The global market for nanotechnology increased from $11.6 billion in 2007 to $12.7 billion in 2008. It should reach $27 billion in 2013, a compound annual growth rate (CAGR) of 16.3%.
Nanomaterials dominated the market in 2007, accounting for 87% of the total market. This is expected to decrease to 69.2% by 2013.
Electronics, biomedical and consumer applications have high projected growth rates of 30.3%, 56.2% and 45.9% over the next 5 years.
The scope of this report is broad and includes:
An in-depth assessment of the investment patterns in the global nanotechnology industry
Emerging technologies within the nanotech field
Descriptions of the most active organizations within the industry and applications achievable within the next 5 years
Recent commercial developments shaping activity within the industry
Overviews of all editions of Nanoparticle News published in 2008.
Nanoparticles deal with matter on the atomic and/or molecular scale that is generally 100 nanometers or smaller. About three to six atoms can fit inside a nanometer, depending on the particular atom. Thus the scale of manipulation is very small, complex and may deal with atomic specifications. Nanotechnology can be considered as the art of molecular manufacturing, and to accomplish that one needs nanoparticles. Nanotechnology is of value as an enabling technology for various existing sciences, including but not limited to physics, materials science, chemistry and most engineering disciplines. This BCC Research report offers a comprehensive picture of trends in the global nanotechnology industry by reviewing the advancements in the field during 2008. The topics covered in this review are taken from BCC Research’s bi-monthly newsletter Nanoparticle News. Summarized are nanotechnology products and their development, the processing characterization of nanostructures, and applications for electronics, biotechnology, drug delivery, energy and the environment. The nanotechnology market is examined by geographic region, and the structure of the industry is examined in detail. It reviews business activity among the growing nanotechnology community in the form of strategic partnerships, mergers, acquisitions and spin-offs that have helped strengthen the industry.
NAN031C —Nanotechnology: A Realistic Market Assessment