US Nanofibers Market to Grow at CAGR 25% till 2026
Government
support through increasing investments in nanotechnology, research and
development activities coupled with
growing demand from electronics and
healthcare sectors to drive US
nanofibers market through 2026
According to TechSci Research
report, “US
Nanofibers Market By Type, By End Use Industry, Competition Forecast & Opportunities,
2012 – 2026”, United
States nanofibers market is projected to exhibit a CAGR of over 25% during 2017
– 2026, on account of increasing
government funding and initiatives on nanotechnology, growing focus of research
organizations, universities and various companies on developing novel
technologies coupled with high usage of
nanofibers in filtration application. Moreover, rising demand for nanofibers in
emerging applications in the electronics and healthcare end use industries is anticipated
to drive the market during the
forecast period. Additionally, increasing investments in development of wastewater
treatment infrastructure is also expected to augment demand for nanofibers
in filtration and purification applications over the course of next ten years.
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https://www.techsciresearch.com/report/us-nanofibers-market-by-type-polymer-carbon-cellulose-composite-metallic-etc-by-end-use-industry-mechanical-chemical-environment-electronics-healthcare-etc-competition-forecast-opportunities/958.html
Mechanical, Chemical & Environment (MCE) and Healthcare
are among the leading end use industry segments in the United States nanofibers
market. However, electronics end use segment is expected to witness the fastest
growth during 2017-2026 due to surging demand for nanofibers from batteries and
energy storage applications. In 2016, south east region dominated the market owing to presence of a large number of universities
that are involved in the research of nanofibers and medical
device manufacturing facilities. West region held the second largest share in
the market in the same year on the back of presence of a large number of oil
refineries, which are expected to drive demand for
nanofibers in the coming years.
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“Growing application of nanofibers in electronics and heathcare
industries for production of lithium-ion batteries and tissue engineering,
respectively, are anticipated to fuel nanofibers demand in the country in the coming years. Increasing
government support through funds and investments as well as rising research and
development activities are expected to positively influence nanofibers market
in the country through 2026.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“United States Nanofibers Market By Type, By End
Use Industry, Competition Forecast & Opportunities, 2012 – 2026” has evaluated the future
growth potential of the United
States nanofibers market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment evaluation. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in the United States nanofibers market.
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