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Nanomaterials Demand to Reach $35 Billion by 2020

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CLEVELAND, July 18 -- The US market for nanomaterials (which totaled only $125 million in 2000) is expected to surpass $1 billion in 2007 and reach $35 billion by 2020, according to "Nanomaterials," a study from The Freedonia Group Inc., a Cleveland-based industrial market research firm. "After a decade-long buildup, nanotechnology is beginning to see its first commercial successes, although basic materials are grabbing the spotlight from more sensational early projections of cancer-killing nanobots and self-assembling automobiles," the report says. "The development of nanoscale materials...Read full article

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    Published: July 2003
    CoatingsdefenseindustrialMaterialsnanomaterialsnanoscale materialsNews & FeaturesThe Freedonia Group Inc.

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