Polymer Nanofiber Market is projected to be worth USD 1260.2 million by 2030, registering a CAGR of 29.60% during the forecast period (2022 - 2030).
The market share of polymers is projected to rise USD 1260.2 million at a CAGR of 29.60% in the forecast period.
The diameter of polymer nanofibers is in the nanometer range. Moreover, polymer nanofibers have an extremely high surface-to-volume ratio. Several types of polymers are used in making these fibers. Some are naturally occurring, and others can be synthesized. These fibers have high specific areas, excellent porosities, and excellent flexibility in surface functionalities, which make them suitable for diverse applications in material reinforcement, sensor devices, catalysis, energy storage, filtration, and many others. Electrospinning is widely used to manufacture nanofibers, among the several fabrication techniques.
In the global market for Polymer Nanofibers, the key players are
Nanofibers are Increasingly used as Air and Liquid Filters
To increase the filtration capacity of filtration substrates, nanofibers are commonly used as coatings. Nanofibers, because of their physical characteristics, especially their high surface area and interconnections, do not allow bacteria, viruses, and dust particles to pass through. Water, drinks, blood, chemicals, petrol, and oil are all filtered with nanofibers in liquid filtration applications. A nanofiber is characterized by unique properties such as high porosity, an interconnected network of pores, and flexibility of design. With nanofiber substrates, energy savings, less pressure drop, and increased efficiency are achieved when compared to conventional filtration systems. In the forecast period, this factor is expected to drive the market.
In Medical Textiles, the Demand for Nanofibers will Increase
Nanofibers have a variety of unique characteristics that enable them to be used in many advanced textile applications. Nanofibers play a major role in achieving technical applications for medical textiles (Medtech). The key processes involved in the formation of core-shell, aligned, porous, composite, tubular, mechanical, and chemical nanofibers, are reviewed, including a brief explanation of the processes. Researchers are focusing on nanofibers as a suitable method and material for the medical textile industry, which enhances its horizons. For biomedical textile products used as scaffolds, the main concerns are biocompatibility, biodegradability, and mechanical properties. Due to the continuous nanofiber meshes that electrospun nanofibers provide, and the fact that these nanofibers mimic the extracellular matrix, electrospun nanofibers could be very suitable for medical textile applications. The nanofibers market is driven by this factor in the forecast period.
Neurotoxins are Posing Growing Environmental Concerns
There will be nano pollution as a result of nanofiber use. A nanoscopic device or material can produce byproducts or wastes called nano pollution. These products can contaminate and pollute water and air if they end up in landfills. Many environmentalists are also concerned about nano pollution, which has yet to be fully determined due to the emergence of nanotechnology. The small diameter of nanoparticles allows them to penetrate human cells and react with their DNA and molecular structure. Due to these dangers, strict regulations could be imposed on nanofiber manufacturers in the future, impacting the market growth in the forecast period.
Carbon nanofibers: Small Size and Complexity make it Difficult for them to be Transferred from the Lab to the Plant
A nanofiber's complex structure makes it difficult to shift from the laboratory scale to the plant scale, which is due to its small size. The market currently does not offer any technology to overcome this problem. Nanofibers' market growth will be constrained by this factor during the forecast period.
Using cellulose nanofibers (hereafter "CNF") made from pulp chemically processed by TEMPO catalytic oxidation, Nippon Paper Industries Co., Ltd launched highly effective deodorant sheets in September 2015. It has adopted functional cellulose nanofibers as a deodorant sheet for its new series of products, called Hada Care Acty, a brand featuring a deodorizing function at least three times more effective than conventional products.
We have segmented the Polymer Nanofiber market by type, application, and region.Following the method of classification, the global market is divided into electrospinning, thermal-induced phase separations (tipped), drafting, templates, and others.Market segments include filtration, medical, biotechnology, energy storage, and others, based on applicationPharma, textiles, food and beverage, electronics, biomedical, and others have been classified according to end-use industry.Markets for North America, Europe, Asia-Pacific, Latin America, and the Middle East, and Africa are categorized by region.Intended Audience● Traders and distributors of polymer nanofiber● Potential investors● Nationalized laboratory● Polymer nanofiber manufacturers● Distributors● Industry associationsRegional Analysis
Five regions are analyzed in the polymer nanofiber market report: North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.
The North American market for polymer nanofibers dominated the global market in 2018, accounting for a substantial share. Polymer nanofiber demand is driven by the pharmaceutical and biomedical industries in the developed world, coupled with the rise in implant consumption in the region. Because demand for quality products and technological advancements in the biotechnology field drive the demand for polymer nanofibers in the US, this country is a market leader in the region.
Throughout the forecast period, Asia-Pacific is projected to register the highest CAGR due to its rapid industrialization and urbanization. As the food and beverage industries grow, the increasing use of polymer nanofiber-based filtration techniques is expected to drive regional market demand. India and Southeast Asia are the region's fastest-growing markets, followed by China. During the first half of 2019, India saw an increase of 3.4% in industrial output, which is similar to the growth rate in China, according to the National Bureau of Statistics (NBS). Further, the growing market demand for polymer nanofibers in the region is being driven by environmental concerns and increasing government funding in the areas of renewable energy and environmental protection.
The medical applications of polymer nanofibers in Europe are also expected to proliferate during the forecast period. Also driving the regional market is the increased use of polymer nanofibers for gas storage, absorption, sensing, and other uses. Germany leads the region in terms of life sciences and pharmaceuticals due to its rapid development. The polymer nanofiber market is also booming in countries such as France, UK, and Russia.
The market for polymer nanofibers is expected to grow substantially in Latin America and the Middle East & Africa during the forecast period due to their application in oil and water separation and sorption processes.
September 24, 2021 -Gamma Biosciences is a leading life sciences company invested in Nirrin Technologies, a bioprocessing firm. The financial terms of the deal have not been revealed yet. Gamma will support Nirrin to help expand customer engagement with the manufacturers and developers of cell and gene therapies, vaccines, and biologics. Nirrin's bioprocessing platform utilizes back-end data processing and near-infrared spectroscopy for applications such as protein concentration and aggregation, cell density in-line measurements, and real-time glucose monitoring.October 2021- Revolution Fibres, a New Zealand-based nanofiber manufacturer, has announced rebranded to NanoLayr to signify its revolution into a global leader and deep tech manufacturer in high-performance functional textiles. Founded in 2009, Revolution Fibers is known for its advanced nanofiber technology with the use of a proprietary sonic electrospinning process that presents drops of a polymer solution to a high voltage field to produce nanofiber products including filter media for N99 and N95 face masks and collagen skincare product ActivLayr.Globally, the market for polymer nanofibers is expected to be driven by the demand for highly purified air, water, and chemicals in the pharmaceutical, biotechnology, and food and beverage industries. The use of nanofibrous polymers in these industries is widely used to produce high-quality products. Technological advancement in polymer nanofibers is further driving demand for polymer nanofibers in the medical sector, where they are being used as scaffolds to create an extracellular matrix for bone tissue engineering applications. Also, the advent of nanotechnology will spur the growth of polymer nanofibers during the forecast period as a novel interdisciplinary science.
Due to the high electrical conductivity of nanofibers in electronic industries, nanofibers are also being used as energy storage materials and in various other applications, including optical sensors, capacitors, transistors, and others. These factors provide ample opportunities for market players in the polymer nanofiber market.
Despite their favorable properties, polymer nanofibers are hindered by manufacturing issues as well as high production costs. Polymer nanofibers will also face competition from traditional polymeric filter media, which are cost-effective.
According to research findings on Nanofibers, clients' needs vary per region.
Defining the country-level and global competitiveness of the major players.
In addition to tables, forecasts, figures, and graphs providing a comprehensive overview of the Nanofibers market, the study provides significant information about the industry worldwide.
The report provides a segmentation of the overall global market segmented based primarily on completely separate categories.
In addition to providing an overview of annual sales, market share, major strategic possibilities, manufacturing capabilities, and favorable prospects, this report also examines risk factors and opportunities for the Nanofibers market.
A competitive analysis of nanofibers is also part of this report.
An in-depth analysis of the Nanofibers market, as well as profits estimates for the forecast years of 2021 to 2027, are provided in this report.
In the report, we evaluate the ability of customers to adapt to price changes in services and products.
|Market Size||USD 1260.2 million|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Types, end-use industry, and region|
|Geographies Covered||North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.|
|Key Vendors||eSpin Technologies (US), SNS Nano Fiber Technology (US), Ahlstrom Corporation (FINLAND), DuPont (US), Hollingsworth & Vose (US), Donaldson Company, Inc. (US), ACS Material (US), TEIJIN LIMITED (Japan), TORAY INDUSTRIES, INC. (Japan), and Catalytic Materials LLC (US).|
|Key Market Opportunities||The increasing use of nanofibers for energy storage and in various other applications especially in optical sensors, capacitors, transistors, and others|
|Key Market Drivers||The rising demand for highly purified air, water, and chemicals from pharmaceutical, biotechnology, and food & beverage industries|
The polymer nanofiber market is expected to grow at a CAGR of 29.60% between 2022-2030
The polymer nanofiber market is predicted to be dominated by North America.
There are several leading competitors in the polymer nanofiber market, including Catalytic Materials LLC (US), TORAY INDUSTRIES, INC. (Japan), TEIJIN LIMITED (Japan), ACS Material (US), Donaldson Company, Inc. (the US), Hollingsworth & Vose (US), DuPont (US), Ahlstrom Corporation (FINLAND), SNS Nano Fiber Technology (US), and eSpin Technologies (US).
In addition to energy storage and filtration, it finds extensive use in biotechnology and medical fields.
It may be challenging for the market to grow due to high production costs and issues associated with fabrication.