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Aerospace Nanotechnology Market (Nanomaterial Type - Nanocomposites, Nanoparticles, Nanocoatings, and Others; Application - Space & Defense, and Commercial Aviation): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Aerospace Nanotechnology Market (Nanomaterial Type - Nanocomposites, Nanoparticles, Nanocoatings, and Others; Application - Space & Defense, and Commercial Aviation): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

Report Code: CM00165 Category: Chemicals & Materials Published: August, 2022

A recent report published by Infinium Global Research on the aerospace nanotechnology market provides an in-depth analysis of segments and sub-segments in the global as well as regional aerospace nanotechnology market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional aerospace nanotechnology market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global aerospace nanotechnology market. According to the report, the global aerospace nanotechnology market is projected to grow at a CAGR of around 4% over the forecast period of 2022-2028.

Market Insight

The revenue generated by the aerospace nanotechnology market was over USD 5 billion in 2022 and is expected to reach about USD 7 billion in 2028 and is expected to grow with a CAGR of around 4% over the forecast period 2022-2028. The emergence of nanotechnology has drastically changed the dynamics of several end-user industries. Nanotechnology helps in manufacturing products with superior strength, durability, and lightweight. It has found significant application in the field of aerospace. By using nanotechnology, the manufacturers can develop products with greater strength and reduced weight, which helps to improve the performance of the aircraft. The aerospace nanotechnology market is highly competitive and fragmented in nature. Several well-established companies compete with the new market players for their share of the market. The key players including Airbus SE, Lockheed Martin Corporation, and others are focusing on the development of new manufacturing methods to reduce production costs.

Aerospace Nanotechnology Market


The covid-19 pandemic had severe impacts on the aerospace nanotechnology market. The biggest impact was felt by R&D programs undertaken by aerospace research institutions in collaboration with market players. As drastic measures such as lockdowns were implemented, the physical movement of people was hampered. Along with social distancing norms, there was a dearth of professionals involved in R&D programs which led to either the delaying of the projects or their postponement. The supply chain disruption affected the sourcing of raw materials. Aerospace manufacturing was also jolted due to the low availability of manpower, restrictions on facility operations, and difficulties in sourcing raw materials. With the subsiding of the covid-19 pandemic, the market has also recovered quickly. The increase in the adoption of carbon nanotube nanocomposites in the manufacturing of airframes is majorly driving the aerospace nanotechnology market. Reinforcing carbon nanotubes in a material improves the strength and durability of that material. This is useful for producing components for aircraft to improve their strength while keeping their weight to a minimum. By using nanotechnology the weight of components and the equipment in the aircraft can be reduced, which reduces the overall weight of the aircraft. The reduced weight helps to improve the performance of the aircraft. Furthermore, the increase in the use of nanotechnology to manufacture propulsion systems, nanosensors, and multiwall carbon nanotubes is supporting the growth of the aerospace nanotechnology market. The strong growth of the aviation sector is also expected to enable the growth of the market. The growing number of air passengers has increased the demand for new aircraft which increases the use of nanotechnology in their manufacturing. However, the fluctuating prices of raw materials are the major restraining factor for the growth of the aerospace nanotechnology market. Nevertheless, the growing investments in the R&D of aerospace nanotechnology are expected to offer lucrative opportunities for the key players in the aerospace nanotechnology market.

In terms of region, North America held the highest market share, dominating the global aerospace nanotechnology market. The dominance of the North American region is attributed to the growing focus of OEMs, engine manufacturers, and component suppliers to reduce the overall weight of an aircraft and the increase in the adoption of nano and microsatellites. Moreover, the significant presence of global provides nanotechnology vendors is expected to boost the growth of the aerospace nanotechnology market in North America. The demand for new aircraft is high in North America as this region has one of the biggest aviation sectors in the world. Furthermore, the commercialization of the space sector has happened at an unprecedented rate with companies such as Virgin Galactic, SpaceX, and Blue origin being the leaders. These companies are investing largely in new technologies such as nanotechnology for bringing down the cost of their space operations.

Segment Covered

The report on the global aerospace nanotechnology market covers segments such as nanomaterial type, and application. On the basis of nanomaterial type, the sub-markets include nanocomposites, nanoparticles, nanocoatings, and others. On the basis of application, the sub-markets include space & defense, and commercial aviation.

Companies Profiled:

The report provides profiles of the companies in the market such as Airbus SE, Huntsman International LLC, Nanotechnology Company Glonatech SA, Lockheed Martin Corporation, Meijo Nano Carbon, Zyvex Technologies, Veelo Technologies, LLC., TOUGHGUARD, LLC., and Raymor Industries Inc., Others.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the aerospace nanotechnology market. Moreover, the study highlights current market trends and provides forecasts from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players.


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