The market for nanotechnology products made in Iran has amounted to over $550 million in 2020 with a 7.3% export share, according to a review reported by Iran Nanotechnology Innovation Council (INIC). Among the various industrial fields, the construction sector has the lion’s share in the Iranian nanotechnology market.
Given the expansion of nanotechnology market and substantial increase in competitiveness among the domestic nano-industries as one of the main goals of Iran’s nanotechnology development program by 2025, having access to precise statistics and accurate information on domestic and international markets of these products are deemed to be among the principal requirements in formulating policies and plans. To this end, the Iran Nanotechnology Innovation Council (INIC) conducts a survey of companies manufacturing nanotechnology products and equipment at the national level every year.
In its latest survey conducted in 2021, product sales and export information for 2020 of more than 320 manufacturing and service-providing companies active in the field of nanotechnology, whose products own Nanoscale certification from INIC were collected and verified through a census of nanotechnology companies and completing financial forms. The results obtained from the survey were also completed using market research methods based on the available valid facts.
May 28, 2022
Industrial
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