Press Release

Nanocrystal Market | Expected to Hit the Mark of USD 233.16 MN By 2027

The global Nanocrystal market generated revenue of around USD 82.5 million in 2020 and anticipated to grow at a CAGR of over 16% during the forecast period from 2021 to 2027 to reach around USD 233.16 million in 2027.

Any crystalline particle is called as nanocrystal only if one of its dimensions is measures under one thousand nm (nanometer). With its proven results, nanocrystals are broadly used in large number of applications across, medical electronics and aerospace industry. They have been used in the manufacture of filters that refine crude oil into diesel fuel. Nanocrystals can also be layered and applied to flexible substrates to produce solar panels.

Key Trends in Global Nanocrystal Market

Increasing demand for nanocrystalline cellulose

Nanocrystalline cellulose are very low on carbon footprint and also exhibit very low toxicity. Due to this, nanocrystals are increasingly being used as a strengthening agent in the manufacturing of industrial biocomposites. It can be employed in numerous end-user industries including but not limited to food & beverage, personal care, composites manufacturing, paints & coatings, paper processing, and pharmaceuticals. Large number of industrial applications such as composites, viscosifiers, and rheology modifier exhibit strong demand for nanocrystals. Other key applications of nanocrystalline cellulose include oil & gas, textiles, and construction.

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Impact of COVID 19 on Global Nanocrystal Market

COVID 19 have left a very significant impact on growth rate of the global nanocrystal market. With strict restriction being imposed by most of the nations across the world on all kind of activities except healthcare industry resulted into massive losses of this industry. Market size of nanocrystals industry has contracted by over 10% as compare to 2019. With successful launch and mass vaccination program carried out by most of countries is expected to contain this pandemic and likely bring “U” shape recovery for this industry.

Global Nanocrystal Market by Type Insights

Nanocrystalline cellulose and nanocrystalline silicon are main three types of nanocrystal market. Nanocrystalline cellulose is the largest segment owing to its chemical as well as physical properties including low density, high degree of thermal stability, and high tensile strength.

Nanocystalline cellulose Segment to dominate the global Nanocrystal Market

Global Nanocrystal Market by Application Insights

Based on application, the nanocrystal market is segmented into medicine, electronics, aerospace, and others. Medicine segment is expected to dominate the Nanocrystal market due to the increase in use of nanocrystals for delivery of medicine in nanotechnology.

Global Nanocrystal Market by Regional Insights

The largest market for nanocrystal is North America and it accounted for about 40% of the total revenue generated. The growing initiatives by government of U.S. and Canada for use of nanocrystalline cellulose, growing public and private partnership for development of nanocrystals, and increasing research and development activities. Asia Pacific is expected to show high growth rate in the forecast period. Owing to the rapid development in research and development activities, demand for nanocrystal for drug delivery, and the rapid connection of cities using airways is expected to increase the demand for nanocrystal market in Asia Pacific.

Global Nanocrystal Market Competitive Landscape

The major players of the global Nanocrystal market include Integran Technologies, Nclear Inc., Hybrid Plastics, CelluForce, Arrowhead Pharmaceuticals, Chemat Technology, Advanced Diamond Technologies, Hyperion Catalysis International, Asahi Kasei Corporation, Advanced Nano Products, and others. The report covers detailed profiles of the key players.

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Market Segmentation

Global Nanocrystal Market by Type, 2015 – 2027

· Nanocrystalline Cellulose

· Nanocrystalline Silicon

Global Nanocrystal Market by Application, 2015 – 2027

· Medicine

· Electronics

· Aerospace

· Others

Global Nanocrystal Market by Region, 2015 – 2027

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East and Africa

Global Nanocrystal Market: Key Players

· Nclear Inc.

· Hybrid Plastics

· Integran Technologies

· Advanced Diamond Technologies

· Chemat Technology

· Hyperion Catalysis International

· CelluForce

· Asahi Kasei Corporation

· Advanced Nano Products

· Arrowhead Pharmaceuticals

· Others

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Table of Content

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Nanocrystal Market

3.Market Dynamics

3.1.Introduction
3.1.1. Global Nanocrystal Market Value, 2015-2027, (US$ Mn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Application
3.3.3.Geography

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Nanocrystal Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Nanocrystal Market, by Country, 2015-2027(US$ Mn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Nanocrystal Market, by Type, 2015-2027(US$ Mn)
6.2.1.Overview
6.2.2.Nanocrystalline Cellulose
6.2.3.Nanocrystalline Silicon
6.3.North America Nanocrystal Market, By Application, 2015-2027(US$ Mn)
6.3.1.Overview
6.3.2.Medicine
6.3.3.Electronics
6.3.4.Aerospace
6.3.5.Others

Chapter 7. Europe

Chapter 8. Asia Pacific

Chapter 9. Latin America

Chapter 10. Middle East

Chapter 11. Africa

Chapter 12. Company Profiles

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

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Name: Charlie Geffen Address: 105 N 1st ST #429, SAN JOSE, CA 95103 US (US/CANADA) Ph.: +1-800-361-8290 E-mail: [email protected]

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Contact Information:

Name: Charlie Geffen
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
E-mail: [email protected]

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