Nano
Film is a fabrication of quantum dot layers with a built-in
gradient of nanoparticle size, composition or density. The unique
characteristics of nano films are finding its applications in energy
storage devices and design of solar cells. Nano films are generally
used for surface modification process in the technological world.
Surface modification improves the performance of new and existing
products. Techniques used for surface modification process include
surface treatments, where the composition of mechanical properties is
changed or the deposition of thin films or coatings is altered and a
different material is deposited to create a new surface.
Nano films have
extensive applications in microelectronics industry, storage
industry, solar energy and optics industry. The commercial method of
manufacturing nano films is a challenge. Traditional methods of
building nanostructured materials can’t form nanostructures while
more effective methods like langmuir-blodget microchemical method or
atomic layer deposition are expensive. The cost-efficient alternative
for manufacturing nano films is flying particles method. Nano films
are used for photovoltaic applications to enhance transport of
electrons and improve internal quantum efficiency and photocurrent.
Magnetic nano films have unique properties and are used in medical
industry for biomedical applications. Magnetic nano films are used as
a solution for closing surgical wounds and as nanoplasters for
localized drug release.
The growth in
end-use industries is expected to increase consumption of nano films.
The growth of microelectronics, storage and solar industry is
expected to boost demand for nano films for surface modification
applications. In addition, rising consumption of electronics in
emerging economies of Latin America and Asia Pacific is set to drive
nano films market. Furthermore, nanotechnology?based thin films for
biomedical applications are expected to provide new opportunities for
market growth. However, availability of substitutes and volatile raw
material prices could hamper the growth of this market.
The Asia Pacific
market is projected to be the fastest growing market for nano films
due to increasing demand for electronics and solar energy. The BRIC
(Brasil, Russia, India, China) countries are a major market for
microelectronics industry. Most of the major international
microelectronic manufacturers are focusing on expanding their base in
BRIC. Rise in disposable income, large population and rapid economic
development is expected to contribute to the growth of
microelectronics in emerging economies such as China and India. The
growth of microelectronic industry is expected to drive the growth of
the nano films market. Mexico, Argentina, Thailand and Turkey are
other potential markets for nano film industry. Europe and North
America are mature markets and expected to experience moderate to
high growth.
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The nano film
industry is highly fragmented and dominated by small and medium
enterprises. Companies are investing in research and development to
develop different grades of nano films to compete in the market. In
addition, companies are using strategic acquisitions and aggressive
marketing to capture market share. Furthermore, companies are
expanding their presence in emerging economies due to growing demand
from end-use industries. Some of the key players operating in this
market are Nanofilm( U.S.) , Nanofilm Technologies (U.S.) Nano Foam
Technology Private Limited (India), Nano Therapeutics Pvt. Ltd
(India), Nano Lab India (India), Cosmo Films Limited (India), Smart
Source Technologies (India), NanoGram Corporation (U.S.), MAT-VAC
Technology (U.S), LOT-Oriel (United Kingdom), Maxtek Technology
(Taiwan) , MicroChem (U.S.) , MetaTechnica (U.S.) and Advanced Thin
Film (U.S.) among others.
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