The multinational Boron Nitride Nanotubes (BNNT) market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
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 377 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.
Boron nitride nanotubes are also chemically inert, and can absorb neutron radiation. These properties make them useful as mechanical or thermal reinforcing additives for polymeric, ceramic and metallic composites. Additional applications of boron nitride nanotubes include use as protective shields, electrical insulators and sensors.
In the global Boron Nitride Nanotubes (BNNT) market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Tekna
BNNT
BN Nano
Nan Integris
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
70%-90% Purity
90%-98% Purity
≥98% Purity
In market segmentation by applications :
Advanced Aerospace Materials
Synthetic and Biomedical
Piezoelectric Material
Other
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 2020 - 2025?
• What are the driving forces in the Boron Nitride Nanotubes (BNNT) market for the forecast period 2020 - 2025?
• 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?