Nanotechnology in Energy Market by Material Type (Nanostructured Material, Carbon Nanotubes, Fullerene, Others), Application (Photovoltaic Film Coating, Fuel cells and Batteries, Thermoelectric Materials, Aerogels) and End Use (Electrical, Manufacturing, Renewable & Non-renewable energy and other applications): Global Opportunity Analysis and Industry Forecast, 2021-2030

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The global nanotechnology in energy market is expected to depict increased growth opportunities during the forecast period, owing to rapidly increasing demand for nanotechnology in the electrical industry throughout the forecast period.

Several health concerns associated with nanotechnology-based products are expected to hinder growth of the nanotechnology in energy market in the upcoming years. However, rise in demand for nanotechnology in renewable and non-renewable energy, huge development of nanotechnology, especially in automotive and aerospace manufacturing sector, glorifying electricals and electronics are some of the key factors expected to boost demand for the nanotechnology in energy market during the forecast period. In addition, rapid urbanization growth and increase in government initiatives toward smart infrastructure across the globe are expected to drive the global nanotechnology in energy market during the forecast period.

The COVID-19 pandemic has positively impacted the global nanotechnology in energy market for a short span, owing to increase in use of nanotechnology brought improvement of contact tracing tools, production of effective disinfectants, and delivery of mRNA vaccines antiviral agents into human cells, thereby increasing demand for nanotechnology.

Moreover, companies are increasing spending over research & development and new product innovations to boost growth of the nanotechnology in energy market throughout the forecast period.