Nanofibers Market To Reach USD 3.10 Billion By 2027 | CAGR of 26.6%: Reports and Data

- Market Size – USD 490.1 Million in 2019, Market Growth - CAGR of 26.6%, Market Trends – Increasing demand for filtration technology for medical purposes

- The increasing demand in the healthcare sector and the rise in research and development activities will drive the growth of the market

NEW YORK, Sept. 17, 2020 /PRNewswire/ -- The Nanofibers Market is projected to reach USD 3.10 Billion by 2027, according to a new report by Reports and Data. Nanomaterial technological advances, coupled with high demand for inexpensive raw materials such as polymeric nanofibers in various end-use applications, are expected to drive growth over the forecast period. Increasing demand for smart textiles, filtration, tissue engineering & regeneration, wound healing, drug delivery, and biosensors enabled by nanotechnology is expected to steer nanofibers market penetration in the medical sector in the coming years.

In emerging economies, increasing population and industrialization, coupled with rapid urbanization and stringent environmental regulations applicable to various industries, is likely to drive the demand for the nanofibers market.

Request free sample of this research report at:
https://www.reportsanddata.com/sample-enquiry-form/3573

The demand for nanofibers is expected to rise globally over the coming years due to the wide range of nanotechnology applications, low raw material costs, a shift toward achieving sustainable, and environment-friendly products. High initial costs and limited technological awareness of these devices, however, hold back market growth.

COVID-19 Impact Analysis

The COVID-19 pandemic had a direct effect on the development rates of nanofibers, as all the industrial units were disrupted. Besides, the disruptions in existing supply chains forced companies to build new supply chains that are more costly and time-consuming to satisfy the need for catalysts in different areas of the chemical industry. The use of nanofibers in the medical sector is rising, and thus the demand is still high.

To identify the key trends in the industry, click on the link below: 
https://www.reportsanddata.com/report-detail/nanofibers-market

Further key findings from the report suggest

• The healthcare and biomedical industries are the most significant contributors to the growing global demand for nanofibers.
• Due to the rising demand for Nanofibers in the energy generation industry, the energy generation application segment is projected to grow to mitigate maintenance losses.
• Applications like delivery of drugs, wound healing, tissue engineering, and textile barriers employ nanofibers services on an extensive scale in the healthcare and biomedical industries. Nanofibers membrane made from biopolymers is widely used as a bioactive material or drug carrier in drug delivery applications.
• The growing R&D and high-potential demand for cellulosic nanofibers are likely to give opportunities to the market in the forecast period.
• The leading players aim to strengthen their product portfolio through strategic mergers and acquisitions of small and medium-sized enterprises. So an intense rivalry among players is expected in the coming years.
• Key participants include Berkshire Hathaway Inc., Ahlstrom-Munksj, Argonide Corp., Clearbridge NanoMedics, DuPont, Esfil Tehno AS, FibeRio Technology Corp., Irema-Filter GmbH, and Mitsubishi Rayon Co. Ltd, among others.

Order Now: https://www.reportsanddata.com/checkout-form/3573

For the purpose of this report, Reports and Data has segmented into the Global Nanofibers Market on the basis of product type, technology, application, and region:

Product Type Outlook (Revenue, USD Million; 2017-2027)

• Carbon
• Polymers
• Cellulose
• Composite
• Metallic
• Others

Technology Outlook (Revenue, USD Million; 2017-2027)

• Force Spinning
• Magneto spinning
• Rotatory Jet Spinning
• Electro Spinning
• Others

Application Outlook (Revenue, USD Million; 2017-2027)

• Healthcare
• Textile
• Power
• Air and Water
• MCE
• Others

Regional Outlook (Revenue: USD Million; 2017-2027)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Benelux
• Asia Pacific
• China
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• MEA
• Saudi Arabia
• UAE
• Rest of MEA

Have a Look at Similar Research Reports:

Recycled Plastics Market - Recycled plastics are resins that are manufactured by reusing waste plastic products. They are produced by recovering plastic scraps and wastes and then reprocessing them into useful products.

Extrusion Coatings Market - This is mainly contributed by the increasing demand from packaging industries, growing popularity of additive manufacturing process, rise of environment friendly coating technologies

Nanoclay Reinforcement Market - The application of Nanoclay in the reinforcement of polymer-based composites has attracted a lot of attention from the industrial sectors..

Nanocomposites Market - Nanocomposites are widely used in the food packaging industry specially for food items like cheese, confectionary, processed meat, cereals amongst others.

Gold Nanoparticles Market - The growing scope of application in medical imaging due to intrinsic properties is also anticipated to positively impact the growth.

Nanomembrane Market - Cosmetic antioxidants provide a variety of benefits, such as anti-inflammatory, anti-aging, hair conditioning, hair cleansing, moisturizing, and UV protection, among others.

About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs

Read full Press Release at: https://www.reportsanddata.com/press-release/global-nanofibers-market

Logo: https://mma.prnewswire.com/media/1009077/Reports_And_Data_Logo.jpg

SOURCE Reports And Data