Global Nanofillers Market to be Dominated by Construction Segment Through 2028
Growing demand from paint & coating and construction
sectors are factors to drive the demand for the global nanofillers market in
the forecast period, 2024-2028.
According to TechSci Research report, “Global Nanofillers Market- By Region,
Competition Forecast and Opportunities, 2018-2028”, The global Nanofillers market is projected to grow
at an impressive rate in the forecast period, 2024-2028. Increasing demand from the construction
and film industries is the primary factor affecting the market's share of
Nanofillers. Due to the improved surface qualities of polyurethane nanofiller,
coatings are more resistant to corrosive chemicals, moisture, heat, and
environmental factors, making them very demandable product paint & coating
industries. Fluctuating raw material prices and adverse effects on
professionals and users restrain the nanofiller market growth. Besides, development
of internal stresses along with lower impact and tensile strength in composites
reinforced with nanofillers can hamper the market growth during the forecast
period.
Government initiatives and policies over
sustainable development and infrastructure projects are expected to further
boost the nanofillers market's demand. Global demand for nanofillers is
anticipated to be driven by the plastics industry and its rapid expansion. The
paints and coatings sector are expected to expand over the projected years of
the wide range of end-users it serves, such as the construction, automotive,
architectural, aerospace, healthcare, and ornamental industries. All these
factors led to increased demand for the global nanofiller market in the
projected period.
Browse over XX market
data Figures spread through 110 Pages and an in-depth TOC on "Global Nanofillers market"
The global nanofillers
market is segmented based on type, physical form, and application.Based on type, the market is
divided into organic and inorganic. The sulphonated naphthalene segment will
hold the largest market share till 2028. As the organic nanofiller has an
excellent antistatic agent, UV absorber, and flame retardant helps in providing
desired properties of their product used in different industries like
construction, cosmetics & personal care products, and food & beverages
packaging materials. All these led to an increase in demand for organic
nanofiller in the market and dominated its segment.
Based on application, the
market is divided into construction, paints & coatings, plastics, adhesives
& sealants, concrete, films & rubber, and others. The plastic segment
will hold the largest market share till 2028. Enhanced mechanical properties,
high strength-to-weight ratio, corrosion resistance, and cost savings are
various advantages provided by the nanofiller. As such, properties are highly
required in the market, leading to the plastic segment dominating the market.
Major companies operating
in global nanofillers market are:
- J.M. Huber Corporation
- DuPont de Nemours, Inc.
- 3M Co.
- Reade International
Corp.
- Eka Chemicals AB
- Galaxy Corporation
- Intelligent Materials
Private Limited
- Shanghai Yaohua Nanotech Co.
Ltd
Download Free Sample Report
Customers can also request for
10% free customization on this report.
“The Asia- Pacific region is expected to
register the highest growth in the global nanofiller market in the coming years
due to its increasing construction activities, growing regional economy size,
and innovative technologies. Increasing industrialization, growing automobile
sector, and expanding manufacturing base are other factors driving the demand
for nanofiller in the region. Currently, China is the world's most prominent
plastic manufacturing unit. In contrast, nano-filler producer Countries such as
China, India, Malaysia, and Vietnam have seen significant increases in
manufacturing centers for nanofiller applications. Government initiatives to
set up manufacturing units in their countries have expanded the nanofillers
market globally.
Escalating demand for
nanotechnology-enabled goods in different end-use industries such as
construction, paints and coating, automobiles, and plastic is the key reason
for market growth. The growing prevalence of the advantages about nanofillers
among consumers and manufacturers is affecting the preferences while selecting
the product. The increased acceptance of new production technologies that
reduce manufacturing costs and growing R&D investments for the advancement
of innovative nanofiller products and applications are propelling the market
share and creating favorable conditions to drive the global Nanofillers market
growth till 2028." said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Nanofillers Market-
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type
(Organic, Inorganic), By Physical Form (Continuous, Discontinuous,
Nanofillers), By Application (Construction, Paints & Coatings, Plastics,
Adhesives & Sealants, Concrete, Films & Rubber), By Company and By
Region, has
evaluated the future growth potential of global nanofillers market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global nanofillers market.”
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: https://www.techsciresearch.com