Nanotechnology Market
Nanotechnology Market Size, Share & Trends Analysis Report by Type (Nano Material, Nanocomposites, Nanofibers, Nanowires, Hybrid Nanomaterials, Nano Machine), by Technology (Dry Nanotechnology and Wet Nanotechnology), and by End-Users (Electronics, Cosmetics, Food and Beverages, Pharmaceutical, Biotechnology, Environment, Energy and Utilities and Others), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Nanotechnology market is anticipated to grow at a CAGR of 14.9% during the forecast period (2023-2030). Nanotechnology involves the use of nanoparticles, products are used in a wide range of sectors, including the food industry, pharmacology, medicine, and cosmetology. They are also present in commonly used dietary supplements, hygiene products, and packaging materials. The delivery of healthcare services will change as more end-use industries, particularly the healthcare industry, employ nanomaterials. It has been proven that nanotechnology plays a significant role in medicine by enabling the prevention, diagnosis, and treatment of a number of medical conditions. The production of nanoscale materials for use in healthcare and other industrial applications, including the delivery of drugs, water purification, data management, and other specialities, have all been demonstrated to be advantages of nanotechnologies. For instance, in June 2022, Versarien® Technologies Ltd. announced the launch of a new hybrid nanomaterial based on graphene that exhibits superparamagnetic characteristics has been introduced. The novel material has a variety of uses, including wastewater treatment, healthcare, and defence.
Segmental Outlook
The global nanotechnology market is segmented on the type, technology, and end-users. Based on the type, the market is sub-segmented into nanomaterial, nanocomposites, nanofibers, nanowires, hybrid, nanomaterials, and nanomachine. Based on the technology, the market is sub-segmented into dry nanotechnology and wet nanotechnology. Further, on the basis of end-users, the market is sub-segmented into electronics, cosmetics, food and beverages, pharmaceutical, biotechnology, environment, energy and utilities and others (textile). Among the types, the hybrid nanomaterials sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of extraordinary physical and chemical properties derived from their size in the nanoscale. To produce biomimetic approaches to create unique materials derived from the requirements of emerging technologies that lead to the development of a current driving force to perform unprecedented research of materials, devices, and applications.
The Pharmaceutical Sub-Segment is Anticipated to Hold a Considerable Share of the Global Nanotechnology Market
Among the end-users, the pharmaceutical sub-segment is expected to hold a considerable share of the global nanotechnology market. The segmental growth is attributed to the growing influence of the development of pharmaceutical nanomedicines for translation into products manufactured by local pharmaceutical companies. Pharmaceutical nanomedicine products are projected to play a major role in the global pharmaceutical market and healthcare system. According to the National Institute of Health (NIH), in October 2019, Oncology (53.0%) and radiation oncology (43.0%) were the medical specialities that used nanotechnology the most, followed by radiology (23.0%), surgery (16.0%), neurology (13.0%), cardiology (11.0%), and infectious disease (10.0%). Rheumatology (1.0%), nephrology (1.0%), and gastroenterology (6.0%) are behind.
Regional Outlook
The global nanotechnology market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the high demand for various electronics, medical equipment, textiles, and automotive products that have led to the higher demand for nanomaterials in the manufacturing of these products. The key players include Nanofilm Technologies International Ltd., Nanosonics, Nanjing High Technology Nano Material Co., Ltd., Nanogreen Biotech Co., Ltd and others.
Global Nanotechnology Market Growth, by Region 2023-2030
The North America Region is Expected to Grow at a Significant CAGR in the Global Nanotechnology Market
Among all regions, the North America region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the increase in the demand for lighter and more efficient aircraft has boosted the rapid adoption of nanomaterials in aircraft manufacturing. Nanomaterials are being widely used on a huge scale in aerospace parts manufacturing, including glass, aerostructure, and textile, to enhance an aircraft's safety, comfort, and affordability. It is projected that nanomaterials will become more prevalent in aerospace applications owing to their high strength, lightweight, and quick operation. This component so drives market expansion.
The adoption of nanotechnology in the region is owing to the rising use of nanotechnology in medical imaging and diagnosis. The use of nanotechnology for the prevention, detection, and diagnosis of a wide range of diseases, including cancer cause market growth. It helps in prediction, diagnosis, medicine, personalized therapy, and cancer prevention. Thus, this factor is helping in improving the market growth. Various key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration and business expansion to increase the nanotechnology market in the region. For instance, in December 2022, BNNano, Inc. of Burlington, North Carolina and TruSpin Nanomaterial Innovation (“TruSpin”), of Birmingham, Alabama, announced a strategic partnership in the pursuit of new materials and solutions for the purification of water, beginning with the capture and removal PFAS and FPOA, also known as “Forever Chemicals”.
Market Players Outlook
The major companies serving the nanotechnology market include Cadence Design Systems, Inc., DuPont de Nemours, Inc., PPG Industries, Inc., Synopsys, Inc. and others. The market players are considerably contributing to the market growth by adopting various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2022, Merck, a science and technology company, announced the closing of the transaction to acquire Exelead, following regulatory clearances and the fulfilment of other customary closing conditions, for approximately $780 million in cash. Exelead, a biopharmaceutical CDMO, specializes in PEGylated products and complex injectable formulations, including Lipid Nanoparticle (LNP) based drug delivery technology.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global nanotechnology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Cadence Design Systems, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. DuPont de Nemours, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. PPG Industries, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Nanotechnology Market by Type
4.1.1. Nano Material
4.1.1.1. Nanocomposites
4.1.1.2. Nanofibers
4.1.1.3. Nanowires
4.1.1.4. Hybrid Nanomaterials
4.1.2. Nano Machine
4.2. Global Nanotechnology Market by Technology
4.2.1. Dry Nanotechnology
4.2.2. Wet Nanotechnology
4.3. Global Nanotechnology Market by End-Users
4.3.1. Electronics
4.3.2. Cosmetics
4.3.3. Food and Beverages
4.3.4. Pharmaceutical
4.3.5. Biotechnology
4.3.6. Environment
4.3.7. Energy and Utilities
4.3.8. Other (Textile)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3M Company
6.2. AEB Group
6.3. Agilent Technologies, Inc.
6.4. Analog Devices, Inc.
6.5. ANSELL Ltd.
6.6. Applied Materials, Inc.
6.7. Bruker
6.8. Eurofins Scientific
6.9. General Electric Company
6.10. Honeywell International Inc.
6.11. Lakeland Inc
6.12. Malvern Panalytical Ltd.
6.13. Nanoscience Instruments, Inc
6.14. Nanosurf AG
6.15. Sioen Industries
1. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
2. GLOBAL NANO MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL NANOCOMPOSITES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL NANOFIBERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL NANOWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL HYBRID NANOMATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL NANO MACHINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
9. GLOBAL DRY NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL WET NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
12. GLOBAL NANOTECHNOLOGY FOR ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL NANOTECHNOLOGY FOR COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL NANOTECHNOLOGY FOR FOOD AND BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL NANOTECHNOLOGY FOR PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL NANOTECHNOLOGY FOR BIOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL NANOTECHNOLOGY FOR ENVIRONMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL NANOTECHNOLOGY FOR ENERGY AND UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. GLOBAL NANOTECHNOLOGY FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
21. NORTH AMERICAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. NORTH AMERICAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
23. NORTH AMERICAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
24. NORTH AMERICAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
25. EUROPEAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. EUROPEAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
27. EUROPEAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
28. EUROPEAN NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
29. ASIA- PACIFIC NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
30. ASIA- PACIFIC NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
31. ASIA- PACIFIC NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
32. ASIA- PACIFIC NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
33. REST OF THE WORLD NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
34. REST OF THE WORLD NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
35. REST OF THE WORLD NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
36. REST OF THE WORLD NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
1. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022 VS 2030 (%)
2. GLOBAL NANO MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
3. GLOBAL NANOCOMPOSITES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
4. GLOBAL NANOFIBERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
5. GLOBAL NANOWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
6. GLOBAL HYBRID NANOMATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
7. GLOBAL NANO MACHINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
8. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022 VS 2030 (%)
9. GLOBAL DRY NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
10. GLOBAL WET NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
11. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022 VS 2030 (%)
12. GLOBAL NANOTECHNOLOGY FOR ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
13. GLOBAL NANOTECHNOLOGY FOR COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
14. GLOBAL NANOTECHNOLOGY FOR FOOD AND BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
15. GLOBAL NANOTECHNOLOGY FOR PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
16. GLOBAL NANOTECHNOLOGY FOR BIOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
17. GLOBAL NANOTECHNOLOGY FOR ENVIRONMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
18. GLOBAL NANOTECHNOLOGY FOR ENERGY AND UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
19. GLOBAL NANOTECHNOLOGY FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
20. GLOBAL NANOTECHNOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
21. US NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
22. CANADA NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
23. UK NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
24. FRANCE NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
25. GERMANY NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
26. ITALY NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
27. SPAIN NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF EUROPE NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
29. INDIA NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
30. CHINA NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
31. JAPAN NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
32. SOUTH KOREA NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
33. REST OF ASIA-PACIFIC NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
34. REST OF THE WORLD NANOTECHNOLOGY MARKET SIZE, 2022-2030 ($ MILLION)
