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Chapter 1

INTRODUCTION

NANOMAGNETICS: MATERIALS, DEVICES AND MARKETS

NAN033BApril 2013

Lori TuckerProject Analyst

ISBN: 1-56965-191-4

BCC Research49 Walnut Park, Building 2Wellesley, MA 02481866-285-7215, 781-489-7301www.bccresearch.comCustom Reports:[email protected]

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NAN033B - Nanomagnetics: Materials, Devices and Markets

Copyright BCC Research, Wellesley MA USA, Website: www.bccresearch.com 2

CHAPTER 1

INTRODUCTION

STUDY GOALS AND OBJECTIVES

In 2007, the Nobel Prize Committee stated that, Giant magnetoresistance (GMR) can be

considered one of the first real applications of the promising field of nanotechnology.

Nanomagnetic materials and products in general and GMR in particular still represent the

most mature and widely used examples of nanotechnology and nanoscale materials. With

this promise in mind, the primary objective of this report is twofold: to identify current,

emerging and futuristic applications for nanomagnetic materials and devices, and to

evaluate actual and potential markets by application and type.

REASONS FOR DOING THE REPORT

The properties of nanostructured magnetic materials and devices are extraordinarily

different from those of conventional magnetic systems. Esoteric technical terms such as

exchange coupling, giant magnetoresistance, single-domain behavior,

superparamagnetism and tunneling magnetoresistance all describe some of the unique

characteristics and behavior obtainable from nanomagnetic particles, films and bulk

materials.

Interesting science is nice, certainly, but practical, revenue-generating applications are

even better. It turns out that the properties of nanomagnetic systems are enabling a

variety of actual and potential commercial uses, from data storage technology andnonvolatile memory to industrial sensors and cancer treatment.

Some nanomagnetic products have been on the market for years or even decades, while

others have yet to reach commercialization. The gamut of these nanomagnetic materials

and devices is covered in this report, including products based on particles or dispersions,

nanoscale thin films and bulk nanostructured materials.

Current and future applications of nanomagnetic materials and devices directly impact

biotechnology, industrial products and information storage. Some products, especially in

the area of magnetic storage media, rely exclusively on nanomagnetic materials. Other

products could be revolutionized by recent nanomagnetic material and processing

developments.

SCOPE OF THE REPORT

This report greatly expands and updates BCC Researchs 2004 report on nanomagnetics,

materials and devices, including forecasted market growth and applications though 2017

in the following technology and applications:

Sensors:qBiosensors and bioassays.r

Giant magnetoresistive (GMR) sensors.r

Separationq

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Imagingq

Data storage:q

Magnetic tapes.r

Hard disks.r

Recording heads.r

Magnetoresistive random access memory (MRAM)r

Medical and geneticsq

Others:q

Nanocrystalline soft magnetic cores.r

Magnetic fluids seals.r

Thermal transferr

Catalystsr

Environmental remediation.r

METHODOLOGY

The report identifies current, emerging and experimental applications and evaluates

actual and potential markets by application and type.

Throughout the report, past market data is expressed in current dollars, and estimates

and projections are in constant 2012 dollars. Historic 2011 markets and the projected

markets for 2012 and 2017 are provided. Most market summaries are based on a

consensus scenario. Pessimistic, consensus and optimistic market scenarios characterize

several developmental markets. Totals are rounded to the nearest million dollars. When

appropriate, information from previously published sources is identified to allow a more

detailed examination by clients.

The study also includes a discussion on both public and private companies active in

research and/or development, to include company profiles, applicable patents and

geographical trends and forecasts.

INTENDED AUDIENCE

This study is a valuable resource for those who need to understand the technological and

market impact of magnetic materials and devices based on nanotechnology, and fordecision makers in companies or institutions that:

Manufacture, process or sell magnetic nanomaterials, includingq

nanoparticles, microspheres, ferrofluids, thin films and bulk materials.

Develop or fabricate devices based on nanomagnetic materials, such as GMRq

heads, hard disks, MRAM or biosensors.

Are seeking partners for their nanomagnetic commercialization efforts.q

Provide consulting, public relations or other services to the nanotechnologyq

community.

Are planning to make investments or acquisitions in the nanotech space.q

Produce or market conventional magnetic materials and devices.q

Develop competing technologies or products in areas in which nanomagneticq

materials and devices will have (or are already having) an impact, including:

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Biomedical imaging agents.r

Biosensors or bioassays.r

Bioseparations media or equipment.r

Data, video and audio storage products.r

Drug delivery and disease treatment technologies.r

Industrial seals.r

Industrial sensors.r

Nonvolatile memory.r

Soft magnetic cores.r

INFORMATION SOURCES

The information and analyses contained in this document are based on both primary and

secondary sources of information. Dozens of industry participantsexecutives,

salespeople, managers, engineers and otherswere interviewed by telephone and email

to obtain information for this study, including company statistics, technical details,

viewpoints about industry issues and input about market data and trends. Other

information was gleaned from the U.S. Patent and Trademark Office online database,

annual reports and other SEC filings, company press releases and websites, scientific and

trade publications and BCC Research reports and newsletters.

ANALYST CREDENTIALS

Lori Tucker has more than 13 years of experience in market analysis, technical andtechnology documentation, and business research including work at Bechtel and the

Houston Chronicle. She has extensive experience in business, government and academic

procurement and contracting.

RELATED REPORTS

NAN028A Nanocatalystsq

NAN032A Nanofilms: Markets and Technologiesq

NAN031E Nanotechnology: A Realistic Market Assessmentq

NAN030A Nanomaterials in Nanoelectronicsq

NAN017F Nanostructured Materials: Electronic/Magnetic/Optoelectronicq

NAN024E Global Markets and Technologies for Carbon Nanotubesq

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BCC ONLINE SERVICES

BCC offers an online information retrieval service. BCCs home page, located at

www.bccresearch.com, enables readers to:

Examine BCCs complete catalog of Business Opportunity Reports and placeq

direct orders.

Subscribe to any of BCCs many industry newsletters.q

Read announcements of recently published reports and newly launchedq

newsletters.

Register for BCCs well-known conferences.q

Request additional information on any BCC product.q

Take advantage of special offers.q

DISCLAIMER

The information developed in this report is intended to be as reliable as possible at the

time of publication and of a professional nature. This information does not constitute

managerial, legal or accounting advice; nor should it serve as a corporate policy guide,

laboratory manual or an endorsement of any product, as much of the information is

speculative in nature. The author assumes no responsibility for any loss or damage that

might result from reliance on the reported information or from its use.

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