Research and Markets has announced the addition of the "Global Nanofiber Market 2012-2016" report to their offering.
TechNavio's analysts forecast the Global Nanofiber Market to grow at a CAGR of 38.36 percent CAGR over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of nanofibers in the Electronics sector. The Global Nanofiber market has also been witnessing increasing popularity of carbon nanofibers. However, the high toxicity of nanofibers could pose a challenge to the growth of this market.
Key vendors dominating this market space include Ahlstrom Corp., Donaldson Co. Inc., E. I. du Pont Nemours and Co., Hollingsworth and Vose Co., and Johns Manville.
Other vendors mentioned in the report are Kuraray Co. Ltd., Mitsubishi Rayon Co. Ltd., Teijin Fibers Ltd., Toray Industries Inc., Argonide Corp., Biomers, C-Polymers GmbH, Carbon NTand F 21, Catalytic Materials LLC, Catalyx Nanotech Inc., Clearbridge Nanomedics, Electrovac AG, Espin Technologies Inc., Esfil Techno AS, FibeRio Technology corp., Finetex Technology, FutureCarbon GmbH, Grupo Antolin, Hemcon Medical Technologies Inc., Hills Inc., Irema-Filter GmbH, Japan Vilene Co. Ltd., Kertak Nanotechnologies S. R. O., Metpro Corp., Nanofiber Solutions, NanoMas Technologies Inc., NanoTechLabs inc., Nanoval GmbH and Co. KG, Pyrograph Products Inc., Shenzhen Nanotech Port Co. Ltd., SNS Nanofiber Technology LLC, and US Global Nanospace Inc.
Commenting on the report, an analyst from TechNavio's Hardware team said: ''Nanofibers are very effective when used in filtration media and are therefore being increasingly used in air, gas, and water filters. The use of nanofibers enhances filter performance by facilitating the highest flow rate possible while trapping and retaining the finest particles/impurities without causing any blockage in the filter. In addition, the use of nanofibers is seen to improve the interception and inertial impaction efficiencies of filters. Nanofibers are currently used in commercial air and water filters, and as combustion engine filtration media in automobiles. Thus, the increasing usage of nanofibers is catalyzing the growth of the Global Nanofiber market.''
According to the report, one of the main drivers in this market is the increasing demand for nanofibers in the Electronics sector, where they are used to enhance the mechanical strength, thermal resistance, and reactivity of the devices that they are used in. Nanofibers are also used in applications such as heat management, electromagnetic interference (EMI) shielding, and devices such as conductors.
Source: http://www.researchandmarkets.com