Global Nanoclay Market to Expand at 12.0% Cagr Between 2015 and 2023.Pdf

Transparency Market

Research

Nanoclay Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 – 2023

Published Date

05-Nov-2015

171 Page Report

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Press Release

Rising Demand for Reinforced Polymers in Automotive Industry to Drive Demand for

Nanoclay; Global Market to Expand at 12.0% CAGR between 2015 and 2023:TMR

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Nanoclay Market

REPORT DESCRIPTION

Nanoclay Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2015 – 2023

The global nanoclay market is the focus of study of a recent market research report published by

Transparency Market Research. The report projects healthy growth prospects for the market and

states that the market will expand at a 12.0% CAGR between 2015 and 2023. At this pace, the

market, which had a valuation of US$1.22 bn in 2014, will rise to US$3.37 bn by 2023.The report is

titled “Nanoclay Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023” and is available on the company’s website for sale.

Nanoclays, which are mineral silicate nanoparticles, find application in a number of industries such as

packaging, automotive, flame retardants, marine, and aerospace across a large number of application

areas.The report states that the rising demand for nanoclay-based reinforced polymers, which lead to

reduction in the weight of vehicles, in the automotive industry is the key factor that will drive the global

nanoclay market over the report’s forecast period. Rising demand for nanoclay in a variety of

industries in emerging markets in Asia Pacific and Eastern Europe is also expected to propel the

global nanoclay market over the report’s forecast period.

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