Monday, November 28, 2022
HomePress ReleaseEIN PresswireFullerene Market Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2027...

Fullerene Market Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2027 – IndustryARC


Market Research Reports, Business Consulting Services & Analytics

Fullerene market size is accounted for USD 420.0 million in 2021 and is forecast to grow at a CAGR of 7.0% during 2022-2027

HYDERABAD, TELANGANA, INDIA , September 29, 2022 /EINPresswire.com/ — IndustryARC, in its latest report, predicts that the Fullerene Market size is accounted for USD 420.0 million in 2021 and is forecast to grow at a CAGR of 7.0% during 2022-2027. Fullerene and graphene are the nanoscale allotropes of carbon. Fullerene is a series of carbon atoms which are formed basically by two types such as closed edges or a cylinder. It was discovered in 1985 by obtaining a molecule like cage composed of 60 carbon atoms joined together by single and double bond which is denoted by C60. It was formed with the help of laser in order to vaporize graphite rods in an atmosphere of helium gas. It was named as buckyball and also known as buckminsterfullerene. The cylindrical forms of fullerene are also called as carbon nanotubes. The fullerenes were considered as a third form after two well-defined carbon allotropes namely graphite and diamond respectively. There is extensive research carried out in the field of fullerene for the development of its use in biocatalysts which are referred to as fullerene nanocatalysts. Fullerene undergoes several novel chemical reactions and donates and accepts electrons, thus, considered as a suitable material in advanced electronic devices.

Click here to browse the complete report summary:
industryarc.com/Research/Fullerene-Market-Research-509353

Key Takeaways:

This IndustryARC report on the Fullerene Market highlights the following areas –

1. North America dominates the global fullerene industry owing to the presence of wide range of end-use industries mainly healthcare and cosmetics. It is expected to provide new avenues for growth of the global market.

2. In medical industry, fullerenes are used as light-activated antimicrobial agents. In biomedical applications, fullerenes are employed to design high-performance MRI contrast agents, photodynamic therapy, and drug and gene delivery.

3. The key opportunity for this market is the use of fullerene in electrical and electronics industry. Fullerene is utilized in semiconductors and photovoltaic applications.

Interested in knowing more relevant information? Click here:
https://www.industryarc.com/pdfdownload.php?id=509353

Segmental Analysis:

1. The C60 fullerene segment held the major fullerene market share in 2021 and it is expected to grow at a CAGR of 9.0% during the forecast period.

2. The medical segment dominated the global fullerene market and held around 25% of share in 2021. Fullerenes acts as exceptional antioxidants and considered as safe to use in medical application and biocompatible.

3. North America dominated the market and accounted for nearly 30% of fullerene market share in 2021. This growth is mainly attributed to the presence of noteworthy industries such as medical, pharmaceutical, biomedical, and electrical and electronics in this region.

Competitive Landscape:

The top 5 players in the Fullerene industry are –

1. American Elements

2. Nanotech Industrial Solutions

3. BuckyUSA

4. Frontier Carbon Corporation

5. IOLITEC GmbH

Click on the following link to buy the Fullerene Market report:
https://www.industryarc.com/reports/request-quote?id=509353

Why Choose IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.

Similar Reports:

A. Biocatalysis & Biocatalysts Market- Forecast (2022-2027)
https://www.industryarc.com/Report/16435/biocatalysis-biocatalysts-market.html

B. Graphene Nanoplatelets Market- Forecast (2021 – 2026)
https://www.industryarc.com/Research/Graphene-Nanoplatelets-Market-Research-503448

Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: sales@industryarc.com
USA: (+1) 970-236-3677, (+1) 815-656-4596
IND: (+91) 40-485-49062

Venkat Reddy
IndustryARC
+1 614-588-8538
venkat@industryarc.com
Visit us on social media:
Facebook
Twitter
LinkedIn



RELATED ARTICLES

Most Popular