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Home > News > What’s in store for the next decade?

December 11th, 2009

What’s in store for the next decade?

Nanotechnology, the science of building machines on an atomic scale, promises ways to make many products lighter, stronger and cheaper. Nanotech has already done that with clothing, cosmetics and even golf clubs, but it could make a real difference in building materials, communications equipment and medicine. The global market for nanotech is projected to grow by 20% annually over the next three years, to $1.6 trillion, says RNCOS, a research firm. PowerShares Lux Nanotech (PXN), an ETF, provides diversified exposure to this highly speculative area. -- Thomas M. Anderson


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