Growing Pharmaceutical and Electronics Industry Coupled with R&D Activities & Funding for Nano-Technology to Propel the Global Fullerene Market

The global fullerene market is anticipated to grow significantly at a CAGR of 8.2% during the forecast period.  Healthcare and cosmetics are among the key industries driving the growth of the fullerene market, fullerenes in the cosmetic sector play an important role as anti-aging agents and anti-damage agents also the funding for nanotechnology in the electronics market is boosting the growth of the market. Nanotubes in particular may well bring about a revolution in materials science.  Nanotube fullerene is hollow tubes with single and many walls that have very small diameters, hence it is very useful in the electronics industry, also the increasing demand for various devices and equipment is expected to boost the growth of the global fullerene market during the forecast period.  According to IBEF, the Appliances and consumer electronics industry stood at $9.84 billion in 2021 and is expected to $21.18 billion by 2025. Additionally, the flat panel television (LED, LCD, HD, and UHD) market in India was valued at $9.1 billion in FY18 and is expected to reach $16.2 billion by FY24. In 2021, TV shipments grew 24% YoY, with the smart TV market also registering 65% YoY growth. Which contributes to the growth of the market.

Browse the full report description of "Fullerene Market by Product (C60, C70, and Others), By Application (Pharmaceutical, Electronics, Energy, Aviation & Aerospace, Others) - Global Industry Share, Growth, Competitive Analysis and Forecast Period 2022-2028" at https://www.omrglobal.com/industry-reports/fullerene-market

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

Segment Covered-

• By Product
• By Application 

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World

Competitive Landscape- Nano-C, Nanotech Industrial Solutions, IoLiTec Ionic Liquids Technologies GmbH, SES Research Inc., Mitsubishi Chemical Holdings, and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
• Recovery Timeline

oDeviation from the pre-COVID forecast

oMost affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Fullerene Market– Segmentation

By Product

• C60
• C70
• Others 

By Application

• Pharmaceutical
• Electronics
• Energy
• Aviation & Aerospace
• Others

Global Fullerene Market by Region 

North America           

• US
• Canada

Europe

• Germany
• United Kingdom

France

• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa 
• Latin America 

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