DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Nanomaterials Market - Forecasts from 2016 to 2021" report to their offering.
Global Nanomaterials Market is expected to grow at a compound annual growth rate of 20.25% during the forecast period to reach the market size from US$5.534 billion to US$16.731 billion by 2021.
Growing consumer electronics market coupled with emerging trend of miniaturization of electrical components is one of the major factors which is driving the demand for nanomaterials. Furthermore, supportive government initiatives and high investment in R&D activities are also propelling the growth of this market across the globe. Other drivers include an increasing number of market players, declining prices of nanomaterials, and development of newer materials.
North America holds the largest share of global nanomaterials market owing to high application use of nanotubes in various end-use industries and mass production of nanomaterials in the region leading to falling prices of nanomaterials. APAC region is projected to witness the fastest regional market growth during the forecast period owing to increased government funding, rapid industrialization, and increasing demand for consumer electronics such as smartphones and tablets in the region. The growth of global nanomaterials market will be hindered by restraints such as high processing cost and stringent environmental regulations during the forecast period.
- Bayer AG
- SkySpring Nanomaterials
- Evonik Industries
- Showa Denko
- Nanocyl SA
- Sigma-Aldrich Co. LLC
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Nanomaterials Market Forecast by Type
6. Nanomaterials Market Forecast by Industry Vertical
7. Nanomaterials Market Forecast by Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/nsk5tc/nanomaterials