GLOBAL MARKET FOR CNT GRADES BASED ON COMMITTED PRODUCTION,
2011-2016 ($ MILLIONS)
Source: BCC Research
Among the numerous categories in the evolving field of newly synthesized nanomaterials, carbon nanotubes (CNTs) are perhaps among the most dynamic and undergoing the most rapid pace of development. The past five years have witnessed relentless growth in the research, development and technological understanding of these remarkable materials. Universities, small businesses and start-ups, as well as large corporations, have continued to probe and exploit numerous commercial possibilities for these fascinating materials. As a result, the list of product applications is expanding considerably and is projected to do so well into the future.
The most tangible evidence for growth and interest is reflected by the emergence of new CNT producers now capable of offering CNTs in commercial-scale quantities - in kilograms, tonnes and even hundreds of tonnes, depending on the specific grade - at more affordable and increasingly competitive unit pricing. In addition, after several years of incubation, there is a new breed of more mature university spin-offs, or nanotechnology companies, targeting specific application sectors. Additional evidence of growth is the increasing presence of larger, more established corporations that recognize the future market opportunities offered by CNTs. Finally, over the past five years, there has been phenomenal growth in patent activity. In 2010 alone, the number of issued CNT-related U.S. patents reached 1,585, an increase of 54% over the previous year. In 2011, this increased more moderately, by 7.7%, but nonetheless reached an annual output record of 1,707. For patents pending, the situation is even more dramatic, with a cumulative backlog from 2001 to 2011 now totaling 16,775. For the current review period (2010 to 2011 total output alone reached 54% of the previous period (2001 to 2009).
In view of the technical momentum - representing a multibillion-dollar technology investment - and the enormous business potential, this report provides a timely update on CNTs - their level of technical maturity, where they are starting to penetrate the marketplace, and when and where the broadening market unravels.
The primary objectives of this report are threefold:
This updated report is divided into the following nine major chapters:
This report is primarily derived from the enormous amount of patent and technical literature relating to CNTs disclosed in the public domain. In addition, complementary information has also been drawn from the business community, such as company investment news, company profiles, press releases and personal telephone interviews with selected companies.
John Oliver, the author of this report, is the founder of Innov8 Solutions, which provides advanced materials consultation services to industrial clients. He has more than 30 years of industrial R&D experience in surface and colloid science spanning a wide range of materials technology. Primarily, 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 (IJP). In the past 10 years through his involvements with the Alberta Research Council and several Alberta universities, his interests have evolved into the realm of nanomaterials and microsystems device integration. He has a Ph.D. in Physical Chemistry from McGill University, and a BSc degree in Chemistry from Surrey University, U.K. His publications include more than 40 technical peer-reviewed technical articles and 20 patents.
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