The global nanoclay reinforcement market is expected to reach USD 4.38 Billion by 2022, according to a new report by Grand View Research, Inc. Nanoclay reinforcement market is expected to witness significant growth over the next seven years owing to a growing need for lightweight, portable, durable, high strength and low cost materials in a wide range of applications including automotive, aerospace and marine applications. Prevalence of favorable government support for use of nanotechnology and increasing production output of nanomaterials is expected to augment market growth in North America and Europe over the forecast period. Low manufacturing & processing cost coupled with abundant availability is expected to drive end use industry demand.
http://www.grandviewresearch.com/industry-analysis/nanoclay-reinforcement-market
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