Nanochemicals Market

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Nanochemicals Market: Global Industry
Analysis, Size, Share, Trends and
Forecast 2016 - 2023
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“Nanochemicals Market: Global Industry Analysis, Size, Share, Trends and Forecast 2016 - 2023” This report likewise
incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide
business sector industry structure.
Chemicals generated by using nanotechnology on conventional chemical building blocks such as ethane, propane, and butane
are called nanochemicals. Nanochemicals exhibit beneficial properties such as self-catalysis and anti-corrosion as compared to
other conventional chemicals. These chemicals carry out chemical reactions in less time.
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Nanochemicals are segmented based on end-user applications into construction chemicals, semiconductors and IC process
chemicals, mining chemicals, rubber chemicals, pesticides, printing ink, plastic additives, pigments, specialty polymers, and
water treatment. Zinc oxide and titanium dioxide are among the chemicals that are widely used in semiconductors and IC
process chemicals. Growth in the electronic sector is expected to boost demand for these chemicals in the near future. Carbon
nanotube, graphene, and fullerenes have gained wide applications due to their distinct mechanical and electrical properties.
Carbon nanotubes are primarily used in the bicycle manufacturing industry as the material produced is very dense and
lightweight. Increased awareness regarding pollution-free environment and enhanced focus on health and fitness are key factors
fueling demand for bicycles. This, in turn, would result in rising demand for carbon nanotubes in the near future. Printing ink is
produced by titanium dioxide pigments due to its properties such as brightness and high refractive index. Nanochemicals are
used in the manufacture of nano-sized ceramic ink, which gives high color strength to ceramics in different applications.
Global increase in demand for nano chemical-based products is due to factors such as enhancement of multiphase chemical
reaction and maximum product yield. These factors have driven demand for nanochemicals globally, thus acting as chief driver
for the nanochemicals market. In addition increase in applications of nanochemicals in sectors such as agrochemicals,
manufacturing and multifunctional coating are expected to further propel the demand for nanochemicals globally. Development
in nano chemistry would lead to increase in application of nanochemicals. This, in turn, is anticipated to propel demand for
nanochemicals in the next few years. Restraining governmental regulations regarding the manufacture of chemicals is
estimated to offer high growth opportunities to the nanochemicals market in the next few years.
The global nanochemicals market is segmented based on regions into North America, Europe, Asia Pacific, Middle East and
Africa, and Latin America. North America is anticipated to be the largest market for nanochemicals followed by Europe and Asia
Pacific during the forecast period. Technological developments and increase in regulatory efforts to use nanochemicals in
materials have driven demand for nanochemicals in North America. Europe being the second-largest market for nanochemicals
has large number of suppliers for titanium-based products. Increased growth in the pigment and printing ink sector is
anticipated to boost demand for nanochemicals in the near future. Asia Pacific is expected to experience high demand for
nanochemicals in the near future due to various factors such as industrial development and shifting of companies from
convectional chemicals to nano-based chemicals. Growing applications of nanochemicals in sectors such as construction,
electronics, and rubber is projected to fuel the market in Asia Pacific as these sectors are experiencing significant growth in
developing economies such as India and China. Increase in foreign investment and governmental support such as tax benefits in
developing economies is anticipated to create strong market opportunities for nanochemicals in Asia Pacific during the forecast
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Some of the key global companies operating in the nanochemicals market are ANP Co.,Ltd, BASF SE, E. I. Du Pont de
Nemours and Company, Akzo Nobel N.V and Graphene NanoChem amongst others.
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
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Use of nanochemicals in sectors such as agrochemicals, manufacturing and multifunctional coating are driving nanochemicals market globally.Development in nano chemistry would lead to increase in application of nanochemicals