Global Carbon Nanotube Market (2021-2026) by Type, Method, Application, End-Use Industry, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
Introduction
The Global Carbon Nanotube Market is estimated to be USD 5.71 Bn in 2021 and is expected to reach USD 10.34 Bn by 2026, growing at a CAGR of 12.6 %.
Market Dynamics
The increasing demand for lightweight and low carbon-emitting vehicles, rising environmental concern, and the feature of carbon nanotubes acting as a shield against penetration in case of lightning strikes, along with the government initiatives to adopt the use of renewable sources of energy like solar and wind energy has led to the growth of the Global Carbon Nanotubes Market. In addition to this, the high growth of end-use industries such as electrical and electronics, automotive, and rising product demand from application industries comprising plastics, electronics, and energy storage, are key factors influencing the market growth. Furthermore, the increasing composite application of carbon nanotubes in the defense and automotive industry and the rapid advancements in technology bought in by the key players are expected to offer a variety of growth opportunities for the global carbon nanotubes market.
However, the non-toxic nature and lower cost of production of inorganic nanotubes, poor yields are anticipated to hinder the Global Carbon Nanotubes Market. Furthermore, lack of real-time production capacity, and uneven material quality leading to increasing product cost, may act as key restraints towards the growth of the Global Carbon Nanotubes Market.
Market Segmentation
The Global Carbon Nanotube Market is segmented further based on Type, Method, Application, End-Use Industry, and Geography
By Type, the market is classified into Single-Walled Carbon Nanotubes (SWCNT), and Multi-Walled Carbon Nanotubes (MWCNT). Amongst the two, the Multi-Walled Carbon Nanotubes (SWCNT) segment is estimated to hold the highest market share during the forecast period.
By Method, the market is classified as Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition (CCVD), High-Pressure Carbon Monoxide Reaction, and Others. Amongst all, the Chemical Vapor Deposition segment is estimated to hold the highest market share during the forecast period.
By Application, the market is classified as Structural Polymer Composites, Conductive Polymer Composites, Conductive Adhesives, Fire-Retardant Plastics, Metal Matrix Composites, Li-Ion Battery Electrodes, and Others. Amongst all, the Conductive Polymer Composites segment is estimated to hold the highest market share during the forecast period.
By End-Use Industry, the market is classified as Electronics, Aerospace And Defense, Automotive, Textiles, Healthcare, Energy, and Others. Amongst all, the Electronics segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. Trinseo completes the acquisition of Arkema’s PMMA Business. –3rd May 2021
2. LG Chem expands carbon nanotube production to 1,700 tons, in Yeosu, South Jeolla Province. – 14th April 2021
Company Profiles
Some of the companies covered in this report are Nano-C, LG Chemicals, XinNano Material, Hyperion Catalysis International, Nopo Nanotechnologies, Ossila, etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Carbon Nanotube Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Companies Mentioned
LG Chemical
Cabot
Showa Denko
Jiangsu Cnano Technology
Nanocyl
Arkema
Cheap Tubes
Arry International
Carbon Solutions
OCSiAl
Kumho Petrochemical
Klean Industries
Raymor
Nanolab
Chasm Advanced Materials
Nano-C
Xinano
Hyperion Catalysis International
Nopo Nanotechnologies
Ossila
Continental Carbon Nanotechnologies
Times Nano
Zyvex Technologies
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