- Email: [email protected]
Polymer nanocomposite market set to take off
pp6-11.qxd
10/03/2004
10:50
INDUSTRY
Page 6
News
Polymer nanocomposite market set to take off Table 1:Worldwide volume and value for polymer nanocomposites by type 2003 - 2008 (millions) Source: BCC Inc. * Based on value 2003 - kg (lbs.)
2003 ($)
2008 - kg (lbs.)
2008 ($)
AAGR % 2003-2008*
Thermoplastics
5.7 (12.5)
70.7
27.7 (61.1)
178.9
20.4
Thermosets
5.4 (12.0)
20.1
8.2 (18.1)
32.2
9.9
Total
11.1 (24.5)
90.8
35.9 (79.2)
211.1
18.4
According to a report from Business Communications Company, Inc. (BCC), RP-234 Polymer Nanocomposites: Nanoparticles, Nanoclays and Nanotubes, the total worldwide market for polymer nanocomposites reached 11.1 million kg (24.5 million pounds) valued at $90.8 million in 2003. This market is expected to grow at an average annual growth rate (AAGR) of 18.4% to reach $211.1 million by 2008.
fruition, which would lead to dramatic growth in these markets - in both dollars and volumes. Even if these new applications run into unexpected difficulties, these products will continue to expand into their existing markets at a strong rate of growth, exceeding 20% in some cases. While thermoset applications of nanocomposites are less diverse than thermoplastic applications, there have already been some successes with these
According to BCC, current volumes of thermoplastic and thermoset nanocomposites produced are roughly equal. By 2008, thermoplastics will constitute 77% of the volume market. The dollar value of thermoplastics is larger, because these are higher valued added goods and are used in high dollar niche applications. The company adds that over the next five years, some of the long touted applications of thermoplastic nanocomposites may come to
materials. Thermoset nanocomposites are currently being used in prefinished wood flooring found in many residential homes. Nanocomposite thermosets will rise at an AAGR of 9.9% from $20 million in 2003 to $32 million in 2008, predicts BCC. Contact: Business Communications Company, Inc. Tel: +1 203 853 4266 E-mail: [email protected]
Huber Engineered Materials acquires calcium carbonate plant Huber Engineered Materials, a business unit of the J.M. Huber Corporation, has acquired a calcium carbonate processing facility in Quincy, Illinois. USA, previously owned and operated by Omya Quincy Inc. Terms of the deal were not disclosed. The company says that the facility will move its operations to Huber's existing plant in the area. Huber says that a variety of grades, from 200 to 1 micron particle size in bulk and
increase our ability to provide world-class customer support and service." Engineered by Huber for its brightness and high performance extender properties, Hubercarb® industrial-grade calcium carbonate powder has many applications, including plastics. Huber Engineered Materials develops engineered speciality ingredients that enhance the performance, appeal and
packaged forms, are processed and shipped from its four strategically located facilities in the United States. According to the company, Huber's Quincy operations are looking to optimize production. "We are considering how our other inorganic materials might be handled by the facility," said Gerry Collins, vice president/general manager of calcium carbonate. "The goal is to
Plastics Additives & Compounding March/April 2004
6
processing of a broad range of products. The company clamis that its Controlled Function TechnologySM product modification is able to improve speciality silica and silicates, alumina trihydrate, magnesium hydroxide, kaolin clay, barium sulphate and calcium carbonate. Contact: Huber Engineered Materials Website: www.hubermaterials.com
10/03/2004
10:50
INDUSTRY
Page 6
News
Polymer nanocomposite market set to take off Table 1:Worldwide volume and value for polymer nanocomposites by type 2003 - 2008 (millions) Source: BCC Inc. * Based on value 2003 - kg (lbs.)
2003 ($)
2008 - kg (lbs.)
2008 ($)
AAGR % 2003-2008*
Thermoplastics
5.7 (12.5)
70.7
27.7 (61.1)
178.9
20.4
Thermosets
5.4 (12.0)
20.1
8.2 (18.1)
32.2
9.9
Total
11.1 (24.5)
90.8
35.9 (79.2)
211.1
18.4
According to a report from Business Communications Company, Inc. (BCC), RP-234 Polymer Nanocomposites: Nanoparticles, Nanoclays and Nanotubes, the total worldwide market for polymer nanocomposites reached 11.1 million kg (24.5 million pounds) valued at $90.8 million in 2003. This market is expected to grow at an average annual growth rate (AAGR) of 18.4% to reach $211.1 million by 2008.
fruition, which would lead to dramatic growth in these markets - in both dollars and volumes. Even if these new applications run into unexpected difficulties, these products will continue to expand into their existing markets at a strong rate of growth, exceeding 20% in some cases. While thermoset applications of nanocomposites are less diverse than thermoplastic applications, there have already been some successes with these
According to BCC, current volumes of thermoplastic and thermoset nanocomposites produced are roughly equal. By 2008, thermoplastics will constitute 77% of the volume market. The dollar value of thermoplastics is larger, because these are higher valued added goods and are used in high dollar niche applications. The company adds that over the next five years, some of the long touted applications of thermoplastic nanocomposites may come to
materials. Thermoset nanocomposites are currently being used in prefinished wood flooring found in many residential homes. Nanocomposite thermosets will rise at an AAGR of 9.9% from $20 million in 2003 to $32 million in 2008, predicts BCC. Contact: Business Communications Company, Inc. Tel: +1 203 853 4266 E-mail: [email protected]
Huber Engineered Materials acquires calcium carbonate plant Huber Engineered Materials, a business unit of the J.M. Huber Corporation, has acquired a calcium carbonate processing facility in Quincy, Illinois. USA, previously owned and operated by Omya Quincy Inc. Terms of the deal were not disclosed. The company says that the facility will move its operations to Huber's existing plant in the area. Huber says that a variety of grades, from 200 to 1 micron particle size in bulk and
increase our ability to provide world-class customer support and service." Engineered by Huber for its brightness and high performance extender properties, Hubercarb® industrial-grade calcium carbonate powder has many applications, including plastics. Huber Engineered Materials develops engineered speciality ingredients that enhance the performance, appeal and
packaged forms, are processed and shipped from its four strategically located facilities in the United States. According to the company, Huber's Quincy operations are looking to optimize production. "We are considering how our other inorganic materials might be handled by the facility," said Gerry Collins, vice president/general manager of calcium carbonate. "The goal is to
Plastics Additives & Compounding March/April 2004
6
processing of a broad range of products. The company clamis that its Controlled Function TechnologySM product modification is able to improve speciality silica and silicates, alumina trihydrate, magnesium hydroxide, kaolin clay, barium sulphate and calcium carbonate. Contact: Huber Engineered Materials Website: www.hubermaterials.com