The global nanomaterials market is still growing rapidly

Affected by the international financial crisis, the current development of nanomaterial technology and product sales have slowed down. At the same time, due to possible potential negative impacts on human health and the environment, the industry may slow down, but industry players are still optimistic that the future nanomaterials market will be very large. Lux Research Inc. predicted in early August that global nanotechnology and product sales will reach $2.5 trillion by 2015. However, this result is 21% lower than the previous forecast.

The company pointed out that the recession has the greatest impact on the automotive, construction and some electronics industries, but it is not expected to have much impact on health care and life sciences. Among nanomaterials, carbon nanotubes and ceramic nanoparticles are more affected by economic recession because they are used in the automotive and construction industries. Among the nano-intermediates, the most affected by the economic downturn is the field of nanocomposites and coatings.

The analysis pointed out that compared with the United States and Europe, the sales of combined nanotechnology products grew rapidly in the Asia Pacific region. The United States and Europe account for more than two-thirds of all nanomaterial sales, but by 2015 the market share of these two regions will fall by 2% to 3%. The main reason for this trend is the rapid development of the automotive industry in the Asia-Pacific region, where sales of nanomaterials will increase by 5%.

The application of nanomaterials in the environmental field is expected to grow strongly. BCC, which is engaged in market research, predicts that the market growth rate of nanotechnology in the environmental field will be 61.8% from 2008 to 2014, and sales will increase from US$1.1 billion in 2008 to US$21.8 billion in 2014.

BASF is a leader in the development of nanomaterials for the printing electronics industry. The company has worked with engineering electronics manufacturer Heidelberger Druckmaschinen and Darmstadt University of Technology to develop a range of processes for flexible electronic components. Based on nanoparticle functional materials. The consortium will launch the first printed organic electronic nano-product within three years.

In addition, BASF and the Belgian nanoelectronics research group IMEC expand the research field and jointly develop process chemicals for the semiconductor industry. The BASF-IMEC consortium has developed a selective cleaning solution that reduces the steps required to produce 22nm chips, and the first product of the consortium will be available in 2011. The company has also developed nanocubes for hydrogen storage.

Evonik Industries is another important chemical manufacturer dedicated to the development of nanomaterials. The company uses new nanomaterial technologies to improve products such as photovoltaics and batteries, as well as surface treatments, automotive electronics, catalysts, ceramics and composites. A promising solution from Evonik Industries is the application of flexible nanoceramic separators to high-performance lithium-ion batteries for hybrid and electric vehicles.

Nanomarkets Inc. is also studying the application of nanotechnology in energy and electronics, and has successfully developed nano-inks including nano-silver. Among them, nano silver can be widely used in the field of electronics, such as flexible display and photovoltaic industry. The global market value of nano-silver inks for the photovoltaic industry has reached approximately $200 million/year and continues to grow.

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