According to a new market report published by
Lucintel, the future of the global carbon nanotube (CNT) market looks promising
with opportunities in the energy, electrical & electronics, transportation,
construction, and others industries. The global carbon nanotube market is expected
to grow at CAGR of 15% from 2020 to 2025. The major drivers for this market are
increasing demand for lithium ion batteries, growth in consumer electronics,
and increasing demand for materials which provide superior chemical and
mechanical properties.
In this market, single walled carbon nanotubes
(SWCNTs), and multi walled carbon nanotubes (MWCNTs) are used for high thermal
and electrical conductivity, antistatic, and high strength solutions in various
applications. Lucintel forecasts that MWCNTs will remain the largest segment
and witness the highest growth due to increasing demand for high thermal and
electrical conductivity agents in lithium ion batteries.
Within this market, carbon nanotubes for the energy
industry will remain the largest end use segment
by value and volume and it is also expected to witness highest growth due to
the increasing adoption in light weight battery materials, supercapacitors,
photovoltaics, and fuel cells.
Asia Pacific will remain the
largest region and it is also expected to witness the highest growth over the
forecast period due to growing semiconductor and electronic industry and large
scale production of lithium ion batteries in
this region.
Emerging
trends, which have direct impact on the dynamics of the industry, include
increasing demand for CNTs in OLED based display and growing adoption in applications,
such as gas sensor and drug delivery carriers.
Nanocyl, Nano-C/ Cnano Technology, Showa Denko, SUSN Sinotech, Arkema,
Toray International, LG Chem, and OCSiAl are the major suppliers of carbon
nanotubes.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth
opportunities in the global carbon nanotube market by end use industry, structure,
method, and by region and has come up with a comprehensive research report
entitled “Growth Opportunities in the Global Carbon
Nanotube Market 2020-2025: Trends, Forecast, and Opportunity Analysis”. The
Lucintel report serves as a catalyst for growth strategy as it provides
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the global carbon nanotube market by end use
industry, structure, method, and region as follows:
By End Use
Industry [Volume (Tons) and $M shipment analysis from 2014 to 2025]:
·
Energy
·
Electrical
& Electronics
·
Transportation
·
Construction
·
Others
By
Structure Type [Volume (Tons) and $M shipment analysis from 2014 to 2025]:
·
Single
walled carbon nanotubes
·
Multi
walled carbon nanotubes
By Method [Volume
(Tons) and $M shipment analysis from 2014 to 2025]:
·
Catalytic
Chemical Vapor Deposition
·
Chemical
Vapor Deposition
·
Others
By
Region [Volume (Tons) and $M shipment analysis for 2014 – 2025]:
·
North
America
–
United
States
–
Canada
–
Mexico
·
Europe
·
Asia
Pacific
–
China
–
Japan
·
The
Rest of the World
This
259-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Chemical
Market Research Reports, Chemical
Industry Analysis Report, Opportunity
Screening and Analysis, Strategic
Growth Consulting and Capital
Investment Analysis.
About Lucintel
Lucintel, the premier
global management consulting and market research firm, creates winning
strategies for growth. We offer market assessments, competitive analysis,
opportunity analysis, growth consulting, M&A, and due diligence services to
executives and key decision makers in a variety of industries. For further
information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What
are some of the most promising, high-growth opportunities for
the global carbon nanotube market by end use industry (energy, electrical &
electronics, transportation, construction, and others), by structure (multi
walled carbon nanotubes and single walled carbon nanotubes), by method
(catalytic chemical vapor deposition, chemical vapor deposition, others) and by region (North America,
Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and
why?
Q.3 Which regions will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to
the market?
Q.6 What are the emerging trends in this
market and reasons behind them?
Q.7 What are the changing demands of customers
in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via product substitution?
Q.11 What M&A activity has occurred in the
last 5 years?
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