- In September 2023, BASF, a leading producer of battery materials, formed a partnership with Nanotech Energy to significantly lower the carbon footprint of Nanotech's lithium-ion batteries intended for the North American market. This collaboration enables Nanotech to provide cells crafted from recycled metals, enhancing sustainability. The initiative also establishes a complete regional supply chain, ensuring more environmentally friendly battery production for customers in North America
- In July 2023, Altair, an artificial intelligence and computational science company, acquired OmniV to enhance its open model-based systems engineering capabilities across various domains, including simulation, systems, testing, controls engineering, and product development. This acquisition aims to formalize the development and integration of models, enabling better enterprise and program decision-making. As a result, consumers will benefit from an open architecture that provides a traceable ecosystem for monitoring a product's cost, performance, and mass throughout its lifecycle
- In July 2023, Advanced Test Equipment Corporation, a provider of measurement and testing solutions, announced the expansion of its product portfolio with the addition of the Bruker S1 Titan XRF Analyzer Series. This collaboration offers clients advanced analysis solutions that ensure reliable results and exceptional versatility. By integrating this cutting-edge technology, Advanced Test Equipment Corporation enhances its ability to meet diverse client needs in the measurement and testing sector
- In May 2023, Werfen announced a partnership with Thermo Fisher Scientific to globally distribute the TCAutomation laboratory automation system, specifically designed for Hemostasis Diagnostics. This advanced system will provide assay-specific pre-analytical quality management, integrity checks for samples, accreditation tools for laboratories, and exceptional flexibility through front-loading and track sampling capabilities. The collaboration aims to enhance diagnostic processes and ensure high-quality standards in laboratory settings
- In November 2022, Haystack Oncology secured USD 56 million in Series A funding to enhance its post-operative cancer detection technology. This financial boost will enable Haystack to improve the accuracy of detecting residual and recurring tumors, allowing for personalized therapy tailored to individual patient needs. The advancements are expected to significantly improve outcomes for cancer patients by providing more precise diagnostic capabilities
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Nano Composites, Nano Materials, Nano Tools, Nano Devices, and Others), Application (Healthcare, Environment, Energy, Food and Agriculture, Information Technology, and Others), End User Industry (Electronics, Cosmetics, Pharmaceutical, Biotechnology, and Others) – Industry Trends and Forecast to 2031
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The Global Nanotechnology Market size was valued at USD 10.33 USD Billion in 2023.
The Global Nanotechnology Market is projected to grow at a CAGR of 41% during the forecast period of 2024 to 2031.
The major players operating in the market include Honeywell International , DuPont, 3M, Sioen Industries, ANSELL LTD, Lakeland , AEB, Eurofins Scientific, Bruker, Agilent Technologies, Nanosurf AG, Nanoscience Instruments, Malvern Panalytical Ltd.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
