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Global Polymer Nanocomposites Market: Overview

Polymer nanocomposites are a new class of composite material reinforced with a nano-scale filler of polymer matrices. Polymer nanocomposites create new type of hybrid material with unique electrical, thermal properties. Moreover, polymer nanocomposites demonstrate improved mechanical and physical properties which include enhanced optical (light transmission) and dialectical properties. Polymer nanocomposites are also corrosion resistant materials. Improved mechanical and physical properties of polymers by addition of nanoparticles depends upon a number of factors such as processing technique and interfacial interaction between host polymer & nanoparticle. Thus, synthesis of polymer nanocomposites is an integral aspect of polymer nanotechnology. Polymer nanocomposites must have at least one dimension ranging between 1-50 nm.

Global Polymer Nanocomposites Market: Dynamics

Polymer nanocomposites outperform to its application in energy storage system & sensors such as nanowires, non-linear cathodes and many others due to their nanometer sizes of inorganic fillers. The polymer nanocomposites exhibit improved properties when compared to traditional composites from pure polymers. Enhanced properties such as chemical resistance, electrical conductivity, surface appearance, thermal stability and heat distortion temperature are some of the factors which are potential for the growth of the polymer nanocomposites market. Polymer nanocomposites are widely used in automotive industry for its application in tyres, engine cover, trimming belt cover, inverter cover and many others. Use of polymer nanocomposites for various components of automobile improves mechanical properties such as strength, weight reduction and toughness which are also some vital factor driving the global polymer nanocomposites market. Coating with polymer nanocomposites is found to be great barriers to reduced oxygen and moisture transmission for several packed products. The unique structure of polymer nanocomposites enhances & increases the magnetization, charge capacity and heat resistance and decreased flammability in its product which are factors that support the growth of global polymer nanocomposites market. Application of polymer nanocomposites in electro catalyst in batteries for energy saving, reduced abrasion, and wear of products are another potential factors that boost the global polymer nanocomposites market

Global Polymer Nanocomposites Market: Segmentation

Based on polymer nanocomposites base type: Global Polymer Nanocomposites Market is segmented into

  • Polyolefin-based polymer nanocomposites
  • Nylon-based polymer nanocomposites
  • Poly(vinyl chloride)(PVC)-based nanocomposites
  • (PET)-based polymer nanocomposites
  • Clay-containing poly(ethylene terephthalate)
  • Biodegradable polymer nanocomposites
  • Soft polymer nanocomposites and gels

Based on Dimension: Global Polymer Nanocomposites Market is segmented into

  • 01-10 nm
  • 11-20 nm
  • 21-30 nm
  • 31-40 nm
  • 41-50 nm

Based on Shapes: Global Polymer Nanocomposites Market is segmented into

  • Platelets
  • Fibers
  • Spheroids

Based on application: Global Polymer Nanocomposites Market is segmented into

  • Sensors
  • Mechanically-reinforced light weight components
  • Nanowires
  • Non-linear optics
  • Battery Cathodes
  • Other systems

Global Polymer Nanocomposites Market: Region Wise Outlook

The global polymer nanocomposites market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America in the polymer nanocomposites holds a dominant share in the global market.  Adoption of polymer nanocomposites in the defense industry for light weight body armor has shown a great potential for combat survivability in the region. North America is followed by Western Europe to hold a dominant share in the global polymer nanocomposites market. Automobile manufactures play a vital role in the growth of polymer nanocomposites market due to its increased application in the vehicles. The developed regions of North America and Western Europe for polymer nanocomposites market are anticipated to grow at healthy CAGR during the forecast period.  APEJ is estimated to exhibit a relatively high CAGR in terms of value during the forecast period of global polymer nanocomposites market. The application of polymer nanocomposites in defense and the automotive industry are some of the area which are expected to boost the region’s growth in the forecasted period

Global Polymer Nanocomposites Market:  Prominent Players

Few of the prominent players in the Polymer Nanocomposites Market are as follows

  • Sigma-Aldrich Co. LLC.
  • InMat Inc.
  • Inframat Corporation
  • Hybrid Plastics Inc.
  • Nanocor Incorporated
  • Foster Corporation
  • BYK-Gardner GmbH
  • Industrial Nanotech, Inc.

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.

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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)
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

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The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

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4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

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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.

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Polymer Nanocomposites Market

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