Press release
Nano fibers Market is expected to witness momentous gains during 2020 - 2025
Nano fibers Market
Increasing use of lithium ion battery is accelerating nano fibers market in forecast time. Material has four times more storing capacity that of current lithium ion battery. In the future, material will be used in sulfur batteries to provide higher storing capacity. With increasing usage of batteries to store energy is positively impacting product demand and speeding up nano fibers market worldwide.
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Growth in food industry drives nano fibers market as it is extensively used for food inspection. Consumers spends over 45% of their income on safe and healthy food items. Increasing consumer awareness towards food safety, security will bolster demand for the product.
Researchers has developed advanced version of the material that is flexible enough to be knitted into clothing. It can turn normal motion into electricity that can be used to power cell phones and other electronic devices. Increasing demand for electronic gadgets will positively influence demand in nano fibers market worldwide.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o Donaldson
o Johns Pyrograf
o MemPro
o ESpin
o Revolution fibers
o Elmarco
o Mitsubishi Rayon Co. Ltd.
o Navoval GmbH Co
o Nanotech Labs and FibeRio
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North America nano fibers market will witness substantial growth in forecast period. Scientists in the country uses the component to achieve energy efficient conservation, energy saving air and water purification. Material customized tissues are also used in engineering and drug delivery system. Unique properties of component increases its demand in various industries that include mechanical and medical that drives growth for North American region.
Food industry is one of the Europe's biggest manufacturing sector in terms of jobs and value addition. The region boosts an important trade surplus in food specialties that are well appreciated overseas. European food industry comprises over 300,000 companies engaged in diverse sectors of industry, giving huge opportunities in future and employs over 3 million people. France and Italy are major contributors in European food industry. Growing usage of product in food inspection boosts demand for nano fibers market in this region.
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