[157 Pages Report] Carbon Nanotubes Market research report categorizes the global market by Type (Single, Multi Walled), Method (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High Pressure Carbon Monoxide), Application (Electronics, Chemical, Batteries, Energy, Medical)
According to the new market research report "Carbon Nanotubes (CNT) Market by Type (Single, Multi Walled), Method (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High Pressure Carbon Monoxide), Application (Electronics, Chemical, Batteries, Energy, Medical) - Global Forecast to 2023", published by MarketsandMarkets™, the carbon nanotubes market is estimated to be USD 4.55 billion in 2018 and is projected to reach USD 9.84 billion by 2023, at a CAGR of 16.70%.
Download PDF Brochure @ www.marketsandmarkets.com/pdfdown…asp?id=139
Carbon nanotubes possess high tensile strength, which is up to 20 times higher than steel. These are suitable for use in lightweight materials, as they are five times lighter than steel.
The demand for carbon nanotubes is high in aerospace, defense, and electronics industries due to their lightweight feature. Multi-walled carbon nanotubes are the most widely used CNTs across the globe in various applications including polymers, electricals & electronics, energy, and others (medical, chemical, optical devices).
Growth in various industries, especially in Asia Pacific, is driving the global carbon nanotubes market.
Among type, the multi-walled carbon nanotube (MWCNT) segment is expected to grow at the highest CAGR during the forecast period.
MWNT find applications in electrical conductive transparent electrodes, conductive heating films, conductive nano inks, nanodevices, displays, chemical sensors, super batteries, supercapacitors, energy storage, solar industries, thermal interface material, and so on. The high demand from various applications, including drug delivery, field emission, interconnects, sensors, biomedical applications, and others, is also driving the global single-walled carbon nanotubes market.
By method, the chemical vapor deposition (CVD) segment of the carbon nanotubes market is expected to grow at the highest CAGR during the forecast period.
The CVD segment of the carbon nanotubes market is expected to grow at the highest CAGR during the forecast period. CVD was also the largest method segment globally in 2017.
It is the cheapest among all. The prices for CVD are assumed to decrease incrementally with the improving technologies and increased production & commercialization. This decrease in price is expected to keep the CAGR for CVD on a higher side for both volume and value markets.
Browse and in-depth TOC on "Carbon Nanotubes (CNT) Market"
95 - Tables
39 - Figures
162 - Pages
Don’t miss out on business opportunities in Carbon Nanotubes (CNT) Market. Speak to our analyst and gain crucial industry insights that will help your business grow: www.marketsandmarkets.com/speakto…=gs-150419
The Asia Pacific carbon nanotubes market is expected to grow at the highest CAGR during the forecast period.
The Asia Pacific carbon nanotubes market is expected to grow at the highest CAGR during the forecast period, which can be attributed to the rising demand for carbon nanotubes from emerging economies of the region, including India, China, South Korea, Vietnam, Taiwan, and Singapore, among others. In addition, factors such as the improving standards of living and rising per capita incomes in the countries of the APAC region are fueling the growth of the market.
Arkema S.A. (France), Arry International Group LTD. (China), Carbon Solutions Inc. (US), Cheap Tubes Inc. (US), CNT Co., Ltd. (Korea), Ocsial Llc (US), Hanwha Chemical Corp. (South Korea), Nano-C Inc. (US), Cnano Technology Ltd. (US), Toray International Group Limited (Japan), Showa Denko K.K. (Japan), and Continental Carbon Company (US) are the key players operating in the carbon nanotubes market.
Get This Report @ www.marketsandmarkets.com/request…asp?id=139
Category: Market Research Publishers and RetailersCompany about: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...