How big is the Nanomaterials Market | Value, Demand & Future Trends 2025

Code: MTA7673 Publication Date: Aug 2025

How big is the Nanomaterials Market?

According to 6Wresearch internal database and industry insights, the Global Nanomaterials Market was valued at USD 11.5 Billion in 2024 and is expected to reach USD 22.8 Billion by 2031, growing at a compound annual growth rate of 9.50% during the forecast period of 2025 to 2031.

The market is thriving due to expanding applications in electronics, healthcare, energy, automotive, and environmental sectors owing to the exceptional strength, electrical conductivity, and chemical reactivity of nanomaterials.

Key Growth Drivers of the Nanomaterials Market

  • Rising demand in medical diagnostics, drug delivery, and imaging systems
  • Increasing use of nanomaterials in lightweight automotive and aerospace parts
  • Growing adoption in renewable energy solutions like solar cells and batteries
  • Surge in nanotech-based consumer goods and smart packaging applications
  • Government support and funding for nanotechnology R&D worldwide

Nanomaterials Market Trends

The nanomaterials market is witnessing rapid expansion in carbon-based materials (graphene, nanotubes, fullerenes) and metal-based nanomaterials (silver, gold, titanium dioxide). The use of functional nanocoating in buildings, cars and electronics due to self-cleaning, antimicrobial and anticorrosive functionality is catching up. Nanomaterials research is also undergoing acceleration of the product development cycles through AI and machine learning integration. Green methods of synthesis are also becoming popular in the efforts to curtail the reduction of environmental impacts.

Emerging Developments in the Nanomaterials Market

Recent developments have produced hybrid nanomaterials that use both metallic and organic units to obtain specific properties in both sensors and electronics. Antibacterial and UV-protective nano-enabled textiles are in the ascendancy. Nanomaterials under study in start-ups and research institutions are specifically focused on cancer therapies. Commercialization of graphene and nanocellulose is also rising, and countries such as the US, China and Germany are investing in national nanotech missions.

List of Leading Companies in the Nanomaterials Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Nanoco Technologies Ltd.

Company NameNanoco Technologies Ltd.
Established Year2001
HeadquartersManchester, United Kingdom
Official WebsiteClick Here

Nanoco develops heavy metal-free quantum dots and nanoparticles for display, biomedical, and imaging technologies.

2. Showa Denko K.K.

Company NameShowa Denko K.K.
Established Year1939
HeadquartersTokyo, Japan
Official WebsiteClick Here

A global producer of carbon nanomaterials, metal oxides, and semiconductor-grade nanomaterials for electronics and automotive.

3. American Elements

Company NameAmerican Elements
Established Year1997
HeadquartersLos Angeles, United States
Official WebsiteClick Here

Supplier of advanced materials and nanomaterials including rare earths, nanoparticles, and metal powders.

4. BASF SE

Company NameBASF SE
Established Year1865
HeadquartersLudwigshafen, Germany
Official WebsiteClick Here

BASF integrates nanomaterials in coatings, construction chemicals, catalysts, and plastics for performance enhancement.

5. Arkema S.A.

Company NameArkema S.A.
Established Year2004
HeadquartersColombes, France
Official WebsiteClick Here

Arkema manufactures carbon nanotubes and advanced nanocomposites used in energy storage and structural components.

6. Cabot Corporation

Company NameCabot Corporation
Established Year1882
HeadquartersBoston, Massachusetts, United States
Official WebsiteClick Here

A leader in conductive carbon blacks and nanomaterials used in battery electrodes, electronics, and plastics.

7. Strem Chemicals, Inc. (now part of Ascensus Specialties)

Company NameStrem Chemicals, Inc. (now part of Ascensus Specialties)
Established Year1964
HeadquartersMassachusetts, United States
Official WebsiteClick Here

Specializes in high-purity nanomaterials for academic and commercial research across pharmaceuticals and electronics.

8. Quantum Materials Corp.

Company NameQuantum Materials Corp.
Established Year2008
HeadquartersSan Marcos, Texas, USA
Official WebsiteClick Here

Focuses on scalable production of quantum dots and nanoparticles for medical imaging, security, and lighting.

9. Sky Spring Nanomaterials Inc.

Company NameSky Spring Nanomaterials Inc.
Established Year2007
HeadquartersHouston, Texas, USA
Official WebsiteClick Here

Offers a vast portfolio of nanomaterials including metal, oxide, and carbon-based nanoparticles for research and industry.

10. Nano Shel LLC

Company NameNano Shel LLC
Established Year2005
HeadquartersWilmington, Delaware, USA
Official WebsiteClick Here

Manufacturer and supplier of nanoparticles, nanowires, and nanotubes used across defence, coatings, and biomedical sectors.

How big is the Nanomaterials Market : FAQs

It was valued at USD 11.5 Billion in 2024 and is expected to reach USD 22.8 Billion by 2031.
The market is projected to grow at a CAGR of 9.50% from 2025 to 2031.
Medical, electronics, automotive, energy, aerospace, coatings, and packaging.
Carbon nanotubes, silver nanoparticles, titanium dioxide, zinc oxide, and quantum dots.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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