Global Nanofiber Market to reach USD 2.16 billion by 2027.Global Nanofiber Market is valued at approximately USD 0.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 17.5 % over the forecast period 2021-2027. A nanofiber is a narrow, thread-like filament, either natural or synthetic, with dimensions ranging from 50 nm to 1000 nm. 10-9m is equivalent to 1 nanometer. Nanofibers are a rapidly increasing market, with significant research and development being conducted in a variety of industries. Nanofibers have only been on the market for a few decades, but research reveals that they have enormous promise. Nanofibers are also showing great promise in the industries of electronics, medicine, pharmaceuticals, and textiles, with plenty of space to expand globally. Nanofibers are typically placed to filtration substrates as a coating to boost filtering capacity. The physical properties of nanofibers, particularly their extensive interconnectivity and high specific surface area, prevent bacteria, viruses, and dust particles from passing through. Nanofibers are used to filter water, drinks/beverages, blood, chemicals, petrol, and oil in liquid filtration applications. Nanofibers feature distinct physical characteristics such as high porosity, a porous structure that is interconnected, and design flexibility. When compared to comparable commercial filters, the use of nanofiber substrates results in an initial increase in efficiency, smaller pressure drops, and significant energy savings. Nanofibers have a variety of unique properties that allow them to be used in a variety of innovative textile applications. The structure of nanofibers is crucial for achieving functional applications in technical medical textiles (Medtech). The key creation mechanisms of structured functional nanofibers, such as core-shell, aligned, porous, composite, tubular, mechanical, and chemical, are discussed, along with a summary of the processes involved. Many researchers have recently focused on nanofibers as appropriate technologies and materials for Medtech, expanding the spectrum of medical textiles. However, rising environmental concerns due to the toxicity of nano products may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global Nanofiber Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). Asia Pacific is the leading region across the world in terms of market share due to increasing demand from industries such as healthcare, aerospace and defense, energy, and automotive industries in the region. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increased requirement of nanofibers in the water filter technology across the region.

Major market player included in this report are:
Ahlstrom-Munksjo
Asahi Kasei Corporation
Donaldson Company, Inc.
DuPont
Nanofibers Solution LLC, Inc.
Toray Industries, Inc.
Espin Technologies
Elmarco S.R.O.
Mempro Ltd.
Revolution Fibers Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Carbon Nanofiber
Composite Nanofiber
Metal and Metal Oxides Nanofiber
Polymeric Nanofiber
Carbohydrate Based Nanofiber
Ceramic Nanofiber
By Application:
Water and Air Filtration
Automotive and Transportation
Textiles
Medical
Electronics
Energy Storage
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018,2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Nanofiber Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors