The [FURL=https://www.industryarc.com/Report/19576/nanofibers-for-medical-and-cosmetics-market.html?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Nanofibers for Medical and Cosmetics Market[/FURL] size is forecast to reach $4.2 billion by 2026, after growing at a CAGR of 15.7% during 2021-2026. The Nanofibers for Medical and Cosmetics Market is anticipated to rise due demand from end use segments like cosmetic, medical, optical devices, combined with ideal properties like interaction with environment, high liquid absorption capacities, high oxygen, and water vapor permeability. Nanofibers are used as therapeutics, facial masks, skin care, and renewal products, thus the demand of nanofibers can be increases from cosmetic industry in upcoming years. Polycaprolactone is widely used in cosmetic industry because it helps to reduce the risk of infection and incompatibility. Nanofibers are also used as artificial skin mats with their mechanical and thermal strength. Furthermore, nanofibers are used in tissue engineering, compact organs, prostheses, medical devices (like polylactic acid), artificial blood vessels, electrospinning technology which is used in mass production of products and drug delivery, which increasing demand from medical industry of nanofibers.Key Takeaways
North America dominates the nanofibers for medical and cosmetics market owing to increasing concerns about environment and health with improvement of life style.
Increasing demand for nanofibers as scaffolds to create extracellular matrix for bone replacement, tissue engineering applications in the medical sector is further fueling the demand for nanofibers.
With its moisturizing effect and low viscosity oil in water emulsion, polycaprolactone, polylactic acid, polyurethane and other nanofibers are used in emulsion based wet wipes for baby care and make up removal, which create the demand of nanofibers in cosmetics.
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Nanofibers for Medical and Cosmetics Market Drivers
Increasing Demand from Medical Industry
Inorganic nanofibers and carbon nanofibers are increasingly being used in biomedical applications including wound healing, tissue engineering & regeneration, biosensors and drug delivery.
Polycaprolactone have been widely employed for various biomedical applications because of its biodegradability, biocompatibility and excellent mechanical properties.
Nanofibers for Medical and Cosmetics Market top 10 companies are Toray Industries Inc., Hollingsworth and Vose, eSpin Technologies Inc., Elmarco, and Teijin Limited, Ahlstrom-Munksj, Argonide Corp., Berkshire Hathaway Inc., Catalytic Materials LLC, Clear Bridge NanoMedics, Revolution Fibres, Donaldson, Johns Manville Corp.,
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