Press release
Carbon Nanotube (CNT) for Lithium Battery Market 2024 Share Growing At a CAGR of 27.1% and to Reach $2466.3 Million by 2030
QY Research's latest report 'Carbon Nanotube (CNT) for Lithium Battery Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. A skilled group of analysts collects, evaluates, and synthesises the data to complete difficult assignments without establishing unreasonably high standards.The global Carbon Nanotube (CNT) for Lithium Battery market was valued at US$ 379 million in 2023 and is anticipated to reach US$ 2466.3 million by 2030, witnessing a CAGR of 27.1% during the forecast period 2024-2030.
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Carbon nanotubes (CNTs) are cylindrical molecules that consist of rolled-up sheets of single-layer carbon atoms (graphene). They can be single-walled (SWCNT) with a diameter of less than 1 nanometer (nm) or multi-walled (MWCNT), consisting of several concentrically interlinked nanotubes, with diameters reaching more than 100 nm. Their length can reach several micrometers or even millimeters. Using the outstanding electrical conductivity of carbon nanotubes, an excellent conductive agent for lithium batteries can be prepared. In actual use, the energy density and cycle life of the lithium battery are enhanced by improving the conductivity of the positive and negative electrodes of the lithium battery. At present, carbon nanotubes have been widely used in conductive agents for lithium batteries.
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand.
According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
This report aims to provide a comprehensive presentation of the global market for Carbon Nanotube (CNT) for Lithium Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Nanotube (CNT) for Lithium Battery.
Top Market Leader Included:
The major global manufacturers of Carbon Nanotube (CNT) for Lithium Battery Market include Cnano, LG Chem, SUSN Nano, HaoXin Technology, Nanocyl, Arkema, Showa Denko, OCSiAI, Kumho Petrochemical etc. In 2024
Global Carbon Nanotube (CNT) for Lithium Battery Market Trends:
Carbon Nanotube (CNT) for Lithium Battery The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Carbon Nanotube (CNT) for Lithium Battery products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Carbon Nanotube (CNT) for Lithium Battery chemical and material products and the establishment Carbon Nanotube (CNT) for Lithium Battery of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Carbon Nanotube (CNT) for Lithium Battery Market Segmentation: -
Segmentation By Type :
SWNTs
MWNTs
Segmentation By Application :
Automotive Lithium Battery
Power tool Lithium Battery
Consumer Electronics Lithium Battery
Others
Methods of Research :-
The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. in addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.
Carbon Nanotube (CNT) for Lithium Battery Market Geography :-
→ North America (U.S., Canada, China)
→ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
→ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
→ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)
Reasons for Purchasing This Report:
→ To obtain a comprehensive grasp of the Carbon Nanotube (CNT) for Lithium Battery Market
→ To make company decisions based on research and give presentations and marketing strategies more weight
→ To learn about the competitive landscape of the top Carbon Nanotube (CNT) for Lithium Battery market players
→ It keeps you ahead of competitors and provides a precise analysis of shifting rivalry elements.
→ Having thorough understanding of the Carbon Nanotube (CNT) for Lithium Battery market and conducting in-depth research on various market segments aid in making informed business decisions.
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Strategic Points Covered in TOC :-
Report Overview: It provides a quick look at product and application segments of the global Carbon Nanotube (CNT) for Lithium Battery market, major players, study objectives, years considered, and research scope.
Executive Summary: It provides an overview of the entire market research study and quick information on the global Carbon Nanotube (CNT) for Lithium Battery market.
Marketing Strategy Analysis: It includes thorough analysis of downstream customers, distributors, and sales channels.
Market Influence Factors Analysis: It includes Porter's Five Forces Analysis of the global Carbon Nanotube (CNT) for Lithium Battery market and an in-depth study on market risks, challenges, opportunities, and other dynamics.
Size Forecasts: The Carbon Nanotube (CNT) for Lithium Battery report has analysed the industry based on the value and volume over the projected period. Other important parameters including price, capacity, cost, revenue, gross margin, sales revenue, and production are also looked into
Future Prospects: The Carbon Nanotube (CNT) for Lithium Battery report sheds light on the lucrative business prospects that may prove promising for the players to make future investment
Trend Analysis: The readers will gain an insight into the upcoming trends and developments that may take place in the coming future
Market Size by Product and Application: It includes accurate market size forecasts for different product and application segments of the global Carbon Nanotube (CNT) for Lithium Battery market.
Production by Regions: This section throws light on import and export scenarios, leading players, production value growth rate, and production growth rate of all regions included in the Carbon Nanotube (CNT) for Lithium Battery report.
Competitive Analysis: The Carbon Nanotube (CNT) for Lithium Battery report here discusses about the key strategic initiatives considered by the key players to sustain their hold. This analysis will surely help the competitors in planning their activities ahead.
Cost and Price Analysis: The authors of the report have taken into account almost all factors influencing the costing and pricing scenarios of the global Carbon Nanotube (CNT) for Lithium Battery market.
Recommendations: Players can use the recommendations provided in the report to increase their competitiveness in the global Carbon Nanotube (CNT) for Lithium Battery market.
Appendix: It covers a disclaimer, author details, data sources, research approach, and research methodology.
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QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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