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Polymer Nanocomposites Market Key players are Nanophase Technologies Corporation, The Arkema Group, DuPont, RTP Company, Showa Denko Carbon Inc., Inframat Corporation, Powdermet Inc., Nanocor Inc., Nanocyl S.A.,

04-01-2019 03:56 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Polymer Nanocomposites Market Key players are Nanophase

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, according to new research published by Allied Market Research. North America held one-third share in the world polymer nanocomposites market in 2015 and is expected to maintain its lead during the forecast period.

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The dispersion of nanofillers in polymer matrices is 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, the high cost of processing is dampening market growth. The growing consumption of graphene and related materials would drive the future growth of the market.

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 in second place.

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Polymer nanocomposites find application in construction, automotive, electrical & electronics, packaging, and biomedical & defense 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.

Key Findings of the Polymer Nanocomposites Market:

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 world 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, the 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 of 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.

The prominent players profiled in this report include Nanophase Technologies Corporation (U.S.), The Arkema Group (France), DuPont (U.S.), RTP Company (U.S.), Showa Denko Carbon, Inc. (U.S.), Inframat Corporation (U.S.), Powdermet, Inc. (U.S.), Nanocor, Inc. (U.S.), Nanocyl S.A. (Belgium), and Evonik Industries AG (Germany).

3. MARKET OVERVIEW

3.1 Market Definition And Scope

3.2 Key Findings
3.2.1 Top Investment Pockets
3.2.2 Top Winning Strategies

3.3 Patent Analysis
3.3.1 Patent Analysis by Year
3.3.2 Patent Analysis by Region
3.3.3 Patent Analysis by Company

3.4 Porters Five Forces Analysis
3.4.1 Bargaining Power Of Suppliers
3.4.2 Bargaining Power Of Buyers
3.4.3 Threat Of Substitutes
3.4.4 Threat Of New Entrants
3.4.5 Intensity Of Competitive Rivalry

3.5 Market Dynamics
3.5.1 Drivers
3.5.1.1 Increasing Use of Polymer Nanocomposites in the Automotive Sector
3.5.1.2 Growing Demand for Polymer nanocomposites from other sectors
3.5.1.3 Enhanced physical and mechanical properties
3.5.1.4 stringent government regulations for Automotive Emissions

3.5.2 Restraints
3.5.2.1 High Cost of Processing and Research & Development
3.5.2.2 Environmental and Food Safety Issues

3.5.3 Opportunities
3.5.3.1 Increasing Adoption of Bio-Based Materials
3.5.3.2 Increase in Consumption of Graphene and Related Products

About Us:-

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:-

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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