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‘Nanotechnology'
Building Big Future for Consumer Goods
RNCOS
January 5, 2009
With rising application of nanotechnology in consumer
goods and medical treatments, the global nanotechnology
industry will see fast-paced growth in near future.
Nanotechnology has huge potential to take the consumer goods
sector to new level of technological advancement.
Resultantly, the total value of nanotechnology inputs used
in manufacturing consumer goods worldwide is projected to
grow at a CAGR of 9.4% to 2010, says 'Nanotechnology Market
Forecast to 2011', a new research report from RNCOS. |
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This prospective high
growth in value is accredited to the fact that
nanotechnology has the potential to introduce innovative
functions and properties to develop and improve new product
and application possibilities. With intensification of R&D
to use nanotechnology in various fields such as healthcare
and consumer electronics, new nano-enabled products are
being commercially launched in the consumer market. It is
believed that more advanced and powerful computers, improved
medical treatments and extraordinary items will be made
available in future by nanotechnology application. The
importance of nanotechnology-based solutions will also pick
up with rising demand for more energy-efficient devices and
high raw material cost, according to the research report.
The nanotechnology industry is at the nascent stage of
development, but the demand and acceptance of
nanotechnology-based products is gaining momentum worldwide,
signaling bright future prospects for the industry.
The report highlights that Asia-Pacific is likely to be the
key market for nanotechnology-based products in coming
years, followed by the US and Europe at similar level. The
prime reason for high prospective growth in the Asia-Pacific
region is the domination of electronic products such as PCs,
mobile devices and vehicles in global market and most of
these products are primarily manufactured by the Asian
companies.
'Nanotechnology Market Forecast to 2011' is an extensive
report containing detailed information on the past, current
and future trends of the global nanotechnology market and
gives an overview of emerging trends. The report studies the
nanotechnology industry by segmenting it in application,
patent and R&D investment. It studies the nanotechnology
markets of key countries which dominate the sector along
with emerging markets.
The report features forecast on various segments of the
nanotechnology industry, including share of nanotechnology
in manufactured goods by leading segment, nanotechnology in
textile products, funding, cosmetic applications, use of
nanoparticles in energy applications and catalysis
applications.
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. |
