NEW YORK, Nov. 30, 2016 /PRNewswire/ -- Nanofibers are fibers with less than 100 nanometers, diameter. The nanofibers can be produced using methods such as electrospinning, interfacial polymerization, melt processing and electrostatic spinning. The global Nanofibers market is projected to grow at a significant growth rate annually over the period of 2016 to 2021. The global nanofibers market is expected to surpass USD 1 billion market by the end of 2021, expanding at a CAGR between 24% and 25% between 2016 and 2021.Globally the nanofiber market is driven by factors such as growing applications industries such as energy storage applications, air and liquid filters, performance apparels and electronics. Furthermore, several manufacturers of nanofibers are aiming economies of scales which in turn is expected to boost the market of nanofibers over the forecast period. However, high initiation cost is one of the primary restraints for the entry in the global nanfibers market. Large players are expected to dominate the market, globally over the forecast period.
Nanofibers market is broadly classified on the basis of type and applications. On the basis of types the nanofiber market is segmented as polymer nanofibers and carbon nanofibers. On the basis of applications the nanofibers market is segmented as filtration, energy, electronics, healthcare and others. Among the applications healthcare segment is expected to grow at the highest CAGR over the forecast period.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Among the various regions covered, Asia-Pacific dominated the global Nanofibers market.
Some of the key players profiled in the report include Asahi Kasei Fibers, Applied Sciences, Catalytic Materials, Donaldson, DuPont, eSpin technologies Inc., Finetex ENE, Johns Manville, The Nanofiber Group, and TORAY.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand ofNanofibers globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and value chain analysis ofNanofibers. Moreover, the study highlights current market trends and provides forecast from 2016 to 2021. We also have highlighted future trends in theNanofibers market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the Nanofibers market to understand the present and future trends in this market and formulate their strategies accordingly.
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