Nanomaterials market
Nanomaterial are defined as materials with external dimension in nanoscale size that range from about 1-100 nm, or having a surface structure or internal structure in the nanoscale.
Nanomaterials which are naturally occurring, such as volcanic ash, soot from forest fires etc., are physically and chemically heterogeneous, and are often known as ‘ultrafine particles’. Engineered nanomaterials are produced and designed to have specific physical and chemical properties for a particular purpose. Nanomaterials are widely used in products like batteries, coatings, anti-bacterial clothing etc.
The global nanomaterials market was valued at USD 7.3 billion in 2016 and is expected to reach USD 16.8 billion in 2022, growing at a CAGR of 15.5%.
The global nanomaterials market is segmented into type, application, and region.
The type segmentation includes; metal oxides, metals, chemicals and polymers, and others. The chemical and polymers segment is the main application segment due to its wide applications in nanopharmaceuticals, liposomes as well as various other chemicals and polymers.
The application segments include; construction, chemical products, packaging, consumer goods, electrical and electronics, energy, healthcare, transportation and others. The chemical products segment accounts for the largest market share. The healthcare segment is anticipated to emerge as the fastest growing in coming years.
Globally, the nanomaterials market is segmented as; North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America was the dominant region in 2016 and is likely to retain a high CAGR over the forecast period due to the extensive use of nanotubes in industries such as; electronics, chemical products and pharmaceuticals. Europe has a significant market share. The Asia Pacific is expected to be the fastest growing region due to the demand from emerging countries such as India and China.
Some of the key players operating in the global nanomaterials market include; BASF, Evonik Industries, Covestro, Altair Nanotechnologies Inc., EMFUTUR Technologies and SkySpring Nanomaterials among others.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
The 5 elements of seiri, seiton, seiso, seiketsu and shitsuke.
Shading for housing, a design guide
A look back at embedding a new culture of shading.
The Architectural Technology Awards
The AT Awards 2025 are open for entries!
ECA Blueprint for Electrification
The 'mosaic of interconnected challenges' and how to deliver the UK’s Transition to Clean Power.
Grenfell Tower Principal Contractor Award notice
Tower repair and maintenance contractor announced as demolition contractor.
Passivhaus social homes benefit from heat pump service
Sixteen new homes designed and built to achieve Passivhaus constructed in Dumfries & Galloway.
CABE Publishes Results of 2025 Building Control Survey
Concern over lack of understanding of how roles have changed since the introduction of the BSA 2022.
British Architectural Sculpture 1851-1951
A rich heritage of decorative and figurative sculpture. Book review.
A programme to tackle the lack of diversity.
Independent Building Control review panel
Five members of the newly established, Grenfell Tower Inquiry recommended, panel appointed.
Welsh Recharging Electrical Skills Charter progresses
ECA progressing on the ‘asks’ of the Recharging Electrical Skills Charter at the Senedd in Wales.
A brief history from 1890s to 2020s.
CIOB and CORBON combine forces
To elevate professional standards in Nigeria’s construction industry.
Amendment to the GB Energy Bill welcomed by ECA
Move prevents nationally-owned energy company from investing in solar panels produced by modern slavery.
Gregor Harvie argues that AI is state-sanctioned theft of IP.
Experimental AI housing target help for councils
Experimental AI could help councils meet housing targets by digitising records.
BSRIA Occupant Wellbeing survey BOW
Occupant satisfaction and wellbeing tool inc. physical environment, indoor facilities, functionality and accessibility.