Nanocomposites Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020
Global nanocomposites market is expected to grow due to growth in end use industries including aviation, energy, military, electronics and food. Automotive industry is a major application of nanocomposites on account of reduction in overall vehicle weight resulting in reduced carbon emissions. Further, stringent government regulations concerning enhanced fuel efficiency and reduced vehicle emissions are expected to augment nanocomposites market over the forecast period. Growing consumer awareness regarding automotive safety and improved vehicle efficiency is expected to fuel the market growth.
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