Global Nanotubes Market trends and business growth forecast to 2025 - Arkema, Hanwha Chemical Corporation, Korea Kumho Petrochemical Co., Ltd., Showa Denko K.K., Toray Industries, Inc., Cnano Technology, Nanocyl SA, HYPERION CATALYSIS INTERNATIONAL, Raymo
The Global Nanotubes Market is expected to reach USD 14.27 billion by 2025, from USD 4.72 billion in 2017 growing at a CAGR of 17.1% during the forecast period of 2018 to 2025.
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Well known players of Global Nanotubes Market are Arkema, Hanwha Chemical Corporation, Korea Kumho Petrochemical Co., Ltd., Showa Denko K.K., Toray Industries, Inc., Cnano Technology, Nanocyl SA, HYPERION CATALYSIS INTERNATIONAL, Raymor Industries Inc. and others
On the basis of application, the market is classified into
• electronics & semiconductors,
• chemical & polymers,
• batteries & capacitors,
• medical application,
• advanced materials application,
• aerospace & defence
Based on geography, the market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Asia-Pacific and,
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.
The global nanotubes market is segmented based on type, end-use industry, application and geographical segments.
Based on type, the market is segmented into
• single-walled carbon nanotubes (SWCNTS),
• multi-walled carbon nanotubes (MWCNTS)
On the basis of method, the market is classified into
• physical process,
• chemical process,
• miscellaneous process,
• chemical vapour deposition (CVD),
• catalytic chemical vapour deposition (CCVD),
• high pressure carbon monoxide reaction (HIPCO) and others
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The global nanotubes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of nanotubes market for global, Europe, North America, Asia Pacific and South America
Major Market Drivers & Market Restraint
• Emerging demand from Asia-Pacific region
• High growth in end-use industries such as electrical and electronics
• Superior mechanical properties
• Increasing demand for light weight and low carbon emitting vehicles
• Technological advancements and feasible scenarios
• Maintaining quality
• Stringent and time-consuming regulatory policies
• High price & processing difficulties
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