Carbon Nanotube Market Overview:-
The global Carbon Nanotube Market has seen a remarkable growth over the past decade and as per the analysis, the globalMarket will retain this growth status during the forecast period. The global Carbon Nanotube Market is expected to reach more than USD 55 billion by 2022 with a CAGR of more than 5.5%. Additives in plastic increase it’s the strength, reliability and other physical properties. Plastic is one of most used material in several application ranging from packaging, automotive, wire and cable, consumer goods, construction and so on. The global Carbon Nanotube Market is mainly driven by the increasing demand of plastic and growing application segment across the globe. Additionally, the emerging economies of APAC region, rising per capita income and increasing urbanization has also become the growing factors.
Carbon Nanotubes (CNTs) are an allotropes of carbon. It comes in a cylindrical nanostructure of carbon molecules with unusual properties, which are valuable in nanotechnology and other fields of material science. CNT exhibit many essential properties such as greater thermal conductivity, extraordinary electrical properties, and good mechanical strength. Carbon Nanotube (CNT) is a long hollow structure with the wall formed by one-atom-thick sheets of carbon. The sheets of carbon nanostructure are rolled at specific and discrete angles, wherein the combination of rolling angle and radius of tube decides the properties of nanotube. It can be a single walled or a multi-walled structure. Most single walled CNT (SWCNT) have a diameter close to one micron and made by wrapping a one-atom-thick layer of graphene into seamless cylinder. On the other hand, Multi-walled CNT (MWCNT) consist of multiple rolled layers (concentric tubes) of graphene. Applications of CNT can be found in number of industries including, aerospace & defense, electrical & electronics, energy, sports, and chemicals among others. They are also used as an additives to various structural materials to enhance properties of that material. In electrical & electronics industry the use of CNT can be seen in electromagnetic-wave absorption and shielding, energy conversion and lithium-battery anodes. Other industries in which CNTs find their applications include healthcare, wherein there is growing use of CNT for point-specific drug delivery.
Carbon Nanotube Market Key Players:-
Arry International Group Limited
Thomas Swan & Co
NanoLab, Inc
Carbon Solutions
NanoLab
KUMHO PETROCHEMICAL
OCSiAI
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Regional Analysis:
The Global CNT Market is divided into five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among them, Asia Pacific is both the largest and fastest growing region in the Global CNT Market. This region accounts for ~45% share of the overall CNT market. India, Japan, and China are the leading market in this region owing to the presence of major key players and end use industries such as electrical & electronics and automotive. North America is closely following Asia Pacific in terms of the market size. Germany, the U.K., France, and Italy are the major markets in this region. This is attributed to the growing aerospace & defense industry along with green energy sector in this region. After North America, Europe is the major region in terms market size, in the global CNT market. The U.S is holding major share of the regional CNT market. The aerospace & defense industry along with automotive industry in this region are consuming considerable amount of CNT, which is anticipated to push the regional market forward. Latin America is projected to grow at significantly at a higher CAGR in coming years due to increasing industrialization and pacifying economic conditions in Brazil and Colombia. Lastly, the Middle East & Africa is emerging owing to an increasing construction activities to cater flourishing tourism industry in the region to join hands with the leading regions in the Global CNT Market during the forecast period.
Intended Audience
- CNTs Manufacturers
- Traders and Distributors of CNTs
- Research and Development Institutes
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Additional Information
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
Geographic Analysis
- Geographical analysis across 15 countries.
Company Information
- Profiling of 10 key Market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies.
The report covers brief analysis of geographical region includes
North America
- US
- Canada
Europe
- Germany
- France
- Italy
- The Netherlands
- U.K.
- Rest of Europe
APAC
- China
- India
- Japan
- Rest of Asia-Pacific
RoW
- South America
- Middle East
- Africa
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