South America Nanofiber Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Polymeric Nanofiber, Carbon Nanofiber, Ceramic Nanofiber, Glass Nanofiber, and Others) and Application (Industrial Air Filtration, Defense & Security, Consumer Goods & Textiles, Electronic Components, Power & Energy, Healthcare & Life Sciences, Chemical & Environment, and Others)
Market Introduction
South American continent comprises of several developing economies such as Brazil, Argentina, Chile, Peru and Colombia among others. These countries are witnessing an upsurge in the middle-class population as well as growth in urbanization. Growth in the economic condition assist the players, government bodies to take further initiatives in respect to accelerate growth of South America. The Nanofiber is applicable in varied industries of South America such as automobile, textile, consumer goods, life science and pharmaceutical sectors. The scenario of economic recovery in South America appears as a promising region in number of key markets resulting into high sales of consumer goods driven by high population growth and disposable income throughout the region. In addition to this, the global conditions continue to enhance for consumers. Wide application areas of Nanofiber in consumer goods industries to produce swimsuits, shoes, and more because of their lightweight and greater strength feature. Moreover, in order to ensure greater safety of environment, steps are undertaken by the regulatory bodies of South American countries. For instance, Embrapa is a company that is owned by Brazilian government which leads development of bio and nanotechnology for agribusiness along with laboratories for molecular biology, cloning, tissue culture, genetic engineering, bioremediation, nanoparticles and development of transgenic organisms. It offers incubation space for all new enterprises indulge in agribusiness.
The U.S has the highest number of confirmed cases of COVID-19, as compared to Mexico and Canada. This is likely to impact the Nanofibers industry in the region as, due to the COVID-19, the overall manufacturing processes, research, and development activities and the supply chain is likely to get affected. In addition, COVID-19 has impacted several industries including semiconductors, consumer electronics, automobiles, and other FMCGs negatively in US. All these industries have huge demand for Nanofibers for Air filtration purposes thus shutdown of several manufacturing plants of these industries have impacted the growth of Nanofibers indirectly.
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Market Overview and Dynamics
The nanofiber market in South America is expected to grow US$ 111.71 million by 2028 from US$ 24.73 million in 2021. The market is estimated to grow at a CAGR of 24.0% from 2021 to 2028. Nanofibers have garnered huge attraction from the researchers for exploration of applications of Nanofibers owing to their distinguished physiochemical and mechanical properties. Some of the properties of Nanofibers that influence them to be used in the industries for Air filtration applications include high surface area, and high surface area-to-volume ratio, high porosity, high mechanical strength, and appreciable functionalization flexibility. The functionalization flexibility is achieved post the addition of any additives to the Nanofibers and is used as per the application requirement. Further, lighter weights of Nanofibers, and higher strengths make them ideal products to replace steel in the manufacture of automotive components. Automakers today, have shown high interests towards the Nanofibers as they result in the overall weight reduction of the vehicle. Further, the surface zone to the volume ratio of Nanofibers is approximately 1000 folds higher as compared to microfibers making them highly proficient products for industrial filtration applications. Little pore sizes, and good hydrophobicity ensure good particulate matter filtration and contaminant separation from air and water. The significant impact of Nanofiber technology is observed with the fact that a broad range of fundamental materials can be used for its synthesis. Nanofibers are manufactured from an assortment of natural as well as synthetic polymers, carbon based materials, composite materials, and semiconducting materials. Further, the synthetic polymers include polyvinyl alcohol, polyamides, polyurethanes, polystyrene, chitosan, and co-polymers. The flexibility of fundamental materials to be used in the Nanofiber synthesis, and the distinguished characteristics of these fibers together propel the demand growth of Nanofibers in a broad range of industry applications.
Key Market Segments
South America nanofiber market is segmented based on material and Application. Based on material, the South America nanofiber market is segmented into polymeric nanofiber, carbon nanofiber, ceramic nanofiber, glass nanofiber and others. The polymeric nanofiber segment accounted for the highest share in the market in 2020 and carbon nanifiber segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into consumer goods & textiles, electronic components, industrial air filtration, defense & security, power & energy, healthcare & life sciences, chemicals & environment and others. The Industrial Air filtration segment accounted for the highest share in 2020 and healthcare & life sciences segment is expected to be the fastest growing during forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on nanofiber market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Ahlstrom-Munksjo; Asahi Kasei Corporation; Donaldson Company, Inc.; DuPont, Nanofibers Solution LLC, Inc.; Toray Industries, Inc.; and Elmarco s.r.o.
Reasons to buy report
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America nanofiber market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in South America nanofiber market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the nanofiber market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
South America Nanofiber Market Segmentation
South America Nanofiber Market – By Material
- Polymeric Nanofiber
- Carbon Nanofiber
- Ceramic Nanofiber
- Glass Nanofiber
- Others
South America Nanofiber Market – By Application
- Consumer Goods & Textiles
- Electronic Components
- Industrial Air filtration
- Defense & Security
- Power & Energy
- Healthcare & Life sciences
- Chemicals & Environment
- Others
South America Nanofiber Market, by Country
- Brazil
- Rest of SAM
South America Nanofiber Market -Companies Mentioned
- Ahlstrom-Munksjö
- Asahi Kasei Corporation
- Donaldson Company, Inc.
- DuPont
- Nanofiber Solutions.
- Toray Industries, Inc.
- Elmarco s.r.o.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market segmentation
1.3.1 South America Nanofiber Market – By Material
1.3.2 South America Nanofiber Market – By Application
1.3.3 South America Nanofiber Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South America Nanofiber market Landscape
4.1 Market Overview
4.2 Pest Analysis
4.3 Expert Opinions
5. South America Nanofiber market – Key Industry Dynamics
5.1 Key market drivers
5.1.1 Advancing industrialization and the need to reduce harmful emissions from the industrial plants
5.1.2 Characterstics of Nanofiber Intangled with their ability to be manufactured from a broad range of materials
5.2 Key market restraints
5.2.1 Intricacies and challenges for Nanofibers in healthcare and biomedical engineering
5.3 key market opportunities
5.3.1 Widening support from Government for research & development activities on nanotechnology
5.4 Future trends
5.4.1 Enhancement in Electrospinning mechanisms for Nanofibers to increase throughput
5.5 Impact Analysis of Drivers and Restraints
6. South America Nanofiber – Market Analysis
6.1 South America Nanofiber Market Overview
6.1.1 South America: Nanofibers Market –Revenue and Forecast to 2028(US$ Million)
7. South America Nanofiber Market Revenue and Forecasts to 2028 – By Material
7.1 Overview
7.1.1 South America: Nanofibers Market, by Materials
7.2 Polymeric Nanofiber Market
7.2.1 Overview
7.2.2 Polymeric Nanofiber Market Forecasts and Analysis
7.3 Carbon Nanofiber Market
7.3.1 Overview
7.3.2 Carbon Nanofiber Market Forecasts and Analysis
7.4 Ceramic Nanofiber Market
7.4.1 Overview
7.4.2 Ceramic Nanofiber Market Forecasts and Analysis
7.5 Glass Nanofiber Market
7.5.1 Overview
7.5.2 Glass Nanofiber Market Forecasts and Analysis
7.6 Others
7.6.1 Overview
7.6.2 Others Nanofiber Market Forecasts and Analysis
8. South America Nanofiber Market Revenue and Forecasts to 2028 – By Application
8.1 Overview
8.1.1 South America: Nanofibers Market, by Application
8.2 Consumer Goods & textiles Market
8.2.1 Overview
8.2.2 Consumer Goods & textiles Market Forecasts and Analysis
8.3 Electronic Components Market
8.3.1 Overview
8.3.2 Electronic Components Market Forecasts and Analysis
8.4 Industrial Air Filtration Market
8.4.1 Overview
8.4.2 Industrial Air filtration Market Forecasts and Analysis
8.5 Defense & Security Market
8.5.1 Overview
8.5.2 Defense & Security Market Forecasts and Analysis
8.6 Power & Energy Market
8.6.1 Overview
8.6.2 Power & Energy Market Forecasts and Analysis
8.7 Healthcare & Life Sciences Market
8.7.1 Overview
8.7.2 Healthcare & Life Sciences Market Forecasts and Analysis
8.8 Chemical & Environmental Market
8.8.1 Overview
8.8.2 Chemical & Environmental Market Forecasts and Analysis
8.9 Others Market
8.9.1 Overview
8.9.2 Others Market Forecasts and Analysis
9. South America Nanofibers Market – Country Analysis
9.1 Overview
9.1.1 South America: Nanofibers Market, by Key Country
9.1.1.1 Brazil: Nanofibers Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Nanofibers Market, by Materials
9.1.1.1.2 Brazil: Nanofibers Market, by Application
9.1.1.2 Rest of South America: Nanofibers Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Rest of South America: Nanofibers Market, by Materials
9.1.1.2.2 Rest of South America: Nanofibers Market, by Application
10. Impact of COVID-19 Pandemic on South America Nanofiber Market
10.1 Overview
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New PRODUCT Development
12. Company Profiles
12.1 Ahlstrom-Munksjö
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Asahi Kasei Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Donaldson Company, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Dupont
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Nanofiber Solutions.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.6 Toray Industries, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Elmarco s.r.o.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil Nanofibers Market, by Materials – Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil Nanofibers Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 3. Rest of South and Central America Nanofibers Market, by Materials – Revenue and Forecast to 2028 (USD Million)
Table 4. Rest of South and Central America Nanofibers Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 5. Glossary of Term: Nanofiber Market
LIST OF FIGURES
Figure 1. Nanofiber market segmentation
Figure 2. Nanofiber market segmentation - country
Figure 3. Nanofiber Market Overview
Figure 4. Polymeric Nanofiber Segment Held Larger Share of South America Nanofiber Market in 2020
Figure 5. Brazil Dominated the South America Nanofiber Market in 2019
Figure 6. Nanofiber Industry Landscape
Figure 7. South America – PEST Analysis
Figure 8. Nanofiber Market Impact Analysis of Driver and Restraints
Figure 9. South America: Nanofibers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. South America: Nanofibers Market Revenue Share, by Materials (2020 and 2028)
Figure 11. South America Polymeric Nanofiber Market Revenue and Forecasts to 2028 (US$ million)
Figure 12. South America Carbon Nanofiber Market Revenue and Forecasts to 2028 (US$ million)
Figure 13. South America Ceramic Nanofiber Market Revenue and Forecasts to 2028 (US$ million)
Figure 14. South America Glass Nanofiber Market Revenue and Forecasts to 2028 (US$ million)
Figure 15. South America Others Nanofiber Market Revenue and Forecasts to 2028 (US$ million)
Figure 16. South America: Nanofibers Market Revenue Share, by Application (2020 and 2028)
Figure 17. South America Consumer Goods & textiles Market Revenue and Forecasts to 2028 (US$ million)
Figure 18. South America Electronic Components Market Revenue and Forecasts to 2028 (US$ million)
Figure 19. South America industrial air filtration Market Revenue and Forecasts to 2028 (US$ million)
Figure 20. South America Defense & Security Market Revenue and Forecasts to 2028 (US$ million)
Figure 21. South America Power & Energy Market Revenue and Forecasts to 2028 (US$ million)
Figure 22. South America Healthcare & Lifesciences Market Revenue and Forecasts to 2028 (US$ million)
Figure 23. South America Chemical & Environmental Market Revenue and Forecasts to 2028 (US$ million)
Figure 24. South America Others Market Revenue and Forecasts to 2028 (US$ million)
Figure 25. Geographic overview of South America Nanofiber Market
Figure 26. South America: Nanofibers Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. Brazil: Nanofibers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of South America: Nanofibers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in South America Country Markets
- Ahlstrom-Munksjö
- Asahi Kasei Corporation
- Donaldson Company, Inc.
- DuPont
- Nanofiber Solutions.
- Toray Industries, Inc.
- Elmarco s.r.o.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America nanofiber market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in South America nanofiber market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the nanofiber market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution