Global Markets and Technologies for Nanofibers
The global market for nanofiber-based products increased from $128.3 million in 2011 to $151.7 million in 2012. The market is forecast to grow at a compound annual growth rate (CAGR) of 30.3% from 2012 to 2017, reaching a global revenue of $570.2 million by 2017.
- Analyses of global market trends, with data from 2010 to 2012, and projections of compound annual growth rates (CAGRs) through 2017.
- Examination of the commercial and public research activities in major regions of the world.
- Historical review of nanofibers, including an outline of recent events.
- Coverage of the industry structure, including a complete list of suppliers of nanofibers and descriptions of their products.
- Comprehensive company profiles of the top industry players and relative market shares for the leading companies.
SCOPE OF REPORT
This report provides an updated review of nanofiber technology, including materials and production processes, and identifies current and emerging applications for this technology.
BCC Research delineates the current market status for nanofiber-based products, defines trends and presents growth forecasts for the next five years. The nanofiber industry is analyzed based on the following segments: material, application and region. In addition, technological issues, including key events and the latest process developments, are discussed.
More specifically, BCC’s market analysis is divided into five sections.
In the first section, an introduction to the topic and a historical review of nanofibers are provided, including an outline of recent events. In this section, current and emerging nanofiber applications are also identified and grouped in segments (automotive and aerospace, consumer, defense and security, electronics, energy, mechanical/chemical, medical/biological/pharmaceutical, sensors and instrumentation, thermal and acoustic insulation, and others).
The second section provides a technological review of nanofibers. This section identifies traditional nanofiber materials and new materials, typical fabrication methods and recent process upgrades, and nanofiber applications by material type. This section concludes with an analysis of the most important technological developments since 2010, including examples of significant patents recently issued or applied for, as well as highlighting the most active research organizations operating in this field.
The third section entails a global market analysis of nanofiber products. Global nanofiber revenues (sales data in millions of dollars) are presented for each segment (material, application and region) with actual data from 2010 through 2012.
The analysis of current nanofiber revenues is followed by a detailed presentation of market growth trends, based on industry growth, technological trends, unit price trends and regional trends. The third section concludes by providing projected revenues for nanofiber-based products within each segment, together with forecast compound annual growth rates (CAGRs) for 2012 through 2017.
The fourth section, global industry structure, lists nanofiber suppliers with descriptions of their products. The analysis includes a description of the geographical distribution of these suppliers and an evaluation of other key industry players. Detailed company profiles of the top players are also provided.
The fifth and final section includes an extensive U.S. patent analysis, with a summary of patents related to nanofiber materials, fabrication methods and applications. The patents examined in this study were issued from 2010 through 2012. Patent analysis is performed by region, country, assignee, patent category, application and material type.
Margareth Gagliardi, Chief Research Analyst in Advanced Materials for BCC Research, has more than 30 years of experience in the field of advanced materials, specializing in ceramic formulations, materials processing, and new product development. After receiving her degrees in Chemical and Ceramic Engineering, she worked in both manufacturing and R&D holding senior management positions within U.S. and European firms producing electronic, mechanical, chemical, and structural components.
She is currently focusing on market intelligence and advanced technologies analysis for organizations and research institutions that operate within a range of high-tech industries.
- The global market for nanofiber products was worth $80.7 million in 2009, and is estimated to reach $101.5 million by the end of 2010. The market is forecast to grow at a compound annual growth rate (CAGR) of 34.3% through 2015, and at a 37.2% CAGR from 2015 through 2020, reaching nearly $2.2 billion in total revenues by 2020.
- The mechanical/chemical sector is estimated to account for 73.2% of all revenues in 2010, with a value of $74.3 million. This sector is forecast to grow at a compound annual growth rate (CAGR) of 33.4% from 2010 through 2015, and a CAGR of 35.3% from 2015 through 2020, to be worth an estimated $1.4 billion in 2020.
- Electronics is the fastest growing segment, increasing at a compound annual growth rate (CAGR) of 45.3% from 2010 through 2015, and a CAGR of 50.7% from 2015 through 2020. This segment is expected to be worth $6.4 million in 2010 and $323 million in 2020.
The global market for nanofibers increased from $43.2 million in 2006 to an estimated $48.0 million by the end of 2007. It should reach $176 million in 2012 and grow to $825 million by 2017, compound annual growth rates (CAGR) of 30% and 36%, respectively.
The mechanical/chemical sector is projected to account for 73.5% of total revenues in 2007. Other key sectors are energy and electronics.
Nanofibers are generating great interest in certain industry segments, where alternative materials are characterized by limited performance or much higher unit prices (a good example is the utilization of carbon nanofibers as an alternative to carbon nanotubes for electron emitters in flat panel displays).