IHS Chemical Week

EnviroTech :: Nanotech

Nanofibers Market Poised for Phenomenal Growth

5:25 AM MDT | July 9, 2010 | Alex Scott

The global market for nanofibers is set to experience a phenomenal compound annual growth rate (CAGR) of 34.3%, with sales increasing to $443 million in 2015, up from $102 million in 2010, according to a report by BCC Research (Wellesley, MA), a market research group.   Sales of nanofibers for mechanical-chemical products, the largest segment of the market, are set to increase at a CAGR of 33.4% to reach $314 million in 2015, up from $74.3 million in 2010. BCC predicts sales of nanofibers for energy products, the second-largest segment, will increase at a...

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