Finally, the first mass market adoption of a nanocarbon
1. Expansion and consolidation
However, IDTechEx expects this will also bring inevitable consolidation, look at a more mature additive like specialty carbon black where 3 companies easily hold over 50% of the market. The time for growth is now or expect to be left behind.
2. Price Reduction and Emerging Opportunities
This development has also led to an inevitable reduction in price, these are still high value, high performance products and larger scales of production facilitate process and supply chain efficiencies, reducing costs, but as we approach annual demand above 10,000 tonnes, prices will continue. Fall.
3. Another story for the SWCNTs
Likewise, there is continued progression in the early commercial phase of VACNT arrays, ultra-high aspect ratio nanotubes, filament yarns and nonwoven sheets with the emergence of new companies and solutions.
It took a while, but the narrative eventually went from a “advanced material with unique properties looking for a problem to solve“to a value-added product in a rapidly growing mass market.