Nanotechnology holds the key to improve efficiency, costs, and new functionality. It is an emerging technology to manage water and waste water worldwide. According to our research report “Nanotechnology Market Forecast to 2013”, nanotechnology in water and wastewater is anticipated to grow at a CAGR of over 20% during 2009-2013. Our research says that, nanotechnology provides great environmental advantages for water management and treatment by enhancing decontamination, desalination, recycling, filtration, analysis, conservation, and monitoring and sewerage systems.
As per our study, filtration was the most dominating application of the total nano-water market. However, it is projected that, desalination and irrigation will be the most revolutionizing segments during the forecast period as nanotechnology helps to reduce the desalination process costs and reduce the water used in irrigation. Besides, nanotechnology provides significant environmental benefits for water management and treatment by enhancing decontamination, desalination, recycling, filtration, analysis, conservation, and monitoring and sewerage systems.
Research says that, nanotechnology industry is still at its early stages of growth. Nevertheless, as the nanotechnology based products are becoming famous globally, the industry future seems quite bright. The market will garner huge revenue on the back of commercialization of the technology given the increasing usage of nanotechnology in various applications. The global nanotechnology market is defined as the revenue generated from nanotools, nanomaterials, and nanodevices. Additionally, it has recorded sustainable growth in revenue with the integration of technology in different sectors to make things smaller, lighter, and efficient.
Our report “Nanotechnology Market Forecast to 2013” defines the nanotechnology market by analyzing key trends and developments. The report provides the current and future outlook of the nanotechnology market by major applications and funding from different verticals. Country level analysis including the US, Germany, Japan, South Korea, Taiwan, France, the UK, Ireland, China, India, Brazil, Russia, and Australia provides the potential in different markets with analysis of prospective growth areas in various segments. Besides, a brief outlook of competitive landscape provides a comprehensive view of the market dynamics.
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