Boron Nitride Nanotubes (BNNT) Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030
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 report offers detailed coverage of Boron Nitride Nanotubes (BNNT) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Boron Nitride Nanotubes (BNNT) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Boron Nitride Nanotubes (BNNT) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Boron Nitride Nanotubes (BNNT) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Tekna
BNNT
BN Nano
Nan Integris
At the same time, we classify Boron Nitride Nanotubes (BNNT) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
70%-90% Purity
90%-98% Purity
≥98% Purity
Market by Application
Advanced Aerospace Materials
Synthetic and Biomedical
Piezoelectric Material
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
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?
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