0

Polymer Nanocomposites Market to Reach $11,549 Million, Globally, by 2022

 
2022
Polymer Nanocomposites Market

Report Code : A01194

quote Supportive government regulations for production of polymer nanocomposites specifically for automotive and construction sector would overcome the existing restraints of high processing and R&D cost to a certain extent quote

Shiv Shukla

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

Global Polymer Nanocomposites Market will reach $11,549 million, in terms of revenue and 6,014 kilo tons corresponding volume by 2022, registering revenue growth of 10.9% during 2016 2022, according to new research published by Allied Market Research.North America held one-third share in the world polymer nanocomposites market in 2015, and is expected to maintain its lead during the forecast period.

The dispersion of nanofillers in polymer matrices are known to enhance the physical, mechanical, and barriers properties of the material. These enhanced properties make them more beneficial for use in industrial sectors such as construction, packaging, electrical & electronics among several others. Increasing use of polymer nanocomposites in the automotive as well as packaging industry and the stringent government regulations for automotive emissions in several countries such as the U.S., Germany, India, and China is invariably supporting the growth of global polymer nanocomposites market. On the contrary, high cost of processing is dampening the market growth. The growing consumption of graphene and related materials would drive the future growth of the market.

The nanoclays segment generated three-fifths of overall revenue in 2015, owing to its flame retardant, mechanical & barrier, dispersion properties, and reduced weight. Furthermore, the segment is projected to be the fastest growing, at 11.8% CAGR during 2016-2022. Carbon nanotubes segment follows nanoclays at second place.

Polymer nanocomposites find application in construction, automotive, electrical & electronics, packaging, and biomedical & defence among others. Automotive is the fastest growing application, registering a CAGR of 11.4% during 2016-2022 owing to the lightweight properties and high durability and strength of polymer nanocomposites. The rise of electric vehicles has invariably risen the demand for polymer nanocomposites.

Key Findings of the Polymer Nanocomposites Market

  • North America will grow at a CAGR of 10.9%, in terms of revenue, during 2016-2022 to continue to lead the market, followed by Asia-Pacific.
  • Nanoclays segment occupied about three-fifths share in terms of both volume and revenue, in the polymer nanocomposites market.
  • In 2015, packaging was the highest consumer of polymer nanocomposites worldwide, accounting one-fourth share in the overall market.
  • Nanoclays is expected to be the fastest growing segment in the LAMEA region, registering a CAGR of 16.1%, in terms of volume.
  • LAMEA is the fastest growing region, in terms of revenue, in the world polymer nanocomposite market, growing at a CAGR of 12.5% during 2016-2022.

North America and Europe collectively generated more than half of the total polymer nanocomposites market revenue in 2015; however, Asia Pacific and LAMEA shall collectively churn away about 2% of the revenue by 2022. Stringent government regulations imposed on vehicular emissions and rapid adoption polymer nanocomposites based materials in the packaging sector are the key factors responsible for market growth in these regions. However, LAMEA is projected to be the fastest growing segment during the forecast period.

The prominent players profiled in this report include Nanophase Technologies Corporation (U.S.), The Arkema Group (France), DuPont (U.S.), RTP Company (U.S.), Showa Denko Carbon, Inc. (U.S.), Inframat Corporation (U.S.), Powdermet, Inc. (U.S.), Nanocor, Inc. (U.S.), Nanocyl S.A. (Belgium), and Evonik Industries AG (Germany).

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Polymer Nanocomposites Market by Type (Carbon Nanotubes, Nanoclays, Metal Oxide, Ceramics), Application (Construction, Automotive, Electrical & Electronics, Packaging) - Global Opportunity Analysis and Industry Forecast, 2014-2022 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Mar 2024

Hairbrush Market

Download Sample
rep-img

Published Date Mar 2024

Debt Security Market

Download Sample
rep-img

Published Date Mar 2024

Wood Adhesives Market

Download Sample

Buy Full Version
"Polymer Nanocomposites Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers