Markets for carbon nanotubes, ceramic nanoparticles, nanocomposites and coatings have been dented following the downturn in the construction, electronics and automotive industries. But according to a report released last week, they should recover swiftly.

The report, by Lux Research, a market-analysis company in New York, projects that the revenue from products incorporating nanotechnology will reach US$2.5 trillion worldwide in 2015 — a cut of 21% from the company's July 2008 projection.

But in a few years, revenue from affected nanomaterials and intermediates will bounce back to approach the previous estimates, the report says. And it notes that expected growth for nano-related products in the health-care and life-sciences sectors has hardly been affected by the recession.