Global Markets and Technologies for Carbon Nanotubes
The global market for CNT primary grades was $158.6 million in 2014. This market is projected to reach $167.9 million in 2015 and $670.6 million in 2019, with a compound annual growth rate (CAGR) of 33.4% from 2014 to 2019.
- An overview of the global markets and technologies for carbon nanotubes (CNTs).
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on the history, production methodology, and unique properties of various forms of CNTs.
- Emphasis on major application challenges CNTs face.
- Examination of the market's dynamics, specifically growth drivers, restraints, and opportunities.
- Assessments of the latest progress and the technical readiness of major application sectors including composites, electronics, energy storage, membranes, sensors, and other applications.
- An extensive search/analysis of U.S. issued and pending patents (along with Canadian, European and WPTO databases where there is no USPTO presence.
- Details concerning the competitive landscape and the industry's structure, as well as profiles of major players in the carbon nanotube industry.
SCOPE OF REPORT
Following the Introduction and Executive Summary chapters, this updated report is then divided into nine major chapters as described below.
Chapter Three, Technology Overview, defines CNTs, outlines their history, describes the production methodology, identifies the unique properties of various forms of CNTs and emphasizes the major application challenges.
Chapter Four, Patent Analysis, provides an extensive search/analysis of U.S. issued and pending patents (along with Canadian, European, and World Patent & Trademark Office databases where there is no USPTO presence) and a collation of the main technical/application sectors and identifies the most active organizations—U.S. and foreign—driving CNT technology.
Chapter Five, Industry Structure and Competitive Analysis, identifies current producers, progress in continuous production scale-up, and market segmentation, and provides industry profiles of the major players.
Chapter Six, Markets by Application, represents the body of the report, assessing the latest progress and technical readiness in the major application sectors of composites, electronics, energy storage, membranes, sensors and other applications.
Chapter Seven, Global Market Analysis, estimates five-year potential revenues of all notable CNT producers.
Chapter Eight, North American Market Analysis, estimates five-year potential revenues of U.S. and Canadian CNT producers.
Chapter Nine, European Market Analysis, estimates five-year potential revenues of European CNT producers.
Chapter Ten, Asian Market Analysis, estimates five-year potential revenues of Asian CNT producers.
Chapter Eleven, Market Pull: Prognosis for Global CNT Applications, identifies the most promising applications realizable based on the leading proponents, technical readiness and market interest.
John Oliver is the founder of Innov8 Solutions, which provides advanced materials consultation services to various clients. He has more than 30 years of industrial research and development experience in surface and colloid science, spanning a wide range of materials technology. Working as a senior scientist at Xerox Research Centre of Canada he developed an invaluable understanding in advanced materials used in digital printing technologies such as xerography and ink-jet printing. Following his involvements with the Alberta Research Council and several local universities, his interests have evolved into the realm of nanomaterials used in microsystems device integration.
He has a Ph.D. in Physical Chemistry from McGill University, and a BSc degree in Chemistry from the University of Surrey. His publications include more than 40 peer-reviewed technical articles, 20 patents and one book on Adhesion in Cellulosic and Wood-Based Composites. Between 2005 and 2009, he was the editor of BCC Research's bimonthly Nanoparticle News and has authored ten BCC Research technical reports.
The global market for various carbon nanotubes (CNT) grades was $192 million in 2011. In 2012, it is estimated to generate nearly $239 million in revenues, and projected to grow over the next five years at a compound annual growth rate (CAGR) of 22.4%, reaching $527 million by 2016.
Global market for CNT grades based on committed production reached $103 million in 2009. This market is projected to reach $167.2 million in 2010 and $1 billion in 2014 at a compound annual growth rate (CAGR) of 58.9%
Multi-wall CNT grade market is nearly $103 million in 2009. This market is projected to reach $161 million in 2010 and $865.5 million in 2014, for a 5-year compound annual growth rate (CAGR) of 53.1%.
Few-wall market was down in 2009 to $0.79 million. This market is projected to reach approximately $6 million in 2010 and to reach $62.5 million in 2014, for a 5-year compound annual growth rate (CAGR) of 139.7%.
The global market for carbon nanotubes was worth $50.9 million by the end of 2006 and will reach $79.1 million by 2007. At a compound annual growth rate (CAGR) of 73.8%, this booming market will reach $807.3 million by 2011.
Composites held the largest share of the market by a wide margin. In 2006 they were worth more than $43 million, more than 80% of the total global industry. By 2011, this sector will be worth $451.2 million,
Though its values in 2006 and 2007 were negligible, energy applications for CNT have an astronomical potential for growth, with a CAGR of more than 300% through the forecast period. Energy CNTs will be worth $53 million by 2011.
The estimated volume volume of research based on nanotubes (both single wall and specialty multiwall nanotubes) that have been produced worldwide to date, range from 10 to 20 kg, with a value of approximately $5 to $10 million. This report uses a figure of 22.1 kg in 2002, with a value of $7.2 million.
Multiwall nanotubes for modifying polymers are now sold in million-pound plus quantities.
Nanotubes may see near-term use in military, consumer and industrial products.
Long-term applications of nanotubes can easily exceed several billion dollars, but when, is debatable.
Nanotubes, cylinders of carbon atoms with diameters ranging from 1 nm to 300 nm, are some of the strongest, stiffest materials known. Furthermore, these materials are either conductors or semi-conductors, depending on their structure and environment. Nanotubes have some physical properties that have no counterpart in macroscopic materials.
With advances in synthetic techniques and the ability to characterize materials readily on an atomic scale, interest has been piqued in nanometer-size materials. Since nanometer-size grains, cylinders, and plates have dramatically increased surface areas compared to their conventional-size materials, the chemistry of these nano-size materials is altered compared to conventional materials.
Macroscopic carbon compounds, such as diamond and graphite, have been known for centuries. These two forms of carbon compounds have been used in various applications ranging from lubricants to wear-resistant coatings. Although these materials have been available for many years, new applications of these materials are still being discovered today. It is clear that both graphite and diamond are economically important materials.