Boron Nitride Nanotubes (BNNT) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
10312 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : RI
Boron nitride nanotubes (BNNTs) are structurally analogous to carbon nanotubes (CNTs) and possess equally impressive mechanical properties along with a different set of multifunctional properties including higher thermal stability than CNTs, wide band gap, electrical insulation, polarizability, high neutron absorption cross-section, and transparency in the visible region.
The global production of BNNTs increased from 117.8 g in 2013 to 35954.9 g in 2018, at a CAGR of 213.99%.The global BNNTs market is valued at 38449.38 K USD in 2017 and is expected to reach 65903.93 K USD by the end of 2030, growing at a CAGR of 6.97% between 2017 and 2030. North America plays an important role in global BNNTs market, especially United States, which has great influence on the development of BNNTs. The industry originated in the United States, and the United States has an absolute market share in the global market.
Boron nitride nanotubes reinforced with polymers have been shown to be even stronger than carbon nanotube composite counterparts. Like carbon, boron nitride can form single atom thick sheets that can roll up into cylinders to create nanotubes. Boron nitride nanotubes alone are almost as strong as carbon nanotubes, but their real advantage in a composite material is how strongly they can bind polymers. However, the major drawback of boron nitride nanotubes is their cost. They sell for about 1100 USD/per gram in 2017, while carbon nanotubes cost between $10 and $20 per gram. The main reason boron nitride nanotubes are so expensive is because production volumes are still low. How to improve production efficiency is the key to reducing costs.
The Global Boron Nitride Nanotubes (BNNT) Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Boron Nitride Nanotubes (BNNT) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Tekna
BNNT
BN Nano
Nan Integris In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
70%-90% Purity
90%-98% Purity
≥98% Purity In Market segmentation by applications :
Advanced Aerospace Materials
Synthetic and Biomedical
Piezoelectric Material
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Boron Nitride Nanotubes (BNNT) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Boron Nitride Nanotubes (BNNT) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Boron Nitride Nanotubes (BNNT) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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