The “Global Nano-composites Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global nano-composites market is was evaluated at US$1,916.727 million in 2020. The market is expected to be driven by the increasing use of nanocomposites industries such as packaging, aerospace, automotive, electronics, energy, and others. The major advantage of nanocomposites is that exhibit better mechanical properties, enhanced optical properties, high ductility without the loss of strength, and has a high surface & volume ratio.
Increasing Demand in Aircraft and Aerospace Industry
The market is expected to be driven by the use of nanocomposites in aircraft manufacturing and construction. The advantage of nanocomposites is in their nature as they combine both the optimization of existing materials and the creation of novel materials. The increasing air passenger traffic is playing a major role in the surging number in the production of aircraft, worldwide. According to the World Bank, the number of air passenger traffic surged from 310 million in the year 1970 to 4.3 billion in the year 2019. Worldwide. In East Asia and the Pacific, the air passenger traffic was at 1.4 billion in the year 2019. In Europe and Central Asia, the air passenger traffic was at 1.13 billion in the year 2019. Due to the rise in air passenger traffic, manufacturers and major players have increased the production of capacity of passenger aircraft and other types of aircraft, worldwide. Boeing, one of the major aircraft manufacturers, announced that it had delivered 380 aircraft in the year 2019. Meanwhile, Airbus announced that it had achieved its annual record by delivering over 863 jets in the year 2019.
There have been various developments in the nanocomposites market in recent years for its use in aircraft and aerospace applications. In January 2021, Alpine Advanced Materials announced that it had been allowed Industrial Microbiological Services, to add antimicrobial coatings to the company’s HX5 lightweight aviation-grade thermoplastic nanocomposite material. When the company’s HX5 Composite material was coated with Signature Plating’s SignaShield Antimicrobial Clearcoat, the surface virtually eliminated all major and harmful microbes.
Major research and scientific institutions have been developing innovative and advanced nanocomposites materials for the market. In August 2020, Sheffield Hallam University, Composites Evolution and AIM Altitude had been backed by the Innovative UK, to develop nanocomposites materials for the market. The three of them, have been working in designing and incorporation a nanocomposite material for an airplane and aircraft’s interior. The team had already developed a thermosetting resin system, which would use in the production of glass fibers, using a hot-melting process. The team stated that the material exhibited excellent fire performance and exceptional mechanical properties. This successful conclusion of the project had been a major development for the future of the aircraft industry. In May 2020, a team of scientists at the International Advanced Research Center for Powder Metallurgy and new materials announced the development of size-selective deposition of nanocomposite coatings, which would be used in the reduction of friction of the dynamic systems in aircraft. The nanocomposite coatings could also tolerate corrosion better than any other wear-resistant coatings available in the market.
- Zyvex Technologies
- Powdermet Inc
- Nanocor Inc.
- Arkema Inc.
- Nanocyl SA
- Copper 3D
- Nanova Biomaterials
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Global Nano-Composites Market Analysis, By Material Type
5.4. Metal Oxide
5.5. Carbon Nanotubes
6. Global Nano-Composites Market Analysis, By End-User
6.3. Electronics and Semiconductor
7. Global Nano-Composites Market Analysis, by Geography
7.2. North America
7.3. South America
7.5. The Middle East and Africa
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. Zyvex Technologies
9.2. Powdermet Inc
9.3. Nanocor Inc.
9.4. Arkema Inc.
9.5. Nanocyl SA
9.6. Copper 3d
9.7. Nanova Biomaterials
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