Maturing Nanotechnology Market

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• Maturing Nanotechnology Market

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Summary

• The global nanotechnology market should reach
  90.5 billion by 2021 from 39.2 billion in 2016
  at a compound annual growth rate (CAGR) of 18.2,
  from 2016 to 2021.INTRODUCTIONThe previous
  (2014) edition of this report began by noting
  that the hype, both positive and negative, that
  has surrounded nanotechnology has been growing
  progressively less extreme. Today, rosy
  projections of a trillion-dollar nanotechnology
  market in 10 years, or apocalyptic predictions
  about a Faustian bargain or a Pandoras box
  are heard less often than they used to be.

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• Indeed, there has been something of a backlash to
  the earlier nanotechnology hype.According to
  Google Trends, searches on the term
  nanotechnology have steadily trended downward
  to between 15 and 20 of the levels of a decade
  ago. Many of the companies that used to showcase
  their nanotechnology credentials or put nano in
  their names, if they have not gone out of
  business, now describe themselves as materials,
  companies or biopharma companies.

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• There is a growing awareness that nanotechnology
  will not change the world overnight through a
  technological revolution. Instead, it is changing
  the way people live and work gradually, through a
  process of mostly incremental changes in older
  technologies. Many of these changes will take
  years, if not decades, to make themselves felt.

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STUDY BACKGROUND

• While it appears inevitable that nanotechnology
  will have a broad and fundamental impact on many
  sectors of the global economy, various technical,
  marketing and other hurdles need to be overcome
  before nanotechnology fulfills this promise.
  These challenges and differences of opinion
  regarding commercial applications are reflected
  in the widely diverging estimates for the U.S.
  and global nanotechnology markets.

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SCOPE OF REPORT

• The global market for nanotechnology applications
  will be addressed. Nanotechnology applications
  are defined comprehensively as the creation and
  use of materials, devices and systems through the
  manipulation of matter at scales of less than 100
  nanometers. The study covers nanomaterials
  (nanoparticles, nanotubes, nanostructured
  materials and nanocomposites), nanotools
  (nanolithography tools and scanning probe
  microscopes) and nanodevices (nanosensors and
  nanoelectronics).

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• Nanoscale semiconductors are also excluded from
  the study, although the tools used to create them
  are included. Unlike carbon black and activated
  carbon, nanoscale semiconductors are a relatively
  new development. However, they have been analyzed
  comprehensively elsewhere and, like carbon black
  and activated carbon, would tend to overwhelm
  other nanotechnologies by their sheer volume in
  the out-years toward 2021.

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• The study format includes the following major
  elements
• Executive summary.
• Definitions.
• Milestones in the development of nanotechnology.
• Current and potential nanotechnology
  applications.
• Applications and end users with the greatest
  commercial potential through 2021.
• Global nanotechnology market trends, 2015 through
  2021.
• Factors that will influence the long-term
  development of nanotechnology.
• Market shares and industry structure.

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Report Read Maturing Nanotechnology Market

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