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Frost & Sullivan: Significant Growth in Nanotechnology during the Next Decade

29 Sep 2009 - The global Nanotechnology market will burgeon as leading corporations, firms, research entities, government agencies and venture capitalists jump on the abundant commercial opportunities already germinating in a recovering economy. Frost & Sullivan anticipates that renewed, if not reinforced, interest in the broad Nanotechnology landscape will go hand in hand with the gradual economic upswing, spearheaded by breakthrough developments in nanomaterials, nanocoatings, and nanodevices.
 
Fuelled by the constant stream of major players entering the market and by frequent technological breakthroughs, the global Nanotechnology market has been abuzz with activity. Thanks to substantial advances in nanotech-enabled products, the markets for nanomaterials including nanotubes and nanocomposites will flourish in the coming decade.
 
However, because the application needs of the various industries such as electronics, aerospace, transportation, automotive are so diverse, the metrology tools necessary for R&D will have to be improved in order to realise the true potential and benefits of nanotechnology.
 
The Second Nanotechnology International Forum RusnanoTech ’09 taking place in Moscow on 6 -8 October 2009 will offer ground for exchanges between business and science.