Nanofibers for Medical and Cosmetics Market - Forecast(2021 - 2026)

Report Code: CMR 1380 Report Format: PDF + Excel (Delivery in 48 Hrs)

Nanofibers for Medical and Cosmetics Market Overview

The Nanofibers for Medical and Cosmetics Market size is forecast to reach $4.2 billion by 2026, after growing at a CAGR of 15.7% during 2021-2026. The Nanofibers for Medical and Cosmetics Market is anticipated to rise due demand from end use segments like cosmetic, medical, optical devices, combined with ideal properties like interaction with environment, high liquid absorption capacities, high oxygen, and water vapor permeability. Nanofibers are used as therapeutics, facial masks, skin care, and renewal products, thus the demand of nanofibers can be increases from cosmetic industry in upcoming years. Polycaprolactone is widely used in cosmetic industry because it helps to reduce the risk of infection and incompatibility. Nanofibers are also used as artificial skin mats with their mechanical and thermal strength. Furthermore, nanofibers are used in tissue engineering, compact organs, prostheses, medical devices (like polylactic acid), artificial blood vessels, electrospinning technology which is used in mass production of products and drug delivery, which increasing demand from medical industry of nanofibers.

Impact of COVID-19

The COVID-19 is impacting overall economy across the world. This pandemic is affecting the supply chain and production of products day by day. COVID-19 creates a massive change in global market and increasing panic to manufacturing of products. All over online selling of cosmetics and medicines were held during this pandemic which is hindering the market of nanofiber for medical and cosmetics market.

Report Coverage

The report: “Nanofibers for Medical and Cosmetics Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Nanofibers for Medical and Cosmetics Industry.

By Product: Polylactic Acid (PLA), Polyurethane (PU), Polyglycolide (PGA), Polycaprolactone (PCL), Silicon Rubber, Nylon, Polyester (PE), and others.
By Technique: Extrusion, Melt Blowing, Drawing, and others.
By Application: Skin Care Products (Skin Cleanser, Facial Creams, Lotion, Face Mask, Bronzer, Sunscreen Creams, Anti-Aging Creams, others), Hair Products (Anti-Hair loss, Anti-Hair graying, Hair Coloring Products, others), Tissue Engineering, Wound Dressing, Drug Delivery, Artificial Organs, Vascular Grafts, Prosthetic implant, Cancer Diagnosis, Electro spinning Technology, and others.
By Geography: North America (U.S., Canada, and Mexico), Europe (U.K., Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, ANZ, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).

Key Takeaways

  • North America dominates the nanofibers for medical and cosmetics market owing to increasing concerns about environment and health with improvement of life style.
  • Increasing demand for nanofibers as scaffolds to create extracellular matrix for bone replacement, tissue engineering applications in the medical sector is further fueling the demand for nanofibers.
  • With its moisturizing effect and low viscosity oil in water emulsion, polycaprolactone, polylactic acid, polyurethane and other nanofibers are used in emulsion based wet wipes for baby care and make up removal, which create the demand of nanofibers in cosmetics.

Nanofibers for Medical and Cosmetics Market Segment Analysis – By Product

Polyurethane is expected to lead the nanofibers for medical and cosmetics industry by product segment in 2020, due to widely used in wound dressings because of its oxygen permeability and good barrier properties. For the rest, polylactic acid nanofiber has excellent mechanical property, tensile strength, durability, which makes very useful for drug delivery and cosmetic surgeries. Polyurethane nanofibres are widely used in tissue engineering of elastic tissues such as tendon, vascular grafts, esophagus prosthesis, and ligament. Furthermore, polycaprolactone also used in medical applications like drug delivery, an adhesion barrier, root canal. Polycaprolactone has been approved by Food and Drug Administration (FDA) to use in human body as surgical suture, is a medical device used to hold body tissue together after surgery. Hence, nanofibers have enormous applications in medical sciences including artificial organs, medical prostheses and wound dressing, which augmenting the demand of polyurethane, polylactic acid, polycaprolactone nanofibers in medical and cosmetics market.

Nanofibers for Medical and Cosmetics Market Segment Analysis – By Technique

Melt blowing is expected to lead the nanofibers for medical and cosmetics market by technique segment in 2020, because melt blowing technique provides nonofibers as much viscosity as is required for microfiber formation. This process can be applied at high voltage, which helps to process small diameters nanofibers. Melt blowing technique permits the production of nanofibers with diameters in the size range 5–10 ?m. Melt blowing is a conventional fabrication method of micro- and nanofibers where a polymer melt is extruded through small nozzles surrounded by high speed blowing gas. 

Nanofibers for Medical and Cosmetics Market Segment Analysis – By Application

Skin care products segment dominated the nanofibers for medical and cosmetics market in 2020 and are growing at a CAGR of 5.2% during the forecast period, due to widely used in sunscreen creams, anti-aging creams, hair products (anti-hairloss and anti-hairgraying) facial masks, and toothpastes. Nanofibers helps to reduce the wrinkling of the skin, improve brightening, provide anti-bacterial, anti-inflammatory, skin healing, and a cleansing effect while slowing down the collagen depletion and elastin breakdown. Nanofibers have been mainly targeted to release compounds for therapy and cleansing. Cosmetic facial masks also contain brightening agents, vitamins, minerals, protein and herbal ingredients. Apart from this, nanofibers have been used in a wide range of medical application like tissue engineering, prosthetics, dental implant, bone replacements, cartilages, heart valves vascular grafts and also electrospinning technology. Hence, these all applications of nanofibers will be propel the demand of nanofibers for medical and cosmetics industry.

Nanofibers for Medical and Cosmetics Market Segment Analysis – By Geography

North America dominated the nanofibers for medical and cosmetics market in 2020 with share of 42%, due to rise in consumer disposable income along with improved living standards. Thus, According Narcissistic Personality Disorder (NPD) in US market, skincare sales increased 5 % to $1.4 billion in the first quarter of 2019. Skincare was the leading category, accounting for about 39 % and hair care about 21% of the global market. Although ecommerce penetration has only increased slightly in recent years, the beauty and personal care online share is predicted to surge to 48% in the United States by 2023. Hence, increasing consumer awareness and demand for natural cosmetic products will be surge the demand of nanofiber for medical and cosmetics market. Moreover, increasing R&D investments by manufacturers in natural ingredient which is paraben-free ingredients and biotechnology have been the key factors responsible for driving the market for cosmetics.

Figure: North America Nanofibers for Medical and Cosmetics Market Revenue, 2021-2026 (US$ Billion)

 

Nanofibers for Medical and Cosmetics Market Drivers

Increasing Demand from Medical Industry

Inorganic nanofibers and carbon nanofibers are increasingly being used in biomedical applications including wound healing, tissue engineering & regeneration, biosensors and drug delivery. Polycaprolactone have been widely employed for various biomedical applications because of its biodegradability, biocompatibility and excellent mechanical properties. Polyurethane is a most widely used product for medical appliance like medical diagnosis and therapy due to its recyclability, which increasing demand of nanofibers in upcoming year. Polylactic acid used for drug delivery systems and controlled drug release, tissue-engineered scaffolds, dressings for wound healing, biosensors and medical implants.

Nanofibers for Medical and Cosmetics Market Challenges

Rising Concerns Towards Environment

Nanofibers have toxic effects on unicellular aquatic organisms and aquatic animals, such as fish and Daphnia, which will be cause of nano pollution. Nano pollution refers to waste that can end up in landfills and contaminate air and soils system. Nanoparticles in our environment may have more harmful effects for environment, human cells and DNA level. Nanofibers cause of nano pollution due to toxicity. With the growth of nanotechnology, there are certain negative impacts on environment in many ways, such as increased toxicological pollution on the environment due to the uncertain shape, size, and chemical compositions of some of the nanotechnology products or nanomaterials. Due to nanotechnology it is extremely difficult to detect the nanoparticles in air for environmental protection, which hampering the market growth of nanofibers for medical and cosmetics market.

Nanofibers for Medical and Cosmetics Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Nanofibers for Medical and Cosmetics Market. Major players in the Nanofibers for Medical and Cosmetics Market top 10 companies are Toray Industries Inc., Hollingsworth and Vose, eSpin Technologies Inc., Elmarco, and Teijin Limited, Ahlstrom-Munksj, Argonide Corp., Berkshire Hathaway Inc., Catalytic Materials LLC, Clear Bridge NanoMedics, Revolution Fibres, Donaldson, Johns Manville Corp., and among others.

Acquisitions/Technology Launches

  • In February 2021, Rambam Health Care Campus in Haifa announced that it is formally adopting the Spincare wound care system, which uses electrospinning technology to heal wounds and burns without touching the patient.
  • In July, 2020, Matregenix Inc., a California-based Medtech company has developed a proprietary highly breathable nanofiber filter membrane media that has a filtration efficiency of over 99% in the battle against COVID 19. This membrane is 100% antimicrobial with the ability to deactivate various strains of viruses.

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1. Nanofibers for Medical and Cosmetics Market- Market Overview
    1.1 Definitions and Scope
2. Nanofibers for Medical and Cosmetics Market - Executive Summary
    2.1 Key Trends by Product
    2.2 Key Trends by Techniques
    2.3 Key Trends by Application
    2.4 Key Trends by Geography
3. Nanofibers for Medical and Cosmetics Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Nanofibers for Medical and Cosmetics Market - Startup companies Scenario PremiumPremium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5.Nanofibers for Medical and Cosmetics Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Nanofibers for Medical and Cosmetics Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Nanofibers for Medical and Cosmetics Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Nanofibers for Medical and Cosmetics Market – By Product (Market Size -$Million/Billion)
    8.1 Polylactic Acid (PLA)
    8.2 Polyurethane (PU)
    8.3 Polyglycolide (PGA)
    8.4 Polycaprolactone (PCL)
    8.5 Silicon Rubber
    8.6 Nylon
    8.7 Polyester (PE)
    8.8 Others
9. Nanofibers for Medical and Cosmetics Market – By Techniques (Market Size -$Million/Billion)
    9.1 Extrusion
    9.2 Melt Blowing
    9.3 Drawing
    9.4 Others
10. Nanofibers for Medical and Cosmetics Market - By Application (Market Size -$Million/Billion)
    10.1 Skin Care Products
        10.1.1 Skin Cleanser
        10.1.2 Facial Creams
        10.1.3 Lotion
        10.1.4 Face Mask
        10.1.5 Bronzer
        10.1.6 Sunscreen Creams
        10.1.7 Anti-Aging Creams
        10.1.8 Others
    10.2 Hair Products
        10.2.1 Anti-Hair loss
        10.2.2 Anti-Hair graying
        10.2.3 Hair Coloring Products
        10.2.4 Others
    10.3 Tissue Engineering
    10.4 Wound Dressing
    10.5 Drug Delivery
    10.6 Artificial Organs
    10.7 Vascular Grafts
    10.8 Prosthetic implant
    10.9 Cancer Diagnosis
    10.10 Others
11. Nanofibers for Medical and Cosmetics Market - By Geography (Market Size -$Million/Billion)
    11.1 North America
        11.1.1 U.S
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherland
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zeeland
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 U.A.E
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. Nanofibers for Medical and Cosmetics Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13.Nanofibers for Medical and Cosmetics Market – Market Share Analysis Premium
    13.1 Market Share at Global Level - Major companies
    13.2 Market Share by Key Region - Major companies
    13.3 Market Share by Key Country - Major companies
    13.4 Market Share by Key Application - Major companies
    13.5 Market Share by Key Product Type/Product category - Major companies
14.Nanofibers for Medical and Cosmetics Market – Key Company List by Country Premium Premium
15.Nanofibers for Medical and Cosmetics Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"