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January 10th, 2005
The US nanomaterial market, which totalled only $125 million in 2000, is expected to reach $1.4 billion in 2008 and exceed $30 billion by 2020, according to Nanomaterials, a new study from the Freedonia Group.
The report predicts that early growth will come from a wide variety of niche applications. These include obvious sectors such as semiconductor wafer polishing abrasives and data storage media for the electronics industry; but also beer and soft drink bottles with superior barrier properties for beverage manufacturers.
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