The Polymer Nanocomposites Global Market Report 2023, provides comprehensive information on the polymer nanocomposites market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global polymer nanocomposites market size is expected to grow from $10.74 billion in 2022 to $12.57 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global polymer nanocomposites market size is expected to reach $23.34 billion in 2027 at a CAGR of 16.7%.
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Technological advancement is a key trend gaining popularity in the polymer nanocomposites market. Major companies operating in the polymer nanocomposites market are focusing on developing new technologies to sustain their position in the market. For instance, in November 2022, Lummus Novolen Technology GmbH, a Germany-based developer of process technologies, launched the Novolen Pure polypropylene (PP) technology, a new grade range of polymers suitable for supporting the production of high-quality products. It is primarily used for automotive, healthcare components, and food packaging materials, and this new non-phthalate process technology provides significant energy savings by delivering an improved hydrogen response with the catalyst. Additionally, for an operator’s process and end-product requirements, the Pure Polypropylene (PP) technology portfolio offers a number of variations, such as high crystallinity homopolymers, ethylene random copolymers, and advanced impact copolymers.
The polymer nanocomposites market is segmented:
1) By Nanomaterials: Nanoclays, Carbon Nanotubes, Nanofiber, Nano-Oxides, Other Nanomaterials
2) By Polymer: Epoxy Resin, Polyamide, Polyethylene, Polypropylene, Other Polymer
3) By End-user: Automotive And Aerospace, Electricals And Electronics, Packaging, Biomedical, Paints And Coatings, Other End-Users
Asia-Pacific was the largest region in the polymer nanocomposites market in 2022.
The table of contents in TBRC’s polymer nanocomposites market report includes:
1. Executive Summary
2. Polymer Nanocomposites Market Characteristics
3. Polymer Nanocomposites Market Trends And Strategies
4. Polymer Nanocomposites Market – Macro Economic Scenario
5. Polymer Nanocomposites Market Size And Growth
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26. Africa Polymer Nanocomposites Market
27. Polymer Nanocomposites Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polymer Nanocomposites Market
29. Polymer Nanocomposites Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Arkema Group
- Evonik Industries AG
- Nanocyl SA
- Nanophase Technologies Corporation
- Unitika Ltd
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