The global polymer nanocomposites market will reach $11,549 million, in terms of revenue and 6,014 kilo tons corresponding volume by 2022, registering revenue growth of 10.9% during 2016 - 2022. North America held one - third share in the global polymer nanocomposites market in 2015, and is expected to maintain its lead during the forecast period.
The dispersion of nanofillers in polymer matrices are known to enhance the physical, mechanical, and barriers properties of the material. These enhanced properties make them more beneficial for use in industrial sectors such as construction, packaging, electrical & electronics among several others. Increasing use of polymer nanocomposites in the automotive as well as packaging industry and the stringent government regulations for automotive emissions in several countries such as the U.S., Germany, India, and China is invariably supporting the growth of global polymer nanocomposites market. On the contrary, high cost of processing is dampening the market growth. The growing consumption of graphene and related materials would drive the future growth of the market.
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The nanoclays segment generated three-fifths of overall revenue in 2015, owing to its flame retardant, mechanical & barrier, dispersion properties, and reduced weight. Furthermore, the segment is projected to be the fastest growing, at 11.8% CAGR during 2016-2022. Carbon nanotubes segment follows nanoclays at second place.
Polymer nanocomposites find application in construction, automotive, electrical & electronics, packaging, and biomedical & defence among others. Automotive is the fastest growing application, registering a CAGR of 11.4% during 2016-2022 owing to the lightweight properties and high durability and strength of polymer nanocomposites. The rise of electric vehicles has invariably risen the demand for polymer nanocomposites.
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Key findings of the study
- North America will grow at a CAGR of 10.9%, in terms of revenue, during 2016-2022 to continue to lead the market, followed by Asia-Pacific.
- Nanoclays segment occupied about three-fifths share in terms of both volume and revenue, in the polymer nanocomposites market.
- In 2015, packaging was the highest consumer of polymer nanocomposites worldwide, accounting one-fourth share in the overall market.
- Nanoclays is expected to be the fastest growing segment in the LAMEA region, registering a CAGR of 16.1%, in terms of volume.
- LAMEA is the fastest growing region, in terms of revenue, in the global polymer nanocomposite market, growing at a CAGR of 12.5% during 2016-2022.
North America and Europe collectively generated more than half of the total polymer nanocomposites market revenue in 2015; however, Asia Pacific and LAMEA shall collectively churn away about 2% of the revenue by 2022. Stringent government regulations imposed on vehicular emissions and rapid adoption polymer nanocomposites based materials in the packaging sector are the key factors responsible for market growth in these regions. However, LAMEA is projected to be the fastest growing segment during the forecast period.
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Leading Market Players:
- Nanophase Technologies Corporation
- The Arkema Group
- DuPont
- RTP Company
- Showa Denko Carbon, Inc
- Inframat Corporation
- Powdermet Inc
- Nanocor, Inc
- Nanocyl S.A
- Evonik Industries AG
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Market Size – USD 4.64 Billion in 2019, Market Growth - CAGR of 16.3%, Market Trends -Growing demand in the automobile industry.The Global Polymer Nanocomposites Market Research Report by Reports and Data provides an in-depth and extensive analysis of the overall market structure along with projected forecasts to 2027.
The Polymer Nanocomposites market report provides the readers deep insights and statistical details about the industry in terms of demand and supply, cost structure, threats and challenges, product type, key market players, technological advancements, regions, and applications.This is the most recent report, covering the current economic situation after the COVID-19 outbreak.
Current scenario of the ever-evolving business sector and present and future assessment of the effects are covered in this report.To Get Sample Copy of Report visit: https://www.reportsanddata.com/sample-enquiry-form/3245The researchers and analysts have generated and collected useful information through extensive research methodologies and tools that deliver the latest Polymer Nanocomposites market patterns and industry trends.
This report identifies the rapidly-evolving and competitive landscape of the industry as well.It also analyzes the most recent developments while estimating the growth of the key market players like Arkema, RTP Company, Nanocyl SA, Unitika, Evonik, Minerals Technologies, Hybrid Plastics, Nylon Corporation of America, Ad-Nano Technologies, and 3M, among others.For the purpose of this report, Reports and Data have segmented into the global Polymer Nanocomposites market on the basis of polymer, nanomaterial, application, and region:Polymer Outlook (Revenue, USD Billion; 2017-2027)Epoxy ResinPolyamidePolyethylenePolypropyleneOthersNanomaterial Outlook (Revenue, USD Billion; 2017-2027)Carbon NanotubesMetal OxideNanofiberNano clayGrapheneOthersApplication Outlook (Revenue, USD Billion; 2017-2027)Automotive & AerospaceElectrical & ElectronicsPackagingBiomedicalPaints & CoatingsOthersRegional Analysis:North AmericaEurope Asia-PacificLatin AmericaMiddle East and AfricaMarket Segments: The global Polymer Nanocomposites market is bifurcated based on the types of product, application, and region.
This helps the readers identify the high-growth prospects of the global Polymer Nanocomposites market and understand how the leading segments would grow during the forecast period.To buy this report at unbelievable discounts, visit @ https://www.reportsanddata.com/report-detail/polymer-nanocomposites-marketWhat is the regional structure of the market?
The Polymer Nanocomposites market report analyzes the footprint of every product and its significance and examines each geographical segment of the market with import, export, consumption, and production in these regions to deliver in-depth insights of the Polymer Nanocomposites marketBasic information about market share held by the different regions has been given in the report.
Polymer Nanocomposites market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Polymer Nanocomposites market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Polymer Nanocomposites market is segmented into:Carbon NanotubesMetal OxideNanofiberNanoclayGrapheneOthersDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/61091/global-japan-polymer-nanocomposites-2026-196Segment by Application, the Polymer Nanocomposites market is segmented into:PackagingAutomotiveElectronics & SemiconductorAerospace & DefenseCoatingsEnergyOthersRegional and Country-level Analysis:The Polymer Nanocomposites market is analysed and market size information is provided by regions (countries).The key regions covered in the Polymer Nanocomposites market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Polymer Nanocomposites Market Share Analysis:Polymer Nanocomposites market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
