Press release
Carbon Nanotubes Market 2019 by Global Trends and Key Companies 2025 - Nanocyl SA, Cnano Technology, Nano-C, Carbon Solutions, Continental Carbon Company, OCSiAl, Cheap Tubes, Showa Denko K.K., Hanwha Chemical Corporation and others
Carbon Nanotubes
“Carbon Nanotubes Market 2019” report gives distinctive insights worldwide market competition for Carbon Nanotubes. Focusing on objectives of this report is to categorize dynamics of the market and to supply latest updates like mergers and acquisitions, numerous technological developments, new entrants within the market, that create an impression on totally different segments of the Carbon Nanotubes market.
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About the Carbon Nanotubes Market:
The global carbon nanotubes market size is estimated to reach USD 2.86 billion. Increasing demand for coatings and composites in the plastics, construction, automotive, batteries, energy markets, aerospace, and metals is expected to drive global carbon nanotubes industry over the coming years. Apart from automotive and electrical & electronics, the energy sector is expected to be promising for carbon nanotubes manufacturers. Electrodes based on carbon nanotubes are ten times thinner and offers nearly 100 times higher conductivity as compared to amorphous carbon electrodes. Growing demand for lithium-ion batteries with higher conductivity in electric vehicles is expected to open new avenues for carbon nanotube market growth over the coming years.
Top Key Players of Carbon Nanotubes market
Nanocyl SA, Cnano Technology, Nano-C, Carbon Solutions, Continental Carbon Company, OCSiAl, Cheap Tubes, SHOWA DENKO K.K., Hanwha Chemical Corporation
Scope of the Report (Overlook 2019-2025):
Global electrical & electronics manufacturing market size was more than USD 2 trillion in 2017 and is growing rapidly by virtue of the introduction of automation and robotics. Carbon nanotubes in electrical & electronics application accounted for more than 10% of the overall market share in 2017. High electrical and thermal conductivity, large aspect ratio, small diameters, and outstanding mechanical properties make carbon nanotubes ideal for electrical & electronics application. Increasing usage in electronic devices, biosensors, white light sources, transistors, lithium-ion batteries, cathode ray tubes, hydrogen storage cells, electrical shielding, and electron field emitters is expected to increase market penetration over the coming years.
Global aerospace & defense industry market size was more than USD 2 trillion in 2017. Strong passenger travel demand, increasing military expenditure, and increasing commercial aircraft production is expected to drive global aerospace & defense industry over the projected period. Capability and superior properties to enable the designing of lightweight parts is expected to increase market concentration over the coming years. CNT’s are extensively used in the external surface of aircraft to protect them from damage. It also finds application in the rudder, wings, fuselage, and other components. Moreover, heat fluxes without burning, and high temperature resist makes CNT best suitable for high-velocity missiles. The development of the global A&D sector is anticipated to drive the global carbon nanotube (CNT) market growth over the forecast period.
Asia Pacific accounted for more than 45% of the global carbon nanotubes market share in 2017. Growing automotive and construction industry in India, China, Japan, and South Korea is expected to offer a lucrative opportunity for CNT manufacturers over the coming years. Growing economic development, increasing purchasing power, and high penetration of consumer electronics in Asia Pacific are expected to increase the adoption of carbon nanotubes over the projected period.
Manufacturers operating in this industry are adopting M&A, facility expansion, and new product development strategies to strengthen their distribution network and gain market share. For instance, in 2019, SABIC, a Saudi based manufacturing company engaged in chemicals, fertilizers, petrochemicals, and industrial polymers, acquired Black Diamond Structures, a company specialized in producing carbon nanotubes. Adding BDS product portfolio such as MOLECULAR REBAR in SABIC’s specialty business is expected to open new avenues beyond the energy storage industry. In addition, in February 2017, LG Chem started operation of a new carbon nanotube plant in South Korea with an annual production capacity of 400 tons.
Key segments of the Global Carbon Nanotubes market
Product Overview, 2015-2025 (Tons) (USD Million)
• Multiwall Carbon Nanotubes
• Single-Walled Carbon Nanotubes
Manufacturing Method Overview, 2015-2025 (Tons) (USD Million)
• Chemical Vapor Deposition
• Catalytic Chemical Vapor Deposition
• Arc Discharge
• Laser Ablation
Application Overview, 2015-2025 (Tons) (USD Million)
• Polymers
• Energy
• Electrical & Electronics
• Others
End-Use Overview, 2015-2025 (Tons) (USD Million)
• Automotive
• Aerospace & Defence
• Construction
• Healthcare
• Others
Table of Contents
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Carbon Nanotubes Market Overview, By Product
5. Carbon Nanotubes Market Overview, By Manufacturing Method
6. Carbon Nanotubes Market Overview, By Application
7. Carbon Nanotubes Market Overview, By End-Use
8. Carbon Nanotubes Market Overview, By Region
9. Industry Structure
10. Company Profiles
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About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
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Adroit Market Research
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