Increase in Demand for Nano-Technology-Based Products Globally to Bolster the Growth of the Market

Published: Aug 2023

The global nanotechnology market is anticipated to grow at a CAGR of 14.9% during the forecast period (2023-2030). The increase in demand for nanotechnology in various industries on account of the utilization of products and their applications. Various researchers used the method to analyze a nanocomposite material known as polymer-grafted nanoparticle polymethacrylate (npPMA) composite. For instance, in July 2023, the National Institute of Standards and Technology invented a technique that fires microscale bullets into a small sample at speeds that are close to the speed of sound using a powerful laser. In order to analyze a variety of materials, including a widely used component for bulletproof glass, an innovative nanocomposite, and the robust, all-carbon nanomaterial known as graphene, the researchers developed a new approach. 

Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/nanotechnology-market

Thermoplastic compounds enhanced with graphene nanotubes demonstrate permanent, stable conductivity without any variations at the surface and with no adverse effects on mechanical or rheological properties. For instance, in January 2023, OCSiAl launches a concentration of graphene nanotubes made especially for TPU substances. The novel material gives polymers more electrical conductivity while preserving their mechanical qualities and having little effect on a high melt flow index (MFI). Through nanotechnology, ingredients have undergone an advanced particle size reduction process to give particle sizes of less than 50 nanometres. Such extremely small potent nano-particles are absorbed almost 20 times better and faster into the skin providing deeper skin penetration. This allows for greater spread across the target skin site and significantly improved bioavailability leading to quicker and more prominent results. For instance, in June 2022, ENTOD International Group launched nanotechnology-based under-eyes products. The eye gel is based on an innovative plant-based bio-cellular formula containing vitamin A, C, and E complex, anti-ageing antioxidants, skin brightening agents and naturally occurring ultra-moisturizing ingredients.  Nanoparticles can serve as pesticide or nutrient delivery systems for plants. When it comes to crop nutrition, the plant has extremely precise needs regarding the nutrient's availability to plants. Nano fertilizers can be prepared by entrapping these nutrients into nano polymers capsules or nano clay material or other nano templates and be delivered directly inside plants. For instance, in March 2023, Coromandel International Ltd. from its research and development facility at the Indian Institute of Technology, Bombay, a fertilizer based on nanotechnology, called Nano DAP, was created.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type

o By Technology

o By End-Users

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Cadence Design Systems, Inc., DuPont de Nemours, Inc., PPG Industries, Inc., Synopsys, Inc. and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Nanotechnology Market Report Segment

By Type

  • Nano Material
  • Nanocomposites
  • Nanofibers
  • Nanowires
  • Hybrid Nanomaterials
  • Nano Machine

By Technology

  • Dry Nanotechnology
  • Wet Nanotechnology

By End-Users

  • Electronics
  • Cosmetics
  • Food and Beverages
  • Pharmaceutical
  • Biotechnology
  • Environment
  • Energy and Utilities 
  • Other (Textile)

Global Nanotechnology Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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