The increasing demand for the market product in the healthcare sector and rise in research and development activities will drive its growth.
Nanofibers Market Size – USD 490.1 Million in 2019, Market Growth - CAGR of 26.6%, Market Trends – Increasing demand for filtration technology for medical purposes.
The Nanofibers market is projected to reach USD 3.10 Billion by 2027, according to a new report by Reports and Data. Nanomaterial technological advances, coupled with high demand for inexpensive raw materials such as polymeric nanofibers in various end-use applications, are expected to drive growth over the forecast period. Increasing demand for smart textiles, filtration, tissue engineering & regeneration, wound healing, drug delivery, and biosensors enabled by nanotechnology is expected to steer nanofiber’s market penetration in the medical sector in the coming years.
In emerging economies, increasing population and industrialization coupled with rapid urbanization and stringent environmental regulations applicable to various industries are likely to drive demand in the nanofibers market.
The demand for nanofibers is expected to rise globally over the coming years due to various factors such as a wide range of nanotechnology applications, low raw material costs, and a shift toward achieving sustainable and environmentally friendly products. High initial costs and limited technological awareness of these devices, however, hold back market growth.
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Key participants include Berkshire Hathaway Inc., Ahlstrom-Munksj, Argonide Corp., Clearbridge NanoMedics, DuPont, Esfil Tehno AS, FibeRio Technology Corp., Irema-Filter GmbH, Mitsubishi Rayon Co. Ltd, among others.
Further key findings from the report suggest
- The healthcare and biomedical industries are the most significant contributors to the growing global demand for nanofibers.
- Due to the rising demand for Nanofibers in the energy generation industry, the energy generation application segment is projected to grow to mitigate maintenance losses.
- Applications like delivery of drugs, wound healing, tissue engineering, and textile barriers employ nanofibers services on an extensive scale in the healthcare and biomedical industries. Nanofibers membrane made from biopolymers is widely used as a bioactive material or drug carrier in drug delivery applications.
- The growing R&D and high-potential demand for cellulosic nanofibers are likely to give opportunities to the market in the forecasted period.
- The leading players aim to strengthen their product portfolio through strategic mergers and acquisitions of small and medium-sized enterprises. So an intense rivalry among players is expected in the coming years.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/nanofibers-market
For the purpose of this report, Reports and Data has segmented into the Global Nanofibers market on the basis of product type, technology, application, and region
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Carbon
- Polymers
- Cellulose
- Composite
- Metallic
- Others
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Force Spinning
- Magneto spinning
- Rotatory Jet Spinning
- Electro Spinning
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Healthcare
- Textile
- Power
- Air and Water
- MCE
- Others
Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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Table of Content:
Highlights of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Nanofibers Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
Chapter 5. Competitive Landscape
5.1. Market Revenue Share By Manufacturers
5.2. Manufacturing Cost Breakdown Analysis
5.3. Mergers & Acquisitions
5.4. Market positioning
5.5. Strategy Benchmarking
5.6. Vendor Landscape
Continue……
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