Home > News > A ten-fold increase in 15 years? Nano hype and promise will duke it out.
April 17th, 2010
A ten-fold increase in 15 years? Nano hype and promise will duke it out.
Abstract:
While market demand has not yet matched the considerable hype that nanotechnology has generated over the past decade, nanomaterials have managed to attain an appreciable commercial presence in recent years, according to a new report from The Freedonia Group, a Cleveland-based industry research firm.
In its World Nanomaterials study, The Freedonia Group, says that global nanomaterial demand will continue to rise, posting "robust" 21% annual gains to $3.6 billion in 2013. By 2025, nanomaterials are expected to reach over $34 billion in sales, having still only scratched the surface of their immense market potential.
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