Nanofibers Industry Size, Growth, Demand, Opportunities and Forecast By 2029
The nanofibers market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market will stand tall by USD 1,136.0 million by 2029 to grow at a CAGR of 17.5% in the above-mentioned forecast period.
Nanofibers are the fibres that can be generated from different polymers and basically have a diameter range of 50-1000 nm. Generally, they are utilized in various end use industries and especially in textiles and pharmaceuticals. They are highly eco-friendly and are of bio-based nature, which is why they are highly popular and in trend nowadays.
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Some of the major players operating in the nanofibers market report are espino Technologies, asci, TORAY INDUSTRIES, INC., Johns Manville, Grupo Antolin, Pragya am, MDPI, Unbar, Nanofiber Solutions, Electrovacua AG, NANOVAL GmbH & Co. KG, nafen India, Donaldson Company, Inc., DuPont, Applied Science, Inc., Asahi Kasei Corporation and Relationship Science LLC among others.
Global Nanofibers Market Scope and Market Size:
The nanofibers market is segmented on the basis of product type, category, technology, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product type, the nanofibers market is segmented into polymer nanofibers, carbon nanofibers, glass nanofibers, glass nanofibers, composite nanofibers, and others. Others are further segmented into mechanical, chemical, and environment (MCE), medical, life science, and pharmaceutical (MLP), electronics, others.
- On the basis of category, the nanofibers market is segmented into carbon, ceramic, composite, glass, polymeric and others.
- On the basis of technology, the nanofibers market is segmented into magneto spinning, force spinning, rotary jet spinning and others.
- On the basis of application, the nanofibers market is segmented into water and air filtration, automotive and transportation, textiles, medical, electronics, energy storage and others.
- On the basis of end use, the nanofibers market is segmented into mechanical, chemical and environment (MCE), medical, life science and pharmaceutical (MLP), electronics, and others. Others are further segmented into energy and textile.
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Nanofibers Market Country Level Analysis:
The nanofibers market is analysed and market size, volume information is provided by product type, category, technology, application and end use as referenced above.
The countries covered in the nanofibers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the nanofibers market owing to the rising demand for medical, life science, and pharmaceutical applications and presence of well-established manufacturers in the region. Asia-Pacific on the other hand, will continue to however show lucrative growth within the forecast period owing to the growing application and demand from industries, such as automotive, electronics, energy, aerospace, healthcare and defines.
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