The global market for nanofiber products was worth $80.7 million in 2009, and is estimated to reach $101.5 million by the end of 2010. The market is forecast to grow at a compound annual growth rate (CAGR) of 34.3% through 2015, and at a 37.2% CAGR from 2015 through 2020, reaching nearly $2.2 billion in total revenues by 2020.
The mechanical/chemical sector is estimated to account for 73.2% of all revenues in 2010, with a value of $74.3 million. This sector is forecast to grow at a compound annual growth rate (CAGR) of 33.4% from 2010 through 2015, and a CAGR of 35.3% from 2015 through 2020, to be worth an estimated $1.4 billion in 2020.
Electronics is the fastest growing segment, increasing at a compound annual growth rate (CAGR) of 45.3% from 2010 through 2015, and a CAGR of 50.7% from 2015 through 2020. This segment is expected to be worth $6.4 million in 2010 and $323 million in 2020.
http://www.bccresearch.com/report/nanofibers-technology-market-nan043b.html
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