Global Nanomaterials Market by Product (Antimony tin oxide nanoparticles, Aluminium oxide nanoparticles, Fullerene, Bismuth oxide nanoparticles, Silicon Dioxide, Cerium oxide nanoparticles, Carbon nanotubes, Copper oxide nanoparticles, Titanium dioxide nanoparticles, Graphene, and Others); by Application (Automotive, Aerospace, Healthcare, Sports, Cosmetics, Electronics, Energy & power, Paints & Coatings, and Others); by Region (Asia-Pacific, North America, Latin America, Middle East and Africa, and Europe); - Global Forecasts 2021 to 2027

Date: Dec 2021 Report Id: 142 Category: Resins and Polymers Report Format: pdf-img excel-img ppt-img word-img

The Global Nanomaterials Market was valued at USD 8.80 Bn in 2020 and is expected to reach USD 23.95 Bn by 2027, with a growing CAGR of 15.4% during the forecast period.

The Global Nanomaterials Market Definition:

Nanomaterials are materials that consist of constituents or particles of nanoscale dimensions, or one that is produced by nanotechnology. According to the European Commission, the particle size of nanomaterials should be at least half of the particles in the number size distribution and must measure 100nm or below. These materials can occur naturally or could be obtained as a by-product of combustion reactions or could be made on purpose by engineering to perform a specialized function. In addition, nanomaterials have unique properties and therefore benefit many industries such as automotive, aerospace, healthcare, sports, cosmetics, electronics, energy & power, paints & coatings, and others.

Nanomaterials Market

The Global Nanomaterials Market Dynamics:

The nanomaterials market is majorly experiencing traction due to the broad spectrum of advantages offered by nanomaterials. The properties of nanomaterials, specifically their size, provide several unique advantages in comparison to the other bulk-form of materials. Nanomaterials can tailor themselves for a specific requirement which increases their demand across several industry verticals. In addition, additional advantage such as the high porosity offered by nanomaterials makes them useful in a multitude of industries. For instance, in the energy & power industry, nanomaterials are advantageous in making the existing methods of generating energy like solar panels more cost-effective and efficient. It also helps the industry in opening new ways to both store and harness energy. Similarly, in the healthcare sector, nanomaterials are advantageous owing to their very large surface-to-volume ratio which allows the bonding of active ingredients and cells. This helps in increasing the chance of successfully treating several diseases. These factors collectively are projected to fuel the nanomaterials market growth in the upcoming years.

Moreover, new technological advancement in the nanomaterials industry is another major factor driving the nanomaterials market. For instance, in 2020, researchers from Okinawa Institute of Science and Technology Graduate University and Korea University introduced spiral hydroboration. This new nanotechnology is a unique way that helps in delivering chemical compound and particles and into the cells by membranes that includes DNA, drugs, and proteins without causing any major damage. This new technological advancement in the healthcare industry is projected to serve as a catalyst for the nanomaterials market in the coming years.

The Global Nanomaterials Market Segmentation:

By Product

  • Antimony tin oxide nanoparticles
  • Aluminium oxide nanoparticles
  • Fullerene
  • Bismuth oxide nanoparticles
  • Silicon Dioxide
  • Cerium oxide nanoparticles
  • Carbon nanotubes
  • Copper oxide nanoparticles
  • Titanium dioxide nanoparticles
  • Graphene
  • Others

By Application

  • Automotive
  • Aerospace
  • Healthcare
  • Electronics
  • Cosmetics
  • Sports
  • Energy & power
  • Paints & Coatings
  • Others

By Region

  • Asia-Pacific
  • North America
  • Latin America
  • Middle East and Africa
  • Europe

The unique insights provided by this report also include the following:

  • In-Depth Value Chain Analysis
  • Market Opportunity Mapping
  • Sector Snapshot
  • Key Players Positioning Matrix
  • Regulatory Scenario
  • Strategies Adopted-Benchmarking Heat Map
  • Market Trends
  • Covid-19 Impact Analysis
  • Product Comparison
  • Pre & Post Covid 19 Impact on Nanomaterials Market
  • Competitive Landscape

Based on the product, the carbon nanotubes accounted for the major share in the nanomaterials market owing to electrical, mechanical & thermal properties offered by the nanotubes

Based on the product, the nanomaterials market is segmented as antimony tin oxide nanoparticles, aluminium oxide nanoparticles, fullerene, bismuth oxide nanoparticles, silicon Dioxide, cerium oxide nanoparticles, carbon nanotubes, copper oxide nanoparticles, titanium dioxide nanoparticles, Graphene, and others. Among these, carbon nanotubes accounted for the major share in the nanomaterials market across the globe. This high share is owing to electrical, mechanical & thermal properties offered by the nanotubes. A carbon nanotube is lightweight and has mechanical tensile strength that can be 400 times when compared to steel. In addition, they are extremely resistant to corrosion and have thermal conductivity better than that of a diamond. All these properties make them suitable for electrochemical & biosensors, electronic devices, electron field emitters, transistors, lithium-ion batteries, hydrogen storage cells, white light sources, electrostatic discharge (ESD), and electrical shielding among other applications.

Based on application, the healthcare application segment has dominated the industry due to the use of nanomaterials in a wide range of healthcare applications

Based on application, the nanomaterials market is fragmented into automotive, aerospace, healthcare, electronics, energy & power, sports, cosmetics, paints & coatings, and others. Among these, the healthcare application segment has dominated the industry and is expected to show similar trends during the forecast period. This dominant share is due to the use of nanomaterials in a wide range of healthcare applications, including targeted drug & genes delivery, imaging, precise regeneration & engineering of bodily tissues, nano diagnostics, nanorobots for surgery, fluorescent tagging and labelling of proteins, cell repair, and nano biosensors among others. Owing to such wide in the healthcare sector, the nanomaterials industry is expected to experience a high product demand from the healthcare industry.

Based on region, the North America region led the nanomaterials industry across the globe due to the continuous efforts in the R&D activities of nanoparticles to discover new product applications in several end-use industries

Based on region, the nanomaterials industry is divided into Asia-Pacific, North America, Latin America, the Middle East and Africa, and Europe. Among these, the North America region led the nanomaterials industry across the globe and is anticipated to show a significant growth trend during the forecast period. This share is majorly attributed to the continuous efforts in the R&D activities of nanoparticles to discover new product applications in several end-use industries from major economies in the region such as Canada and the U.S. In addition, in the U.S., the nanomaterials market is expected to show the highest growth owing to the increasing application scope of nanoparticles in various industries such as energy, biomedical, wastewater treatment, and electronics.

The report also provides an in-depth analysis of the market dynamics such as drivers, restraints opportunities, and challenges


  • Growing product demand from several end-use industry
  • Unique advantages offered by nanomaterials in comparison to the other bulk-form of materials
  • Use of nanomaterials in environmental preservation


  • Volatility in raw material prices
  • Toxicity assessment of nanomaterials


  • Increasing product advancement scope
  • Rising government spending on R&D of pharmaceuticals and biotechnology

Note: Challenges along with in-depth Nanomaterials market dynamics analysis is mentioned in the report.

COVID-19 impact on the Nanomaterials market analysis

The COVID-19 outbreak which began in December 2019, has spread across the globe at a fast pace and affected economies around the globe. Countries such as Italy, China, Iran, South Korea, Spain, India, Germany, the US, and France were the worst-affected countries due to covid. Owing to the enforcement of lockdowns, social distancing, international travel bans and other restrictions, industries such as automotive, electronics, and aerospace among others took a major hit. As per the data released by the Society of India Automobile Manufacturers (SIAM), the sales of passenger vehicles declined by 51% in March 2020 whereas commercial vehicles sales crashed by 88%. This resulted in decreased product demand, thereby negatively impacting the nanomaterials market growth.

The report also provides an in-depth analysis of key trends in the Nanomaterials market

  • The increasing need for environmental preservation is positively driving the nanomaterials industry. The environmental preservation process uses nanomaterials such as zinc oxide nanowires for applications such as providing flexibility to solar cells and for the treatment of polluted water.
  • The growing focus on research activities concerning nanomaterials along with increasing government spending on R&D of pharmaceuticals and biotechnology is also contributing to driving the nanomaterials market. For instance, in 2018, Hebrew University launched a seed fund involving an investment of USD 9 million. This fund was introduced for supporting R&D on nanotechnologies and smart materials and was conducted by several nanotech companies for increasing focus on renewable energy and quantum science. Such investments in improving the scope of nanomaterials technologies are expected to provide growth opportunities in the nanomaterials industry.

The report also provides an in-depth analysis of recent news developments and investments in the Nanomaterials market

  • In April 2020, Cabot Corporation, a leading global specialty chemicals and performance materials company announced the completion of Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN) for an amount of about $115 million. This acquisition has helped Cabot to significantly strengthen its formulation capabilities and market position in the high-growth batteries market, majorly in China, which is the fastest and largest growing EV market in the world. In addition, this acquisition makes Cabot become the only carbon additive supplier with commercially proven carbon nanostructure carbon black, dispersion, and CNT capabilities.
  • In November 2019, the Indian Farmers Fertiliser Cooperative Limited (IFFCO) which is the world’s largest fertilizer cooperative announced the launch of its new range of nanotechnology-based products that includes Nano Zinc, Nano Nitrogen, and Nano Copper for on-field trials at an event held in Gujarat at its Kalol unit. These revolutionary products are environment-friendly plant nutrition products and work 50% better than conventional fertilisers.

Company Profiles and Competitive Intelligence

The key players operating in the nanomaterials industry are:

  • Strem Chemicals, Inc.
  • Arkema
  • American Elements
  • Dupont
  • US Research Nanomaterials, Inc.
  • Nanocomposix, Inc.
  • Reade International Corporation
  • Raymor Industries
  • Daikin
  • NanoMaterials Technology Pte Ltd.
  • Frontier Carbon Corporation
  • Nanocyl SA
  • Nanoshel LLC
  • SkySpring Nanomaterials, Inc.
  • Covestro
  • Nanografi Nano Technology
  • Quantum Materials Corp.
  • Cytodiagnostics, Inc.
  • Hyperion Catalysis International Inc.
  • Nanophase Technologies Corporation
  • Nanostructured & Amorphous Materials, Inc.
  • Showa Denko K.K.
  • Nanophase Technologies Corporation
  • Nanoco Technologies Ltd
  • Nanosys

Frequently Asked Questions (FAQs)

The Global Nanomaterials Market was valued at USD 8.80 Bn in 2020 and is anticipated to reach USD 23.95 Bn by 2027.
The Nanomaterials Market is estimated to grow at a compound annual growth rate (CAGR) of 15.4% during forecast period.
The North America regional segment has dominated the Nanomaterials Market.
A few key players include, but not limited to: 3M Company, Advanced Nanomaterials Inc., Airgas Incorporated, Honeywell International Inc., L’Air Liquide S.A., Mitsui Chemicals Inc., Messer Group Gmbh, Norco Incorporated and Praxair Incorporate among others
Yes, the report contains detailed COVID-19 analysis for Nanomaterials Market.
Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

  1. Introduction
    1. Product Outline
    2. Nanomaterials Overview
    3. Different Types Of Nanomaterials 
    4. Analysis Of Nanomaterials Ecosystem
    5. Supply Chain Analysis
    6. Covid -19 Impact
    7. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Threats
    8. Technology Overview
  2. Technology and Regulatory Landscape for Nanomaterials    
    1. Regulations and Standards
  3. Nanomaterials Market Pricing Analysis
    1. Prices of Nanomaterials   
  4. Nanomaterials Market by Product
    1. Antimony tin oxide nanoparticles
    2. Aluminium oxide nanoparticles
    3. Fullerene
    4. Bismuth oxide nanoparticles
    5. Silicon Dioxide
    6. Cerium oxide nanoparticles
    7. Carbon nanotubes
    8. Copper oxide nanoparticles
    9. Titanium dioxide nanoparticles
    10. Graphene
    11. Others
  5. Nanomaterials Market by Application
    1. Automotive
    2. Aerospace
    3. Healthcare
    4. Electronics
    5. Sports
    6. Cosmetics
    7. Energy & power
    8. Paints & Coatings
    9. Others
  6. Regional Analysis
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Norway
      5. Italy
      6. Spain
      7. Netherlands
      8. Rest Of Europe
    3. Asia Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. New Zealand
      6. Rest Of Asia Pacific
    4. Middle East and Africa
    5. South America
  7. Key Strategic Insights
    1. New Raw Material Sources
    2. New Applications
    3. Emerging Technologies
    4. Opportunity mapping
    5. Critical Success Factors
    6. Environmental Impact and sustainability issues
    7. Consumer preferences
  8. Key Market Trends / Recent Developments
  9. Competitive Scenario
    1. Competitive Strategies of Key Players
      1. Mergers and Acquisitions
      2. Investments
      3. Joint Ventures
      4. New Product launches
    2. Strength of product portfolio
    3. Ranking of Key Players
    4. Presence of players by Geographies
  10. Key Global Players
    1. Strem Chemicals, Inc.
    2. Arkema
    3. American Elements
    4. Dupont
    5. US Research Nanomaterials, Inc.
    6. Nanocomposix, Inc.
    7. Reade International Corporation
    8. Raymor Industries
    9. Daikin
    10. NanoMaterials Technology Pte Ltd.
    11. Frontier Carbon Corporation
    12. Nanocyl SA
    13. Nanoshel LLC
    14. SkySpring Nanomaterials, Inc.
    15. Covestro

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