Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Nanofiber Market size was valued at US$ 8,03.5 million in 2023 and is expected to reach a value of US$ 2,098.6 million by 2030, growing at a CAGR of 15.7% from 2024 to 2030. A nanofiber is a fibre having a diameter of less than one micrometre. These fibres increase filtration effectiveness while just slightly reducing permeability. One of the key drivers of the growth of the nanofiber market is the speed at which industrialization is occurring, as well as the increasing commercialization of nanofiber products with rising industrial applications, ongoing technological innovation initiatives, and rising R&D expenditures.
The global market provides a detailed overview which has been segmented by product type and end user. By product type, the market has been segmented into Polymeric Nanofiber, Metallic Nanofiber, Glass Nanofiber, Composite Nanofiber, Ceramic Nanofiber, Carbon Nanofiber, and Other Types. The Polymeric Nanofiber segment is likely the most significant and fastest-growing segment in terms of product type. Based on the end user, the Nanofiber is segmented into Aerospace and Aviation, Automotive, Chemical, Composites, Defense and Security, Electronics, Energy, Healthcare and Biomedical, Textile, and Other End-user Industries. According to Precision Business Insights, the Electronics segment is predicted to register the fastest growth rate during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
15.7%Largest Market
Asia PacificFastest Growing Market
North America
A large portion of the market growth has been attributed to the growing use of inexpensive polymers to create nanocomposites. Additionally, the market is predicted to be driven by changes in consumer and product trends.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 8,03.5 million |
Market Size in 2030 |
US$ 2,098.6 million |
Market CAGR |
15.7% |
By Type |
|
End User |
|
By Region |
|
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The nanofiber market size was valued US$ 8,03.5 million in 2023 and projected to reach US$ 2,098.6 million by 2030 at a CAGR of 15.7% from 2024-2030.
The nanofiber market key players are: Ahlstrom-Munksjo Asahi Kasei Corporation Donaldson Company, Inc. DuPont Elmarco S.R.O. Espin Technologie eSpin Technologies Inovenso Mempro Ltd. Parker Hannifin Toray Industries, Inc.
The nanofiber market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive Summary |
2. Global Nanofiber Market Introduction |
2.1. Global Nanofiber Market Taxonomy |
2.2. Global Nanofiber Market Definitions |
2.2.1. By Product Type |
2.2.2. By End User |
2.2.3. By Region |
3. Global Nanofiber Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Nanofiber Market Dynamic Factors - Impact Analysis |
3.6. Global Nanofiber Market Competition Landscape |
4. Global Nanofiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Nanofiber Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Polymeric Nanofiber |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Metallic Nanofiber |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Glass Nanofiber |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Composite Nanofiber |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Ceramic Nanofiber |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Carbon Nanofiber |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Other Types |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
6. Global Nanofiber Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1. Aerospace and Aviation |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Automotive |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Chemical |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Composites |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Defense and Security |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Electronics |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Energy |
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
6.8. Healthcare and Biomedical |
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.8.3. Market Opportunity Analysis |
6.9. Textile |
6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.9.3. Market Opportunity Analysis |
6.10. Other End-user Industries |
6.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.10.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.10.3. Market Opportunity Analysis |
7. Global Nanofiber Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Nanofiber Market - Opportunity Analysis Index, By Product Type, End User, and Region, 2024 - 2030 |
8. North America Nanofiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Polymeric Nanofiber |
8.1.2. Metallic Nanofiber |
8.1.3. Glass Nanofiber |
8.1.4. Composite Nanofiber |
8.1.5. Ceramic Nanofiber |
8.1.6. Carbon Nanofiber |
8.1.7. Other Types |
8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.2.1. Aerospace and Aviation |
8.2.2. Automotive |
8.2.3. Chemical |
8.2.4. Composites |
8.2.5. Defense and Security |
8.2.6. Electronics |
8.2.7. Energy |
8.2.8. Healthcare and Biomedical |
8.2.9. Textile |
8.2.10. Other End-user Industries |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Nanofiber Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030 |
8.5. North America Nanofiber Market Dynamics Trends |
9. Europe Nanofiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Polymeric Nanofiber |
9.1.2. Metallic Nanofiber |
9.1.3. Glass Nanofiber |
9.1.4. Composite Nanofiber |
9.1.5. Ceramic Nanofiber |
9.1.6. Carbon Nanofiber |
9.1.7. Other Types |
9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Aerospace and Aviation |
9.2.2. Automotive |
9.2.3. Chemical |
9.2.4. Composites |
9.2.5. Defense and Security |
9.2.6. Electronics |
9.2.7. Energy |
9.2.8. Healthcare and Biomedical |
9.2.9. Textile |
9.2.10. Other End-user Industries |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Spain |
9.3.5. Italy |
9.3.6. Russia |
9.3.7. Rest of Europe |
9.4. Europe Nanofiber Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030 |
9.5. Europe Nanofiber Market Dynamics Trends |
10. Asia-Pacific Nanofiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Polymeric Nanofiber |
10.1.2. Metallic Nanofiber |
10.1.3. Glass Nanofiber |
10.1.4. Composite Nanofiber |
10.1.5. Ceramic Nanofiber |
10.1.6. Carbon Nanofiber |
10.1.7. Other Types |
10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Aerospace and Aviation |
10.2.2. Automotive |
10.2.3. Chemical |
10.2.4. Composites |
10.2.5. Defense and Security |
10.2.6. Electronics |
10.2.7. Energy |
10.2.8. Healthcare and Biomedical |
10.2.9. Textile |
10.2.10. Other End-user Industries |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. China |
10.3.2. India |
10.3.3. Japan |
10.3.4. ASEAN |
10.3.5. Australia & New Zealand |
10.3.6. Rest of Asia-Pacific |
10.4. Asia-Pacific Nanofiber Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030 |
10.5. Asia-Pacific Nanofiber Market Dynamics Trends |
11. Latin America Nanofiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Polymeric Nanofiber |
11.1.2. Metallic Nanofiber |
11.1.3. Glass Nanofiber |
11.1.4. Composite Nanofiber |
11.1.5. Ceramic Nanofiber |
11.1.6. Carbon Nanofiber |
11.1.7. Other Types |
11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Aerospace and Aviation |
11.2.2. Automotive |
11.2.3. Chemical |
11.2.4. Composites |
11.2.5. Defense and Security |
11.2.6. Electronics |
11.2.7. Energy |
11.2.8. Healthcare and Biomedical |
11.2.9. Textile |
11.2.10. Other End-user Industries |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Mexico |
11.3.3. Argentina |
11.3.4. Rest of Latin America |
11.4. Latin America Nanofiber Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030 |
11.5. Latin America Nanofiber Market Dynamics Trends |
12. Middle East and Africa Nanofiber Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Polymeric Nanofiber |
12.1.2. Metallic Nanofiber |
12.1.3. Glass Nanofiber |
12.1.4. Composite Nanofiber |
12.1.5. Ceramic Nanofiber |
12.1.6. Carbon Nanofiber |
12.1.7. Other Types |
12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Aerospace and Aviation |
12.2.2. Automotive |
12.2.3. Chemical |
12.2.4. Composites |
12.2.5. Defense and Security |
12.2.6. Electronics |
12.2.7. Energy |
12.2.8. Healthcare and Biomedical |
12.2.9. Textile |
12.2.10. Other End-user Industries |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Gulf Cooperation Council (GCC) Countries |
12.3.2. Israel |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Nanofiber Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030 |
12.5. MEA Nanofiber Market Dynamics Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Product Type Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Ahlstrom-Munksjo |
13.2.2. Asahi Kasei Corporation |
13.2.3. Donaldson Company, Inc. |
13.2.4. DuPont |
13.2.5. Elmarco S.R.O. |
13.2.6. Espin Technologie |
13.2.7. eSpin Technologies |
13.2.8. Inovenso |
13.2.9. Mempro Ltd. |
13.2.10. Parker Hannifin |
13.2.11. Toray Industries, Inc. |
14. Research Methodology |
15. Key Assumptions and Acronyms |
Key Market Players