Asia Pacific Nanomaterials Market Size & Outlook
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Asia Pacific nanomaterials market highlights
- The Asia Pacific nanomaterials market generated a revenue of USD 4,784.0 million in 2023.
- The market is expected to grow at a CAGR of 17.7% from 2024 to 2030.
- In terms of segment, ti (titanium) was the largest revenue generating material in 2023.
- Ti (Titanium) is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 4,784.0 million |
| Market revenue in 2030 | USD 14,966.0 million |
| Growth rate | 17.7% (CAGR from 2023 to 2030) |
| Largest segment | Ti (titanium) |
| Fastest growing segment | Ti (Titanium) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Au (Gold), Ag (Silver), Fe (Iron), Cu (Copper), Pt (Platinum), Ti (Titanium), Ni (Nickel), Aluminum Oxide, Antimony Tin Oxide, Bismuth Oxide, Carbon Nanotubes |
| Key market players worldwide | Air Products & Chemicals Inc, Nanoco Group PLC, Frontier Group Holdings Inc, Nanophase Technologies Corp, Cytokinetics Inc, Quantum Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.5% of the global nanomaterials market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,966.0 million by 2030.
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Nanomaterials Market Scope
Nanomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Quantum Corp | View profile | 850 | 224 Airport Parkway, Suite 550, San Jose, CA, United States, 95110 | https://www.quantum.com |
| Nanophase Technologies Corp | View profile | 79 | 1319 Marquette Drive, Romeoville, IL, United States, 60446 | https://www.nanophase.com |
| Frontier Group Holdings Inc | View profile | 7675 | 4545 Airport Way, Denver, CO, United States, 80239 | https://www.flyfrontier.com |
| Nanoco Group PLC | View profile | 37 | The Heath Business & Technical Park, Heath Road South, Science Centre, Runcorn, United Kingdom, WA7 4QE | http://www.nanocotechnologies.com |
| Cytokinetics Inc | View profile | 564 | 350 Oyster Point Boulevard, South San Francisco, CA, United States, 94080 | https://www.cytokinetics.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
Asia Pacific nanomaterials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nanomaterials market will help companies and investors design strategic landscapes.
Ti (titanium) was the largest segment with a revenue share of 23.87% in 2023. Horizon Databook has segmented the Asia Pacific nanomaterials market based on au (gold), ag (silver), fe (iron), cu (copper), pt (platinum), ti (titanium), ni (nickel), aluminum oxide, antimony tin oxide, bismuth oxide, carbon nanotubes covering the revenue growth of each sub-segment from 2018 to 2030.
The substantial growth of electronics, medical equipment, aerospace & defense, textiles, and automotive industries in Asia Pacific is expected to fuel the demand for nanomaterials in the region. Several multinational companies are investing in the nanomaterials market.
A leading developer and manufacturer of proprietary advanced materials hybridized at the nanoscale, entered a strategic partnership to commercialize novel nanomaterials to benefit various market segments including high-performance tires, conductive plastics, novel coatings, and next generation batteries. Such investments are propelling the growth of the nanomaterials market in the region.
Rising product demand from microelectronics and nanoelectronics on account of increasing usage of advanced devices is anticipated to augment the market growth. Key players in the electronics industry including Intel, Siltronic AG, and Qualcomm are investing heavily in research & development activities related to nanoelectronics and their application in various electronic devices.
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Our clientele includes a mix of nanomaterials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nanomaterials market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nanomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific nanomaterials market size, by country, 2018-2030 (US$M)
Asia Pacific Nanomaterials Market Outlook Share, 2023 & 2030 (US$M)
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