Nanotechnology – and the nanomaterials that are the root of the nanotechnology value chain – has taken hold in many industries, as corporate, government, and venture capital funding have driven spending on nanotech R&D to $13.5 billion. Despite some applications that failed to live up to the hype, emerging nanotechnology was used in $147 billion worth of products in 2007, and will impact $3.1 trillion in manufactured goods in 2015. Large companies are taking a more selective approach to nanotech, while concerns that have hampered the field – like potential environmental, health, and safety risks, and misbeotten specialist strategies – are moving towards resolution.
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