Nanomaterials with a single unit that is between 1 and 100 nanometers in size (in at least one dimension). Nanomaterials research uses advances in materials measurement and synthesis gained in support of microfabrication research to take a materials science-based approach to nanotechnology. Nanostructured materials often exhibit unique optical, electrical, thermo-physical, and mechanical capabilities. Nanomaterials are gradually becoming more industrialized and becoming commodities.
Market Analysis: In 2019, the global nanomaterials market was valued at USD 8.52 billion, with a forecast of USD 9.58 billion by 2020. From 2019 to 2027, the nanomaterials market is predicted to increase at a compound yearly growth rate of 13.1%, reaching USD 22.88 billion.
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