Nanotechnology - Global Industrial

Scenario
By Sahil Mutneja and Abhishek Kumar
Gupta

Introduction

Nanotechnology is defined as the application of scientific knowledge to

manipulate and control matter at the nanoscale level to make use of size
and structure dependent properties and phenomena distinct from those
associated with individual atoms or molecules or with bulk materials.
The Nano scale is the size range from approximately 1nm to 100nm.
Nanotechnology exhibits a strong degree of convergence with many other
disciplines, such as the information and communications technologies
(ICT) industry.
Nanoparticles, nanotubes, nanocomposites and nanoclays are some of the
technologies that are being used extensively.
Nanotechnology may be able to create many new materials and devices
with a vast range of applications, such as in medicine, electronics,
biomaterials energy production, and consumer products.

Nanotechnology Global Market Overview

The global market for nanotechnology was valued at nearly $20.1 billion in
2011 and should reach $20.7 billion in 2012. Total sales are expected to reach
$48.9 billion in 2017 after increasing at a five-year compound annual growth
rate (CAGR) of 18.7%.

Nanotechnology Global Market Overview

*CAGR = Compound Annual Growth Rate

Nanotechnology Global Market Overview

According to findings from various sources, at the regional level, the AsiaPacific region will experience the fastest growth in the market for
nanotechnology enabled goods, with CAGR pegged at around 52% in the
forecast period, followed by Europe.
The recent moves by the emerging markets such as India, China and Russia in
the field of nanotechnology research and development will continue to the most
prominent factors behind the growth in these countries.
This growth will largely be driven by massive investment in nanotechnology
Research and Developments by both governments and corporates across the
world.
Global Market for Nanotechnology to Reach $3.3 Trillion by 2018

Nanotechnology Industry Trends

Nanotechnology Analysis

Nanotechnology Applications

Summary

Nanotechnology will need a certain number of years still in linear growth

mode before it really has impact and many people may not realise it is
accelerating.
Nanotechnology is still mainly in the academic sphere because there is too
much insofar as risk/benefits. The technology is too far from real world
applications considering particularly the costs of a large scale human
medical trial we would have to pay for.
Nanotechnology will accelerate scientific research, and create a whole new
set of tools for investigating cellular processes. The outcome of this
knowledge will translate directly.
Nanotechnology and nanomaterials will be subject to complex legislation
largely due to potential toxicity of the materials. This also keeps investment
back a bit, as they wait to have a success story to ride.