Findings from Facts and Factors report “Nanomaterials Market By Type (Aluminum Oxide Nanoparticles, Silicon Dioxide, Antimony Tin Oxide Nanoparticles, Titanium Dioxide Nanoparticles, Bismuth Oxide Nanoparticles, Graphene, Copper Oxide Nanoparticles, Carbon Nanotubes, Fullerene, and Cerium Oxide Nanoparticles), and By Application (Aerospace, Paints & Coatings, Automotive, Electronics, Energy & Power, Medical, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”
Global Nanomaterials market in 2019 was approximately USD 9.5 billion. The market is expected to grow at a CAGR of 12% and is anticipated to reach around USD 20 billion by 2026.
Nanomaterials are the smallest size of materials that are used in nanotechnology. The size of the nanomaterials changes from 1 nm to 100nm.
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The Nanomaterials market is segmented based on type and application. Based on type segmentation, the market is split into aluminum oxide nanoparticles, silicon dioxide, antimony tin oxide nanoparticles, titanium dioxide nanoparticles, bismuth oxide nanoparticles, graphene, copper oxide nanoparticles, carbon nanotubes, fullerene, and cerium oxide nanoparticles. In terms of application segmentation, the market is divided into aerospace, paints & coatings, automotive, electronics, energy & power, medical, and others.
Based on the region nanomaterial market is categorized into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Asia Pacific market is estimated to dominate the market with the largest market share. The growth of the manufacturing and semiconductors industry in the region is propelling the growth of the market. Additionally, ease of restrictions on the chemical industry is also boosting the production and consumption in the region. The demand for advanced electronic and micro-electronic is creating significant requirements from the North America region. The continuous research and development in the region are boosting electronics consumption in the market. Nanoparticles are used to increase the efficiency of solar cells. The focus on the renewable clean energy sector such as solar in the European region is generating a sustainable demand for the nano-materials.
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Major Market Players
Leading players operating in the Nanomaterials market, but not limited to comprise Strem Chemicals, Inc., Nanophase Technologies Corporation, American Elements, Nanostructured & Amorphous Materials, Inc., US Research Nanomaterials, Inc., Hyperion Catalysis International Inc., Nanocomposix, Inc., Quantum Materials Corp., Reade International Corporation, SkySpring Nanomaterials, Inc., Cytodiagnostics, Inc., NanoMaterials Technology Pte Ltd., Nanografi Nano Technology, Nanoshel, and Frontier Carbon Corporation. The market for nanomaterials is quite fragmented. The more number of suppliers in the market may lead to the price war owing to the high buying power of the end-user industry. The leading manufacturers of the nanoparticles market are focusing on the research and development to meet the expectations of the end-user industry.
This report segments the Nanomaterials market as follows:
Global Nanomaterials Market: By Type Segmentation Analysis:
- Aluminum Oxide Nanoparticles
- Silicon Dioxide
- Antimony Tin Oxide Nanoparticles
- Titanium Dioxide Nanoparticles
- Bismuth Oxide Nanoparticles
- Copper Oxide Nanoparticles
- Carbon Nanotubes
- Cerium Oxide Nanoparticles
Global Nanomaterials Market: By Application Segmentation Analysis:
- Paints & Coatings
- Energy & Power
Global Nanomaterials Market: Regional Segmentation Analysis
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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