Nanofibers can be defined as fibers with diameters in the range of 100–1000 nanometer. Nanofibers is a new class of materials used for several value-added applications such as filtration, medicines, composites, and energy storage. Nanofibers can be manufactured by interfacial polymerization, antisolvent-induced polymer precipitation, melt processing, or electrostatic spinning. Carbon nanofibers are graphitized fibers formed by catalytic synthesis.
Nanofibers are used in tissue engineering and drug delivery as well as in artificial organ components, implant materials, wound dressings, and therapeutic textile materials. Recently, researchers have discovered that nanofiber meshes can be used against the HIV-1 virus and also as a contraception. In the healing of wounds, nanofibers accumulate at the injury site and remain at that place, drawing the body’s own development factors to the injury site. Nanofibers are also used in pigments for cosmetics. They can stimulate the fabrication of cartilage in damaged joints. Numerous approaches toward this use of nanofibers are being utilized by researchers at John Hopkins University, University of Pennsylvania, and Northwestern University. Researchers are using nanofibers in sensors that modify color as they engross chemical vapors. They plan to use these sensors to demonstrate when the absorbing material in a gas mask becomes saturated. Researchers have also developed piezoelectric nanofibers that are elastic enough to be interlaced into clothing. These fibers can transform the normal motion into energy to power the electronic devices such as mobile phones. In addition, researchers are developing nanofibers to capture cancer cells flowing in the blood stream. They use nanofibers covered with antibodies that bind to cancer cells, ensnaring those cells.
Growth of bioengineering and biomedical industries across the globe is projected to boost the demand for nanofibers. Additionally, increase in demand for medicines in emerging economies in Asia Pacific and Latin America is projected to further propel the demand for nanofibers in those economies. However, volatile prices of raw materials and availability of substitutes can hamper the growth of this market.
North America is projected to be a key market for nanofibers during the forecast period, followed by Europe and Asia Pacific. Asia Pacific is anticipated to be the rapidly expanding market for nanofibers during the forecast period. China, India, and Japan are major markets for nanofibers in Asia Pacific due to presence of an established end user industry. Singapore, Republic of Korea, Vietnam, and Malaysia are expected to be other prominent consumers of nanofibers in Asia Pacific during the forecast period. The nanofibers market in Europe and North America is projected to experience moderate to high growth during the forecast period. Brazil and Argentina are estimated to be major consumers of nanofibers in Latin America.
The nanofibers market is highly fragmented. It is dominated by large- and medium-sized corporations in the field of materials and chemicals. Key players operating in the global nanofibers market are FibeRio Technology Corporation, Toray Industries, Ahlstrom Corporation, Johns Manville Corporation, Inc., E. I. du Pont de Nemours and Company, Donaldson Filtration Solutions, Asahi Kasei, Johns Pyrograf Products, Inc., Elmarco, Jiangxi Xian Cai Nanofibers Technology Co., Ltd., Revolution Fibers, eSpin Nanofibers, and MemPro.
Companies are adopting the acquisition strategy and aggressive marketing tactics to increase their market share. They are investing in research and development activities to develop new techniques for nano capsules. Moreover, companies are shifting their production facilities to emerging economies in Asia Pacific and Latin America, due to easy availability of land, inexpensive labor, and governmental subsidies in those countries.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.