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Nanotextiles Market Estimated to Experience a Hike in Growth by 2026

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Nanotextiles Market Growth by Top Companies, Region, Application, Driver, Trends & Forecasts by 2027

The global market for nanotextiles should grow from $5.1 billion in 2019 to $14.8 billion by 2024 at a compound annual growth rate (CAGR) of 23.6% for the period of 2019-2024.

Report Scope:

This report provides an updated review of nanotextile technology, including materials and production processes, and identifies current and emerging applications for this technology.

BCC Research delineates the current market status for these products, defines trends, and presents growth forecasts for the next five years. The market is analyzed based on the following segments: nanotextile type, functionality, nanostructured material, application, and region. In addition, technological issues, including key events and the latest developments, are discussed.

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More specifically, the market analysis conducted by BCC Research for this report is divided into five sections.

In the first section, an introduction to the topic and a historical review of nanotextiles are provided, including an outline of recent events. In this section, current and emerging applications are also identified and grouped in segments (apparel, technical, household, and other consumer products).

The second section provides a technological review of nanotextiles. This section offers a detailed description of materials used for production of nanofabrics, properties of nanotextiles, and typical fabrication methods. This section concludes with an analysis of the most important technological developments since 2016, including examples of significant patents recently issued or applied for. The chapter ends with a highlight of the most active research organizations operating in this field and their activities.

The third section entails a global market analysis for nanotextiles. Global revenues (sales data in millions of dollars) are presented for each segment (nanotextile type, functionality, nanostructured material, application, and region), with actual data referring to the years 2017 and 2018 and estimates for 2019. Dollar figures refer to sales of these products at the manufacturing level.

The analysis of current revenues for nanotextiles is followed by a detailed presentation of market growth trends, based on industry growth, technological trends, and regional trends. The third section concludes by providing projected revenues for nanotextiles within each segment, together with forecast compound annual growth rates (CAGRs) for the period 2019 through 2024. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.

In the fourth section of the study, which covers global industry structure, the report offers a list of the leading manufacturers of nanotextiles, together with a description of their products. The analysis includes a description of the geographical distribution of these firms and an evaluation of other key industry players. Detailed company profiles of the top players are also provided.

The fifth and final section includes an analysis of recently issued U.S. patents, with a summary of patents related to nanotextile materials, fabrication methods, and applications. Patent analysis is performed by region, country, assignee, patent category, application, and material type.

Report Includes:

– 55 data tables and 29 additional tables
– Detailed overview and industry analysis of nanotextiles and their global market
– Analyses of global market trends with data from 2017, 2018, estimates for 2019 and projections of compound annual growth rates (CAGRs) through 2024
– Segmentation of the global nanotextiles market by product type, fabrication technology, application, end use industry and geographical region
– Identification of the fastest-growing applications and technologies, and a holistic overview of the current and future market trends which will lead to increasing demand for nanotextiles production
– An extensive U.S. analysis of recently issued patents, with a summary of patents related to various types of nanotextiles and their fabrication methods and applications
– Description of the geographical distribution of manufacturers and detailed company profiles of the top industry players including Donaldson, eSpin Technologies, Finetex EnE, Nano-Textile and Parker Hannifin

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Summary

Nanotextiles are a class of textiles that utilize nanotechnology during their fabrication process. In particular, the term nanotextiles applies to four categories of products: nanocoated textiles, fabrics consisting of nanofiber webs, textiles obtained from composite fibers based on nanostructures, and nanoporous textiles.

Although the origin of nanotechnology can be traced back to the 4th century, the first nanotextiles were only introduced during the 1980s in the form of nanofiber-based membranes for filtration. During the past 40 years, sales of nanotextiles have expanded steadily and are currently experiencing very strong growth, due to their increasing use in the fabrication of mass-market products within a range of sectors. This study provides an updated, comprehensive description of nanotextiles and their characteristics, highlighting the latest developments in their fabrication technology and features. It also offers a detailed market analysis for these products by segment (nanotextile type, functionality, nanostructured material, application, and region), describing technical aspects and trends that will affect future growth of this market.

As shown in the Summary Table, the global market for nanotextiles increased from nearly REDACTED in 2017 to REDACTED in 2018 and is estimated to be valued at REDACTED in 2019.

BCC Research has divided all the applications where nanotextiles have current and potential use in two main groups: consumer products and technical products.

Consumer products, which include mainly apparel and household articles, currently account for the largest share of the market, at an estimated REDACTED of the total in 2019, corresponding to REDACTED in 2019. Within this segment, nanotextiles are being used primarily for the fabrication of high-performance outerwear and stocking. Sales of these products have risen at a very healthy CAGR of REDACTED during the 2017-2019 period.

By comparison, nanofabrics for technical products represent a share of REDACTED of the total, corresponding to estimated 2019 revenues of REDACTED. This segment has been expanding at a REDACTED CAGR since 2017, mainly driven by applications in the mechanical/chemical/environmental, life science, and energy sectors.

Sales of nanotextiles are projected to continue rising at a double-digit rate during the next five years. Relevant factors that will contribute to market expansion through 2024 are the following –
– Increasing penetration in large industry sectors such as apparel, filtration and separation, catalysis, biomedical, energy, and automotive.
– Greater utilization in the fabrication of products characterized by strong demand, such as membranes, photocatalysts, and tissue engineering scaffolds.
– Growing market penetration of nanotextiles in developing countries.
– Increasing use of these products in wearable electronics and wearable medical devices.
– High levels of related R&D activities.

As a result, the total market for nanotextiles is forecast to rise at a CAGR of REDACTED from 2019 to 2024, reaching global revenues of REDACTED in 2024.

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Nanotextiles Market, Growth Factor, Key Players,Trends and Forecast To 2027

 Nanotextiles

The recent report on “Global Nanotextiles Industry Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027” offered by Credible Markets, comprises a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Nanotextiles Industry Market”.

An exhaustive competition analysis that covers insightful data on industry leaders is intended to help potential market entrants and existing players in competition with the right direction to arrive at their decisions. Market structure analysis discusses in detail Nanotextiles Industry companies with their profiles, revenue shares in the market, comprehensive portfolio of their offerings, networking and distribution strategies, regional market footprints, and much more.

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The report primarily attempts to track the evolution of the growth path of the market from 2019, through 2021, and post the crisis. It also provides long-term market growth projections for a predefined period of assessment, 2015 – 2027. Based on a detailed analysis of the industry’s key dynamics and segmental performance, the report offers an extensive assessment of demand, supply, and manufacturing scenarios.

Key players in the global Nanotextiles market covered in Chapter 12:

Ermenegildo Zegna
Donaldson
Parker Hannifin

In Chapter 4 and 14.1, on the basis of types, the Nanotextiles market from 2015 to 2025 is primarily split into:

Graphene
Carbon Nanotubes
Nanocellulose
Metal Oxide Nanomaterials
Nanosilver
Nanofibers
Nanocoatings

In Chapter 5 and 14.2, on the basis of applications, the Nanotextiles market from 2015 to 2025 covers:

Wearable Electronics
E-textiles
Apparel
Sportswear
Footwear
Medical Textiles
Industrial Textiles

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2027) of the following regions: United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World

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Some Points from Table of Content

Global Nanotextiles Industry Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027 

Chapter 1 Nanotextiles Industry Introduction and Market Overview

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Global Nanotextiles Industry Market, by Type

Chapter 5 Nanotextiles Industry Market, by Application

Chapter 6 Global Nanotextiles Industry Market Analysis by Regions

Chapter 7 North America Nanotextiles Industry Market Analysis by Countries

Chapter 8 Europe Nanotextiles Industry Market Analysis by Countries

Chapter 9 Asia Pacific Nanotextiles Industry Market Analysis by Countries

Chapter 10 Middle East and Africa Nanotextiles Industry Market Analysis by Countries

Chapter 11 South America Nanotextiles Industry Market Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Global Nanotextiles Industry Market Forecast

Chapter 15 New Project Feasibility Analyses

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.

• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.

• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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Impact of Covid-19 in Nanotextiles Industry MarketSince the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Nanotextiles Industry market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. 

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Thanks for reading this article you can also get individual chapter wise sections or region-wise report versions like North America, Europe, MEA, or the Asia Pacific.