Reportlinker.com has announced the addition of a new market research report titled ‘Nanotechnology Market Forecast to 2014’ to its offering.
According to the report, the worldwide nanotechnology market is expected to grow at a CAGR of 19% during the period between 2011 and 2014 due to ever-increasing applications of the technology in defense, cosmetics and electronics industries.
Nanotechnology will play a crucial role in several industries in the coming years. The nanotechnology-based products will have a huge impact on the consumer market. The report says that electronic companies are seeking new methods of integrating nanotechnology into consumer electronics such as mobile phones and music systems to enhance their processing capabilities. Likewise, the technology will be helpful in enhancing cosmetics by modifying their physical properties and improving the performance of defense technologies at lower cost. Moreover, the emerging technology has revitalized dental care by reducing the healing time and enhancing the Osseo-integration in dental implant.
The comprehensive report covers key market trends and application fields of the global nanotechnology market. As per the report, nanomaterials will maintain their dominance in the nanotechnology market in the years to come. However, the report says that nano devices such as nanolithographic tools for the production of future-generation semiconductors are anticipated to grow more rapidly than nanomaterials in the coming years.
The United States is the largest market for nanotechnology in the world and will maintain its largest share in the global market in the coming years, despite developing nations like China, India, Korea and Brazil making huge investments in the nanotechnology research and development. The report describes the patents, application fields and regulatory environment pertaining to nanotechnology in these nations.
Major companies profiled in the report include Nanosys, Nanophase Technologies, and Altair Nanotechnologies, NanoScale Materials, Acusphere, Zyvex, Ablynx and Unidym.