A March 2012 report from RNCOS (an industry research firm) forecasts the global nanotechnology market to reach $26 billion by the end of 2014—representing a CAGR of roughly 19%—driven by expansion of nanomaterials, nanofilms, and nanodevices in all sectors of the economy, including throughout the built environment.
At present, the U.S. remains the largest market for nanotechnology, although many other nations (Brazil, India, and China included) are making sizable investments in R&D for this field. In less than a decade (since the 21st Century Nanotechnology R&D Act was signed into law on December 3, 2003), the U.S. has spent $24 billion on nanotech R&D.
In this fast-paced industry, there is a constant news flow of corporate developments, policy implications, investments, and (most intriguing) the exciting new products that are being commercialized by manufacturers who can harness the power of nanotechnoloy. Accordingly, there have been number of sector and corporate developments since the release of our base report, Nanotechnology and the Built Environment: The Transition to Green Infrastructure (published November 2011).
We recently published an updated report highlighting many of the innovations in this field over the past couple months. A link to this update, and a synopsis of its content, is provided below. We look forward to continuing to keep our readers informed of opportunities, risks, and trends in the nanotech markets.
Key sector developments on…
Concrete/Brick ▪ Data and Other Communications Infrastructure ▪ Heating, Ventilation, and Air Conditioning (HVAC) ▪ Insulation ▪ Lighting, Organic Light-emitting Diodes (OLED), and Displays ▪ Smart Paints, Coatings, and Materials ▪ Solar/Building-Integrated Photovoltaics (BIPV) ▪ Structural Steel ▪ Water Treatment ▪ Windows
Company developments from…
A. Schulman, Inc. (SHLM-NASDAQ) ▪ Abakan Inc. (ABKI.PK-OTC) ▪ BASF SE (BASFY-OTC) ▪ Cabot Corp. (CBT-NYSE) ▪ Calgon Carbon Corporation (CCC-NYSE) ▪ Honeywell International Inc. (HON-NYSE) ▪ Johnson Controls, Inc. (JCI-NYSE) ▪ Kraft Foods Inc. (KFT-NYSE) ▪ MiaSolé ▪ Siemens AG (SI-NYSE) ▪ and more…