Asia-Pacific Nanocomposites Market Analysis, 2024-2030
Description
Nanocomposites are materials that have nano-sized particles in their matrix to improve sturdy nature, strength, toughness, the electrical and thermal conductivity in them. They are widely used in defense, communication sector, automotive industry, construction and building and electrical and electronic appliances. The role of nanocomposites in vehicle safety and the importance of plastic nanocomposites in weight reduction are the major reasons for its production and consumption.
The report on Asia-Pacific nanocomposites market presents the crux of over 200 hours of synergized efforts of analysts, industry experts, and academician to assess the present market scenario. The findings are substantiated by a thorough analysis of the nanocomposite industry value chain coupled with exhaustive secondary and primary research.
As per the report, the demand for plastic nanocomposite from defense, automotive and construction sector has proven to be a boost for the nanocomposites market in the Asia-Pacific region. It is expected that nanocomposites will be a USD XX.X million market in this area with a CAGR of XX.X% within 2017–2023 time frame. As of now, packaging and automotive industries are seen using this element to the maximum. But, it is predicted that electronic and electrical appliances industry will take over the dominance by 2023.
The major boost for this market is its unique thermal, physical and other properties, which makes them achieve desired performance across various applications. Nanocomposites are made up of filler materials and the surrounding matrix. They can be found in various types. The growing electronics sector has found various new uses for nanocomposites, and this is also helping this market to grow at a faster rate. On the other hand, the high cost of nanocomposites is the major roadblock in the market growth. Further market growth will be affected by the availability of materials at reasonable prices.
They are in demand worldwide for their exceptionally flexible and versatile uses and application in many fields. North America is the largest market for plastic nanocomposites but, the Asia-Pacific region is slowly growing. Some of the major players in the global plastic nanocomposites market are Arkema SA, BASF SE, Foster Corporation, Hybrid Plastics Inc. and Rockwood Additives Ltd.
Our Approach
At Market Krystal, we believe in a systematic approach towards the problem at hand. The process begins with the identification of a challenge/opportunity, followed by an exhaustive brainstorming by in-house and consulting experts. Based on the outcomes, an in-depth research (primary & secondary) is carried out to collect industry insights. The data is then analysed by a gamut of techniques (Statistics, Machine Learning, Econometrics, and Analytics) to derive inter-disciplinary deductions that are executable and result in value creation.
Hence, nanocomposites market is categorized on the basis of the type, application, raw material and geography. Carbon nanotube, polymer metal fiber, nanofiber, graphene, and nanoplatelet are some of the type segment of the Asia-Pacific nanocomposites market. Thermosets and thermoplastics are the two types of matrix categorization that is used for the nanocomposite production. Different segments of the Asia-Pacific nanocomposite market were correlated across China, India, Japan, Indonesia and other Asian countries.
Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations (Fig1). This allowed a 3600 view of the industry dynamic.
Figure 1 Primary research breakdown
Contents of the report:
The report on Asia-Pacific nanocomposites market presents the crux of over 200 hours of synergized efforts of analysts, industry experts, and academician to assess the present market scenario. The findings are substantiated by a thorough analysis of the nanocomposite industry value chain coupled with exhaustive secondary and primary research.
As per the report, the demand for plastic nanocomposite from defense, automotive and construction sector has proven to be a boost for the nanocomposites market in the Asia-Pacific region. It is expected that nanocomposites will be a USD XX.X million market in this area with a CAGR of XX.X% within 2017–2023 time frame. As of now, packaging and automotive industries are seen using this element to the maximum. But, it is predicted that electronic and electrical appliances industry will take over the dominance by 2023.
The major boost for this market is its unique thermal, physical and other properties, which makes them achieve desired performance across various applications. Nanocomposites are made up of filler materials and the surrounding matrix. They can be found in various types. The growing electronics sector has found various new uses for nanocomposites, and this is also helping this market to grow at a faster rate. On the other hand, the high cost of nanocomposites is the major roadblock in the market growth. Further market growth will be affected by the availability of materials at reasonable prices.
They are in demand worldwide for their exceptionally flexible and versatile uses and application in many fields. North America is the largest market for plastic nanocomposites but, the Asia-Pacific region is slowly growing. Some of the major players in the global plastic nanocomposites market are Arkema SA, BASF SE, Foster Corporation, Hybrid Plastics Inc. and Rockwood Additives Ltd.
Our Approach
At Market Krystal, we believe in a systematic approach towards the problem at hand. The process begins with the identification of a challenge/opportunity, followed by an exhaustive brainstorming by in-house and consulting experts. Based on the outcomes, an in-depth research (primary & secondary) is carried out to collect industry insights. The data is then analysed by a gamut of techniques (Statistics, Machine Learning, Econometrics, and Analytics) to derive inter-disciplinary deductions that are executable and result in value creation.
Hence, nanocomposites market is categorized on the basis of the type, application, raw material and geography. Carbon nanotube, polymer metal fiber, nanofiber, graphene, and nanoplatelet are some of the type segment of the Asia-Pacific nanocomposites market. Thermosets and thermoplastics are the two types of matrix categorization that is used for the nanocomposite production. Different segments of the Asia-Pacific nanocomposite market were correlated across China, India, Japan, Indonesia and other Asian countries.
Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations (Fig1). This allowed a 3600 view of the industry dynamic.
Figure 1 Primary research breakdown
Contents of the report:
- Insight on the current industry dynamics
- Estimation of the current market size in terms of value and volume
- Market breakup based on type, application, matrix, and geography
- Substantiated market forecasting for the next five years
- Detailed analysis of the key companies operating across different nodes of nanocomposite industry value chain
Table of Contents
- 1. Introduction
- Purpose of the report
- Research methodology
- Executive summary
- 2. Product Overview
- Product analysis
- Portfolio analysis of top companies
- Value chain analysis
- Market dynamics
- 3. Asia-Pacific Market Analysis
- Asia-Pacific nanocomposite market size (2024–2030)
- By value
- By volume
- Asia-Pacific nanocomposite market share (2024–2030)
- By type
- By application
- By matrix
- By geography
- By company
- 4. China Market Analysis
- China nanocomposite market size (2024–2030)
- By value
- By volume
- China nanocomposite market share (2024–2030)
- By type
- By application
- By matrix
- By geography
- By company
- 5. Japan Market Analysis
- Japan nanocomposite market size (2024–2030)
- By value
- By volume
- Japan nanocomposite market share (2024–2030)
- By type
- By application
- By matrix
- By geography
- By company
- 6. India Market Analysis
- India nanocomposite market size (2024–2030)
- By value
- By volume
- India nanocomposite market share (2024–2030)
- By type
- By application
- By matrix
- By geography
- By company
- 7. Indonesia Market Analysis
- Indonesia nanocomposite market size (2024–2030)
- By value
- By volume
- Indonesia nanocomposite market share (2024–2030)
- By type
- By application
- By matrix
- By geography
- By company
- 8. Other Asian Countries Market Analysis
- Other Asian countries nanocomposite market size (2024–2030)
- By value
- By volume
- Other Asian countries nanocomposite market share (2024–2030)
- By type
- By application
- By matrix
- By geography
- By company
- 9. Competitive Intelligence
- Foster Corporation
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 2
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 3
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 4
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 5
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 6
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 7
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 8
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 9
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- 10. Appendix
- Primary research breakup
- List of interview participants
- Discussion guide
- Interview transcript
- About Market Krystal team
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