Global carbon nanotubes demand is projected to grow at a healthy CAGR of 6.98% during the forecast period until 2030. Carbon nanotubes are rolled up sheets of single layer carbon atoms(graphene). They have cylindrical structure. Based on the cylindrical structure Carbon nanotubes can be classified into Single walled carbon nanotubes and multiwalled Carbon nanotubes. Owing to their superior properties like high electrical conductivity, high thermal conductivity, high mechanical strength, very light weight, very high aspect ratio, high chemical stability, carbon nanotubes find application in every field requiring high performance materials like automotive, defence, aerospace, energy, sports etc. Carbon nanotubes can be produced mainly by three methods which include arc discharge, laser ablation of graphite and chemical vapour deposition (CVD). The CVD process is the most used globally to produce carbon nanotubes since it enables larger production of carbon nanotubes under more easily controllable conditions at lower cost.
In 2020, the spread of COVID-19 in major global economies caused a sudden fall in demand for electronics, automobiles, and construction. Fall in demand of electronics, automobiles and impacted the demand of global carbon nanotubes market.
APAC region holds the major share of global demand for carbon nanotubes. The region is set to see a demand rise in the forecast period with the increasing demand for high performance materials in various sectors like aerospace and defence etc. Demand from polymer composites market is also set to rise due to its high strength imparting properties and high electrical conductivity. Several government initiatives are also supporting production of carbon nanotubes due to their application in electric vehicles.
Years considered for this report:
Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
•To assess the demand-supply scenario of carbon nanotubes which covers production, demand and supply of carbon nanotubes market globally.
•To analyse and forecast the market size of carbon nanotubes.
•To classify and forecast global carbon nanotubes market based on fiber, technology, end-use and regional distribution.
•To identify drivers and challenges for global carbon nanotubes market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global carbon nanotubes market.
•To identify and analyse the profile of leading players involved in the manufacturing of carbon nanotubes.
Major players for carbon nanotubes globally include Arkema Group, Cnano Technology Limited, Future Carbon Gmbh, Hyperion Catalysis international, Klean Industries Inc. LG Chem, Nanocyl SA, Toray Industries Nanoshell LLC. Showa Denko kk and others.
To extract data for global Carbon nanotubes market, primary research surveys were conducted with Carbon nanotubes manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Carbon nanotubes market over the coming years.
ChemAnalyst calculated Carbon nanotubes demand globally by analyzing the historical data and demand forecast which was carried out considering imported carbon nanotubes, styrene prices, monomers used for production of carbon nanotubes. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
•Carbon nanotubes manufacturers and other stakeholders
•Organizations, forums and alliances related to Carbon nanotubes distribution
•Government bodies such as regulating authorities and policy makers
•Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as carbon nanotubes manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, global carbon nanotubes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute |
Details
|
Growth Rate
|
CAGR of 6.98% from 2021 to 2030
|
Base year for estimation
|
2020
|
Historic Data
|
2015 – 2019
|
Forecast period
|
2022 – 2030
|
Quantitative units
|
Demand in tons and CAGR from 2021 to 2030
|
Report coverage
|
Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
|
Segments covered
|
By Technology: (arc discharge, laser ablation of graphite, and chemical vapor deposition (CVD))
By End-Use: (Automotive, Defense, Aerospace, Electronics and electricals, Energy, Sports, and others)
By Sales Channel: (Direct Company Sale, Direct Import, Distributors & Traders, Retailers)
|
Regional scope
|
North America; Europe; Asia Pacific; South America; Middle East & Africa
|
Country scope
|
United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
|
Key companies profiled
|
Arkema Group, Cnano Technology Limited, Future Carbon Gmbh, Hyperion Catalysis international, Klean Industries Inc. LG Chem, Nanocyl SA, Toray Industries Nanoshell LLC. Showa Denko kk and others.
|
Customization scope
|
Free report customization with purchase. Addition or alteration to country, regional & segment scope.
|
Pricing and purchase options
|
|
Competitive Landscape
ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.
Available Customizations:
With the given market data, Chemanalyst offers customizations according to a company’s specific needs. The following customization options are available for the report:
In case you don’t find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com