Nanofibers Market Sales, Company Revenue Share, Key Drivers, and Trend Analysis, 2020–2027
The increasing demand for the market product in the healthcare sector and rise in research and development activities will drive its growth.
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.
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Major
Companies Operating in the industry and profiled in the report are:
- 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.
Market
segmentation based on Product Type:
- Carbon
- Polymers
- Cellulose
- Composite
- Metallic
- Others
Market
segmentation based on Application:
- Healthcare
- Textile
- Power
- Air and Water
- MCE
- Others
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The
regional analysis covers:
- North
America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia
Pacific (India, Japan, China, South
Korea, Australia, Rest of APAC)
- Latin
America (Chile, Brazil, Argentina, Rest
of Latin America)
- Middle
East & Africa (Saudi Arabia, U.A.E., South
Africa, Rest of MEA)
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.
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know more about the report, visit @ https://www.reportsanddata.com/report-detail/nanofibers-market
About
Us:
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are a Nanofibers market intelligence and strategic consulting firm dedicated to
make an meaningful impact on businesses across the globe. Our stellar
estimation and forecasting models have earned recognition across majority of
the business forum across the globe. Our services are arrayed over diverse
sectors and industries looking to expand in alternative regions and products.
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Us:
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