The principles of green nanotechnology focus on using environmentally friendly materials, energy-efficient processes, waste reduction, and the development of recyclable and biodegradable nanoproducts.
According to the National Library of Medicine (NLOM), nanotechnology has the potential to contribute significantly to environmental and climate protection by conserving resources, reducing greenhouse gas emissions, and minimizing hazardous waste.
The NLOM states that green nanotechnology, specifically in phytoformulations, plays a crucial role in environmental sustainability by producing nanomaterials and nanoproducts without harming human health or the environment.
Green nanotechnology also promotes sustainability by reducing the use of hazardous materials, improving water and air purification, and aiding in the early detection and mitigation of ecological issues. It incorporates Indic wisdom to create phytomedicines, advanced functional foods, and functional beverages.
Furthermore, green nanotechnology can enhance energy efficiency through the development of advanced batteries and supercapacitors, leading to longer-lasting and more efficient portable electronics, electric vehicles, and renewable energy systems.
Combining the principles of sustainability and nanotechnology, green nanotechnology aims to create environmentally friendly solutions by utilizing the unique properties of nanomaterials.
The impact of green nanotechnology on everyday lives is expected to be significant, transforming various aspects of our routines. The market for green nanotechnology is projected to reach $417.35 billion by 2030, driven by a compound annual growth rate of 21.6% from 2022 to 2030, reflecting the increasing environmental concerns.
However, entering the field of green nanotechnology can be challenging due to various barriers. Despite this, the market is poised for substantial expansion as the demand for sustainable solutions continues to grow.
Date: 2023-07-14
