May 16 2014
Reportlinker.com announces that a new market research report is available in its catalogue: Global Markets for Nanocomposites, Nanoparticles, Nanoclays, and Nanotubes
http://www.reportlinker.com/p02118437/Global-Markets-for-Nanocomposites-Nanoparticles-Nanoclays-and-Nanotubes.html
Global consumption of nanocomposites is expected to grow in unit terms from nearly 225,060 metric tons in 2014 to nearly 584,984 metric tons in 2019, a compound annual growth rate (CAGR) of 21.1% for the period of 2014 to 2019.
This report provides:
- An overview of the global market for nanocomposites, nanoparticles, nanoclays, and nanotubes.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Details on nanocomposites that are in commercial use or under development, associated technologies, and relevant applications.
- Information on the industry's structure.
- Breakdowns of the market by share.
Comprehensive profiles of leading companies in the field.
STUDY BACKGROUND
- Nanocomposites have been used commercially since Toyota introduced the first polymer/clay nanocomposite auto parts in the 1980s. Recently, advances in the ability to characterize, produce and manipulate nanometer-scale materials have led to their increased use as fillers in new types of nanocomposites.
- Manufacturers now mix nanoparticulate metals, oxides and other materials with polymers and other matrix materials to optimize the composite's properties with respect to color/transparency, conductivity, flame retardancy, barrier properties, magnetic properties and anticorrosive properties, as well as tensile strength, modulus and heat distortion temperature. These composites offer users significantly enhanced properties compared to conventional composite and noncomposite materials.
- Global consumption of nanocomposites has increased significantly since BCC Research published its last market analysis in early 2012, reaching 190,562 metric tons (MT), with an estimated value of over $1.2 billion in 2013. Nanocomposite consumption is growing rapidly, and is expected to reach close to 584,984 MT, or $4.2 billion in value terms, by 2019.
STUDY GOALS AND OBJECTIVES
Such rapid growth has raised expectations regarding nanocomposites' commercial potential. The overall goal of this updated report is to provide suppliers of advanced materials, entrepreneurs, investors and others with information concerning emerging nanocomposite technologies and applications, along with a realistic assessment of their commercial potential.
Specific objectives include identifying segments of the nanocomposite market with the greatest commercial potential in the near to mid-term (i.e., 2014 to 2019), projecting future demand in these segments, and evaluating the challenges that must be overcome for each segment to realize its potential in order to estimate the probability of successful commercialization.
INTENDED AUDIENCE
This report is intended especially for nanocomposite and nanomaterials marketing executives, entrepreneurs, investors, venture capitalists and other readers with a need to know the direction in which the nanocomposite market is headed in the next five years. Other readers who should find the report particularly useful include officials of government programs, such as the U.S. National Nanotechnology Initiative, which promote the development of the nanotechnology industry. The report's findings and conclusions should also be of interest to the broader nanotechnology community.
SCOPE AND FORMAT
The report addresses the global market for nanocomposites. Nanocomposites are a class of composites that have at least one component with nanoscale dimensions or structural features. This study, however, excludes certain materials (e.g., rubber, to which carbon black nanoparticles have been added) that technically fit the definition of nanocomposites but have been in commercial use for decades.