Global Nanofibers Market Overview:
According to the latest report by IMARC Group, titled “Nanofibers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global nanofibers market size reached US$ 983.6 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,987.4 Million by 2027, exhibiting a growth rate (CAGR) of 25.79% during 2022-2027.
Nanofibers are fibers with a diameter of 100 nanometers or less. These fibrous structures are extremely light in weight and have controllable pore structures. They are also characterized by high surface-to-volume ratio, mechanical strength and flexibility in functionalization, which makes them extremely versatile. As a result, they are utilized across a vast array of industries in varied applications, including air filtration, optical sensors, cancer diagnostics, energy storage, tissue engineering, lithium-air batteries and protective clothing. Some of the most common methods utilized to produce these nanofibers include drawing, phase separation, electrospinning, self-assembly and force spinning.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Nanofibers Market Trends:
Significant growth in the healthcare sector is primarily driving the growth of the market. These fibers are widely utilized across the industry to capture individual cancer cells, which circulate in the bloodstream. In addition to this, the high surface area to volume ratio in confluence with the microporous structure of electrospun nanofibers favors cell adhesion, proliferation, migration, and differentiation.
Consequently, they are employed to stimulate the production of cartilage in damaged joints and numerous tissue engineering applications. Electrospun variants can also load drugs within or on the surface of the fibers to be used for efficient drug delivery applications with a timed programmed release. They are also extensively used for the manufacturing of surgical masks and gloves.
Additionally, these synthetic fibers are utilized in the textile industry for the production of heat- and water-resistant fabrics. Furthermore, these fibers are being used in lithium-ion batteries to improve their electronic and ionic conductivity, which is expected to create a positive outlook for the market. Other factors contributing to the market growth include rising demand for biosensors and increasing usage of these fibers in the paints and coatings industry.
Global Nanofibers Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- Donaldson Company Inc.
- Abalolu Holding Inc.
- NanoTechLabs Inc.
- KURARAY CO. LTD.
- Clearbridge NanoMedics Pte Ltd.
- Mitsubishi Chemical Corporation
- eSpin Technologies
- ESFIL TEHNO AS
Breakup by Product:
- Carbon Nanofibers
- Ceramic Nanofibers
- Composite Nanofibers
- Glass Nanofibers
- Metallic Nanofibers
- Polymeric Nanofibers
Breakup by Technology:
- Magneto Spinning
- Electro Spinning
- Force Spinning
- Rotary Jet Spinning
- Healthcare and Biotechnology
- Aerospace and Defence
- Energy and Power
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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