Global Markets for Nanocomposites, Nanoparticles, Nanoclays, and Nanotubes

Global consumption of nanocomposites was an estimated 118,768 metric tons with a value of over $800 million in 2010. In 2011, the market should reach 138,389 metric tons and $920 million. By 2016, the market should amount to 333,043 metric tons and $2.4 billion, a five year compound annual growth rate (CAGR) of 19.2% in unit terms and 20.9% in value terms.

Clay nanocomposites accounted for more than 50% of total nanocomposite consumption by value in 2010. Its market share is expected to increase to approximately 58% in 2016.

Carbon nanotube composites accounted for 21% of total nanocomposite consumption in 2010 and this market share is expected to decrease to 16% in 2016.