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Nanofiber Market size is set to grow by USD 11.535.5 billion from 2024-2028, Growing demand for renewable energy and sustainable products to boost the market growth, Technavio

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NEW YORK, June 17, 2024 /PRNewswire/ — The global nanofiber market size is estimated to grow by USD 11.53 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  33.85%  during the forecast period. Growing demand for renewable energy and sustainable products is driving market growth, with a trend towards new product developments. However, production challenges poses a challenge. Key market players include Abalioglu Holding AS, Ahlstrom Holding 3 Oy, Asahi Kasei Corp., Berkshire Hathaway Inc., Donaldson Co. Inc., DuPont de Nemours Inc., eSpin Technologies Inc., Freudenberg and Co. KG, Grupo Antolin Irausa SA, Hollingsworth and Vose, Inovenso Inc., Mitsubishi Chemical Group Corp., Nanolayr Ltd., NanoTechLabs Inc., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., Teijin Ltd., Toray Industries Inc., US Global Nanospace Inc., and Verdex Technologies Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Polymer, Carbon, Glass, Ceramic, and Others), Application (Air and liquid filtration, Energy, Electronics, Medical, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Abalioglu Holding AS, Ahlstrom Holding 3 Oy, Asahi Kasei Corp., Berkshire Hathaway Inc., Donaldson Co. Inc., DuPont de Nemours Inc., eSpin Technologies Inc., Freudenberg and Co. KG, Grupo Antolin Irausa SA, Hollingsworth and Vose, Inovenso Inc., Mitsubishi Chemical Group Corp., Nanolayr Ltd., NanoTechLabs Inc., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., Teijin Ltd., Toray Industries Inc., US Global Nanospace Inc., and Verdex Technologies Inc.

Key Market Trends Fueling Growth

The global nanofiber market experiences growth through new product introductions by manufacturers, equipment suppliers, and technology providers. Teijin Ltd.’s eco-friendly staple polyester nanofiber launch in April 2022 is an example, enhancing rubber products’ performance in automotive tires, hoses, and belts. Innovative strategies and successful new product development contribute significantly to market expansion. 

The nanofiber market is experiencing significant growth due to the increasing demand for lightweight, strong, and high-performance materials. These fibers offer superior properties such as high surface area, filtration efficiency, and biocompatibility.

The use of nanofibers in various industries including healthcare, filtration, and composites is on the rise. Carbon nanofibers, in particular, are gaining popularity due to their excellent conductivity and strength. The use of these fibers in lithium-ion batteries and fuel cells is expected to drive the market forward. Additionally, the development of new manufacturing techniques and the increasing investment in research and development are expected to further boost the nanofiber market. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The nanofiber market faces challenges in producing uniform nanofibers using electrospinning due to the formation of defective beads and pores. High polymer concentrations increase bead formation, leading to various shapes. Research focuses on reducing surface tension for bead-free nanofibers, linked to solvent selection. Other issues include jet instability, needle blocking, and high production costs, impacting market growth negatively.The nanofiber market is experiencing significant growth, with various applications in sectors such as healthcare, filtration, and electronics. However, challenges persist in the production process, including high costs and complex manufacturing techniques.Additionally, ensuring consistent quality and large-scale production remain major hurdles. In the healthcare sector, the integration of nanofibers into medical devices and biocompatibility testing pose challenges. In filtration, the development of cost-effective and efficient nanofiber membranes is a key challenge. In electronics, the integration of nanofibers into sensors and energy storage devices requires further research and development. Overall, addressing these challenges will drive innovation and growth in the nanofiber market.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Product 1.1 Polymer1.2 Carbon1.3 Glass1.4 Ceramic1.5 OthersApplication 2.1 Air and liquid filtration2.2 Energy2.3 Electronics2.4 Medical2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Polymer- Polymer nanofibers, with diameters ranging from a few nanometers to over 100 nanometers, offer unique properties due to their large surface area and small pore size. Widely used in filtration systems, they are also gaining popularity in the textile industry due to the rise of smart and technical textile products. Research advancements, such as improved thermal conductivity and antibacterial properties, further expand their applications in various industries, fueling the growth of the global nanofiber market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The nanofiber market encompasses a wide range of applications in various industries, including medical, automotive and transportation, textiles, energy, and healthcare. In the medical sector, nanofibers derived from polymers through the electrospinning method have gained significant attention due to their potential use in photonics, electronics, and light-emitting sources for sensors. Carbon nanofibers and composite nanofibers are commonly used in medical applications, such as in N95 masks, due to their high filtration efficiency and mechanical strength.

Additionally, carbohydrate-based nanofibers and ceramic nanofibers have emerged as promising materials for sensors and energy applications. Metal oxide semiconductors are also used in the production of nanofibers for various applications, including sensors and energy storage. Overall, the nanofiber market is expected to grow significantly due to the increasing demand for advanced materials in various industries.

Market Research Overview

The nanofiber market encompasses the production and application of nanofibers, which are ultra-thin fibers measuring between 1 and 100 nanometers in diameter. These fibers exhibit unique properties such as high surface area, strength, and filtration efficiency, making them suitable for various industries. Applications of nanofibers span across filtration, sensors, composites, biomedical, and energy storage sectors.

The market is driven by factors such as increasing demand for lightweight and high-performance materials, growing awareness of nanotechnology, and advancements in manufacturing technologies. Companies are investing in research and development to expand the applications and improve the production processes of nanofibers. The market is expected to grow significantly in the coming years due to its potential in various industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductPolymerCarbonGlassCeramicOthersApplicationAir And Liquid FiltrationEnergyElectronicsMedicalOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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NASA Invites Media to Launch of Cosmic Origins, Solar Wind Missions

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WASHINGTON, Jan. 13, 2025 /PRNewswire/ — Media accreditation is open for the launch of two NASA missions that will explore the mysteries of our universe and Sun.

The agency is targeting late February to launch its SPHEREx (Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) observatory, a space telescope that will create a 3D map of the entire sky to help scientists investigate the origins of our universe. NASA’s PUNCH (Polarimeter to Unify the Corona and Heliosphere) mission, which will study origins of the Sun’s outflow of material, or the solar wind, also will ride to space with the telescope.

NASA and SpaceX will launch the missions aboard the company’s Falcon 9 rocket from Space Launch Complex 4E at Vandenberg Space Force Base in California.

Accredited media will have the opportunity to participate in a series of prelaunch briefings and interviews with key mission personnel, including a science briefing the week of launch. NASA will communicate additional details regarding the media event schedule as the launch date approaches.

Media interested in covering the launch must apply for media accreditation. The application deadline for U.S. citizens is 11:59 p.m. EST, Thursday, Feb. 6, while international media without U.S. citizenship must apply by 11:59 p.m., Monday, Jan. 20.

NASA’s media accreditation policy is available online. For questions about accreditation, please email: ksc-media-accreditat@mail.nasa.gov. For other mission questions, please contact the newsroom at NASA’s Kennedy Space Center in Florida at 321-867-2468.

Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitar entrevistas en español, comuníquese con Antonia Jaramillo: 321-501-8425, o Messod Bendayan: 256-930-1371.

Updates about spacecraft launch preparations are available on the agency’s SPHEREx blog and PUNCH blog.

The SPHEREx mission will observe hundreds of millions of stars and galaxies in infrared light, a range of wavelengths not visible to the human eye. With this map, SPHEREx will enable scientists to study inflation, or the rapid expansion of the universe a fraction of a second after the big bang. The observatory also will measure the collective glow from galaxies near and far, including light from hidden galaxies that individually haven’t been observed, and look for reservoirs of water, carbon dioxide, and other key ingredients for life in our home galaxy.

Launching as a rideshare with SPHEREx, the agency’s PUNCH mission is made up of four suitcase-sized satellites that will spread out around Earth’s day-night line to observe the Sun and space with a combined field of view. Working together, the four satellites will map out the region where the Sun’s outer atmosphere, the corona, transitions to the solar wind, or the constant outflow of material from the Sun.

The SPHEREx observatory is managed by NASA’s Jet Propulsion Laboratory in Southern California for the Astrophysics Division within the agency’s Science Mission Directorate in Washington. The mission principal investigator is based jointly at NASA JPL and Caltech. Formerly Ball Aerospace, BAE Systems built the telescope, supplied the spacecraft bus, and performed observatory integration. The science analysis of the SPHEREx data will be conducted by a team of scientists located at 10 institutions in the U.S., two in South Korea, and one in Taiwan. Data will be processed and archived at IPAC at Caltech. The SPHEREx data set will be publicly available.

The agency’s PUNCH mission is led by Southwest Research Institute’s office in Boulder, Colorado. The mission is managed by the Explorers Program Office at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, for NASA’s Science Mission Directorate. NASA’s Launch Services Program, based at NASA Kennedy, manages the launch service for the SPHEREx and PUNCH missions.

For more details about the SPHEREx mission and updates on launch preparations, visit:

https://science.nasa.gov/mission/spherex/

 

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SOURCE NASA

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Ragie Launch Week: Game-Changing RAG Tooling for Developers

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SAN FRANCISCO, Jan. 13, 2025 /PRNewswire/ — Ragie, the innovative leader in Retrieval Augmented Generation (RAG) technology, is proud to announce its first-ever Launch Week.  Beginning today, Ragie will unveil several highly anticipated features requested by its growing user base that are designed to make AI applications faster and easier to build.

 

Three key announcements are being made during this three-day event: Ragie Connect, Advanced Retrieval Mode and Base Chat.

Ragie Connect

Many of Ragie’s customers have asked for a way to use its robust RAG pipeline in their SaaS applications, which is why the team developed Ragie Connect. Ragie Connect connects your AI application with your users’ data with minimal code. It handles authentication and automatic user-data syncing from data sources like Google Drive, Salesforce, Notion, and more, so developers can easily embed RAG in their applications.

“Ragie Connect is a lot like Plaid for AI”, said Bob Remeika, CEO of Ragie.  “With just a little bit of code, you can sync your users’ data with your application.  It’s similar to other iPaaS systems in that it handles authentication and data syncing, except Ragie Connect is purpose built for AI applications which really sets it apart.”

Ragie Advanced Retrieval Mode

Ragie looks very simple by design, but there are a lot of advanced features like Hybrid Search and Reranking. These work in the background to help it achieve 99.4% precision on LegalBench-RAG and a 137% improvement on FinanceBench with semantic, hybrid, and hierarchical retrieval. Ragie’s new “recency bias” feature ensures that the most current data is prioritized during retrieval in use cases where live data is more important than historical knowledge bases.

“Our goal is to set the standard for retrieval accuracy and developer experience in the industry,” said Mohammed Rafiq, CTO of Ragie.

Ragie Base Chat

Ragie is releasing an open source multi-tenant chatbot called Ragie Base Chat, which is powered by Ragie Connect and connects to your company’s knowledge base. It’s like a self-hosted “Glean light” that allows companies to chat with their data from Google Drive, Salesforce, Notion, and more. The Base Chat release will also contain 5 new native connectors including Slack, Hubspot, Dropbox, GCS, and S3 to meet the needs of new and existing customers in multiple verticals. A fully hosted version of Base Chat is coming soon.

These updates are just the latest in Ragie’s ongoing evolution as the leading RAG-as-a-Service platform for developers. Visit www.ragie.ai to learn more about the Launch Week, Ragie Connect, and more.

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SOURCE Ragie

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HYDRO-QUÉBEC ISSUE OF DEBENTURES DUE FEBRUARY 15, 2065 ON THE CANADIAN MARKET

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MONTREAL, Jan. 13, 2025 /CNW/ – Hydro-Québec announces that it has negotiated on the Canadian domestic market the issue of CA$500,000,000 of Debentures, Series JU, maturing on February 15, 2065.

The Debentures, with a coupon of 4.00%, payable semi-annually, will be offered on the market at a price of 91,495 plus interest deemed to have accrued from August 15, 2024. The yield is 4.457%.

The lead manager for this issue is National Bank Financial Inc. with Scotia Capital Inc. and The Toronto-Dominion Bank acting as co-lead managers, BMO Nesbitt Burns Inc., Casgrain & Company Limited, CIBC World Markets Inc., Desjardins Securities Inc., Laurentian Bank Securities Inc. and RBC Dominion Securities Inc. acting as other managers.

This is the third additional tranche of Debentures, Series JU, issued initially on September 19, 2024 and the total aggregate principal amount of Debentures outstanding under this Series now amounts to CA$2,000,000,000.

SOURCE Hydro-Québec

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