Nanotechnology is expected to be worth $27 billion in five years time, according to a report issued by BCC research.
Worth an estimated $11.6 billion in 2007, the market is forecast to increase to $12.7 billion in 2008, reaching a value over double this amount in the next five years at a compound annual growth rate (CAGR) of 16.3%.
The market comprises the applications of nanomaterials, nanotools and nanodevices, with nanomaterials accounting for 87% of the market. This segment is... Read Full Story
Nanotools accounted for 12.8% of the market in 2007. Nanotools, which include the nanolithographic tools used to produce the next generation of semiconductors, are projected to grow at a much faster rate than nanomaterials.¹
¹Smalltimes.com
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The global market for polymer sorbent technology was worth $3.8bn in 2007, according to markets analysis firm BCC Research .
This is expected to increase to $4.2bn in 2008, and by 2013 the market should be worth over $7.0bn - a compound annual growth rate of 11.0%.
The US research group said consumption and revenue growth for polymer sorbents are being driven primarily by the utilisation of these materials within the consumer/personal hygiene segment.
This segment manufactures baby and... Read Full Story
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A pair of graduate students at the Massachusetts Institute of Technology are preparing to test MEMS powered by light instead of electricity Read Full Story
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In a groundbreaking application, IBM will use this self-assembly technology to produce microchips that are 35 percent faster, and consume 15 percent less energy than the very most advanced conventional chip currently available. Read Full Story
Advances in nanotechnology have proven that incredible progress is not only possible today and in the future, it is pretty well inevitable. Fantastic advances in nanotechnologic medical research have resulted in life saving techniques that were unheard of even a decade ago. Read Full Story
DNA-like ice 'seen' inside carbon nanotubes . 'Nanoscale ice formations resembling the double helices of DNA will form when water molecules are frozen inside carbon nanotubes, detailed computer simulations suggest. Researchers at the University of Nebraska, US, used a supercomputer to run detailed mathematical models of the behaviour of water molecules. In their simulations, they inserted the molecules into carbon nanotubes under high pressure, before cooling them to -23°C.
The scientists... Read Full Story
