The global nanotechnology market is expected to grow at a CAGR of around 16.5% during 2014-2020, says RNCOS in its latest research report.
Noida, India -- (SBWIRE) -- 09/24/2014 -- Nanotechnology is increasingly attracting worldwide attention owing to its wide range of end users. Scientists and engineers in almost all industries are using nanotechnology to make their products stronger, lighter, more durable, more corrosion resistant and more economical. Engineered nanomaterials are already widely used in technologies and consumer products ranging from toothpaste to paints. However, recently, the researchers have developed stronger nanomaterials having higher strengths. These nanomaterials are extremely elastic, allowing them to be flexible, adapt to and recover from different shapes and stores, and release more energy.
As per our report, “Nanotechnology Market Outlook 2020”, nanotechnology is a growing interdisciplinary technology. The nanotechnology-based products are now in demand and finding applications in almost each and every industry in a big way. As a result, the industry is gaining huge R&D investments from government and private players. With this growing demand, the global nanotechnology market is anticipated to grow at a CAGR of around 16.5% during 2014-2020.
The report provides a comprehensive analysis of the nanotechnology market across the globe. It features nanotechnology market for various application areas such as electronics, energy, cosmetics, defense, food & agriculture and biomedical. Additionally, the report covers an in-depth country level analysis of nanotechnology market which deals in study of current market scenario and future market outlook of these major nanotechnology markets.
In addition to that, the report studies source of nanotechnology funding (government, corporate and venture capitalists) on the globe. Further, our study delves into the competitive landscape covering business overview and key financials of major nanotechnology players worldwide. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.