Global Polymer Nanocomposite Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
MarketResearch.biz delivers in-depth insights on the global Epoxy resin in its upcoming report titled, “Global Polymer Nanocomposite Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global epoxy resin is estimated to register a CAGR of XX.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global polymer nanocomposite market report has been segmented on the basis of type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Nanocomposites are multiphase solid materials having one or more phases with nanoscale dimensions embedded in a polymer matrix are known as polymer nanocomposites (PNC). PNC have excellent electrical properties and higher thermal conductivity.
Increasing adoption of polymer nanocomposites from automotive sector is a major factor driving growth of the global polymer nanocomposites market. In addition, increasing demand for PNC from food & beverages, packaging, and aerospace sector is another factor expected to propel growth of the global market to a significant extent over the forecast period. Moreover, polymer nanocomposites have excellent electrical and thermal properties owing to which their demand from electronics and semiconductor industry has grown, which is another factor fueling growth of the market especially in Asia Pacific region.
High manufacturing cost is a major factor hampering growth polymer nanocomposite market. In addition, environmental concerns related to use of polymers, coupled with high R&D cost are other factors restraining growth of the global market to a significant extent. However, increasing demand for bio-based nanocomposite material from various sectors is expected to create lucrative business opportunities for major manufacturer in the global market over the forecast period.
The North America market accounts for significant share in the global polymer nanocomposite market in terms of revenue. The Europe market accounts for considerable share in terms of revenue in the global market. The Europe polymer nanocomposite market is expected to witness significant growth and is expected to register a CAGR of X.X% over the forecast period, owing to increasing adoption of polymer nanocomposites by packaging and automotive sector. The Asia Pacific polymer nanocomposite market is expected to witness highest growth in terms of revenue in the global market and is projected to register a CAGR of XX.X% over the next 10 years. This growth can be attributed to increasing adoption of polymer nanocomposites from electronics and semiconductor and aerospace industries.
Global polymer nanocomposite market segmentation:
Segmentation on the basis of type:
- Carbon Nanotubes
- Metal Oxide
Segmentation on the basis of application:
- Electronics & Semiconductor
- Aerospace & Defense
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BYK Additives
- Foster Corporation
- 3D System Inc.
- Industrial Nanotech Inc.
- Hybrid Plastics Inc.
- Inframat Corporation
- InMat Inc.
- Nanocor Incorporated
- Crown Plastics Co. Inc.
- AVEKA, Inc.
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