Global Nanotubes Market - Segmented By Type, Application and Geography (2016-2021)
The market of the carbon nanotubes is expected to grow at a compound annual growth rate of 16% in the next 3-4 years. At present the carbon nanotubes account for about 28% market share of the total nanomaterial market. Majorly used nanotubes are carbon nanotubes, silicon nanotube, boron nitride nanotube, DNA nanotube and membrane nanotube. The major applications of carbon nanotubes are in microelectronics, solar cells, electronic components and loud speakers. The global production of carbon nanotubes in 2014 was over 7300 million tons.
Market Dynamics of the Global Nanotubes Market
Increasing research and growing patents year by year
Emerging applications of nanotubes in electronics, solar cells and Li-ion batteries
Newer methods of producing nanotubes on a large scale at lower costs
Difficulty in mass production of nanotubes
Acquiring patents for the production of nanotubes
Baseline for the production of nanotubes based on safety regulations leading to less productivity
The commercial production of boron nitride nanotubes was about 100 gms in 2013, of late boron nitride nanotubes production is being commercialized. A startup BNNT, with their license from Berkely Laboratory and Tenka Holdings Canada, with an exclusive agreement with National Research Council of Canada, has decided to commercially manufacture boron nitride nanotubes on a large scale. These nanotubes are used in aerospace, biomedical, automotive and defence & security.
The silicon nanotubes have found their application in Li-ion battery, by which the Li-ion capacity can be increased by 10 times. Inorganic polymers can be used in bone tissue engineering applications. Member nanotubes have found potential application in various fields like food safety, environmental pollution control, health and fuel cell.
North America is the largest producer of nanotubes. The Asia-Pacific is the fastest-growing nanotubes market, with China leading it. Increasing investments in the research and growing number of patents is the major driver for the market. The Asia-Pacific has the largest installed capacity of CNTs mainly due to the significant presence of electrical & electronics market, which is dominated by Japan, South Korea, Taiwan, China and Singapore.
The market is segmented by geography into North America, Europe, the Asia-Pacific (APAC), South America and the Middle-East & Africa (MEA); wherein the market share of each region is analyzed and estimates are provided. Some of the key vendors of the nanotubes are:
Key Deliverables in the Study:
Analysis for the global nanotubes market, with region specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global nanotubes market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
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