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.
The demand for
nanofibers is expected to rise globally over the coming years due to various
factors such as a wide range of nanotechnology applications, low raw material
costs, and a shift toward achieving sustainable and environmentally friendly
products. High initial costs and limited technological awareness of these
devices, however, hold back market growth.
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Key
participants include 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.
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.
To identify the key trends in the industry,
click on the link below: https://www.reportsanddata.com/report-detail/nanofibers-market
For the purpose of
this report, Reports and Data has segmented into the Global Nanofibers market
on the basis of product type, technology, application, and region
Product Type
Outlook (Revenue, USD Billion; 2017-2027)
- Carbon
- Polymers
- Cellulose
- Composite
- Metallic
- Others
Technology
Outlook (Revenue, USD Billion; 2017-2027)
- Force Spinning
- Magneto spinning
- Rotatory Jet Spinning
- Electro Spinning
- Others
Application
Outlook (Revenue, USD Billion; 2017-2027)
- Healthcare
- Textile
- Power
- Air and Water
- MCE
- Others
Regional
Outlook (Revenue: USD Billion; 2017-2027)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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Highlights
of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Nanofibers Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
Chapter 5.
Competitive Landscape
5.1. Market Revenue Share By Manufacturers
5.2. Manufacturing Cost Breakdown Analysis
5.3. Mergers & Acquisitions
5.4. Market positioning
5.5. Strategy Benchmarking
5.6. Vendor Landscape
Continue……
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