Mexico Nanomaterials Market Size & Outlook, 2023-2030
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Mexico nanomaterials market highlights
- The Mexico nanomaterials market generated a revenue of USD 186.2 million in 2023 and is expected to reach USD 306.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, carbon nanotubes was the largest revenue generating material in 2023.
- Ti (Titanium) is the most lucrative material segment registering the fastest growth during the forecast period.
Nanomaterials market data book summary
| Market revenue in 2023 | USD 186.2 million |
| Market revenue in 2030 | USD 306.7 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Carbon nanotubes |
| Fastest growing segment | Ti (Titanium) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.5% of the global nanomaterials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. nanomaterials market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 7,540.7 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 |
Mexico 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.
Carbon nanotubes was the largest segment with a revenue share of 23.36% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico has a free-market economy, with private sector developing year after year. Over 50 countries have entered into free-trade agreements with Mexico. As with the majority of countries, Mexico places the development of nanotechnology as a priority in its plans of science, technology, and innovation.
The country is the second-largest provider of electronic goods to the American market. The electronics industry, which produces audio and video devices, telecommunications equipment, and computer equipment and parts, is one of Mexico's fastest developing industrial sectors in terms of export potential.
There is no institution or government program in Mexico that establishes standards for the development of nanotechnology. However, the country's closeness to the United States has allowed it to advance in this sector, as evidenced by the establishment of the Silicon Border Development Science Park in 2006. It is a large industrial high-tech science park located in Mexicali.
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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 country-level data and insights on the Mexico nanomaterials market , including forecasts for subscribers. This country databook contains high-level insights into Mexico nanomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico nanomaterials market size, by material, 2018-2030 (US$M)
Mexico Nanomaterials Market Outlook Share, 2023 & 2030 (US$M)
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