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

Proving nanoparticles in sunscreen products August 4th, 2015

Global Carbon Nanotubes Industry 2015: Acute Market Reports August 4th, 2015

Nanoparticles Give Antibacterial Properties to Machine-Woven Carpets August 4th, 2015

Diagnosis of Salmonella Bacterium-Caused Food Poisoning by Biosensors August 3rd, 2015

Consulting

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

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

NEI Corporation Introduces Prototyping Service for Electrospinning of Fibers January 23rd, 2014

Possible Futures

Global Carbon Nanotubes Industry 2015: Acute Market Reports August 4th, 2015

Nanozirconia Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Self-Healing Nano Anti-rust Coatings Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Nano Spray Instrument Market 2015 - Global Industry Survey, Analysis, Size, Share, Outlook and Forecast to 2020 July 31st, 2015

Nanotubes/Buckyballs/Fullerenes

Global Carbon Nanotubes Industry 2015: Acute Market Reports August 4th, 2015

Better together: Graphene-nanotube hybrid switches August 3rd, 2015

Self-assembling, biomimetic membranes may aid water filtration August 1st, 2015

Controlling Dynamic Behavior of Carbon Nanosheets in Structures Made Possible July 30th, 2015

Nanomedicine

Nanoparticles used to breach mucus barrier in lungs: Proof-of-concept study conducted in mice a key step toward better treatments for lung diseases August 3rd, 2015

Promising Step Taken in Iran towards Treatment of Spinal Cord Injury August 3rd, 2015

Diagnosis of Salmonella Bacterium-Caused Food Poisoning by Biosensors August 3rd, 2015

Gold-diamond nanodevice for hyperlocalised cancer therapy: Gold nanorods can be used as remote controlled nanoheaters delivering the right amount of thermal treatment to cancer cells, thanks to diamond nanocrystals used as temperature sensors August 1st, 2015

Sensors

Quantum states in a nano-object manipulated using a mechanical system August 3rd, 2015

Diagnosis of Salmonella Bacterium-Caused Food Poisoning by Biosensors August 3rd, 2015

Gold-diamond nanodevice for hyperlocalised cancer therapy: Gold nanorods can be used as remote controlled nanoheaters delivering the right amount of thermal treatment to cancer cells, thanks to diamond nanocrystals used as temperature sensors August 1st, 2015

Advances and Applications in Biosensing, Sensor Power, and Sensor R&D to be Covered at Sensors Global Summit August 1st, 2015

Nanoelectronics

Small tilt in magnets makes them viable memory chips August 3rd, 2015

Better together: Graphene-nanotube hybrid switches August 3rd, 2015

MIPT researchers clear the way for fast plasmonic chips August 3rd, 2015

Superfast fluorescence sets new speed record: Plasmonic device has speed and efficiency to serve optical computers July 27th, 2015

Materials/Metamaterials

Thin films offer promise for ferroelectric devices: Researchers at Tokyo Institute of Technology demystify the ferroelectric properties observed in hafnium-oxide-based thin films, revealing a potentially useful device material August 3rd, 2015

Shaping the hilly landscapes of a semi-conductor nanoworld August 1st, 2015

Self-assembling, biomimetic membranes may aid water filtration August 1st, 2015

Transparent, electrically conductive network of encapsulated silver nanowires: A novel electrode for optoelectronics August 1st, 2015

Announcements

Proving nanoparticles in sunscreen products August 4th, 2015

Global Carbon Nanotubes Industry 2015: Acute Market Reports August 4th, 2015

Nanoparticles Give Antibacterial Properties to Machine-Woven Carpets August 4th, 2015

Diagnosis of Salmonella Bacterium-Caused Food Poisoning by Biosensors August 3rd, 2015

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

Global Carbon Nanotubes Industry 2015: Acute Market Reports August 4th, 2015

Nanoparticles Give Antibacterial Properties to Machine-Woven Carpets August 4th, 2015

MIPT researchers clear the way for fast plasmonic chips August 3rd, 2015

Quantum states in a nano-object manipulated using a mechanical system August 3rd, 2015

Military

Self-assembling, biomimetic membranes may aid water filtration August 1st, 2015

Take a trip through the brain July 30th, 2015

Sol-gel capacitor dielectric offers record-high energy storage July 30th, 2015

Reshaping the solar spectrum to turn light to electricity: UC Riverside researchers find a way to use the infrared region of the sun's spectrum to make solar cells more efficient July 27th, 2015

Environment

March 2016; 6th Int'l Conference on Nanostructures in Iran July 29th, 2015

Laboratorial Performance of Nanocomposite Membrane Improved in Water Purification July 28th, 2015

Nanosorbents Reduce Amount of Heavy Metals in Petrochemical Wastewater July 23rd, 2015

Nanopaper as an optical sensing platform July 23rd, 2015

Energy

Transparent, electrically conductive network of encapsulated silver nanowires: A novel electrode for optoelectronics August 1st, 2015

Springer and Tsinghua University Press present the second Nano Research Award: Paul Alivisatos of the University of California Berkeley receives the honor for outstanding contributions in nanoscience July 30th, 2015

Controlling Dynamic Behavior of Carbon Nanosheets in Structures Made Possible July 30th, 2015

March 2016; 6th Int'l Conference on Nanostructures in Iran July 29th, 2015

Automotive/Transportation

Sol-gel capacitor dielectric offers record-high energy storage July 30th, 2015

Controlling Dynamic Behavior of Carbon Nanosheets in Structures Made Possible July 30th, 2015

Ultra-thin hollow nanocages could reduce platinum use in fuel cell electrodes July 24th, 2015

Researchers boost wireless power transfer with magnetic field enhancement July 23rd, 2015

Aerospace/Space

University of Puerto Rico announces August 11th as the launch date for their NASA mission to look for life in space – XEI reports August 3rd, 2015

The National Space Society Pays Tribute to Dr. Kalam -- One Of Our Leading Lights Has Joined The Stars August 1st, 2015

Controlling Dynamic Behavior of Carbon Nanosheets in Structures Made Possible July 30th, 2015

UT Dallas nanotechnology research leads to super-elastic conducting fibers July 24th, 2015

Nanobiotechnology

Heating and cooling with light leads to ultrafast DNA diagnostics July 31st, 2015

European Technology Platform for Nanomedicine and ENATRANS European Consortium Launch the 2nd edition of the Nanomedicine Award: The Award to be presented at BIO-Europe conference in Munich, November 2015 July 30th, 2015

New computer model could explain how simple molecules took first step toward life: Two Brookhaven researchers developed theoretical model to explain the origins of self-replicating molecules July 28th, 2015

Spintronics: Molecules stabilizing magnetism: Organic molecules fixing the magnetic orientation of a cobalt surface/ building block for a compact and low-cost storage technology/ publication in Nature Materials July 25th, 2015

Solar/Photovoltaic

Transparent, electrically conductive network of encapsulated silver nanowires: A novel electrode for optoelectronics August 1st, 2015

Springer and Tsinghua University Press present the second Nano Research Award: Paul Alivisatos of the University of California Berkeley receives the honor for outstanding contributions in nanoscience July 30th, 2015

Reshaping the solar spectrum to turn light to electricity: UC Riverside researchers find a way to use the infrared region of the sun's spectrum to make solar cells more efficient July 27th, 2015

Rice University finding could lead to cheap, efficient metal-based solar cells: Plasmonics study suggests how to maximize production of 'hot electrons' July 22nd, 2015

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