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Production & Commercialization Critical to Reduce Prices
and Generate Greater Demand for Carbon Nanotubes
ALTO, Calif.--(BUSINESS WIRE)--Aug. 3, 2004--With application
segments demanding commercial access to reasonably-priced materials,
carbon nanotube (CNT) companies are realizing the importance
of expanding their manufacturing capacity to enjoy the benefits
of greater demand through reduced prices.
New strategic analysis from Frost & Sullivan (www.semiconductors.frost.com),
An Assessment on the Future of Carbon Nanotubes, reveals that
revenue in this industry totaled $35 million in 2003 and is
projected to reach $540 million by 2007.
"Limited capital, uncertainty of incremental demand and
ambiguity clouding the return on investment delayed the initial
decision to increase production capacity; however, positive
signals on CNT adoption from various application segments are
encouraging companies to strive for refinement in manufacturing
processes and maximize their production yields," explains
Frost & Sullivan Senior Research Analyst Deepa Doraiswamy.
Mass production faces the challenges of complexity and costs,
the impact of which is felt more in the single walled carbon
nanotubes (SWCNT) market than in multi walled carbon nanotubes
(MWCNT) market. Despite its higher price margins, SWCNT are
gaining prominence in applications that demand high purity and
faster response times.
Thus CNT companies are propelled toward improving the different
synthesis procedures such as chemical vapor deposition, arc
discharge, and catalytic methods for efficient manufacturing.
Some companies have even developed proprietary manufacturing
processes and license their technology to others.
Additionally, as the application sectors for CNT demand high
quality, CNT companies are taking active steps to monitor quality
and ensure reproducibility.
Though mass production, reduced costs, and greater demand are
critical to complete CNT's transition from the laboratory to
the open market, the true success of the lab-to-fab transition
lies in the commercial success of the products that incorporate
the CNT material.
"The successful commercialization of CNT-based products
in the open market asserts the accuracy of the research findings
pertaining to the capabilities and structural efficiency of
CNT thereby stimulating further market penetration," says
CNT manufacturers that collaborate with the application developers
are likely to have an edge over those restricting their roles
to being mere material suppliers. Such partnerships enable CNT
suppliers to leverage their expertise in gaining partial control
over product development and commercialization, thereby influencing
CNT's increased penetration into varied application markets.
An Assessment on the Future of Carbon Nanotubes, part of the
Total Semiconductor Subscription, evaluates the SWCNT and MWCNT
market in detail to provide individual insights in terms of
market and technology trends, application analyses, growth rates,
competition, and future market conditions. Strategic recommendations
back the key market drivers and challenges, allowing participants
to shape their marketing and production efforts. Executive summaries
and interviews are available to the press.
Frost & Sullivan's "Strategic Analysis Service"
is the newest tool aimed at equipping the C-level and senior
executives of CNT companies with cutting edge research, strategic
planning, and structured advisory services. Additionally, as
a part of this service, the client will have an opportunity
to communicate directly with our consulting team on any issue
related to the industry. Enhanced marketing and growth capabilities
coupled with strategic leadership have become critical tools
for companies striving to increase growth and profitability
against a backdrop of shifting marketplace conditions. As an
added value, Frost & Sullivan encourages one-on-one interaction
between client and consultant through this service.
If you are interested in an analysis overview which provides
manufacturers, end-users and other industry participants an
overview, summary, challenges and latest coverage of An Assessment
on the Future of Carbon Nanotubes, then send an email to Julia
Paulson - North American Corporate Communications at firstname.lastname@example.org
with the following information: Full name, Company Name, Title,
Contact Tel Number, Contact Fax Number, Email. Upon receipt
of the above information, an overview will be emailed to you.
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