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Fullerenes Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Report Description

Fullerene is any molecule that is entirely composed of carbon which is usually in different forms such as ellipsoid, tube, sphere, hollow and in many other shapes. Fullerene found in the spherical shape is also known as buckyballs as they resemble the shape of a miniscule soccer ball. Like diamond fullerene is a carbon allotrope and is the generic name for polyhedrons that consist of wide range of carbon numbers. The size, electronic configuration, hydrophobicity and three dimensional shape of fullerenes molecule makes it an appealing subject in the medical chemistry. Fullerenes are also widely used as lubricants in various industries. Fullerenes also find applications in cosmetic industries.

The growing cosmetic industry especially in the U.S is expected to boost the overall demand of fullerenes market. It is a very well known fact that when healthy skin is exposed to ultra violet radiation severe oxidative stress is caused which damages the skin. Antioxidants play a crucial role in preventing the skin damage caused due to the oxidative stress. Fullerenes are thus expected to reduce oxidative stress and thereby help in sustaining healthy skin by using their strong antioxidative properties. The changing lifestyle coupled with growing purchasing power is expected to boost the overall growth of the cosmetic industry which in turn is expected to drive the demand for fullerenes. The demand for fullerenes as lubricants has increased in the last few years. Composite coating that is based on inorganic fullerene is developed to reduce frictions and prevent wear resistance in parts that are come in rolling and sliding contacts with the other components of the machineries. Fullerene is widely used to coat chains, ball bearings, pumps, gears, screws and artificial joints among others.

Some of the company’s manufacturing fullerenes include BuckyUSA, ApNano, SES Research, MTR, MER Corporation, Envie de Neuf and JenLaur among others.

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