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.
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
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
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
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