New changes in the carbon nanotube market

On April 1, Cabot officially completed the acquisition of Shenzhen Sanshun Nano New Materials Co., Ltd. at a price of 115 million US dollars (equivalent to approximately 800 million yuan), which was included in Cabot Special global energy materials business system management.

After the acquisition was completed, Cabot became the only company in the world that covered all mainstream lithium battery conductive material.

Research data shows that the shipments of carbon nanotubes have shown rapid growth in recent years. From 2015 to 2019, domestic carbon nanotube shipments increased from 0.83 million tons to 35,800 tons, and the growth trend is still maintained. In the field of power batteries, the current market penetration of carbon nanotube conductive agents has exceeded 50%.

It is foreseeable that, on the one hand, the power battery giant is matching the needs of customers to deploy global production capacity. As the market penetration of carbon nanotubes in the field of power batteries continues to increase, the competition boundary of carbon nanotube head companies will continue to widen.

On the other hand, as the power battery market is concentrated to giant companies, the market concentration of lithium battery composite conductive paste will be further improved, and the competition situation of carbon nanotube head companies will also become more intense.

From the trend point of view, composite conductive materials will become an extremely important part of lithium battery additives. The industry is also continually searching for formulations of composite conductive agents combining carbon black, carbon nanotubes and graphene.

Reported by Jack Zhen

AOTELEC BATTERY TECHNOLOGY COMPANY

2020-04-09