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Who is Making Money from Nanomaterials and How? - The Value Chain and Business models for

Nanomaterials

Technology For Industry LtdCambridgeshire, UK

www.tfi-ltd.co.uk

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Speaker 1

Dr. J Malcolm Wilkinson

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Overview of Current Applications of Nanomaterials

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Timescales To Reach Production

2005 2010 20152000

-Pigments -Drug Delivery

-Paints, Ink-Catalyst

-Fuel Additives

-Membranes (Fuel Cell)-Batteries- Conductive

Polymers-FEDS

-High Strength Flame Resistance Polymer -

- Medical Scaffolds

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Cost of Nanomaterials

0.1

1

10

100

1000

10000

100000

1000000

Carbon

Blac

k

Nano C

lay

Silica (

SiO2)

Nano I

ron O

xide

Titania(

TiO2)

Carbon

Nan

ofibres

Multi w

all N

anotu

bes

Single w

all N

anotu

bes

£/K

g

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Global Nanomaterials Production Rate

1

100245

1500

40000

1

10

100

1000

10000

100000

Nanomaterials forBiotechnology

CarbonNanotubes

Nanocompositesfor Automotive

Nanomaterials forSkincare

Nanomaterials forChemicals

Application Areas

Tonn

es/y

ear

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R&D

ManufacturingOf Materials

Devices

Products

Applications

Market

Thomas Swan Huntsman Smith & Nephew

WilsonSportingGoods

Pilkington Oxonica Zyvex

Nanomaterials Supply Chain

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business model

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Huntsman Tioxide

Avecia

PaintsPigmentsInks

Chemicals

L‘OrealOxonicaSmith & Nephew

SunscreensDrug Delivery Patches

Skincare/Healthcare

Vantage PolymersLight Weight Body Panels

Automotive

Thomas SwanR&D on MaterialsCarbon Nanotubes

Alza CorpDrug FormulationBiotechnology

Examples of Companies

Examples of Applications

Sector

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DTI Case Study: Thomas Swan Carbon Nanotubes

Thomas Swan was founded in 1926 and is involved in manufacture and sales of specialty chemicalsCarbon nanotubes are rolled up sheets of graphite (~1nm diameter) and have many potential applications including:• Electronics & displays • Composite materials• Hydrogen storage • Packaging & shielding

Thomas Swan began commercial manufacturing (~4 – 5 kg/ month) of single walled carbon nanotubes in April 2004 via chemical vapour depositionThe material quality has been independently certified

Single Walled Carbon Nanotube, Thomas Swan

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Benefits and Results

Carbon nanotubes have remarkable properties:• 100 x stronger than steel by weight• Excellent electrical and thermal

conductors• Potential for hydrogen storage

The material properties are heavily dependent on the structure which is determined by the manufacturing processAre being developed for light and strong:• Body armour • Sports equipment• Aerospace parts • Car body panels

Larger quantities of consistent material are required for investigation and use

Global Carbon Nanotube Market

00.20.40.60.8

11.21.41.61.8

2

2005 2010 2015 2020

Bill

ion

(£)

Mitsubishi Research Foundation

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Commercialisation Methodand Key Points

Thomas Swan supplies a high value material with no IP constraints to customers (in contrast to some suppliers)The process was scaled from a lab to a commercial one by close work with Cambridge University for >5 yearsFurther collaborative innovation regarding a ‘spinning’reactor with improved purity and efficiency should sustain competitivenessClear and well managed licence agreements with academic collaborators have been an important factor

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PRODUCTION MIXING/FORMULATION FABRICATION

EQUIPMENT MANUFACTURERS (e.g. RONDOL)

Other Opportunities

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Rondol Technology : The Company

The Company was registered 5 years ago

Products : Precision mixing, compounding and micro moulding equipment

Annual sales exceed £0.5 million

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The Technology

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The Technology

• Twin Screw Technology• Micro-Moulding Technology

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Speaker 2 Dr. Graham Dransfield

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Nanotechnology and Titanium Dioxide

Cosmetics is a Very Active Area

ShampoosSkin CreamsSunscreens – TiO2 in particular

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UV Attenuation vs. Particle Size for TiO2

280 300 320 340 360 380 400 420 440 460 480 500Wavelength(nm)

Atte

nuat

ion

of U

V

40nm

60nm

100nm

220nm

UVAUVB

20nm

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Nanotechnology and TiO2Sunscreens

The result: Conventional material

100 nm

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Nanotechnology and TiO2Sunscreens

The result: Step change material

100 nm

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Nanotechnology and TiO2Sunscreens

OVERALL RESULT:

STEP CHANGE TRANSPARENCY!

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The Video Clip

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Products Photo

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Marketing Slide 2002 (source Kline)

Total Market Size £138MOrganic Sunscreen £113M (80%)Inorganic Sunscreen £25M (20%)

Data courtesy of Uniqema

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Market for Sunscreen Active Ingredients 2010

Total Market Size £150?MInorganic Sunscreens value set to increase to £50M+ by 2010?

Mainly due to improvement in transparency

Technical improvement offset by price erosion of organics

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Possible other Applications

Plastics e.g. food wrappingPaintsWood varnishesElectroceramicsPhotocatalysts Solar energySelf cleaning glass

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Conclusions

Potential >£50M market for inorganic sunscreen ingredientsPotential for wider (and larger) markets, including polymer packaging, through nanoscale additionsSafety and regulation are important factorsIP an important factor

Small things can lead to big money!

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THANK YOU FOR YOUR TIME

ANY QUESTIONS?