Nanocomposites Market Is Expected to Reach Usd 5.91 Billion by 2018

Transparency Market

Research

Advanced Phase Change Materials Market - Global

Industry Analysis, Size, Share, Growth, Trends and

Forecast, 2012 – 2018

Published Date

07-Aug-2013

98 Page Report

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Press Release

Global Advanced Phase Change Materials Market to Exhibit 19.50% CAGR,

Driven by High Demand from Construction Industry:TMR

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Nanocomposites Market

REPORT DESCRIPTION

Nanocomposites (Carbon Nanotubes, Polymer Metal Fiber, Nanofibers,

Graphene, Nanoplatelet and Others) Market for Automotive, Aviation,

Electronics, Energy, Construction, Healthcare, Plastics, Military,

Consumer Goods and Other Applications - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2012 - 2018

Transparency Market Research has released a new market report titled “Nanocomposites Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018”. According to the report

the demand for nanocomposites that was over USD 1.91 billion in 2011 is expected to increase to

USD 5.91 billion by 2018, growing at a CAGR of 18.0% from 2012 to 2018.

In terms of volume the global market for nanocomposites is expected to grow at a CAGR of 17.5%

between 2012 and 2018. Their key role in vehicle safety and weight reduction is the major driving

factor for the nanocomposite market, globally. There is also a marked rise in the application of

nanocomposites in building & construction. The above two factors combined with a high volume of

consumption in electronics & semiconductors have been driving the market for nanocomposites and

increasing product sales. Their high cost in certain end-user industries and applications, however, is

expected to be one of the factors holding back the market.

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