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Tiny substances called nanomaterials have moved into the marketplace over the last decade, in products as varied as cosmetics, clothing and paint. But not enough is known about their potential health and environmental risks, which should be studied further, an expert panel of the National Academy of Sciences said on Wednesday.

Nanoscale forms of substances like silver, carbon, zinc and aluminum have many useful properties. Nano zinc oxide sunscreen goes on smoothly, for example, and nano carbon is lighter and stronger than its everyday or “bulk” form. But researchers say these products and others can also be ingested, inhaled or possibly absorbed through the skin. And they can seep into the environment during manufacturing or disposal.

Nanomaterials are engineered on the scale of a billionth of a meter, perhaps one ten-thousandth the width of a human hair, or less. Not enough is known about the effects, if any, that nanomaterials have on human health and the environment, according to a report issued by the academy’s expert panel. The report says that “critical gaps” in understanding have been identified but...