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Lucintel’s Report Outlines Robust Growth for Global Nanomaterials Industry: Market to Surpass US $6 Billion by 2016

The innovative global nanomaterial industry has experienced significant growth over the last five years and is expected to continue its high growth trajectory, surpassing US $6 billion by 2016 with a CAGR of 23% over the next five years.

Lucintel, a leading global Management Consulting and market research firm, has analyzed the global nanomaterials market and presents its findings in “Growth Opportunities in Global Nanomaterials Market 2011–2016: Trend, Forecast, and Opportunity Analysis.”

Lucintel’s research indicates a positive future for nanomaterials and growing demand due to new and emerging applications such as wind turbine blades, solar energy, drug delivery, nanomedicines, and water treatment. Application of stringent regulations during the development stage of nanomaterial technology may slow or inhibit its commercial expansion in some areas. The growth trend, however, is likely to continue as nanomaterials gain even further acceptance for use in various new aircraft models and other emerging applications. Energy, health, and the personal care industry are expected to drive the market for nanomaterials during the forecast period. Government policies and initiatives that support alternative energy forms, however, need to be monitored for their positive impact on future growth.

The study spotlights North America and Europe as the best performers in 2010, with the Asia and the rest of the world continuing to develop. Significant growth is expected in the Asian region because of capacity expansion of various large players and also an expected demand increase in the electrical & electronics (E&E) and energy segments.

Lucintel’s report, which provides trend scenarios and forecast statistics for 2011–2016, details industry drivers and challenges, compares properties and prices, and highlights major nanomaterial suppliers. It also describes emerging trends and new opportunities in the global nanomaterials industry. In addition, the report considers nanomaterials for a variety of markets such as transportation, E&E, building and construction, health and personal care, packaging, energy, consumer goods and more.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at . Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit