Polymer Nanocomposites Market By Fiber Type (Nano Clay, NanoFiber, Carbon Nanotube, Carbon Nanofibers, Graphite Platelets, Nono Metal Oxides & Others), By End-Use Industry (Transportation, Pharmaceuticals, Packaging Industry, Consumer Goods, Adhesives, Personal Care & Cosmetics, Power & Energy, Electrical & Electronics & Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2021-2026

Report Code: CMR 21611 Report Format: PDF + Excel

Polymer Nanocomposites Market Overview

Polymer Nanocomposites Market size is forecast to reach $16.1 billion by 2026, after growing at a CAGR of 21.7% during 2021-2026 due to increasing demand from end-use industries such as automotive, healthcare, aerospace, and others as they provide outstanding barrier properties, heat resistance, and thermal stability. The electrospinning process produce polymer nanocomposites that increase the efficiency of the engine which leads to low fuel consumption, reduction in the emission of CO2, and reduced weight of automotive parts. Also, bio-hybrid polymer nanofibers are also produced by the same electrospinning techniques which are used in the electronic applications. Polymer nanocomposites are used for both interior and exterior applications owing to their high load-bearing characteristics. Hence, the growing demand for lightweight vehicles is estimated to grow the demand for polymer nanocomposites during the projected era.

Polymer Nanocomposites Market Report Coverage

The report: “Polymer Nanocomposites Market – Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the polymer nanocomposites industry.

By Fiber Type: Nano Clay, NanoFiber, Carbon Nanotube, Carbon Nanofibers, Graphite Platelets, Nono Metal Oxides, and Others
By End-Use Industry: Transportation {Automotive (Passenger Cars, Light Weight Commercial Vehicles, Heavy Duty Commercial Vehicles), Aerospace, and Others}, Pharmaceuticals (Drug Delivery, Medical Devices, Others), Packaging Industry, Consumer Goods, Adhesives, Personal Care & Cosmetics, Power & Energy, Electrical & Electronics, and Others 
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia & New Zealand, 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

  • Asia-Pacific dominates the polymer nanocomposites market owing to increasing demand from automotive, packaging, electronics, and other industry in Asian countries.
  • Growing consumption of polymer nanocomposites is estimated to grow the market as they offer excellent properties such as electrical conductivity, mechanical strength, thermal stability, and other characteristics.
  • Additionally, electrospinning is the most useful technique to manufacture polymer in the nanoscale and bio-hybrid polymer nanofibers which are used in filtration, sensors, and other applications.

Figure: APAC Polymer Nanocomposites Market, 2021-2026 (US$ Billion)

 

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Polymer Nanocomposites Market Segment Analysis – By Fiber Type

Carbon nanotube fiber type held the largest share for the global polymer nanocomposites market in 2020. Carbon nanotubes offer excellent transparency, high durability, electrical & thermal properties, and others, thus; it is widely used in drug delivery and biomedical tissue engineering. Additionally, carbon nanotube displays enormous potential for wearable electronic applications. Hence, its excellent electrical and mechanical properties, carbon nanotubes are employed in industrial applications such as supercapacitors, and biosensors, and others. Thus, these factors are increasing demand for carbon nanotubes which is estimated to grow the market size.

Polymer Nanocomposites Market Segment Analysis – By End-Use Industry

Automotive sector dominated the global polymer nanocomposites market in 2020 and is growing at a CAGR of 22.9% during 2021-2026 as polymer nanocomposites are used for body panels, bumpers, racing cars, and doors. Thus, owing to their high load bearing characteristic despite their less weight, these polymer nanocomposites are widely used in the automotive sector. Hence, the increasing automotive sector is estimated to grow the demand for polymer nanocomposites. The Chinese government expects the production of automobiles to reach 35 million units by 2025, according to the International Trade Administration (ITA). Additionally, according to the International Organization of Motor Vehicle Manufacturers (OICA), light commercial vehicle production has increased from 2,249,348 in 2018 to 2,254,153 in 2019, an increase of 0.2 % in Europe. Furthermore, the Indian Government expects the automobile sector to attract US$8 to US$10 billion in local and foreign investments by 2023. Hence, the growing automotive production is estimated to grow the polymer nanocomposites market.

Polymer Nanocomposites Market Segment Analysis – By Geography

Asia Pacific dominated the global polymer nanocomposites market in 2020 with 30%, due to increasing demand from various end-use industries in developing countries such as India, China, Japan, and others. Polymer nanocomposites offer excellent durability, suitable for harsh environments, fire-resistant, thermal stable, superior elasticity, easy to access, and others. According to Healthcare Information Company IQVIA, China was the world’s second-largest national pharmaceutical market US$122.6 billion in 2017. It was also the biggest emerging market for pharmaceuticals with growth tipped to reach US$145 billion to US$175 billion by 2022. Furthermore, India’s domestic pharmaceutical market is estimated at US$ 41 billion in 2021 and is expected to reach US$ 65 billion by 2024 and around US$ 120-130 billion by 2030. According to the International Organization of Motor Vehicle Manufacturers (OICA), the production of light commercial vehicles has also increased in the APAC region by 10.2 % in 2018. Hence, the growing demand for packaging from the pharmaceutical sector and rising automotive production is estimated to grow the demand for polymer nanocomposites.

Polymer Nanocomposites Market Drivers

Rising Demand from Packaging Industry

Polymer nanocomposite used in food & beverage packaging and conserved flavor of soft drinks as well. Polymer nanocomposite has excellent properties such as corrosion protection, tensile strength, enhanced thermal barrier, enhanced mechanical barrier, and so on. Also, polymer nanocomposites provide barrier properties against oxygen, moisture, and UV rays. Hence, they can be recycled in large quantities thus; they are used in the packaging of food and cosmetic products. According to the India Brand Equity Foundation (IBEF), India’s food processing sector is expected to reach US$ 535 billion by 2025-26. However, the Indian government approved Rs. 107.42 crore (US$ 15.25 million) to implement 28 food processing projects, which helps to reduce food waste and increasing demand for recycling packaging and biodegradable materials. Thus, these factors are driving the market growth. 

Growing Consumption of Polymer Nanocomposites for Electronics and Semiconductor Devices

Polymer nanocomposites improve electrical conductivity, mechanical strength, modulus, and dimensional stability. Thus, they are widely used in chemical sensors, electroluminescent devices, batteries, smart windows, and memory devices. Another potential application includes photovoltaic cells and photodiodes, supercapacitors, printable conductors, light-emitting diodes, and field-effect transistors are growing consumption of polymer nanocomposites. Polymer semiconductor nanocomposites offer a new generation of hybrid nanofibers with numerous applications such as in optical displays, catalysis, photovoltaic, gas sensors, electrical devices, mechanics, photoconductors, and superconductor devices. Bio-hybrid polymer nanofibers by electrospinning techniques are used in sensors and optoelectronics which is estimated to grow the consumption of polymer nanocomposites.

Polymer nanocomposites Market Challenges

High Cost of the Products

Polymer nanocomposites help to improve vehicle fuel efficiency and corrosion resistance. Also, polymer nanocomposites improve manufacturing speed, thermal stability, and also reduce weight; however, these products are costly. Nylon 6/nanocomposites are the costliest clay-based polymer nanocomposite product. It is used in tires, conveyor belts, and other applications. Thus, the high cost of polymer nanocomposites is a major challenge for the market.

Polymer Nanocomposites Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the polymer nanocomposites market. Major players in the polymer nanocomposites Market are Arkema, RTP Company, Nanocyl SA, Unitika Ltd, Evonik Industries, Mineral Technology, Inc., Hybrid Plastics, Inc., Nylon Corporation of America, Inc, 3M, Ad-Nano Technologies Private Limited, Nanophase Technologies Corporation, and among others.

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1. Polymer Nanocomposites Market - Market Overview
    1.1 Definitions and Scope 
2. Polymer Nanocomposites Market - Executive Summary
    2.1 Key Trends by Fiber Type
    2.2 Key Trends by End-Use Industry
    2.3 Key Trends by Geography
3. Polymer Nanocomposites 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. Polymer Nanocomposites Market - Startup companies Scenario Premium Premium 
    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. Polymer Nanocomposites 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. Polymer Nanocomposites 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. Polymer Nanocomposites Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies 
8. Polymer Nanocomposites Market – By Fiber Type (Market Size -$Million/Billion)
    8.1 Nano Clay
    8.2 Nano Fiber
    8.3 Carbon Nanotube
    8.4 Carbon Nanofibers
    8.5 Graphite Platelets
    8.6 Nano Metal Oxides
    8.7 Others
9. Polymer Nanocomposites Market – By Application (Market Size -$Million/Billion)
    9.1 Transportation
        9.1.1 Automotive
            9.1.1.1 Passenger Cars
            9.1.1.2 Light Weight Commercial Vehicles
            9.1.1.3 Heavy Duty Commercial Vehicles
        9.1.2 Aerospace
        9.1.3 Others
    9.2 Pharmaceuticals
        9.2.1 Drug Delivery
        9.2.2 Medical Devices
        9.2.3 Others
    9.3 Packaging Industry
    9.4 Consumer Goods
    9.5 Adhesives
    9.6 Personal Care & Cosmetics
    9.7 Power & Energy
    9.8 Electrical & Electronics
    9.9 Others
10. Polymer Nanocomposites Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 USA
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 UK
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Netherlands
        10.2.6 Spain
        10.2.7 Russia
        10.2.8 Belgium
        10.2.9  Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 India
        10.3.4 South Korea
        10.3.5 Australia and New Zeeland
        10.3.6 Indonesia
        10.3.7 Taiwan
        10.3.8 Malaysia
        10.3.9 Rest of APAC
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Colombia
        10.4.4 Chile
        10.4.5 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of the Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. Polymer Nanocomposites Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Polymer Nanocomposites Market – Industry/Segment Competition Landscape Premium
    12.1 Company Benchmarking Matrix- Major Companies
    12.2 Market Share at Global Level - Major companies
    12.3 Market Share by Key Region - Major companies
    12.4 Market Share by Key Country - Major companies
    12.5 Market Share by Key Application - Major companies
    12.6 Market Share by Key Product Type/Product category - Major companies
13. Polymer Nanocomposites Market – Key Company List by Country Premium Premium
14. Polymer Nanocomposites Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Polymer Nanocomposites Market By Type Market 2019-2024 ($M)
1.1 Carbon Nanotubes Market 2019-2024 ($M) - Global Industry Research
1.2 Metal Oxide Market 2019-2024 ($M) - Global Industry Research
1.3 Nanoclay Market 2019-2024 ($M) - Global Industry Research
1.4 Nanofiber Market 2019-2024 ($M) - Global Industry Research
1.5 Graphene Market 2019-2024 ($M) - Global Industry Research
2.Global Polymer Nanocomposites By Resin Type Market 2019-2024 ($M)
2.1 Thermoplastics & Thermosettings Polymer Nanocomposites Market 2019-2024 ($M) - Global Industry Research
3.Global Polymer Nanocomposites Market By Type Market 2019-2024 (Volume/Units)
3.1 Carbon Nanotubes Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Metal Oxide Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Nanoclay Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Nanofiber Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 Graphene Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Polymer Nanocomposites By Resin Type Market 2019-2024 (Volume/Units)
4.1 Thermoplastics & Thermosettings Polymer Nanocomposites Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Polymer Nanocomposites Market By Type Market 2019-2024 ($M)
5.1 Carbon Nanotubes Market 2019-2024 ($M) - Regional Industry Research
5.2 Metal Oxide Market 2019-2024 ($M) - Regional Industry Research
5.3 Nanoclay Market 2019-2024 ($M) - Regional Industry Research
5.4 Nanofiber Market 2019-2024 ($M) - Regional Industry Research
5.5 Graphene Market 2019-2024 ($M) - Regional Industry Research
6.North America Polymer Nanocomposites By Resin Type Market 2019-2024 ($M)
6.1 Thermoplastics & Thermosettings Polymer Nanocomposites Market 2019-2024 ($M) - Regional Industry Research
7.South America Polymer Nanocomposites Market By Type Market 2019-2024 ($M)
7.1 Carbon Nanotubes Market 2019-2024 ($M) - Regional Industry Research
7.2 Metal Oxide Market 2019-2024 ($M) - Regional Industry Research
7.3 Nanoclay Market 2019-2024 ($M) - Regional Industry Research
7.4 Nanofiber Market 2019-2024 ($M) - Regional Industry Research
7.5 Graphene Market 2019-2024 ($M) - Regional Industry Research
8.South America Polymer Nanocomposites By Resin Type Market 2019-2024 ($M)
8.1 Thermoplastics & Thermosettings Polymer Nanocomposites Market 2019-2024 ($M) - Regional Industry Research
9.Europe Polymer Nanocomposites Market By Type Market 2019-2024 ($M)
9.1 Carbon Nanotubes Market 2019-2024 ($M) - Regional Industry Research
9.2 Metal Oxide Market 2019-2024 ($M) - Regional Industry Research
9.3 Nanoclay Market 2019-2024 ($M) - Regional Industry Research
9.4 Nanofiber Market 2019-2024 ($M) - Regional Industry Research
9.5 Graphene Market 2019-2024 ($M) - Regional Industry Research
10.Europe Polymer Nanocomposites By Resin Type Market 2019-2024 ($M)
10.1 Thermoplastics & Thermosettings Polymer Nanocomposites Market 2019-2024 ($M) - Regional Industry Research
11.APAC Polymer Nanocomposites Market By Type Market 2019-2024 ($M)
11.1 Carbon Nanotubes Market 2019-2024 ($M) - Regional Industry Research
11.2 Metal Oxide Market 2019-2024 ($M) - Regional Industry Research
11.3 Nanoclay Market 2019-2024 ($M) - Regional Industry Research
11.4 Nanofiber Market 2019-2024 ($M) - Regional Industry Research
11.5 Graphene Market 2019-2024 ($M) - Regional Industry Research
12.APAC Polymer Nanocomposites By Resin Type Market 2019-2024 ($M)
12.1 Thermoplastics & Thermosettings Polymer Nanocomposites Market 2019-2024 ($M) - Regional Industry Research
13.MENA Polymer Nanocomposites Market By Type Market 2019-2024 ($M)
13.1 Carbon Nanotubes Market 2019-2024 ($M) - Regional Industry Research
13.2 Metal Oxide Market 2019-2024 ($M) - Regional Industry Research
13.3 Nanoclay Market 2019-2024 ($M) - Regional Industry Research
13.4 Nanofiber Market 2019-2024 ($M) - Regional Industry Research
13.5 Graphene Market 2019-2024 ($M) - Regional Industry Research
14.MENA Polymer Nanocomposites By Resin Type Market 2019-2024 ($M)
14.1 Thermoplastics & Thermosettings Polymer Nanocomposites Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
2.Canada Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
3.Mexico Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
4.Brazil Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
5.Argentina Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
6.Peru Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
7.Colombia Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
8.Chile Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
9.Rest of South America Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
10.UK Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
11.Germany Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
12.France Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
13.Italy Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
14.Spain Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
15.Rest of Europe Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
16.China Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
17.India Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
18.Japan Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
19.South Korea Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
20.South Africa Polymer Nanocomposites Market Revenue, 2019-2024 ($M)
21.North America Polymer Nanocomposites By Application
22.South America Polymer Nanocomposites By Application
23.Europe Polymer Nanocomposites By Application
24.APAC Polymer Nanocomposites By Application
25.MENA Polymer Nanocomposites By Application
26.Nanocor Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.E. I. Du Pont De Nemours, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Zyvex Technologies Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Arkema Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Showa Denko Carbon Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Powdermet Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Rtp Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Nanophase Technologies Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Unidym Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Nanocyl S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Inmat Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Evonik Industries AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Inframat Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)