Lucintel's latest market report analyzed that nanofiber provides attractive opportunities in the water and air filtration, automotive and transportation, textile, medical, electronic, and energy storage applications. The nanofiber market is expected to reach $2.41 billion by 2028 with a CAGR of 15%. In this market, polymeric is the largest segment by product type, whereas water and air filtration is largest by application.

Based on product type, the nanofiber market is segmented into carbon nanofiber, composite nanofiber, metal and metal oxide nanofiber, polymeric nanofiber, carbohydrate based nanofiber, and ceramic nanofiber. The polymeric segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing demand for polymer-based nanofibers owing to their affordability and availability in a variety of natural and synthetic polymers.

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The Nanofiber Market is marked by the presence of several big and small players. Some of the prominent players offering nanofiber include ESpin Technologies, Hollingsworth &Vose Company, Nippon Paper Industries, Teijin, and Toray Industries.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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