What are the Challenges in Commercializing Nanotechnology?
Despite its potential, the commercialization of nanotechnology faces several challenges. These include:
Regulatory Issues: Ensuring that nanomaterials are safe for human health and the environment is crucial. Regulatory frameworks need to be established to address the unique properties of nanomaterials. Production Scale-Up: Scaling up the production of nanomaterials from the laboratory to industrial scale while maintaining quality and consistency is a significant challenge. Cost: The high cost of nanomaterials and nanotechnology-enabled products can be a barrier to widespread adoption. Public Perception: There is a need to raise awareness and educate the public about the benefits and safety of nanotechnology to overcome skepticism and resistance.