Benchmarking is crucial for multiple reasons: 1. Performance Evaluation: It allows researchers and manufacturers to assess the performance of new nanomaterials and devices against existing ones. 2. Quality Assurance: Ensures that products meet specific quality and safety standards. 3. Innovation Tracking: Helps in tracking the progress of technological advancements and identifying areas for improvement. 4. Regulatory Compliance: Assists in meeting the regulatory requirements set by governments and international bodies. 5. Market Competitiveness: Enables companies to stay competitive by comparing their products with industry leaders.
