Nanomaterial Technology Development and Usage Nanotechnology creates nanoparticles with distinctive characteristics to meet the needs of the electronics, fabrics, cosmetics and biopharmaceutical industries. The assembly, manipulation, control and manufacture of nanoscale materials is considered to be the frontier of the 21st century in modern research. Nanotechnology has gained importance in the engineering and application of nanomaterials due to the fact that the physiochemical properties of materials are remarkably enhanced at nanoscale dimensions from their properties at their normal larger state.
The term “Nano” originates from a Greek word meaning “Dwarf” referring to a very small-sized object. It is also used as a prefix in science meaning 1 nm is equal to 1 millionth of mm or 1 billionth of m.
According to Precedence Research, the Nanomaterials Market Size will reach US$ 43B by 2030 with growth projected at a CAGR of 18.05% from 2022 to 2030. -June 17, 2022
By Application, key industries include:
- Aerospace
- Automotive
- Medical
- Energy & power
- Electronics
- Paints & Coatings
- Others
The aerospace application segment, for example, is expected to expand at a CAGR of 12.1% over the forecast period. Rising demand for lighter and more efficient aircraft has driven the rapid adoption of nanomaterials in aircraft and aerospace manufacturing.
Key Players include:
Strem Chemicals, Inc., American Elements, US Research Nanomaterials, Inc., Nanocomposix, Inc., Frontier Carbon Corporation, Nanoshel LLC,
California Nanotechnologies Corp., SkySpring Nanomaterials, Inc., Nanophase Technologies Corporation, Cytodiagnostics, Inc., Quantum Materials Corp.
The U.S. market continues to grow due to increasing industry R&D activities. In addition, the U.S. government invests heavily in nanotechnology and coordinates work on nanomaterials with 20 government agencies.
A wide range of thermo-chemical methods are used to synthesize nanoparticles. In broad terms, the “Top-Down” approach utilizes physical manipulation and the “Bottom-Up” utilizes chemical transformation.
Another method, developed by a small company with major industry and government customers, combines Cryomilling and Spark Plasma Sintering (SPS) technologies. It has recently gained industry notoriety due to notable successes that met and exceeded customers’ needs. Their proprietary cryomilling tech creates metallic and ceramic advanced powder systems
. Applications for powders after cryomilling include Additive Manufacturing/3D printing, Advanced thermal spray coatings and making enhanced parts via Spark Plasma Sintering. In turn, their proprietary SPS technology reconstitutes powders to create high-performance materials with unique properties for advanced material research and manufacturing
. This advanced consolidation technique allows for the rapid application of temperature and pressure via high-density pulsed current within a controlled atmosphere.
The company engages in the research, development & production of nanostructured components and materials. They are utilizing their unique technical expertise & vision to push the boundaries of applied material science for industry and US government agencies’ customers.