Market revenue in 2023 | USD 4,065.7 million |
Market revenue in 2030 | USD 9,847.5 million |
Growth rate | 13.5% (CAGR from 2023 to 2030) |
Largest segment | Carbon nanotubes |
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 |
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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 24.32% in 2023. Horizon Databook has segmented the North America 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 Nanomaterials industry in North America is mature, consolidated, and liberalized in terms of new technology implementation, which is done to improve efficiency of end products. Much of the region's growth can be attributed to North America's reputation as a manufacturing powerhouse.
Apart from federal investments, state governments and private companies are increasingly investing in developing novel applications of nanomaterials in biomedical, electronics and automotive domains for technological advancement and general societal welfare.
Nanomaterials are being used in semiconductor devices such as memory chips, and microprocessors, to improve the quality of display screens, reduce power consumption and thickness, and boost the clock speed of microprocessors while reducing their overall size, which results in the miniaturization of electronic devices.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America nanomaterials market , including forecasts for subscribers. This continent databook contains high-level insights into North America nanomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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