Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Global Market for Nanomaterials to Reach US$6.2 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

Abstract:
The research report titled "Nanomaterials: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, challenges, company profiles, mergers, acquisitions and other strategic industry activities.

Global Market for Nanomaterials to Reach US$6.2 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

San Jose, CA | Posted on October 29th, 2010

The impact of the economic recession has been diverse and disproportionate, among industries across the globe, with some smarting from the heat and dust raised by the economic turmoil, while others crumbled under the pressure. The unusually pronounced length and depth of the current recession has had even high-end disruptive technologies like nanotechnology succumbing to the economic pressure making the industry no longer a safe haven. The reverberating impact of the recession across the nanotechnology value chain is undeniable. Economic and financial hardships imposed by the downturn have tripped up sales of nano-enabled products thus sending knock-on effects up the supply chain to the nanomaterials market.

A mixed bag of blessings and challenges for nanomaterials was largely witnessed with end-use industries like healthcare withstanding the pressure, while application areas in industries like construction and automotive flattened out. Steep declines in construction activity, reduced new housing starts and fall in sales of new automobiles have brought out the construction and automotive industries as the two major causalities of the recession. Decline in demand for nano-enabled products in the automotive industry, such as, nano-enabled automotive lubricants, catalytic converters, sensors and filters, among others, frustrated market opportunities for nanomaterials used in this application area, such as multi-wall carbon nanotubes (MWNTs) and ceramic nanoparticles. Additionally, culling of disruptive product development projects involving nanotechnology by companies battered by financial hardships and reduced budgets for R&D, lengthens the technology adoption cycle, thus impacting demand for nano-materials, such as, ceramic nanomaterials, which are often core for various functional applications.

However, a relatively stronger healthcare end-use market has helped nanomaterials successfully ride out this worst-ever downturn without recording hurting erosions in market value, although the erosion in growth momentum has been unsettling. In the electronics industry, interestingly, the recession induced cost/price sensitivity has resulted in manufacturers, especially in the semiconductor industry, looking at nanomaterials with more than a passing interest, given its potential to reduce manufacturing costs and increase product competitiveness in the marketplace. Another factor fingered to have helped prop up growth patterns despite ailing commercial investments as a result of risk-averse venture capitalists shying away from risky investments, is the government support in funding and promoting nanotechnology projects. Government funding for emerging technologies such as nanotechnology are often set over longer timescales, typically between 3-6 years, thereby making it lesser vulnerable to economic pressures.

With the recession now at its tail's end, growth in nanomaterials market in the medium-to-long term period will be driven by robust demand outlook within healthcare and electronics industry segments and emerging application areas such as military and aerospace, and energy sectors. The demand for nanomaterials in the electronics industry will be primarily driven by the need to enhance speed and performance of semiconductors and electronics. The need to improve safety in military and aerospace applications and the desire to increase efficiency of renewable energy devices will drive increased adoption of nanomaterials in the defense and energy sectors, respectively. In the construction end-use sector, nanomaterials flaunt the potential to make a huge impact, given the massive addressable market and the sheer magnitude of possible applications, such as, its use in manufacturing durable steel, and concrete, dirt repellent, self-cleaning windows, fire-resistant building materials, energy efficient solar panels, among others.

As stated by the new market research report, the US represents the largest regional market. Asia-Pacific is the fastest growing regional market displaying an impressive CAGR of about 30% over the analysis period. The active participation of Government in R&D funding for nanotechnology in countries such as China, South Korea, Taiwan and India is expected to drive growth in the nanomaterials market in Asia-Pacific over the next few years. By product, nanomaterial oxides market represents the largest segment. Carbon Nanotubes market in Western Europe is projected to reach US$43.1 million by the year 2012.

Major players in the marketplace include Advanced Nano Products Co. Limited, Antaria Limited, Apex Nanomaterials, ApNano Materials Inc., Cabot Corporation, Catalytic Materials LLC, Dendritic Nanotechnologies Inc., eSpin Technologies Inc., Hanwha Nanotech Corporation, InMat Inc., Hyperion Catalysis International Inc., Integran Technologies Inc., MicrotechNano Inc., Materials and Electrochemical Research Corporation, Nanoledge, NovaCentrix Corp., Nanophase Technologies Corp., Nyacol Nano Technologies Inc., Oxonica Plc., QuantumSphere Inc., Rosseter Holdings Ltd., Shenzhen Nanotech Port Co. Ltd., Sun Nanotech Company Limited, Unidym Inc. and Xintek Inc.

The research report titled "Nanomaterials: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, challenges, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in (US$) for geographic markets, such as, United States, Japan, Western Europe (France, Germany, UK and Rest of Western Europe), Asia-Pacific (China and Rest of Asia-Pacific) and Rest of World. Product segments analyzed include Oxides, Metals, Nanotubes, Clays and Others. The report also provides market estimates and projections for nanomaterials by end-use sectors, such as, Electronics, Healthcare, and Construction, among others.

For more details about this comprehensive market research report, please visit:

www.strategyr.com/Nanomaterials_Market_Report.asp

####

About Global Industry Analysts
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

For more information, please click here

Contacts:
Telephone 408-528-9966
Fax 408-528-9977
press(at)StrategyR(dot)com

Copyright © Global Industry Analysts

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Molybdenum disulfide holds promise for light absorption: Rice researchers probe light-capturing properties of atomically thin MoS2 May 5th, 2016

Oxford Instruments Asylum Research and McGill University Announce the McGill AFM Summer School and Workshop, May 12-13, 2016 May 4th, 2016

The intermediates in a chemical reaction photographed 'red-handed' Researchers at the UPV/EHU-University of the Basque Country have for the first time succeeded in imaging all the steps in a complex organic reaction and have resolved the mechanisms that explain it May 4th, 2016

New tool allows scientists to visualize 'nanoscale' processes May 4th, 2016

Consulting

Haydale Wins Major Research Grants September 26th, 2015

Silicon Valley-Based Foresight Valuation Launches STR-IPô, a New Initiative for Startups to Discover the Value of Their Intellectual Property December 18th, 2014

California Nanotechnologies Appoints Dr. Enrique Lavernia to the Board August 6th, 2014

Harris & Harris Group Announces the Consulting Engagement of Peter J. Boni as a Senior Advisor February 26th, 2014

Possible Futures

Molybdenum disulfide holds promise for light absorption: Rice researchers probe light-capturing properties of atomically thin MoS2 May 5th, 2016

The intermediates in a chemical reaction photographed 'red-handed' Researchers at the UPV/EHU-University of the Basque Country have for the first time succeeded in imaging all the steps in a complex organic reaction and have resolved the mechanisms that explain it May 4th, 2016

New tool allows scientists to visualize 'nanoscale' processes May 4th, 2016

An Experiment Seeks to Make Quantum Physics Visible to the Naked Eye May 3rd, 2016

Nanotubes/Buckyballs/Fullerenes

Non-animal approach to predict impact of nanomaterials on human lung published Archives of Toxicology publishes workshop recommendations May 2nd, 2016

Clay nanotube-biopolymer composite scaffolds for tissue engineering May 1st, 2016

NREL finds nanotube semiconductors well-suited for PV systems April 27th, 2016

Researchers create artificial protein to control assembly of buckyballs April 27th, 2016

Nanomedicine

The intermediates in a chemical reaction photographed 'red-handed' Researchers at the UPV/EHU-University of the Basque Country have for the first time succeeded in imaging all the steps in a complex organic reaction and have resolved the mechanisms that explain it May 4th, 2016

Nuclear pores captured on film: Using an ultra fast-scanning atomic force microscope, researchers from the University of Basel have filmed 'living' nuclear pore complexes at work for the first time May 3rd, 2016

Little ANTs: Researchers build the world's tiniest engine May 3rd, 2016

Non-animal approach to predict impact of nanomaterials on human lung published Archives of Toxicology publishes workshop recommendations May 2nd, 2016

Sensors

Quantum sensors for high-precision magnetometry of superconductors May 3rd, 2016

Making invisible physics visible: The Jayich Lab has created a new sensor technology that captures nanoscale images with high spatial resolution and sensitivity May 2nd, 2016

Electrically Conductive Graphene Ink Enables Printing of Biosensors April 23rd, 2016

Highlights from the Graphene Flagship April 22nd, 2016

Nanoelectronics

Cooling graphene-based film close to pilot-scale production April 30th, 2016

Exploring phosphorene, a promising new material April 29th, 2016

With simple process, UW-Madison engineers fabricate fastest flexible silicon transistor April 21st, 2016

All powered up: UCI chemists create battery technology with off-the-charts charging capacity April 21st, 2016

Materials/Metamaterials

Clay nanotube-biopolymer composite scaffolds for tissue engineering May 1st, 2016

Exploring phosphorene, a promising new material April 29th, 2016

Hybrid nanoantennas -- next-generation platform for ultradense data recording April 28th, 2016

Atomic magnets using hydrogen and graphene April 27th, 2016

Announcements

Molybdenum disulfide holds promise for light absorption: Rice researchers probe light-capturing properties of atomically thin MoS2 May 5th, 2016

Oxford Instruments Asylum Research and McGill University Announce the McGill AFM Summer School and Workshop, May 12-13, 2016 May 4th, 2016

The intermediates in a chemical reaction photographed 'red-handed' Researchers at the UPV/EHU-University of the Basque Country have for the first time succeeded in imaging all the steps in a complex organic reaction and have resolved the mechanisms that explain it May 4th, 2016

New tool allows scientists to visualize 'nanoscale' processes May 4th, 2016

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Molybdenum disulfide holds promise for light absorption: Rice researchers probe light-capturing properties of atomically thin MoS2 May 5th, 2016

The intermediates in a chemical reaction photographed 'red-handed' Researchers at the UPV/EHU-University of the Basque Country have for the first time succeeded in imaging all the steps in a complex organic reaction and have resolved the mechanisms that explain it May 4th, 2016

New tool allows scientists to visualize 'nanoscale' processes May 4th, 2016

An Experiment Seeks to Make Quantum Physics Visible to the Naked Eye May 3rd, 2016

Military

New tool allows scientists to visualize 'nanoscale' processes May 4th, 2016

Making invisible physics visible: The Jayich Lab has created a new sensor technology that captures nanoscale images with high spatial resolution and sensitivity May 2nd, 2016

Nanograft seeded with 3 cell types promotes blood vessel formation to speed wound healing April 27th, 2016

The light stuff: A brand-new way to produce electron spin currents - Colorado State University physicists are the first to demonstrate using non-polarized light to produce a spin voltage in a metal April 26th, 2016

Environment

Team builds first quantum cascade laser on silicon: Eliminates the need for an external light source for mid-infrared silicon photonic devices or photonic circuits April 21st, 2016

Atomically thin sensor detects harmful air pollution in the home April 18th, 2016

Catalyst could make production of key chemical more eco-friendly April 10th, 2016

Nanoporous material's strange "breathing" behavior April 7th, 2016

Energy

Nanoparticles present sustainable way to grow food crops May 1st, 2016

NREL finds nanotube semiconductors well-suited for PV systems April 27th, 2016

Researchers create artificial protein to control assembly of buckyballs April 27th, 2016

Flipping a chemical switch helps perovskite solar cells beat the heat April 26th, 2016

Automotive/Transportation

New spin Seebeck thermoelectric device with higher conversion efficiency created April 26th, 2016

All powered up: UCI chemists create battery technology with off-the-charts charging capacity April 21st, 2016

Ruthenium nanoframes open the doors to better catalysts April 4th, 2016

Heat and light get larger at the nanoscale: Columbia-led research team first to demonstrate a strong, non-contact heat transfer channel using light with performances that could lead to high efficiency electricity generation April 2nd, 2016

Aerospace/Space

Physicists detect the enigmatic spin momentum of light April 26th, 2016

Team builds first quantum cascade laser on silicon: Eliminates the need for an external light source for mid-infrared silicon photonic devices or photonic circuits April 21st, 2016

All powered up: UCI chemists create battery technology with off-the-charts charging capacity April 21st, 2016

Acclaimed Science Fiction Author Dr. Jerry Pournelle Wins the National Space Society Robert A. Heinlein Award April 13th, 2016

Nanobiotechnology

The intermediates in a chemical reaction photographed 'red-handed' Researchers at the UPV/EHU-University of the Basque Country have for the first time succeeded in imaging all the steps in a complex organic reaction and have resolved the mechanisms that explain it May 4th, 2016

Nuclear pores captured on film: Using an ultra fast-scanning atomic force microscope, researchers from the University of Basel have filmed 'living' nuclear pore complexes at work for the first time May 3rd, 2016

Little ANTs: Researchers build the world's tiniest engine May 3rd, 2016

New drug-delivery approach holds potential for treating obesity May 2nd, 2016

Solar/Photovoltaic

NREL finds nanotube semiconductors well-suited for PV systems April 27th, 2016

Flipping a chemical switch helps perovskite solar cells beat the heat April 26th, 2016

Manipulating light inside opaque layers April 24th, 2016

Thin-film solar cells: How defects appear and disappear in CIGSe cells: Concentration of copper plays a crucial role April 23rd, 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