Global Nanofiber Market 2017-2021
A nanofiber is a fiber which has a diameter of 100 nanometers or less. Nanofibers have a high fiber interconnectivity, small pore size, high porosity and high surface area. Since nanofibers have such unique physical, chemical, and electrical properties, they are considered as advanced materials. Nanofibers have found application in various industries like air and liquid filtration, medical devices, energy, electronics, and textile applications. Nanofibers collectively form a highly porous mesh.
Technavio’s analysts forecast the global nanofiber market to grow at a CAGR of 28.24% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global nanofiber market for 2017-2021. To calculate the market size, the report considers revenues from various applications like air and liquid filtration, energy, electronics, medical, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Nanofiber Market 2017-2021
Technavio recognizes the following companies as the key players in the global nanofiber market: Donaldson Company, Finetex EnE, FibeRio Technology, Elmarco, Asahi Kasei, and eSpin Technologies.
Other Prominent Vendors in the market are: DuPont, TORAY INDUSTRIES, Mitsubishi Rayon, NanoTechLabs, Ahlstrom-Munksjö, Grupo Antolin, Johns Manville, and SNS Nano Fiber Technology.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is nanofibers replacing SAPs as an eco-friendly alternative. SAPs are polymers that can retain large amounts of liquid, relative to their mass. They are used for various medical applications and consumer goods such as diapers and sanitary napkins.”
According to the report, one driver in the market is increased use of nanofibers in air and liquid filtration devices. There are various filtration methods like charcoal filters, catalytic filters, magnetic filters, and glass filters, used for air and liquid filtration. Nanofibers are usually placed as a coating on the filtration substrates. By doing this, the filtering capacity increases and the overall filtration process becomes more efficient. In addition, the cost of the nanofiber and substrate combination is almost equal to the commercial filtration media.
Further, the report states that one challenge in the market is low levels of industrial production at high costs of production. Even with developments in nanofiber production technologies, the production at an industrial scale has not reached its maximum potential. Various issues plague these technologies, and every new development aims to reduce or eliminate these issues. For instance, in the electrospinning process, there are issues such as jet instability and interference, needle getting blocked by the polymer solution, and cost of the entire nanofiber production being very high.
Donaldson Company, Finetex EnE, FibeRio Technology, Elmarco, Asahi Kasei, eSpin Technologies, DuPont, TORAY INDUSTRIES, Mitsubishi Rayon, NanoTechLabs, Ahlstrom-Munksjö, Grupo Antolin, Johns Manville, and SNS Nano Fiber Technology.