Global Carbon Nanotubes Market 2016:Aerospace & Defense, Automotive, Construction

A carbon nanotube (CNT) is an allotrope of carbon with cylindrical nanostructure, and it contains a large group of thin hollow fibrous nanomaterial possessing different physiochemical properties. Carbon nanotube CNT have attributes such as electrical, optical, and thermal conductivity; tensile strength; and chemical reactivity, and thus have a wide array of applications in industries such as aerospace & defense, automotive, construction, electricals & electronics, life science & healthcare, personal care, and others. These properties and applications of CNT depend on its type and the quality of materials used.

Major factors driving the demand for CNT are its properties such as high tensile strength, electrical conductivity, current carrying capacity, and gas & energy storage capacity. However, high manufacturing cost and lower commercial penetration in various applications restrict the industry. Carbon nanotube is an intense R&D-based industry, and significant efforts are going on to reduce cost and improve performance so as to expand its penetration in various end-user industries.The carbon nanotubes market is segmented on the basis of type, which includes single-walled carbon nanotubes (SWCNT) and multiwalled carbon nanotubes (MWCNT).

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It is also segmented on the basis of end user into aerospace & defense, electricals & electronics, automotive, healthcare & life science, construction, energy, personal care, sporting goods, printing & packaging, and others. Geographically, the report is segmented into four regions, namely, North America, Europe, Asia-Pacific, and LAMEA, and the major countries in each region. Presently, Asia-Pacific occupies a major share of the market, followed by North America and Europe. Top three strategies adopted by key players include strategic alliances, product launches, and business expansion over the last five years.

In the year 2013, Future Carbon GmbH acquired fundamental intellectual property for carbon nanotube from Bayer Material Science LLC to expand its application base. Companies profiled in this report include Arkema, Future Carbon GmbH, CNano Technology Limited, Showa Denko K.K., Nanocyl S.A., Hyperion Catalysis International, Inc. OCSiAl, Mitsubishi Rayon Co. Ltd. Unidym Inc., and others.

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