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Nanochemicals Deliver Advanced Coatings and Specialty Chemicals, Business and Industry Trends Analysis

The micro-scale science of nanotechnology may be in its infancy, but it offers great promise in the chemicals and coatings sector nonetheless.  Nanotech advances will eventually affect everything from LEDs, where brighter monitors and displays may be possible, to slicker, denser paints for industrial, marine and architectural applications.
Watch for rapid changes within the specialty chemicals sector, as many factors with the potential for driving the industry in new directions are at work.  These include a growing use of biotechnology to create biochemical products such as enzymes and solvents; consolidation, mergers and acquisitions on a worldwide basis; high raw components costs; increased environmental regulations and concerns; rapid growth in demand for plastics and other chemical products; the rise of nanotechnology in such chemicals sectors as composites, coatings and exotic materials; technological breakthroughs in such areas as ceramics; and the rapid rise of China as both a producer and consumer of chemicals and chemical products.  BASF has a growing portfolio of nanochemicals for textiles, paints, cosmetics, electronics, insulation and lighting.


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