Nanomaterials Market - Forecast(2025 - 2031)
Nanomaterials Market Size is estimated to reach 21,159.58 Million by 2030, growing at a CAGR of 12.01%during the forecast period 2024-2030. Nanomaterials comprise one external dimension accounting for 100 nanometers (nm) with an internal dimension measuring 100 nm or less. Nanomaterials are utilized in a range of applications such as textile , medical and healthcare, electronics, construction and many others. According to the U.S. Bureau of Economic Analysis, the output of textile manufacturing in the U.S. in 2019 was US$18.79 billion which was 23.8% more than the numbers in 2009. Thus, the growth in such end-use industries is boosting its market growth. Plenty of nanomaterial- and nanotechnology-related applications have been developed during the past few years. Carbon-based nanomaterials include graphene, fullerenes, carbon nanotubes and many others. Graphene has emerged as a significant Nanomaterial that can be used in sensors,...