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San Francisco, December 7, 2021 /PRNewswire/ - A new report from Grand View Research, Inc. shows that by 2028, the global nanomaterials market is expected to reach USD 23.1 billion. The market is expected to grow at a compound annual growth rate from 2021 to 2028, an increase of 14.1%. It is expected that during the forecast period, more and more applications of nanomaterials in the fields of electronics and biomedicine, government financial support, continuous research and development, and rapid economic growth will promote the development of the market.
The main insights and findings of the report:
Read the 142-page market research report, "Nanomaterials market size, sharing and trend analysis report by product (gold, silver, iron, copper), by application (aerospace, automotive, medical), by region and market segment Forecast, 2021-2028", Grand View Research
Due to continuous R&D activities in recent years, the market is witnessing huge potential. Nanomaterials are expected to become more and more popular due to their excellent properties and diversified applications in a wide range of industries such as aerospace, automotive, electronics, energy storage, and wastewater treatment.
The growth of the market has been adversely affected by the economic crisis and the blockade caused by the Covid-19 pandemic. However, the industry is gradually turning to the new normal to achieve growth trends similar to those before the pandemic. Major players dominate the market by providing a diversified product portfolio. Manufacturers provide products according to standards and design specifications provided by end users. However, it is expected that more and more potential suppliers will reduce their bargaining power.
Grand View Research has segmented the global nanomaterials market based on products, applications and regions:
List of major players in the nanomaterials market
View Grand View Research's report on the global nanoparticle industry:
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Grand View Research is a US-based market research and consulting company that provides joint and customized research reports and consulting services. The company is registered in California, headquartered in San Francisco, has more than 425 analysts and consultants, and adds more than 1,200 market research reports to its huge database every year. These reports provide in-depth analysis of 46 industries in 25 major countries around the world. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and well-known academic institutions understand the global and regional business environment and seize future opportunities.
Contact: Sherry James Corporate Sales Specialist, Grand View Research, Inc., USA Tel: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [Email Protection] Website: https://www .grandviewresearch. com follow us: LinkedIn | Twitter
SOURCE Grand View Research, Inc.
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