According to Cognitive Market Research, the global nanofiber materials market size is USD 1725.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 12.50% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 690.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 517.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 396.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.5% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 86.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 34.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.
The polymeric nanofiber held the highest nanofiber materials market revenue share in 2024.
