U.S. Nanomaterials Market Size & Outlook, 2023-2030
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U.S. nanomaterials market highlights
- The U.S. nanomaterials market generated a revenue of USD 3,034.0 million in 2023 and is expected to reach USD 7,540.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 13.9% from 2024 to 2030.
- In terms of segment, carbon nanotubes was the largest revenue generating material in 2023.
- Ti (Titanium) is the most lucrative material segment registering the fastest growth during the forecast period.
Nanomaterials market data book summary
| Market revenue in 2023 | USD 3,034.0 million |
| Market revenue in 2030 | USD 7,540.7 million |
| Growth rate | 13.9% (CAGR from 2023 to 2030) |
| Largest segment | Carbon nanotubes |
| Fastest growing segment | Ti (Titanium) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Au (Gold), Ag (Silver), Fe (Iron), Cu (Copper), Pt (Platinum), Ti (Titanium), Ni (Nickel), Aluminum Oxide, Antimony Tin Oxide, Bismuth Oxide, Carbon Nanotubes |
| Key market players worldwide | Air Products & Chemicals Inc, Nanoco Group PLC, Frontier Group Holdings Inc, Nanophase Technologies Corp, Cytokinetics Inc, Quantum Corp |
Other key industry trends
- In terms of revenue, U.S. accounted for 24.4% of the global nanomaterials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. nanomaterials market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 7,540.7 million by 2030.
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Nanomaterials Market Scope
Nanomaterials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Quantum Corp | View profile | 850 | 224 Airport Parkway, Suite 550, San Jose, CA, United States, 95110 | https://www.quantum.com |
| Nanophase Technologies Corp | View profile | 79 | 1319 Marquette Drive, Romeoville, IL, United States, 60446 | https://www.nanophase.com |
| Frontier Group Holdings Inc | View profile | 7675 | 4545 Airport Way, Denver, CO, United States, 80239 | https://www.flyfrontier.com |
| Nanoco Group PLC | View profile | 37 | The Heath Business & Technical Park, Heath Road South, Science Centre, Runcorn, United Kingdom, WA7 4QE | http://www.nanocotechnologies.com |
| Cytokinetics Inc | View profile | 564 | 350 Oyster Point Boulevard, South San Francisco, CA, United States, 94080 | https://www.cytokinetics.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
U.S. nanomaterials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nanomaterials market will help companies and investors design strategic landscapes.
Carbon nanotubes was the largest segment with a revenue share of 24.49% in 2023. Horizon Databook has segmented the U.S. nanomaterials market based on au (gold), ag (silver), fe (iron), cu (copper), pt (platinum), ti (titanium), ni (nickel), aluminum oxide, antimony tin oxide, bismuth oxide, carbon nanotubes covering the revenue growth of each sub-segment from 2018 to 2030.
To become a global power and lead the technological advancement across the globe, the U.S. government invests heavily in nanotechnology. It coordinates work on nanomaterials with 20 government agencies through the National Nanotechnology Initiative (NNI) an R&D initiative of the U.S. government that combines federal departments and agencies with interests in nanomaterials research, development, and commercialization.
NNI has estimated that more than 20,000 researchers are involved in the R&D and application development of nanomaterials in the country. NNI was established with four major goals: to advance a world-class nanotechnology R&D program, to foster the transfer of new technologies into products for commercial and public benefit, to develop educational resources, to support infrastructure.
The NNI budget represents the sum of the nanotechnology-related investments allocated by each participating agency. Nanomaterials underpin key industries of the future such as robotics, artificial intelligence, quantum information science, and advanced manufacturing.
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Our clientele includes a mix of nanomaterials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. nanomaterials market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nanomaterials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. nanomaterials market size, by material, 2018-2030 (US$M)
U.S. Nanomaterials Market Outlook Share, 2023 & 2030 (US$M)
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