, DuPont, Fuso Chemical Co., Ltd, Nanoco, Southern Clay Products, Inc, Nanosys Inc., and Daiken Chemicals.
• Metal Based Nano Materials
• Carbon Based Nano Materials
• Metal & Non Metal Oxides
• Dendrimers Nanomaterials
By End User
• Paint & Coatings
• Adhesives & Sealants
• Healthcare & Life Science
• Electronics & Consumer goods
• Personal Care
• North America
• Latin America
• Asia Pacific
• Middle East & Africa
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