Europe Nanofiber Market Size, Share, Trends & Growth | 2031

Segments - Europe Nanofiber Market by Product Type (Carbon Nanofiber, Ceramic Nanofiber, Composite Nanofiber, Glass Nanofiber, Metallic Nanofiber, Polymeric Nanofiber, and Others), End-users (Electronics, Healthcare & Biomedical, Automotive, Energy, Chemical, Aerospace & Aviation, Defense & Security, Composites, Textile, and Others), and Regions (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe) – Industry Analysis, Growth, Trends, Covid-19 Impact, and Forecast 2023-2031

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

The Europe nanofiber market size was valued at USD 133.88 Million in 2022 and is likely to reach USD 1.09 Billion by 2031, expanding at a CAGR of 26.3% during 2023 – 2031. The growth of the market is attributed to the rising commercialization by increasing end-user applications.

Nanofibers is the fibers with diameters of less than 1000 nanometers. Nanofiber layers are formed from biopolymers such as gelatin, chitosan, polycaprolactone, and collagen or blend of these materials is used for wound dressing. In Germany manufacturing is most important sector about 79% of the total industrial production is given in it.

The Covid-19 pandemic affected the demand and supply of Europe nanofiber market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Europe Nanofiber Market Trends, Drivers, Restraints, and Opportunities

Increasing applications in the fields of medical, pharmaceuticals, and life science, as well as increased investments in the healthcare industry is expected to drive the market during forecast period.
Nanofiber membrane made of biopolymers is widely used as a bioactive material or drug carrier in drug delivery applications are expected to boost the market.
Nanofiber layers made of biopolymer materials is used as cell growth substrates.
Lack of sensitive instrumentation to calibrate nanofiber characteristics is projected to restraint the market growth.
In the future, increasing R&D and a high-potential market for cellulosic nanofibers are the great opportunity for market expansion in coming year.

Scope of Europe Nanofiber Market Report

The report on the Europe nanofiber market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Europe Nanofiber Market - Industry Analysis, Growth, Trends, Covid-19 Impact, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Product Type (Carbon Nanofiber, Ceramic Nanofiber, Composite Nanofiber, Glass Nanofiber, Metallic Nanofiber, Polymeric Nanofiber, and Others), End-users (Electronics, Healthcare & Biomedical, Automotive, Energy, Chemical, Aerospace & Aviation, Defense & Security, Composites, Textile, and Others)
Regional Scope	Germany, United Kingdom, Italy, France, Spain, and Rest of Europe
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Hollingsworth & Vose; Mitsubishi Chemical Corporation; Toray Industries, Inc.

Europe Nanofiber Market Segment Insights

The healthcare and biomedical segment is projected to expand at a considerable CAGR

On the basis of end-users, the market is segregated into electronics, healthcare & biomedical, automotive, energy, chemical, aerospace & aviation, defense & security, composites, textile, and others. The healthcare & biomedical segment is projected to expand at a considerable CAGR during the forecast period. Growth of the segment is attributed to growing commercialization by increasing end-user applications in the medical, pharmaceuticals, and life science field and increasing investments in the healthcare industry.

Germany is anticipated to dominate the market

In terms of regions, the Europe nanofiber market is classified as Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Germany is anticipated to constitution a key share of the market during the forecast period due to growing manufacturing of machinery & equipment, automotive, basic metals & fabricated metal products, computers, and electronic & electrical equipment.

The German aerospace sector is made up of around 2,300 companies spread across the country, with large number of companies in north Germany. Equipment makers, material and component suppliers, engine producers, and entire system integrators all have a presence in Germany, which is one of the key manufacturing bases for the aircraft industry. In additional Bavaria, Bremen, Baden-Württemberg, and Mecklenburg-Vorpommern have a considerable number of production bases for aviation interior components, MRO (maintenance, repair, and overhaul), and lightweight construction & materials.

Segments

The Europe nanofiber market has been segmented on the basis of

Product Types

Carbon Nanofiber
Ceramic Nanofiber
Composite Nanofiber
Glass Nanofiber
Metallic Nanofiber
Polymeric Nanofiber
Others

End-users

Electronics
Healthcare & Biomedical
Automotive
Energy
Chemical
Aerospace & Aviation
Defense & Security
Composites
Textile
Others

Regions

Germany
United Kingdom
Italy
France
Spain
Rest of Europe

Key Players

Hollingsworth & Vose
Mitsubishi Chemical Corporation
Toray Industries, Inc.

Competitive Landscape

Key players competing in the Europe nanofiber market include Mitsubishi Chemical Corporation, Hollingsworth & Vose, and TORAY INDUSTRIES, INC.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Europe Nanofiber Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nanofiber Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Nanofiber Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Nanofiber Market - Supply Chain
  4.5. Global Nanofiber Market Forecast
     4.5.1. Nanofiber Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Nanofiber Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Nanofiber Market Absolute $ Opportunity
5. Global Nanofiber Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Nanofiber Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Nanofiber Demand Share Forecast, 2019-2026
6. North America Nanofiber Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Nanofiber Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Nanofiber Demand Share Forecast, 2019-2026
7. Latin America Nanofiber Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Nanofiber Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Nanofiber Demand Share Forecast, 2019-2026
8. Europe Nanofiber Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Nanofiber Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Nanofiber Demand Share Forecast, 2019-2026
9. Asia Pacific Nanofiber Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Nanofiber Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Nanofiber Demand Share Forecast, 2019-2026
10. Middle East & Africa Nanofiber Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Nanofiber Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Nanofiber Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Nanofiber Market: Market Share Analysis
  11.2. Nanofiber Distributors and Customers
  11.3. Nanofiber Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Hollingsworth & Vose
     11.4.2. Mitsubishi Chemical Corporation
     11.4.3. Toray Industries, Inc.