Global Nanocomposites Market 2017-2021

This market research study identifies 3M, Arkema, BASF, Cabot, and Evonik Industries as the leading players in the global nanocomposites market. A comprehensive analysis of this market is also presented by application (packaging and plastics, aerospace, automotive, electronics, construction, and others), by product (ceramic, metal, CNT and graphene, polymer and clay, and fiber), and by geography (the Americas, APAC, Europe, and MEA).

Overview of the global nanocomposites market

Research analysis on the global nanocomposites market identifies that the growth of the automotive industry will be one of the major factors that will have a positive impact on the market's growth. The adoption of nanocomposites is increasing in the automotive industry because of their superior mechanical properties and light weight. Consumers across the world are looking for high-performance and advanced automotive products. This will encourage automotive use nanomaterials with superior chemical properties to design and manufacture car interiors and exteriors. The application of nanocomposite materials in the body panels of automobiles increases the tensile strength and reduces the weight of automobiles. Such advantages will increase the adoption of nanocomposites in the automotive industry, fueling market growth. Technavio's market research analysts predict that this market will grow at a CAGR of close to 24% by 2021.

The Americas is witnessing an increase in the usage of nanocomposites in the automotive, electronics, and construction segments. Nanocomposites are highly used in the automotive segment because they enhance the strength and safety features. They are also used as fillers in composites such as nanoclay in the construction segment. The demand these nanoparticles will continue to increase in the region throughout the projected period owing to their properties including high strength, corrosion resistance, and wear resistance to structures.

Competitive landscape and key vendors

The nanocomposites market is concentrated and is characterized by the presence of few vendors. The number of vendors in the market is increasing due to the high growth potential of the nanocomposites market and the rise in number of high-performance nanocomposite applications. The vendors are also developing innovative products as they have better technical and financial resources. The emergence of new technologies can be a major threat to the products developed by the vendors in this nanoparticles market.

Key vendors in this market are -

• 3M
• Arkema
• BASF
• Cabot
• Evonik Industries

Other prominent vendors in the market include Cyclics, DuPont, Elementis Specialties, eSPin Technologies, Foster, Inframat, InMat, Melodea, Nanocor, NYACOL, Powdermet, ALTANA, Unidym, Unitika, and Zyvex Technologies.

Segmentation by application and analysis of the nanocomposites market

• Packaging and plastic
• Aerospace
• Automotive
• Electronics
• Construction

The construction segment is experiencing an increasing demand for nanocomposites and it is highly preferred by architects and builders around the globe. Nanoparticles and nanocomposites enhance the chemical and mechanical properties of composite materials. Additionally, they also repel moisture, dust, and bacteria and provide thermal insulation and ultraviolet (UV) protection.

Segmentation by product and analysis of the nanocomposites market

• Ceramic
• Metal
• CNT and graphene
• Polymer and clay
• Fiber

The application of polymer and clay nanocomposites depends on the interphase forces between them. Situ polymerization, solution dispersion, and in situ interactive polymerization are the three methods involved in the preparation of polymer and clay nanocomposites. The automotive, aerospace, and packaging industries extensively use polymer and clay nanocomposites because they provide stiffness and thermal and mechanical resistance.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global nanocomposites market?
• What are the key market trends impacting the growth of the global nanocomposites market?
• What are the challenges to market growth?
• Who are the key vendors in the global nanocomposites market?
• What are the market opportunities and threats faced by the vendors in the global nanocomposites market?
• What are the trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
• What are the key outcomes of the five forces analysis of the global nanocomposites market?

Technavio also offers customization on reports based on specific client requirement.

A nanocomposite is a matrix of a solid material where one of the phases have multiple layers of nanoparticles and can improve the property of that particular material. They have application in various industry most notable being in producing structural components with high strength-to-weight ratio. Being a critical component in Technavio's chemicals and materials industry, the upcoming research on the global nanocomposites market looks at the recent trends and development in textile, fiber, and composites sector. Apart from this report, Technavio archives vast collection of research report from the chemicals industry by compiling information and insights by taking into account the total market size, recent trends and developments, key growth drivers, and complete competitive landscaping.

To develop an in-depth understanding of the market, research analysts at Technavio involves in exhaustive qualitative and quantitative research techniques by gathering data from suppliers, manufacturers, distributor, and other key stakeholders. Vendor analysis, and market share and market size assessment are some of the qualitative analysis tools used to gain macro-level insights on industry trends which can help the clients best position themselves in this competitive market.

This upcoming market research report on the global nanocomposites market also covers both major and niche vendors like 3M, DSM, DuPont, Evonik, Inframat, BASF, Cabot, Elementis, Nanocor, Nanophase Technologies, Showa Denko, eSpin Technologies, Zyvex Technologies, Cyclics Corporation, Foster Corporation, Powdermet Inc, and Arkema. This upcoming market research report on the global nanocomposites market also analyzes the market and its growth potential for each geographic segment such as North America, Europe, ROW, and APAC. Our analysts suggest that the demand for nanocomposites could be driven by the need for high toughness and high tensile strength lightweight materials from the textile industry.

The upcoming research report on the global nanocomposites market also includes industry outlook and size estimation, major growth drivers, emerging trends, key vendors, competitive landscape, and opportunities and challenges faced by the industry. The report also covers related sectors from chemicals and materials industry such as plastics, polymers, and elastomers, bio-chemicals and bio-materials, and specialty chemicals.

Our market research methodology for the global nanocomposites market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.