Global Complex Oxide Nanomaterials Market To Reach $ 30.3 Billion By 2026 | State
SAN FRANCISCO, 25 August 2021 / PRNewswire / – A new market study released by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Complex oxide nanomaterials – Trajectory and analysis of the world market”. The report presents new perspectives on the opportunities and challenges in a dramatically transformed post-COVID-19 market.
FACTS AT A GLANCE
Editing: 7; Posted: April 2021
Executive pool: 474
Companies: 46 – Players covered include Altair Nanotechnologies, Inc .; American elements; DowDuPont, Inc .; Eprui Nanoparticles & Microspheres Co. Ltd .; Nanostructured and Amorphous Materials, Inc .; Polysciences, Inc .; Reinste Nano Ventures Pvt., Ltd .; SkySpring Nanomaterials, Inc. et al.
Blanket: All major geographies and key segments
Segments: Product (calcium phosphate, rare earth metal oxide, lithium titanium, silica hydride)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global Complex Oxide Nanomaterials Market To Reach $ 30.3 billion by 2026
In the midst of the COVID-19 crisis, the global complex oxide nanomaterials market is estimated at US $ 10 billion in 2020, is expected to reach a revised size of US $ 30.3 billion by 2026, with a 20% CAGR over the analysis period. Calcium phosphate, one of the segments analyzed in the report, is expected to register a CAGR of 20.3% and reach US $ 3.5 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, the growth of the rare earth metal oxides segment is readjusted to a revised CAGR of 21% for the next 7 year period.
The US market is estimated at $ 3.3 billion in 2021, when China is expected to reach $ 4.8 billion by 2026
The complex oxide nanomaterials market in the United States is estimated at 3.3 billion US dollars in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of 4.8 billion US dollars by 2026, with a CAGR of 19.5% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 17.8% and 16.9% respectively over the period of analysis. In Europe, Germany is expected to grow at around 13.9% CAGR.
Lithium Titanate segment to be reached US $ 16.5 billion by 2026
In the global lithium titanate segment, United States, Canada, Japan, China and Europe will lead to the estimated 20.4% CAGR for this segment. These regional markets representing a combined market size of 3.8 billion US dollars in 2020 will reach a projected size of US $ 14.1 billion before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach US $ 3.2 billion by 2026. Following
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SOURCE Global Industry Analysts, Inc.