Nanomaterials Market Size (2024 - 2029)

The nanomaterials market is anticipated to experience significant growth, driven by the expanding use of these materials in healthcare and water treatment applications. Despite challenges posed by high technology costs, the market is poised for expansion due to increased research activities and broader applications. The Asia-Pacific region is expected to be a key driver of market growth during the forecast period.

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Market Size of Nanomaterials Industry

Nanomaterials Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 19.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Nanomaterials Market Major Players

*Disclaimer: Major Players sorted in no particular order

Nanomaterials Market Analysis

The nanomaterials market is expected to register a CAGR of more than 19 % during the forecast period.

Due to the COVID-19 pandemic, various countries worldwide imposed lockdowns in the first nine months of 2020. Thus, various manufacturing plants and production facilities were shut down or halted production. This situation negatively affected the demand for construction, electronics, rubber, and personal care applications. However, increased usage of nanomaterials in healthcare and construction industries helped the market to retain its growth rate in 2021.

  • The growing usage of nanomaterials in the healthcare industry and the increasing usage of nanomaterials in water treatment applications are expected to drive the demand in the nanomaterials market during the forecast period.
  • However, higher technology costs are expected to hinder the market's growth.
  • Increasing research activities and growing applications of nanomaterials is expected to act as market opportunity in the forecast period.
  • The Asia-Pacific is expected to drive the market growth rate during the forecast period.

Nanomaterials Industry Segmentation

Nanomaterials can be defined as materials possessing, at minimum, one external dimension measuring 1-100 nm. Nanomaterials can occur naturally, be created as the by-products of combustion reactions, or be produced purposefully through engineering to perform a specialized function. These materials can have different physical and chemical properties from their bulk-form counterparts.

The nanomaterials market is segmented by product type, structure type, end-user industry, and geography. By product type, the market is segmented into nanoparticles, nanofibers, nanotubes, nanoclays, and nanowires. By structure type, the market is segmented into non-polymer organic nanomaterials and polymeric nanomaterials. On the basis of the end-user industry, the market is segmented into healthcare, electrical and electronics, energy, construction, personal care, and other end-user industries. The report also covers the market size and forecasts for the market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

Product Type
Nanoparticles
Nanometals
Gold
Silver
Platinum
Titanium
Aluminium
Nonmetal Oxides
Alumina
Iron Oxide
Titanium Oxide
Silica
Zinc Oxide
Complex Oxides
Calcium Phosphate
Rare Earth Metal Oxides
Lithium Titanate
Silica Hydride
Nanofibers
Nanotubes
Nanoclays
Nanowires
Structure Type
Non-polymer Organic Nanomaterials
Carbon Black
Carbon Nanotubes
Aptamers
Small Molecule OLED
Activated Carbon
Carbon Nanotubes Composites
Polymeric Nanomaterials
Coatings and Adhesives
Transfection Reagents
Diagnostics Reagents
Drug Delivery Vehicle
Fabric Treatments
Optical Coatings
Nano-porous Filtration Membrane
Di-electric Films
OLED Films
End-user Industry
Construction
Electronics
Energy
Healthcare
Personal Care
Rubber
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Nanomaterials Market Size Summary

The nanomaterials market is poised for significant growth, driven by increasing applications across various industries. The healthcare sector, in particular, is witnessing a surge in the use of nanomaterials, which is expected to propel market demand. Additionally, the growing adoption of nanomaterials in water treatment applications further contributes to this upward trend. Despite the promising growth prospects, the market faces challenges due to the high costs associated with advanced technologies. However, ongoing research and the expanding range of applications present substantial opportunities for market expansion. The Asia-Pacific region is anticipated to be a key driver of market growth, supported by robust construction activities and rising demand for electronics.

In the electronics sector, the demand for nanomaterials is escalating due to advancements in computing and electronics, enabling the development of faster and more compact systems. The region's electronics manufacturing industry, particularly in China, is expected to experience rapid growth, bolstered by the presence of numerous original equipment manufacturers and favorable economic conditions. The Chinese government's supportive policies for medical device innovation and the burgeoning healthcare markets in India and Japan further underscore the region's dominance in the nanomaterials market. The market is characterized by fragmentation, with key players focusing on specific types of nanomaterials and applications, continuously innovating to meet the evolving demands of various industries.

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Nanomaterials Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Usage of Nanomedicines in the Healthcare Industry

      2. 1.1.2 Increasing Usage of Nanomaterials in Water Treatment Applications

    2. 1.2 Restraints

      1. 1.2.1 Higher Costs of Technology

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Product Type

      1. 2.1.1 Nanoparticles

        1. 2.1.1.1 Nanometals

          1. 2.1.1.1.1 Gold

          2. 2.1.1.1.2 Silver

          3. 2.1.1.1.3 Platinum

          4. 2.1.1.1.4 Titanium

          5. 2.1.1.1.5 Aluminium

        2. 2.1.1.2 Nonmetal Oxides

          1. 2.1.1.2.1 Alumina

          2. 2.1.1.2.2 Iron Oxide

          3. 2.1.1.2.3 Titanium Oxide

          4. 2.1.1.2.4 Silica

          5. 2.1.1.2.5 Zinc Oxide

        3. 2.1.1.3 Complex Oxides

          1. 2.1.1.3.1 Calcium Phosphate

          2. 2.1.1.3.2 Rare Earth Metal Oxides

          3. 2.1.1.3.3 Lithium Titanate

          4. 2.1.1.3.4 Silica Hydride

      2. 2.1.2 Nanofibers

      3. 2.1.3 Nanotubes

      4. 2.1.4 Nanoclays

      5. 2.1.5 Nanowires

    2. 2.2 Structure Type

      1. 2.2.1 Non-polymer Organic Nanomaterials

        1. 2.2.1.1 Carbon Black

        2. 2.2.1.2 Carbon Nanotubes

        3. 2.2.1.3 Aptamers

        4. 2.2.1.4 Small Molecule OLED

        5. 2.2.1.5 Activated Carbon

        6. 2.2.1.6 Carbon Nanotubes Composites

      2. 2.2.2 Polymeric Nanomaterials

        1. 2.2.2.1 Coatings and Adhesives

        2. 2.2.2.2 Transfection Reagents

        3. 2.2.2.3 Diagnostics Reagents

        4. 2.2.2.4 Drug Delivery Vehicle

        5. 2.2.2.5 Fabric Treatments

        6. 2.2.2.6 Optical Coatings

        7. 2.2.2.7 Nano-porous Filtration Membrane

        8. 2.2.2.8 Di-electric Films

        9. 2.2.2.9 OLED Films

    3. 2.3 End-user Industry

      1. 2.3.1 Construction

      2. 2.3.2 Electronics

      3. 2.3.3 Energy

      4. 2.3.4 Healthcare

      5. 2.3.5 Personal Care

      6. 2.3.6 Rubber

      7. 2.3.7 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 ASEAN Countries

        6. 2.4.1.6 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 Italy

        4. 2.4.3.4 France

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle-East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle-East and Africa

Nanomaterials Market Size FAQs

The Nanomaterials Market is projected to register a CAGR of greater than 19% during the forecast period (2024-2029)

American Elements, Chengdu Organic Chemicals Co. Ltd (Timesnano), Jiangsu Cnano Technology Co. Ltd , Cabot Corporation and ACS Material are the major companies operating in the Nanomaterials Market.

Nanomaterials Market Report Snapshots

Nanomaterials Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)