Report : Nanofiber Market to 2025 - Global Analysis and Forecasts by Raw Material (Carbon Nanofiber, Ceramic Nanofiber, Composite Nanofiber, Glass Nanofiber and Others); and Application (Electronics, Energy, Lifescience & Pharmaceutical, Chemical & Environmental and Others)
Unique physiochemical and mechanical properties of nanofibers to drive their demands and needs for high commercialization.
The "Nanofiber Market to 2025- by Material (Metal, Wood, Concrete, Ceramic, and Glass); Application (Residential, Commercial, and Industrial) - Global Analysis and Forecast". The scope of study involves understanding on the factors responsible for this growth of nanofiber market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant nanofiber players in the market and their key developments.
Nanofiber Market to 2025 - Global Analysis and Forecast by Material and Application. In terms of revenue, the global nanofiber market is expected to grow to US$ 7,238.3 million by 2025 from US$ 1,263.6 million in 2017, growing at a CAGR of 25.0%. Nanofibers have garnered huge attraction from the researchers for exploration of applications of nanofibers owing to their distinguished physiochemical and mechanical properties. Some of the properties of nanofibers that influence them to be used in the industries for air filtration applications include high surface area, and high surface area-to-volume ratio, high porosity, high mechanical strength, and appreciable functionalization flexibility. The functionalization flexibility is achieved post the addition of any additives to the nanofibers and is used as per the application requirement. Further, lighter weights of nanofibers, and higher strengths make them ideal products to replace steel in the manufacture of automotive components.
Automakers today, have shown high interests towards the nanofibers as they result in the overall weight reduction of the vehicle. Further, the surface zone to the volume ratio of nanofibers is approximately 1000 folds higher as compared to microfibers making them highly proficient products for industrial filtration applications. Little pore sizes, and good hydrophobicity ensure good particulate matter filtration and contaminant separation from air and water. The significant impact of nanofiber technology is observed with the fact that a broad range of fundamental materials can be used for its synthesis. Nanofibers are manufactured from an assortment of natural as well as synthetic polymers, carbon based materials, composite materials, and semiconducting materials. Further, the synthetic polymers include polyvinyl alcohol, polyamides, polyurethanes, polystyrene, chitosan, and co-polymers. The flexibility of fundamental materials to be used in the nanofiber synthesis, and the distinguished characteristics of these fibers together propel the demand growth of nanofibers in a broad range of industry applications.
The North America region comprises of developed economies including the U.S. and Canada as well as Mexico as a developing nation. The region is highly developed and has the leverage of banking on advanced technologies to support different industry sectors. The nanofiber based air filters have been in the market for decades. These nanofibers are effective for stopping any particle smaller than 0.3 micrometer with a very less impact on the pressure drop. Also, they are capable of absorbing volatile organic compounds, allergens, microorganisms, as well as other pollutants. With consistent rise in the air pollutants coupled with increasing industrialization North America, the demands for nanofiber for air filtration systems is set to rise dramatically.
The report segments the global nanofiber market as follows:
Global Nanofiber Market - By Material
Global Nanofiber Market - By Application
Global Nanofiber Market - By Geography
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