Nanomaterials Market Size and Share
Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Market Size (2025) | USD 47.63 Billion |
| Market Size (2030) | USD 117.83 Billion |
| Growth Rate (2025 - 2030) | 19.86% CAGR |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
|
Nanomaterials Market Analysis by Mordor Intelligence
The Nanomaterials Market size is estimated at USD 47.63 billion in 2025, and is expected to reach USD 117.83 billion by 2030, at a CAGR of 19.86% during the forecast period (2025-2030). The sharp upswing mirrors a surge of commercial adoption across semiconductor polishing, mRNA-based therapeutics, flexible displays, and high-efficiency water treatment. Continuous node migration below 3 nm, record vaccine research and development budgets, and desalination build-outs in water-stressed regions are giving the nanomaterials market fresh momentum. Production scale-ups in carbon nanotubes and graphene derivatives are intensifying cost-down learning curves, while public-sector nanotechnology programs underpin a steady pipeline of platform innovations. Even so, the market must absorb volatility in precious-metal feedstocks and contain the high capital charges of atomic-layer-deposition lines that smaller entrants need to compete.
Key Report Takeaways
- By product type, nanoparticles commanded 69% of nanomaterials market share in 2024, whereas nanotubes are forecast to expand at a 21.15% CAGR through 2030.
- By structure type, non-polymer organics led with 55% revenue share in 2024; polymeric materials are advancing at a 19.99% CAGR to 2030.
- By material category, carbon-based grades held 41% of nanomaterials market size in 2024, while lipid-based and polymeric grades post the fastest 21.6% CAGR to 2030.
- By end-user industry, electronics accounted for 33% of nanomaterials market size in 2024 and is rising at a 20.15% CAGR.
- By region, North America led with 38.5% nanomaterials market share in 2024; Asia Pacific is the fastest-growing region at 22.26% CAGR through 2030.
Global Nanomaterials Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Market | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Semiconductor-grade Nano-slurries Fuelled by New Asian Fabs | +2.50% | China, South Korea, Taiwan, United States | Medium term (2-4 years) |
| Lipid Nanoparticles Demand from North-America and Europe mRNA Vaccine Capacity | +2.10% | United States, Germany, United Kingdom | Short term (≤ 2 years) |
| Gold and Silver Nano-inks in Flexible OLED Lines | +1.80% | Japan, South Korea, United States | Medium term |
| Increasing Usage of Nanomaterials in Water Treatment Applications | +1.50% | Global, Middle East, India | Long term (≥ 4 years) |
| GCC Desalination Build-out Driving Nano-porous Membranes | +1.20% | Saudi Arabia, UAE | Medium term |
| Source: Mordor Intelligence | |||
Semiconductor-grade Nano-slurries Fuelled by New Asian Fabs
The rise of semiconductor fabrication facilities in Asia is driving unprecedented demand for high-purity nano-slurries essential for chemical-mechanical planarization (CMP) processes. These materials enable ultra-precise polishing for advanced node semiconductor manufacturing at 3nm and below. A single leading-edge fab can consume over 300 tons of nano-slurries annually, with demand increasing as chip architectures grow more complex. Additionally, TSMC's USD 40 billion Arizona fab complex is creating new demand centers beyond Asia.
Lipid Nanoparticles Demand from mRNA Capacity Build-outs
Fueled by the surge in mRNA vaccine and therapeutic applications, the lipid nanoparticle (LNP) manufacturing market is witnessing explosive growth. While North America holds the lead in the LNP market, European production capacity is seeing significant investments, steadily closing the gap. Beyond their traditional use in vaccines, LNPs are now making inroads into gene therapies and cancer treatments. Recent innovations are harnessing AI to fine-tune LNP formulations, aiming to boost efficacy and minimize side effects.
Gold and Silver Nano-inks in Flexible OLED Lines
Printable noble-metal nano-inks are enabling sub-30 µm conductive traces that survive millions of bend cycles, a prerequisite for rollable consumer displays and curved cockpit dashboards. Silver nanoparticles already absorb 33.9% of mined silver destined for electronics applications, a share projected to climb as vacuum-evaporation steps are replaced by additive printing[1]“Silver in Printed & Flexible Electronics – Market Trend Report,” Silver Institute, silverinstitute.org.
Increasing Usage of Nanomaterials in Water Treatment
Graphene-oxide membranes deliver water flux of 6–66 L cm-2 MPa-1 while rejecting virtually all dissolved salts, outperforming polyamide reverse-osmosis films that have dominated the past two decades. Iron-oxide nanoparticles accelerate photocatalytic dye removal, and manganese nanocrystals double potable-water availability in pilot trials[2]Xiang Zhang, “Graphene oxide-based membranes for water desalination,” Nature, nature.com. These material gains align with rising regulatory thresholds on contaminants of emerging concern.
Restraints Impact Analysis
| Restraint | ( ~ ) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Higher Costs of Technology | -1.70% | Global, emerging markets | Short term (≤ 2 years) |
| Raw Material Price Fluctuation | -1.30% | Global | Medium term (2-4 years) |
| High-Capex Atomic-Layer-Deposition Reactors Limiting SME Scale-up | -1.10% | United States, Germany | Medium term |
| Source: Mordor Intelligence | |||
Higher Costs of Technology
Batch yields for carbon nanotubes and semiconductor-grade metal oxides remain sensitive to reactor uptime and energy intensity. Even at multi-kiloton annual capacity, unit production costs are five to ten times higher than conventional bulk fillers, constraining uptake in price-elastic applications such as commodity plastics.
Raw Material Price Fluctuation
Spot quotes for gold, silver, and platinum precursors swung 30% in 2024 as geopolitical tensions disrupted refining flows. Smaller formulators lack the balance-sheet strength to hedge forward exposures, leading to production pauses that ripple through downstream device roadmaps.
Segment Analysis
By Product Type: Nanoparticles Dominate While Nanotubes Surge
Nanoparticles held 69% of nanomaterials market share in 2024, reflecting their well-established role in catalysts, antimicrobial coatings, and conductive pastes. The segment benefits from mature spray-dry and flame-pyrolysis routes that cut cost per kilogram in half over the past decade. Meanwhile, the nanotubes sub-segment is advancing at a 21.15% CAGR as output shifts from gram-scale CVD to continuous floating-catalyst reactors.
Wider nanotube deployment is supported by patent clusters covering twisted CNT yarns that triple tensile strength and Fe-doped structures that lift hydrogen-storage capacity beyond 7 wt%. Nanoclays and nanowires record mid-teen growth, with demand tied to flame-retardant polymer blends and high-frequency RF devices, respectively.
Note: Segment shares of all individual segments available upon report purchase
By Structure Type: Non-Polymer Organics Lead, Polymeric Materials Accelerate
Non-polymer organic grades, largely carbon black and graphitic forms, posted 55% revenue share in 2024 by supplying tire compounds, EMI-shielding housings, and conductive masterbatches. Nano-porous carbon blacks now deliver surface areas above 1,500 m² g-1, expanding adsorption applications in energy storage.
Polymeric nanomaterials, however, track the fastest 19.99% CAGR. Advances in spray-freeze-drying techniques yield lipid-polymer hybrids that self-assemble into biodegradable carriers, giving drug-delivery researchers tunable release kinetics and low immunogenicity. In coatings, nano-siloxane grafting imparts self-healing performance that restores gloss after abrasion within minutes at room temperature.
By Material Category: Carbon-based Materials Maintain Leadership
Carbon-based compositions represented 41% of nanomaterials market size in 2024, underpinned by versatile bonding, conductivity, and mechanical resilience. Graphene and CNT hybrids are displacing indium tin oxide in touch sensors thanks to sheet resistances below 30 Ω sq-1 at 90% optical transmittance.
Metal-oxide and ceramic nanomaterials expand with architectural features down to 5 nm that catalyse redox reactions in automotive exhaust after-treatment. Cerium-oxide nanoparticles, for example, quicken wound closure by modulating oxidative stress pathways in diabetic-ulcer models. Lipid-based carriers round out the portfolio, recording the strongest 21.6% CAGR as they underpin next-generation gene therapies.
By End-user Industry: Electronics Sector Drives Demand and Innovation
Electronics absorbed 33% of nanomaterials market size in 2024 and 20.15% CAGR, a lead it is expected to keep through 2030. CMP slurries containing alumina and silica nanoparticles are critical to atomic-level planarisation, while silver nanowires replace rigid copper meshes in foldable displays. Flexible printed batteries using carbon-based nanomaterials reach energy densities of 250 Wh kg-1, enabling all-day wearable devices.
Healthcare remains a significant consumer, channelling nanomaterials into targeted oncology drugs, point-of-care diagnostics, and antimicrobial dressings. Construction is scaling nanomodified concretes that raise compressive strength 20% and cut porosity 15%, while the rubber segment tightens rolling resistance by embedding graphene platelets in tread blocks.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
North America held 38.5% nanomaterials market share in 2024, anchored by federal research and development outlays exceeding USD 38 billion and a record USD 2.2 billion request for 2025[3]“National Nanotechnology Initiative Supplement to the President’s 2025 Budget,” National Nanotechnology Initiative, nano.gov. The region’s semiconductor resurgence and leadership in mRNA therapeutics create a premium customer base willing to pay for ultra-high-purity grades.
Asia Pacific is expanding at a 22.26% CAGR, a pace that could lift its revenue past North America before 2030. China’s 14th Five-Year Plan lists nanotechnology as a core pillar, driving double-digit annual increases in public funding and accelerating first-time fab builds below 2 nm. South Korea and Japan sustain their leadership in OLED and battery supply chains, while India channels nanomaterials into low-cost water purification projects that serve rural populations.
Europe maintains a distinct profile built on sustainability and regulatory rigor. Horizon Europe grants target safer-by-design nanomaterials, prompting exporters to certify life-cycle impacts early in development. The Middle East scales desalination capacity incorporating nano-porous membranes, with Saudi-Arabia seeking a 94% greenhouse-gas cut relative to thermal methods. Brazil spearheads South American adoption through crop-specific nano-fertilisers that raise nutrient-use efficiency, supported by its standing as the second-largest biotech-crop producer worldwide.
Competitive Landscape
The nanomaterials market is highly fragmented with the top five suppliers collectively account for less than 28 % of global revenue. Multinationals such as BASF, Evonik, and Cabot leverage global plants and captive feedstocks to protect margins. Pure-play specialists including OCSiAl and Nanocyl command premium positions in single-wall CNTs through process patents and supply alliances with battery and aerospace primes.
Mergers and acquisitions are accelerating: Nano Dimension secured Desktop Metal to integrate high-resolution additive manufacturing and nanocomposite inks. Partnerships between academia and industry, exemplified by NSF-backed engineering research centers, shorten time-to-market for rubber nanocomposites with embedded strain-sensing.
Intellectual-property stakes are high; 81 patent families on nano-reinforced tires were filed in the 2023-2025 window alone. Suppliers thus build cross-licensing networks to navigate overlapping claims while still guaranteeing uninterrupted shipments to OEMs.
Nanomaterials Industry Leaders
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LG Chem
-
OCSiAl
-
Cabot Corporation
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Evonik Industries AG
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BASF SE
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- November 2024: Nawah inaugurated a carbon-nanotube facility in Rousset, France, significantly increasing its annual 3D nanocarbon production capacity from 20,000 m² to 400,000 m². This expansion is expected to strengthen the nanomaterials market by enhancing the availability of advanced materials for various industrial applications.
- October 2024: OCSiAl has inaugurated its first European TUBALL nanotube facility in Serbia. The facility begins operations with a nameplate capacity of 60 tons per year, with a second production line scheduled to be operational within the next 12 months. This development is expected to significantly enhance the supply chain and drive growth in the nanomaterials market by meeting the increasing demand for advanced materials.
Research Methodology Framework and Report Scope
Market Definitions and Key Coverage
Mordor Intelligence defines the nanomaterials market as the value generated from the sale of engineered substances whose primary dimension lies between 1 nm and 100 nm, covering carbon-based, metal-based, metal-oxide, ceramic, polymeric, and hybrid forms used across construction, electronics, energy, healthcare, personal care, rubber, and allied industries worldwide.
We include only commercially produced, additive-grade, and device-grade nanomaterials sold in bulk or as masterbatches; research samples and in-house captive production kept for internal use are excluded.
Scope Exclusion: Natural nanoscale particulates formed unintentionally during combustion or erosion fall outside our study.
Segmentation Overview
- By Product Type
- Nanoparticles
- Nanometals
- Gold
- Silver
- Platinum
- Titanium
- Aluminium
- Non-metal Oxides
- Alumina
- Iron Oxide
- Titanium Oxide
- Silica
- Zinc Oxide
- Complex Oxides
- Calcium Phosphate
- Rare-earth Metal Oxides
- Lithium Titanate
- Silica Hydride
- Nanometals
- Nanofibers
- Nanotubes
- Nanoclays
- Nanowires
- Nanoparticles
- By Structure Type
- Non-polymer Organic Nanomaterials
- Carbon Black
- Carbon Nanotubes
- Aptamers
- Small-Molecule OLED
- Activated Carbon
- Carbon Nanotubes Composites
- Polymeric Nanomaterials
- Coatings and Adhesives
- Transfection Reagents
- Diagnostic Reagents
- Drug-Delivery Vehicles
- Fabric Treatments
- Optical Coatings
- Nano-porous Filtration Membranes
- Dielectric Films
- OLED Films
- Non-polymer Organic Nanomaterials
- By Material Category
- Carbon-based
- Metal-based
- Metal-oxide and Ceramic-based
- Polymeric and Lipid-based
- End-user Industry
- Construction
- Electronics
- Energy
- Healthcare
- Personal Care
- Rubber
- Other End-user Industries
- Geography
- Asia-Pacific
- China
- India
- Japan
- South Korea
- ASEAN
- Rest of Asia-Pacific
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
- Asia-Pacific
Detailed Research Methodology and Data Validation
Primary Research
Subsequently, we speak with procurement heads at specialty chemical converters, R & D leads at battery and chip firms, nanotoxicology scholars, and regulators across North America, Europe, Asia-Pacific, and the Gulf.
The conversations validate pricing corridors, gauge adoption hurdles, and align forecast drivers that secondary sources hint at but rarely quantify.
Desk Research
Our team begins with publicly available cornerstones, such as the US National Nanotechnology Initiative dashboard, Eurostat PRODCOM nano codes, UN Comtrade trade flows, OECD patent statistics, and peer-reviewed work in ACS Nano, followed by company filings, investor decks, and industry position papers. Production capacities, import ratios, and healthcare trial pipelines drawn from those sources shape the first demand-supply frame. D&B Hoovers and Dow Jones Factiva enrich revenue splits and competitive moves. This list is illustrative; many other credible outlets buttress the evidence base we compile.
Market-Sizing & Forecasting
The initial top-down construct rebuilds global demand from production and trade statistics, which is then pressure-tested with selective bottom-up roll-ups of sampled average selling price times output from major suppliers. Key variables like nano-powder tonnage, electronics penetration rates, NIH nanomedicine funding, solar paste loading ratios, and regional carbon-price trajectories feed a multivariate regression forecast that projects values to 2030. Gaps in bottom-up supplier counts, especially in China and ASEAN, are bridged by calibrated utilization factors validated during expert interviews.
Data Validation & Update Cycle
Before sign-off, Mordor analysts benchmark model outputs against independent price indices and end-use growth signals, re-running anomaly checks as needed. Reports refresh every twelve months, with interim updates triggered by material events such as regulatory shifts or capacity additions, so clients receive our most current view.
Why Mordor's Nanomaterials Baseline Inspires Confidence
Published estimates often diverge because analysts pick differing particle sets, price blends, and forecast cadences.
We openly acknowledge these moving parts up front and explain how each one affects the final dollar figure our clients see.
Key gap drivers include narrower scope (some publishers omit carbon allotropes), older base years rolled forward without fresh trade audits, single-region price averaging, and slower refresh cycles that miss rapid capacity additions in Asia.
Benchmark comparison
| Market Size | Anonymized source | Primary gap driver |
|---|---|---|
| USD 47.63 B | Mordor Intelligence | - |
| USD 19.45 B | Global Consultancy A | Excludes polymeric nanomaterials; limited primary validation |
| USD 18.87 B | Industry Association B | Uses 2023 prices inflated by CPI, not nano-specific ASP shifts |
| USD 16.40 B | Regional Consultancy C | Omits healthcare usage and China trade corrections |
Taken together, the comparison shows that our disciplined scope selection, live price tracking, and annual refresh produce a balanced, transparent baseline that decision-makers can retrace and replicate with confidence.
Key Questions Answered in the Report
What is the projected growth rate for the nanomaterials market between 2025 and 2030?
The nanomaterials market is forecast to expand at a 19.86% CAGR during the 2025–2030 period.
Which product type currently dominates nanomaterials demand?
Nanoparticles hold 69% of 2024 revenue due to their broad applicability in catalysts, coatings, and conductive pastes.
Why are carbon nanotubes gaining market traction so quickly?
Breakthrough continuous reactors lower costs, and even trace CNT loadings markedly improve battery energy density and mechanical properties, driving a 21.15% CAGR.
Which geographic region is expanding fastest?
Asia Pacific leads growth with a 22.26% CAGR, powered by aggressive semiconductor, display, and water-treatment investments.
How are nanomaterials improving water treatment efficiency?
Graphene-oxide and metal-oxide membranes boost permeability and salt rejection, cutting operational costs up to 20% while meeting stricter contaminant limits.
What is the main barrier to broader nanomaterials adoption?
High production costs and feedstock price swings raise end-product prices, challenging uptake in cost-sensitive applications.
What is the current value of the nanomaterials market?
The nanomaterials market size is estimated at USD 47.63 billion in 2025, and is expected to reach USD 117.83 billion by 2030, at a CAGR of 19.86%.
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