Non-Polymeric Organic Nanomaterials Market - Forecast(2023 - 2028)

Non-Polymeric Organic Nanomaterials Market size is forecast to reach $XX billion by 2025, after growing at a CAGR of 16% during 2020-2025, owing to the increasing demand of non-polymeric organic nanomaterials from various end use industries such as electronics, medical, optoelectronics, automotive and energy, as it is one of the most effective method to make materials stronger, lighter, durable, and reactive. The non-polymeric organic nanomaterials market is witnessing an increase its demand due to its exceptional characteristics such as flame retardancy, chemical resistance, surface appearance, optical clarity and dimensional stability, which is anticipated to drive the non-polymeric organic nanomaterials market substantially during the forecast period.

The report: “Non-Polymeric Organic Nanomaterials Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the non-polymeric organic nanomaterials Industry. 

By Product Type: Carbon Black, Carbon Nanotubes, Aptamers, Small Molecules of OLED, Activated Carbon, Carbon Nanotube Composites, and Others

By End Use Industry: Healthcare & Life Science (Drug Delivery System, and Others), Aerospace & Automotive (Interior, and Exterior), Air & Water Treatment (Nanofiltration, Water Disinfection, Adsorption of Toxic Gases, and Others), Electronics (Mobiles, Li-Ion Batteries, Transistors, and Others), Cosmetics (Sunscreen, Hair Care, Nails, and Others), Agriculture, Sports, and Others

By Geography: North-America, South-America, Europe, Asia Pacific, and RoW

The carbon nanotubes (CNT) segment holds the largest share in the non-polymeric organic nanocomposites market in 2019, owing to its extensive properties such as high thermal conductivity, electrical conductivity, elasticity, tensile strength, flexibility, electron field emitter and low thermal expansion coefficient. Carbon nanotubes are able to absorb or conjugate a wide variety of therapeutic molecules such as drugs, proteins, antibodies, DNA and enzymes as it possess high surface area, excellent chemical stability and rich electronic polyaromatic structure. There is an increasing demand for carbon nanotubes for applications such as field emission, energy storage, conductive adhesives, molecular electronics, catalyst supports, water filtration, plastics and biomedical, which will drive the non-polymeric organic nanocomposites market during the forecast period.

 

The electronics segment holds the largest share in the non-polymeric organic nanomaterials market in 2019 and is growing at a CAGR of 16.4%, owing its extensive application in electronic industries as sensor materials for pressure due to its several characteristics, such as electrical and thermal conductivity, magnetic properties and mechanical strength. Heat dissipation in electronic devices requires interface materials with high thermal conductivity and therefore carbon based non-polymeric organic nanomaterials have been designed to boost the thermal, electrical and mechanical properties. The non-polymeric organic nanomaterials enhances the electrical conductivity in ceramics, increases the electric resistance in nano metals which makes it unique to be extensively used in the electronic materials such as sensor fabrication, electromagnetic interference shielding, transistors, optoelectronics, hard disk, flash memory chips, batteries, capacitors and memory chips, which is driving non-polymeric organic nanomaterials market growth.

North America region holds the largest share in the non-polymeric organic nanomaterials market in 2019 up to 30%, owing to support from the national governments and investment in the respective domestic markets in the region. The rising application of non-polymeric organic nanomaterials in various end-use industries such as electronics, automotive, and pharmaceuticals in U.S., Canada and Mexico is the main factor behind the dominance of the North America nanomaterials market. National Nanotechnology Institute, U.S. Government Research & Development initiatives have invested nearly $29 billion since the inception of the NNI in 2001. In 2018 DigiLens, Silicon Valley startup took $60 million in funding to develop nanomaterials and to make heads up displays (HUDs) better. In 2017, the federal agencies such as National Institutes of Health (NIH), National Science Foundation (NSF) and National Institute of Standards and Technology (NIST) allocated funds to National Nanotechnology Institute (NNI), for the research and development of nanotechnology. All these initiatives are growing the non-polymeric organic nanomaterials market in the region.

The implementation of non-polymeric organic nanomaterials is increasing in the automotive industry owing to their superior mechanical properties and light weight. These properties encouraged automotive sector to use non-polymeric organic nanomaterials for designing and manufacturing of car interiors and exteriors. The nanomaterials are widely used in automobiles to reduce the aluminum engine weight, for better grip and low rolling resistance and in Li-ion batteries to shorten recharge time, increase the tensile strength and to reduce the weight of automobiles. These advantages is increasing the adoption of non-polymeric organic nanomaterials in the automotive industry, and hence fueling the market growth. Non-polymeric organic nanomaterials are also used in aerospace applications such as equipment enclosures, aircraft interiors, coatings, cockpit, crew gear, space durable mirrors, nozzles and solar array substrates, since lightweight and high performance is of prime importance in aerospace structures.

Non-polymeric organic nanomaterials are being widely used in medicine and pharmaceuticals for the sensitive detection of key biological molecules, more precise and safer imaging of diseased tissues, and novel forms of therapeutics because of their mechanical, optical, electrical and chemical behaviors. Number of nanomaterials based therapeutic and diagnostic agents have been developed for the treatment of cancer, diabetes, pain, asthma, allergy and infections, because of which nanomaterials market is growing. Researchers at North Carolina State University are developing a method to deliver cardiac stem cells to damaged heart tissue for increasing the amount of stem cells delivered to an injured tissue. Also, researchers at Worcester Polytechnic Institute developed antibodies attached to carbon nanotubes in chips to detect cancer cells in the blood stream. The researchers claim that this could provide early detection of cancer cells in the bloodstream, which will acts as driver for the non-polymeric organic nanomaterials market.

Non-polymeric organic nanomaterials such as carbon black particles are often coated with other chemicals making them more hazardous than commercially produced pure carbon black. Carbon black particles on inhaling can irritate the lungs and cause coughing while irritating the eyes, nose and throat. When people are exposed to high levels of carbon black over many years, the particles may lodge deep in their lungs, which may lead to bronchitis and eventually to a chronic condition called "obstructive pulmonary disease. Also, longer fibers of non-polymeric organic nanomaterials such as carbon nanotubes can make their way far into the lungs, which in the worst case can cause mesothelioma - a cancer in the tissue that lines the lung. All these Health risks may restrain the non-polymeric organic nanomaterial market.

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the non-polymeric organic nanomaterials market. In 2019, the market of non-polymeric organic nanomaterials has been consolidated by the top five players accounting for xx% of the share. Major players in the non-polymeric organic nanomaterials market are Arkema S.A., Arry International Group Limited, Cabot Corporation, Carbon Solutions Inc., Jiangsu Cnano Technology, Covestro AG, DexMat Inc., Nanocomp Technologies Inc., Future Carbon Ltd., Hyperion Catalysis International Inc., Global Graphene Group, Nanocyl SA, Showa Denko K. K. and US Research Nanomaterials Inc.