Japan, Japan, Wednesday, March 23, 2022 04:55:13 / Comserve Inc. / — European Nanofibers Market featuring top country data, Industry Analysis, Size, Share, Revenue, Prominent Players, Developing Technologies, Trends and Forecast
It is estimated that the European nanofiber market will witness significant growth with an estimated CAGR of around 20% during the forecast period. The main factor driving the studied market is increasing commercialization due to increasing end-user applications. On the other hand, the lack of sensitive instrumentation to calibrate the properties of nanofibers is expected to hamper the growth of the studied market.
– The healthcare and biomedical segment dominated the market and is expected to grow during the forecast period due to the growing application in the medical, pharmaceutical and life sciences sectors and the increasing investments in the healthcare industry.
– Increasing R&D and a high potential market for cellulosic nanofibers will likely act as an opportunity in the future.
– Germany had the largest market share and is expected to continue to dominate during the forecast period.
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Key Market Trends
Healthcare and biomedical segment dominates the market demand
– The healthcare and biomedical industries are the largest contributors to the growing demand for nanofibers across the region.
– Applications such as drug delivery, wound healing, tissue engineering, and barrier textiles make extensive use of nanofibers in the healthcare and biomedical industries.
– In drug delivery applications, biopolymer nanofiber membranes are widely used as a bioactive material or drug carrier.
– Nanofiber layers made of biopolymers (chitosan, gelatine, collagen, polycaprolactone etc. or combinations of these materials) can also be used as a wound dressing to significantly support the wound healing process.
– These materials also act as potential substrates for growing cells. Nanofibers also act as an effective barrier to the penetration of microorganisms (viruses, bacteria and molds).
– Hence, all these market trends are expected to drive the demand for nanofibers for medical applications in the region during the forecast period.
Germany dominates the market
– Manufacturing is the most important sector in Germany, accounting for around 79% of total industrial production. The largest segments within manufacturing are machinery and equipment, automotive, base metals and fabricated metals, computers, and electronic and electrical equipment.
– The German electronics industry is Europe’s largest and the fifth largest in the world. The electrical and electronics industry accounted for 11% of total German industrial production and around 3% of Germany’s gross domestic product (GDP).
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– The German aerospace industry includes more than 2,300 companies spread across the country, with Northern Germany being the area with the highest concentration of companies.
– As one of the leading production locations for the aircraft industry, Germany is home to manufacturers from various segments, e.g. B. Equipment manufacturers, material and component suppliers, engine manufacturers and entire system integrators.
– The state has numerous production sites for aircraft interior components, MRO (maintenance, repair, overhaul) as well as lightweight construction and materials, especially in Bavaria, Bremen, Baden-Württemberg and Mecklenburg-Western Pomerania.
– Due to all these factors, the nanofiber market in the country is expected to grow steadily over the forecast period.
competitive landscape
The European nanofiber market is inherently partially consolidated. Major companies include Mitsubishi Chemical Corporation, Hollingsworth & Vose, and TORAY INDUSTRIES, INC.
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHOD
3 SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing commercialization due to increasing end-user applications
4.1.2 Increasing expenditure on R&D activities
4.1.3 New Advanced Nanofiber Production Systems
4.2 Restrictions
4.2.1 Lack of sensitive instrumentation to calibrate properties of nanofibers
4.3 Industry Value Chain Analysis
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 New Entrant Threat
4.4.4 Threat of Substitute Products and Services
4.4.5 Level of Competition
4.5 Technology Snapshot
5 MARKET SEGMENTATION
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