Study: Nanomaterials still hold tremendous market potential

04/6/2010 | PlasticsNews.com

Demand for nanomaterials will rise 21% globally as annual gains reach $3.6 billion in 2013, while sales are expected to surpass $34 billion by 2025, according to a study by research firm Freedonia Group. However, technical, safety and environmental concerns still loom as the market expands because nanomaterials have been only used in low-tech applications. Advanced applications such as carbon nanotubes will account for greater demand in the upcoming decades, the report says.

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