Nanocomposites Market Trends & Region and Country Forecast To 2027

The Global Nanocomposites Market is projected to reach market revenue of USD 13.64 billion in 2027. The increasing demand for such materials from the modern packaging industry, automotive industry, and government regulations favoring the usage of such products is expected to drive the market during the forecast period.

Nanocomposites are solid materials that have multiple phases of nanoscale dimensions and are mainly of three types – ceramic, metal, or polymer matrix. They possess properties like flexibility, transparency, high thermal, and electrical conductivity. There is a huge demand for nanocomposites in the food packaging industry mainly because they provide resistance from gases, water, and other hydrocarbons. They are also easily recyclable, making it an appropriate material for usage in the packaging industry. They also provide high tensile strength and thus finds widespread usage in the manufacturing of automobile components. Rapid industrialization around the world has led to an increase in construction activities. The construction sector being one of the main consumers of nanocomposites, is largely contributing to the market’s growth. Apart from these, they also find applicability in the electronics and semiconductor industry due to their high thermal and electrical conductivity. Government regulations supporting the usage of nanocomposites in food packaging are a major driver for the market, especially in Europe.

Key players in the market include Nanocor Inc., Zyvex Technologies, Du Pont De Nemours, Arkema Inc., Powdermet Inc., Nanophase Technologies Corporation, Unidym Inc., Nanocyl S.A., Inframat Corporation.

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Major Points Covered in the Global Nanocomposites Market Report:

Market Coverage: This section of the report provides significant details on key market aspects including the key market segments, product innovation scope, and macro-economic and micro-economic growth indicators. In addition, the report segments the global Nanocomposites market based on product type, technology landscape, and application range.
Executive Summary: Under this section, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed.
Regional Analysis: In this section, the latest report highlights the extensive global presence of the Nanocomposites market. This section offers key insights into the latest trends in the regional markets including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
Competitive Landscape: This section of the report highlights the key players in the global Nanocomposites market. It further emphasizes the leading products and services offered by these companies.
Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product catalogue, production value and capacity, and other vital information.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/nanocomposites-market

Further key findings from the report suggest

Nanoclay product holds a considerable market share because of its demand from the packaging and automotive sector.
The polymer matrix structure is used in multi-walled carbon nanotubes, which is witnessing high demand from end-user industries and thus augmenting the segment’s growth.
The automobile sector is one of the major consumers of nanocomposites primarily due to the usage of nanocomposites in manufacturing of various automobile components.
European nanocomposites market is growing at a steady pace due to the presence of a large number of automobile manufacturers in this region.
There have been a number of new product launches in the market, amongst which Zyvex Nanotube Technology by Zyvex Technologies, RESOMET Composite Polymers.
In March 2017, along with Forward Engineering established a joint venture named VESTARO GmbH in order to develop composite solutions for the production of fiber composite components for automobile industry.
There have been a number of M&A in the industry like acquiring the additive business of Air Products in 2017 and Arkema Inc acquiring Arrmaz in 2019.
For the purpose of this report, Reports and Data have segmented into the global Nanocomposites Market on the basis of Product, Type, Application and region:

Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Carbon Nanotubes
Nanoclay
Metal Oxide
Nanofiber
Graphene
Others
Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Ceramic-matrix
Metal-matrix
Polymer-matrix
Magnetic
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Packaging
Automotive
Aviation
Electronics & Electrical
Military
Construction
Biomedical
Others
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Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

North America
U.S
Europe
U.K
Germany
Asia Pacific
China
India
Japan
MEA
Latin America
Brazil
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