This report provides exclusive insights into the COVID-19 impact on the Nanofibers Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Nanofibers Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Nanofibers Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
nanofibers market provides an in-depth analysis of segments and sub-segments in
the global as well as regional nanofibers market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
nanofibers market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
nanofibers market. According to the report, the global nanofibers market is
projected to grow at a CAGR of 25.61% over the forecast period of 2019-2025.
Market Insight
As nanotechnology is evolving, its application in various
industries is also increasing. The use of nanocomposites in the products
improves their physical properties. Nanofibers are the nanocomposites which are
having excellent mechanical and chemical characteristics. Nanofibers have found
their application in various end-use industries including healthcare, aerospace
and defense, electronics, automotive and others. The nanofibers market is as
new as any other nanocomposite market. It is highly fragmented with several
international and local players competing with each other in the market for
their share. The key players in the market including Elmarco Ltd., eSpin
Technologies Inc., DuPont de Nemours, Inc., FibeRio Technology Corporation,
Toray Industries, Inc., Donaldson Company, Inc., and others are mainly focusing
on the development of innovative production techniques to lower the
manufacturing cost.
The increasing demand for nanofibers from various end-users is
majorly driving the nanofibers market. The nanofibers have found their
application in a number of industries including healthcare, aerospace and
defense, electronics, automotive and others owing to their superior mechanical
and chemical properties. Moreover, the increase in adoption of low-cost
polymers in the production are expanding the demand for nanofibers. The polymer
nanofibers are having lower production costs and are used in several
applications. Furthermore, the shift in consumer preference for sustainable and
eco-friendly products is supporting the growth of the nanofibers market.
However, the lack of scalability of carbon nanofibers due to the complex
manufacturing procedure and expensive instrumentation is the major restraining
factor for the growth of the nanofibers market. Nevertheless, the growing
investment in R&D for new manufacturing techniques is expected to offer lucrative
opportunities for the key players in the nanofibers market.
In terms of region, Asia-Pacific generated the highest revenue for
nanofibers, dominating the global market. The largest market share of the
Asia-Pacific region attributed to the rising demand from healthcare, aerospace
and defense, energy, and automotive industries and an increasing focus on
manufacturing sustainable and eco-friendly products. Moreover, the rise in the
investment for R&D and shift in consumer preference are expected to boost
the growth of the nanofibers market in Asia-Pacific.
Segment Covered
The report on the global nanofibers market covers segments such as
product type, and end-user. On the basis of product type, the sub-markets
include carbon nanofiber, polymeric nanofiber, composite nanofiber, metallic
nanofiber, and other types. On the basis of end-user, the sub-markets include
electronics, healthcare and pharmaceutical, automotive, energy, chemical,
aerospace & defense, and other end-users.

Companies Profiled:
The report provides profiles of the companies in the market such
as Elmarco Ltd., eSpin Technologies Inc., DuPont de Nemours, Inc., FibeRio
Technology Corporation, Toray Industries, Inc., Donaldson Company, Inc.,
Finetex EnE, Inc., Teijin Limited, Ahlstrom-Munksjö Oyj, Pardam, s. r. o., and
other companies.
Report Highlights:
The report provides deep insights into the 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 an 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 nanofibers
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. 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 an insight into the
market share of the leading players.