Nanoclays are nanoparticles of layered mineral silicates. They consist of a two-dimensional, 1-nm thick layer of mineral silicates with multiple mechanical properties. Based on the chemical composition and morphology of nanoparticles, nanoclays are categorized into several types such as montmorillonite, bentonite, kaolinite, hectorite, and halloysite. Nanoclays are extensivesly used as flame retardants owing to their anti-inflammatory properties. Moreover, they are used in packaging materials, paints & coatings, and others.
MARKET DYNAMICS
Increasing popularity of nanotechnology and rising demand for nanoclays across various end use industries such as packaging, paints & coatings, textile, and others are some of the key factors driving the market growth. Moreover, surging demand for nanoclays from the automotive & aerospace industry owing to the wide application of nanoclays to replace steel and metal parts in automobiles to reduce their weight, is the major factor boosting the product demand.
MARKET SCOPE
The "Global Nanoclay Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the nanoclay market with detailed market segmentation by type and end use. The global nanoclay market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading nanoclay market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global nanoclay market is segmented into type and end use. By type, the nanoclay market is classified into montmorillonite, kaolinite, smectite, bentonite, and others. By end use, the nanoclay market is classified into flame retardants, packaging, paints & coatings, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global nanoclay market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The nanoclay market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the nanoclay market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the nanoclay in these regions.
MARKET PLAYERS
The report covers vital developments in the nanoclay as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the nanoclay are anticipated to lucrative growth opportunities in the future with the rising demand for nanoclay in the global market. Below mentioned is the list of few companies engaged in the nanoclay market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the nanoclay market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Nano Research Elements, Inc.
- Nanoshel LLC
- ELEMENTIS PLC
- Merck KGaA
- American Elements
- Ottokemi
- KUNIMINE INDUSTRIES CO., LTD.
- RTP Company
- UBE
- Southern Clay Products Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.