According to IMARC Group latest published report, titled “Fullerene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” Offers a comprehensive analysis of the industry, which comprises insights on global fullerene market . The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Fullerenes are allotropes of carbon with a hollow core and varying molecular structures, resembling a sphere, cylindrical tube, or cube through their bonds. They are commonly adopted in the development of polymer electronics, antioxidants, biocatalysts, skin creams, and biopharmaceuticals. Fullerenes are also used in anti-viral doses and photodynamic therapy to target malignant or altered cells.
Market Trends
The rising prevalence of AIDS has propelled the need for fullerene based on its anti-viral properties that mitigate the replication of Human Immunodeficiency Virus (HIV). Furthermore, the increasing utilization of fullerene in cosmetic products to prevent skin damage, premature aging, acne, and rashes caused by exposure to harmful chemicals, is also catalyzing the market growth. Moreover, the growing number of advanced solar power plants has increased the usage of fullerenes in organic photovoltaic (PV) cells as they act as electron acceptors and donor materials. Additionally, the rising adoption of fullerene and its derivatives as an alternative to steel across the automotive, defense, aerospace, and electronics sectors, will continue to drive the market growth in the coming years.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the key players being ApNano Meterials Inc. (Nanotech Industrial Solutions), BuckyUSA, IoLiTec – Ionic Liquid Tecgnologies GmbH, Mitsubishi Chemical Holdings, MTR Ltd., Nano-C, , SES Research Inc. and TermUSA.
The report has segmented the market on the basis of Product, Shape, Production Method, End User and Region.
Breakup by Product:
C60
C70
C76
Others
Breakup by Shape:
Bucky Balls
Nanotubes (Single-Wall and Multiple-Wall)
Nano-Rods
Breakup by Production Method:
CVD/CCVD Process
Arc Discharge Method
Laser Ablation of Graphite
Others
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Breakup by End Use Industry:
Electrical and Electronics
Pharmaceuticals
Medical
Aerospace and Defense
Energy
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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