This area of technology manipulates the molecular structure of materials in order to alter their inherent characteristics and acquire new ones with revolutionary applications. This is the case with graphene, a modified carbon that is tougher than steel, lighter than aluminium, and almost transparent, as well as nanoparticles utilised in electronics, energy, healthcare, and defence.
Nanotechnology and its tiny world offer up a slew of new opportunities for science and business today. According to the Global Nanotechnology Market (by Component and Applications) report by Research & Markets, which presents forecasts for 2024, this field, which flourished between the 1960s and 1980s, has exploded in the last two decades with a booming global market whose value will exceed 125,000 million dollars in the next five years.
WHAT IS NANOTECHNOLOGY AND HOW DOES IT WORK?
This area of technology manipulates the molecular structure of materials in order to alter their inherent characteristics and acquire new ones with revolutionary applications. This is the case with graphene, a modified carbon that is tougher than steel, lighter than aluminium, and almost transparent, as well as nanoparticles utilised in electronics, energy, healthcare, and defence.