The global fullerene market size reached USD 487.9 Million in 2020 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Rising use of functionalized fullerenes for cancer imaging and treatment and use in electronic batteries are factors projected to support market revenue growth between 2021 and 2028. In addition, increasing application of fullerenes in drug delivery and gene delivery will continue to boost revenue growth of the market going ahead. Many researchers prefer fullerenes because of several beneficial properties such as being very small and readily dispersed, having very excellent biocompatibility, and not losing the initial reactivity.

The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Fullerene industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere. Moreover, the adverse effects of the coronavirus pandemic on the global Fullerene market, as well as its fundamental segments, have also been elucidated in this report.

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Competitive Outlook:

Mitsubishi Chemical Holdings Corporation, Nano-C, Inc., Merck KGaA, Nanocyl SA, Otto Chemie Pvt. Ltd., Tokyo Chemical Industry UK Ltd., MTR Ltd., Nanostructured & Amorphous Materials, Inc., Sisco Research Laboratories Pvt. Ltd., and SES Research Inc.

Market Segmentation:-

Emergen Research has segmented global fullerene on the basis of type, production method, shape, end-use, and region:

Type Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)

C60

C70

C76

Others

Production Method Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)

Arc Discharge Method

CVD/CCVD Process

Laser Ablation of Graphite

Others

Shape Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)

Nanotubes

Bucky Balls

Nano-rods

End-use Outlook (Revenue, USD Million, Volume, Tons; 2018–2028)

Aerospace & Defense

Electrical & Electronics

Healthcare

Energy

Others

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Some Key Highlights from the Report

C70 segment is expected to register steady revenue CAGR during the forecast period as C70 fullerenes is widely used in natural photovoltaics and cancer preventive agents.

Electrical & electronics segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising usage of fullerenes in electronics including diodes, transistors, photocells, and others.

North America is expected to register substantial revenue growth rate in the global fullerene market over the forecast period due to robust presence of leading market players including Nanostructured & Amorphous Materials, Inc., Nano-C, Inc., and SES Research Inc. are among others, in countries in the region.

Research Report on the Fullerene Market Addresses the Following Key Questions:

Who are the dominant players of the Fullerene market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Fullerene market?

What are the key growth drivers and restraining factors of the Fullerene market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

Key Regional Markets Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the report provides a qualitative and quantitative analysis of the Global Fullerene market, including the global and regional analysis of the market. The study covers critical information and factual data about the Fullerene industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Fullerene market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Fullerene industry.

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