According to one of the world’s largest market research organisations – researchandmarkets.com – The global nanofibre market is expected to grow at a CAGR of 24.12% during the period 2016-2020. They state the biggest challenge to vendors is the production scale, which we’re taking as a confidence booster as we know our proprietary, production scale Komodo Sonic Electrospinning machine has eliminated this hurdle for us.
The report describes Nanofibre simply and effectively so anyone can grasp it’s applications quickly, saying “many nanofibres are laid over one another to form a nano mat. A nano mat is a breathable fabric, but it is so small in size that it does not allow even the entry of bacteria. Based on these properties, nanofibres find huge applications in various field applications like filtration, catalysts, semiconductors, optical waveguides, fuel cells, composites, tissue repair, sensors, and scanning probe microscopy in industries such as mechanical, chemical, electronics, energy, automotive, aerospace, sensors, and instrumentation.”
The report covers the present scenario and the growth prospects of the global nanofibre market for 2016-2020. To calculate the market size, the report considers the revenue generated from the shipment of nanofibres to original equipment manufacturers (OEMs) for applications including filtration, electronic devices, batteries, fuel cells, healthcare, and to manufacture non-woven textiles such as adult incontinence products. The report also includes a discussion of the key vendors operating in this market.
A key report comment being “the improvement in nanofibre production systems is expected to foster the growth of this market during the forecast period.”
According to the report, the increased adoption of nanofibres in technical textile is the primary growth driver for this market. Technical textiles that include non-wovens make up around 25% of the global fibre consumption and have huge demand in areas like medical devices, water purification, and responsive fibrous system.
So things are looking positive, we feel we’re in a good spot with great technology and people, and we’ll continue helping early adopters create better products with nanotechnology.