Polymer Nanocomposites Market is Forecasted to Grow at a Rate of 16.30% By 2027 | Reports and Data

Polymer Nanocomposites
Polymer Nanocomposites

Reports and Data estimates the global Polymer Nanocomposites competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Polymer Nanocomposites during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Arkema, RTP Company, Nanocyl SA, Unitika, Evonik, Minerals Technologies, Hybrid Plastics, Nylon Corporation of America, Ad-Nano Technologies, and 3M, has been profiled in the report

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Polymer Nanocomposites Overview :-

In the automotive sector, polymer nanocomposites are used to improve the longevity of parts such as headlamp covers, engine cover, tires, and elements inside and outside. Owing to its superior characteristics, including compactness, lightweight structure, and electrical conductivity, the polymer nanocomposites have been globally accepted in semiconductor manufacturing and is expected to propel the market over the following years.

On the other side, strict government regulations on ecological safety and rising expenses of nanocomposites are generating a significant barrier to its growth in the market. However, effective implementation in the commercialization of bio-based nanocomposites and graphene-based nanocomposites is anticipated to create significant development opportunities in the coming years.

Polymer Outlook:

During the forecast period, epoxy resin-based nanocomposites are highly probable to expand at a CAGR of 17.7% these products are used in the electrical & electronics segment for a wide range of applications such as ESD coatings, conductive primers, resistive inks, and more.

Polyamide accounted for the largest share of about 39.04% in 2019 and is likely to boost the market growth by the end of the forecast period. Polyethylene is anticipated to grow at a fast rate of 16.8%, because of its increased consumption in commercial applications like shampoo bottles, children’s toys and more.

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For the purpose of this report Reports and Data has segmented global Polymer Nanocomposites market on the basis of type, application, and region:

Polymer Outlook (Revenue, USD Billion; 2017-2027)

  • Epoxy Resin
  • Polyamide
  • Polyethylene
  • Polypropylene
  • Others

Nanomaterial Outlook (Revenue, USD Billion; 2017-2027)

  • Carbon Nanotubes
  • Metal Oxide
  • Nanofiber
  • Nano clay
  • Graphene
  • Others

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Automotive & Aerospace
  • Electrical & Electronics
  • Packaging
  • Biomedical
  • Paints & Coatings
  • Others

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

  • What is the expected year-on-year growth of the Polymer Nanocomposites during the forecast period?
  • What key trends are expected influence revenue growth of the market going ahead?
  • Which region is expected to account for largest revenue share over the forecast period?
  • Which key companies are profiled in the report?

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