New Nanotube Applications to Increase Global Revenues to $1.4 billion by 2015

Oct. 9, 2009 - PRLog -- Report Buyer, the online destination for business intelligence for major industry sectors, has added a market report

According to the report “The Global Market for Nanotubes to 2015: A realistic assessment” available at http://www.reportbuyer.com/go/TTC00087 carbon nanotubes open up tremendous possibilities for materials enhancement in a wide range of markets. Contrary to most hyperbolic estimates, this report puts the current global market for carbon nanotubes 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 multi-nationals such as Arkema, Bayer MaterialsScience and Showa Denko and access to cheaper nanotubes from Russian and China will greatly increase commercialisation opportunities.

The 87 page report provides in-depth coverage of one of the most active and commercially important areas of nanotechnology and includes:

* Global revenue figures and projections 2006-2015 across all markets
* Key drivers across all markets
* Products, applications and market trends
* Profiles of over 80 major and minor companies developing commercial    applications of nanotubes.

The report “The Global Market for Nanotubes to 2015: A realistic assessment” is available from Report Buyer at:
http://www.reportbuyer.com/computing_electronics/electric...

Report Buyer product ID: TTC00087

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