US Nanofibers Market to Grow at CAGR 25% till 2026: TechSci Research Report

NEW YORK - May 8, 2017 - PRLog -- According to TechSci Research report, "US Nanofibers Market By Type, By End Use Industry, Competition Forecast & Opportunities, 2012 – 2026",United States nanofibers market is projected to exhibit a CAGR of over 25% during 2017 –2026, on account of increasing government funding and initiatives on nanotechnology, growing focus of research organizations, universities and various companies on developing novel technologies coupled with  high usage of nanofibers in filtration application. Moreover, rising demand for nanofibers in emerging applications in the electronics and healthcare end use industries is anticipated to drive the market during the forecast period. Additionally, increasing investments in development of wastewater treatment infrastructure is also expected to augment demand for nanofibers in filtration and purification applications over the course of next ten years.

Browse 11 market data Tables and 37 Figures spread through 91 Pages and an in-depth TOC on "United States Nanofibers Market"

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Mechanical, Chemical & Environment (MCE) and Healthcare are among the leading end use industry segments in the United States nanofibers market. However, electronics end use segment is expected to witness the fastest growth during 2017-2026 due to surging demand for nanofibers from batteries and energy storage applications. In 2016, south east region dominated the market owing to presence of a large number of universities that are involved in the research of nanofibers and medical device manufacturing facilities. West region held the second largest share in the market in the same year on the back of presence of a large number of oil refineries, which are expected to drive demand for nanofibers in the coming years.

"Growing application of nanofibers in electronics and heathcare industries for production of lithium-ion batteries and tissue engineering, respectively, are anticipated to fuel nanofibers demand in the country in the coming years. Increasing government support through funds and investments as well as rising research and development activities are expected to positively influence nanofibers market in the country through 2026.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

"United States Nanofibers Market By Type, By End Use Industry, Competition Forecast & Opportunities, 2012 – 2026" has evaluated the future growth potential of the United States nanofibers market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the United States nanofibers market.

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