Global Nanofibers Market is Projected to Register a Healthy CAGR of 28.1%

Posted by ojasdbmr on December 2nd, 2019

Global Nanofibers Market is expected to grow at a healthy CAGR 28.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Nanofibers are referred as one-dimensional nanomaterials which have variety of applications in research and commercial field. The material has a unique physicochemical properties and characteristics.   The nanomaterials have cross-sectional diameters ranging from ten to hundreds of nanometers, these nanofibers possess extremely high specific surface area and surface area-to-volume ratio. The various applications of nanofiber are drug delivery, wound healing, tissue engineering, barrier textiles and others. Barrier textiles containing hydrophobic nanofiber layers e.g. polyurethane.

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Competitive Analysis: Global Nanofibers Market

The global nanofibers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nanofibers market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Nanofibers Market

Some of the major players operating in the market are – Argonide Corporation, BioMers, Ahlstrom Corporation, C-Polymers GmbH, Catalytic Materials LLC, Carbon NT&F 21, Catalyx Nanotech, Inc, Donaldson Company, Inc, Clearbridge Nanomedics, Electrovac AG, Esfil Tehno AS, Espin Technologies, Inc, FibeRio Technology Corporation, FutureCarbon GmbH, Finetex Technology, Grupo Antolin, Johns Manville, Kuraray Co Ltd, Mitsubishi Rayon Co Ltd, Met-Pro Corporation, Nanofiber Solutions, and NanoMas Technologies, Inc, RevolutionFibres, FibeRio, Donaldson, Finetex EnE, Sigma Aldrich, Elmarco, and Nanopareil among others.    

Market Segmentation: Global Nanofibers Market

The global nanofibers market is segmented based on, product, end-use industry and geographical segments.

• Based on product, the market is segmented into polymer, carbon, cellulose, composite, metallic and others
• On the basis of end-use industry, the market is classified into electronics, mechanical, chemical & environment (MCE), energy, medical, life science, & pharmaceutical (MLP) and others.
• Based on geography the global nanofibers market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.

Major Market Drivers and Restraints:

• Technological innovation is a significant factor that has steered industry growth
• Increasing importance of nanofibers in commercial applications
• Stringent regulatory policies for nanofibers in few end-use industries

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