Iran’s Nano Market Witnesses 97 Percent Growth in 10 Years
The average annual growth rate of 97% in the nano market means that the sales volume of nano-based products in Iran has doubled almost every year. This significant growth occurred while the largest jump was recorded in 2020 with a growth of 160%, and the growth in 2023 with 102%, exceeding the set targets (40%).
Despite the impact of factors like the increase in the exchange rate and inflation on the country’s economic indicators since 2017, Iran’s nanotechnology market has continued to enjoy sustained growth, and even the share of exports in this field reached 57,100 billion rials in 2023 (equivalent to 9.2% of the total market).
In addition to the product market, the nanotechnology equipment market has also grown significantly in recent years, specially in 2020, 2021, and 2023. As in 2023, after a period of decline, it experienced a growth of nearly 60%, and devices like ‘freeze dryers’ and ‘sputtering coating’ have been at the top of the best-selling equipment.
These statistics provide a clear picture of the dynamism, exports capacity, and upward trend of nanotechnology in Iran, which can be the basis for larger policymaking in the field of science, technology, and knowledge-based economy.
Iran has made nanotechnology a priority in recent years, achieving remarkable success. The nanotechnology research website StatNano has ranked Iran as fourth in the world in nanotechnology publications.
Relevant reports said in July that a total of 299 nanotechnology articles from Iran were published in the world’s top journals in 2024, which showed a 26% increase compared to the previous year.
Also, the share of Iran's joint nano articles with other countries in 2024 was 32%, and the five countries of China, the US, Turkey, Iraq, and India, respectively, had the most contributions to these joint articles with Iran.
Meantime, in 2024, 10,860 articles related to nanotechnology were indexed by Iranian researchers in the Web of Science database, which is equivalent to 4.2% of all nanotechnology articles published in the world this year. With this amount of scientific production, Iran ranked sixth in the world, down one place compared to the previous year.
The share of Iran's joint nanotechnology-related articles with other countries in 2024 was 32%, and the five countries, China, the US, Turkey, Iraq, and India, respectively, had the most contributions to these joint articles with Iran.
In terms of the number of nanotechnology articles relative to the population (per capita), Iran ranked 23rd in the world in 2023, and ranked first in the world in terms of the number of nanotechnology-related articles per gross domestic product (GDP) based on purchasing power parity (PPP).
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