By Will Soutter
Market research solutions provider, Research and Markets, has published a new report titled, "Nanotechnology Market in India 2012 – Update.” Nanotechnology refers to that realm of nanoscience that deals with not only applications of nanoscience but also includes the engineering involved in the modification and manipulation of materials at the nano level to obtain the desired structure.
In India, the field of nanotechnology is considered to be still in the developing stage. A steady increase in awareness and substantial efforts in research and development focused on nanotechnology appear to enhance the future prospects of nanotechnology on India. The applications that could be conceived by employing nanotechnology are unlimited. The engineering carried out at molecular level of materials would not only yield superior properties but also has the potential to generate new materials.
The report from Research and Markets provides an overview of the nanotechnology market and follows it up with details of the value chain. The report presents the details of the global market for nanotechnology which includes size of the market from the period 2011, market forecasts up to 2015 and envisaged growth. The section on the global market also comprises information on the position of nanotechnology in the major continents as well as in various countries. The most commonly used materials in nanotechnology are listed.
The report also presents the application trend for nanomaterials. The global market analysis is followed by the Indian nanotechnology market analysis. This section focuses on the growth in funding offered for nanotechnology in India from 2011 and expected funding up to 2015. The section highlights the leading Indian companies engaged in nanotechnology, the currently ongoing research in this field and the various Indian entities that employ nanomaterials. The drivers of nanotechnology in India and the challenges the industry faces are also provided in the report.