Carbon Nanotubes Market evaluates the market share held by the key Players of the industry and offers a full assessment of the competitive landscape. This market is fragmented into different segments with the insightful analysis of each segment with respect to the geography for the study period. Based on the historical data, the report evaluation future prospects and provides the market trends, size, growth, and estimation for the period 2018-2025.
Carbon nanotube is a tube-shaped material, polymer of carbon, which has a diameter measuring on the nanometer scale. Carbon nanotubes have properties such as stiffness, strength and tenacity Carbon nanotubes are able to replace other materials in a wide variety of applications because of certain properties such as their excellent mechanical strength and thermal and electrical conduction properties. Carbon nanotubes are used in various applications such as electronics & semiconductors, batteries & capacitors, chemical & polymers, energy, healthcare, composites, aerospace & defense etc.
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The carbon nanotubes are classified according to product as single walled nanotubes (SWCNT) and multi walled nanotubes (MWCNT). Multi walled nanotubes has the largest market share. They are classified according to application as polymers, electrical and electronics, energy and others. The electrical and electronics segment accounted for the largest market share among all the applications, in terms of value. The energy segment is expected to grow rapidly during the forecast period.
The major trend emerging in carbon nanotube market is continuous research and development, increase in the production capacity and applications in various sectors. The growing demand for carbon nanotubes in various applications such as electrical and electronics, energy, consumer goods, automobile, aerospace, defense sectors and healthcare has led to heavy investments in the production capacities. It is also helping to drive the market for carbon nanotubes. The potential of carbon nanotubes to replace other materials is also fueling the growth of the market. Manufacturers are working on the development and adoption of cost-effective methods for producing high-quality single-walled carbon nanotubes which is going to increase its demand in the forecast period. The key constraints for this market are high cost of raw materials and productions and slower rate of production.
Major player assessed in the report are:
- Arkema S.A.
- Arry International Group Ltd.
- Carbon Solutions Inc.
- Cheap Tubes Inc.
- CNT Company Ltd.
- Continental Carbon Company
- Hanwha Chemical Co. Ltd.
- Hyperion Catalysis international Inc.
- Others
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Segmentations In The Report:
1. Carbon Nanotubes By Product:
- Multi Walled Nanotubes (MWCNT)
- Single Walled Nanotubes (SWCNT)
2. Carbon Nanotubes By Application:
- Polymers
- Electrical & Electronics
- Energy
- Others
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