"Innovative Market Solutions to Help Businesses Make Informed Decisions"
Nanocrystals are the particles of materials who have at least one of its dimensions less than 100 nanometers. These particles are distinguished on the base of the size of the crystal. When employed with solids, nanocrystal exhibits exceptional properties like complex melting behaviour, efficient light emission and other. These nanocrystals are used to study the behaviour of macroscopic samples of same materials.
Increasing demand for nanocrystalline cellulose in medical, personal care and cosmetics industries is likely to drive the market growth. The extensive use of nanocellulose in tampons, diapers, sanitary napkins, and wound dressings is surging the demand for nanocellulose crystals. Additionally, the adoption of solar cells and panels as energy source is expected to boost the demand for nanocrystalline silicon that is used in the solar cells.
However, synthesis of nanocrystals involves various complicated processes. The manufacturing cost of such nanocrystals is generally higher which is anticipated to limit the market growth.
Key Market Driver -
Increasing demand from medical and energy industry.
Key Market Restraint -
High cost of production.
Based on type, the market is segmented into nanocrystalline cellulose and nanocrystalline silicon. Based on end-use, the market is segmented into medical, electronics, aerospace, energy, packaging, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global nanocrystal market consists of global & regional players operating. Some of the key players in the market include Nclear Inc, Hybrid Plastics, Integran Technologies, Advanced Diamond Technologies, Chemat Technology, Hyperion Catalysis International, CelluForce, Asahi Kasei Corporation, Advanced Nano Products, Arrowhead Pharmaceuticals, and Others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest share in the market attributed to the high spending of consumer on personal care and hygiene products. Additionally, the increasing awareness in consumers about the use of conventional sources of energy is expected to boost the demand for nanocrystalline silicon. Europe shall hold the second-largest share attributed to the higher rate of adoption of solar panels for energy resources. Asia Pacific is estimated to show significant increase in demand for nanocrystalline cellulose attributed to the extensive use of sanitary napkins, diapers and other personal care products. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period.
To gain extensive insights into the market, Request for Customization
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry