Polymer Nanocomposites Market is expected to grow at a CAGR of 14.5% during the forecast period

Kadambari Jedhe18 Apr, 2025Business

Polymer Nanocomposites Market is expected to grow at a CAGR of 14.5% during the forecast period and is expected to reach US$ 19.75 Bn. by 2030. The market for polymer nanocomposites is expanding significantly as a result of the expansion of manufacturing applications in fields such as food, renewable energy generation, automotive, aerospace engineering, and construction. Due to the growing need for lightweight automotive components, the automotive sector is anticipated to propel polymer nanocomposites over the forecast period.