Advanced Ceramics / Ceramic Industry News

Global Revenues from Carbon Nanotube Market to Reach 22%

July 24, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

According to a new technical market research report, “Global Markets and Technologies for Carbon Nanotubes” from BCC Research, global revenues from carbon nanotube (CNT) production totaled $192 million in 2011. The market is projected to reach $238.9 million in 2012 and $527 million in 2016, a five-year compound annual growth rate (CAGR) of 22.4%.

The CNT market can be split into three segments based on grade: multi-wall, few-wall, and single-wall. The multi-wall segment was valued at $189 million in 2011 and is expected to account for $292 million in 2016, a CAGR of 9.1%. The few-wall segment, worth only $1.8 million in 2011, is expected to be worth $120 million in 2016, a CAGR of 131.6%. The single-wall segment was valued at $1.2 million in 2011, but by 2016 should be worth $115 million, another high CAGR at 149.1%.

Until recently, CNTs were available only in limited quantities at exorbitant prices, and only really catering to the research community. Today, large-scale quantities are becoming available at annual production capacities—kilograms, tons, and even thousands of tons, depending on the grade. Correspondingly, unit costs have plummeted and, with the promise of market breakthroughs, are expected to decline further within the next five years.

For additional information, visit www.bccresearch.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

April 2014 Issue Highlights

Our April 2014 issue is now available!

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI July 2014

2014 July

Our annual Data Book & Buyers' Guide is your best resource for suppliers of materials and equipment for the ceramic, glass, brick and related industries. Check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px