Nanoclays Market Thumbnail Image

2022

Nanoclays Market

Nanoclays Market Size, Share, Competitive Landscape and Trend Analysis Report by Product, by Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

MC : Advanced Materials

Select an option
Author's: Arpita Kumari | Eswara Prasad
Publish Date:

Get Sample to Email

Nanoclays Market Research, 2031

The global nanoclays market size was valued at $0.6 billion in 2021, and is projected to reach $2.0 billion by 2031, growing at a CAGR of 13.3% from 2022 to 2031.

Nanoclays are nanoparticles of layered mineral silicates. Nanoclays are classified into various groups, including montmorillonite, bentonite, kaolinite, hectorite, and halloysite. Nanoclays are sprayed directly to dry sandy soil, where they penetrate deep into the soil and coats each sand particle. Nanoclays is used across many applications such as water treatment, food & beverage packaging, automotive, biomedical, paints & coatings, and others. It is used as reinforcing agents in food packaging films and coatings. Nanoclays are one of the most widely used and studied nanoagents that are utilized to prepare nanocomposites for food packaging.

The increasing use of nanoclays to enhance the mechanical properties of thermoplastics, allowing them to be used in engineering applications like vehicle bumpers and gears is driving the nanoclays market. Also, surge in use of nanoclays-based films in packaging sector for antimicrobial activity is further propelling the growth of the nanoclays industry. However, toxic nature of nanoclay is anticipated to hamper the nanoclays market growth. On the contrary, increased demand for nanoclays in the paints and coatings is expected to generate lucrative opportunities for the global nanoclays market.

Nanoclays Market, Nanoclays Industry, Nanoclays Market Size, Nanoclays Market Share, Nanoclays Market Growth, Nanoclays Market Trend, Nanoclays Market Forecast, Nanoclays Market Analysis

The nanoclays market is segmented into product, application, and region. On the basis of product, the market is categorized into montmorillonite, kaolinite, smectite and others. On the basis of application, the market is categorized into water treatment, food & beverage packaging, automotive, biomedical, paints and coatings, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global nanoclays market include American Elements, Attogene Corporation, BASF SE, Dow Chemical Company, Elementis PLC, Evonik Degussa GmbH, Huntsman International LLC, Kowa Company Ltd, Laviosa Corporate, Mineral Technologies, Nanografi Nano Technology, Nanoshel LLC, SABIC, Southern Clay Products Inc, and Sun Chemicals.

Nanoclays Market by Region

Asia-Pacific is projected to register a robust growth during the forecast period. Nanoclays is widely used in Asia-Pacific to improve the mechanical qualities of thermoplastics, allowing them to be used in engineering applications such as car bumpers, gears, and so on. Nanoclays are rapidly being used in automobile components and packaging due to their reinforcing effects, low cost, commercial availability, high stability, and relative simplicity of processing in conjunction with the polymer matrix.  

Nanoclays Market by Product

Kaolinite segment dominated the global nanoclays market in terms of revenue, in 2021. Kaolinite nanoclays used to make paper, but it is employed in ceramics, light bulbs, paint, rubber, adhesives, smoking pipes, white wash in brickwork, absorbents, and soap. Kaolinite nanoclays is widely utilised in the ceramic sector, where its high fusion temperature and white burning properties make it ideal for the production of whiteware, porcelain, and refractories. These are also used in the production of ink. Kaolinite nanoclays aid in adjusting the consistency of printing inks to the correct value, preventing pigment sedimentation, giving proper color dispersion, and achieving the required film thickness.

Nanoclays Market by Application

Food and Beverage Packaging segment dominated the global nanoclays market in 2021. Nanoclays are used as reinforcing agents in food packaging sheets and coatings. In the food business, nanoclays may be used to detect pathogens in packaging, provide stronger tastes and color quality, and increase safety by strengthening barrier qualities. Nanoparticles are used in food packaging to improve mechanical and physical attributes such as durability, strength, flexibility, biodegradability, heat resistance, UV absorptivity, water vapour and oxygen impermeability.

COVID-19 Analysis:

Emergence of COVID-19 outbreak moderately impacted nanoclays market. Initially, significant disruptions in raw material transportation and shutdown of the end-use industries, such as food & beverage and paints and coatings, resulted in decline in demand for nanoclays during the pandemic.

Moreover, COVID-19 pandemic negatively impacted automotive sector, due to factors, including large-scale production interruptions in Europe, disruption in Chinese parts exports, and shutdown of assembly factories in the U.S. Furthermore, in 2020, global motor vehicle production declined by 15.4% from the previous year, due to travel restriction measures. Passenger cars experienced a more considerable decline in production than commercial vehicles, with decreases of 16.9 % and 11.6 %, respectively.

However, nowadays, the demand for nanoclays has increased in the packaging industry as it can provide antimicrobial properties to food packaging. The most common nanoclays materials used in food packaging are montmorillonite (MMT), zinc oxide (ZnO-NPs) coated silicate, kaolinite, silver nanoparticles (Ag-NPs), and titanium dioxide (TiO2NPs). Increasing levels of packaging of food may help COVID-19 patients successfully combat the virus. Moreover, due to the COVID 19 outbreak, the health awareness among the populace has grown and the antimicrobial food packaging sector has grown during the pandemic.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the nanoclays market analysis from 2021 to 2031 to identify the prevailing nanoclays market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the nanoclays market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global nanoclays market trends, key players, market segments, application areas, and market growth strategies.

Nanoclays Market Report Highlights

Aspects Details
icon_5
By Product
  • Montmorillonite
  • Kaolinite
  • Smectite
  • Others
icon_6
By Application
  • Water Treatment
  • Food and Beverage Packaging
  • Automotive
  • Biomedical
  • Paints and Coatings
  • Others
icon_7
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Italy, Spain, UK, Rest Of Europe, Germany, France)
  • Asia-Pacific  (China, India, Japan, South Korea, Australia, Rest Of Asia-Pacific)
  • LAMEA  (Brazil, South Africa,, Saudi Arabia, Rest Of LAMEA)
icon_8
Key Market Players

SUN CHEMICALS, The Dow Chemical Company, Mineral Technologies, AMERICAN ELEMENTS, KOWA COMPANY LTD, NANOGRAFI NANO TECHNOLOGY, SOUTHERN CLAY PRODUCTS INC, ELEMENTIS PLC, NANOSHEL LLC, HUNTSMAN INTERNATIONAL LLC, LAVIOSA CORPORATE, ATTOGENE CORPORATION, BASF SE, SABIC, EVONIK DEGUSSA GMBH

Analyst Review

According to the perspective of the CXOs of leading companies, the nanoclays market is anticipated to grow in near future due to its extensive use in applications such as water treatment, food & beverage packaging, automotive, biomedical, paints & coatings, and others end-use industries.

Moreover, surge in use of nanoclays in packaging sector is expected to drive the market growth during the forecast period. Nanoclays-based films containing essential oils improve the barrier characteristics of nanocomposites synergistically, extending the shelf life of packaged food goods. These exhibit increased antimicrobial effectiveness against foodborne pathogens and prevent lipid oxidation.

However, toxic nature of nanoclay is projected to hinder the market growth. The Asia-Pacific region is projected to register a robust growth during the forecast period.

Author Name(s) : Arpita Kumari | Eswara Prasad
Frequently Asked Questions?

The global nanoclays market was valued at $0.6 billion in 2021, and is projected to reach $2.0 billion by 2031, registering a CAGR of 13.3% from 2022 to 2031.

Asia-Pacific is the largest regional market for Nanoclays.

Food and beverage packaging is the leading application of nanoclays Market.

The increasing use of nanoclays to enhance the mechanical properties of thermoplastics, allowing them to be used in engineering applications like vehicle bumpers and gears is driving the nanoclays market. Also, surge in use of nanoclays-based films in packaging sector for antimicrobial activity is further propelling the growth of the nanoclays market.

The major players operating in the global nanoclays market include American Elements, Attogene Corporation, BASF SE, Dow Chemical Company, Elementis PLC, Evonik Degussa GmbH, Huntsman International LLC, Kowa Company Ltd, Laviosa Corporate, Mineral Technologies, Nanografi Nano Technology, Nanoshel LLC, SABIC, Southern Clay Products Inc, and Sun Chemicals.

Loading Table Of Content...

Individual sections of the reports are available for purchase.
Would you like to see a breakdown of prices by section?

Nanoclays Market

Global Opportunity Analysis and Industry Forecast, 2021-2031