Asia-Pacific Nanofiber Market Analysis by Mordor Intelligence
The Asia-Pacific Nanofiber Market is expected to register a CAGR of greater than 25% during the forecast period.
- The healthcare and biomedical segment dominated the market, and is likely to grow during the forecast period, owing to the growing application in the field of medical, pharmaceuticals, and life science and the increasing investments in the healthcare industry.
- Increasing R&D and high-potential market for cellulosic nanofibers are likely to act as an opportunity in the future.
- China accounted for the largest market share and is expected to continue domination during the forecast period.
Asia-Pacific Nanofiber Market Trends and Insights
Healthcare and Biomedical Segment to Dominate the Market Demand
- The healthcare and biomedical industry is the largest contributor to the growing demand of nanofibers, across the region.
- Applications, such as drug delivery, wound healing, tissue engineering, and barrier textile employs services of nanofibers on a wide scale in the healthcare and biomedical industry.
- In drug delivery applications, nanofiber membrane from biopolymers is widely used as a bioactive material or drug carrier.
- Nanofiber layers produced from biopolymers (chitosan, gelatin, collagen, polycaprolactone, etc., or combinations of these materials) can also be used as a wound dressing for significant support of the wound healing process.
- These materials also act as possible substrates for growing cells. Nanofibers also act as an effective barrier for microorganism penetration (viruses, bacteria, and molds).
- Hence, all such market trends are expected to drive nanofibers demand for medical applications in the region during the forecast period.
China to Dominate the Market
- China has one of the largest healthcare sectors across the world. The country's 13thfive-year plan prioritizes health and innovation, which is expected to increase investments in the medical device manufacturing sector, during the forecast period. This, in turn, is expected to raise the production of high-tech medical devices to treat chronic and age-related diseases in the country.
- The Chinese aircraft industry depicted significant growth over the years. According to Boeing, China is estimated to require around 7,600 new commercial aircraft, valued at USD 1.2 trillion, over the next two decades.
- Foreign investment in China has also been extended into the aviation sector, which is projected to register a CAGR of 6%, owing to China's geographical location, which provides easy access to the industrial goods markets in the neighboring countries, as well as, other countries globally, making it a major access point for manufacturers and suppliers.
- China is the largest manufacturer of automobiles in the world. The country's automotive sector has been shaping up for product evolution, with the country focusing on manufacturing products, in order to ensure fuel economy, and to minimize emissions (owing to the growing environmental concerns due to mounting pollution in the country).
- Due to all such factors, the market for nanofiber in the country is expected to have a steady growth during the forecast period.
Competitive Landscape
The Asia-Pacific nanofiber market is partially consolidated in nature. The major companies include Mitsubishi Chemical Corporation, Hollingsworth & Vose, KURARAY CO., LTD., TEIJIN LIMITED, and TORAY INDUSTRIES, INC., among others.
Asia-Pacific Nanofiber Industry Leaders
-
Mitsubishi Chemical Corporation
-
Hollingsworth & Vose
-
TEIJIN LIMITED
-
TORAY INDUSTRIES, INC.
- *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Nanofiber Market Report Scope
The Asia-Pacific nanofiber market report includes:
| Carbon Nanofiber |
| Ceramic Nanofiber |
| Composite Nanofiber |
| Glass Nanofiber |
| Metallic Nanofiber |
| Polymeric Nanofiber |
| Other Product Types |
| Electronics |
| Healthcare and Biomedical |
| Automotive |
| Energy |
| Chemical |
| Aerospace and Aviation |
| Defense and Security |
| Composites |
| Textile |
| Other End-user Industries |
| China |
| India |
| Japan |
| South Korea |
| Rest of Asia-Pacific |
| Product Type | Carbon Nanofiber |
| Ceramic Nanofiber | |
| Composite Nanofiber | |
| Glass Nanofiber | |
| Metallic Nanofiber | |
| Polymeric Nanofiber | |
| Other Product Types | |
| End-user Industry | Electronics |
| Healthcare and Biomedical | |
| Automotive | |
| Energy | |
| Chemical | |
| Aerospace and Aviation | |
| Defense and Security | |
| Composites | |
| Textile | |
| Other End-user Industries | |
| Geography | China |
| India | |
| Japan | |
| South Korea | |
| Rest of Asia-Pacific |
Key Questions Answered in the Report
What is the current Asia-Pacific Nanofiber Market size?
The Asia-Pacific Nanofiber Market is projected to register a CAGR of greater than 25% during the forecast period (2025-2030)
Who are the key players in Asia-Pacific Nanofiber Market?
Mitsubishi Chemical Corporation, Hollingsworth & Vose, TEIJIN LIMITED and TORAY INDUSTRIES, INC. are the major companies operating in the Asia-Pacific Nanofiber Market.
What years does this Asia-Pacific Nanofiber Market cover?
The report covers the Asia-Pacific Nanofiber Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Nanofiber Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Page last updated on:
Asia-Pacific Nanofiber Market Report
Statistics for the 2025 Asia-Pacific Nanofiber market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Nanofiber analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.