Nanomaterials, often smaller than 100 nanometers, have unique properties making them useful in pharmaceuticals, electronics, and environmental remediation. The global market for nanotechnology is rapidly expanding, projected to exceed $125 billion by 2024, with numerous new products emerging weekly. However, the regulation of these materials in consumer goods remains insufficient. Emerging studies suggest nanomaterials can bioaccumulate in aquatic systems and may also enter the human body, raising concerns about potential health and environmental impacts that have yet to be fully addressed.
Nanomaterials, defined by a size of less than 100 nanometers, exhibit unique properties beneficial for pharmaceuticals, electronics, and environmental applications, prompting rapid market growth.
The global nanotechnology market is projected to surpass $125 billion by 2024, with a consistent influx of new consumer products utilizing engineered nanomaterials.
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