The global nanofibrous market is waiting for rapid growth

According to the study Research and Markets the global nanofibers market is expected to surpass USD 1 billion market by the end of 2021, expanding at a CAGR between 24% and 25% between 2016 and 2021.Globally the nanofiber market is driven by factors such as growing applications industries such as energy storage applications, air and liquid filters, performance apparels and electronics. Furthermore, several manufacturers of nanofibers are aiming economies of scales which in turn is expected to boost the market of nanofibers over the forecast period. However, high initiation cost is one of the primary restraints for the entry in the global nanofibers market. Large players are expected to dominate the market, globally over the forecast period. 

 

 

 

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