Nowadays the area of nano-products is one of the most dynamically evolving areas in the world. Based on the Results of Polymer Nano-Composites Market Study, the Research Company Abercade is providing a summary overview of the nanotech market.
In 2009, the estimated volume of the global market of nano-materials and technologies used for their production was US$10.1 billion. And the market of consumer goods based on nano-technologies achieved approximately US$773.47 billion in 2009.
The size of the world market of nano-products and technologies by 2014 is projected as US$4.6 billion in the segment “Medicine and Biotech,” US$6.0 billion in “Power Generation,” US$1.8 billion in “Electronics and IT,” and US$6.4 billion in other segments.
As regards research activities in this area, the top five countries comprise the United States, Japan, China, Germany and France.
Thus, the US National Nanotech Initiative (NNI) started in 2000. Major investments have been allocated to the National Science Foundation (NSF) and DOD/DOE facilities.
Fig. 1 shows the world nano-tech market structure by geographic region
Nano-Tech Market by Country
Table below shows the world nano-tech market structure by research area in 2009.
Source: Research Company Abercade
According to the US NSF, by 2015 the overall volume of nano-tech market will reach US$1 trillion.
Projected world nano-tech market structure by research area by 2015