EUON Publishes Study Identifying Key Parameters for Conducting Reliable Market Studies on Nanomaterials
On July 17, 2018, the European Union (EU) Observatory for Nanomaterials (EUON) announced the availability of a study that it commissioned, Critical review of the relevance and reliability of data sources, methods, parameters and determining factors to produce market studies on manufactured nanomaterials on the EU market. The study presents the results of a critical review of the relevance and reliability of data sources, methods, parameters, and determining factors to produce market studies on manufactured nanomaterials on the EU market. According to EUON, based on a 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. The study also determined additional parameters for comprehensive studies that take into account more variables and interactions. EUON states that 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;
- Market share by region, country, or company;
- Market trends, such as consumption and demand; and
- Competitive scenarios and product portfolios of key vendors.
The researchers searched for data sources from 2011 to the present using publicly available online search tools, as well as the websites of relevant public authorities such as the European Chemicals Agency (ECHA), the European Commission (EC), and EU Member States. The report provides a list of the most relevant market studies and data sources. Researchers did not consider market studies conducted before 2011, as they preceded the EC’s recommendation on the definition of nanomaterials and their scope may not correspond to the current EU definition of a nanomaterial.