The global #market of #nanotechnology-enabled #products stood at approximately US$1.6 trillion in 2014. In one estimate, the industry could generate 6 million jobs and account for 10% of global #GDP by 2030.
The total #market volume of #nano_products made in #Iran in 2020 is estimated at about USD 553 million, which amounts to USD 3 billion dollars once the purchasing power parity (PPP) is accounted for.
The global #market for nanotechnology in #drug_delivery is projected to reach US$138.8 Billion by 2026, growing at a CAGR of 19.4% over the analysis period. #Nanocrystals, one of the segments analyzed in the report, is projected to reach US$83.1 Billion (60 % of the market) by 2026.
#LG_Chem has recently announced plans to increase the production capacity of #carbon_nanotubes from 500 to 1,700 tons per annum to meet #battery #market demands.
#DNA_sequencing technology is so close to #market launch that the National Institute of Standards and Technology (NIST) has issued a #standard methodology for DNA sequencing and measurement.
Nanotechnology in #medical_devices #market is expected to reach a market value of USD 20.52 billion by 2027 growing with the compound annual growth rate (CAGR) of 11.9% in the forecast period of 2020-2027.
The #quantum_dot #market will grow to 61.4 billion dollars with a growth rate of 61.4 % from 2019 to 2024. The largest demand in the market is for the #display and #monitor_devices.
Asia Pacific is considered a key region for the development of the #borophene #market till 2025, due to the demand from the #semiconductor and #chemical industries.
#Nanosensors will have a #market of over $1200 million in 2021, and the share of #water monitoring sensors is predicted to be about $200 million.
#Gold_nanoparticles #market will rapidly grow in the North America due to their use in #tunneling_microscopy and especially in the #health_sector.
Rapid expansion of the #electronics and #IT sector together with the increasing demand in the #health sector will positively influence the #silver_nanoparticles #market. South Korea and China are expected to acquire the largest shares of revenue in this industry.
According to Research & Markets, the #market size of #nanocellulose is estimated to grow from US$ 285 million in 2018 to US$ 661 million by 2023, at a CAGR of 18.4% during the forecasted period.
Currently, USA is considered as the largest #market for #carbon_nanotubes followed by East Asian countries. These two regions hold around 75% of the global market.
Nanomaterials for #printing #market is expected to expand rapidly in the next few years, due to increasing demand in the #automotive and #electronics industries.
The #nanocellulose #market is rapidly growing in #Japan, having products introducing into the market in #textiles and consumer goods.
