Carbon Nanotubes (CNT) Market, by Type (Single Walled & Multi Walled), End-use Industry (Electronics & Semiconductors, Chemical Materials & Polymers, Structural Composites, Energy & Storage, Medical), Method and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global Carbon Nanotubes (CNT) market size is projected to reach USD 1,719 million by 2026 at a CAGR of 14.5% from USD 877 million in 2021 during the forecast period 2021-2028.
Carbon nanotubes or CNT’s are small sized tubes made up of carbon and have diameter in the range of nano meters. Carbon nanotubes is an allotrope of carbon with arrangement of carbon molecules in between the fullerene and graphite. There are two major types of these tubes which are single wall nano tubes and multi walled nanotubes. These are various properties of these nano tubes like extremely high tensile strength, electrical conductivity and thermal conductivity.
The surge in demand from the APAC region along with the growth of end user industry along with the increasing demand for the light weight aircraft are some of the factors that have supported long-term expansion for Carbon Nanotubes (CNT) Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Similar effect has been seen in this industry as well. According to IMF and world bank the greatest economic recession is expected in 2020-21.
APAC is expected to be the largest market during the forecast period. Due to the lowered labour cost, governmental policies, entrepreneurship have led to growth in the CNT market in the region. The developing nations are posing a higher demand.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 877 million |
Growth Rate |
CAGR of 14.5% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
Report Segmentation |
type, method, end use industry and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
LG Chemical Limited, Cabot Corporation, Showa Denko K.K., Jiangsu Cnano Technology Co., Ltd., and Chengdu Organic Chemicals Co. Ltd. |
Available Customization |
In addition to the market data for Carbon Nanotubes (CNT) Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Carbon Nanotubes (CNT) Market is segmented into type, method, end use industry and geography.