Global market for nanocomposites to reach $4.2 billion in 2019

Recent advances in the production and manipulation of nanometer-scale materials have led to their increased use as fillers in new nanocomposites. Indeed, manufacturers now mix nanoparticulate metals, oxides and other materials with polymers and matrix materials to optimize color/transparency, conductivity, flame retardancy, barrier properties, magnetic properties, and anticorrosive properties, among other characteristics. Technological advances, wider applications across a range of  industries, and a steadily improving global economy will drive tremendous growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the global market for nanocomposites through its report, Global Markets for Nanocomposites, Nanoparticles, Nanoclays, and Nanotubes. According to the report, this market was valued at  $1.2 billion in 2013 and is estimated to reach $1.4 billion in 2014. BCC Research projects consumption to grow to $4.2 billion by 2019, and register a five-year compound annual growth rate of 24% from 2014 to 2019.

Use this report to:

• Gain an overview of the global market for nanocomposites, nanoparticles, nanoclays, and nanotubes.
• Analyze global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
• Evaluate details on nanocomposites that are in commercial use or under development, associated technologies, and relevant applications.
• Assess information on the industry's structure, and breakdowns of the market by share.
• Review comprehensive profiles of major players in this field.

 

SAMPLE FIGURE

GLOBAL CONSUMPTION OF NANOCOMPOSITES, 2013-2019

($ MILLIONS)

 

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