Advance Nanomaterials

Nanomaterials are defined as materials with at least one external dimension in the size range from approximately 1-100 nanometers. Nanoparticles are objects with all three external dimensions at the nanoscale1. Nanoparticles that are naturally occurring (e.g., volcanic ash, soot from forest fires) or are the incidental byproducts of combustion processes (e.g., welding, diesel engines) are usually physically and chemically heterogeneous and often termed ultrafine particles. Engineered nanoparticles are intentionally produced and designed with very specific properties related to shape, size, surface properties and chemistry. These properties are reflected in aerosols, colloids, or powders. Often, the behavior of nanomaterials may depend more on surface area than particle composition itself. World demand for nanomaterials will rise more than two-and-a-half times to $5.5 billion in 2016. Nanotubes, nanoclays and quantum dots will be the fastest growing types. The energy storage and generation and construction markets will offer the best growth prospects. China, India and the US will lead gains among countries.This study analyzes the $2 billion world nanomaterial industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by material (e.g., metal oxides, chemicals and polymers, metals, nanotubes), market (e.g., health care, electronics, energy generation and storage, construction), world region and for 15 countries.