Market by Application, Component, Industry Vertical, and Country Outlook | Forecast 2023-2030
Triton’s report anticipates that the nanotechnology in energy applications market in the Middle East and Africa is set to display a CAGR of 13.28% during the forecasting years 2023-2030.
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The
countries evaluated in the region comprise:
•       Â
United Arab Emirates
•       Â
Saudi Arabia
•       Â
Turkey
•       Â
South Africa
•       Â
Rest of Middle East & Africa
The
arid climate of the Middle East, coupled with high energy demand, makes it a
crucial region for global trade and commerce. The growth of the private sector,
government spending, and low interest rates in Saudi Arabia, the UAE, and other
GCC nations is expected to bolster industrial development across the region.
This includes initiatives to attract global manufacturers to set up local
operations, facilitating technology and skills transfer. These factors are thus
anticipated to support the development of the nanotechnology in energy
applications market over the forecast period.
Saudi Arabia leads the
region’s market with the highest share. The
government has heavily invested in nanotech research projects for the energy
sector. These investments will foster innovation, knowledge, and technology
transfer in the energy industry. Saudi Arabia’s Vision 2030 will be advanced
through the National Renewable Energy Program (NREP). This program anticipates
a threefold increase in energy consumption from 2016 to 2030, emphasizing the
development of renewable energy sources and energy efficiency. Hence,
government efforts are expected to open avenues for the nanotechnology in
energy applications market.
Fuel
cells, which generate electric energy by reacting hydrogen with oxygen, offer a
promising alternative to traditional combustion engines. They are known for
their high efficiency and minimal emissions, primarily producing heat and water
as byproducts. Developing new component materials that offer improved
performance and cost-effectiveness is a critical focus of ongoing fuel cell
research. In this regard, nanomaterials play a significant role, encompassing
solid and hollow nanoparticles, nanoscale thin films, and nanoscale
monolithics, which find practical applications in fuel cells.
The market’s growth is
determined by component, industry vertical, and application.
The application segment includes fuel cell, petroleum refining, energy storage
device, solar photovoltaics, and other applications.
The major companies in the market
consist of Black Diamond Structures LLC, Hyperion Catalysis International Inc, A123
Systems LLC, Altairnano, and NEI Corporation.
Black
Diamond Structures LLC specializes in advanced carbon materials. It was formed
through a joint venture between Molecular Rebar Design LLC, creators of
Molecular Rebar technology, and multinational chemicals manufacturer SABIC. It
offers high-performance materials to various sectors, including energy,
electronics, and healthcare. Its focus lies in developing and commercializing
nanomaterials to enhance battery performance by increasing energy storage
capacity, speeding up charging times, and extending battery life.
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Key deliverables of the report:
·      Market CAGR during the forecasting
years 2023-2030
·      Detailed data highlighting key
insights, industry components, and market strategies
·      Comprehensive information and
estimation of the nanotechnology in energy applications market revenue growth
in the Middle East and Africa and its influence on the parent market
·      In-depth study of forthcoming trends
in consumer behavioral patterns
·      A meticulous analysis of the
competitive landscape, vendor scorecard, and Porter’s Five Forces
·      A wide-ranging study of factors that
will challenge the Middle East and Africa nanotechnology in energy applications
market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.Â
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VIEW REPORT1. MIDDLE
EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. EMERGING
UTILITY
2.2. LIFE-CYCLE
ASSESSMENT OF NANOMATERIALS
2.3. IMPACT
ANALYSIS ON THE NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET
2.3.1. COVID-19
IMPACT
2.3.2. UKRAINE-RUSSIA
WAR IMPACT
2.4. KEY
INSIGHTS
2.4.1. REACHING
COST REDUCTION AND SCALABILITY
2.4.2. INNOVATION
OF SEMICONDUCTOR NANODEVICES
2.5. PORTER’S
FIVE FORCES ANALYSIS
2.5.1. THREAT
OF NEW ENTRANTS
2.5.2. THREAT
OF SUBSTITUTES
2.5.3. BARGAINING
POWER OF BUYERS
2.5.4. BARGAINING
POWER OF SUPPLIERS
2.5.5. THREAT
OF COMPETITIVE RIVALRY
2.6. MARKET
MATURITY ANALYSIS
2.7. INDUSTRY
COMPONENTS
2.7.1. RESEARCH
& DEVELOPMENT (R&D)
2.7.2. NANOMATERIAL
MANUFACTURING
2.7.3. COMPONENT
& DEVICE MANUFACTURING
2.7.4. SYSTEM
INTEGRATION & ASSEMBLY
2.7.5. DISTRIBUTION
& SALES
2.7.6. INSTALLATION
& DEPLOYMENT
2.8. REGULATORY
FRAMEWORK
2.9. KEY
MARKET STRATEGIES
2.9.1. COLLABORATIONS
2.9.2. PRODUCT
LAUNCHES
2.9.3. BUSINESS
DIVESTITURES & EXPANSIONS
2.10. MARKET
DRIVERS
2.10.1. INCREASING
NEED FOR ENERGY SECURITY
2.10.2. RISE
IN DEMAND FOR RENEWABLE ENERGY
2.10.3. GOVERNMENT
PROGRAMS AND POLICIES TO ADVANCE NANOTECHNOLOGY USE IN THE ENERGY SECTOR
2.11. MARKET
CHALLENGES
2.11.1. HIGH
COST OF TECHNOLOGY
2.11.2. ISSUES
RELATED TO INTELLECTUAL PROPERTY (IP) AND PATENT
2.12. MARKET
OPPORTUNITIES
2.12.1. INCREASE
IN THE USE OF CARBON NANOTUBES IN ENERGY EQUIPMENT
2.12.2. RISING
DEMAND FOR ENERGY NANOMATERIALS
2.13. ANALYST
PERSPECTIVE
3. MIDDLE
EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET – BY APPLICATION
3.1. SOLAR
PHOTOVOLTAICS
3.2. ENERGY
STORAGE DEVICE
3.3. FUEL
CELL
3.4. PETROLEUM
REFINING
3.5. OTHER
APPLICATIONS
4. MIDDLE
EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET – BY COMPONENT
4.1. NANOTHIN
FILM
4.2. NANOSENSOR
4.3. SOLID
NANOPARTICLE
4.4. NANO-STRUCTURE
MONOLITHIC
4.5. OTHER
COMPONENTS
5. MIDDLE
EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET – BY INDUSTRY
VERTICAL
5.1. MANUFACTURING
5.2. ELECTRICAL
5.3. TRANSPORT
5.4. OTHER
INDUSTRY VERTICALS
6. MIDDLE
EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET – BY COUNTRY
OUTLOOK
6.1. UNITED
ARAB EMIRATES
6.1.1. UNITED
ARAB EMIRATES NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET FORECAST &
PROSPECTS
6.2. SAUDI
ARABIA
6.2.1. SAUDI
ARABIA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET FORECAST & PROSPECTS
6.3. TURKEY
6.3.1. TURKEY
NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET FORECAST & PROSPECTS
6.4. SOUTH
AFRICA
6.4.1. SOUTH
AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET FORECAST & PROSPECTS
6.5. REST
OF MIDDLE EAST & AFRICA
6.5.1. REST
OF MIDDLE EAST & AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET
FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. HONEYWELL
INTERNATIONAL INC
7.1.1. OVERVIEW
7.1.2. PRODUCT
PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGES
7.2. ADVANCED
NANO PRODUCTS CO LTD
7.2.1. OVERVIEW
7.2.2. PRODUCT
PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGES
7.3. ASPEN
AEROGELS INC
7.3.1. OVERVIEW
7.3.2. PRODUCT
PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGES
7.4. JIANGSU
CNANO TECHNOLOGY CO LTD
7.4.1. OVERVIEW
7.4.2. PRODUCT
PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGES
7.5. THE
CHEMOURS COMPANY
7.5.1. OVERVIEW
7.5.2. PRODUCT
PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGES
7.6. BLACK
DIAMOND STRUCTURES LLC
7.6.1. OVERVIEW
7.6.2. PRODUCT
PORTFOLIO
7.7. NEI
CORPORATION
7.7.1. OVERVIEW
7.7.2. PRODUCT
PORTFOLIO
7.8. HYPERION
CATALYSIS INTERNATIONAL INC
7.8.1. OVERVIEW
7.8.2. PRODUCT
PORTFOLIO
7.9. A123
SYSTEMS LLC
7.9.1. OVERVIEW
7.9.2. PRODUCT
PORTFOLIO
7.10. ALTAIRNANO
7.10.1. OVERVIEW
7.10.2. PRODUCT
PORTFOLIO
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE
1: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET, BY
COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE
2: REGULATORY FRAMEWORK
TABLE
3: LIST OF COLLABORATIONS
TABLE
4: LIST OF PRODUCT LAUNCHES
TABLE
5: LIST OF BUSINESS DIVESTITURES & EXPANSIONS
TABLE
6: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET, BY
APPLICATION, 2023-2030 (IN $ MILLION)
TABLE
7: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET, BY
COMPONENT, 2023-2030 (IN $ MILLION)
TABLE
8: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET, BY
INDUSTRY VERTICAL, 2023-2030 (IN $ MILLION)
TABLE
9: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET, BY
COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: MARKET MATURITY ANALYSIS
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 4: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY SOLAR PHOTOVOLTAICS, 2023-2030 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY ENERGY DEVICE STORAGE, 2023-2030 (IN $ MILLION)
FIGURE 6: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY FUEL CELL, 2023-2030 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY PETROLEUM REFINING, 2023-2030 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY COMPONENT, 2022 & 2030 (IN %)
FIGURE 10: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY NANOTHIN FILM, 2023-2030 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY NANOSENSOR, 2023-2030 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY SOLID NANOPARTICLE, 2023-2030 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY NANO-STRUCTURE MONOLITHIC, 2023-2030 (IN $
MILLION)
FIGURE 14: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY OTHER COMPONENTS, 2023-2030 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY INDUSTRY VERTICAL, 2022 & 2030 (IN %)
FIGURE 16: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY MANUFACTURING, 2023-2030 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY ELECTRICAL, 2023-2030 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY TRANSPORT, 2023-2030 (IN $ MILLION)
FIGURE 19: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY OTHER INDUSTRY VERTICALS, 2023-2030 (IN $
MILLION)
FIGURE 20: MIDDLE EAST AND AFRICA NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 21: UNITED ARAB EMIRATES NANOTECHNOLOGY IN
ENERGY APPLICATIONS MARKET 2023-2030 (IN $ MILLION)
FIGURE 22: SAUDI ARABIA NANOTECHNOLOGY IN ENERGY
APPLICATIONS MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: TURKEY NANOTECHNOLOGY IN ENERGY
APPLICATIONS MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: SOUTH AFRICA NANOTECHNOLOGY IN ENERGY
APPLICATIONS MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: REST OF MIDDLE EAST & AFRICA
NANOTECHNOLOGY IN ENERGY APPLICATIONS MARKET 2023-2030 (IN $ MILLION)