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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