Liability Risk and Insurance
Nanotechnology: Recent Developments, Risks and Opportunities
By the Lloyd’s Emerging Risks Team
A potentially large market
The report focuses on nanotechnology; a class of products containing materials built on the atomic scale. Nanotechnology represents
an entire scientific and engineering field, and not just a single product or even group of products. Market research suggests
that products valued between $30bn - $200bn contained nanotechnology in the year 2005. One estimate by the Lux Research says
that 15% (by value) of all products will contain nanotechnology by the year 2014.