Electronics.ca Publications recently released a new report entitled “Nanomaterials and Markets 2006-2015.” The new market research report reveals that the commercialization of new nanomaterials will open up new doors to possible opportunities for new business. The new report states that a healthy and conducive R&D environment is essential prelude for nanomaterials development over the next five years.
According to the report, nano funding of Japan is estimated $5.2 billion – the highest among all. The United States has also increased from US$ 1.05 billion in 2006 to 1.3 billion in 2007. This increase is expected to continue up to 1.44 billion in 2008. While Japan is overtaking the United States in terms of government funding, Europe will actually have a larger yearly spend in nanotechnology than USA or Japan, for The EU Seventh Framework Program contributing approximately Euro 600 million per year until 2013.
- Worldwide government R&D investment 2002-2006, 2007-2012
- Key market trends and drivers 2007-2015
- Market demands for nanomaterials 2006-2015
- Current and potential revenues 2006-2015
- Key players including application manufacturers, end users and nanomaterials suppliers
- Company segmentation by supply chain placement and market application opportunity
- Key opportunities by materials and markets
- Current and potential revenues for nanomaterials including nanoparticles, nanocomposites, nanocapsules, nanoporous materials, nanofibres, fullerenes, nanowires, nanotubes, quantum dots and nanocoatings
- Current and potential revenues by market including aerospace & defence, automotive & transportation, information technology & telecommunications, energy, life sciences & healthcare, construction, textiles, environment & water, food & drink, consumer goods & household care and security
As with any new technology, there are certain commercial parameters to consider, which will likely hinder the widespread integration of nanotechnology into products and processes. Whilst large-scale enterprises are mainly interested in system solutions with higher sales expectancy, smaller and medium-sized organizations pay more attention to technological creation, analyses and tools. In Germany, most technology orientated companies are taking a long-term approach in addressing key elements for future innovation. Nanotechnology is viewed as a component within an overall end-product value chain, providing building blocks upon which end-user products can be developed.
Currently, competitive rivalry is high in the nanomaterials sector. Companies are in the middle of a research and development race to develop and release new proprietary products for specific applications. The report states that only the first to market will gain the competitive advantage to embrace the potential of nanotechnology, and this is the market focus at present. As the nanotechnology market matures, the competitive rivalry will move from R&D to commercialization, meaning that companies will start striving for return on investment, market development, and market share.
More info: Nanomaterials and Markets 2006-2015 ($6,215 US)