Nano-Composites Market expected to reach US$4,633.47 million by 2030
Nano-Composites Market Trends & Forecast:
The global nanocomposites market is expected to grow at a CAGR of 8.68%, reaching a market size of US$4,633.47 million in 2030 from US$3,056.72 million in 2025, according to a new report by Knowledge Sourcing Intelligence.
The nano composites market is growing, driven by several factors, such as growing industrialization in Asia Pacific, demand for lightweight materials, and expanding applications in the construction and automotive sectors.
Further, the increasing innovative applications are also pushing the market growth, such as, HeatX, which is an ultrathin nanocomposite designed to improve heat transfer on HX surfaces by changing the surface energy and repelling fouling. Eni data showed that HeatX nanocomposite, when fully deployed at their Alaska facility across all HX systems, could reduce annual facility emissions by over 17,000 tons of CO2. These efficiency benefits resulted in a direct reduction in fuel burned and emissions released. Eni deployed the HeatX nanocomposite on its production exchangers in the North Slope facility.
Further, in September 2023, Scientists developed a biodegradable nanocomposite film for flexible optical devices. Researchers successfully fabricated an optically active biodegradable nanocomposite film with exceptional mechanical properties. This innovative material holds promise for applications in stretchable optical devices, including flexible displays and flexible organic LEDs.
Moreover, in April 2023, Sila introduced Titan Silicon, a nanocomposite silicon engineered for mass scale to power a 20% increase in vehicle range. Sila announced the availability of its high-performance nanocomposite silicon anode, Titan Silicon. Titan Silicon is a full graphite anode replacement engineered for mass scale to boost EV performance and address key problems. According to a consumer survey recently commissioned by Sila, nearly 90% of respondents who intended to purchase an EV view high-performance battery technology as more valuable than other tech enhancements.
In line with this, the expansion in the automotive sector is propelling the market, as increasing use of nanocomposites in EV for lightweight parts is driving growth. According to the International Energy Agency (IEA), global electric car sales exceeded 14 million in 2023, following the EV car sales in 2023 being 3.5 million higher than in 2022, a 35% year-on-year increase. In the NZE Scenario, electric car sales reach around 65% of total car sales in 2030.
Increasing focus on R&D is creating opportunities and investments for new applications, and is improving the scalability of nanocomposite production. RF Nanocomposites specializes in stealth and electromagnetic interference shielding composite materials, addressing critical needs in India’s defense and advanced industrial sectors. In January 2025, RF Nanocomposites Pvt Ltd, a startup incubated at SIIC, IIT Kanpur, raised ₹6 crores in achieving a valuation of ₹30 crores. The company’s innovative solutions set new benchmarks for high-performance materials.
➥ View a sample of the report or purchase the complete study at: Nano Composites Market
Nano-Composites Market Report Highlights:
- By material type, the nano composites market is segmented into graphene, nanofiber, metal oxide, carbon nanotubes, and others. The graphene nanocomposites demand id driven by the touch panels, solar cells, and LEDs demand around the world. Further, a nanofiber is growing significantly with the application in the filtration systems and biomedical devices. Carbon nanotubes are high-performance materials used in semiconductor, the semiconductor market is growing worldwide.
- By end-user, the nano composites market is segmented into aerospace, electronics and semiconductor, energy, automotive, packaging, and others. The electronics and semiconductor industry driven by active mobile broadband subscriptions. The active mobile broadband subscription per 100 inhabitants has increased from 82 in 2021 to 87 in 2023, and is likely to witness positive growth in the future. The number of active mobile broadband subscriptions grows, so does the demand for mobile data; the mobile data demand necessitates the use of advanced semiconductors to improve network efficiency, coverage, and capacity.
- Asia Pacific will be the fastest-growing market during the forecast period, driven by huge economies, industrialization, urbanization, and investment in countries like China and India.
- North America is anticipated to see considerable growth, fuelled by a continuous rise in consumer demands, and breakthroughs that have also contributed to growth of the nano composites market in the region.
Nano-Composites Market Segmentation:
Knowledge Sourcing Intelligence has segmented the nano-composites market based on material type, end-user, and region:
- By Material Type
- Graphene
- Nanofiber
- Metal Oxide
- Carbon Nanotubes
- Others
- By End-User
- Aerospace
- Electronics and Semiconductor
- Energy
- Automotive
- Packaging
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Others
- North America
Nano-Composites Market Key Players:
- Zyvex Technologies
- Powdermet Inc
- Nanocor Inc.
- Arkema Inc.
- Nanocyl SA
- Nanova Biomaterials
- Nanospan
- Nano Composix
- AD Nano Technologies
- 3M
- Asahi Kasei
