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Nanofiber Technology Market By Application (Aviation And Aerospace, Textiles, Healthcare, Filtration, Energy, Photonics & Electronics, Composites, Automotive), Industry Size, Growth, Share And Forecast To 2022

Published By: Brisk Insights | Published On: Mar 18, 2016

Key Findings


The global nanofiber technology market is expected to grow at the CAGR of 24.63% during 2015-2022.

There are a number of factors driving the market such as increasing application of nanofibers in a number of industries due to large number of benefits it has over the conventional materials used. Nanofibers have unique properties such as high optical and electrical quality, high porosity, permeability of layers, structural benefits over conventional materials used etc. Due to the rising demand of nanofibers many new investors are coming into the field and also huge investment is done in the R&D department. This is expected to give better and technologically products in the future and hence are expected to boost the market. Although the process requires high investment and this acts as a barrier for the new entrants. Also the health hazards and safe disposals of the byproducts is a major challenge faced by the industry.


Market Segment Insight


The nanofiber technology market is segmented on the basis of application. Which is further sub segmented into Aviation and aerospace, Textiles, Healthcare, Filtration, Energy, Photonics and electronics, Composites and Automotive. Among all the segments nanofibers minds the largest use in healthcare industry such as those in bio medical industry. High use of nanofibers in textiles industry are expected to boost the market in the forecasted period.


Regional Insight


Based on application the market is segmented into North America, Europe, APAC and ROE. North America has the largest market share globally due to huge application in bio medical industries and constant R&D in the field. North America is followed by Europe, APAC and ROE. APAC is expected to grow with the fastest rate due to increasing investment in the R&D segment majorly by countries like China and Japan.


Competitive Insights


Some of the major companies of the market are Argonide Corporation, Asahi Kasei Fibers Corporation, E. I. du Pont de Nemours and Company, Applied Sciences, Inc etc. Market players are investing in R&D and innovation to produce technologically advanced products and have a strong grip on the market.

CHAP 1. METHODOLOGY & SCOPE 11
    1.1. RESEARCH METHODOLOGY 11
    1.2. RESEARCH SCOPE & ASSUMPTIONS 11
    1.3. LIST OF DATA SOURCES 11


CHAP 2. EXECUTIVE SUMMARY 12
    2.1. GLOBAL NANOFIBERS TECHNOLOGY MARKET SUMMARY & KEY BUYING CRITERIA 12
    2.2. GLOBAL NANOFIBERS TECHNOLOGY MARKET OUTLOOK 12
    2.3. MARKET SEGMENTATION 12
    2.4. MARKET SIZE AND GROWTH PROSPECTS 2012-2022 12
    2.5. GLOBAL NANOFIBERS TECHNOLOGY MARKET VALUE CHAIN ANALYSIS 12
    2.6. VENDOR LANDSCAPE 12


CHAP 3. GLOBAL NANOFIBERS TECHNOLOGY MARKET 13
    3.1. MARKET DRIVER ANALYSIS 13
    3.2. MARKET RESTRAINT ANALYSIS 13
   3.3. KEY OPPORTUNITIES 13
   3.4. CHALLENGES 13


CHAP 4. INDUSTRY ANALYSIS 14
    4.1. GLOBAL NANOFIBERS TECHNOLOGY MARKET– PORTER’S FIVE FORCE MODEL 14
    4.2. GLOBAL NANOFIBERS TECHNOLOGY MARKET– PESTEL ANALYSIS 14
    4.3. GLOBAL NANOFIBERS TECHNOLOGY MARKET– GAP ANALYSIS 14


CHAP 5. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY APPLICATION 2012-2022 ($ BILLION) 15
    5.1. GLOBAL NANOFIBERS TECHNOLOGYMARKET BY AVIATION AND AEROSPACE, 2012-2022 ($ BILLION) 15
    5.2. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY TEXTILES, 2012-2022 ($ BILLION) 15
    5.3. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY HEALTHCARE, 2012-2022 ($ BILLION) 15
    5.4. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY FILTRATION, 2012-2022 ($ BILLION) 15
    5.5. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY ENERGY, 2012-2022 ($ BILLION) 15
    5.6. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY PHOTONICS AND ELECTRONICS, 2012-2022 ($ BILLION) 15
    5.7. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY COMPOSITES, 2012-2022 ($ BILLION) 15
    5.8. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY AUTOMOTIVE, 2012-2022 ($ BILLION) 15


CHAP 6. GLOBAL NANOFIBERS TECHNOLOGY MARKET, REGIONAL OUTLOOK 2012-2022 ($ BILLION) 16
    6.1. GLOBAL NANOFIBERS TECHNOLOGY MARKET BY REGION 2012-2022 ($ BILLION) 16
    6.2. NORTH AMERICA 16
        6.2.1. NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 16
        6.2.2. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ BILLION) 16
        6.2.3. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 16
            6.2.3.1. U.S. 16
                6.2.3.1.1. U.S. MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 16
                6.2.3.1.2. U.S. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 16
            6.2.3.2. CANADA 16
                6.2.3.2.1. CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 16
                6.2.3.2.2. CANADA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 16
    6.3. EUROPE 16
        6.3.1. EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 16
        6.3.2. EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ BILLION) 16
        6.3.3. EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 16
                6.3.3.1. GERMANY 16
                6.3.3.1.1. GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 17
                6.3.3.1.2. GERMANY MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 17
            6.3.3.2. UK 17
                6.3.3.2.1. UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 17
                6.3.3.2.2. UK MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 17
            6.3.3.3. FRANCE 17
                6.3.3.3.1. FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 17
                6.3.3.3.2. FRANCE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 17
            6.3.3.4. SPAIN 17
                6.3.3.4.1. SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 17
                6.3.3.4.2. SPAIN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 17
            6.3.3.5. REST OF EUROPE 17
                6.3.3.5.1. RUSSIA MARKET ESTIMATES AND FORECAST2012-2022($BILLION) 18
        6.3.3.5.2. OTHERS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022($BILLION) 18
    6.4. ASIA PACIFIC 18
            6.4.1. ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 18
        6.4.2. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ BILLION) 18
            6.4.3. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 18
            6.4.3.1. CHINA 18
                6.4.3.1.1. CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 18
                6.4.3.1.2. CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 18
            6.4.3.2. INDIA 18
                6.4.3.2.1. INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 18
                6.4.3.2.2. INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 18
            6.4.3.3. JAPAN 18
                6.4.3.3.1. JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 18
                6.4.3.3.2. JAPAN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($BILLION) 18
            6.4.3.4. OTHERS 18
                6.4.3.4.1. OTHER MARKET ESTIMATES AND FORECASTS 2012-2022($BILLION) 19
                6.4.3.4.2. OTHER MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022($BILLION) 19
    6.5. MIDDLE EAST & AFRICA 19
        6.5.1. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 19
        6.5.2. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 19
    6.6. LATIN AMERICA 19
        6.6.1. LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 19
        6.6.2. LATIN AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 19
            6.6.2.1. BRAZIL 19
                6.6.2.1.1. BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 19
                6.6.2.1.2. BRAZIL MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 19


CHAP 7. COMPETITIVE LANDSCAPE 20
    7.1. AHLSTROM CORPORATION 21
        7.1.1. COMPANY OVERVIEW 21
        7.1.2. SCOT ANALYSIS 21
        7.1.3. PRODUCT BENCHMARKING 21
        7.1.4. STRATEGIC INITIATIVES 21
    7.2. APPLIED SCIENCES, INC 21
        7.2.1. COMPANY OVERVIEW 21
        7.2.2. SCOT ANALYSIS 21
        7.2.3. PRODUCT BENCHMARKING 21
        7.2.4. STRATEGIC INITIATIVES 21
    7.3. ARGONIDE CORPORATION 21
        7.3.1. COMPANY OVERVIEW 21
        7.3.2. SCOT ANALYSIS 21
        7.3.3. PRODUCT BENCHMARKING 21
        7.3.4. STRATEGIC INITIATIVES 21
    7.4. ASAHI KASEI FIBERS CORPORATION 21
        7.4.1. COMPANY OVERVIEW 21
        7.4.2. SCOT ANALYSIS 21
        7.4.3. PRODUCT BENCHMARKING 21
        7.4.4. STRATEGIC INITIATIVES 21
    7.5. CATALYTIC MATERIALS LLC 21
        7.5.1. COMPANY OVERVIEW 21
        7.5.2. SCOT ANALYSIS 21
        7.5.3. PRODUCT BENCHMARKING 21
        7.5.4. STRATEGIC INITIATIVES 21
    7.6. DAICEL FINECHEM LTD. 21
        7.6.1. COMPANY OVERVIEW 21
        7.6.2. SCOT ANALYSIS 22
        7.6.3. PRODUCT BENCHMARKING 22
        7.6.4. STRATEGIC INITIATIVES 22
    7.7. DONALDSON COMPANY, INC. 22
        7.7.1. COMPANY OVERVIEW 22
        7.7.2. SCOT ANALYSIS 22
        7.7.3. PRODUCT BENCHMARKING 22
        7.7.4. STRATEGIC INITIATIVES 22
    7.8. DREAMWEAVER INTERNATIONAL 22
        7.8.1. COMPANY OVERVIEW 22
        7.8.2. SCOT ANALYSIS 22
        7.8.3. PRODUCT BENCHMARKING 22
        7.8.4. STRATEGIC INITIATIVES 22
        7.9. E. I. DU PONT DE NEMOURS AND COMPANY 22
        7.9.1. COMPANY OVERVIEW 22
        7.9.2. SCOT ANALYSIS 22
        7.9.3. PRODUCT BENCHMARKING 22
        7.9.4. STRATEGIC INITIATIVES 22
    7.10. ELMARCO 22
        7.10.1. COMPANY OVERVIEW 22
        7.10.2. SCOT ANALYSIS 22
        7.10.3. PRODUCT BENCHMARKING 22
        7.10.4. STRATEGIC INITIATIVES 22
    7.11. ESPIN TECHNOLOGIES, INC. 22
        7.11.1. COMPANY OVERVIEW 22
        7.11.2. SCOT ANALYSIS 22
        7.11.3. PRODUCT BENCHMARKING 22
        7.11.4. STRATEGIC INITIATIVES 22
    7.12. FIBERIO TECHNOLOGY CORPORATION 23
        7.12.1. COMPANY OVERVIEW 23
        7.12.2. SCOT ANALYSIS 23
        7.12.3. PRODUCT BENCHMARKING 23
        7.12.4. STRATEGIC INITIATIVES 23
    7.13. FINETEX ENE, INC. 23
        7.13.1. COMPANY OVERVIEW 23
        7.13.2. SCOT ANALYSIS 23
        7.13.3. PRODUCT BENCHMARKING 23
        7.13.4. STRATEGIC INITIATIVES 23
    7.14. GRUPO ANTOLIN 23
        7.14.1. COMPANY OVERVIEW 23
        7.14.2. SCOT ANALYSIS 23
        7.14.3. PRODUCT BENCHMARKING 23
        7.14.4. STRATEGIC INITIATIVES 23
    7.15. HOLLINGSWORTH AND VOSE 23
        7.15.1. COMPANY OVERVIEW 23
        7.15.2. SCOT ANALYSIS 23
        7.15.3. PRODUCT BENCHMARKING 23
        7.15.4. STRATEGIC INITIATIVES 23
    7.16. JAPAN VILENE COMPANY LTD. 23
        7.16.1. COMPANY OVERVIEW 23
        7.16.2. SCOT ANALYSIS 23
        7.16.3. PRODUCT BENCHMARKING 23
        7.16.4. STRATEGIC INITIATIVES 23
    7.17. JOHNS MANVILLE 23
        7.17.1. COMPANY OVERVIEW 23
        7.17.2. SCOT ANALYSIS 24
        7.17.3. PRODUCT BENCHMARKING 24
        7.17.4. STRATEGIC INITIATIVES 24
    7.18. READE ADVANCED MATERIALS 24
        7.18.1. COMPANY OVERVIEW 24
        7.18.2. SCOT ANALYSIS 24
        7.18.3. PRODUCT BENCHMARKING 24
        7.18.4. STRATEGIC INITIATIVES 24
    7.19. TORAY INDUSTRIES, INC. 24
        7.19.1. COMPANY OVERVIEW 24
        7.19.2. SCOT ANALYSIS 24
        7.19.3. PRODUCT BENCHMARKING 24
        7.19.4. STRATEGIC INITIATIVES 24
    7.20. WOOREE NANOPHIL CO. LTD. 24
        7.20.1. COMPANY OVERVIEW 24
        7.20.2. SCOT ANALYSIS 24
        7.20.3. PRODUCT BENCHMARKING 24
        7.20.4. STRATEGIC INITIATIVES 24

TABLE 1 GLOBAL NANOFIBERS TECHNOLOGY MARKET BY APPLICATION 2012-2022 ($ BILLION) 22
TABLE 2 GLOBAL NANOFIBERS TECHNOLOGYMARKET BY AVIATION AND AEROSPACE, 2012-2022 ($ BILLION) 22
TABLE 3 GLOBAL NANOFIBERS TECHNOLOGY MARKET BY TEXTILES, 2012-2022 ($ BILLION) 22
TABLE 4 GLOBAL NANOFIBERS TECHNOLOGY MARKET BY HEALTHCARE, 2012-2022 ($ BILLION) 22
TABLE 5 GLOBAL NANOFIBERS TECHNOLOGY MARKET BY FILTERATION, 2012-2022 ($ BILLION) 22
TABLE 6 GLOBAL NANOFIBERS TECHNOLOGY MARKET BY ENERGY, 2012-2022 ($ BILLION) 22
TABLE 7 GLOBAL NANOFIBERS TECHNOLOGY MARKET BY PHOTONICS AND ELECTRONICS, 2012-2022 ($ BILLION) 22
TABLE 8 GLOBAL NANOFIBERS TECHNOLOGYMARKET BY HEALTHCARE, 2012-2022 ($ BILLION) 23
TABLE 9 GLOBAL NANOFIBERS TECHNOLOGY MARKET BY COMPOSITES, 2012-2022 ($ BILLION) 23
TABLE 10 NORTH AMERICA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 23
TABLE 11 NORTH AMERICA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY REGION, 2012 – 2022 ($ BILLION) 23
TABLE 12 NORTH AMERICA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 23
TABLE 13 U.S. NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 23
TABLE 14 U.S. NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 23
TABLE 15 CANADA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 23
TABLE 16 CANADA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 –2022 ($ BILLION) 23
TABLE 17 CANADA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 23
TABLE 18 EUROPE NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 23
TABLE 19 EUROPE NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY REGION, 2012 – 2022 ($ BILLION) 23
TABLE 20 EUROPE NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 23
TABLE 21 GERMANY NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 23
TABLE 22 NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 23
TABLE 23 UK NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 23
TABLE 24 UK NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 24
TABLE 25 ASIA PACIFIC NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 24
TABLE 26 ASIA PACIFIC NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY REGION, 2012 – 2022 ($ BILLION) 24
TABLE 27 ASIA PACIFIC NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 24
TABLE 28 CHINA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 24
TABLE 29 CHINA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 24
TABLE 30 INDIA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 24
TABLE 31 INDIA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 24
TABLE 32 JAPAN NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 24
TABLE 33 JAPAN NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 24
TABLE 34 MIDDLE EAST & AFRICA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 24
TABLE 35 MIDDLE EAST & AFRICA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 24
TABLE 36 LATIN AMERICA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST, 2012 – 2022 ($ BILLION) 24
TABLE 37 LATIN AMERICA NANOFIBERS TECHNOLOGY TECHNOLOGIES MARKET ESTIMATES AND FORECAST BY APPLICATION, 2012 – 2022 ($ BILLION) 24

FIGURE 1 MARKET SHARE BY REGIONS 24
FIGURE 2 UNITED STATES MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 24
FIGURE 3 CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 4 EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 5 GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 6 UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 7 FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 8 APAC MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 9 CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 10 INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 11 JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 12 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25
FIGURE 13 LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 25

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