The nanochemicals industry has generated $5.67 billion revenue in 2021, and it is projected to generate $8.94 billion revenue in 2030, rising at a rate of 5.2% from 2021 to 2030. It is ascribed to the growing demand for nano-chemicals, led by their applications in various sectors, including electronics, semiconductors, cosmetics, and pharmaceuticals. 

These chemicals are massively used to boost the selectivity and biological molecules' potency to kill cancer cells while causing minimal collateral toxicity to non-malignant cells, which boosts the demand for nano chemicals in the pharmaceutical industry. 

Additionally, these chemicals are utilized in various sectors such as rubber, electronic, and battery sectors in massive volume, due to their lightweight, non-resistant nature, high-power density and less flame. 

Polymer nanochemicals category is projected to experience faster growth, of over 6.2% in the coming years. It is ascribed to their massive usage in the semiconductor and pharmaceutical industries. This polymer is widely used for controlling the release of drugs in the body, due to its size ranging from 1 to 1000 nm. It also provides protection to drugs and other molecules from the biological environment and offers improved therapeutic index and bioavailability of drug molecules. 

Nanopolymers are widely used for various applications, as well as polymer-based nanotechnologies are worldwide rising at a rapid pace. The industry players are increasingly spending on R&D activities in polymer matrix-based nanocomposites, in the nanotechnology field. It thus intensifies the domain size. 

In addition, the advent of exfoliated clay-based technologies in the domain propels the demand for various sectors, including electronic, optoelectronic, electrical, biomedical, and fuel cell sectors. 

The various applications of nanopolymers include nanoparticle drug delivery, mini emulsion particles, polymer-based biomaterials, imprint lithography, self-assembled layer-by-layer polymer films, polymer blends and other applications. 

For example; the most popular use of polymer nanocomposites was for timing belt cover in Toyota. Similarly, General Motors utilizes exfoliated clay as an exterior step to provide assistance in various automotive applications, that boost the worldwide demand for products.