Nanomaterials Industry 2022 Business Strategies, Current Insights, Regional Developments, Demand and Forecast to 2030
Nanomaterials Market Analysis The global nanomaterials market was valued at USD 16.5 billion in 2018 and is projected to register a robust CAGR of 20% during the forecast period of 2022–2030 Nanomaterials are nanosized materials; their thickness range is less than 100 nm. The thickness range of these materials also known as the quantum regime is the key factor in defining the properties of the Nanomaterials Industry . They exhibit excellent properties including high strength, hardness, elasticity, electric conductivity, antimicrobial and self-cleaning properties, scratch-resistance, and chemical resistance, making them applicable in a wide range of applications. The growing demand for nanomaterials in the electronics and healthcare industries and increasing RD and investments related to new materials are factors likely to propel the growth of the global market in the years to follow. Competitive Analysis The prominent players in the nanomaterials market are BASF SE (Germany...