News & Views
Market Report: The Global Market for Nanotubes to 2015
Feb 16 2010
Carbon nanotubes open up tremendous possibilities for materials enhancement in a wide range of markets. Contrary to most hyperbolic estimates, the current global market for carbon nanotubes has been measured by
Nanoposts.com at approximately $90.5million. At present nanotubes represent a niche materials additives market; but one with limitless revenue potential.
New functionalised nanotubes applications will come onto the market in the next few years that will greatly increase global revenues to $1.4 billion plus by 2015; driven mainly by the needs of the electronics and data storage, defence, energy, aerospace and automotive industries. As commercial-scale production ramps up, the significant decrease in cost for these high performance materials will also drive new applications. Up to now, most carbon nanotubes production has been on a pilot-scale level; however scale-up of production by large multinationals such as Arkema, Bayer Materials Science and Showa Denko and access to cheaper nanotubes from Russian and China will greatly increase commercialisation opportunities.
For more information on the 87 page report ‘The Global Market for Nanotubes to 2015: A realistic assessment’ go to www.nanoposts.com/index.php?mod=reports
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