Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > News > China's giant step into nanotech

March 29th, 2009

China's giant step into nanotech

Abstract:
The global nanotechnology market could top $2tn by 2012, predicts Tim Harper, founder of the nanotech consultancy CMP Cientifica. "What we see is a big take-off in 2011, and by 2012 the industry is really going to be booming," he says. "We've been pumping hundreds of millions of dollars into the nanotech industry for the last decade and we're finally getting to the point where we're seeing products being manufactured and sold."

Harper predicts that by 2010, areas of nanotechnology and biology will have merged, setting in motion the production of a wealth of new drugs and clinical equipment (such as the vials of nanomaterials for use in health products, clothes and cosmetics). His research sees nanotech pharmaceutical and healthcare products worth an estimated $3.2tn by 2012, with military-use nanotech products taking 14% of the total market and worth $40bn.

Nanotech products for the motor industry will make up a 4% chunk of the market, while nano-foods are likely to corner up to 2%. Nanotech products designed to tackle water, air and soil pollution will also be big business in 2012. "In terms of environmentally beneficial materials, in some ways the Chinese are further along in their thinking than even the US," says Harper. "They are already putting together a system to work out how we can use these technologies for the good of the environment." The US may still lead the nano surge overall, but Harper believes China will be on a par with the EU and US by 2012.

Richard Appelbaum, from the Center for Nanotechnology in Society at the University of California, puts the global nanotech market figure at $2.6tn by 2014, or 15% of manufacturing output in that year. China, along with 40 other countries including the US, UK and Japan, is investing in nanotechnology "as a major key to global economic competitiveness", he says.

If any one nation succeeds in cornering the giant's share of the market, it "would be sufficient to confer global economic leadership on the country", he adds.

Source:
guardian.co.uk

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Thin films

Cambridge Advanced Imaging Centre praises support film consistency and quality from EM Resolutions July 5th, 2016

Novel capping strategy improves stability of perovskite nanocrystals: Study addresses instability issues with organometal-halide perovskites, a promising class of materials for solar cells, LEDs, and other applications June 13th, 2016

New nanomaterial offers promise in bendable, wearable electronic devices: Electroplated polymer makes transparent, highly conductive, ultrathin film June 13th, 2016

Perovskite solar cells surpass 20 percent efficiency: EPFL researchers are pushing the limits of perovskite solar cell performance by exploring the best way to grow these crystals June 13th, 2016

Jobs

SUNY Poly Welcomes DPS as the Global Engineering Firm Opens Its U.S. Advanced Technology Group Headquarters at Cutting-Edge ZEN Building November 20th, 2015

SUNY Poly CNSE Announces Milestone as M+W Group Opens U.S. Headquarters at Albany Nanotech Complex and Research Alliance Begins $105M Solar Power Initiative October 20th, 2015

Global Engineering Firm DPS to Establish U.S. Advanced Technology Group Headquarters at SUNY Poly CNSE and Create 56 New Jobs Under STARTUP-NY Initiative October 6th, 2015

SUNY Poly Announces Joint Development Agreement with INFICON to Establish Cutting Edge R&D Partnership Supporting New York State’s Rapidly Expanding Nanoelectronics Industry September 23rd, 2015

Products

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Abalonyx launches Reduced Graphene Oxide Product: Abalonyx has successfully scaled up production of thermally reduced graphene oxide (rGO) in its Tofte, Norway, production facility. This product is now offered to customers in Kg-quantities May 10th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 14th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 10th, 2016

Investments/IPO's/Splits

Nanometrics Announces Upcoming Investor Events July 20th, 2016

Keystone Nano selected as a top scoring company by NCI investor review panel July 19th, 2016

Arrowhead Pharmaceuticals to Present at Cantor Fitzgerald's 2nd Annual Healthcare Conference July 6th, 2016

Nanometrics to Participate in the 8th Annual CEO Investor Summit: Investor Event Held Concurrently with SEMICON West 2016 in San Francisco June 22nd, 2016

Molecular Machines

New remote-controlled microrobots for medical operations July 23rd, 2016

Pushing a single-molecule switch: An international team of researchers from Donostia International Physics Center, Fritz-Haber Institute of the Max Planck Society, University of Liverpool, and the Polish Academy of Sciences has shown a new way to operate a single-molecule switch July 19th, 2016

Researchers harness DNA as the engine of super-efficient nanomachine: New platform detects traces of everything from bacteria to viruses, cocaine and metals July 10th, 2016

On the path toward molecular robots: Scientists at Japan's Hokkaido University have developed light-powered molecular motors that repetitively bend and unbend, bringing us closer to molecular robots. July 8th, 2016

Nanotubes/Buckyballs/Fullerenes

Easier, faster, cheaper: A full-filling approach to making nanotubes of consistent quality: Approach opens a straightforward route for engineering the properties of single-wall carbon nanotubes July 19th, 2016

Sensing trouble: A new way to detect hidden damage in bridges, roads: University of Delaware engineers devise new method for monitoring structural health July 8th, 2016

Wireless, wearable toxic-gas detector: Inexpensive sensors could be worn by soldiers to detect hazardous chemical agents July 4th, 2016

Nanotubes' 'stuffing' as is: A scientist from the Lomonosov Moscow State University studied the types of carbon nanotubes' 'stuffing' June 2nd, 2016

Nanomedicine

Scientists change properties of zeolites to improve hemodialysis July 29th, 2016

Pixel-array quantum cascade detector paves the way for portable thermal imaging devices: Research team from TU-Wien Center for Micro- and Nanostructures have developed a new 'cooler' sensing instrument thereby increasing energy-efficiency and enhancing mobility for diagnostic tes July 28th, 2016

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Scientists test nanoparticle drug delivery in dogs with osteosarcoma July 26th, 2016

Military

Vortex laser offers hope for Moore's Law: The optics advancement may solve an approaching data bottleneck by helping to boost computing power and information transfer rates tenfold July 30th, 2016

Beating the heat a challenge at the nanoscale: Rice University scientists detect thermal boundary that hinders ultracold experiments July 28th, 2016

Ultrasensitive sensor using N-doped graphene July 26th, 2016

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

Environment

Dirty to drinkable: Engineers develop novel hybrid nanomaterials to transform water July 28th, 2016

A 'smart dress' for oil-degrading bacteria July 24th, 2016

News from Quorum: The College of New Jersey use the Quorum Cryo-SEM preparation system in a project to study ice crystals in high altitude clouds July 19th, 2016

Researchers improve catalyst efficiency for clean industries: Method reduces use of expensive platinum July 8th, 2016

Industrial

Dirty to drinkable: Engineers develop novel hybrid nanomaterials to transform water July 28th, 2016

Scientists move 1 step closer to creating an invisibility cloak July 15th, 2016

Yale researchers’ technology turns wasted heat into power June 27th, 2016

Industrial Nanotech, Inc. Signs Agreement With and Receives First Purchase Order from Major New Customer in China June 6th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic