Market Overview:
Nanofibers are the fibers with diameter in nanometer range.
Usually their diameter is less than 100 nanometer (nm). The nanofibers
synthesized using different polymers possess different physical properties and
their application potential vary accordingly. Naturally occurring polymers such
as collagen, cellulose, silk fibroin, keratin, gelatin, and polysaccharides are
suited for manufacturing of Polymer Nanofiber. Polymeric Nanofibers exhibits
some important properties such as large surface area-to-volume ratio, high
porosity, better operational flexibility, and greater mechanical strength.
Their applications can be seen in both technological as well as commercial
use.
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Polymer Nanofiber find their applications in tissue
engineering, drug delivery, energy storage, optical sensors, and filtration
among others. The global filtration and separation technology market is
estimated grow at ~6% CAGR to reach double digit billion dollar figure, which
is projected to fuel demand for the product during the forecast period. In
addition to this, the global drug delivery technology market is growing at
considerable CAGR on account of rising prevalence of chronic diseases, launches
of new product, demand for biologics, and technological advancements, are some
of the major factors driving the growth of the drug delivery technology market.
This, in turn, is expected to boost the demand for Polymer Nanofiber during the
forecast period.
Competitive Analysis:
Key players in the Global Polymer Nanofiber Market are eSpin
Technologies (U.S.), SNS Nano Fiber Technology (U.S.), Ahlstrom Corporation
(FINLAND), DuPont (U.S.), Hollingsworth & Vose (U.S.), Donaldson Company,
Inc. (U.S.), Johns Manville (U.S.), TEIJIN LIMITED (Japan), TORAY INDUSTRIES,
INC. (Japan), and Catalytic Materials LLC (U.S.), among others.
Market Segmentation:
The Global Polymer Nanofiber Market has been segmented on the
basis of method, end use, and region. On the basis of method, the market is
divided into electros pining, thermal induced phase separation (TIPS), drawing,
template, and self-assembly. Electros pining is the most widely used method for
synthesizing Polymer Nanofibers. The instruments is necessary for electro
spinning, which include a high voltage supplier, a capillary tube with a
pipette or needle with a small diameter, and a metal collecting screen. The
electro spinning technique helps in transforming many types of polymers into
Nanofibers with an ease. An electro spun Nanofiber network resembles the
extracellular matrix (ECM) well, which is the major advantage of this method
over the others. In recent years, the method has made significant inroads into
commercial product manufacturing. The electro spinning has evolved from very
slow single jet spinning to systems of multiple jets or needleless spinning,
which has allowed increase in the production rate. Collectively, all these
favoring factors converging to propel growth of the Global Polymer Nanofiber
Market. Thermal-induced phase separation is also holds a significant market
share. The process includes separation of a homogenous polymer solution into a
multi-phase system via thermodynamic changes. The methods helps formation of
Polymer Nanofiber with high tensile strength, which enables its use in number
of heavy duty operations such as separation and filtration. The drawing method
helps in synthesizing a long single strand of Nanofibers one at a time. However,
the only limitation is that a viscoelastic material undergoes extensive
deformations during the process. Another important technique is template
synthesis method, which uses a Nanoporous membrane template composed of
cylindrical pores of uniform diameter to make fibrils (solid nanofiber) and
tubules (hollow nanofiber). Lastly, the self-assembly technique is used
to generate peptide nanofibers and peptide amphiphiles. This process offers
various driving forces such as hydrophobic interactions, electrostatic forces,
hydrogen bonding and van der Waals forces and is influenced by external
conditions such as ionic strength and pH.
Based on end use, the Global Polymer Nanofiber Market is
segmented into filtration, medicine, biotechnology, and energy, among others.
Among these end uses, the filtration segment is expected to grow at the highest
CAGR owing to increased demand from major industries such as food &
beverages, pharmaceuticals, and chemicals industry. In these industries, the
product is majorly used for decontamination, catalysis, filtration, and super
absorbents. The growth of these end use industries is anticipated to push
the growth of the filtration segment in coming years. Apart from this,
the major end use of Polymer Nanofiber can be found in medicine and
biotechnology. Growing global drug delivery technology market is a major factor
driving the growth of the medicine segment, along with biotechnology.
Increasing environmental concerns in favor of energy conservation is expected
to propel demand of Polymer Nanofiber in energy segment, wherein the product is
majorly used in energy storage and insulation.
Regional Analysis:
The Global Polymer
Nanofiber Market is geographically divided into five key regions
namely, Asia Pacific, North America, Europe, Latin America, and the Middle East
& Africa. Asia Pacific is the leading region across the globe owing to the
increasing demand from chemicals and electrical & electronics, along with
the food & beverages industry in this region. Countries namely India,
China, and Japan are the leading markets in this region due to the presence of
many key players and growing demand from major end use industries along with a
huge government spending on research projects in the field of nanotechnology.
North America is the second most significant region in the
Global Polymer Nanofiber Market. The U.S. and Canada are the largest markets in
this region due to the presence of well-established and leading end use
industries such as pharmaceuticals and food & beverages.
Europe is the substantial region in the Global Polymer
Nanofiber Market. The major markets in this region are Germany, the U.K.,
France, and Italy owing to growing demand for polymer Nanofibers by
agriculture, biomedicine, nano-safety, and energy storage sector.
Latin America is on the rise with pacifying political and
economic scenario in Brazil and Colombia. During the forecast period the region
anticipated to hold considerable share of the global polymer nanofiber market.
The Middle East & Africa is holding relatively lesser shares in the global
polymer nanofiber market. The region is anticipated to witness growth in coming
years on account of hitherto untapped growth opportunities.
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