NANOMATERIALS MARKET ANALYSIS

Market News

Global Nanomaterials Market: Key Developments

In October 2019, Cabot Corporation announced that it expanded its current portfolio of advanced carbons with new ATHLOS carbon nanostructures (CNS).

In April 2020, Cabot Corporation acquired Shenzhen Sanshun Nano New Materials Co.  Ltd (SUSN) for approximately USD 115 million. The business will be integrated into Cabot's performance chemicals Segment.

In August 2020, CHASM Advanced Materials Inc. announced a strategic partnership with Henkel Adhesive Technologies (Henkel AG & Co. KGaA). Henkel has certified and will carry one of CHASM's Signis line of patented Carbon Nanotube (CNT) inks under its LOCTITE brand. LOCTITE ECI 5006 E&C is a carbon nanotube (CNT) ink designed for screen printing transparent conductors on a wide range of plastic films manufactured using CHASM's patented V2V technology.

In September 2020, Birla Carbon, a leading global manufacturer and supplier of carbon black, and CHASM Advanced Materials Inc., a developer, and manufacturer of advanced proprietary materials hybridized at the nanoscale, have elevated their joint development agreement signed in 2019 into a strategic partnership to commercialize novel nanomaterials to benefit various market segments including high-performance tires, conductive plastics, novel coatings, and next-generation batteries.

In April 2020, LG Chem announced that it will invest about KRW 65 billion (around USD 54 million) by Q1 of 2021 to expand production of carbon nanotubes (CNT) by 1,200 metric ton at the company's Yeosu plant. Once the expansion is made, LG Chem will have a total production capacity of 1,700 metric ton by adding to the existing 500 metric ton.

In June 2020, Nano- C collaborated with Nantero on high density, DRAM-Class memory applications. The partnership is to commercialize the first generation NRAM products on hand to address high-performance nonvolatike memory with DRAM-level performance