The global nanofibers market is expected grow at a significant rate during the forecast period, majorly driven by the growing commercialization due to the increasing end-user industrial applications. Nanofiber can change the properties of a range of materials or even enable the creation of entirely new materials.
Growing Commercialization due to Increasing End-user Industrial Applications Driving the Market
Carbon nano fibres (CNF) account for the largest share in the market, by product, and have been used in various forms, such as powder, nanospheres, nanotubes, nanofilms etc. for multitudes of end-user industries, predominantly in automotive, aerospace for light weight composite material, as filter media in relevant industries, and advanced material for healthcare applications. Commercialization of carbon nano fibres (CNF) has started immensely, and will likely serve as a strategic business expansion initiative due to the increasing demand from the growing end-user industries. The use of CNF in various end-users is driving the nanofiber market.
Healthcare & Biomedical to Dominate the Market
Healthcare & biomedical industry is one of the major contributor for the growing demand of nanofibers globally. Applications, such as drug delivery, wound healing, tissue engineering and barrier textile employs services of nanofibers on a wide scale in healthcare & biomedical industry. In drug delivery application, 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. Furthermore, nanofibers also act as an effective barrier for microorganism penetration (viruses, bacteria, and molds).
Growing Demand from Various End-users Driving the Asia-Pacific Market
The market of nanofiber in Asia-Pacific has been increasing at faster pace compared to other regions. The growth in technology and increase in investments in research & development with government support has driven the market for nanofiber with its high usage in various applications. The nanofiber market in China is increasing at faster pace, followed by India and South Korea. In Asia-Pacific, the healthcare industry is growing as the rollout of public health care programs combined with growing consumer wealth are anticipated to boost health care spending. Thus, growing demand from various end-users is likely to be boosting the nanofiber market during the forecast period.
- November 2017: Teijin Limited to Integrate its Carbon Fiber Subsidiary in April 2018
Major Players: Toray Industries, Hollingsworth & Vose and Tejin Fibers, among others.
Reason to Purchase this Report
- To understand the impact of various product type on the market
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- To understand the dominating product type and end-user industry in the market
- Countries expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
- This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Technology Snapshot
4. Market Dynamics
4.1.1 Growing Commercialization Due to Increasing End-user Industrial Applications
4.1.2 Emerging Advanced Nanofiber Production Systems
4.2.1 Commercialization of Carbon Nanofibres from Lab Scale to Plant Scale Due to Small Size and Complexity
4.2.2 Lack of Sensitive Instrumentation to Calibrate Properties of Nanofibres
4.3.1 Increasing Application of Reinforced Carbon fiber in Automotive Sector
4.3.2 Growing Healthcare and Biomedical Applications of Nanofibers
5. Market Segmentation and Analysis - (Market size, Growth and Forecast)
5.1 By Raw Material Type
5.1.1 Carbon Nanofibers
5.1.2 Ceramic Nanofibers
5.1.3 Composite Nanofibers
5.1.4 Glass Nanofibers
5.1.5 Metallic Nanofibers
5.1.6 Polymeric Nanofibers
5.2 By End-user Industry
5.2.2 Healthcare & Biomedical
5.2.6 Aerospace & Aviation
5.2.7 Defense & Security
6. Regional Market Analysis (Market size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.5 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & services, Recent Developments)
8.1 Ahlstrom Corp.
8.2 Argonide Corp.
8.3 Catalytic Materials LLC
8.4 Catalyx Nanotech Inc.
8.5 Clearbridge NanoMedics
8.6 Donaldson Co. Inc.
8.9 Esfil Tehno AS
8.10 eSpin Technologies Inc.
8.11 FibeRio Technology Corp.
8.12 Finetex Technology
8.13 HemCon Medical Technologies Inc.
8.14 Hollingsworth and Vose
8.15 Irema-Filter GmbH
8.16 Japan Vilene Co. Ltd.
8.17 Johns Manville
8.18 Kuraray Co. Ltd.
8.19 Mitsubishi Rayon Co. Ltd.
8.20 Nanofiber Solutions LLC
8.21 NanoTechLabs Inc.
8.22 Nanoval GmbH and Co. KG
8.23 Pardam, S.R.O. (Ltd)
8.24 Pyrograf Products Inc.
8.25 Shenzhen Nanotech Port Co. Ltd.
8.26 SNS Nanofiber Technology LLC
8.27 Teijin Fibers Ltd.
8.28 Toray Industries Inc.
*List not exhaustive
**Subject to availability on public domain