Fifty Five Companies Enjoy Biggest Share in Iran’s Nanotechnology Market
10:50 - February 17, 2023

Fifty Five Companies Enjoy Biggest Share in Iran’s Nanotechnology Market

TEHRAN (ANA)- Figures show that 55 Iranian companies were in possession of over 90% of the total volume of Iran's nanotechnology market in the past Persian calendar year (ended on March 20, 2022).
News ID : 1653

Among the 55 Iranian companies which controlled 90% of the nanotechnology market, three companies had nearly 20% of the market and 52 other companies were in possession of 70% of the market last year.

The three companies have had sales of more than one thousand billion tomans (Iranian currency) and the next 52 companies had sales between 100 and one thousand billion tomans.

Also, 58 companies with sales between 10 and 100 billion tomans had nearly 8% of the market’s share, and 77 companies with sales between 1 and 10 billion tomans had 1.4% of the market.

Some 324 nano-based companies existed in Iran in the past year which shows a good growth from 282 companies in the previous year.

The total domestically-produced nanotechnology products in Iran in the past year was worth 203,462 billion rials, of which 93%, i.e. 189,266 billion rials, was presented to the domestic market and 7%, i.e. 14,195 billion rials, was exported.

According to Iran Nanotechnology Innovation Council, the value of the sales volume of Iran's nano products in the past Iranian year was equal to $888.5 million.

One of the industries that has experienced astonishing growth in Iran in the past few years and indicates the country's scientific development is the nanotechnology.

The development of plans to export nano products in recent years and the creation of nano export bases in China, India, Indonesia, Syria, Turkey and Iraq have provided a platform for presenting the Iran-made nanotechnology goods, equipment and services to the global market.

Iran's nano products have been exported to 49 countries in 5 continents, so far.

Iran has made nanotechnology a priority in recent years, achieving lots of success. In January 2022, the nanotechnology research website StatNano ranked Iran as fourth in the world in nanotechnology publications. 

“The number of scientific articles is deemed a significant parameter for measuring and comparing scientific development,” read the StatNao report. 

China was atop the rankings, followed by the United States, India and Iran. 

Some other entities have also recognized Iranian contributions to the field. In February 2022, the American Institute of Physics published a scholarly article on the use of nanomaterials for cancer treatment by Iranian scientists. 

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