Press release
Single-walled Carbon Nanotube Market Forecasted to Grow at 52.4% CAGR, Reaching US$ 24.1 billion by 2031 - TMR Study
Unraveling the Market Dynamics
The evolution of electronics has led to the emergence of highly advanced electromagnetic interference (EMI) shielding materials, wherein SWCNTs exhibit unique electronic properties, positioning themselves as pivotal components in flexible electronics, wearable devices, smart clothing, and a plethora of other applications. This market is poised for significant expansion, with manufacturers leveraging nanomaterial research to diversify revenue streams and tap into incremental opportunities.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ (๐๐ฌ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐๐ข๐ฅ ๐๐ ๐๐จ๐ซ ๐๐ฎ๐ข๐๐ค ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=73935
Key Players and Future Prospects
The SWCNT market is primarily consolidated, with a single player accounting for over 90.0% market share. Notably, OCSiAl stands as the global leader in SWCNT production, while other companies like Zeon Nanotechnology Co. Ltd and Meijo Nanocarbon Co., Ltd. also actively contribute to commercial production.
Strategies such as portfolio expansions and mergers & acquisitions are pivotal for market players, enabling them to optimize production technologies and maintain a competitive edge.
Understanding Single-Walled Carbon Nanotubes
Single-walled carbon nanotubes, characterized by their cylindrically shaped structure and exceptional electrical, thermal, and mechanical properties, are employed extensively across various industries. Their diameter, often close to 1 nm, coupled with considerable tube lengths, offers chemically inert and versatile properties. SWCNTs are widely utilized in an array of applications including additives in polymers, catalysts, energy conversion, sensors, drug delivery systems, and as components in lithium-ion batteries and supercapacitors.
Manufacturers are keenly focusing on the electronics and energy markets, utilizing SWCNTs in applications such as transistors, sensors, photovoltaics, lithium-ion batteries, and more. The concurrent increase in research and development on both single-walled and multi-walled carbon nanotubes (MWNTs) is poised to offer substantial opportunities for market players across various industries.
EMI Shielding and Energy Storage Applications Driving Market Growth
The rising demand for EMI shielding materials to protect electronic device components is a significant growth driver for SWCNTs. These nanotubes are well-suited for developing efficient EMI shielding composites, offering lightness, corrosion resistance, flexibility, and processing advantages over traditional metal-based materials. Their application spans various industries including telecommunications, automotive, computing, aerospace, medical, and more, enhancing the durability and safety of electronic devices.
Moreover, the surge in energy storage applications, especially in lithium-ion batteries, showcases the potential of SWCNTs in mitigating issues such as dendrite formation, thereby improving battery performance and reliability. The escalating demand for energy in countries like China and India, alongside the burgeoning electric vehicle market, underscores the pivotal role of SWCNTs in energy storage systems.
Technological Advancements and Regional Outlook
Chemical Vapor Deposition (CVD) technology holds a significant share in the production of SWCNTs, accounting for 47.8% of the global market in 2021. Its application in industrial settings ensures the commercial success of SWCNT production, driving market growth.
Asia Pacific commands a dominant share of 55.4% in the global SWCNT market, owing to the increasing demand for these nanotubes in the electronics and semiconductor industry. Europe and North America are also prominent regions, expected to witness robust growth rates during the forecast period.
Pioneering Developments Shaping the Industry
Recent developments such as Lawrence Livermore National Laboratory's work on vertically aligned SWCNTs and Nemo Nanomaterials' partnership with Kafrit to introduce SWCNT-based industrial additives underline the industry's relentless pursuit of innovation and expansion into diverse markets.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=73935<ype=S
The global SWCNT market is on an exponential growth trajectory, fueled by technological innovations, increasing research activities, and a wide spectrum of applications across numerous industries. The future promises extensive growth, marked by continued advancements and a profound impact on diverse sectors globally.
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Single-walled Carbon Nanotube Market Forecasted to Grow at 52.4% CAGR, Reaching US$ 24.1 billion by 2031 - TMR Study here
News-ID: 3328022 • Views: โฆ
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 โฆ
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends fromโฆ
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra โฆ
The global Technetiumโ99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetiumโ99mโฆ
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to โฆ
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equineโฆ
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of โฆ
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,โฆ
More Releases for SWCNT
Single-walled Carbon Nanotube Market Soars: From US$ 358.0 Million in 2021 to US โฆ
The global single-walled carbon nanotube (SWCNT) market, valued at US$ 358.0 million in 2021, is projected to surge to US$ 24.1 billion by 2031, driven by an extraordinary compound annual growth rate (CAGR) of 52.4% from 2022 to 2031. SWCNTs, known for their exceptional electrical, thermal, and mechanical properties, are revolutionizing applications in electronics, energy storage, and advanced materials. This article explores the market dynamics, key drivers, challenges, and futureโฆ
Single-Walled Carbon Nanotube (SWCNT) Market Projected to Expand at a CAGR of 50 โฆ
The Single-Walled Carbon Nanotube (SWCNT) market is a rapidly growing segment of the nanomaterials industry, driven by the exceptional electrical, mechanical, and thermal properties of SWCNTs. These properties make SWCNTs highly desirable for applications in energy storage, electronics, aerospace, and medical devices. SWCNTs are known for their high strength-to-weight ratio, electrical conductivity, and ability to improve material performance, positioning them as critical components in advanced materials and next-generation technologies.
The Single-Walledโฆ
Single-Walled Carbon Nanotube (SWCNT) Market Projected to Expand at a CAGR of 50 โฆ
The Single-Walled Carbon Nanotube (SWCNT) market is a rapidly growing segment of the nanomaterials industry, driven by the exceptional electrical, mechanical, and thermal properties of SWCNTs. These properties make SWCNTs highly desirable for applications in energy storage, electronics, aerospace, and medical devices. SWCNTs are known for their high strength-to-weight ratio, electrical conductivity, and ability to improve material performance, positioning them as critical components in advanced materials and next-generation technologies.
The Single-Walledโฆ
Single Wall Carbon Nanotube Market Overview 2022 to 2030, Future Trends and Fore โฆ
In accordance with the Single Wall Carbon Nanotube market is set to grow at a CAGR of 52.4% over a forecast period (2022-2030).
SWCNT are very advantageous as their properties can be changed according to their need in a specific application.ย The band gap of SWCNT can vary from 0-2 eV which shows metallic or semiconducting behavior thus, enabling its maximum usage in growing electrical& electronics industry.ย Prices of SWCNT declinedโฆ
Single Walled Carbon Nanotube Market With Top 10 Key Players Carbon Solutions, I โฆ
Carbon nanotubes (CNTs) are allotropes of carbon. They come in a cylindrical nanostructure of carbon molecules with unusual properties which are valuable in nanotechnology and other fields of material science. The properties exhibited by carbon nanotubes include, greater thermal conductivity, extraordinary electrical properties and good mechanical strength. Single-walled carbon nanotube (SWCNT) is a long hollow structure with the wall formed by single-atom-thick sheets of carbon. The sheets are rolled atโฆ
Carbon Nanotube Market Size 2018 Global Key Manufacturers - BASF SE, Dow Chemica โฆ
Market Overview:
The Global Carbon Nanotubes Market has been estimated to grow at a higher CAGR to reach ~USD 8.2 billion till 2023. This, in turn, is projected to fuel the demand for CNT during the forecast period.
Carbon nanotubes (CNTs), the cylinders of nanometer diameter, are consists of graphene sheet wrapped up to form a tube structure. The tubes can be single walled or double or triple-walled that is multi-walled. Theseโฆ
