Nanotechnology in Energy Market: Valued at $139.7M in 2020, Projected to Reach $384.8M by 2030

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WILMINGTON, DE , UNITED STATES, July 3, 2024 / — The global nanotechnology in energy market size was valued at $139.7 million in 2020, and is projected to reach $384.8 million by 2030, with global nanotechnology in energy market forecast expected at a CAGR of 10.7% from 2021 to 2030

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

Nanotechnology has various uses in sectors such as construction, energy, and medical. Increase in investments to develop various electric vehicles and hydrogen fuel cell-based vehicles among developing countries such as India, China, and Brazil. In addition, developed countries such as the U.S., France, Italy, Spain, and other European countries have invested in hydrogen fuel cell-based infrastructural activities. In electric transportation vehicles nanoparticles can be used with li-ion battery to increase efficiency of energy source. Developed and developing countries around the world are investing in infrastructure development, which includes transportation infrastructure where nano-composites are used to improve safety and increase fuel efficiency for longer period. In addition, carbon nano tubes are used in construction materials to increase durability of buildings. These factors are expected to create ample growth opportunities for the nanotechnology in energy market .

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬

𝐁𝐲 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐓𝐲𝐩𝐞
Nanostructured material
Carbon nanotubes

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
Photovoltaic Film Coating
Fuel cells and Batteries
Thermoelectric Materials

𝐁𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞
Renewable & non-renewable energy

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

InMat, Inc.
Nano Dimension
SolarMar energy Inc.
Advance reproductions corporation
Advanced Nanoproducts
Rogue Valley Micro
APS material Inc.
Solar Botanic Ltd.

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐎𝐧 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:

Production of nano particles is little dangerous for working staff as these particles can be inhaled and settle in the human body such as brain and lungs. This situation can cause significant increase in biomarkers for inflammation and stress. The above-mentioned human health issues and low consumer response are some of the primary reasons that restrain the nanotechnology in energy market growth.

On the basis of material type, the global nanotechnology in energy market is segmented into nanostructured material, carbon nanotubes, fullerene, others. The applications covered in the study include photovoltaic film coating, fuel cells and batteries, thermoelectric materials and aerogels. The end uses covered in the study include electrical, manufacturing, renewable & non-renewable energy and others.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Asia-Pacific and Europe.

𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐟𝐞𝐞𝐥 𝐟𝐫𝐞𝐞 𝐭𝐨 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐨𝐮𝐫 𝐚𝐧𝐚𝐥𝐲𝐬𝐭 𝐚𝐭:

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

The Asia-Pacific nanotechnology in energy market is projected to grow at the highest CAGR of around xx%, in terms of revenue, during the forecast period.
By material type, the carbon nanotubes segment accounted for the largest market share in 2020.
On the basis of application, fuel cells and batteries segment accounted for the largest market share in 2020
On the basis of end use, the electrical segment accounted for the largest market share in 2020.

David Correa
Allied Market Research
+1 800-792-5285
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