The New Steel? Enabling the Carbon Nanomaterials Revolu

The New Steel? Enabling the Carbon Nanomaterials Revolu

Markets, Metrology, Safety, and Scale-up

Frost & Sullivan’s Study on Potential Mark

for Carbon Nanomaterials’ Applications

February 
Nanomaterials in Composites, 

Textile and Coatings Textile and Coatings
Market Applications for CNTs in Composites, Textile, and Co

Nano Materials

Composites Textiles & Fibers Coat

• Electrostatic dissipation • Smart textiles • Marine ant• Electromagnetic shielding• Structural reinforcement

• Reinforcement & 

protection

• Electrostatic dissipation

coatings

• Intumesce• Protective 

• Electromagnetic, RF, and 

microwave shielding

• Antimicrob

© Frost & Sullivan 2011
Global Addressable Market for Carbon Nanotube (CNT) ba

Composites was $18.79 billion in 2008

North America, Asia-Pacific, 22.0%

Rest of the World, 

3.0%

40.0%

For US Market Alo

Europe, 35.0%

Aircraft and Othe

2.0%

Electrical, 4.0%

Consumer Products, 

5 0%

Transportation

Corrosion, 12.0%

5.0%

Marine, 20.0%

Transportation, 

12.0%

Si ifi t th t i & d f t ti Significant growth rates are seen in aerospace 

&

d

efense, automotive, 

construction, within a general industrial rate of 3% to 7%.

© Frost & Sullivan 2011
CNT Market Estimation for Automotive Composites (2009-

2.21

2.9

234

in $ Billion CAGR = 4%

012

2008 2015

Revenues i Estimated CNT market size for 

composite (2009-201

400500

Tons) 

C NT Demand (Tons) Gro

2008 2015

Total Global market size for automotive 

composite (2008-2015)

100200300

C NT Demand (T 

0

2008 2009 2010 2011 2012 2013 

C

CNTs will 

penetrate about 3.6% within vehicular com

posites. If 1% carbon nanotu

p p

into these materials, this means a CNT market for automotive composites of $

© Frost & Sullivan 2011
CNT Market Estimation for Construction Composites (2009

8.18

10.34

8

1012

$ Billion CAGR = 3.4%

246

Revenues in Estimated CNT market size for con

composite (2009-2015)

10001200

ons) 

C NT Demand (Tons) Gr

0

2008 2015

R

Total Global market size for construction 

composite (2008-2015)

400600800

T Demand (To 

composite (2008 2015)

0

200

2008 2009 2010 2011 2012 2013 

CNT

Carbon nanotubes are forecast to begin penetrating construction materials in th

through 2012 and could penetrate up to 10% by 2015 if nanotech developers cthrough 2012, and could penetrate up to 10% by 2015 if nanotech developers c

validate their products’ ability to reinforce structures. 

© Frost & Sullivan 2011
CNT Market Estimation for Textiles and Fibers (2008-2015) 

Sullivan expects penetration of CNTs in this area to commence in 2012, and could rby 2015

4000050000

o

2500

ns) CAGR = 8

)CAGR = 3.2%

Total global market size for ESD textiles & fibers 

(2008-2015)

Total global market size for rein

& fibers (2008-20

23300

100002000030000

40000

nits shipped (to 1600 2000 500 1000 1500 2000

s shipped (tons)

0

2008 

Un

0

500

2008 2015

Units

C NT Demand (Tons) Growth Rate (%)

80

100120140160180

and (Tons) 6080100

120

Rate (%)

0

204060

80

2008 2009 2010 2011 2012 2013 2014 2015

CNT Dem

02040

Growth

Estimated CNT market size for textiles and fibers 

(2008-2015)

© Frost & Sullivan 2011
CNT Market Estimation for Coatings (2009-2015)

- Frost & Su

that CNTs could penetrate up to 25% of the intumescent coating market by 2015 anrate for antifouling coatings also by 2015 at 1% loading rates

664

600700

ons CAGR 9 5% 

3

n 

Total global market size for intumescent coatings 

(2008-2015)

Total global market size for a

(2008-2015

352

200300400500

600

nues in $ MillioCAGR = 

9.5%

1.17

12

nues in $ BillioCAGR = 11.5%

0

100

2008 2015

Reven

0

2008 

Reven

160 100

C NT Demand (Tons) Growth Rate (%)

80

100120140

160

mand (Tons) 405060708090

100

h Rate (%)

0

204060

2008 2009 2010 2011 2012 2013 2014 2015

CNT Dem

010203040

Growth

Estimated CNT market size for intumescent and 

antifouling coatings (2009-2015)

© Frost & Sullivan 2011
Electronics 
Market Applications for CNTs in Electronics

CNT-based Electronics

Circuits & Processors Displays/Flexible Displays 

It t FPD TFT ( l t d M /l i

Flexible/Printed 

Electronics

• Interconnects C

• Transistors, memory, 

logic

• Thermal interface

• FPDs, TFTs (electro

des 

or conductive inks), electron emitter

• Backlight

• Memory/logic• RFID• Sensors

• C

s

• I

Thermal interface • Dmaterials • Signage

• Touch screens/panels

D

© Frost & Sullivan 2011
Market Analysis For CNT in Electronic Sub-Segments

Total global market size for the semiconductor IC 

market (2008-2015) 

Total global market size for th

(2008-2015)

DEVICES 2008 CNT Interconnects Nil Logic and memories Nil DEVICES 2008 2009 

Total global market size for the flexible/printable

Displays Nil 0.1% Flexible Displays 

Nil Nil 

Total global market size for the flexible/printable

electronics market (2008-2015) CNT penetration po

© Frost & Sullivan 2011
Market Analysis for CNT in Sensors- Expected Penetration R

these Addressable Markets is 1%

Global market size for the ch

bioagent sensors in medical d

(2008-2015) 

Global market size for the chemical, gas and 

bioagent sensors in homeland security market 

(2008-2015)

Global market size for the chemical, gas and Total global market size for the 

, g

bioagent sensors in industrial/industrial safety 

market (2008-2015)

Total global market size for the 

market (2008-20

© Frost & Sullivan 2011
Market Summary for CNTs in Electronics

CNT penetration p

•CNT penetration in the vari

CNT penetration in the vari

applications: Likely to be noaround 1% during the foreca(2008-2015) Promisin

g markets- interco

displays/flexible displays, chbioagent sensors: CNTs will penetrate by around 2014 oaround five years). 

Total global market size for electronics (2008-

Other markets - memory, trinfrared sensors, DNA sensoelectronics: CNT might take penetrate.

Total global market size for electronics (2008

2015)  CNTs are expected to have 

(e.g., ranging from less than possibly 5%) of the overall ain each aforementioned appsegment over the forecast psegment over the forecast p

2015).

© Frost & Sullivan 2011
Authentication
Market Applications for Nanomaterials in Authentication Seg

Nanomaterials

i h ii n Aut

hentication

Pharmaceuticals

Government issued 

Documents and 

Currencies

L

Biometrics

• Anti-counterfeiting of 

drugs

• Passports• Drug Prescription forms• Currencies

• W• Sh• Ba

• Fingerprinting 

technologies

• Nano sensors

Currencies

• Driver’s licenses

Ba

• Cl

• DNA Analysis

© Frost & Sullivan 2011
Authentication Segment Market Analysis and Forecasts - N

may represent about 1-5% of the total authentication market in the forecasted perio

1.44

1.21.41.6

Billion CAGR = 12%

0.65

0.20.40.60.8

1

Revenues in $ 

0

2008 2015

Total addressable market size for 

Nanotechnology based products 

i A th ti ti (2008 2015)

Counterfeit Products Mark

(% of total market annuall

in 

A

uthentication (2008-2015)

Other, 50.92%

•The total counterfeit market: US$295 Billionannually

Alcohol 0 10%

Curren

0.0

2

Purses, 0.02%

•Counterfeiting of technology products represent about Clothing, 2.80%$100 billion, pharmaceutical drugs at $40 billion dollars•Music piracy, airline parts, and mobile phone entertainment make up the 51% of the totalentertainment make up the 51% of the total Alcohol, 0.10% 00 © Frost & Sullivan 2011
Michael Valenti 

Research AnalystTechnical InsightsFrost & Sullivan P: +1 212-967-2518F: +1 212-967-2515mike.valenti@frost.comwww.frost.com

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