Report Highlights
- The global market for nanotechnology should grow from $2.0 billion in 2018 to $2.1 billion by 2023 at a compound annual growth rate (CAGR) of 19.4% for the period of 2018-2023.
- The global energy-related market for nanotechnologies should grow from $5.7 billion in 2018 to $10.0 billion by 2023 at a compound annual growth rate (CAGR) of 12.0% for the period of 2018-2023.
- The global market for advanced ceramic components should grow from $73.3 billion in 2018 to $99.6 billion by 2023 at a compound annual growth rate (CAGR) of 6.3% for the period of 2018-2023.
Nanotechnology with a combination of nanofiber materials is gaining rapid momentum in the global market. Nanofibers are used primarily in various membrane-based technologies. These technologies find their main fields of application in water and wastewater treatment, chemical processing, environmental remediation, oil and energy, food and beverage production, and life science.
Particularly in the plastic industry, the use of nanofibers as reinforcing agents for polymeric compounds is increasing at a very healthy pace, driven by the demand for new materials that are flexible and, at the same time, lightweight and strong. Also, in the life-science sector, there has been growing interest in the development of three-dimensional biocompatible materials that act as supporting structures to promote the growth of new cells and the engineering of tissue.
Geographically, China is one of the biggest markets for nanotechnology and advanced materials and companies are looking forward to expanding their business in China as well as the Asia-Pacific region. For instance, in April 2019, Toray Industries, one of the leading players in nanofiber materials, announced a plan to establish a manufacturing facility for microfiltration, ultrafiltration, nanofiltration, and reverse osmosis membranes in Foshan, China. Toray is already serving the fast-growing Chinese market by providing various types of membranes for water purification, desalination, and wastewater treatment.
This 2019 Nanotechnology and Advanced Materials Research Review includes excerpts from the following reports:
- NAN043E Global Markets and Technologies for Nanofibers.
- NAN044C Nanotechnology in Energy Applications.
- NAN015J Advanced Ceramics and Nanoceramic Powders.
- NAN045C Global Markets and Technologies for Nanofiltration.
- AVM183A Nanotextiles: Opportunities and Global Markets.
- AVM059C Photonic Crystals: Materials, Technologies and Global Markets.
- AVM195A Opacifiers: Oxides and Opaque Polymers, Characteristics, Applications and Markets.
- AVM194A Powder Metallurgy: Asia-Pacific Markets to 2023 .
We hope you find this Research Review valuable, and we look forward to serving our customers nanotechnology and advanced materials market research needs.
BCC Publishing Staff
BCC publishing staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as electronics and semi-conductors, automotive, industrial automation, ICT, petroleum, electrical engineering, business administration, among others.
Report Highlights
- The global market for proton exchange membrane fuel cell (PEMFC) membrane electrode assembly (MEA) components should grow from $766 million in 2017 to $2.6 billion by 2022, at a compound annual growth rate (CAGR) of 27.9% for the period of 2017-2022.
- The global market for nanocomposites should grow from $2.0 billion in 2017 to reach $7.3 billion by 2022, at a CAGR of 29.5% for the period of 2017-2022.
- The global market for nanofiber products should grow from $927 million in 2018 to $4.3 billion by 2023, at a CAGR of 36.2% for the period of 2018-2023.
Report Highlights
- Global consumption of advanced and nanoscale ceramic powders will rise from $9 billion in 2013 to $12.1 billion in 2018, a compound annual growth rate (CAGR) of 6.2% over the next five years.
- Global consumption of nanocomposites is expected to grow in unit terms from nearly 225,060 metric tons in 2014 to reach nearly 584,984 metric tons in 2019, a compound annual growth rate (CAGR) of 21.1% for the period of 2014 to 2019.
- The global market for quantum dots (QDs) was estimated to generate $121.0 million in revenues in 2013. This market is expected to reach about $1.1 billion in 2016 and about $3.1 billion by 2018, at a compound annual growth rate (CAGR) of 90.8% for the five-year period, 2013 to 2018.
Report Highlights
- The global market for picoprojectors was valued at $491.4 million in 2012. Total market value is expected to reach $776.1 million in 2013 and nearly $5 billion by 2018, after increasing at a five-year compound annual growth rate (CAGR) of 44.9%.
- Revenues for the global laser market reached nearly $2.4 billion in 2012 and are expected to reach nearly $2.6 billion in 2013. The market is expected to rise at a compound annual growth rate (CAGR) of 5.8% between 2013 and 2018 and reach $3.4 billion by 2018.
- The global market for optical coherence tomography (OCT) grew from $580.8 million in 2011 to $645.4 million in 2012 and is predicted to increase to nearly $1.1 billion by 2017, at a CAGR of 10.4% from 2012 to 2017.
Report Highlights
THIS NANOTECHNOLOGY RESEARCH REVIEW PROVIDES:
- Overview of the market for nanoparticles in the life sciences on a global basis including descriiption of leading and emerging drug products, major players in nanoparticle drug delivery field and methods of nanoparticle formation.
- Overview of global markets for nanocomposites, nanoparticles, nanoclays and nanotubes including information on types of nanocomposites, their properties and applications.
- Overview of global markets and technologies for carbon nanotubes (CNTs) including information on history of nanotubes, properties of CNTs and applications of CNTs.
Report Highlights
- The global market for nanostructured products used in water treatment was worth an estimated $1.4 billion in 2010 and will grow at a compound annual growth rate (CAGR) of 9.7% during the next 5 years to reach a value of $2.2 billion in 2015.
- The global market for quantum dots (QDs) was worth an estimated $67 million in 2010 and $103 million in 2011. This market is projected to grow at a CAGR of 59.3%, reaching $666 million by 2015, a tenfold increase.
- Global consumption of nanocomposites was an estimated 138,389 metric tons with a value of $920 million in 2011. By 2016, the market should amount to 333,043 metric tons and $2.4 billion, a five year CAGR of 19.2% in unit terms and 20.9% in value terms.
Report Highlights
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The global market for carbon nanotube grades—comprising commodity (MWNTs) and specialty single- walled carbon nanotubes (SWNTs), few-walled carbon nanotubes (FWNTs)—generated an estimated $100 million in revenues in 2009. This market is projected to grow over the next 5 years at a compound annual growth rate (CAGR) of 58.9%, reaching more than $1 billion by 2014. The CNT commodity grade will provide by far the biggest technology push driven especially by polymer composites.
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BCC estimates the global market for nanotechnology products at about $15.7 billion in 2010, growing to approximately $26.7 billion by 2015, a compound annual growth rate (CAGR) of 11.1% from 2010 through 2015. This figure includes well-established commercial nanomaterials applications, such as nanoparticle-based sunscreen products and nanocatalyst thin films for catalytic converters, as well as new technologies, such as nano-thin film solar cells, nanolithographic tools, and nanoscale electronic memory.
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Sales of nanofiber-based products are projected to continue growing at a very healthy rate during the next 5 years, driven by further penetration of nanofibers in the above sectors and by various newer, high-tech applications that are entering mainstream commercialization in other fields such as the consumer and medical/biological/ pharmaceutical sectors. The total market for nanofiber products is forecast to grow at a compound annual growth rate (CAGR) of 34.3% through 2015, and at a 37.2% CAGR from 2015 through 2020, reaching nearly $2.2 billion in total revenues by 2020.
Report Highlights
- An extensive patent analysis.
- An in-depth assessment of the unfolding commercial markets.
- Progress in the synthesis and commercial scale-up of CNTs.
- Extended compilation of the producers and end users dictating market development.
- A 5-year projected market analysis of the emerging CNT industry.
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