Participent Name:- J.Balaji                                              Enrollment No:-1205NS195

Introduction:-

The stage is being set for a transformation of the chemical industry in the 21st century. The traditional boundaries separating chemistry and biology in production strategies is blurring and this is a growing trend. The advancement of materials and systems at the nano scale expanding.Leading chemical companies such as DuPont, Dow, Eastman Aventis (Hoechst and Rhone Poulenc merger), Novartis and Monsanto which will merge with Pharmacia-Upjohn are reinventing themselves as life Sciences companies or are using acquisitions and strategic alliances with companies like Genecor and Diversa to take advantage of the increasingly important role of biotechnology. Through biotech-based R&D these companies will likely grow and prosper throughout the coming century. Nanoscale science and engineering is the creation of functional materials, devices and systems through the control of matter on the nanometer (1 to 100+nm) length scale and the exploitation of novel properties and phenomena developed at that scale. Nanoscale materials are not new, but our understanding of them is. With better analytical techniques we are gaining a better understanding of the kinetic and thermodynamic conditions that give rise to nanoscale structures. The following table lists some examples of old nano-technologies which have been re-juvenated by the availability of better analytical tools.

Old technology

 

New technology

Carbon Block

 

Carbon Nanotubes

Fumed Silica

 

NEMS

Colloidal silver

 

Quantum dots

Zeolites

 

De-aggregated nanoparticles

Catalysts

 

Nanowires

 

Experts believe that the US chemical industry will offer a library of diverse, high quality nanomaterial building blocks (less than 100 nanometers) that can be synthesized by well-defined, economically viable manufacturing processes into materials with well characterized compositions, stable architectures and predicted properties. Reproducible, cost-effective and clearly defined methods of assembly will be available to incorporate nanomaterials into systems and devices designed to perform specified functions. Developments in nanotechnology will also enhance the role biotech plays. Examples include: the silicon nano interface, the carbon nano interface and functional materials based on these technologies. For example Dow Corning and Genecor have formed a partnership to explore nanoscale systems for biosensing devices and performance materials. Some of the companies involved in an industry partnership (Vision 2020) to advance nanotechnology are: Air Products, DuPont, Eastman, Honeywell, GE, Rohm and Haas, Dow Chemical, Cargill and Ciba Specialty Chemicals

The Chemical Industry Vision2020 Technology Partnership (Vision2020):-

The Chemical Industry Vision2020 Technology Partnership (Vision2020) is an industry-led partnership/process among public and private sector stakeholders in the chemical and allied industries. Stakeholders identify common problems and leverage technical expertise and financial resources to develop the critical enabling technologies of the future. Through collaborative efforts among industry, national laboratories, and academia, the Vis.Partnership fosters step-change technology innovation, which may be beyond the risk threshold of individual companies. Vision2020 is helping to maintain U.S. leadership as the worlds largest Chemical producer.

The Vision2020 process was launched in 1996 when company representatives created a Vision for the chemical industry's future and identified the key technical challenges that need to be overcome to realize that vision. Detailed roadmaps have been developed to outline research needs addressing many of these challenges. The roadmaps are used to guide academic and government funding and research in directions that will benefit the industry. An ongoing review process updates the vision and research priorities.

Nanotechnology is an important new research area. The chemical industry may be the only industry with R&D capabilities and expertise to commercialize nanotechnology advances. Consequently, the chemical industry should have a voice in the selection of R&D topics pursued by the Federal government. The chemical industry, along with the electronics industry, are the two industries that have the most to benefit from guiding the nanotechnology R&D funding.
Vision2020 is currently working to improve communication with nanotechnology funding agencies to make sure they are focusing on areas relevant to the industry. The systematic research in nanotechnology is just beginning. The infrastructure is forming. The integration of new phenomena into macroscopic systems is not yet being emphasized

Activity in Nanotechnology:-

What is the market size for Nanotechnology? The answer to this question is three-fold. What is the market size for microtechnology or nanotubes? What is the opportunity size for specific applications enabled by nanotechnology? What new markets can be created as a result of enabling nanotechnology? Capturing value is a major issue today for nanotechnology. Who will get the value the nanomaterials manufacturer or nanocomponents manufacturer or systems/applications supplier?

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