Carbon Nanotube Market Segments, Trends, Opportunities and Industry Key Players – Arkema S. a, Carbon Solutions, Cnano Technology, CNT Company, Future Carbon | 2018-2024

The report defines global carbon nanotube market as the tube-shaped material made from large molecules of pure carbon. It consists of single-layer carbon atoms that have extremely high electric conductivity. It also has good Strength, Elasticity and thermal conductivity. This technology is valuable for nanotechnology, electronics, optics, and other fields of materials science and technology owing to its novel properties.

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Growing applications of carbon nanotubes in various end-use industries such as electronics, chemical, medical and others are driving the growth of carbon nanotube market. Due to their thermal, chemical, and mechanical properties carbon nanotubes are one of the most capable materials for the electronics. Carbon nanotubes are extensively being used in the formation of lithium metal batteries. Use of carbon nanotubes in the lithium-ion batteries increase its capacity by up to 10 times. In addition, rising use of carbon nanotubes in the manufacturing of touchscreen and transistors is likely to boost the carbon nanotubes market over the forecast period.

Carbon nanotubes are used in various biotechnology and biomedical applications such as biosensors, delivery of drugs, and sheathe for enzymes and transfection of DNA. Carbon nanotubes promote the next generation of drug delivery systems.  It provides water dissolvability, highly stable spreading, effective loading capability and intrinsic immunogenicity for the next generation drug delivery system.

Segment by Type

By type, the carbon nanotube market is bifurcated into single walled and multi-walled.  Single-walled carbon nanotubes are a special type of one-dimensional carbon materials. On the other hand, multi-walled nanotubes are nanostructures composed of two or more single-walled carbon nanotubes. These single-walled nanotubes are nested on each other to make multi-walled carbon nanotubes.

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Regional Analysis

Among the geographies, North America held a substantial revenue share in the global carbon nanotube market in 2017. This region expected to be the dominating region in the carbon nanotube market over the forecast period of 2018-2024. The growing acceptance of carbon nanotubes in the conductive adhesives and rubber tire reinforcement are driving the growth of carbon nanotube market. In addition, growing consumer electronics industry and technological advancements in the healthcare and biotechnology sector contributes in the growth of this market in the Asia Pacific region.

Key Player

some industry players operating in the global carbon nanotube market includes Arkema S.A, Carbon Solutions Inc., CNano Technology Ltd., CNT Company Ltd., Future Carbon GmbH, Korea Kumho Petrochemical Company Ltd., Showa Denko K.K., Klean Commodities, Nanothinx S.A. and Others.

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