Fullerene Market Trends, Analysis Report By Application, By Region And Segment Forecasts 2027
Market Synopsis According to the MRFR analysis, the Global Fullerene Market Trends is estimated to exhibit a CAGR of 15% Fullerene is an allotropic form of carbon and is made of hollow cage structure. Fullerene finds a wide range of applications in cosmetics, renewable energy, automotive, electronics, and semiconductor industries. The wide application of fullerene is owing to its high antioxidant characteristic, unique molecular structure, biocompatibility, and anti-aging properties. Moreover, owing to its cage-like structure fullerene is used as a drug delivery mechanism. Endohedral fullerene is carbon fullerene having additional ions, atoms, or clusters enclosed within their inner spheres. Pricing and Regulatory Analysis The Fullerene Market Trends price varies from USD 50 to 80 per gram. The variation in price is associated with purity. The high cost of fullerene is attributed to expensive production methods and unavailability of bulk production method. Currently, ther