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Nanomaterials Market Forecast 2032 - Industry Application, Comprehensive Analysis, Segments And Growth Trends || BASF SE, Bayer AG, Chasm Technologies Ltd., Cnano Technology
Nanomaterials Market
Nanomaterials Market Size, Growth Rate, And Forecast
The global nanomaterials market size grew from $12.68 billion in 2022 to $14.65 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nanomaterials market size is expected to grow to $26.91 billion in 2027 at a CAGR of 16.4%.
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Nanomaterials Market Drivers
The increase in the usage of nanomaterials in the healthcare industry across the globe is contributing to the growth of the nanomaterials market. Nanomaterials are employed in the healthcare industry to target abnormalities in individual cells and even sub-cells and to boost the action of vaccinations and medicines by easily accessing the body. Hence, the demand for nanomaterials is rising with the increase in the application of nanomaterials in healthcare. For instance, according to the Press Trust of India (PTI), an India-based press company report published in 2021, worldwide, there are around 400 major nanotech companies of which, half of the companies are nanomedicine related. In addition, out of the total 30 to 40 major nanotech companies in India, half are related to healthcare. Therefore, the growing presence and usage of nanomaterials in the healthcare industry are expected to fuel the growth of the nanomaterials market over the forthcoming years.
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Nanomaterials Market Segments
• By Material Type: Carbon Based Nanomaterials, Metal And Non-Metal Oxides, Metal Based Nanomaterials, Dendrimers Nanomaterials, Nanoclay, Nanocellulose, Other Materials
• By Structure Type: Non-Polymer Organic Nanomaterials, Polymeric Nanomaterials
• By End User: Paint And Coatings, Packaging, Construction, Electronics And Consumer Goods, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the nanomaterials market.
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Nanomaterials Market Key Players
Major competitors in the nanomaterials market are BASF SE, Bayer AG, Chasm Technologies Ltd., Cnano Technology, DuPont Air Products Nanomaterials LLC, Elmarco Ltd., Finetex ENE, Glonatech SA, Kuraray, Nanocyl SA, NanoViricides Inc., Sumitomo Corporation, Showa Denko, Zyvex Technologies, US Research Nanomaterials Inc.
The Business Research Company's "Global Nanomaterials Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Nanomaterials Market Include:
1. Executive Summary
2. Nanomaterials Market Characteristics
3. Nanomaterials Market Trends And Strategies
4. Nanomaterials Market - Macro Economic Scenario
5. Nanomaterials Market Size And Growth
………………
27. Nanomaterials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nanomaterials Market
29. Nanomaterials Market Future Outlook and Potential Analysis
30. Appendix
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