Nanotechnology Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031


Posted September 10, 2024 by Tan8121

Nanotechnology market is anticipated to grow at a CAGR of 14.9% during the forecast period (2023-2030).

 
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.

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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.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

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)

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.

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Last Updated September 10, 2024