Nanomaterials Market expected to expand at a CAGR of 14.1% from 2021 to 2028
Nanomaterials Industry Overview The global nanomaterials market size is expected to reach USD 23.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.1% from 2021 to 2028. Factors such as increasing applications of nanomaterials in electronics and biomedical domains, financial support from the government, ongoing R&D, and rapid economic growth are expected to drive the market in the forecast period. Nanomaterials Market Segmentation Grand View Research has segmented the global nanomaterials market on the basis of product, application, and region: Based on the Product Insights, the market is segmented into Gold (Au), Silver (Ag), Iron (Fe), Copper (Cu), Platinum (Pt), Titanium (Ti), Nickel (Ni), Aluminum Oxide, Antimony Tin Oxide, Bismuth Oxide, Carbon Nanotubes and Others. The carbon nanotubes segment dominated the market and accounted for the largest revenue share of 23.7% in 2020 and is...