The global nanofibers market is expected to reach USD 2.89 billion
by 2024, according to a new report by Grand View Research, Inc. Technological
advancements in the field of nanomaterials, coupled with increasing demand for
materials such as carbon, glass, ceramic, and polymeric in various end-use
segments, are expected to drive growth over the forecast period. Surging demand
for nanotechnology-enabled smart textiles, filtration, tissue engineering &
regeneration, wound healing, drug delivery, and biosensors is expected to steer
nanofibers market penetration in the medical sector over the next few
years.
However, stringent guidelines and standards for manufacturing, handling,
and sales of nanomaterials by international agencies such as ISO, NIST, and
Nanomaterials Registry may hamper market growth. The nanofibers industry growth
may further be restrained by regulations pertaining to the toxicity of metal
and carbon-based nanoparticles.
Nanoscale polymer fibers dominated the global demand accounting for
49.2% of total market volume in 2015. Large-scale application of these
materials in high-efficiency air filters coupled with increasing usage in
medical devices and drug delivery systems especially in the mature economies
can be attributed to high penetration.
Full research report on nanofibers market analysis:
http://www.grandviewresearch.com/industry-analysis/nanofibers-market
http://www.grandviewresearch.com/industry-analysis/nanofibers-market
Further key findings from the report suggest:
·
The global nanofibers market demand was
1,008 tons in 2015 and is expected to reach 8,886 tons by 2024, growing at a
CAGR of 27.7% from 2016 to 2024
·
The global composite nanoscale materials accounted
for 12.5% of the total nanofibers market in 2015 and are anticipated to reach a
net worth of USD 373.6 million by 2024. Increasing R&D investments to
develop innovative production technologies and adhere to the stringent
regulatory framework to steer segment growth.
·
Cellulose nanofibers are estimated to
witness the fastest growth over the next eight years. The segment demand in the
U.S. is estimated to grow at a CAGR of 29.6% from 2016 to 2024.
·
Electronics segment is anticipated to
emerge as fastest growing end-use segment and is estimated to reach a net worth
of USD 293.1 million by 2024
·
Asia Pacific is expected to emerge as the
fastest growing regional market on account of significant product demand in
China, Japan, India, and other South-East Asian countries. China nanofibers
demand in the energy sector is anticipated to reach 154.4 tons by 2024 at a
CAGR of 28% from 2016 to 2024.
·
Key industry participants in the market
include Donaldson, Elmarco, DuPont, Revolution Fibres, FibeRio, Ahlstrom, Toray,
Asahi Kasei, Johns Manville, Jiangxi Xian Cai Nanofibers Technology, Johns
Pyrograf Products, eSpin, and MemPro
View more reports
of this category by Grand View Research at: https://www.grandviewresearch.com/industry/nanoparticles
Grand View Research has segmented the nanofibers market on the basis of
product, end-use, and region:
Global Nanofibers
Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)
·
Polymer
·
Carbon
·
Cellulose
·
Composite
·
Metallic
·
Others
Global Nanofibers
End-Use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)
·
Electronics
·
Mechanical, chemical, and environmental
(MCE)
·
Energy
·
Medical, life science, and pharmaceutical
(MLP)
·
Others
Global Nanofibers
Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)
·
North America
o U.S.
o Canada
·
Europe
o Germany
o France
o UK
·
Asia Pacific
o China
o India
o Japan
·
Middle East & Africa
·
Central & South America
View Press Release of this research report by Grand View
Research: https://www.grandviewresearch.com/press-release/global-nanofibers-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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