Abstract
Nanomaterials increasing market presence worldwide
While the US will remain the largest market for these materials, nanomaterials
will also register remarkable growth in such segments as the large
pharmaceuticals industry in Western Europe and the expanding Asian electronics
industry. Large international chemical companies such as BASF and Bayer have
dedicated substantial portions of their research and development budgets to
nanotechnology, and have created business functions related to nanomaterials.
In Japan, South Korea, Taiwan and China, electronics firms have begun to
develop components and other electronic equipment enhanced by such features as
carbon nanotubebased backlighting units and organic light-emitting diodes
(OLEDs) for electronic displays.
Eventually, nanomaterials are likely to affect nearly every industry in every
region in the world, including the least developed regions. In fact, there is
considerable optimism that nanomaterials will be instrumental in addressing
some of the developing world' s most pressing concerns, such as improving
access to safe water supplies in such areas as Africa and the Middle East,
enhancing agricultural efficiency, improving the performance of drugs and
creating inexpensive building materials that perform better than traditional
materials.
Nanoscale materials have begun to find use in a number of applications,
including sunscreens and other personal care products, textile treatments,
polymer composites for motor vehicle parts, performance additives for paints
and coatings, and chemical mechanical polishing (CMP) slurries and other
electronics applications. Thanks to rapid advances and significant commitment
to research and development by government agencies, universities and
corporations, nanomaterials are expected to increase their market presence
quickly.
Study coverage
It presents historical demand data for 2001 and 2006 and forecasts for 2011,
2016 and 2025 by type, market, world region and for 15 key countries. The
study also considers market environment factors and profiles industry
participants.
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