According to IMARC Group latest published report, titled “Fullerene Market Analysis: Global Industry Trends, Share, Price, 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.
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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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fullerene market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, shape, production method and end use industry.
Breakup by Product:
Breakup by Shape:
- Bucky Balls
- Nanotubes (Single-Wall and Multiple-Wall)
Breakup by Production Method:
- CVD/CCVD Process
- Arc Discharge Method
- Laser Ablation of Graphite
Breakup by End Use Industry:
- Electrical and Electronics
- Aerospace and Defense
Breakup by Region:
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
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The competitive landscape of the industry has also been examined with 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.
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