NEW YORK, March 4, 2020 /PRNewswire/ --
KEY FINDINGS
The global nanomaterials market is estimated to grow at a CAGR of 16.10% during the estimated period of 2020-2028 in terms of volume. In terms of revenue, the global market is set to record a CAGR of 15.80%. The increasing demand for electronic compact storage devices and biosensors, government initiatives for boosting the use of nanomaterials, and increasing use of lightweight products, is expected to augment market growth for nanomaterials.
Read the full report: https://www.reportlinker.com/p04753156/?utm_source=PRN
MARKET INSIGHTS
Nanomaterials are chemical substances and materials that offer various benefits such as increased strength, lightweight, better conductivity, and better chemical reactivity.The increasing demand for compact electronic consumer devices is one of the significant driving force for the nanomaterials market.
Electronic biosensors and compact storage devices require nanowires made of nanomaterials, which are used in various electronic devices like smartphones and OLEDs.The market challenges are strict regulations due to adverse effects on the environment, and the high cost of processing.
The harmful effects of the usage of nanomaterials on the environment are becoming one of the major concerns for both the government and manufacturers.Various international organizations such as REACH and US EPA, enacted numerous policies that are hampering the growth of the market.
The consistent R&D activities play an important role in maintaining a competitive edge in the market. The major players are investing in the R&D strategies consistently to improve their production processes, which help them to reduce their production costs and enhance their profitability. The threat of rivalry is high in the market owing to the presence of key global players, and competitive rivalry.
REGIONAL INSIGHTS
The global nanomaterials market is geographically analyzed on the basis of markets situated in the region of North America, Europe, Asia Pacific, and the Rest of the World.As of 2019, the region of Asia Pacific holds the largest market share, both in terms of revenue and volume.
This is attributed to the increasing demand from end-user industries.
COMPETITIVE INSIGHTS
Raymor Industries Inc, Covestro AG, DuPont, Showa Denko K.K., Arkema, etc. are some of the major companies operating in the global region.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Companies mentioned
1. COVESTRO
2. ARKEMA
3. NANOCYL SA
4. SHOWA DENKO K.K.
5. DAIKIN
6. DUPONT
7. NANOCO TECHNOLOGIES LTD
8. RAYMOR INDUSTRIES
9. NANOPHASE TECHNOLOGIES CORPORATION
10. NANOSYS
Read the full report: https://www.reportlinker.com/p04753156/?utm_source=PRN
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Share this article