The global nanocomposites market size is expected to reach USD 7.48 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for nanocomposites in the automobile industry, increased application of nanocomposites in building and construction, high volume consumption in electronics and semiconductors are some of the major factors that have been driving the market. However, the high cost of materials and technology to manufacture them along with the environmental impact of certain materials used in nanocomposites manufacturing are holding back the market.
http://www.grandviewresearch.com/industry-analysis/nanocomposites-market
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