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

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Meteorite impact on a nano scale August 29th, 2016

Designing ultrasound tools with Lego-like proteins August 29th, 2016

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

Consulting

Lucintel identifies and prioritizes opportunities for alumina trihydrate (ATH) fillers in the global composites industry August 3rd, 2016

Haydale Wins Major Research Grants September 26th, 2015

Silicon Valley-Based Foresight Valuation Launches STR-IP™, 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

Possible Futures

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Designing ultrasound tools with Lego-like proteins August 29th, 2016

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Nanotubes/Buckyballs/Fullerenes

Tunneling nanotubes between neurons enable the spread of Parkinson's disease via lysosomes August 24th, 2016

McMaster researchers resolve a problem that has been holding back a technological revolution August 18th, 2016

'Second skin' protects soldiers from biological and chemical agents August 5th, 2016

Carbon nanotube 'stitches' make stronger, lighter composites: Method to reinforce these materials could help make airplane frames lighter, more damage-resistant August 4th, 2016

Nanomedicine

Designing ultrasound tools with Lego-like proteins August 29th, 2016

Nanofiber scaffolds demonstrate new features in the behavior of stem and cancer cells August 25th, 2016

Johns Hopkins scientists track metabolic pathways to find drug combination for pancreatic cancer August 25th, 2016

50 years after the release of the film 'Fantastic Voyage,' science upstages fiction: Science upstages fiction with nanorobotic agents designed to travel in the human body to treat cancer August 25th, 2016

Sensors

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Down to the wire: ONR researchers and new bacteria August 18th, 2016

'Sniffer plasmons' could detect explosives: Scientists have proposed a graphene-based spaser that can detect even small amounts of various substances, including explosives August 16th, 2016

Perpetual 'ice water': Stable solid-liquid state revealed in nanoparticles: Gallium nanoparticles that are both solid and liquid are stable over a range of 1000 degrees Fahrenheit August 5th, 2016

Nanoelectronics

Light and matter merge in quantum coupling: Rice University physicists probe photon-electron interactions in vacuum cavity experiments August 24th, 2016

New microchip demonstrates efficiency and scalable design: Increased power and slashed energy consumption for data centers August 24th, 2016

Down to the wire: ONR researchers and new bacteria August 18th, 2016

Smarter self-assembly opens new pathways for nanotechnology: Brookhaven Lab scientists discover a way to create billionth-of-a-meter structures that snap together in complex patterns with unprecedented efficiency August 9th, 2016

Materials/Metamaterials

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

Unraveling the crystal structure of a -70° Celsius superconductor, a world first: Significant advancement in the realization of room-temperature superconductors August 25th, 2016

Semblant to Present at China Mobile Manufacturing Forum 2016 August 25th, 2016

Announcements

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Meteorite impact on a nano scale August 29th, 2016

Designing ultrasound tools with Lego-like proteins August 29th, 2016

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

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

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Meteorite impact on a nano scale August 29th, 2016

Designing ultrasound tools with Lego-like proteins August 29th, 2016

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

Military

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Nanoparticles that speed blood clotting may someday save lives August 23rd, 2016

Curbing the life-long effects of traumatic brain injury August 19th, 2016

Lab team spins ginger into nanoparticles to heal inflammatory bowel disease August 19th, 2016

Environment

Nanofur for oil spill cleanup: Materials researchers learn from aquatic ferns: Hairy plant leaves are highly oil-absorbing / publication in bioinspiration & biomimetics / video on absorption capacity August 25th, 2016

Researchers watch catalysts at work August 19th, 2016

Down to the wire: ONR researchers and new bacteria August 18th, 2016

SLAC, Stanford gadget grabs more solar energy to disinfect water faster: Plopped into water, a tiny device triggers the formation of chemicals that kill microbes in minutes August 15th, 2016

Energy

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Researchers reduce expensive noble metals for fuel cell reactions August 22nd, 2016

Automotive/Transportation

Researchers reduce expensive noble metals for fuel cell reactions August 22nd, 2016

Researchers watch catalysts at work August 19th, 2016

Stanford-led team reveals nanoscale secrets of rechargeable batteries August 8th, 2016

New X-Ray microscopy technique images nanoscale workings of rechargeable batteries: Method developed at Berkeley Lab's Advanced Light Source could help researchers improve battery performance August 7th, 2016

Aerospace/Space

Meteorite impact on a nano scale August 29th, 2016

University of Puerto Rico and NASA back in the news – XEI reports August 23rd, 2016

To Infinity and Beyond with Nanosatellites August 10th, 2016

Carbon nanotube 'stitches' make stronger, lighter composites: Method to reinforce these materials could help make airplane frames lighter, more damage-resistant August 4th, 2016

Nanobiotechnology

Designing ultrasound tools with Lego-like proteins August 29th, 2016

Analog DNA circuit does math in a test tube: DNA computers could one day be programmed to diagnose and treat disease August 25th, 2016

Nanofiber scaffolds demonstrate new features in the behavior of stem and cancer cells August 25th, 2016

Johns Hopkins scientists track metabolic pathways to find drug combination for pancreatic cancer August 25th, 2016

Solar/Photovoltaic

Let's roll: Material for polymer solar cells may lend itself to large-area processing: 'Sweet spot' for mass-producing polymer solar cells may be far larger than dictated by the conventional wisdom August 12th, 2016

NREL technique leads to improved perovskite solar cells August 11th, 2016

Making a solar energy conversion breakthrough with help from a ferroelectrics pioneer: Philadelphia-based team shows how a ferroelectric insulator can surpass shockley-queisser limit August 9th, 2016

Tiny high-performance solar cells turn power generation sideways August 5th, 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