Nanocomposites Market Growth Insight, Share, Emerging Technologies, Share, Competitive, Regional, And Global Industry Forecast To 2027
The global nanocomposites market size is projected to reach USD 14.34 billion by the end of 2027. The increasing applications of the product across diverse industry verticals will emerge in favor of market growth. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “ Nanocomposites Market Size, Share & Industry Analysis, By Type (Polymer, Metal, Ceramic, Others), By Product (Carbon Nanotubes, Nanoclay, Graphene, Nanofiber, Others), By Application (Packaging, Electrical & Electronics, Automotive, Aerospace & Defense, Others), and Geography Forecast, 2020-2027 ” the market was worth USD 4.32 billion and will exhibit a CAGR of 16.3% during the forecast period, 2020-2027. Nanocomposites are substances that possess properties that cater to applications across diverse industry verticals. The massive investments in the research and development of effi