Nanochemicals Market Share,Strategies, Emerging Technologies, Growth Rate Analysis, Trends and Forecast by 2022
The global nanochemicals market is expected to grow at a CAGR of 6.3% during 2016 - 2022. The major factors driving the growth of the global include increasing use in variety of applications, including chemical warfare, bicycle manufacturing, armor design and military weapons. Nanochemicals are also being used and have growth potential in various industries such as agriculture, energy storage, healthcare automotive and others. The most commonly used and studied nanochemical is carbon nanotubes, that are used extensively in industry for applications such as stronger materials (stronger bicycles) and smart materials.
The increasing research and developments in nano technology is opening new avenues for scientific assessment of nanochemicals benefits and risks, and an understanding of the potential EHS impacts of nanotechnology However, the toxic nature of these nanochemicals is restraining the growth of the market for nanochemicals market.
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the metallic nanochemicals segment accounted for fastest growing segment in the global market in 2015 followed by polymer and ceramic type. Nanochemicals is already being used in numerous new kinds of batteries that are less flammable, quicker-charging, more efficient, lighter weight, and that have a higher power density and hold electrical charge longer.
Some of the major players operating in the global Nanochemicals market include Advanced Nano Products Inc., Akzo Nobel, Bayer CropScience AG, BASF SE, E. I. Du Pont de Nemours and Company, ELANTAS Beck India Ltd., Huntsman Corporation, Rhodia S.A., The Dow Chemical Company, Sea Spray Aerosol, Inc. Graphene NanoChem Plc, and Nano Chemical Systems.
Source: P&S Intelligence
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the metallic nanochemicals segment accounted for fastest growing segment in the global market in 2015 followed by polymer and ceramic type. Nanochemicals is already being used in numerous new kinds of batteries that are less flammable, quicker-charging, more efficient, lighter weight, and that have a higher power density and hold electrical charge longer.
Some of the major players operating in the global Nanochemicals market include Advanced Nano Products Inc., Akzo Nobel, Bayer CropScience AG, BASF SE, E. I. Du Pont de Nemours and Company, ELANTAS Beck India Ltd., Huntsman Corporation, Rhodia S.A., The Dow Chemical Company, Sea Spray Aerosol, Inc. Graphene NanoChem Plc, and Nano Chemical Systems.
Source: P&S Intelligence
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