The global nanocomposites market is was evaluated at US$1,916.727 million in 2020. The market is expected to be driven by the increasing use of nanocomposites industries such as packaging, aerospace, automotive, electronics, energy, and others. The major advantage of nanocomposites is that exhibit better mechanical properties, enhanced optical properties, high ductility without the loss of strength, and has a high surface & volume ratio.
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