Nanomaterials Market by Material Type, Product, End User

List of Tables

[194 Pages Report] The Nanomaterials Market size was estimated at USD 16.14 billion in 2023 and expected to reach USD 17.49 billion in 2024, at a CAGR 8.46% to reach USD 28.51 billion by 2030.

Nanomaterials are a class of extremely small substances with distinctive physical, chemical, and biological properties that differ significantly from bulk materials. Nanomaterials offer significant advancements in enhancing product performance and creating novel applications. Nanomaterials are critical in medicine for targeted drug delivery systems, in electronics for the development of smaller and more efficient devices, and in energy, where they contribute to the efficiency of batteries and solar cells. The increasing demand for nanomaterials in industries such as healthcare, electronics, and renewable energy has positively encouraged the growth of the nanomaterials market worldwide. However, health and safety concerns related to nanomaterial exposure, high manufacturing costs, and mass production complexities limit nanomaterial penetration across diverse end-user industries. Nevertheless, the development of green nanotechnologies to reduce environmental impact and ongoing advancements in nanomedicine for targeted drug delivery and regenerative therapies are expected to drive the nanomaterials market in the coming years.

KEY MARKET STATISTICS
Base Year [2023]	USD 16.14 billion
Estimated Year [2024]	USD 17.49 billion
Forecast Year [2030]	USD 28.51 billion
CAGR (%)	8.46%

Material Type: Rapid adoption of carbon-based nanomaterials across diverse end-use applications

Carbon-based nanomaterials are renowned for their extraordinary strength, electrical conductivity, and thermal properties. Carbon-based nanomaterials are often used in electronics, energy storage devices, and composite materials. Industries focusing on advanced electronics, battery technology, and lightweight yet composite solid materials gravitate towards carbon-based nanomaterials. Dendrimers are highly branched, star-shaped macromolecules with potential applications in drug delivery, medical imaging, and as catalysts. The pharmaceutical industry and medical researchers predominantly utilize dendrimers due to their biocompatibility and potential in targeted therapies. Nanoscale metal and non-metal oxides, such as titanium dioxide, zinc oxide, and silicon dioxide, have diverse applications in catalysis, electronics, and UV filters in sunscreens. The cosmetic industry prefers these materials for sun protection and anti-aging products, while the environmental sector utilizes them for pollution control and water treatment. Metal-based nanomaterials, including gold, silver, and iron nanoparticles, are utilized extensively due to their unique properties, including conductivity, chemical stability, and antimicrobial effects. The healthcare industry relies on metal nanoparticles for medical imaging and antibacterial applications, while the electronics industry incorporates them for conductive inks and other components. Nanocellulose is a sustainable material derived from plant matter with applications in paper production, bioplastics, and reinforcement. The excellent mechanical properties, biodegradability, and abundance of nanocellulose make it a popular choice in sustainable product development.

End User: Emerging application of nanomaterials in electronics and consumer goods

The adhesives and sealants industry increasingly integrates nanomaterials to enhance product properties such as strength, durability, and thermal resistance. The demand for adhesives and sealants is driven by the need for improved mechanical and thermal performance in both industrial and consumer applications. Nanomaterials in electronics and consumer goods are leveraged for their enhanced electrical, thermal, and optical properties. Nanomaterials are vital for developing advanced solar cells, fuel cells, and energy storage systems in the energy sector. Users prioritize efficiency and long-term stability. The energy sector distinctly prioritizes efficacy and the ability to facilitate sustainable power generation and storage solutions. Nanomaterials find extensive applications in healthcare, from targeted drug delivery systems to diagnostic tools and implants. Healthcare and life sciences prioritize safety and targeted functionality over cost and material longevity, differing from sectors such as construction or automotive, where the physical properties are more central to performance. Nanomaterials in the paint and coatings industry provide products with improved scratch resistance, UV protection, and antibacterial properties. Customers often look for coatings that offer functional benefits. Nanomaterials in personal care address the need for improved delivery systems for active ingredients, UV protection, and enhanced product textures.

Regional Insights

The nanomaterials market in the Americas is highly developing due to a robust technological infrastructure, significant funding in research and development, and a strong presence of industry players. Applications in the electronics, pharmaceuticals, and materials engineering sectors drive the demand for nanomaterials. Latest patents often emerge from tech giants and leading universities, focusing on enhancements in electrical properties and medical applications. The European Union (EU) exhibits a keen interest in environmental and health safety regarding adopting nanomaterials, with heavy investment in research to ensure responsible development. The Asia-Pacific's large-scale manufacturing capabilities and extensive government funding in research and development represent a rapidly evolving nanomaterials market. Asia-Pacific is rapidly growing in nanomaterials research, supported by government initiatives and a burgeoning private sector seeking to capitalize on nanoscience applications in healthcare and energy.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Nanomaterials Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Nanomaterials Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Nanomaterials Market, highlighting leading vendors and their innovative profiles. These include Ahlstrom-Munksjo Oyj, Air Products Inc., American Elements, Arkema S.A., BASF SE, Cytodiagnostics Inc., Evonik Industries AG, Hyperion Catalysis International, Inc., Kuraray Co., Ltd., LANXESS AG, Merck KGaA, Nanoco Group PLC, Nanocyl SA, Nanografi Nano Technology, NanoMaterials Technology Pte Ltd., Nanophase Technologies Corporation, Nanoshel LLC, Nanostructured & Amorphous Materials, Inc., NuMat Technologies, ONEX Global Nanotechnologies S.A., Quantum Materials Corp., Reade International Corp., Resonac Holdings Corporation, SkySpring Nanomaterials, Inc., Strem Chemicals, Inc., Sumitomo Corporation, and US Research Nanomaterials, Inc..

Market Segmentation & Coverage

This research report categorizes the Nanomaterials Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material Type
- Carbon Based Nanomaterials
- Dendrimers Nanomaterials
- Metal & Non-Metal Oxides
- Metal Based Nanomaterials
- Nanocellulose

Product
- Nanoclays
- Nanofibers
- Nanoparticles
- Nanotubes
- Nanowires

End User
- Adhesives & Sealants
- Electronics & Consumer Goods
- Energy
- Healthcare & Life Sciences
- Paint & Coatings
- Personal Care

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Nanomaterials Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Nanomaterials Market?

3. What are the technology trends and regulatory frameworks in the Nanomaterials Market?

4. What is the market share of the leading vendors in the Nanomaterials Market?

5. Which modes and strategic moves are suitable for entering the Nanomaterials Market?

Product Code: MRR-434CCDA045C8

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing Usage in Automotive, Aviation Sector and Water Treatment Applications
  - 5.1.1.2. Significant Role of Nanotechnology and Nanomaterials in Electrical & Electronic Industry
  - 5.1.1.3. Growing Support of the Government Institutions and Increased Spending in R&D for Nanomaterials
- 5.1.2. Restraints
  - 5.1.2.1. High Capital Cost Coupled with the Stringent Requirement in the Framework of the Government Regulations
- 5.1.3. Opportunities
  - 5.1.3.1. Growing Usage of Nanomedicines in the Healthcare Industry
  - 5.1.3.2. Growing Advancements and Development of Nanomaterial Technologies by Market Players
- 5.1.4. Challenges
  - 5.1.4.1. Growing Concerns over Human Health and Environment due to the Presence of Toxic Solvents
5.2. Market Segmentation Analysis
- 5.2.1. Material Type: Rapid adoption of carbon-based nanomaterials across diverse end-use applications
- 5.2.2. End User: Emerging application of nanomaterials in electronics and consumer goods
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Nanomaterials Market, by Material Type

6.1. Introduction
6.2. Carbon Based Nanomaterials
6.3. Dendrimers Nanomaterials
6.4. Metal & Non-Metal Oxides
6.5. Metal Based Nanomaterials
6.6. Nanocellulose

7. Nanomaterials Market, by Product

7.1. Introduction
7.2. Nanoclays
7.3. Nanofibers
7.4. Nanoparticles
7.5. Nanotubes
7.6. Nanowires

8. Nanomaterials Market, by End User

8.1. Introduction
8.2. Adhesives & Sealants
8.3. Electronics & Consumer Goods
8.4. Energy
8.5. Healthcare & Life Sciences
8.6. Paint & Coatings
8.7. Personal Care

9. Americas Nanomaterials Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Nanomaterials Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Nanomaterials Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Chemical.AI Partners with NTU Singapore to Advance Automated, AI-powered Platform for Nanomaterials
- 12.3.2. Cancrie Converts Organic Waste into Nanocarbons to be Added in Batteries and Capacitors
- 12.3.3. Coromandel Unveils Nanotechnology Center at Coimbatore

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio