Nanofiber is a cylindrical structure with an outer diameter less than 1000 nm and a width to height ratio greater than 50. At present, some types of nanofibers have been successfully developed all over the world, including polymer fiber, carbon fiber, ceramic fiber, glass fiber, metal fiber and composite fiber.

    BCC believes that nanofibers have begun to be applied or have potential application prospects in the fields of automobile and aerospace, consumer goods, defense and electronics, energy, mechanical / chemical, medical / Biotechnology / pharmaceutical, sensors and instruments, as well as thermal and acoustic isolation.    According to the China chemical industry news, with the rapid development of the mechanical and chemical products market and the energy product market, the nanofiber industry is also developing rapidly. According to the report of BCC research company, in the years after 2010, the global nanofiber market will grow rapidly, with an average annual compound growth rate of 34.3% in the next five years, and the market sales revenue will increase from US $102 million in 2010 to US $443 million in 2015.

    According to BCC, the demand for nanofibers in the mechanical and chemical products market, a large terminal market for nanofiber applications, will increase from US $74.3 million in 2010 to US $314 million in 2015, with an average annual compound growth rate of 33.4%; while the demand for nanofibers in the energy products markets of the two major end markets will increase from US $16.7 million in 2010 to US $75.8 million in 2015, with an average annual compound growth rate of 35.3%; The demand for nanofibers in the third largest terminal market, electronic application market, will increase from $6.4 million in 2010 to $41.5 million in 2015, with an average annual compound growth rate of 45.3%; the demand for nanofibers in other application fields will increase from $4.1 million in 2010 to $11.1 million in 2015, with an average compound growth rate of 22%.