Nanomaterials Market Size Global Report, 2022 - 2030
Nanomaterials Market Share, Size, Trends, Industry Analysis Report, 2022 - 2030

Nanomaterials Market Share, Size, Trends, Industry Analysis Report, By Application (Aerospace, Automotive, Medical, Energy & Power, Electronics, Paints & Coatings, Others), By Product; By Region; Segment Forecast, 2022 - 2030

  • Published Date:Jan-2022
  • Pages: 111
  • Format: PDF
  • Report ID: PM2239
  • Base Year: 2021
  • Historical Data: 2018 - 2020

Report Outlook

The global nanomaterials market was valued at USD 7.78 billion in 2021 and is expected to grow at a CAGR of 14.8% during the forecast period. Key factors that positively influence market growth include government financing and support for nanomaterials to support prospective growth, partnerships, and strategic alliances. In addition, in the forecast years, a fall in the price of nanomaterials will enhance the marketing of the forecasting years.

Nanomaterials Market SizeKnow more about this report: request for sample pages

Furthermore, mounting concerns about engineered nanomaterials' environmental impact and toxicity, as well as high processing costs and stringent government regulations, may hamper the industry in the forecasting years. Utilization across numerous end-use sectors, on the other hand, presents considerable opportunity for the global nanomaterials market throughout the forecast period.

Nanomaterials Market 2030

Know more about this report: request for sample pages

Industry Dynamics

Growth Drivers
Increasing nanomaterials applications and ongoing research & development for generating new and improved materials are driving the industry growth. The worldwide demand is being driven by such a number of factors including strong physio-chemical properties of nanoparticles, financial help from government organizations, and increasing application of these materials in healthcare and automotive, among others.

The constantly developing nanotechnology domains are also helping to drive the global market growth. Besides that, the rising usage of nano-medicine in the pharmaceutical domain and developing applications in the electronics industry are propelling the global nanomaterials market expansion in forecasting years. Furthermore, the rising availability of different techniques and tools for synthesizing nanomaterials, such as covalent synthesis and self-assembly, is boosting industry growth. They have a high surface-to-volume ratio, high porosity, and improved physicochemical characteristics, among other advantages.

Report Segmentation

The market is primarily segmented on the basis of product, application, and region.

By Product

By Application

By Region

  • Aluminum oxide nanoparticles
  • Antimony tin oxide nanoparticles
  • Bismuth oxide nanoparticles
  • Carbon nanotubes
  • Cerium oxide nanoparticles
  • Copper oxide nanoparticles
  • Titanium dioxide nanoparticles
  • Fullerene
  • Graphene
  • Silicon Dioxide
  • Others
  • Aerospace
  • Automotive
  • Medical
  • Energy & Power
  • Electronics
  • Paints & Coatings
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Know more about this report: request for sample pages

Insight by Product

The carbon nanotubes segment held the largest share in 2021. This is primarily due to its frequent application in lithium-ion batteries and is extensively absorbed in manufacturing supercapacitor electrodes. These tubes are also used as catalysts for electrode support in PEM fuel cells, owing to their high thermal conductivity and comparative high surface area. For its capacity to limit bacterial development and prevent the formation of new cell structures, titanium dioxide nanoparticles are predicted to see a considerable increase in demand. By 2028, the segment is anticipated to reach a significant amount of revenue, with a considerable increase expected during the forecast period.

Insight by Application

During the forecast period, the medical segment is expected to hold the largest share of the nanomaterials market. According to its wide variety of applications, such as imaging, targeted medication administration, nanorobots for surgery, nano diagnostics, cell healing, and nano biosensors, the medical application sector held a significant share in 2021 and is anticipated to expand significantly during the forecast period.

Rapid advancements in the electronics sector, driven by rising demand for high-tech goods, are expected to boost demand for nanomaterials throughout the projected period. Because of their high magnetic susceptibility, which offers an effective magnetic enhancement, nanomaterials are employed as coatings in printed electronics, nanoelectronics, and nano-electromechanical systems.

Geographic Overview

Geographically, in 2021, Asia Pacific had the highest market share. With increasing semiconductor manufacturing and rising product penetration, the region is anticipated to develop at the highest rate. Increased supply in micro-electronics and nano-electronics, the region is anticipated to rise at a high CAGR during the forecast period. Due to the existence of large developed and advanced economies such as the United States and Canada, North America's economy is very diverse. Over the forecast period, the increasing demand for nanomaterials in the area is anticipated to be driven by continued investments in nanoparticle research & development to explore potential product applications in different end-use sectors.

For instance, researchers at Michigan University have used carbon nanotubes, which are supposed to be light-weight, and have high tensile strength, to develop 3D printed nanocomposite polymeric ink. This ink has the potential to replace epoxies and could be widely used for other purposes.

Due to growing investments in technical breakthroughs for successfully capturing renewable energy and the ability of nanoparticles to enhance the efficiency of organic solar cells, Europe is predicted to reach a significant amount of revenue in 2028. Over the projected period, increasing usage of nanoparticles for the detection and treatment of various medical problems is expected to boost demand for the industry.

Due to the growing application scope of nanoparticles in different industries such as biomedical, energy, electronics, and wastewater treatment, the market for nanomaterials in the United States is expected to develop at the fastest rate in the country. Due to the various features of nanoparticles, such as a large surface area with decreasing particle size, the market is expected to grow throughout the projected period.

Competitive Insight

Some of the major players operating the market include Ahlstrom, BASF SE, Bayer AG, Cabot Corporation, Chasm Technologies Ltd., CNANO Technologies Ltd., Elmarco, Finetex ENE, Glonatech SA, Kuraray, Nanocyl SA, Nanoviricides, Showa Denko, Sumitomo, and Zyvex Technologies.

Nanomaterials Market Report Scope

Report Attributes


Market size value in 2021

USD 7.78 billion

Revenue forecast in 2030

USD 24.91 billion


14.8% from 2022 - 2030

Base year


Historical data

2018 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD million/billion and CAGR from 2022 to 2030

Segments covered

By Product, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Key companies

Ahlstrom, BASF SE, Bayer AG, Cabot Corporation, Chasm Technologies Ltd., CNANO Technologies Ltd., Elmarco, Finetex ENE, Glonatech SA, Kuraray, Nanocyl SA, Nanoviricides, Showa Denko, Sumitomo, and Zyvex Technologies.