Market Summary
The Global Nanocomposites Market is projected to be valued at over USD 9 Billion by the end of 2025 and is estimated to register a CAGR of around 15.5% during the forecast period. The global demand-side drivers for the nanocomposites market are growing popularity of nanocomposite materials in the food packaging applications and increasing use of lightweight and high strength components in automobile manufacturing. Additionally, the increasing demand for nanocomposites in various biomedical applications such as gene therapy, hip implants, artificial lenses, wound healing, catheters, tissue engineering, large diameter vascular grafts, implantation of medical devices, and artificial organs is expected to propel the market growth in the coming years. Furthermore, the increasing popularity of the product in the paints & coatings industry for anticorrosion barrier coatings, drug delivery systems, and antibacterial coatings, among others is expected to create immense growth opportunities for the players operating in the market during the assessment period.
Competitive Analysis
The prominent players in the global nanocomposites market are Evonik Industries AG (Germany), Nanocyl SA (BELGIUM), Arkema (France), ZYVEX TECHNOLOGIES (US), NanoSonic, Inc. (US), UNITIKA LTD (Japan), Pixelligent (US), Industrial Nanotech, Inc. (US), SHOWA DENKO K.K. (Japan), and Integran Technologies (Canada).
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Market Segmentation
The global nanocomposites market has been segregated on the basis of type of matrix material, end-use industry, and region.
By type of matrix material, the global nanocomposites market has been segmented into polymer matrix, metal matrix, ceramic matrix, and others. The polymer matrix segmented has been further segmented into polymer/CNT, polyester/TiO2, and thermoplastic/thermoset polymer/layered silicates. The metal matrix segment is further divided into Fe-Cr/Al2O3, Ni/Al2O3 Al/CNT, and others. The ceramic matrix segment is further categorized into Al2O3/SiO2, SiO2/Ni, Al2O3/SiC, and others. The polymer matrix segment held the largest market share in 2018 and is projected to be the leading segment during the forecast period. This is mainly attributed to the ease of production, lightweight, and ductile nature. The increasing demand for polymer matrix nanocomposites in the packaging and automotive industries is further expected to favor the growth of the segment in the years to follow.
Based on end-use industry, the global nanocomposites market has been categorized into packaging, automotive, aerospace & defense, medical, electrical & electronics, energy, and others. The packaging industry is projected to be the largest segment on account of increasing demand in the food packaging applications such as processed meat products, bakery products, cheese, fruit juices, dairy products, food grains, confectionery, boil‐in‐bag foods, and in the manufacturing of carbonated beverages and beer bottles. The increasing demand for innovative packaging materials for meeting the consumer need for higher quality food with safety, sustainability, and convenience is further expected to fuel the market growth during the forecast period.
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Global Food Additives Market – OverviewDue to rising demand for flavors, and preservatives in the food industry, the market of food additives is growing at an incremental pace globally.
Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Food Additives Market Research Report- Forecast to 2022 that the market will demonstrate an exponential growth while achieving billion-dollar growth rapidly in the forecast period.The global food additives market is increasing due to increased demand for food additives in food and beverages industry.
However, health conscious consumers nowadays precisely look for product labels to know the exact composition of packaged foods before purchasing which has a direct impact on manufacturers to switch for natural food additives in packaged foods.Latest Industry UpdatesAug 2017 In order to support the rising demand for natural sweeteners from the consumers’ end, Coca-Cola announced their interest in investments in all-natural low- or no-calorie sugar alternatives.
The innovation through HeroX crowdsourcing platform will help the company in expanding and strengthening their business portfolio.May 2017 Whole Earth Sweetener Company, launched their new stevia range in the U.K.
The company’s strategy is to suffice the rising demand for natural sugars based on escalating health consciousness among the consumers.Mar 2017 Encouraging manufacturers to enter into production of natural sweeteners as a potential food additive, ED Man and Unavoo launched natural sweetener breakthrough that cuts sugar by 100%.
The product claims to have high potential as sugar replacer.Jul 2016 Food color is considered to be one of the vital food additives which adds to the organoleptic properties of the food product, Sentient launched yellow and orange food colors to broaden their food color range.Global Food Additives Market - Competitive AnalysisNew players are entering the market to penetrate the global market and generate revenues out of their food additives offerings.
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Manufacturing Analytics Market TrendsThe global wafer fabrication market is expected to grow from USD 50.56 billion in 2018 to USD ~62 billion by 2025, at a CAGR of ~4% during the forecast period.
The process of producing electronic integrated circuits (IC) is complex.
The equipment used for wafer fabrication includes epitaxial deposition equipment, oxidation systems, diffusion systems, ion implantation equipment among others.
Silicon is the most common semiconductor used for wafer fabrication process.
Increasing demand for electronic and electrical devices and the growth of the automotive industry are the major factors contributing to the growth of the global wafer fabrication market.Key playersThe key players in the global wafer fabrication market are Lam Research Corporation (US), SCREEN Semiconductor Solutions Co., Ltd (Japan), Tokyo Electron Limited (Japan), SAMSUNG (South Korea), Applied Materials, Inc. (US), Hitachi High-Technologies Corporation (Japan), Motorola Solutions, Inc (US), Intel Corporation (US), KLA-Tencor Corporation (US), and ASML Holding NV (Netherlands).Other prominent players studied for the global wafer fabrication market are Dainippon Screen Manufacturing Co. Ltd. (Japan), Nikon Corporation (Japan), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Merck KGaA (Germany), and Okmetic Oy (Finland) among others.SegmentationThe global wafer fabrication market has been segmented on the basis of equipment type, fabrication process, end user, and region.Based on equipment type, the global wafer fabrication market has been segmented into oxidation systems, diffusion systems, epitaxial reactors, photolithography equipment, ion implantation equipment, and others.By fabrication process, the global wafer fabrication market has been classified as front end of line processing and back end of line processing.Based on end user, the market has been divided into memory manufacturers and integrated device manufacturers.On the basis of region, the market has been classified as North America, Europe, Asia-Pacific, the Middle East & Africa, and Central and South America.More Information@Manufacturing Analytics Market Research Report -2027 | MRFRManufacturing Analytics Market including Classification, Application and Industry Chain Overview,…Read on marketresearchfuture.comAbout Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R),a Continuous-Feed Research (CFR), and Market Research and Consulting Services.Contact:Market Research Future+1 646 845 9312Email: [email protected]
