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.
Highlights
The development and industrial application of innovative advanced materials is imperative for technological and economic progress of a country
Nanomaterials, with at least one external dimension in the size range of approximately 1 to 100 nanometers, due to their unique physical and chemicals properties resulting in improved performance and qualitative characteristics of final products and ample opportunities of applying in numerous end-user industries are widely used in energy storage, construction, electronics, aerospace, defense, production of sporting and other consumer goods, etc
As to the conservative estimate by Mordor Intelligence, the global nanomaterials market was valued at about USD 4.1 billion in 2015 and expected to reach USD 11.3 billion by 2020, at a compound annual growth rate (CAGR) of over 22% during the forecast period 2017-2022 [4]
Summary
The development and industrial application of innovative advanced materials is imperative for technological and economic progress of a country. The guidelines had been jointly developed by the MIIT, the National Development and Reform Commission, the Ministry of Science and Technology and the Ministry of Finance It should be mentioned the emerging trends in the global nanomaterials industry: growing demand for high strength and durable structural materials, new material development and product design, new and emerging market applications, falling nanomaterials’ prices, enlarging the scale of the market due to the growing activities of the existing suppliers and the new entrants, as well as the increase in government support and R&D funding. Allied Market Research experts team states that metal and non-metal oxide-based nanomaterials are the most widely applied in the industrial production with expected growth at a CAGR of 20.7% from 2016 to 2022 [5]. In terms of the quantity of nanotechnology patents registered in the European Patent Office (EPO) in 2016, as to the StatNano database, Russia has been on the 29th place among 56 countries, while in the United States Patent and Trademark Office (USPTO) – has shared 21st place with Austria and Denmark among 59 countries under consideration [14, p. 36-37]
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