“Polymer Nanocomposites market will reach $6.05 billion in 2017, according to new visiongain materials report.”
23 August 2017
A new report by visiongain concludes that the world market for the Polymer Nanocomposites will reach $6.05 billion in 2017. This analysis and others appear in Polymer Nanocomposites Market 2017-2027: Forecast By Type (Carbon Nanotube, Ceramics, Metal Oxide, Nanoclay, Others), By Application (Construction, Automotive, Electrical & Electronics, Packaging, Others) & By Region Plus Profiles of Top Companies by visiongain, a leading business intelligence provider based in London, UK.
Polymer nanocomposites are a type of multiphase material. They contain a dispersion of nano-sized filler materials such as nanoclays, nanotubes, and nanofibers within the polymer matrix. This material is an emerging technology and is attracting considerable attention worldwide. Major developments in this area have taken place over the last two decades, with R&D activity still being carried out to further improve the technology. Polymer nanocomposites are used in a range of industries, such as automotive, packaging, electronics and semiconductor, construction, renewable energy, aviation, sports goods, and healthcare.
The global polymer nanocomposites market is expected to witness an increase in demand for carbon nanotube-based polymer nanocomposites. Carbon nanotubes are largely used as filler materials in nanocomposites. The demand for this material is anticipated to be high from industries such as electronics and semiconductor, coatings, and sports goods. The most important driver contributing to the growth of the global polymer nanocomposites market is the increase in demand from the automotive industry. Polymer nanocomposites contribute to the reduction of vehicular weight and emissions, as well as to improvements in engine efficiency. This has led to increased demand from the automotive industry because of the trend for lightweight vehicles.
In 2015, the North America was the leading consumer of polymer nanocomposites and is expected to lead through 2022 as there is high demand for polymer nanocomposites for replacing heavy weight automotive parts from polymer nanocomposite based materials. In addition, they are also helpful in reducing CO2 emissions. Hence, the demand for the polymer nanocomposites is expected to increase through 2027. Europe, Asia-pacific and RoW accounted almost two-third of global market revenue, rest more than one-third by the North America in 2016-2027.
This 173 page report contains 169 tables, charts and graphs that add visual analysis in order to explain developing trends within the polymer nanocomposites. Visiongain provides forecasts for the period 2017 to 2027 in terms of value (US$) for the polymer nanocomposites market. In addition, 10 submarkets are forecasted and analysed by visiongain over the period 2017 to 2027. The report also provides profiles of 10 leading companies operating within the market such as Arkema, Evonik Industries, etc.
Polymer Nanocomposites Market 2017-2027: Forecast By Type (Carbon Nanotube, Ceramics, Metal Oxide, Nanoclay, Others), By Application (Construction, Automotive, Electrical & Electronics, Packaging, Others) & By Region Plus Profiles of Top Companies will be of value to current and future potential investors wanting to better understand the polymer nanocomposites industry and its underlying dynamics, as well as companies and research centres who wish to broaden their knowledge of the polymer nanocomposites market.
For sample pages and further information concerning the visiongain’s report the polymer nanocomposites Market Forecast 2017-2027 please visit https://www.visiongain.com/Sector/133/Packaging
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