US Plastic Nanocomposites, 2024-2030

Nanocomposites consist of nanoscale fibers held in a continuous phase called a matrix or resin. Thus, the plastic nanocomposites are obtained by nanoparticles embedded in plastic resin. Nanocomposites play an important role in improving various properties such as mechanical properties including strength, modulus and dimensional stability, electrical conductivity, flame retardancy, thermal stability, chemical resistance, and so on. These are primarily utilized in the automotive industry, defense, consumer goods, construction, energy and electronics and electrical industry. Moreover, there is a significant rise in the usage of nanocomposites in the building & construction fields.

The United States plastic nanocomposites market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the US plastic nanocomposites market is growing at a fast pace and increasing its geographical footprint rapidly. The US plastic nanocomposites market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.

Plastic nanocomposites act as potential fire resistant and this factor is expected to drive the market growth. Additionally, nanocomposite materials are used for food packaging which is also expected to magnify the market growth.The high cost factor is likely to be the major restraint for the market growth.

Plastic nanocomposites has remarkable usage across all major regions in the US including west, southwest, northeast, southeast, and mid. North America serves large number of manufacturers and is hence responsible for the growth of plastic nanocomposites market. The leading manufacturers in the US plastic nanocomposites market are Arkema SA, BASF SE, Foster Corporation, Hybrid Plastics Inc., and so on.

Research Methodology

The research procedure begins with the bifurcation of various market segments of US plastic nanocomposites market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across plastics nanocomposites industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the US plastic nanocomposites industry dynamics
• Estimation of the present US plastic nanocomposites market size in terms of value and volume
• The US plastic nanocomposites market breakup based on type and application
• Substantiated the US plastic nanocomposites market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of the US plastic nanocomposites industry value chain