The global nanofillers market is estimated to grow at an impressive rate through 2028. Nanofillers are fillers with particle volumes varying from 1 to 100 nm, and the outcome of nanotechnology is used in the fillers industry. Carbon blacks, alumina, titanium dioxide, bentonite clay, graphene, ceramic, gold, silica, synthetic silicas, and precipitated calcium carbonate are examples of such types of fillers. However, their primary particles are clustered with secondary particles to produce large and more durable particles as compared to conventional fillers.
Growing demand for nanotechnology-enabled goods in different end-user industries, such as construction for refining flame retardancy, electrical conduction, and mechanical properties of homes. Apart from these, the completion of CNFs as barrier agents in packaging films would present a significant leap forward in creating a more sustainable environment. In addition, government policies on eco-friendly products and infrastructure projects propel market growth. Growing investment in research & development activities for developing new applications drives the global nanofillers market growth in the projected period.
Worldwide Rise in Infrastructural Projects
According to Statista, as of May 2022, India had the highest infrastructural project under development with count of 1,944 followed by United States with 1,866 projects and China with 1,175 projects.
Flourishing Paints & Coatings Industry
The growing demand for paints & coatings from various end user industries such as automotive, architectural, construction, and the decorative segment is expected to drive the growth of global nanofillers market. Nanofillers are broadly used to develop polyurethane which forms an essential component of paints & coatings. Additionally, nanofillers are used to develop nanocomposite coatings that are extensively used in the context of nano-structuring. This in turn is expected to support the growth of global nanofillers market during the forecast period.
Ongoing Research & Developments for New Applications
In the tires market, Sepiolite is deployed as a Reinforcing Filler to enhance the properties of conventional tire fillers. Sepiolite, a natural derivative of non-toxic and chemically dynamic 1-D phyllosilicate, has the capability of modifying the concept of elastomeric nano-reinforcement with the ability to instruct physical flexibility to the rubber compound. Such innovation is creating opportunities for nanofiller applications and propelling market growth.
Market Segmentation
The global nanofillers market is segmented
Based on type, the market is bifurcated into organic and inorganic.
Market Players
J.M. Huber Corporation, DuPont de Nemours, Inc., 3M Company, Reade International Corp., Eka Chemicals AB, Galaxy Corporation, Intelligent Materials Private Limited, Shanghai Yaohua Nanotech Co. Ltd, Henkel AG & Co. KGaA, and Fuso Chemical Co. Ltd. are some of the major players operating in global nanofillers market.
Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million, and CAGR for 2018-2022
and 2023-2028
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Report coverage
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Revenue forecast, company
share, competitive landscape, growth factors, and trends
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Segments covered
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·
Type
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Physical Form
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Application
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Regional scope
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North America; Asia
Pacific; Europe & CIS; South America; Middle East & Africa
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Country scope
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United States; Canada; Mexico; China;
India; Japan; South Korea; Australia; Germany; France; United Kingdom; Italy;
Spain; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia, Kuwait.
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Key companies profiled
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J.M. Huber Corporation,
DuPont de Nemours, Inc., 3M Company, Reade International Corp., Eka Chemicals
AB, Galaxy Corporation, Intelligent Materials Private Limited, Shanghai
Yaohua Nanotech Co. Ltd, Henkel AG & Co. KGaA, and Fuso Chemical Co. Ltd.
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase
options
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Avail customized purchase
options to meet your exact research needs. Explore purchase options
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Delivery Format
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PDF
and Excel through Email (We can also provide the editable version of the
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