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September 16th, 2004
Groundbreaking progress in nanotechnology is giving rise to heightened interest among investors, manufacturers, and other market participants. With progress comes new issues and challenges for theoretical scientists and, accordingly, increased demand for high-end research procedures and tools.
"Most of the research happening now is focused on improving upon existing materials properties or developing new materials," says Technical Insights Research Analyst Hrishikesh Bidwe. "These materials will initially find use in various high performance industries, such as aerospace and defense. If price can be significantly reduced, consumer applications will probably become the major market for nanophase materials."
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