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| The main application of this product is plastic nanocomposites. The application of the nanocomposites is in automotive and fire retardant applications. The product has been in the market for 10 years. The market segments targeted are appliance, construction, electrical, food packaging and transportation sectors. The pricing policy of the product depends on the polymer used and functional group attached. The company has 42 patents protecting its technology with 3 applications pending approval. According to ECC the nanocomposites market is expected to be 24.4% average annual growth in the next few years. | ||
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