World market for nanomaterials: Structure and trends

Abstract

Modern nanomaterials as well as the other advanced materials are aimed at scaled production application due to their unique physical and chemicals properties and the improved performance of final products, therefore at enforcing technological and economic progress of the countries. The article focuses on current state and key indicators of development of the world nanomaterials market, its key drivers and restraints, modern structure, emerging trends and prospects. Selected foreign and Russian databases, providing information on nanomaterials, which are applied in industrial production, and final products manufactured with the use of nanomaterials or nanotechnology are examined in the article. The authors come to the conclusion that information asymmetry, heterogeneity and even inconsistency of the information in the databases exist, thus making it difficult to obtain relevant business information both for manufacturers and consumers. These factors hinder development of nanoindustry in the Russian Federation, as well as national and regional markets for nano-enabled consumer products.