Carbon Nanotubes Market Growing Swiftly during 2018-2024 – Business News

The Carbon Nanotubes market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.

Carbon Nanotubes Market will surpass USD 8.0 billion by 2024 Touted as one of the most enterprising verticals of polymers and advanced materials industry, the carbon nanotubes market has been making swift progress over the recent years, driven by the robust application spectrum of the product in question.

Owing to superior mechanical strength, high electrical conductivity, and robust tensile strength, the usage of carbon nanotubes has witnessed a marked upsurge across various industrial domains. Endowed with a widespread application landscape which includes electrical & electronics, energy, chemicals, and aerospace, the carbon nanotubes industry has continued to depict an appreciable growth rate in the recent past.

This report focuses on the top Manufacturers and players in global market are given bellow:-

Nanothinx S.A., Klean Commodities, Raymor Industries Inc, Nanoshel LLC, Arkema SA

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nanotubes market is the growing usage of these composite materials in the aerospace industry. In 2017, a computer modeling assessment by NASA’s Space Technology Mission Directorate proved that composites utilizing carbon nanotube reinforcements can reduce the total mass of launch vehicles by a staggering 30%.

The premier space agency recently tested the efficacy of carbon nanotubes by launching a Composite Overwrapped Pressure Vessel (COPV) into space. As per reliable sources, further research is required to improve the material’s mechanical properties which would make it more competitive with conventional carbon fiber and then deploy the same in aerospace systems.

In this regard, NASA has teamed up with Nanocomp to manufacture nanotube sheets and yarns which could be used in specific processing methods to fabricate COPVs. The increasing applicability of carbon nanotubes across varied business verticals is certain to propel the revenue share of carbon nanotubes industry in the upcoming years.

Carbon Nanotubes Market Size By Product (Single-Walled Carbon Nanotubes, Multi-Walled Carbon Nanotubes)

By Application (Polymers, Energy, Electrical & Electronics)

Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, Japan, India, Australia, Indonesia, Malaysia, Brazil, Mexico, GCC, South Africa)

Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024

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Carbon nanotubes have different purity grades; highly purified carbon nanotubes cost slightly high. Also, the production procedure of carbon nanotubes involves massive operational cost owing to several stages of purification process along with other complex manufacturing procedures. The market growth will be hindered by cost intensive manufacturing process of carbon nanotubes during forecast period.

Multi-walled carbon nanotubes have witnessed exponential demand in recent years from different industrial verticals, especially in electrical & ecteronic application. Improved mechanical, electrical, thermal properties have driven the industrial growth during the forecast period.  Further revolution in electrical and electronic industry in Asia Pacific region is one the instrumental factor driving the market. For instance, according to World Bank report of 2016, Indian electronic industry is expected to grow 24% per annum to reach a market of USD 400 billion by 2020.

CNT applications in the polymer segment shall have CAGR exceeding 20% and over next 7 years. Germany plastic industry was about USD 107.54 billion in 2017, serves as one of the largest polymer markets in Europe. Further, according to PAGEV (a nongovernmental organization of Turkey, accounting over 88% of Turkey plastics value chain), world plastics production was USD 1.75 million tons in 1950 which had increased to USD 378.7 million tons in 2015. Polymeric nanotubes are used as an alternative to conventional-filled polymers thus polymer reinforcement help in strengthening the composite. Rise in usage of nanotube as filler in polymer-based products will exhibit higher growth for carbon nanotubes market.

Chapter 1. Methodology & Scope

1.1.  Methodology

1.2.  Market definition

1.3.  Market estimation & forecast parameters

1.4.  Data sources

1.4.1.   Primary

1.4.2.   Secondary

1.4.2.1.     Paid sources

1.4.2.2.     Public sources

Chapter 2. Executive Summary

2.1.  Carbon nanotubes market industry 360° synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Product trends

2.1.3.   Application trends

2.1.4.   Regional trends

Chapter 3. Carbon Nanotubes Market Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2013 - 2024

3.3.  Industry ecosystem analysis

3.3.1.   Raw material analysis

3.3.2.   Manufacturing trends

3.3.3.   Profit margin

3.3.4.   Value addition

3.3.5.   Distributor channel analysis

3.3.6.   Vendor matrix

3.3.6.1.     List of key raw material suppliers

3.3.6.2.     List of key manufacturers/distributors

3.3.6.3.     List of key/potential customers

3.4.  Innovation & sustainability

3.4.1.   Patent analysis

3.4.2.   Technology landscape

3.4.3.   Production process

3.4.4.   Future trends

3.5.  Industry impact forces

3.5.1.   Growth drivers

3.5.1.1.   Growing end-user applications

3.5.1.2.     Emerging growth opportunities in Asia Pacific electrical and electronics industry

3.5.1.3.     Increasing composite application in defense and automotive industry

3.5.2.   Industry pitfalls & challenges

3.5.2.1.     Producing high purity CNT leading to escalating product cost

3.6.  Regulatory trends

3.6.1.   U.S.

3.6.2.   Europe

3.6.3.   China

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