Market Research Report
GLOBAL CARBON NANOTUBES MARKET FORECAST 2018-2026
|Published by||Inkwood Research||Product code||519825|
|Published||Content info||110 Pages
Delivery time: 1-2 business days
The Global Carbon Nanotube market is expected to grow at a CAGR of 17.69% during the forecast years of 2018-2026.Technological advancements in the field of CNT through continuous R&D, high conductivity as well as their properties of high tensile strength, low density, and transparency are some of the factors responsible for increasing the demand of this market.
The potential to replace fragile & expensive material like indium-in-coated films, a rise in the production capacities, multiple applications across various sectors, advantages due to their physical properties, and the technological advancements in their manufacturing are some of the major driving forces behind the progression of the global CNT market. The market products are majorly segmented into MWCNT and SWCNT. The decreasing prices of SWCNT and their increasing demand from emerging economies are providing the global CNT market with plenty of growth opportunities. The market finds its application in areas like chemicals, polymers, and composites material; energy and energy-related areas; electronic devices and semiconductors and other sectors.
Geographically, the global carbon nanotube market is segmented into Asia-Pacific, Europe, North America and rest of world. Asia-Pacific is a major market for CNTs. It is a fast-growing market with regions like Japan, South Korea, and China contributing majorly to its growth. The demand for the CNT market is also more in these countries on account of the large-scale production of solar panel and electric storage batteries, wherein the CNTs are mostly used.
Some of the global market leaders for CNTs include Nanocyl Sa, Arkema Sa, Cheap Tubes Inc, Hyperion Catalysis International Inc, Nanothinx Sa, Klean Commodities, Raymor Industries Inc, Future Carbon Gmbh, Hanwha Nanotech Corporation, Showa Denko K.K, Korea Kumho Petrochemical Company Ltd, Cnano Technology Limited, Nanoshel Llc, Arry International Group Limited, Carbon Solutions, Grafen Chemical Industries Limited, and Shenzhen Susn Sinotech New Materials Co. Ltd