The global fullerene market size reached USD 487.9 Million in 2020 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Rising use of functionalized fullerenes for cancer imaging and treatment and use in electronic batteries are factors projected to support market revenue growth between 2021 and 2028. In addition, increasing application of fullerenes in drug delivery and gene delivery will continue to boost revenue growth of the market going ahead. Many researchers prefer fullerenes because of several beneficial properties such as being very small and readily dispersed, having very excellent biocompatibility, and not losing the initial reactivity.
The report is inclusive of updated information about the current global economic situation in view of the COVID-19 outbreak. The global health emergency has led to several significant changes in the global economy, and subsequently, the Fullerene business sector. These changes have, therefore, brought about a large number of business risks and threats for the companies operating in this industry. Hence, the report offers an overall assessment of this ever-evolving market and closely studies the present and future effects of the pandemic on this market.
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The report offers a detailed analysis of the threats, opportunities, and competitive landscape of the industry. The report focuses on the key players of the Fullerene industry and provides comprehensive profiling of the players that includes Mitsubishi Chemical Holdings Corporation, Nano-C, Inc., Merck KGaA, Nanocyl SA, Otto Chemie Pvt. Ltd., Tokyo Chemical Industry UK Ltd., MTR Ltd., Nanostructured Amorphous Materials, Inc., Sisco Research Laboratories Pvt. Ltd., and SES Research Inc.Furthermore, the report offers insights into the strategic business decisions undertaken by the key players to gain substantial market size and a leading global position. It sheds light on their production and manufacturing capacity, market size and share, revenue and gross margins, and business overview to offer a better understanding of the competitive landscape of the Fullerene sector. The report offers a detailed analysis of the industry competition on both regional and global levels.
Market Segmentation:-
Emergen Research has segmented global fullerene on the basis of type, production method, shape, end-use, and region:
Type Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
C60
C70
C76
Others
Production Method Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
Arc Discharge Method
CVD/CCVD Process
Laser Ablation of Graphite
Others
Shape Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
Nanotubes
Bucky Balls
Nano-rods
End-use Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)
Aerospace Defense
Electrical Electronics
Healthcare
Energy
Others
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Some Key Highlights from the Report
C70 segment is expected to register steady revenue CAGR during the forecast period as C70 fullerenes is widely used in natural photovoltaics and cancer preventive agents.
Electrical electronics segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising usage of fullerenes in electronics including diodes, transistors, photocells, and others.
North America is expected to register substantial revenue growth rate in the global fullerene market over the forecast period due to robust presence of leading market players including Nanostructured Amorphous Materials, Inc., Nano-C, Inc., and SES Research Inc. are among others, in countries in the region.
Research Report on the Fullerene Market Addresses the Following Key Questions:
Who are the dominant players of the Fullerene market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Fullerene market?
What are the key growth drivers and restraining factors of the Fullerene market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
Key Regional Markets Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Fullerene market, including the global and regional analysis of the market. The study covers critical information and factual data about the Fullerene industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Fullerene market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Fullerene industry.
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