Abstract
REPORT HIGHLIGHTS
- Clay nanocomposites accounted for nearly one-quarter (24%) of total
nanocomposite consumption by value in 2005, followed by metal and metal oxide
nanocomposites (19%) and carbon nanotube composites (15%). By 2011, clay
nanocomposites are projected to increase their market share to 44%. Between
2005 and 2011, other market share gainers include metal/metal oxide
nanocomposites and ceramic nanocomposites which are projected to attain market
shares of 20% and 11.5% respectively. Carbon nanotube composites, meanwhile,
are expected to lose market share, down to 7.5%.
- Automotive parts, energy, and packaging were the main nanocomposite
applications in 2005, with 29%, 28%, and 19% market shares respectively. Other
major applications in 2005 were coatings (14%) and ESD (8%).
- By 2011, packaging is expected to become the leading nanocomposite
application, with over 28% of the market. Energy applications remain in second
place in 2011, with more than 26% of the market. Automotive applications will
be the third-largest application in 2011, with over 15% of the market,
followed by coatings with 14%.
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