4 out of 5 industries expect nanoproducts by 2010

Filed in archive Business on March 24, 2006

From the National Center for Manufacturing Sciences (NCMS) come the results of the 2005 NCMS Nanomanufacturing Industry Survey - the largest cross-industry survey to date of nanotechnology commercialization trends and concerns. The survey of nearly 600 U.S. industry executives was sponsored by the National Science Foundation (NSF).

This project, according to NCMS, has yielded compelling insights into how U.S. corporations and research organizations perceive the future of the nanotechnology market.

According to Dr. M.C. Roco, key architect of the National Nanotechnology Initiative (NNI), and Senior Advisor for Nanotechnology at NSF, "The survey of manufacturing industry units shows the increased significance of nanotechnology to both traditional and emerging fields in the last five years."

"In 2000," he said, "one could identify only a handful of companies with nanotechnology programs. In 2005, 18% of the surveyed industries are already marketing products incorporating nanotechnology, about 80% expect to commercialize nano-products by 2010, and almost all those surveyed expressed confidence that their organizations will be involved with nanotechnology in the long run after 2010."