Market Research Reports : Transparency
Market Research published new market report "Nanocomposites (Carbon Nanotubes, Polymer Metal Fiber, Nanofibers,
Graphene, Nanoplatelet and Others) Market for Automotive, Aviation,
Electronics, Energy, Construction, Healthcare, Plastics, Military, Consumer
Goods and Other Applications - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2012 - 2018". According to the report, the demand for
nanocomposites that was over USD 1.91 billion in 2011 is expected to increase
to USD 5.91 billion by 2018, growing at a CAGR of 18.0% from 2012 to 2018.
In terms of
volume, the global market for nanocomposites is expected to grow at a CAGR of
17.5% between 2012 and 2018. Vehicle safety & need for light-weight
materials to improve vehicular performance have been the most important factors
driving the market in the past few years. An increased consumption of
nanocomposites in building & construction and their importance in the field
of electronics and semiconductors have been other factors driving the market of
late. At the same time, higher costs incurred in manufacturing certain
components for high-performance applications could hinder the market in certain
end-user industries.
Nanocomposites
are made up of filler materials and surrounding matrix. The most commonly used
filler materials are nanoclay (such as Laponite and Montmorillonite) that has a
huge demand worldwide. Nanoclay accounted for over 41% of the global market
share by product segment in 2011. This product segment is expected to show a
CAGR of 17.4% between 2012 and 2018. Glass fibers and metal fibers are also in
huge demand and are expected to be major markets in the coming years. Other
nanofibers, platelets, carbon nanotubes and graphene are also expected to show
healthy growth over the forecast period.
Medical &
healthcare, plastics & packaging, military & defense, consumer goods,
environment & water are some of the major end user industry segments where
nanocomposites are used for a variety of applications. The automotive segment
uses nanocomposites in the form of windshields, door paneling, headlight
covers, etc. Nanocomposites are also majorly used in the aviation industry
during the construction of aircraft and for replacement parts. Nanocomposites
are used as bases for circuits, as conducting surfaces and other such high-end
applications in electronics and semiconductors. In the energy segment,
nanocomposites find numerous applications such as in blades of windmills,
turbines and others. Building & construction was the largest market for
nanocomposites in 2011 and accounted for over 15% of the total market share. It
is expected to grow at a CAGR of 16.9% between 2012 and 2018.
North America was
the largest market for nanocomposites in 2011, accounting for approximately 40%
of global demand. Building and construction, electronics & semiconductors
and aviation were the major markets driving sales for nanocomposites in North
America, making it the largest market by volumes. Europe accounted for a large
portion of nanocomposite sales. Asia Pacific and RoW are expected to be strong
future markets for nanocomposites with growing industrialization and
infrastructure. Asia Pacific is expected to show the highest growth in demand
and the market for nanocomposites is forecast to grow at a CAGR of 18.8%
between 2012 and 2018.
Nanocomposites Market: Product
Segment Analysis
- · Carbon nanotube nanocomposites
- · Polymer metal fiber composites
- · Nanofiber nanocomposites
- · Graphene nanocomposites
- · Nanoplatelet (nanoclay and expanded graphite) nanocomposites
- · Other nanocomposites product segment (other fullerene fillers, recycled paper, wood, recycled fibers, etc.)
Nanocomposites Market: End-user
Analysis
·
Automotives
- · Aviation
- · Electronics and semiconductors
- · Energy
- · Building & construction
- · Medical and healthcare
- · Plastics and packaging
- · Military and defense
- · Consumer goods
- · Environment and water
- · Others (other packaging, decorative household items, recycled boards, etc.)
Nanocomposites Market: Regional
Analysis
- · North America
- · Europe
- · Asia Pacific
- · Rest of the World (RoW)
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Sheela
AK
90
Sate Street,
Suite
700
Albany,
NY -12207
Tel:
+1-518-618-1030 USA - Canada Toll Free: 866-552-3453
» Read More...
Posts
