As nanotechnology is advancing, so is the extension for its business development. The extensive variety of potential items and applications gives nanotechnology its tremendous development prospects. It has been estimated that the worldwide nanotechnology industry will develop to reach US$ 75.8 Billion by 2020. In such a situation, tremendous open door lies for industry members to tap the quickly developing business sector. Significant contributions are expected to environmental and climate protection from Nanotechnological products, processes and applications are expected to by saving raw materials, energy and water as well as by reducing greenhouse gases and hazardous wastes. Usage of nano materials promises certain environmental benefits and sustainability effects.