Global market for Nanocomposites is projected to reach 1.5 billion pounds (lbs) by the year 2017. Growth will be primarily driven by rising levels of government participation in R&D funding especially in developing countries, increased role of private venture capitalists, technology advancements in production processes, falling prices, and waxing demand for high strength structural materials across a broad range of end-use markets.
Growing demand for nanocomposites is fuelling the demand for nanotubes as filler nano materials. Carbon nanotubes-based electronics and semiconductor applications are expected to witness tremendous demand in the years to come. With their exceptional physical, thermal, and electrical conductivity properties, carbon nanotubes will offer new business opportunities for these end-use sectors. In electronics sector, short-term growth is principally anticipated from memory, sensor, and display segments. Carbon nanotubes are also being used in the production of superior quality flat panel displays.
Memories consisting of nanotubes, in combination with SRAM and Flash, are capable of providing enhanced services, particularly for mobile phones, laptops, and PDA markets. Carbon nanotubes are also widely used in coatings, epoxy and thermoplastic systems. They are also used in sporting goods, which require high tensile strength. Given the growing number of applications for carbon nanotubes and projected rise in its demand over the next few years, carbon nanotube manufacturers across the globe are forecast to increase their production capacities in the upcoming years.Report Scope
This report analyzes the Global market for Nanocomposites in Million Pounds. The report analyzes the Global and the US market for Nanocomposites by the following End-Use Segments: Packaging, Building & Construction, Electronics & Electrical, Automotive, and Others (includes Household & Personal Care Goods, Sporting Goods, Medical & Industrial Equipment, and Aerospace & Defense Applications). Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for this market.
The report profiles 93 companies including many key and niche players such as 3M ESPE, Arkema Group, BASF SE, Cabot Corporation, Cyclics Corporation, DSM Somos, Du Pont (E.I) De Nemours & Company, Elementis Specialties Inc., eSpin Technologies, Inc., Evonik Degussa GmbH, Foster Corporation, Hybrid Plastics, Hyper-Therm High-Temperature Composites, Inc., Industrial Nanotech, Inc., Inframat Corporation, InMat, Inc., Nanocor Incorporated, Nanoledge SA, Nanophase Technologies Corporation, Nyacol Nano Technologies Incorporated, Powdermet Inc., Showa Denko K.K., Rockwood Additives Ltd., TNO, Unidym, Inc., Unitika Ltd., and Zyvex Technologies. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain. Global Industry Analysts ©
Click for Report details:Nanocomposites: A Global Market Report