Carbon nanotubes (CNTs) are allotropes of carbon with a cylindrical nanostructure and are used in a number of application including manufacturing of conductive polymer, metal matrix composites, li-ion battery electrodes, conductive adhesives, and others. The material's exceptional strength and stiffness, these nanotubes have been constructed with length-to-diameter ratio of up to 132,000,000:1. Owing to their excellent electrical properties they are widely used in electrical and electronics applications such as sensors, photovoltaics, semiconductor devices, and among others. Thus, electronics & semiconductor is one of the largest application of carbon nanotubes, followed by advanced materials, batteries & capacitors applications, and others. Recently the demands for these tubes are increased due to incretions demand for the electrical components.
|Market||Carbon Nanotubes Market|
|Analysis Period||2015 - 2026|
|Forecast Data||2018 - 2026|
|Segments Covered||By Types, By Application, By End Users and By Geography|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Arkema Group, Mitsubishi Rayon Co., Ltd., Klean Industries Inc., Hyperion Catalysis International, Inc., OCSiAL, Toray Industries Inc, CNano Technology Limited, Nanocyl S.A., Unidym Inc., FutureCarbon GmbH, Carbon Solutions, Inc., Nanoshel LLC, Hanwha Chemical Corp., Kumho Petrochemical Co., Ltd., Nanolab Inc., Showa Denko K.K., Cnt Co., Ltd., and Arry International Group Limited.|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
|Customization Scope||10 hrs of free customization and expert consultation
The global carbon nanotubes market is majorly driven by increasing demand for the lithium-ion batteries, increasing demand for various electrical products, and various advantages of carbon nanotubes. Increasing global population has led to increase in demand for the various components significantly affecting the growth of the market positively. Additionally, carbon nanotubes are comparatively lighter than other material; this property has increase the application of carbon nanotubes. Additionally, increasing government support, rapid development in the technology, and increasing need for better substitute will support the growth of the market.
However, high cost of the products and lack of awareness may restrain the growth of the market. In near future, the market will possess a huge opportunities.
Market Classification and Overview
The global carbon nanotubes market is segmented into types, application, and end user.
On the basis of type, the market is segmented into single-walled carbon nanotubes, and multi-walled carbon nanotubes.
On the basis of application, the market is bifurcated into structural polymer, conductive polymer, metal matrix composites, Li-ion battery electrodes, conductive adhesives, and others.
On the basis of end user, the market is categorized into aerospace & defense, electricals & electronics, energy, automotive, automotive, and others.
Regionally, the global carbon nanotubes market is segmented into North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA). North America commands the largest share in the carbon nanotubes market owing to the presence of investments by the manufacturers, increasing demand for the carbon nanotubes from electrical industries and rising government support. Europe is experiencing a sound growth during the forecast period owing to well developed economies and huge availability. Asia Pacific is expected to have a fastest growth for the market owing to the presence of developing counters, increasing demand for the various electrical components, and increasing government support. On the other hand LAMEA is expected to witness the steady growth during the forecasted period 2016—2026.
The carbon nanotubes market comprises of some of the major players such as Arkema Group, Mitsubishi Rayon Co., Ltd., Klean Industries Inc., Hyperion Catalysis International, Inc., OCSiAL, Toray Industries Inc, CNano Technology Limited, Nanocyl S.A., Unidym Inc., FutureCarbon GmbH, Carbon Solutions, Inc., Nanoshel LLC, Hanwha Chemical Corp., Kumho Petrochemical Co., Ltd., Nanolab Inc., Showa Denko K.K., Cnt Co., Ltd., and Arry International Group Limited.
Market by Type
Market by Application
Market by End User