The global carbon nanotubes market is expected to grow at a CAGR of around 15% during the forecast period. The global carbon nanotubes (CNT) market is driven by the surging requirements for less carbon-releasing vehicles owing to increasing awareness regarding low-emission and energy-efficient technologies. Moreover, rising product demand from various end-user industries such as electronics, and plastics, among others is positively impacting the growth of the market during the forecast period.
The global carbon nanotubes (CNT) market is segmented based on type, method, application, end-user, company, and region. Based onend-user, the market can be categorized into electronics & semiconductors, advanced materials, chemicals & polymers, batteries & capacitors, aerospace & defense, energy, medical, and others. Out of which, the electronics & semiconductors segment is expected to grow at the highest CAGR during the forecast period, which can be attributed to its unique electrical properties for building electronic devices like field-effect transistors and diodes. Moreover, these carbon nanotubes are also used to form a p–n junction diode by polymer coating and chemical doping, which is further increasing the product demand over the coming years.
In terms of type, the market is fragmented into Multi-Walled Carbon Nanotubes and Single-Walled Carbon Nanotubes. Among them, single-walled carbon nanotubes (SWCNT) are estimated to dominate the market in the next five years on account of their low cost when compared to multi-walled carbon nanotubes.
The major players operating in the carbon nanotubes (CNT) market are Arkema S.A., Arry International Group Ltd., Carbon Solutions Inc., Cheap Tubes Inc., CNano Technology Ltd., CNT Company Ltd., Hanwha Chemical Co. Ltd., Hyperion Catalysis International Inc., Kumho Petrochemical Company Ltd., Nano-C Inc., Nanocyl S.A., NanoIntegris Inc., NanoLab, Inc., Nanoshell LLC Nanothinx S.A, Toray Industries Inc. and others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnerships, and agreements in order to expand their geographic reach and to increase their customer basis.
The objective of the Study:
- To analyze and estimate the market size of the global carbon nanotubes (CNT) market from 2018 to 2021.
- To estimate and forecast the market size of the global carbon nanotubes (CNT) market from 2022 to 2028 and the growth rate until 2028.
- To classify and forecast the global carbon nanotubes (CNT) market based on type, method, application, end-user, company, and regional distribution.
- To identify the dominant region or segment in the global carbon nanotubes (CNT) market.
- To identify drivers and challenges for the global carbon nanotubes (CNT) market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global carbon nanotubes (CNT) market.
- To conduct pricing analysis for the global carbon nanotubes (CNT) market.
- To identify and analyze the profile of leading players operating in the global carbon nanotubes (CNT) market.
- To identify key sustainable strategies adopted by market players in the global carbon nanotubes (CNT) market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals/clinics which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.
TechSci Research calculated the market size of the global carbon nanotubes (CNT) market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience:
- Carbon nanotubes (CNT) manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to carbon nanotubes (CNT)
The study is helpful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type· Method· Application· End User |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia; |
| Key companies profiled | Arkema S.A., Arry International Group Ltd., Carbon Solutions Inc., Cheap Tubes Inc., CNano Technology Ltd., CNT Company Ltd., Hanwha Chemical Co. Ltd., Hyperion Catalysis international Inc., Kumho Petrochemical Company Ltd., Nano-C Inc., Nanocyl S.A., NanoIntegris Inc., NanoLab, Inc., Nanoshell LLC Nanothinx S.A, Toray Industries Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, the global carbon nanotubes (CNT) market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Global Carbon Nanotubes (CNT) Market, By Type:
- Multi-Walled Carbon Nanotubes
- Single-Walled Carbon Nanotubes
- Global Carbon Nanotubes (CNT) Market, By Method:
- Chemical Vapor Deposition
- Catalytic Chemical Vapor Deposition
- High-Pressure Carbon Monoxide Reaction
- Others
- Global Carbon Nanotubes (CNT) Market, By Application:
- Structural Polymer
- Conductive Polymer
- Conductive Adhesives
- Metal Matrix Composites
- Li-ion Battery Electrodes
- Global Carbon Nanotubes (CNT) Market, By End User:
- Electronics & Semiconductors
- Advanced Materials
- Chemical & Polymers
- Batteries & Capacitors
- Aerospace & Defense
- Energy
- Medical
- Others
- Global Carbon Nanotubes (CNT) Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global carbon nanotubes (CNT) market.