Chemical

According to a market report by Lucintel, the future of the polymer nanocomposite market looks promising with opportunities in the packaging, automotive, aerospace & defense, electronics & semiconductor, energy, and coatings industries. The global polymer nanocomposite market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 11% from 2020 to 2025. The major drivers for this market are increasing use of nanocomposite in packaging industry and growth in automotive production.

In this market, carbon nanotube, metal oxide, nanofiber, nanoclay, and graphene are the major types of nanocomposites used in a wide range of industries. Lucintel forecasts that carbon nanotube will remain the largest segment due to increasing demand from various end use industries

Within the polymer nanocomposite market, automotive will remain the largest end use industry during the forecast period due to its usage in manufacturing of automotive parts such as power train, suspension and braking systems, exhaust systems and catalytic converters, and body parts

Asia Pacific will remain the largest region the forecast period due to widespread use of polymer nanocomposite in various end use industries such as packaging, automotive, electronics & semiconductor, aerospace, defense, and coatings

Arkema Group, Evonik Industries AG, Nanocyl SA, Nanophase Technologies Corporation, RTP Company, Nanophase Technologies Corporation, Inframat Corporation, BYK Additives, 3D Systems, Foster Corporation, Industrial Nanotech, Hybrid Plastics Inc., and Showa Denko KK.are among the major polymer nanocomposite manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global polymer nanocomposite market by product type,  end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Polymer nanocomposite Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global polymer nanocomposite market by product type,  end use industry, and region as follows:

By Product Type [$M shipment analysis for 2014 – 2025]:

• 
  Carbon nanotube


• 
  Metal Oxide


• 
  Nanofiber


• 
  Nanoclay


• 
  Graphene


• 
  Others

By End Use Industry [$M shipment analysis for 2014 – 2025]:

• 
  Packaging


• 
  Automotive


• 
  Aerospace & Defense


• 
  Electronics & Semiconductor


• 
  Energy


• 
  Coatings


• 
  Others

By Region [$M shipment analysis for 2014 – 2025]:

• 
  North America
  
  
  
  • 
    United States
  
  
  • 
    Canada
  
  
  • 
    Mexico
  
  
  
  


• 
  Europe
  
  
  
  • 
    Germany
  
  
  • 
    United Kingdom
  
  
  • 
    France
  
  
  • 
    Italy
  
  
  
  


• 
  Asia Pacific
  
  
  
  • 
    China
  
  
  • 
    Japan
  
  
  • 
    India
  
  
  • 
    South Korea
  
  
  
  


• 
  The Rest of the World

 

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.