Nanotechnology Now

Our NanoNews Digest Sponsors







Heifer International

Wikipedia Affiliate Button


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

How do cold ions slide May 24th, 2013

Heinrich Rohrer dies at 79; a father of nanotechnology: With IBM colleague Gerd Binnig, Rohrer invented the scanning tunneling microscope, which can show individual atoms on a surface and move them around May 23rd, 2013

Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013

Glowing Plant Releases Maker Kit, Enabling Anyone to Make a Glowing Plant at Home: Glowing Plant seeks funds via crowdfunding and raises almost $400,000 May 23rd, 2013

Consulting

Production of Geopolymers Strengthened by Silicon, Alumina Nanoparticles February 12th, 2013

‘Optical Microscopy over the Web’. NanoScope Services has extended it’s unique LiveFIBTM focused ion beam web conferencing capability, with high resolution Optical Microscopy January 31st, 2013

MedCap Advisors Names Edward Ahn Managing Director and Chief Science Officer September 8th, 2012

Del Stark becomes new Director of NanoPRO and launches new Nanotechnology Business Club and Innovation Forum February 20th, 2012

Possible Futures

Lifeboat publishes its first book: The Lifeboat Foundation has published its first book, "The Human Race to the Future: What Could Happen -- and What to Do" May 14th, 2013

UC Santa Barbara History Professor's Book Elucidates, Celebrates ‘Visioneers' May 14th, 2013

Conceptual Nanomedical Lipofuscin Removal Strategy April 29th, 2013

The Global Desalination Market 2013-2023 April 24th, 2013

Nanotubes/Buckyballs

UC Riverside scientists discovering new uses for tiny carbon nanotubes: Adding ionic liquid to nanotube films could build smaller gadgets, and create more cost effective 'Smart Windows' that darken in bright sun May 15th, 2013

Development know-how is made available to collaboration partners: Bayer MaterialScience brings nano projects to a close May 8th, 2013

Next-generation transistor outperforms other carbon-based designs May 7th, 2013

Ubiquitous engineered nanomaterials cause lung inflammation, study finds: Substances are used in everything from paint to sporting equipment May 6th, 2013

Nanomedicine

UofL scientists uncover how grapefruits provide a secret weapon in medical drug delivery May 22nd, 2013

Single-Cell Transfection Tool Enables Added Control for Biological Studies: McCormick researchers develop method of delivering molecules into targeted cells May 22nd, 2013

How Gold Nanoparticles Can Help Fight Ovarian Cancer May 21st, 2013

MU Researchers Develop Radioactive Nanoparticles that Target Cancer Cells: This is an early step toward developing therapies for metastasized cancers, MU scientist says May 21st, 2013

Sensors

IDTechEx launches online Market Intelligence Portal May 23rd, 2013

Innovation could bring flexible solar cells, transistors, displays May 22nd, 2013

New Nanopore Sensor Simplifies Analysis of Methylated DNA May 20th, 2013

Imec and Renesas collaborate on ultra-low power short range radios: Collaboration will develop robust wireless solutions for future electronics May 16th, 2013

Nanoelectronics

Imec and Renesas collaborate on ultra-low power short range radios: Collaboration will develop robust wireless solutions for future electronics May 16th, 2013

Piezoelectric 'taxel' arrays convert motion to electronic signals for tactile imaging April 25th, 2013

Battery and Memory Device in One April 25th, 2013

Secret of the Crystal's Corners: New Nanowire Structure Has Potential to Increase Semiconductor Applications: University of Cincinnati research describes discovery of a new structure that is a fundamental game changer in the physics of semiconductor nanowires April 23rd, 2013

Materials

Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013

IDTechEx launches online Market Intelligence Portal May 23rd, 2013

Weird science: Crystals melt when they're cooled May 22nd, 2013

INSCX™ exchange announces substantial increase in capital designated to provide Trade Finance for registered Nanomaterial Producers May 21st, 2013

Announcements

How do cold ions slide May 24th, 2013

Heinrich Rohrer dies at 79; a father of nanotechnology: With IBM colleague Gerd Binnig, Rohrer invented the scanning tunneling microscope, which can show individual atoms on a surface and move them around May 23rd, 2013

Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013

Glowing Plant Releases Maker Kit, Enabling Anyone to Make a Glowing Plant at Home: Glowing Plant seeks funds via crowdfunding and raises almost $400,000 May 23rd, 2013

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

Heinrich Rohrer dies at 79; a father of nanotechnology: With IBM colleague Gerd Binnig, Rohrer invented the scanning tunneling microscope, which can show individual atoms on a surface and move them around May 23rd, 2013

IDTechEx launches online Market Intelligence Portal May 23rd, 2013

Whirlpools on the Nanoscale Could Multiply Magnetic Memory: At the Advanced Light Source, Berkeley Lab scientists join an international team to control spin orientation in magnetic nanodisks May 22nd, 2013

UofL scientists uncover how grapefruits provide a secret weapon in medical drug delivery May 22nd, 2013

Military

MU Researchers Develop Radioactive Nanoparticles that Target Cancer Cells: This is an early step toward developing therapies for metastasized cancers, MU scientist says May 21st, 2013

Using clay to grow bone: Researchers use synthetic silicate to stimulate stem cells into bone cells May 15th, 2013

Flawed Diamonds Promise Sensory Perfection: Berkeley Lab researchers and their colleagues extend electron spin in diamond for incredibly tiny magnetic detectors May 10th, 2013

Researcher Construct Invisibility Cloak for Thermal Flow: Copper-Silicon Plate Deflects Heat / Optical Process Transferred to Thermodynamics / Basis for Future Heat Management in Microchips and Components May 8th, 2013

Environment

Conference Scheduled June 5-7 on Safe Use of Nanotechnology in Environmental Remediation May 23rd, 2013

Bacterial spare parts filter antibiotic residue from groundwater May 22nd, 2013

NIA Public Briefing: Nanotechnology and the Council of Europe May 17th, 2013

Nanoadsorbent Synthesized to Remove Toxic Dyes from Textile Industry Wastewater May 16th, 2013

Energy

IDTechEx launches online Market Intelligence Portal May 23rd, 2013

Innovation could bring flexible solar cells, transistors, displays May 22nd, 2013

Researchers Stitch Defects into the World’s Thinnest Semiconductor May 22nd, 2013

Atomic-Scale Investigations Solve Key Puzzle of LED Efficiency: MIT and Brookhaven Lab scientists use electron microscopy imaging techniques to settle a solid-state controversy and raise new experimental possibilities May 22nd, 2013

Automotive/Transportation

Researchers Stitch Defects into the World’s Thinnest Semiconductor May 22nd, 2013

Imec and Renesas collaborate on ultra-low power short range radios: Collaboration will develop robust wireless solutions for future electronics May 16th, 2013

Physicists discover a new kind of friction: Friction in the nano-world May 16th, 2013

Michigan Tech Scientist's Discovery Could Lead to a Better Capacitor April 16th, 2013

Aerospace/Space

Moth-Inspired Nanostructures Take the Color Out of Thin Films May 17th, 2013

Lifeboat publishes its first book: The Lifeboat Foundation has published its first book, "The Human Race to the Future: What Could Happen -- and What to Do" May 14th, 2013

UC Santa Barbara History Professor's Book Elucidates, Celebrates ‘Visioneers' May 14th, 2013

Over 20 Exhibitors To Present At International Space Development Conference May 13th, 2013

Nanobiotechnology

Bacterial spare parts filter antibiotic residue from groundwater May 22nd, 2013

Single-Cell Transfection Tool Enables Added Control for Biological Studies: McCormick researchers develop method of delivering molecules into targeted cells May 22nd, 2013

Researchers Perform Fastest Measurements Ever Made of Ion Channel Proteins May 20th, 2013

Artificial Forest for Solar Water-Splitting: Berkeley Lab Researchers Report First Fully Integrated Artificial Photosynthesis Nanosystem May 17th, 2013

Solar/Photovoltaic

IDTechEx launches online Market Intelligence Portal May 23rd, 2013

Innovation could bring flexible solar cells, transistors, displays May 22nd, 2013

Researchers Stitch Defects into the World’s Thinnest Semiconductor May 22nd, 2013

Atomic-Scale Investigations Solve Key Puzzle of LED Efficiency: MIT and Brookhaven Lab scientists use electron microscopy imaging techniques to settle a solid-state controversy and raise new experimental possibilities May 22nd, 2013

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








abbigliamento uomo
Computer Accessories
© Copyright 1999-2013 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE