One of the important factors influencing the growth of the market is the increase of applications in end-use industries such as power and electronics.
VANCOUVER, BC, CANADA, September 19, 2021 /EINPresswire.com/ – The global carbon nanotube market is expected to reach $ 16.22 billion by 2027, according to a new report from Emergen Research. The carbon nanotube (CNT) market is growing rapidly due to increasing demand from end user industries such as power & electronics, aerospace & defense, energy, healthcare, automotive and textiles. Carbon nanotubes are suitable for a large number of applications requiring resilience, toughness, electrical and thermal conductivity and lightness characteristics compared to conventionally used materials.
In the report, the researchers also focus on the remarkable market changes that have followed the coronavirus outbreak. By far, the COVID-19 pandemic has altered various aspects of the global Carbon Nanotubes market scenario. However, this report offers an in-depth analysis of the COVID-19 impact of the market to help readers gain knowledge about the significant effects of the outbreak on the present and future scenario of this business space. This is the most recent report that undertakes the current economic situation hit hard by the COVID-19 pandemic.
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Highlights of the report
By product type, multi-wall carbon nanotubes, in terms of revenue, contributed to the largest market size of $ 4.80 billion in 2019. The structure of this product type results in better conductivity and the strength of the atomic bonds allows it to withstand high temperatures. .
By vertical sector, the electrical and electronics industry held the second largest market share in 2019 and is expected to experience a growth rate of 14.6% during the forecast period. A much larger number of transistors made from CNT can be mounted on a chip, due to their small size, compared to the number mounted on a silicon chip. In addition, the chips are faster, very efficient, and produce much less heat than silicon chips.
North America, in terms of revenue, held the second market share in 2019, due to the growth and technological advancements of the electronics industry and the increase in the production of technical polymers (CNTs improve the thermal decomposition and melting temperatures) in the region.
The main participants are Arkema SA, Carbon Solutions Inc., Showa Denko KK, Arry International Group Ltd., FutureCarbon GmbH, Unidym Inc., Continental Carbon Company, Klean Carbon Inc., Hyperion Catalysis International Inc. and Cnt Co. Ltd., among others.
Emergen Research has segmented the global carbon nanotubes market on the basis of product type, methods, industry vertical, and region:
Outlook Product Type (Revenue, USD Billion; 2017-2027)
Single Wall Carbon Nanotube
Multi-walled carbon nanotube
Methods Outlook (Revenue, Billions USD; 2017-2027)
Laser ablation of graphite
Chemical vapor deposition (CVD)
Industry Verticals Outlook (Revenue, USD Billion; 2017-2027)
Electricity and electronics
Aerospace and Defense
Regional Segmentation Of Carbon Nanotubes Market:
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of the EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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The report offers an insightful description of the value chain and distribution channels of the global market, while identifying an array of business strategies employed by industry professionals. With special emphasis on the market scope and application areas, the report covers many aspects of the industry including current industry trends, growth potential, up-to-date contours, and restraints. market, among others.
Key factors influencing market compensation:
The global carbon nanotubes market report comprises a detailed study of the market product range and further describes the different types of products including one-sided, double-sided, and others.
The report focuses on the overall market dynamics and presents information regarding producers and distributors, manufacturing cost structure, and downstream buyers.
The details regarding the expected growth rate, industry share, accumulated revenue, and product segmentation are outlined in this report.
The application landscape of the global carbon nanotubes market can be categorized into for humans, for animals and others.
The study further examines the industry share and product demand of each application, along with the expected growth patterns of different application segments.
Other critical factors, such as the rate of market concentration and the rate of transformation of raw materials, were also covered by the latest study.
Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2019-2027
Chapter 3. Main information
Chapter 4. Carbon Nanotubes Market Segmentation and Impact Analysis
4.1. Carbon Nanotube Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market driver analysis
126.96.36.199. Growing application in end-use industries such as electrical and electronics
188.8.131.52. Growing demand for energy storage
184.108.40.206. Growth of the automotive industry
220.127.116.11. Technological advance
4.2.3. Analysis of market constraints
18.104.22.168. Availability of substitutes
22.214.171.124. Environmental concerns
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
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