Presentation is loading. Please wait.

Presentation is loading. Please wait.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Buckminsterfullerene Market predicted to grow exponentially by 2025: Global.

Similar presentations


Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Buckminsterfullerene Market predicted to grow exponentially by 2025: Global."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Buckminsterfullerene Market predicted to grow exponentially by 2025: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America driven by Canada, Mexico and the U.S buckminsterfullerene market size may account a substantial growth by the year 2025. Increasing demand for anti-allergic drugs owing to increasing trends for allergic chronic diseases like asthma and hay fever may drive the product demand. Every year more than 50 million Americans suffered from allergic disease. Buckminsterfullerene inhibits allergic reaction in human body owing to its function to block the pathway of mast cells which are responsible for allergic reaction thereby driving the regional market growth.buckminsterfullerene market  Asia pacific driven by South Korea, India, Japan and China buckminsterfullerene market size is likely to increase during the forecast period. Rising demand for non-conventional energy sources which include solar cells may drive the industry growth. Indian government is aiming to achieve the target of 100 GW solar energy by the year 2022. Buckminsterfullerene combined with nanotubes and polymers is utilized to produce inexpensive solar cell paint that can convert any surface into solar cell just by applying paint on it. Moreover, buckminsterfullerene is also utilized in the formation of n-type semiconductor which forms organic field effect transistors (OFETS) thereby driving the regional market size. Regional Analysis of Buckminsterfullerene Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Buckminsterfullerene Market :  Growth in chronic diseases owing to rapid increase in pollution and unhealthy lifestyle may drive the buckminsterfullerene demand in pharmaceutical industries. It is used as an anti- inflammatory agent to cure lung and arthritis inflammation owing to its superior properties such as antioxidant and ability to scavenge free radicals which causes inflammation, thereby driving the buckminsterfullerene market demand.  Increasing beauty trends and growing disposable income may drive the cosmetic industry growth. The global skin care market is likely to surpass USD 180 billion by the end of 2024. Buckminsterfullerene is used in skin care products like anti-ageing and skin repairing creams owing to its benefits which includes potent scavenging ability to eradicate free radical oxygen species (RAS) which in turn aid in skin rejuvenation. It also provides antioxidant properties to restore skin cells, which may drive the overall buckminsterfullerene market growth.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Buckminsterfullerene Market :  Buckminsterfullerene is widely used in electronics devices owing to its low reorganization energy which makes it an ideal acceptor molecule in organic electronics. With appropriate doping it works as an excellent n type semiconductor (with a band gap of 2.3ev), making it available to be utilized with p type semiconductors in organic semiconductors. The product is used to make transistors suitable for use in inert atmosphere. Global semiconductor market accounted at over USD 475 billion in 2018. Increasing applications of semiconductors in electronic devices and continuous improvement in fabrication technology may foster the buckminsterfullerene market growth.

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Some of the key players in Buckminsterfullerene market are Daicel Corporation, Biomin Holding, Eastman Chemical Company, BASF SE, Dow Chemical Company, Celanese Corporation, Perstorp Holding, etc. Competitive Market Share of Buckminsterfullerene Market :

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Buckminsterfullerene Market @ https://bit.ly/2OkAbNAhttps://bit.ly/2OkAbNA Request for an in-depth table of contents for this report @ https://bit.ly/2YeA71H https://bit.ly/2YeA71H

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:


Download ppt "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Buckminsterfullerene Market predicted to grow exponentially by 2025: Global."

Similar presentations


Ads by Google