Reportlinker.com announces that a new market research report is available in its catalogue: 2010 Nanotechnology Research Review.
Smaller, faster, better, has been the clarion call for this branch of science that was born complete with its own policy initiative. In 2010 researchers were exploring less, and applying more, which translated into self fueling circles where one enabling technology begat another, and eventually produced a new buzzword not widely mouthed before 2010, that of the fabulous "graphene" (a material so wonderful a sheet of graphene as thick as a piece of cellophane would support the weight of a car, probably 10 cars, if those cars were also made out of graphene).
Steadily, quietly, behind the scenes, new products reached FDA clearance, and green technologies became more effective and efficient thanks to the transformative hand of nano scale approaches, and nano scale perspectives. Various catalysts and thin films too numerous to mention began to step out of the shadows of the R&D labs, and onto our television screens, while drug delivery molecules continued to remain silent, secretive and speculative.
Nanotechnology continues to go from strength to strength, though more quietly and assuredly than before.
This Nanotechnology Research Review provides a sampling of the type of quantitative market information, analysis and guidance that has been aiding business decision making since BCC was founded in 1971. It includes highlights from the following reports published in 2010:
Nanotechnology In Medical Applications: The Global Market
Nanocomposites, Nanoparticles, Nanoclays, And Nanotubes
Carbon Nanotubes: Technologies And Global Markets
Nanotechnology: A Realistic Market Assessment
Nanofibers: Technologies And Developing Markets
Nanotechnology In Paper Manufacturing: Global Markets
The global market for carbon nanotube grades—comprising commodity (MWNTs) and specialty single- walled carbon nanotubes (SWNTs), few-walled carbon nanotubes (FWNTs)—generated an estimated $100 million in revenues in 2009. This market is projected to grow over the next 5 years at a compound annual growth rate (CAGR) of 58.9%, reaching more than $1 billion by 2014. The CNT commodity grade will provide by far the biggest technology push driven especially by polymer composites.
BCC estimates the global market for nanotechnology products at about $15.7 billion in 2010, growing to approximately $26.7 billion by 2015, a compound annual growth rate (CAGR) of 11.1% from 2010 through 2015. This figure includes well-established commercial nanomaterials applications, such as nanoparticle-based sunscreen products and nanocatalyst thin films for catalytic converters, as well as new technologies, such as nano-thin film solar cells, nanolithographic tools, and nanoscale electronic memory.
Sales of nanofiber-based products are projected to continue growing at a very healthy rate during the next 5 years, driven by further penetration of nanofibers in the above sectors and by various newer, high-tech applications that are entering mainstream commercialization in other fields such as the consumer and medical/biological/ pharmaceutical sectors. The total market for nanofiber products is forecast to grow at a compound annual growth rate (CAGR) of 34.3% through 2015, and at a 37.2% CAGR from 2015 through 2020, reaching nearly $2.2 billion in total revenues by 2020.