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Global Market for Nanotechnology to Reach $3.3 Trillion by 2018
By: PR Newswire
Dec. 3, 2012 06:08 PM
FARMINGTON, Conn., Dec. 3, 2012 /PRNewswire-iReach/ -- As a technology capable of bringing closer to reality futuristic visions of intelligent device capabilities and technology-embedded environments, Nanotechnology is poised to reign supreme in diverse industries ranging from manufacturing, military, space exploration, electronics, entertainment to healthcare. The technology has already touched and improved virtually every area of modern life. From construction, consumer goods to transportation, incremental improvements in nanoscale capabilities have brightened the functionalities of materials and devices in general.
Global Information Inc (GII) highlights two significant reports on the global nanotechnology and carbon nanotubes markets from our premium market research partner Global Industry Analysts, Inc.
The global market for nanotechnology based products is projected to reach $3.3 trillion by 2018. Increasing production of nanomaterials, and rapid commercialization of nanotechnologies-enabled products are expected to drive robust opportunities for nanotechnology industry in the upcoming years. The significant drop in prices of a broad gamut of nanotechnology based products and materials such as nanoclays and silver-based nano-additives among others will especially help broaden their applications in wide spectrum of industries, thus boosting the market. Today, silver-based nano-additives find increased use in food, clothing and white goods applications. Growing penetration of nanotechnology based products in relatively niche application markets such as cosmetics, sporting goods, textiles, and environment protection also augurs well for the future of this market. Growing number of production facilities, and increasing collaboration among research institutes, universities and private sector players are also helping drive advancements in the industry. Most of the nanotechnology based products are gradually progressing from research laboratories to manufacturing process, which bodes well for the market.
Key players profiled in the report include Advanced Diamond Technologies, Inc., Advanced Nano Products Co., Limited, Altair Nanotechnologies Inc., Arrowhead Research Corporation, Bruker Corporation, Catalytic Materials, LLC, Chemat Technology Inc., eSpin Technologies, Inc., Elitech Group, Genefluidics, Inc., Hanwha Nanotech Corporation, Hybrid Plastics, Hyperion Catalysis International, Inc., Integran Technologies, Inc., Intrinsiq Materials Limited (IML), Life Technologies Corportation, Luxtera, Inc., NANOCYL S.A., NanoGram Corporation, Nanoledge, Nano Materials Ltd., Nanosys, Inc., QuantumSphere, Inc., Raymor Industries, Inc., Rogue Valley Microdevices, Inc., Shenzhen Nanotech Port Co., Ltd., SouthWest NanoTechnologies, Inc., Starpharma Holdings, Teledyne Scientific & Imaging, LLC, and Unidym, Inc., among others.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go138620-nanotechnology.html
Widely touted as the miracle material of the modern 21st century and rightly so given its remarkable and incredible electronic, thermal, and structural properties, carbon nanotubes have and will continue to remain key building blocks of technological revolution in the future. The global market for carbon nanotubes is projected to reach $1.49 billion by the year 2018. Asia-Pacific represents the largest and fastest growing market worldwide. SWCNTs are forecast to witness rapid compounded growth of approximately 14% over the analysis period. Electronics represents the fastest growing end-use application flaunting the potential to wax at a projected CAGR of 10% over the analysis period.
Leading players in the carbon nanotubes market include Arkema SA, Bayer MaterialScience AG, Catalyx Nanotech Inc., Hanwha Nanotech Corporation, Hyperion Catalysis International Inc., Nanocyl S.A., Raymor Industries Inc., Rosseter Holdings Ltd., Shenzhen Nanotech Port Co. Ltd., Showa Denko K.K, SouthWest NanoTechnologies Inc., Sun Nanotech Co. Ltd., Thomas Swan & Co. Ltd., and Unidym Inc.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go136198-carbon-nanotube.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
SOURCE Global Information, Inc.
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