Los Angeles, CA -- (SBWIRE) -- 04/13/2019 -- 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 2025, growing at a CAGR of 6.97% between 2017 and 2025. 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.
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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 $20 per gram. The main reason boron nitride nanotubes are so expensive is because production volumes are still low. How to improve production efficiency is the key to reducing costs.
The global Boron Nitride Nanotubes (BNNT) market was 38 million US$ in 2018 and is expected to 66 million US$ by the end of 2025, growing at a CAGR of 7.0% between 2019 and 2025.
This report studies the Boron Nitride Nanotubes (BNNT) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Boron Nitride Nanotubes (BNNT) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Tekna
BNNT
BN Nano
Nan Integris
By the product type, the market is primarily split into
70%-90% Purity
90%-98% Purity
?98% Purity
By the end users/application, this report covers the following segments
Advanced Aerospace Materials
Synthetic and Biomedical
Piezoelectric Material
Other
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