Nanotechnology: A Realistic Market Assessment
Report Highlights
- Total worldwide sales revenues for nanotechnology were $11,671.3 million in 2009, and are expected to increase to more than $26000 Million in 2015, a compound annual growth rate (CAGR) of 11.1%.
- The largest nanotechnology segments in 2009 were Nanomaterials. All Nanomaterials will increase from $9,027.2 million in 2009 to nearly $19,621.7 million in 2015, a compound annual growth rate (CAGR) of 14.7%.
- Sales of Nanotools will experience high growth. This market segment was worth $2,613.1 million in 2009 and will increase at a 3.3% compound annual growth rate (CAGR) to reach a value of $6,812.5 million in 2015.
- Sales of Nanodevices will experience moderate growth. This market segment was worth $31 million in 2009 and will increase at a 45.9% compound annual growth rate (CAGR) to reach a value of $233.7 million in 2015.
INTRODUCTION
- Executive summary
- Definitions
- Milestones in the development of nanotechnology
- Current and potential nanotechnology applications
- Applications and end users with the greatest commercial potential through 2015
- Global nanotechnology market trends, 2009 through 2015
- Factors that will influence the long-term development of nanotechnology
- Market shares and industry structure.
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Frequently Asked Questions (FAQs)
Report Highlights
- The global market for nanotechnology will increase from $11.6 billion in 2007 to an estimated $12.7 million by the end of 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.
Report Highlights
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BCC estimated global market for nanotechnology products at nearly $9.4 billion in 2005 and over $10.5 billion in 2006, growing to about $25.2 billion by 2011 (an AAGR of 19.1% between 2006 and 2011). This figure includes established commercial nanomaterials applications, such as carbon black filler for inkjet inks, nanocatalyst thin films for catalytic converters, and new technologies such as nanoparticulate fabric treatments, rocket fuel additives, nanolithographic tools, and nanoscale electronic memory.
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Nanomaterials, particularly nanoparticles and nanocomposites, dominated the nanotechnology market in 2005, accounting for over 86% of the market. Nanotools accounted for 10% of the market, and nanodevices the remaining 4%. Nanotools, which include the nanolithographic tools used to produce the next generation of semiconductors , are projected to grow at a much faster rate than either nanomaterials or nanodevices, and as a result their market share should increase to 30% by 2011.
Report Highlights
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The total global demand for nanoscale materials, tools and devices was estimated at nearly $7.5 billion in 2003 and is expected to reach $28.7 billion in 2008, at an AAGR (average annual growth rate) of 30.6%.
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The nanomaterials segment, with some long-established markets, presently accounts for more than 97% of sales. By 2008, this share will have shrunk to 74.7%.
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The fastest-growing nanomaterials are nanotubes (with an expected AAGR of 173%) and nanocomposites (76% AAGR).
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Nanotools will increase their market share to 4.3% in 2008 and nanodevices will have established a major presence with a 21% share.