Asia Pacific Carbon Nanotubes Market Forecast 2018-2026
KEY FINDINGS Revenue generated by the Asia-Pacific carbon nanotube market is exhibiting a CAGR of 18.30% for the forecast period of 2018-2026.
MARKET INSIGHTS There is huge scope for CNT business in Asia Pacific region. Energy and energy-related material is the fastest growing field of CNT. China and Taiwan are the largest producers of solar cells and panels, while India is an emerging market for solar cells and solar tubular batteries. The region has seen a considerable rise in production capacities, thus boosting its growth. Decreasing prices of SWCNT and increasing demand from emerging economies are presenting the market with lucrative opportunities. However, efficiency issues and technological challenges are factors that are considerably hindering the market advancement.
COMPETITIVE INSIGHTS Major players like Nanocyl Sa, Cnano Technology Limited, Carbon Solutions, Hanwha Nanotech Corporation, Hyperion Catalysis International Inc, Raymor Industries Inc, Nanoshel Llc, Grafen Chemical Industries Limited, Arry International Group Limited, Shenzhen Susn Sinotech New Materials Co. Ltd, Klean Commodities, Arkema Sa, Showa Denko K.K and Korea Kumho Petrochemical Company Ltd are dealing in this market.