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The global nanocomposites market reached a value of around USD 7.22 billion in 2023. The nanocomposites market is expected to grow at a CAGR of 16.2% during the forecast period of 2024-2032.
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The global nanocomposites market is being driven by its high demand from automotive, packaging, aerospace and defence, and electronics and semiconductor sectors.
Nanocomposite refers to a multiphase solid material with dimensions in nanometre range, which is used as a building block to design and create new substances with improved flexibility and enhanced physical properties.
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The global nanocomposites market can be broadly categorised on the basis of segments like material types, applications, and regions.
The EMR report looks into the regional nanocomposites markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The increasing application of lightweight aluminium composite panels for insulation in construction industry is projected to the drive the global nanocomposites market over the forecast period. Due to low permeability to gases, water, and hydrocarbons, nanocomposites are increasingly being used in the food packaging industry, specifically in the packaging of cheese, confectionery, processed meat, boil-in-the-bag food, and cereals, among others. In addition, nanocomposite polymers used in packaging help to reduce production waste and allow recycling, which is expected to propel the nanocomposites market growth.
The report presents a detailed analysis of the following key players in the global nanocomposites market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the nanocomposites market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Nanocomposites Market Analysis
8.1 Key Industry Highlights
8.2 Global Nanocomposites Historical Market (2018-2023)
8.3 Global Nanocomposites Market Forecast (2024-2032)
8.4 Global Nanocomposites Market by Material Type
8.4.1 Carbon Nanotubes
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Metal Oxides
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Nanoclay
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Nanofibre
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Graphene
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Nanocomposites Market by Application
8.5.1 Packaging
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Automotive
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Electronics & Semiconductors
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Coatings
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Aerospace & Defence
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Energy
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Nanocomposites Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Nanocomposites Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Nanocomposites Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Nanocomposites Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Nanocomposites Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Nanocomposites Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Mineral Technologies Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 DuPont de Nemours, Inc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Zyvex Technologies Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Arkema Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Powdermet Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 RTP Company
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Nanocomposites Market: Key Industry Highlights, 2018 and 2032
2. Global Nanocomposites Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Nanocomposites Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Nanocomposites Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Nanocomposites Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Nanocomposites Historical Market: Breakup by Consumer (USD Billion), 2018-2023
7. Global Nanocomposites Market Forecast: Breakup by Consumer (USD Billion), 2024-2032
8. Global Nanocomposites Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Nanocomposites Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Nanocomposites Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Nanocomposites Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Nanocomposites Market Structure
In 2023, the global nanocomposites market attained a value of nearly USD 7.22 billion.
The market is projected to grow at a CAGR of 16.2% between 2023 and 2032.
The major drivers of the market are the growing automotive sector, surging sales of consumer electronics, rising product demand for packaging applications, and increasing technological advancements.
The growing research and development activities and rising demand for lightweight materials in aerospace and defence sector are the key trends guiding the growth of the nanocomposites market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Carbon nanotubes, metal oxides, nanoclay, nanofibre, and graphene, among others, are the leading material types of nanocomposites in the market.
The significant applications of the product include packaging, automotive, electronics and semiconductors, coatings, aerospace and defence, and energy, among others.
The major players in the market are Mineral Technologies Inc., DuPont de Nemours, Inc, Zyvex Technologies Inc., Arkema Inc., Powdermet Inc., and RTP Company, among others.
The global nanocomposites market attained a value of USD 7.22 billion in 2023, driven by the growing product utilisation in packaging industry. Aided by the growing investments in R&D activities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 16.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on material type, the industry can be segmented into carbon nanotubes, metal oxide, nanoclay, nanofibre, and graphene, among others. On the basis of application, the industry is divided into packaging, automotive, electronics and semiconductor, coatings, aerospace and defence, and energy, among others. The major regional markets for nanocomposites are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Mineral Technologies Inc., DuPont de Nemours, Inc, Zyvex Technologies Inc., Arkema Inc., Powdermet Inc., and RTP Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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