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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
Nano­technology 
(Nanotubes) (CNTs) 
An Emerging Technology 
Mohammed Ahmed Hashem Dagestani 
Sagar Patadoia Pratik Tembe Susan Vecchi 
TECE­6200 
Innovation and Entrepreneurial Growth 
1 | Page
CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
Prof. Tucker Marion 
CONTENTS: 
1. Executive Summary ­Pg 
3 
2. Technology ­Pg 
4 ­7 
3. Market Applications ­Pg 
8 ­10 
4. Research and Development ­Pg 
10 ­13 
5. Commercialization ­Pg 
14 ­15 
6. Recommendations ­Pg 
16 
7. Conclusions ­Pg 
16 ­17 
8. References ­Pg 
17 to 18 
2 | Page
CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
Executive Summary 
I guess everyone is familiar with the term Nanotechnology. Let me just still give a brief outline of 
what the technology actually is. Nanotechnology is the engineering of functional systems at the molecular 
scale. One nanometer (nm) is one billionth, or 10^(­9), 
of a meter. To put that scale in another context, 
the comparative size of a nanometer to a meter is the same as that of a marble to the size of the earth. It 
has a variety of potential applications and the government has invested billions of dollars. It is a 
revolutionary, transformative, powerful, and potentially very dangerous—or beneficial—technology. 
The emergence of nanotechnology in the 1980s was caused by the convergence of experimental 
advances such as the invention of the scanning tunneling microscope in 1981 and the discovery of 
fullerenes in 1985. The field was subject to growing public awareness and controversy in the early 
2000s, with prominent debates about both its potential implications as well as the feasibility of the 
applications envisioned by advocates of molecular nanotechnology, and with governments moving to 
promote and fund research into nanotechnology. The early 2000s also saw the beginnings of some 
commercial applications of nanotechnology. 
Carbon nanotubes were discovered by accident in 1991, when a scientist was using the arc 
discharge method of carbon synthesis to create fullerenes. While he indeed created the fullerenes he’d 
set out to produce, he also discovered the production of carbon nanotubes. Carbon nanotubes (CNTs) 
are allotropes of carbon with a cylindrical nanostructure. 
It has various applications (like electronics, automotive, aeronautics, etc.) that are already in 
practice and also have the ability to change the face of construction industry, the automobile industry, 
materials science industry, the space program and a variety of activities and products associated with 
daily living. Carbon Nanotubes are processed in different ways to be used with different products for 
example it is used with graphite as composite materials for making tennis rackets, golf clubs etc. We are 
going to discuss in detail about the carbon nanotubes in the further part. 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
1. Technology 
Background: 
In actuality, however, carbon nanotubes had been discovered 30 years earlier, but had not been 
fully appreciated at that time. In the late 1950s, Roger Bacon at Union Carbide, found a strange new 
carbon fiber while studying carbon under conditions near its triple point. He observed straight, hollow 
tubes of carbon that appeared to consist in graphitic layers of carbon separated by the same spacing as 
the planar layers of graphite. In the 1970s, Morinobu Endo observed these tubes again, produced by a 
gas­phase 
process. Indeed, he even observed some tubes consisting in only a single layer of rolled­up 
graphite. 
Technical 
A nanotube is a tiny, hollow, long, thin and strong tube with an outside diameter of a nanometer 
that is formed from atoms such as carbon. A hair from a person’s head is around 50,000 nanometers 
wide. Nanotubes are also fifty­times 
stronger than steel, so long filaments can be used to create 
super­tough 
lightweight materials. 
Carbon nanotube or CNT is not a new term in the present scenario actually it is the allotrope of 
carbon sharing a cylindrical nanostructure. The length­to­diameter 
of nanotubes lies in between 
132,000,000:1 and have very fascinating properties to be used in nanotechnology, optics, material 
science, electronics and other fields of science. 
Due to their extraordinary thermal conductivity, mechanical and electrical properties, they are 
used as additives for various structural materials, for example, in baseball bats, car parts golf clubs etc. 
Their name has been derived from their long, hollow structure with walls formed by one­atom 
thick 
sheets of carbon known as “Graphene”. These sheets are then rolled at specific and discrete angle and 
the combination of rolling angle and radius decides the properties of these nanotubes. Nanotubes are 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
either single­walled 
nanotubes (SWNTs) or multi­walled 
nanotubes (MWNTs). The particles of 
nanotubes are held together by van der Waals forces. Applied quantum chemistry specially the orbital 
hybridization best describes chemical bonding in them. Chemical bonds are chiefly composed of sp2 
bonds similar to those occurring in graphite and are stronger than the sp3 bonds found in diamond and 
alkanes and so are responsible for great strength of these structures. 
Types 
1. Single walled nanotube: Single walled nanotubes have only one layer of carbon nanotube. 
The range of tensile strength of SWNT varies from 13­53 
GPa. 
2. Multi walled nanotube: They have multiple layers of carbon nanotubes around a single one. 
The strength of multi walled is greater than that of the single walled. The range of tensile strength 
for MWNT is around 11­150 
GPa (Gigapascals). 
Method of Production: 
There are 3 Major methods of production of the carbon Nanotubes: 
1. Electric Arc Discharge: In this method, Current is passed Between 2 Graphite Electrodes in 
an inert Gas environment and Carbon from one gets deposited on another and can be collected. 
The collection rate Directly Proportional to the Electric discharge. The Disadvantage here is that 
the byproducts have to be separated from the CNT and the Yield is about 30% by mass 
including the Byproducts and the CNT 
2. Laser Ablation Method: Here laser vaporizes a Small sample of Graphite. Catalyst of Co and 
Ni are used in the process. The Temperature of the Laser discharge can control the dimension 
and size of the CNT. This gives about 70% yield by mass. 
Both the above mentioned methods can’t be used for mass production as they have a low yield 
and CNT are mixed with impurities. Also they are to be produced in batches, which is a major 
issue for the Mass Production 
3. Catalytic Chemical Vapor Deposition (CCVD): This method can produce CNT 
continuously in a Rotary reactor and is suitable for Mass production of CNT’s. In this method a 
carbon source in form of Carbon Vapors such as ethylene are used to Foster the growth of the 
CNT’s. By varying the size of the catalyst we can vary the size of the CNT’s. Nitrogen or 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
Hydrogen are added as the process gases and carbon sources are added at 700 degrees and 1 
atm pressure. This forms the CNT’s on the Catalysts and they start growing vertically. No 
debris are formed. It has the highest yield rate and because of this process the Rates of the 
CNT’s now have fallen down to about $50 to $300 from $1000 to $1500 in the past decade. 
Current Status & Issues with the technology 
Although the carbon nanotubes were discovered 15 years ago, their use has been limited due to 
the complex, dangerous, and expensive methods for their production. Currently, scientists are unable to 
manufacture carbon tubes of a very long length and they are also working very hard to bond various 
carbon tubes together to form a tube of an elongated length. If the defected tubes are all lined up, then 
they can break when you apply a stress. Carbon nanotubes free of defects are really strong. The real 
challenge is putting things like carbon nanotubes into the materials in a way that they help make the 
equipment stronger and lighter. Scientists are studying these composites and different ways of bonding 
the nanometer scale materials into them. Currently we are not able to manufacture any component 
entirely of nanotubes because we can’t make carbon nanotubes long enough (yet), and hence we need 
other materials in the composite. The detailed issues with Nano technology and Current markets are 
discussed in the Research and Development and Market application subtopic respectively. 
Forecast 
The next generation might see the use of CNT as vehicle armor, personal armor, or also as the 
next­generation 
electronic display. Radios in future might be a part of Carbon Nanotube technology. 
More than all, it might be possible to build space elevator because of its high tensile strength. 
CNT has an electrical conductivity six orders of magnitude higher than copper. It might be 
highly beneficial to the electric vehicle industry as it has the capability to enhance the functions of 
graphite used in the Li­ion 
batteries. It has high thermal conductivity and thermal resistance. These 
properties could be used in clutches and brake linings of cars. 
It is one of the major tools in the Kanzius cancer therapy, where it is used to kill the cancerous 
cells. Research have shown that Carbon Nanotubes and their composite nanomaterials are suitable 
materials for bone cell proliferation and bone formation. The use of CNTs in drug delivery and 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
biosensing technology has the potential to revolutionize medicine. 
Carbon nanotubes are strong and lightweight. These properties are perfect for certain sports 
products like Tennis rackets and golf clubs. CNT along with other composite materials make a brilliant 
tennis racket. In the future, you might see a whole tennis racket made out of CNT. 
Human hurdles for adoption 
The technology has not yet been completely understood as to how they work, how to 
mass­produce 
and how to cut down the cost of production. The technology currently is very expensive. 
The low dimensional geometry of the CNT makes in unstable in nature. Humans can potentially 
be exposed to CNTs by inhalation because unprocessed CNTs are lightweight and hence, airborne. 
They can agglomerate and fill the air passage that may lead to suffocation. It is difficult and expensive to 
grow defect free Nanotubes. 
The “Nano trend” has assumed mega proportions but the criticism have followed this trend foot 
by foot. The main hurdle for adoption is the belief in the technology. Like all emerging technologies, this 
technology lacks ‘social constitution’ that addresses questions like: who will own the technology? Will it 
be heavily restricted, or widely available? What will it do to the gap between rich and poor? How can 
dangerous weapons be controlled, and perilous arms races be prevented? 
Scientists and weapon manufacturers have already developed prototype paint bombs, filled with 
disassembling nanobots that literally "eat” metal and can leave an enemy tank only a shadow of its 
former self. Science fiction writers exploit fears of Nano robots turning into killers. 
If the technology is headed in the right direction with a good purpose, i.e. to improve the world we live 
in, the belief will develop as it does with all other emerging technologies. 
Cost: 
Carbon nanotubes are being produced at a rate of 50 grams per hour. In addition, because 
companies are able to produce such a great amount of carbon nanotubes so quickly, they are able to 
offer it to researchers and to non­profit 
groups at a heavily reduced cost. This in turn makes it 
economically feasible for these types of groups to work on producing the facts and evidence for real 
world application of carbon nanotubes. This was due at the time to the rising demand for carbon 
nanotubes when manufacturing could not keep up with the demand in the worldwide marketplace. 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
Today we can get the CNT ranging anywhere from $95 to $500 per gram. More information on the 
costing of Nano technology are discussed in the Research and Development sub Topic 
2. Market Applications 
Current Nanotube Markets 
Currently, carbon nanotube producers such as Bayer Material Sciences and Catalytic Materials 
have been leading efforts to develop high volume nanomaterials production and promote the use of this 
technology. 
Carbon nanotube materials are already in use by producers of X­Ray 
machines, tennis rackets 
and bicycle frames. The market for these materials is open and will expand into all sectors as the 
production processes evolve and material compositions are refined. 
Potential Future Markets 
The market for nanotube materials is in its infancy. Though the future is promising, the market is 
still developing as the technology is promoted further by innovators in the field. Several leading 
university research efforts (e.g. University of Texas, Northeastern University) as well as small companies 
refining the development of nanomaterials and production processes are actively promoting the 
technology to industrial consumers. This is where the market will organically form as material scientists 
and developers realize the potential for enhancing durability and strength in their products. 
Potential future markets for nanotube materials will then include healthcare, energy and 
environmental sectors. Some specific uses for nanotubes in the marketplace are: 
1. To replace standard X­Ray 
and CT scans by applying voltage to nanotube materials and 
generating images of organs which far exceed the clarity of modern scans. The scans would 
be able to retrieve the images faster and with multiple views. 
2. To use Graphene (a semiconductor) to possibly replace silicon chips. Graphene is produced 
by manipulating the nanotubes into strand form. Using this material instead of silicon would 
enable chip manufacturers to fit more on a standard computer chip. 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
3. Electronics materials with increased flexibility, durability and strength 
Carbon nanotube composites that are bendable (by NASA) 
4. Aircraft construction: to strengthen the parts of an airplane, coating on the wings to prevent 
ice, bendable wings, etc. 
5. A prototype for carbon nanotube tires (inner tube free) has been developed by designer 
Brian Russell in Colorado. 
6. e­Sheets 
/ e­Paper, 
10 times thinner than a sheet of paper, have passed the 
proof­of­concept 
tests at the University of Cincinnati's Novel Devices Laboratory. This will 
revolutionize the smartphone and tablet industries by allowing the creation of foldable 
devices. The product is known as “electrofluidic imaging film". 
On the website http://www.nano.Gov, there are details about the research funded by the 
National Science Foundation to use nanotechnology to prevent surfaces from attracting dirt. 
Early Adopters 
Nanotube based X­ray 
machines have been produced by XinRay Systems (joint venture of 
Siemens, Inc. and Xintech, Inc.) Catalytic Materials, LLC produces materials with carbon nanotubes & 
nanofibers, platelet graphite nanofibers (graphene sheets), and carbon nanochips. 
Bayer Material Sciences produces "Baytubes", they have developed a synthesis process for quality and 
volume of production. They collaborate with other companies and universities to "drive the development 
of applications using Baytubes". BMS also has been successful at using nanotube technology in plastic 
compositions. 
Mass Adoption Forecast: 
Mass adoption of carbon nanotube technology will be dependent upon the cost of production 
and the number of applications and sectors where it can find a niche. It will likely be developed by 
smaller organizations looking to break into the materials manufacturing realm, but eventually will be 
embraced by the larger material production companies. 
One sector, graphene producing companies, has already shown promise as a leader in nanotube 
materials adoption. A company called AMO touts its competencies in "nanofabrication, nanoelectronics, 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
nanophotonics". It is a firm devoted specifically to help other companies learn how to use 
nanofabrication, with their website promoting their business as "your partner in nanofabrication from 
prototyping to production". 
Competitors 
Competition for the nanotube materials will simply be those companies producing existing 
manufacturing materials at a lower cost. Composite materials, fabrics, metals that are currently used for 
mass production may be cheaper until the production of usable nanomaterials is perfected. 
Current technology: Prior to the widespread adoption of carbon nanotube technology, existing 
materials will continue to be used. 
Current market if there is one 
1. Easton­Bell 
Sports, Inc. have been in partnership with Zyvex Performance Materials, using 
CNT technology in a number of their bicycle components—including flat and riser handlebars, 
cranks, forks, seatposts, stems and aero bars. 
2. Zyvex Technologies has also built a 54' maritime vessel, the Piranha Unmanned Surface Vessel, 
as a technology demonstrator for what is possible using CNT technology. CNTs help improve the 
structural performance of the vessel, resulting in a lightweight 8,000 lb boat that can carry a payload 
of 15,000 lb over a range of 2,500 miles. 
3. Amroy Europe Oy manufactures Hybtonite carbon nanoepoxy resins where carbon nanotubes 
have been chemically activated to bond to epoxy, resulting in a composite material that is 20% to 
30% stronger than other composite materials. It has been used for wind turbines, marine paints and 
variety of sports gear such as skis, ice hockey sticks, baseball bats, hunting arrows, and surfboards. 
4. Sports equipment: Applications and Nanocyl Solutions. Current nanotechnology applications in 
the sports area include: 
1. Tennis: In tennis, carbon nanotechnology is used to increase the strength of tennis racquets 
by adding carbon nanotubes to the frames which increases control and power when you hit 
the ball. Furthermore, they also reduce the rate of air leaks from tennis balls, so they keep 
their bounce longer. 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
2. Golf: In golf, carbon nanotubes from Nanocyl are used for filling any imperfections in the 
club shaft materials with nanoparticles making the clubs stronger and perfectly straight. This 
improves the uniformity of the material that makes up the shaft and thereby improving the 
swing. 
3. Other Sports: Nanocyl carbon nanotubes demonstrate the same properties, i.e. increasing 
strength and consequently power, when added to the raw materials of hockey blades, 
bicycle handlebars, baseball bats, etc. 
3. Research and Development 
Cost 
The method to Mass Produce is CCVD by Rotary Reactor is very efficient as 
compared to the others and this process can continuously produce the carbon Nanotubes. 
Because of the continuous production high quantity and quality of the CNTs, the rates have 
lowered significantly to about 75$ to $100 for a Gram of SWNT Compared to the rates a 
decade ago when they were available for about 1000$ to 2000$. 
There are many companies who supply CNT and the rates vary according to the 
manufacturer. The range is about $75 to $100 gm. for a sample of 1 gm. The Cost also varies a 
lot with the purity and the Walls of the CNT. High Purity SWNT may also cost about 
$300.There are few links from which we can see and get a rough idea about the costing’s, they 
are mentioned below. 
1. CheapTubes:http://www.cheaptubes.com/carbonnanotubesprices.htm#Single_Layer_Graphene 
_Oxide_Prices 
2. (SWeNT) http://www.swentnano.com/tech/products.php#single 
3. Helix Material Solutions: http://www.helixmaterial.com/Ordering.html 
Time to reach the market 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
This Nanotechnology is in the talks for decades together. But now we can see the Boom in the 
Nanotechnology with the successful production and applications of the CNT. The Syntheses of the 
CNTs from the Rotary Reactor using the CCVD technique can be used for Mass Production without 
considerable debris and making Pure Carbon Nanotubes. Due to this research there are many adopters 
of the CNTs and many Venture Capitalists are investing hugely in Nanotechnology. During the Next 5 
years we will be seeing the increasing use of CNT in many products, which will eventually lead to 
increase in the quality of the product and making the product even more durable, lighter and having 
excellent properties. There is lot of research going on, billions of dollars spent in recent years to reduce 
the production cost and making more efficient method of production. Many Start­ups 
are now 
appearing with various types of Carbon Nanotube materials and will continue to appear in the next 5 
years and we will see CNTs appearing in nearly all of the materials ranging from our Cars to Bridges. 
The use of CNTs in the Medical Field has been very promising. The research in this field is 
going on from past decade and the Next 10 years are very crucial and we will be seeing many 
breakthroughs in this field. The cancer treatment using Carbon nanotubes seems to be the most popular 
research area. There is also research going on to improve drug delivery methods using the CNT. Testing 
of the Medical methods already developed in medical industry, using the Carbon Nanotubes, is also 
currently in progress. We will see that in years to come many medicines using the Carbon Nanotubes 
either for Drug delivery or for radioactive treatment of many diseases and for Diagnoses. 
Technical Hurdles and also challenges in commercialization: 
1. Creating a uniform material: Since carbon nanotubes inherently want to stick together in 
bundles, some companies have challenges dispersing the carbon nanotubes within the matrix 
material. Companies use various ways of mitigating this problem, some of which are extrusion, 
ultrasonic processing, and high shear mixing and melt spinning. All of these techniques help 
disperse the carbon nanotubes, but none are end­all 
solutions. Dispersing carbon nanotubes is a 
very meticulous process that can vary from batch to batch because they are highly sensitive to 
process parameters. 
2. Purification: Depending on which production method is used, single­walled 
carbon 
nanotubes can be coated with unwanted soot. The challenge is figuring out how to separate the 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
single­walled 
carbon nanotubes from those substances, without changing or damaging the 
carbon nanotubes. The soot typically consists of amorphous carbon, metal catalyst and 
fullerenes, which need to be removed because they can interfere with the properties of the 
carbon nanotubes. If multi­walled 
carbon nanotubes are being produced using CVD, there is 
no need for purification, because virtually no soot is left in the process. The main processes for 
purifying single­walled 
carbon nanotubes are oxidation and acid refluxing. There are many 
other methods of purifying single­walled 
carbon nanotubes available, but these are the most 
common. 
3. High Cost of Production: A start­up 
company needs clean rooms, microscopes, probes, 
power and other equipment. A challenge for small and start­up 
companies is the affordability 
of the equipment required for nanotechnology production and research. Aside from the 
equipment, even the materials used to produce carbon nanotubes can be expensive i.e. the 
current cost of catalysts for CVD production for single­walled 
carbon nanotubes represents as 
much as twenty to fifty percent of the cost of the product. In the future, the catalyst cost for the 
CVD process will need to be reduced in order to drive down the cost of carbon nanotube 
production. Another high cost is the nanotechnology workforce itself. Many companies in the 
carbon nanotube composites industry are still doing a lot of basic research. This research 
requires workers who have higher educations, which are, in turn, compensated higher than 
most workers. 
4. Risk Assessment: Unfortunately, of the billion­dollar 
budget that the U.S. government spends 
on nanotechnology each year, only about four percent is spent on risk assessment. A risk 
assessment (RA) has not yet been developed for carbon nanotubes or carbon nanotube 
composites. A (RA) quantifies the probability of a harmful effect on people or the environment 
under certain conditions, and identifies product specifications, handling practices, disclosures, 
and use limits that are necessary to assure that risks from the product are within an acceptable 
range. Such an assessment is necessary, especially since most of the current regulatory measures 
only deal with a single event—a cause and its effect—and do not consider the life cycle of the 
products or its interactions with other events. 
1:All of the above part of the research and development has been referred from -From a Journal presented at 'Wise'- Washington 
internships for students of engineering 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
Challenges in commercializing Carbon Nanotubes Composites by Emily Pfautsch- 2007 WISE Intern at University of Missouri - Columbia 
4. Commercialization 
Product: 
Carbon Nanotubes is a disruptive technology that revolutionary change the quality standards of 
products strengthen and stability. However, in this section will study the marketplace, commercialization 
strategies and expected challenges to understand the product feasibility. The vital commercial strategy is 
by campaigning to raise market awareness among companies and within the end users category to 
control demand which drives companies strategy to satisfy these demands. Moreover, using the channel 
of universities is one of platforms to promote the knowledge of CNTs. 
Commercialization strategy 
1. Raise awareness (educate market audience ­university 
channel) 
2. Growing demand 
3. End customer's demand drive companies strategy 
Commercial companies 
Company Production kg/day Cost Type 
Carbolex ~35 kg/day $60­100 
Single­Walled 
Nanotube 
NanoLedge 120 g/day $64­85 
Single­Walled 
Nanotube 
NanoLab 20­100 
g/day $200­400 
Single­Walled 
Nanotube 
http://www.nanotech-now.com/nanotube-survey-april2003.htmhttp://www.nanotech-n 
ow.com/nanotube-survey-april2003.htm 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
Target market 
Companies such as Carbolex, CNRI, CNI and Catalytic are targeting R&D departments of 
large corporate companies and Universities laboratory in areas of electronics and polymers. Those 
targeted entities are using the technology as an additive that added value to their existing products or 
creating a total new products based on CNTs. However, this technology has been used in several 
markets and fields such as; Healthcare, environment, electronics and sport tools and materials. The 
following exhibit show an example of two sport companies that use CNTs in their Tennis Rackets :­List 
of Target markets 
1. Universities 
2. Corporate companies (Sport ­Health 
...etc) 
3. Laboratories 
4. Governmental organization 
Company Wilson Babolat 
Advantages Increases strength, stability and power Stiffer racquet provides more 
power. 
Prices Average 
$100­150 
$100­150 
Product nCodetm racquet frames containing silicon 
dioxide nanoparticles 
nstm Tennis racquet frames 
containing carbon nanotubes 
http://www.understandingnano.com/nanotechnology­company. 
html 
Challenges 
Companies are facing challenges regardless other competitiveness and market advantages such as; 
the quickness of changing in circle process for the Nanotubes technology and the adaptation of 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
technology commercially. However, the limitation of technology, time and capital are the main challenges 
that threatening CNTs producers. Yet, despite, the technology is rapidly improving and commercially 
adopted. But, that do not allow companies to produce a sufficient quantity with efficient and acceptable 
prices to cause technology diffusion. 
5. RECOMMENDATIONS: 
The major issue with any radical technology is the awareness of that technology. So is the case with 
Carbon Nanotubes. The importance of carbon Nanotubes is less understood than it is criticized. 
Spreading awareness about the potentials of CNT is very important for its future. Also, it needs support 
in the R&D from the government bodies, Universities and the Research Organizations for its smooth and 
efficient growth. Some recommendations to get this right: 
1. Spreading awareness: Adopting the technology is one of the hardest step for most of emerging 
technologies, raising awareness about the usage and importance of nanotubes is a crucial step to ease 
the adoption. Organization and scientists have to spend more time and effort in making the technology 
known not just within the academic field but also within most of our life aspects, and how CNT could 
improve each aspect. 
2. Increase R&D funding: The R&D funding bodies like the National Science Foundation, Federal 
Government and State Government, Survey of R&D Expenditures at Universities and Colleges should 
increase their focus and spendings on CNT companies. The technology is not yet been completely 
understood by the scientists themselves. The basic research needs more focus and technology needs 
better understanding. This will not only help to cut down the prices of the product, but also, the future 
potential benefits can be well discovered. 
6. CONCLUSION 
Whether or not people accept it, the technology is here and it is here to stay. Carbon Nanotubes is the 
future and it is going to make things function better. People will adopt it, maybe slowly, but surely. It is a 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
great enhancement tool for a lot of industries like sports, electronics, automobiles, healthcare and I think 
everything that you can possible think of. The applications are vast and wide and could be seen 
everywhere in the near future. 
There are over a hundred companies around the world in CNT market with major players with 
Nanocyl, Showa Denko, Bayer MaterialScience and CNano Technology Limited AG being the leaders. 
With 3141 Metric tons of CNT being produced in 2011, the production is expected to rise 12806 
Metric Tons by 2016 with a CAGR of 32.5%. These statistics prove nothing but the potential that the 
nanotubes holds in the future. The unique characteristics of CNT have created a superb all­carbon 
material and can be considered as the best fiber ever fabricated. However, to hedge the gap between 
the basic research and real world application is a little difficult. But, with the smooth and efficient transfer 
of the basic findings to industries to commercialize, CNT will be the star of the future, probably a star 
that takes you to a star, in an elevator. 
7. References: 
http://www.research.ibm.com/disciplines/materials_science.shtml 
http://www.azonano.com/article.aspx?ArticleID=982 
http://www.ceet.niu.edu/cecourse/NANO/101_projects.htm 
http://ezinearticles.com/?Carbon­Nanotubes: 
­Pros­and­Cons& 
id=7189786 
http://www.nano­c. 
com/nanotubes.html#whatis 
http://phys.org/news151938445.html 
http://spectrum.ieee.org/nanoclast/semiconductors/materials/nist­reveals­reliability­problems­wit 
h­carbon­nanotubes­in­electronics 
http://www.sciencedaily.com/releases/2011/08/110817101955.htm 
http://www.zimbio.com/Nanotechnology/articles/QDQi658wvOt/Carbon+Nanotubes+Pros+an 
d+Cons 
http://www.understandingnano.com/what­are­carbon­nanotubes. 
html 
http://news.brown.edu/pressreleases/2011/09/nanotips 
http://discovermagazine.com/2009/jul­aug/ 
09­ways­carbon­nanotubes­just­might­rock­world 
http://www.research.ibm.com/nanoscience/nanotubes.html 
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CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
http://www.pa.msu.edu/cmp/csc/nanotube.html 
http://en.wikipedia.org/wiki/Carbon_nanotube 
http://en.wikipedia.org/wiki/Carbon_nanotube 
http://nanogloss.com/nanotechnology/advantages­and­disadvantages­of­nanotechnology/# 
axzz2 
BJlZR6vA 
http://nanogloss.com/category/nanotubes/#ixzz2Bae8TUiJ 
http://www.nasa.gov/vision/earth/technologies/nanotechnology.html 
http://www.nanotube­suppliers. 
com/node/9 
http://hyperioncatalysis.com/technology2.htm 
http://www.scribd.com/doc/79246472/Carbon­Nanotube­Science 
http://www.nanooze.org/english/articles/article22_swingyourracket.html 
http://en.wikipedia.org/wiki/Carbon_nanotube#Current_applications 
http://spectrum.ieee.org/tech­talk/ 
semiconductors/devices/the_long_and_short_of_carbon 
_n 
http://nanogloss.com/nanotubes/how­much­do­nanotubes­cost/# 
ixzz2BZdtYiSf 
http://nanogloss.com/nanotubes/how­much­do­nanotubes­cost/# 
ixzz2BZdFPyUL 
http://www.research.ibm.com/nanoscience/nanotubes.html 
1. http://www.technologyreview.com/tagged/nanotubes/ 
http://www.howstuffworks.com/nanotechnology.htm 
http://www.nano.gov/ 
Interview with Ray Baughman University of Texas, UTD Nanotech Institute 
by Nova: 
http://www.youtube.com/watch?v=19nzPt62UPg 
http://www.understandingnano.com/nanotubes­carbon. 
html 
http://discovermagazine.com/2009/jul­aug/ 
09­ways­carbon­nanotubes­just­might­rock­w 
orld 
http://www.xinraysystems.com/index.php?option=com_content&task=blogcategory&id= 
19&Itemid=39 
http://www.xinraysystems.com/media/ACR_bulletin_MBFEX_2011.pdf 
18 | Page
CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 
http://researchnews.osu.edu/archive/butterflynano.htm 
http://www.wsbradio.com/videos/news/national/airless­bike­tires­use­carbon­nanotubes­t 
o­keep/ 
vgzdY/ 
http://www.nanowerk.com/news2/newsid=27145.php 
http://www.graphene­info. 
com/companies 
http://www.amo.de/aboutus.0.html?&L=0 
http://www.wilson.com/en­us/ 
golf/wilsonstaff/history/wilson/;jsessionid=8D34463DAE85 
8BB380046686D65D73F3 
19 | Page

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Nanotechnology Carbon Nanotubes (CNTs) Research Paper

  • 1. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] Nano­technology (Nanotubes) (CNTs) An Emerging Technology Mohammed Ahmed Hashem Dagestani Sagar Patadoia Pratik Tembe Susan Vecchi TECE­6200 Innovation and Entrepreneurial Growth 1 | Page
  • 2. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] Prof. Tucker Marion CONTENTS: 1. Executive Summary ­Pg 3 2. Technology ­Pg 4 ­7 3. Market Applications ­Pg 8 ­10 4. Research and Development ­Pg 10 ­13 5. Commercialization ­Pg 14 ­15 6. Recommendations ­Pg 16 7. Conclusions ­Pg 16 ­17 8. References ­Pg 17 to 18 2 | Page
  • 3. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] Executive Summary I guess everyone is familiar with the term Nanotechnology. Let me just still give a brief outline of what the technology actually is. Nanotechnology is the engineering of functional systems at the molecular scale. One nanometer (nm) is one billionth, or 10^(­9), of a meter. To put that scale in another context, the comparative size of a nanometer to a meter is the same as that of a marble to the size of the earth. It has a variety of potential applications and the government has invested billions of dollars. It is a revolutionary, transformative, powerful, and potentially very dangerous—or beneficial—technology. The emergence of nanotechnology in the 1980s was caused by the convergence of experimental advances such as the invention of the scanning tunneling microscope in 1981 and the discovery of fullerenes in 1985. The field was subject to growing public awareness and controversy in the early 2000s, with prominent debates about both its potential implications as well as the feasibility of the applications envisioned by advocates of molecular nanotechnology, and with governments moving to promote and fund research into nanotechnology. The early 2000s also saw the beginnings of some commercial applications of nanotechnology. Carbon nanotubes were discovered by accident in 1991, when a scientist was using the arc discharge method of carbon synthesis to create fullerenes. While he indeed created the fullerenes he’d set out to produce, he also discovered the production of carbon nanotubes. Carbon nanotubes (CNTs) are allotropes of carbon with a cylindrical nanostructure. It has various applications (like electronics, automotive, aeronautics, etc.) that are already in practice and also have the ability to change the face of construction industry, the automobile industry, materials science industry, the space program and a variety of activities and products associated with daily living. Carbon Nanotubes are processed in different ways to be used with different products for example it is used with graphite as composite materials for making tennis rackets, golf clubs etc. We are going to discuss in detail about the carbon nanotubes in the further part. 3 | Page
  • 4. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 1. Technology Background: In actuality, however, carbon nanotubes had been discovered 30 years earlier, but had not been fully appreciated at that time. In the late 1950s, Roger Bacon at Union Carbide, found a strange new carbon fiber while studying carbon under conditions near its triple point. He observed straight, hollow tubes of carbon that appeared to consist in graphitic layers of carbon separated by the same spacing as the planar layers of graphite. In the 1970s, Morinobu Endo observed these tubes again, produced by a gas­phase process. Indeed, he even observed some tubes consisting in only a single layer of rolled­up graphite. Technical A nanotube is a tiny, hollow, long, thin and strong tube with an outside diameter of a nanometer that is formed from atoms such as carbon. A hair from a person’s head is around 50,000 nanometers wide. Nanotubes are also fifty­times stronger than steel, so long filaments can be used to create super­tough lightweight materials. Carbon nanotube or CNT is not a new term in the present scenario actually it is the allotrope of carbon sharing a cylindrical nanostructure. The length­to­diameter of nanotubes lies in between 132,000,000:1 and have very fascinating properties to be used in nanotechnology, optics, material science, electronics and other fields of science. Due to their extraordinary thermal conductivity, mechanical and electrical properties, they are used as additives for various structural materials, for example, in baseball bats, car parts golf clubs etc. Their name has been derived from their long, hollow structure with walls formed by one­atom thick sheets of carbon known as “Graphene”. These sheets are then rolled at specific and discrete angle and the combination of rolling angle and radius decides the properties of these nanotubes. Nanotubes are 4 | Page
  • 5. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] either single­walled nanotubes (SWNTs) or multi­walled nanotubes (MWNTs). The particles of nanotubes are held together by van der Waals forces. Applied quantum chemistry specially the orbital hybridization best describes chemical bonding in them. Chemical bonds are chiefly composed of sp2 bonds similar to those occurring in graphite and are stronger than the sp3 bonds found in diamond and alkanes and so are responsible for great strength of these structures. Types 1. Single walled nanotube: Single walled nanotubes have only one layer of carbon nanotube. The range of tensile strength of SWNT varies from 13­53 GPa. 2. Multi walled nanotube: They have multiple layers of carbon nanotubes around a single one. The strength of multi walled is greater than that of the single walled. The range of tensile strength for MWNT is around 11­150 GPa (Gigapascals). Method of Production: There are 3 Major methods of production of the carbon Nanotubes: 1. Electric Arc Discharge: In this method, Current is passed Between 2 Graphite Electrodes in an inert Gas environment and Carbon from one gets deposited on another and can be collected. The collection rate Directly Proportional to the Electric discharge. The Disadvantage here is that the byproducts have to be separated from the CNT and the Yield is about 30% by mass including the Byproducts and the CNT 2. Laser Ablation Method: Here laser vaporizes a Small sample of Graphite. Catalyst of Co and Ni are used in the process. The Temperature of the Laser discharge can control the dimension and size of the CNT. This gives about 70% yield by mass. Both the above mentioned methods can’t be used for mass production as they have a low yield and CNT are mixed with impurities. Also they are to be produced in batches, which is a major issue for the Mass Production 3. Catalytic Chemical Vapor Deposition (CCVD): This method can produce CNT continuously in a Rotary reactor and is suitable for Mass production of CNT’s. In this method a carbon source in form of Carbon Vapors such as ethylene are used to Foster the growth of the CNT’s. By varying the size of the catalyst we can vary the size of the CNT’s. Nitrogen or 5 | Page
  • 6. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] Hydrogen are added as the process gases and carbon sources are added at 700 degrees and 1 atm pressure. This forms the CNT’s on the Catalysts and they start growing vertically. No debris are formed. It has the highest yield rate and because of this process the Rates of the CNT’s now have fallen down to about $50 to $300 from $1000 to $1500 in the past decade. Current Status & Issues with the technology Although the carbon nanotubes were discovered 15 years ago, their use has been limited due to the complex, dangerous, and expensive methods for their production. Currently, scientists are unable to manufacture carbon tubes of a very long length and they are also working very hard to bond various carbon tubes together to form a tube of an elongated length. If the defected tubes are all lined up, then they can break when you apply a stress. Carbon nanotubes free of defects are really strong. The real challenge is putting things like carbon nanotubes into the materials in a way that they help make the equipment stronger and lighter. Scientists are studying these composites and different ways of bonding the nanometer scale materials into them. Currently we are not able to manufacture any component entirely of nanotubes because we can’t make carbon nanotubes long enough (yet), and hence we need other materials in the composite. The detailed issues with Nano technology and Current markets are discussed in the Research and Development and Market application subtopic respectively. Forecast The next generation might see the use of CNT as vehicle armor, personal armor, or also as the next­generation electronic display. Radios in future might be a part of Carbon Nanotube technology. More than all, it might be possible to build space elevator because of its high tensile strength. CNT has an electrical conductivity six orders of magnitude higher than copper. It might be highly beneficial to the electric vehicle industry as it has the capability to enhance the functions of graphite used in the Li­ion batteries. It has high thermal conductivity and thermal resistance. These properties could be used in clutches and brake linings of cars. It is one of the major tools in the Kanzius cancer therapy, where it is used to kill the cancerous cells. Research have shown that Carbon Nanotubes and their composite nanomaterials are suitable materials for bone cell proliferation and bone formation. The use of CNTs in drug delivery and 6 | Page
  • 7. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] biosensing technology has the potential to revolutionize medicine. Carbon nanotubes are strong and lightweight. These properties are perfect for certain sports products like Tennis rackets and golf clubs. CNT along with other composite materials make a brilliant tennis racket. In the future, you might see a whole tennis racket made out of CNT. Human hurdles for adoption The technology has not yet been completely understood as to how they work, how to mass­produce and how to cut down the cost of production. The technology currently is very expensive. The low dimensional geometry of the CNT makes in unstable in nature. Humans can potentially be exposed to CNTs by inhalation because unprocessed CNTs are lightweight and hence, airborne. They can agglomerate and fill the air passage that may lead to suffocation. It is difficult and expensive to grow defect free Nanotubes. The “Nano trend” has assumed mega proportions but the criticism have followed this trend foot by foot. The main hurdle for adoption is the belief in the technology. Like all emerging technologies, this technology lacks ‘social constitution’ that addresses questions like: who will own the technology? Will it be heavily restricted, or widely available? What will it do to the gap between rich and poor? How can dangerous weapons be controlled, and perilous arms races be prevented? Scientists and weapon manufacturers have already developed prototype paint bombs, filled with disassembling nanobots that literally "eat” metal and can leave an enemy tank only a shadow of its former self. Science fiction writers exploit fears of Nano robots turning into killers. If the technology is headed in the right direction with a good purpose, i.e. to improve the world we live in, the belief will develop as it does with all other emerging technologies. Cost: Carbon nanotubes are being produced at a rate of 50 grams per hour. In addition, because companies are able to produce such a great amount of carbon nanotubes so quickly, they are able to offer it to researchers and to non­profit groups at a heavily reduced cost. This in turn makes it economically feasible for these types of groups to work on producing the facts and evidence for real world application of carbon nanotubes. This was due at the time to the rising demand for carbon nanotubes when manufacturing could not keep up with the demand in the worldwide marketplace. 7 | Page
  • 8. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] Today we can get the CNT ranging anywhere from $95 to $500 per gram. More information on the costing of Nano technology are discussed in the Research and Development sub Topic 2. Market Applications Current Nanotube Markets Currently, carbon nanotube producers such as Bayer Material Sciences and Catalytic Materials have been leading efforts to develop high volume nanomaterials production and promote the use of this technology. Carbon nanotube materials are already in use by producers of X­Ray machines, tennis rackets and bicycle frames. The market for these materials is open and will expand into all sectors as the production processes evolve and material compositions are refined. Potential Future Markets The market for nanotube materials is in its infancy. Though the future is promising, the market is still developing as the technology is promoted further by innovators in the field. Several leading university research efforts (e.g. University of Texas, Northeastern University) as well as small companies refining the development of nanomaterials and production processes are actively promoting the technology to industrial consumers. This is where the market will organically form as material scientists and developers realize the potential for enhancing durability and strength in their products. Potential future markets for nanotube materials will then include healthcare, energy and environmental sectors. Some specific uses for nanotubes in the marketplace are: 1. To replace standard X­Ray and CT scans by applying voltage to nanotube materials and generating images of organs which far exceed the clarity of modern scans. The scans would be able to retrieve the images faster and with multiple views. 2. To use Graphene (a semiconductor) to possibly replace silicon chips. Graphene is produced by manipulating the nanotubes into strand form. Using this material instead of silicon would enable chip manufacturers to fit more on a standard computer chip. 8 | Page
  • 9. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 3. Electronics materials with increased flexibility, durability and strength Carbon nanotube composites that are bendable (by NASA) 4. Aircraft construction: to strengthen the parts of an airplane, coating on the wings to prevent ice, bendable wings, etc. 5. A prototype for carbon nanotube tires (inner tube free) has been developed by designer Brian Russell in Colorado. 6. e­Sheets / e­Paper, 10 times thinner than a sheet of paper, have passed the proof­of­concept tests at the University of Cincinnati's Novel Devices Laboratory. This will revolutionize the smartphone and tablet industries by allowing the creation of foldable devices. The product is known as “electrofluidic imaging film". On the website http://www.nano.Gov, there are details about the research funded by the National Science Foundation to use nanotechnology to prevent surfaces from attracting dirt. Early Adopters Nanotube based X­ray machines have been produced by XinRay Systems (joint venture of Siemens, Inc. and Xintech, Inc.) Catalytic Materials, LLC produces materials with carbon nanotubes & nanofibers, platelet graphite nanofibers (graphene sheets), and carbon nanochips. Bayer Material Sciences produces "Baytubes", they have developed a synthesis process for quality and volume of production. They collaborate with other companies and universities to "drive the development of applications using Baytubes". BMS also has been successful at using nanotube technology in plastic compositions. Mass Adoption Forecast: Mass adoption of carbon nanotube technology will be dependent upon the cost of production and the number of applications and sectors where it can find a niche. It will likely be developed by smaller organizations looking to break into the materials manufacturing realm, but eventually will be embraced by the larger material production companies. One sector, graphene producing companies, has already shown promise as a leader in nanotube materials adoption. A company called AMO touts its competencies in "nanofabrication, nanoelectronics, 9 | Page
  • 10. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] nanophotonics". It is a firm devoted specifically to help other companies learn how to use nanofabrication, with their website promoting their business as "your partner in nanofabrication from prototyping to production". Competitors Competition for the nanotube materials will simply be those companies producing existing manufacturing materials at a lower cost. Composite materials, fabrics, metals that are currently used for mass production may be cheaper until the production of usable nanomaterials is perfected. Current technology: Prior to the widespread adoption of carbon nanotube technology, existing materials will continue to be used. Current market if there is one 1. Easton­Bell Sports, Inc. have been in partnership with Zyvex Performance Materials, using CNT technology in a number of their bicycle components—including flat and riser handlebars, cranks, forks, seatposts, stems and aero bars. 2. Zyvex Technologies has also built a 54' maritime vessel, the Piranha Unmanned Surface Vessel, as a technology demonstrator for what is possible using CNT technology. CNTs help improve the structural performance of the vessel, resulting in a lightweight 8,000 lb boat that can carry a payload of 15,000 lb over a range of 2,500 miles. 3. Amroy Europe Oy manufactures Hybtonite carbon nanoepoxy resins where carbon nanotubes have been chemically activated to bond to epoxy, resulting in a composite material that is 20% to 30% stronger than other composite materials. It has been used for wind turbines, marine paints and variety of sports gear such as skis, ice hockey sticks, baseball bats, hunting arrows, and surfboards. 4. Sports equipment: Applications and Nanocyl Solutions. Current nanotechnology applications in the sports area include: 1. Tennis: In tennis, carbon nanotechnology is used to increase the strength of tennis racquets by adding carbon nanotubes to the frames which increases control and power when you hit the ball. Furthermore, they also reduce the rate of air leaks from tennis balls, so they keep their bounce longer. 10 | Page
  • 11. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] 2. Golf: In golf, carbon nanotubes from Nanocyl are used for filling any imperfections in the club shaft materials with nanoparticles making the clubs stronger and perfectly straight. This improves the uniformity of the material that makes up the shaft and thereby improving the swing. 3. Other Sports: Nanocyl carbon nanotubes demonstrate the same properties, i.e. increasing strength and consequently power, when added to the raw materials of hockey blades, bicycle handlebars, baseball bats, etc. 3. Research and Development Cost The method to Mass Produce is CCVD by Rotary Reactor is very efficient as compared to the others and this process can continuously produce the carbon Nanotubes. Because of the continuous production high quantity and quality of the CNTs, the rates have lowered significantly to about 75$ to $100 for a Gram of SWNT Compared to the rates a decade ago when they were available for about 1000$ to 2000$. There are many companies who supply CNT and the rates vary according to the manufacturer. The range is about $75 to $100 gm. for a sample of 1 gm. The Cost also varies a lot with the purity and the Walls of the CNT. High Purity SWNT may also cost about $300.There are few links from which we can see and get a rough idea about the costing’s, they are mentioned below. 1. CheapTubes:http://www.cheaptubes.com/carbonnanotubesprices.htm#Single_Layer_Graphene _Oxide_Prices 2. (SWeNT) http://www.swentnano.com/tech/products.php#single 3. Helix Material Solutions: http://www.helixmaterial.com/Ordering.html Time to reach the market 11 | Page
  • 12. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] This Nanotechnology is in the talks for decades together. But now we can see the Boom in the Nanotechnology with the successful production and applications of the CNT. The Syntheses of the CNTs from the Rotary Reactor using the CCVD technique can be used for Mass Production without considerable debris and making Pure Carbon Nanotubes. Due to this research there are many adopters of the CNTs and many Venture Capitalists are investing hugely in Nanotechnology. During the Next 5 years we will be seeing the increasing use of CNT in many products, which will eventually lead to increase in the quality of the product and making the product even more durable, lighter and having excellent properties. There is lot of research going on, billions of dollars spent in recent years to reduce the production cost and making more efficient method of production. Many Start­ups are now appearing with various types of Carbon Nanotube materials and will continue to appear in the next 5 years and we will see CNTs appearing in nearly all of the materials ranging from our Cars to Bridges. The use of CNTs in the Medical Field has been very promising. The research in this field is going on from past decade and the Next 10 years are very crucial and we will be seeing many breakthroughs in this field. The cancer treatment using Carbon nanotubes seems to be the most popular research area. There is also research going on to improve drug delivery methods using the CNT. Testing of the Medical methods already developed in medical industry, using the Carbon Nanotubes, is also currently in progress. We will see that in years to come many medicines using the Carbon Nanotubes either for Drug delivery or for radioactive treatment of many diseases and for Diagnoses. Technical Hurdles and also challenges in commercialization: 1. Creating a uniform material: Since carbon nanotubes inherently want to stick together in bundles, some companies have challenges dispersing the carbon nanotubes within the matrix material. Companies use various ways of mitigating this problem, some of which are extrusion, ultrasonic processing, and high shear mixing and melt spinning. All of these techniques help disperse the carbon nanotubes, but none are end­all solutions. Dispersing carbon nanotubes is a very meticulous process that can vary from batch to batch because they are highly sensitive to process parameters. 2. Purification: Depending on which production method is used, single­walled carbon nanotubes can be coated with unwanted soot. The challenge is figuring out how to separate the 12 | Page
  • 13. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] single­walled carbon nanotubes from those substances, without changing or damaging the carbon nanotubes. The soot typically consists of amorphous carbon, metal catalyst and fullerenes, which need to be removed because they can interfere with the properties of the carbon nanotubes. If multi­walled carbon nanotubes are being produced using CVD, there is no need for purification, because virtually no soot is left in the process. The main processes for purifying single­walled carbon nanotubes are oxidation and acid refluxing. There are many other methods of purifying single­walled carbon nanotubes available, but these are the most common. 3. High Cost of Production: A start­up company needs clean rooms, microscopes, probes, power and other equipment. A challenge for small and start­up companies is the affordability of the equipment required for nanotechnology production and research. Aside from the equipment, even the materials used to produce carbon nanotubes can be expensive i.e. the current cost of catalysts for CVD production for single­walled carbon nanotubes represents as much as twenty to fifty percent of the cost of the product. In the future, the catalyst cost for the CVD process will need to be reduced in order to drive down the cost of carbon nanotube production. Another high cost is the nanotechnology workforce itself. Many companies in the carbon nanotube composites industry are still doing a lot of basic research. This research requires workers who have higher educations, which are, in turn, compensated higher than most workers. 4. Risk Assessment: Unfortunately, of the billion­dollar budget that the U.S. government spends on nanotechnology each year, only about four percent is spent on risk assessment. A risk assessment (RA) has not yet been developed for carbon nanotubes or carbon nanotube composites. A (RA) quantifies the probability of a harmful effect on people or the environment under certain conditions, and identifies product specifications, handling practices, disclosures, and use limits that are necessary to assure that risks from the product are within an acceptable range. Such an assessment is necessary, especially since most of the current regulatory measures only deal with a single event—a cause and its effect—and do not consider the life cycle of the products or its interactions with other events. 1:All of the above part of the research and development has been referred from -From a Journal presented at 'Wise'- Washington internships for students of engineering 13 | Page
  • 14. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] Challenges in commercializing Carbon Nanotubes Composites by Emily Pfautsch- 2007 WISE Intern at University of Missouri - Columbia 4. Commercialization Product: Carbon Nanotubes is a disruptive technology that revolutionary change the quality standards of products strengthen and stability. However, in this section will study the marketplace, commercialization strategies and expected challenges to understand the product feasibility. The vital commercial strategy is by campaigning to raise market awareness among companies and within the end users category to control demand which drives companies strategy to satisfy these demands. Moreover, using the channel of universities is one of platforms to promote the knowledge of CNTs. Commercialization strategy 1. Raise awareness (educate market audience ­university channel) 2. Growing demand 3. End customer's demand drive companies strategy Commercial companies Company Production kg/day Cost Type Carbolex ~35 kg/day $60­100 Single­Walled Nanotube NanoLedge 120 g/day $64­85 Single­Walled Nanotube NanoLab 20­100 g/day $200­400 Single­Walled Nanotube http://www.nanotech-now.com/nanotube-survey-april2003.htmhttp://www.nanotech-n ow.com/nanotube-survey-april2003.htm 14 | Page
  • 15. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] Target market Companies such as Carbolex, CNRI, CNI and Catalytic are targeting R&D departments of large corporate companies and Universities laboratory in areas of electronics and polymers. Those targeted entities are using the technology as an additive that added value to their existing products or creating a total new products based on CNTs. However, this technology has been used in several markets and fields such as; Healthcare, environment, electronics and sport tools and materials. The following exhibit show an example of two sport companies that use CNTs in their Tennis Rackets :­List of Target markets 1. Universities 2. Corporate companies (Sport ­Health ...etc) 3. Laboratories 4. Governmental organization Company Wilson Babolat Advantages Increases strength, stability and power Stiffer racquet provides more power. Prices Average $100­150 $100­150 Product nCodetm racquet frames containing silicon dioxide nanoparticles nstm Tennis racquet frames containing carbon nanotubes http://www.understandingnano.com/nanotechnology­company. html Challenges Companies are facing challenges regardless other competitiveness and market advantages such as; the quickness of changing in circle process for the Nanotubes technology and the adaptation of 15 | Page
  • 16. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] technology commercially. However, the limitation of technology, time and capital are the main challenges that threatening CNTs producers. Yet, despite, the technology is rapidly improving and commercially adopted. But, that do not allow companies to produce a sufficient quantity with efficient and acceptable prices to cause technology diffusion. 5. RECOMMENDATIONS: The major issue with any radical technology is the awareness of that technology. So is the case with Carbon Nanotubes. The importance of carbon Nanotubes is less understood than it is criticized. Spreading awareness about the potentials of CNT is very important for its future. Also, it needs support in the R&D from the government bodies, Universities and the Research Organizations for its smooth and efficient growth. Some recommendations to get this right: 1. Spreading awareness: Adopting the technology is one of the hardest step for most of emerging technologies, raising awareness about the usage and importance of nanotubes is a crucial step to ease the adoption. Organization and scientists have to spend more time and effort in making the technology known not just within the academic field but also within most of our life aspects, and how CNT could improve each aspect. 2. Increase R&D funding: The R&D funding bodies like the National Science Foundation, Federal Government and State Government, Survey of R&D Expenditures at Universities and Colleges should increase their focus and spendings on CNT companies. The technology is not yet been completely understood by the scientists themselves. The basic research needs more focus and technology needs better understanding. This will not only help to cut down the prices of the product, but also, the future potential benefits can be well discovered. 6. CONCLUSION Whether or not people accept it, the technology is here and it is here to stay. Carbon Nanotubes is the future and it is going to make things function better. People will adopt it, maybe slowly, but surely. It is a 16 | Page
  • 17. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] great enhancement tool for a lot of industries like sports, electronics, automobiles, healthcare and I think everything that you can possible think of. The applications are vast and wide and could be seen everywhere in the near future. There are over a hundred companies around the world in CNT market with major players with Nanocyl, Showa Denko, Bayer MaterialScience and CNano Technology Limited AG being the leaders. With 3141 Metric tons of CNT being produced in 2011, the production is expected to rise 12806 Metric Tons by 2016 with a CAGR of 32.5%. These statistics prove nothing but the potential that the nanotubes holds in the future. The unique characteristics of CNT have created a superb all­carbon material and can be considered as the best fiber ever fabricated. However, to hedge the gap between the basic research and real world application is a little difficult. But, with the smooth and efficient transfer of the basic findings to industries to commercialize, CNT will be the star of the future, probably a star that takes you to a star, in an elevator. 7. References: http://www.research.ibm.com/disciplines/materials_science.shtml http://www.azonano.com/article.aspx?ArticleID=982 http://www.ceet.niu.edu/cecourse/NANO/101_projects.htm http://ezinearticles.com/?Carbon­Nanotubes: ­Pros­and­Cons& id=7189786 http://www.nano­c. com/nanotubes.html#whatis http://phys.org/news151938445.html http://spectrum.ieee.org/nanoclast/semiconductors/materials/nist­reveals­reliability­problems­wit h­carbon­nanotubes­in­electronics http://www.sciencedaily.com/releases/2011/08/110817101955.htm http://www.zimbio.com/Nanotechnology/articles/QDQi658wvOt/Carbon+Nanotubes+Pros+an d+Cons http://www.understandingnano.com/what­are­carbon­nanotubes. html http://news.brown.edu/pressreleases/2011/09/nanotips http://discovermagazine.com/2009/jul­aug/ 09­ways­carbon­nanotubes­just­might­rock­world http://www.research.ibm.com/nanoscience/nanotubes.html 17 | Page
  • 18. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] http://www.pa.msu.edu/cmp/csc/nanotube.html http://en.wikipedia.org/wiki/Carbon_nanotube http://en.wikipedia.org/wiki/Carbon_nanotube http://nanogloss.com/nanotechnology/advantages­and­disadvantages­of­nanotechnology/# axzz2 BJlZR6vA http://nanogloss.com/category/nanotubes/#ixzz2Bae8TUiJ http://www.nasa.gov/vision/earth/technologies/nanotechnology.html http://www.nanotube­suppliers. com/node/9 http://hyperioncatalysis.com/technology2.htm http://www.scribd.com/doc/79246472/Carbon­Nanotube­Science http://www.nanooze.org/english/articles/article22_swingyourracket.html http://en.wikipedia.org/wiki/Carbon_nanotube#Current_applications http://spectrum.ieee.org/tech­talk/ semiconductors/devices/the_long_and_short_of_carbon _n http://nanogloss.com/nanotubes/how­much­do­nanotubes­cost/# ixzz2BZdtYiSf http://nanogloss.com/nanotubes/how­much­do­nanotubes­cost/# ixzz2BZdFPyUL http://www.research.ibm.com/nanoscience/nanotubes.html 1. http://www.technologyreview.com/tagged/nanotubes/ http://www.howstuffworks.com/nanotechnology.htm http://www.nano.gov/ Interview with Ray Baughman University of Texas, UTD Nanotech Institute by Nova: http://www.youtube.com/watch?v=19nzPt62UPg http://www.understandingnano.com/nanotubes­carbon. html http://discovermagazine.com/2009/jul­aug/ 09­ways­carbon­nanotubes­just­might­rock­w orld http://www.xinraysystems.com/index.php?option=com_content&task=blogcategory&id= 19&Itemid=39 http://www.xinraysystems.com/media/ACR_bulletin_MBFEX_2011.pdf 18 | Page
  • 19. CARBON NANOTUBES- [AN EMERGING TECHNOLOGY] http://researchnews.osu.edu/archive/butterflynano.htm http://www.wsbradio.com/videos/news/national/airless­bike­tires­use­carbon­nanotubes­t o­keep/ vgzdY/ http://www.nanowerk.com/news2/newsid=27145.php http://www.graphene­info. com/companies http://www.amo.de/aboutus.0.html?&L=0 http://www.wilson.com/en­us/ golf/wilsonstaff/history/wilson/;jsessionid=8D34463DAE85 8BB380046686D65D73F3 19 | Page