According to a recent report from iRAP, Inc. (www.innoresearch.net), they are.
In the February 2011 report, “ET-113: Production and Application of Carbon Nanotubes, Carbon Nanofibers, Fullerenes, Graphene and Nanodiamonds: A Global Technology Survey and Market Analysis” iRAP predicts that nanocarbon product production will triple by 2015.
Known for their versatile electrical and mechanical properties, nanocarbon products are currently used in a variety of electronic devices, including electron field emitters, lithium secondary batteries, hydrogen storage cells and more. As scientists continue to dig into other potential benefits of these microscopic materials, the nano’s foothold in the market is expected to take off in the next few years.
The report also claims that production capacity for all nano-products will exceed 12,300 tons in 2015, compared to the 4,065 tons that 2010 saw. The report estimates total production value at roughly $435 million in 2010 and expects that it will reach $1.3 billion by 2015. The overall market growth seems to be driven by the multi-walled carbon nanontubes (MWNT), used in applications such as biosensors.
For more details, or to purchase the report in its entirity, visit http://www.innoresearch.net/reportlist.aspx?cid=7 or contact iRAP at 203-569-7909; firstname.lastname@example.org