NanoMarkets Report Projects Rapid Growth in Metallic Nanomaterials Over the Next Eight Years
GLEN ALLEN, Va., Jan. 4, 2012 /PRNewswire/ — Industry analyst firm NanoMarkets is announcing the release of a new report on metallic nanomaterials (nanometals). In this report, “Nanometals in Electronics and Energy Markets – 2012 and Beyond,” NanoMarkets estimates that the total market for metallic nanoparticles, nanoinks and pastes, and nanostructures will grow to around $2.0 billion (USD) by 2017.
Additional details about the report are available at http://nanomarkets.net/market_reports/report/nanometals_in_electronics_and_energy_markets_2012_and_beyond
The report is the latest in the firm’s ongoing coverage of nanomaterials for electronics and energy applications which dates back to 2005. It also detailed revenue forecasts for the materials covered broken out by application including printed circuit boards, consumer appliances, optical storage and computer memories, printed and organic electronics, smart windows, solar panels, energy storage, sensors, and chemical catalysts. It also provides detailed forecasts by material type including silver, gold, copper, platinum, palladium and other metallic nanomaterials.
The report also discusses the strategies of some of the leading suppliers of nanometals and related materials including American Elements, Beijing NanoMeet Technology, Cambrios, DuPont, Inframat, Johnson Matthey, JR Nanotech, Meliorum Technologies, MK Impex, NaBond, nanoComposix, Nanocs, NanoLab, Nanoco, Nanopatz, Nanoprobes, Nano-Oxides, Nano Silver Manufacturing, Nanostructured and Amorphous Materials, NN-Labs, Pilkington Glass, QuantumSphere, Reinste Nano Ventures, PowerMetal, Samsung, Sigma-Aldrich, SkySpring Nanomaterials, US Research Nanomaterials, UT Dots, and others.
From the report:
The nanometals business has made considerable efforts to break out of its dependence on the R&D community for sales. Nonetheless, its efforts to sell nanometal replacements for traditional conductive inks over the past few years have not been especially successful. As a result, nanometals suppliers will have to refocus their efforts on novel applications, such as optical storage disks and catalysts for the energy and chemical industries.
These applications are riskier than the inks business and will also require more aggressive marketing. Firms selling transparent conductors based on nanometallic materials for use displays and solar panels are setting an example to other nanometals firms of how to build a commercial customer base. NanoMarkets believes that if nanometals firms follow this lead, by 2017 almost 93 percent of the revenues for nanometals will come from markets that barely exist today.
Today, almost 85 percent of the nanometals business come from silver inks, pastes, particles and nanostructures, but by 2017, NanoMarkets believes that this number will reduce to 54 percent. The three big gainers are expected to be platinum, palladium and gold.
Platinum and palladium nanomaterials are expected to find a ready market as manufacturers of both sensors and chemical catalysts seek higher performance materials for their products. Catalytic applications for these and other nanomaterials are expected to generate more money in the future as it becomes increasingly necessary to squeeze more value out of expensive fuel sources. Meanwhile gold nanomaterials are likely to find generate new business in a number of different applications, especially as an enabler of new forms of information storage.
Founded in 2004, NanoMarkets has grown to become one of the industry’s leading authorities on market opportunities in advances materials and emerging energy and electronics markets. The firm annually publishes dozens of market analyst reports that are purchased by leading companies around the world. Please visit www.nanomarkets.net for a full listing of the firm’s market coverage and product and service offerings.