[EEtimes] China took the lead in carbon nanotube and graphene research and manufacturing, according to Lux Research, by adding to a global glut market, driving down prices, eroding margins, and likely causing an early shakeout in the fledgling industry.
Lux forecasts that the global graphene nanoplatlet and carbon nanotube demand in 2018 stands at 1,520 tons and 2,016 tons, respectively. However, China alone will be enough to feed total global graphene nanoplatlet demand until 2016.
The prices of graphene nanoplatlets and carbon nanotubes will continue to drop down once capacity and utilization climb, and the aggressive capacity expansion of Chinese companies will squeeze the profit margins of both nanomaterials.
China is funding around $2 billion from 2011 to 2015.
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Lux forecasts that the global graphene nanoplatlet and carbon nanotube demand in 2018 stands at 1,520 tons and 2,016 tons, respectively. However, China alone will be enough to feed total global graphene nanoplatlet demand until 2016.
The prices of graphene nanoplatlets and carbon nanotubes will continue to drop down once capacity and utilization climb, and the aggressive capacity expansion of Chinese companies will squeeze the profit margins of both nanomaterials.
China is funding around $2 billion from 2011 to 2015.
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