impact of recession on your business
Nanofiber Market

Nanofiber Market Size, Share and Segmentation By Product Type (Polymeric Nanofiber, Carbon Nanofiber, Composite Nanofiber, Carbohydrate-based Nanofiber, Ceramic Nanofiber, Metal and Metal Oxide Nanofiber), By Technology (Electro Spinning, Rotary Jet Spinning, Electro Spinning, Magneto Spinning, Force Spinning, Others), By Industry Vertical (Power, Healthcare, Chemicals, Textile, Water & Air Treatment, Others), and by Region | Global Market Forecast 2023-2030

Report Id: SNS/C&M/1491 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Nanofiber Market Size was valued at USD 742.98 million in 2022, and expected to reach USD 3598.78 million by 2030, and grow at a CAGR of 21.8% over the forecast period 2023-2030. Nanofibers are mostly used in textiles and medicines. During the anticipated period, the eco-friendly and bio-based nature of nanofibers is expected to boost market expansion. Furthermore, consumer demand for recyclable products is expected to propel the nanofiber industry to profitable growth.

The global market for nanofibers is predicted to increase in the next four to five years, owing to a variety of causes including the wide range of applications of nanotechnology, low raw material costs, and a shift toward more sustainable and environmentally friendly goods. However, the market's growth is hampered by high beginning costs and a lack of technical understanding about these systems. Globally, increased investment in R&D and innovative production techniques are likely to open up new market prospects.

Nanofiber Market Bar Graph

Market Dynamics

Drivers

  • Increase in used as Air and Liquid Filters.

  • Increase Demand in Medical Textile.

Challenges

  • Environmental Concerns about Neurotoxins are Growing

Opportunities

  • Increasing use in energy storage and other end users industry

Impact of Covid-19

The global nanofiber market has been thrown into disarray by the COVID-19 pandemic. However, the market is currently predicted to increase steadily during the forecast period, having reached pre-pandemic levels. COVID-19 is a global public health concern that has impacted virtually every firm, and its long-term ramifications are projected to have an impact on industry growth during the forecast period. Our ongoing research is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included.Changes in consumer behaviour and demand, supply chain rerouting,  purchasing patterns, market dynamics, and government engagement are all studied in COVID-19. This updated report examines COVID-19's market impact and includes new insights, analyses, estimates, and forecasts.

Key players

SNS Nano Fiber Technology, DuPont, Donaldson Company, Inc., ACS Material, Teijin Limited, Catalytic Materials LLC,  Ahlstrom Corporation,  Hollingsworth & Vose, Toray Industries, INC., ESpin Technologies, and Others.

Market Segmentation:

By Product Type

  • Polymeric Nanofiber

  • Carbon Nanofiber

  • Composite Nanofiber

  • Carbohydrate-based Nanofiber

  • Ceramic Nanofiber

  • Metal and Metal Oxide Nanofiber

By Technology

  • Electro Spinning

  • Rotary Jet Spinning

  • Electro Spinning

  • Magneto Spinning

  • Force Spinning

  • Others

By Industry Vertical

  • Power

  • Healthcare

  • Chemicals

  • Textile

  • Water & Air Treatment

  • Others

Nanofiber Market Segment Chart

Regional Analysis:

In 2021, the North American market for nanofibers dominated the global market, accounting for a significant portion of the total. The pharmaceutical and biomedical industries in the developed world, as well as an increase in implant use in the region, are driving demand for nanofibers. Because of the high demand for high-quality products and scientific breakthroughs in the biotechnology industry, the United States is the region's market leader in nanofibers.

Due to its increasing industrialization and urbanisation, Asia-Pacific is expected to have the greatest CAGR during the forecast period. The growing usage of polymer nanofiber-based filtration processes in the food and beverage industries is predicted to fuel regional market demand. The fastest-growing markets in the area are India and Southeast Asia, followed by China.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Nanofiber Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 742.98 Million
Market Size by 2030 US$ 3598.78 Million
CAGR CAGR of 21.8% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Polymeric Nanofiber, Carbon Nanofiber, Composite Nanofiber, Carbohydrate-based Nanofiber, Ceramic Nanofiber, Metal and Metal Oxide Nanofiber)
• By Technology (Electro Spinning, Rotary Jet Spinning, Electro Spinning, Magneto Spinning, Force Spinning, Others)
• By Industry Vertical (Power, Healthcare, Chemicals, Textile, Water & Air Treatment, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles SNS Nano Fiber Technology, DuPont, Donaldson Company, Inc., ACS Material, Teijin Limited, Catalytic Materials LLC,  Ahlstrom Corporation,  Hollingsworth & Vose, Toray Industries, INC., ESpin Technologies, and Others.
DRIVERS • Increase in used as Air and Liquid Filters.
• Increase Demand in Medical Textile.
Opportunities • Increasing use in energy storage and other end users industry


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: SNS Nano Fiber Technology (US),DuPont (US),Donaldson Company, Inc. (the US), ACS Material (US), Teijin Limited (Japan), Catalytic Materials LLC (US),  Ahlstrom Corporation (Finland),  Hollingsworth & Vose (US), Toray Industries, INC. (Japan), ESpin Technologies (US)  are the major Key players of Nanofiber Market.

Ans: The global nanofiber market has been thrown into disarray by the COVID-19 pandemic. However, the market is currently predicted to increase steadily during the forecast period, having reached pre-pandemic levels. COVID-19 is a global public health concern that has impacted virtually every firm, and its long-term ramifications are projected to have an impact on industry growth during the forecast period.

Ans: Increase in used as Air and Liquid Filters and Increase Demand in Medical Textile are the Drivers for Nanofiber Market.

 Ans: Nanofiber Market Size was valued at USD 1.80 billion in 2021, and expected to reach USD 10.41 billion by 2028, and grow at a CAGR of 28.5% over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8.Global Nanofiber Market segment, By Product Type

8.1 Polymeric Nanofiber

8.2 Carbon Nanofiber

8.3 Composite Nanofiber

8.4 Carbohydrate-based Nanofiber

8.5 Ceramic Nanofiber

8.6 Metal and Metal Oxide Nanofiber

 

9.Global Nanofiber Market segment, By Technology

9.1 Electro Spinning

9.2 Rotary Jet Spinning

9.3 Electro Spinning

9.4 Magneto Spinning

9.5 Force Spinning

9.6 Others

 

10.Global Nanofiber Market segment, By Industry Vertical

10.1 Power

10.2 Healthcare

10.3 Chemicals

10.4 Textile

10.5 Water & Air Treatment

10.6 Others

 

11.Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3 Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4 Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6 Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

 

12.Company Profiles

12.1 SNS Nano Fiber Technology

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 DuPont

12.3 Donaldson Company Inc.

12.4 ACS Material

12.5 Teijin Limited

12.6 Catalytic Materials LLC

12.7 Ahlstrom Corporation

12.8 Hollingsworth & Vose

12.9 Toray Industries, INC.

12.10 ESpin Technologies

 

13.Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

 

14.Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.