The global nanotechnology market continues to see rapid commercialization of nano-enabled products, buoyed by increasing level of investments into the nanotechnology R&D across the world. Governments along with corporates and venture capitalists are pouring billions of dollars into the commercial uptake of this technology in various fields such as environment, electronics, healthcare, food and consumer goods. All these developments will drive the global market for manufactured goods using nanotechnology, which is forecasted to grow at a CAGR of 49% by 2013, says our latest analytical research, “Nanotechnology Market Forecast to 2013”.
On the regional front, the US continues to dominate the global market for nano-enabled products followed by Europe and the Asia-Pacific region. However, strong growth is projected for Asia-Pacific nanotechnology market, which is estimated to touch US$ 385 Billion by the end of our forecast period. Measures undertaken by countries such as China, Korea, Japan and India will further give impetus to the market over the forecast period.
The research also foresees that from 2010 onwards, nanotechnology will become commonplace in manufactured goods. With healthcare and life science applications entering the pharmaceutical and medical devices markets, nanobiotechnology will contribute significantly to the development of pharmaceutical industry. The potential applications of nanotechnology will be in water and waste water management, mobile devices, materials and so on.
RNCOS’ updated and detailed research, “Nanotechnology Market Forecast to 2013”, evaluates the past, current and future scenario of the global nanotechnology market coupled with an overview of emerging trends. The report has segmented the nanotechnology market by application and R&D investment. It discusses the nanotechnology market by key countries and shows their prominence in the sector together with the emerging nations in the domain. Besides, the report also covers various growth potential areas in the nanotechnology market at the global level.
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About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
