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Polymer Nanocomposites Market worth $5,100 Million by 2020

08-18-2017 08:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Marketsandmarkets

Marketsandmarkets

The report " Polymer Nanocomposites Market by Type (Nanoclay, Carbon Nanotube, Graphene, Metal-Oxide, Nanofiber and others), By Applications, and By Region - Global Trends and Forecasts to 2020” , defines and segments the polymer nanocomposites market with an analysis and forecast of the volumes and values of types such as nanoclay, carbon nanotube,metal-oxide, nanofiber and others individually. Along with this, the volume & value of materials by applications such as packaging, electronics, automotive, aerospace and others are also discussed.

Browse more than 82 market data tables and 54 figures spread through 143 pages and in-depth TOC on “Polymer Nanocomposites Market by Type (Carbon nanotube, Metal Oxide, Nanofiber, Nanoclay, Graphene and others), by Application (Packaging, Automotive, Aerospace & Defense, Electronics & Semiconductor, Energy, Coatings and others), and by Region - Trends and Forecasts to 2020".

http://www.marketsandmarkets.com/Market-Reports/polymer-nanocomposites-market-228956069.html

Early buyers will receive 10% customization on reports.

It also identifies the driving and restraining factors for the polymer nanocomposites market with an analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented and the volume & value have been forecasted on the basis of major regions such as North America, Asia-Pacific, Europe, and Rest of the World (RoW).

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=228956069

Increase in demand of polymer nanocomposites from Automotive Industry

The demand of light weight automotive parts has given an edge to polymer nanocomposites due to its high strength and light weight properties. The use of polymer nanocomposites enabled automotive parts reduction in light weight vehicles, improved engine efficiency, reduction in CO2 emissions and superior performance. The automotive industry can benefit from polymer nanocomposites in several applications such as powertrain, suspension and breaking systems, exhaust systems and catalytic converters, lubrication, tires and body parts. The advantage of nanocomposites over conventional composites is that their mechanical, electrical, thermal, barrier and chemical properties such as increased tensile strength, improved heat deflection temperature, flame retardancy etc.

Speak To Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=228956069

Global polymer nanocomposites market to reach above $5,100 million by 2020

The market for polymer nanocomposites in terms of value is expected to reach above $5,100 million by 2020, growing at a significant CAGR from 2014 to 2019. The Asia-Pacific region dominated the polymer nanocomposites market in terms of values in 2013 and it is expected to grow at a higher CAGR, from 2014 to 2020. Large packaging industry and increasing automotive and aerospace industry in Asia-Pacific region helped it to dominate the global market. The electrical & electronics market in Eastern Asian market, driving the polymer nanocomposites application market.

Europe & Asia-Pacific accounted for more than 60% share in the polymer nanocomposites market in terms of value in 2013

Asia-Pacific is the prime consumer of polymer nanocomposites globally followed by Europe. Europe and Asia-Pacific together accounted for more than 60% of the polymer nanocomposites in terms of value in 2013. Asia-Pacific is expected to grow at a highest CAGR and secure its leading market position by 2020, with developing new application areas in electrical & electronics and automotive market. In Europe the use of polymer nanocomposites continues to increase in automotive industries to replace the other conventional composites that reduces the weight of vehicles and increases the mileage.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

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