The Global Market for Nanoscale Technologies

ION Publishing Ltd
February 2, 2009
829 Pages - SKU: IONT2092456
License type:
Countries covered: Global

Nanotechnology can be described as manipulating the attributes of matter at the nanoscale to create products with new functionalities at the macroscale. Through the exploitation of these new functionalities, nanoscale technologies can help to solve some of the key challenges facing society today. Nanotechnology is not a market per se. Rather; it is an enabling technology for the development of both:
  • New opportunities within existing markets;
  • Entirely new markets.
At present, nanotechnology is a niche area but few industries are currently not be affected by its influence. Nanotechnology promises more for less: smaller, cheaper, lighter and faster devices with greater functionality, using fewer raw materials and consuming less energy. Nanotechnology offers immense promise; promise which extends from specific business opportunities for individual firms to societal benefits for the world at large. Yet for these benefits to be realised, the products and processes that are renewed or made possible by nanotechnology will need to reach the supermarket shelf or the factory floor.

Nanoscale technology is not new; the word “nanotechnology” has been used by scientists and engineers over many years to mean different things. Polymer scientists, for example, would consider colloid science as a nanoscale technology. Material scientists would expect that much of the future development of structural, functional, multifunctional and bio based materials would almost certainly be at the nanoscale.


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