18th December, 2018- Nanotechnology Market Research Report (2018-2025) Provides In-Depth Analysis by Scope, Growth Rate, Driving Factors, Competitive Situation, Top Manufacturers and Upcoming Trends. Nanotechnology Market report split global into several key Regions which mainly includes Market Overview, Table of Content, List of Figures and Applications.
The Global Nanotechnology Market is subject to witness a substantial growth at a CAGR of around 17% due to the soaring demand from different industry verticals such as aerospace sector, automobile industry, electronics & electrical sector, pharmaceutical industry, and military & defense sector. Use of nanotechnology offers product security and anti-counterfeiting due to their unique properties such as high magnetic, optical strength, catalytic and electronic properties. Globally, the market is predicted to generate massive revenue over the next seven years, providing numerous opportunities for market players to invest for research and development in the nanotechnology market.
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Vast set of application of nanotechnology involving dispersions and coating, consolidated materials, bio-medical and electromechanical devices are expected to offer lucrative growth opportunities for industry players in the upcoming years. Advent of nanomaterials such as graphene and nano-cellulose are predicted to drive growth of market over the forecast period. These nanomaterials are economically viable and possess advanced properties. The constant requirement of nanoparticles such as the gold nanoparticles for technological transformation of healthcare industry is driving the market growth in forecast period. Besides, the large investment from private sector for development of nanotechnology and numerous initiatives from governments are multiplying the progress of the nanotechnology market.
Increasing adoption of nanotechnology for production of metal nanoparticles, which are broadly consumed in biomedical sciences and bioengineering is expected to boost market growth in the near future. The nanoparticles have become major attraction due to their significant potential for development of nanotechnology in the healthcare industry.
In recent times, metal nanoparticles are synthesized and altered along with different bio-chemical functional groups. This allows metal nanoparticles to conjugate with anti-bodies, ligands, and medicine. Due to these vast functionalities, allows a broad range of possible applications in biotechnology, magnetic severance, pre-concentration of required analysts, targeted medicine distribution, and transportation for gene and medicine delivery. The various metal nanoparticles also allow diagnostic imaging used in biotechnology.
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The market is broadly categorized into major segments based on the product type such as nanomaterials, nano-tools, and nano-devices. The nanomaterials is considered as one of the fastest growing segment in the market with substantial revenue generation in the last few years. Growing popularity of the segment is attributed to the increasing demand form electronics industry, power & energy sector and defense industry. The nano-devices segment has also witnessed substantial growth owing to the increasing adoption in the electromechanical devices.
The key players in the nanotechnology market are Altair Nanotechnologies Inc., AMCOL International Co., BioDelivery Sciences International Inc., Clariant International Ltd., Competitive Technologies Inc., Dendritic NanoTechnologies, Inc., Eastman Kodak Co., Frontier Carbon Co., Hosokawa Micron Group AG, and Hyperion Catalysis International, Inc.
Major Table Of Contents:
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