China is driving production of graphene nanoplatelets and carbon nanotubes to the 1500-2000 ton per year level in 2016-2018

[EEtimes] China took the lead in carbon nanotube and graphene research and manufacturing, according to Lux Research, by adding to a global glut market, driving down prices, eroding margins, and likely causing an early shakeout in the fledgling industry.

Lux forecasts that the global graphene nanoplatlet and carbon nanotube demand in 2018 stands at 1,520 tons and 2,016 tons, respectively. However, China alone will be enough to feed total global graphene nanoplatlet demand until 2016.

The prices of graphene nanoplatlets and carbon nanotubes will continue to drop down once capacity and utilization climb, and the aggressive capacity expansion of Chinese companies will squeeze the profit margins of both nanomaterials.

China is funding around $2 billion from 2011 to 2015.

“From 2013 to 2015, assuming both CNano and Timesnano execute on their announced expansion plans to add 500 tons per year and 100 tons per year, respectively, China will increase its share of global capacity from 30% to 50%,” Ma tells EE Times. “Both CNano and Timesnano have a cost advantage, well-established customer networks, and continuous funding support. They should be considered as potential commercial partners in China.”

In graphene, China lags behind, but is working hard to catch up to the US.

Ningbo Morsh had 300 tons per year of graphene platelet production in 2013 and has plans to expand to 1000 tons per year.

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