market expansion

What are the Challenges in Market Expansion?

While the potential is immense, several challenges need to be addressed for successful market expansion:
Regulatory Hurdles: Ensuring that nanomaterials are safe for humans and the environment is crucial. Regulatory frameworks must adapt to new developments.
Cost of Production: The high cost of producing nanomaterials can be a barrier to widespread adoption.
Public Perception: Educating the public about the benefits and safety of nanotechnology is essential for gaining acceptance.

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