Study identifies key parameters for carrying out reliable market studies on nanomaterials
A study commissioned by the European Union Observatory for Nanomaterials (EUON) has reviewed data sources, methods and parameters for carrying out market studies on nanomaterials in the EU.
Helsinki, 17 July 2018 – Market studies can contribute to increased transparency about nanomaterials, their uses and their market trends. Based on the review of a number of existing market studies and further data sources, the study identified a set of basic parameters for producing reliable market studies on nanomaterials. Additional parameters were also determined for comprehensive studies that take into account more variables and interactions.
The parameters identified as providing a reliable basis for future market studies include:
- Market analysis by segmentation, such as by geographical region, application, end use or nanomaterial type
- Market forecasts and compound annual growth rate (CAGR)
- Market share by region, country or company
- Market trends, such as consumption and demand
- Competitive scenarios and product portfolios of key vendors.
The analysis was conducted on data made available between 2011 and 2018, collected by the researchers using publicly available online search tools and the websites of relevant public authorities such as ECHA, the European Commission and Member States.
The report provides a list of the most relevant market studies and data sources. Market studies conducted before 2011 were not considered, as they preceded the European Commission’s recommendation on the definition of nanomaterials and their scope may therefore not correspond to the current EU definition of a nanomaterial.