The State of MWNTs: From Damascus to Motown

April 29, 2010 | State of the Market Report

The multi-walled carbon nanotube (MWNT) landscape is transforming, with leaders and new entrants performing massive scale-up. Global production capacity will increase by over four times by the end of 2011 compared to 2008 levels, and suppliers expect prices to drop to $50/kg as a result. With improved economics, continued technological development, and global warming heating up demand for fuel-efficient cars and renewable energy, demand for MWNTs will grow from 158 tons in 2009 to 4,138 tons in 2020, expanding the market for MWNTs and its nanointermediates from $75 million to $513 million – though growth will not come easily.

Coverage Areas

  • Accelerating Materials Innovation
  • Nanotechnology

Table of Contents

  • Executive Summary
  • Landscape
    Massive scale-up propels leaders forward and opens doors for multi-walled carbon nanotubes.
  • Analysis
    The market for multi-walled nanotubes will hit $513 million in 2020, but growth over the next decade will not come easily.
  • Outlook
  • Endnotes

Lead Analyst

David Hwang
Analyst
+1 (646) 805-9474

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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