Nanotechnology in Energy Applications

Report Code: NAN044D

Publish Date: Aug 2023

Publisher: BCC Publishing

Category: Nanotechnology

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Report Highlights

The global nanotechnology in energy applications market should reach $18.8 billion by 2028 from $9.3 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% for the forecast period of 2023 to 2028.

Report Includes

  • 33 tables and 62 additional tables
  • Detailed overview and an up-to-date analysis of the global market for nanotechnology in energy applications
  • Analyses of the global market trends, with market revenue (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
  • Estimation of the actual market size and revenue forecast for global nanotechnology in energy applications market, and corresponding market share analysis based on material, application, and region
  • Characterization and quantification of the market potential for each short-listed nanoscale materials and devices used in energy production or conservation applications, and identification of the main prerequisites that are still under development for commercial success
  • A look at various factors involved in driving product demand in conjunction with trends, potential sales, and forecasts for major energy source markets and specific geographical markets
  • Identification of nanotechnology applications that are currently in commercial use or are likely to be commercialized by 2028
  • Estimation of potential net impact of nanoscale materials and devices on the global energy balance
  • Detailed understanding of the importance of ESG in the nanotechnology in energy industry, key issues in implementing ESG principles, standard ESG practices by companies, as well as the current status and future of ESG considerations in nanotechnology for energy applications
  • Review of key patent grants on nanotechnology applications in energy sector, and new and emerging developments in the global market
  • Updated information on recent industry acquisitions, partnerships, agreements, collaborations, and other strategic alliances in the global nanotechnology in energy applications market
  • Identification of major stakeholders and analysis of the company competitive landscape based on their recent developments, financial performance, segmental revenues, and operational integration
  • Descriptive company profiles of the leading global players of the industry, including A123 Systems LLC, The Chemours Co., Honeywell International Inc., Nanosolar Inc. and Solaronix

Report Scope

This report examines nanotechnology in energy industry applications. Definitive and detailed estimates and forecasts of the global market are provided, followed by a detailed analysis of the nanomaterials, energy application and regions. Ongoing market trends, growth drivers and challenges impeding the market are discussed. The report will analyze global nanotechnology in energy markets by material, applications and geography. It will also focus on the regulations and government-supported programs impacting this market. Regionally, the focus of study will be the markets of North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

The report focuses on the global market for nanoscale materials (e.g., nanopowders, nanocomposites, nanoscale thin films, and others) and devices (e.g., nanosensors) used in renewable and nonrenewable energy production (e.g., petroleum refining, solar energy) and energy storage (e.g., batteries and fuel cells). In the other types of applications (e.g., energy transmission, energy conversion, energy end uses), nanotechnology consumption is almost negligible.

The report concentrates on nanotechnology applications that are currently in commercial use or are likely to be commercialized by 2028. Other applications that, while promising, are not likely to make it out of the laboratory by 2028, are not covered in depth. It is worth noting that, unlike the previous versions of this report, these figures do not include consumption of industrial enzymes, as enzymes are not included in most assessments of the overall nanomaterials market.

The report does not cover nanoscale materials and devices used to monitor and/or control the environmental impacts of energy production or uses such as nanomaterials in automotive catalytic converters. These technologies are outside the scope of this study and are covered in detail in several other BCC Research reports such as report NAN039C, Nanotechnology in Environmental Applications.

Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 to 2028. The market size for different regions (regions by application) will also be covered. The impact of COVID-19 was also considered when deriving market estimations. Sales value estimates are based on prices in the supply chain. Market-driving forces and industry structure are examined. International aspects are analyzed for all global regions.

In 2020, the growth rate of global manufacturing industries was severely affected by the COVID-19 pandemic. The pandemic halted progress in every regional economy. Governments took measures to contain the economic slowdown.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $8.3 billion
Market size forecast $18.8 billion
Growth rate CAGR of 15.0%
Units considered $ Millions
Segments covered material, application, and region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (ROW)
Key Market Drivers
  • Increasing Need for Energy Security
  • Carbon Footprint Reduction
  • Government Initiatives and Policies to Promote Nanotechnology in Energy Applications
  • Oil and Gas Industry Growth in North America
  • European Manufacturing
  • Reaching Cost Reduction and Scalability
Companies studied
A123 SYSTEMS LLC.ANP CORP.
ALTAIRNANOASPEN AEROGELS INC.
BLACK DIAMOND STRUCTURES LLC.JIANGSU CNANO TECHNOLOGY CO. LTD
THE CHEMOURS CO.FORGE NANO
HE3DA S.R.O.HONEYWELL INTERNATIONAL INC.
HYPERION CATALYSIS INTERNATIONAL INC.MACH I INC.
MEDIA AND PROCESS TECHNOLOGY INC.NANOPHASE TECHNOLOGIES CORP.
NANOSOLAR INC.NANO TECH CO. LTD.
NEI CORP.QD SOLAR INC.
SUZHOU SINLION BATTERY TECH CO. LTD.SOLARONIX S.A.
ZEOLYST INTERNATIONAL
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Frequently Asked Questions (FAQs)

The nanotechnology in energy applications market is projected to grow from $8.3 billion in 2022 to $18.8 billion in 2028, at a compound annual growth rate (CAGR) of 15.0% during the forecast period.
The key factors driving the growth of thermal and biological waste to energy market includes:
  • Increasing Need for Energy Security
  • Carbon Footprint Reduction
  • Government Initiatives and Policies to promote Nanotechnology in Energy Applications
  • Oil and Gas Industry Growth in North America
  • European Manufacturing
  • Reaching Cost Reduction and Scalability
The nanotechnology in energy applications market is segmented on the basis of material, application, and by region. By material it is segmented into solid nanoparticles, nanostructured monolithics, nanothin films, nanocomposites and nanosensors. By application the market is segmented into petroleum refining, fuel cells, energy storage devices, solar photovoltaics and synthetic hydrocarbon fuels. Furthermore, Solar PV is sub-segmented into Solid nanoparticles (TiO2 nanoparticles, Quantum dots) and Nanocomposites (CdSe/P3HT nanocomposites, MEH-PPV/PbS nanocomposites) By region it is segmented into Asia-Pacific, North America, Europe and Rest of the World.
Nanostructured monolithics segment will dominate the market by the end of 2028.
Key companies in the market includes A123 Systems LLC., Advanced Nano Products, Altairnano, Aspen Aerogels, Black Diamond Structures, Jiangsu Cnano Technology, The Chemours Company, Forge Nano., Honeywell International., Hyperion Catalysis International, Media and Process Technology, Nanophase Technologies Corporation, Nanosolar, QD Solar Inc., NEI Corp., among others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Nanotechnology in Energy Applications205Free
Chapter- 1: Introduction13Free
Chapter- 2: Summary and Highlights4Free
Chapter- 3: Market Overview16Free
Chapter- 4: Market Dynamics21Free
Chapter- 5: Market by Material20Free
Chapter- 6: Market by Application30Free
Chapter- 7: Market by Region11Free
Chapter- 8: ESG Development20Free
Chapter- 9: Emerging Technologies and Developments7Free
Chapter- 10: Patent Analysis4Free
Chapter- 11: M&A and Venture Funding Outlook5Free
Chapter- 12: Competitive Intelligence5Free
Chapter- 13: Company Profiles44Free
Chapter- 14: Appendix: Abbreviations5Free
Published - May-2019| Analyst - Stephane Pleutin| Code - NAN044C

Report Highlights

The global market for nanotechnologies in energy applications should grow from $5.7 billion in 2018 to reach $10.0 billion by 2023 at a compound annual growth rate (CAGR) of 12.0% for the period of 2018-2023.

Report Includes

  • 65 data tables and 15 additional tables
  • An overview of the global market for nanoscale materials (nanopowders, nanocomposites, nanoscale thin films, and others) and devices (nanosensors)
  • Analyses of global market trends, with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
  • Discussion of nanotechnology applications that are currently in commercial use or are likely to be commercialized in the next five years
  • An in-depth technology review and a detailed patent analysis
  • Profiles of major companies of the industry, including Altair Nanotechnologies Inc., Dow Chemical Co., Honeywell UOP, Johnson Matthey, Plc and Mach 1 Inc.
Published - Feb-2013| Analyst - Andrew McWilliams| Code - NAN044B

Report Highlights

BCC Research estimates the total energy-related market for nanotechnologies at nearly $8.8 billion in 2012 and $15 billion in 2017, a five-year compound annual growth rate (CAGR) of 11.4% through 2017.

Report Includes

  • An overview of the global market for nanoscale materials (nanopowders, nanocomposites, nanoscale thin films, and others) and devices (nanosensors).
  • Analyses of global market trends, with data from 2011and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
  • Discussion of nanotechnology applications that are currently in commercial use or are likely to be commercialized in the next five years.
  • An in-depth technology review and a detailed patent analysis.
  • Comprehensive company profiles for major players.
Published - Mar-2007| Analyst - Andrew McWilliams| Code - NAN044A

Report Highlights

  • The total energy-related market for nanotechnologies at about $4.35 billion in 2006, a figure that is expected to climb to $4.73 billion in 2007 and $7.12 billion in 2012, a CAGR of 8.4% over the next five years.
  • If enzymes were excluded, the market of nanotechnologies in energy applications would be worth $1.83 billion in 2006, rising to $1.95 billion in 2007 and $3.78 billion in 2012.
  • Industrial enzymes dominate the market, with a 57.8% market share in 2006, declining somewhat to 46.9% by 2012. Nanostructured monolithics, of which zeolite refinery catalysts are the most important sub-segment, had the second largest market share (34.6%) in 2006. Nanostructured monolithics' share of the market is projected to increase slightly to 36.3% by 2012.

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