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By the end of 2030, the Carbon Nanotubes (CNTs) Market, which was valued at USD 6.30 billion in 2023, is anticipated to grow at a CAGR of 21.59%.
Compared to other traditional materials, carbon nanotubes are employed in applications that call for high strength, electrical conductivity, durability, lightweight qualities, and thermal conductivity. Rapid demand from field emission displays, lithium batteries, fuel cells, medication delivery, solar PV cells, and integrated circuits. For radios and other electromagnetic equipment, they serve as antennas. Because they enhance thermal and electrical conductivity as they stretch through the plastic matrix of the brush, conductive CNTs are employed in brushes for industrial electric motors. The primary factors propelling the growth of the carbon nanotubes market are increasing commercialization and ramp-up of installed capacities with technology advancements to enhance overall product quality and build more innovative products.
Due to the significant demand in developing nations like India, China, and Taiwan, the Asia Pacific region is the region where carbon nanotube sales are expanding at the highest rate. The region's increasing demand for CNTs is being driven by the expanding market for electronic goods. China is the market leader for CNT; it is also the third-largest user worldwide and in APAC. The country produces CNTs in significant amounts and has a profitable market. China is crucial to the expansion of the APAC CNTs market. Growing investments in new industrial facilities, aerospace & military, automotive, rail, wind, and infrastructure development in China are driving the market's expansion.
Human health and safety are seriously threatened by nanoparticles and nano-biotechnological byproducts that are generated during the manufacture of nanomaterials. Very little research has been done on the analysis of these risks. There are numerous safety and health risks. Nanoscale particles of a material have higher reactivity, toxicity, and mobility than larger-sized particles. At the nanoscale, even normally safe substances might turn deadly. Workers and researchers involved in the creation and application of nanoparticles are most exposed to and directly threatened by nanoparticle toxicity. Stringent rules have been imposed on CNT manufacturers as a result of growing environmental concerns. CNT agglomerates pose a high risk to both people and the environment. Kidney damage, high blood pressure, and an increased risk of heart attacks are only a few of the harmful impacts of CNTs on human health. CNTs are fibrous by nature and could be harmful to inhale.
The increased need for lightweight structural polymer composites, conductive fillers for EMI shielding materials, and antistatic packaging from automotive, electronics, energy, and industrial end users are some of the drivers driving the global market for carbon nanotubes. Fuel pumps, fuel filter housings, connectors, reservoirs, line clamps, and electronic housings all make use of carbon nanotube-based ESD materials. To create electromagnetic interference (EMI) shielding composites and antistatic packaging materials, the electrical and electronics sector uses CNTs. Despite the fact that a variety of conducting particles, including carbon black particles, carbon fibers, and metallic fibers, have been researched, CNTs have shown to have superior EMI shielding capabilities because of their high aspect ratio, increased strength, flexibility, and low density, making them the perfect filler.
Due to their high carrier mobility, carbon nanotubes are a possible substitute for silicon transistors. Due to their outstanding qualities and capacity to make the design of lightweight parts easier, CNTs are in high demand in the aerospace and defense sectors. To lessen the risk of damage and penetration during lightning strikes, CNTs are being used in composite materials used in the external surface of airplanes. Carbon nanotubes have been used to create supercapacitors and strengthened turbine blades in the wind energy industry. Supercapacitors made of CNT are smaller, lighter, and respond more quickly than heavier, traditional batteries. CNTs encased in a polymer matrix can be used to improve wind turbine blades (WTBs). The rising usage of coal and petroleum products as a primary energy source has raised environmental concerns, which has increased the use of renewable energy sources. Government agencies therefore provide funding and subsidies to encourage the use of renewable energy sources like wind, solar, and others.
Report Coverage
Global Carbon Nanotubes (CNT) research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Carbon Nanotubes (CNT) report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Carbon Nanotubes (CNT) competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Carbon Nanotubes (CNT) market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Carbon Nanotubes (CNT) market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Carbon Nanotubes (CNT) market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CHEAP TUBES, NANOSTRUCTURED & AMORPHOUS MATERIALS INC., JIANGSU TIANNAI TECHNOLOGY CO. LTD., SHOWA DENKO K.K., THOMAS SWAN AND CO. LTD., KLEAN INDUSTRIES INC., RAYMOR INDUSTRIES INC., TORAY INDUSTRIES INC., TOKYO CHEMICAL INDUSTRY CO. LTD., HYPERION CATALYSIS INTERNATIONAL, ARKEMA S.A., NANO-C, CHASM ADVANCED MATERIALS INC., NOPO NANOTECHNOLOGIES, CABOT CORPORATION, OSSILA LTD., OCSiAl, KUMHO PETROCHEMICAL, LG CHEM, NANOCYL SA
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Carbon Nanotubes (CNT) market based on the below-mentioned segments:
Global Carbon Nanotubes (CNT) Market, By Type
Single-Walled Carbon Nanotubes (SWCNTs)
Multi-Walled Carbon Nanotubes (MWCNTs)
Global Carbon Nanotubes (CNT) market, By Application
Electronics & Semiconductor
Energy Storage
Structural Composites
Chemical Materials
Medical & Pharmacy
Others
Global Carbon Nanotubes (CNT) Market, By TECHNOLOGY
Arc Discharge
Laser Ablation
CVD
Catalytic CVD
High Pressure Carbon Monoxide
CoMoCAT
Floating Catalyst
Others
Global Carbon Nanotubes (CNT) market, Regional Analysis
Compared to other traditional materials, carbon nanotubes are employed in applications that call for high strength, electrical conductivity, durability, lightweight qualities, and thermal conductivity. Rapid demand from field emission displays, lithium batteries, fuel cells, medication delivery, solar PV cells, and integrated circuits. For radios and other electromagnetic equipment, they serve as antennas. Because they enhance thermal and electrical conductivity as they stretch through the plastic matrix of the brush, conductive CNTs are employed in brushes for industrial electric motors. The primary factors propelling the growth of the carbon nanotubes market are increasing commercialization and ramp-up of installed capacities with technology advancements to enhance overall product quality and build more innovative products.
Due to the significant demand in developing nations like India, China, and Taiwan, the Asia Pacific region is the region where carbon nanotube sales are expanding at the highest rate. The region's increasing demand for CNTs is being driven by the expanding market for electronic goods. China is the market leader for CNT; it is also the third-largest user worldwide and in APAC. The country produces CNTs in significant amounts and has a profitable market. China is crucial to the expansion of the APAC CNTs market. Growing investments in new industrial facilities, aerospace & military, automotive, rail, wind, and infrastructure development in China are driving the market's expansion.
Human health and safety are seriously threatened by nanoparticles and nano-biotechnological byproducts that are generated during the manufacture of nanomaterials. Very little research has been done on the analysis of these risks. There are numerous safety and health risks. Nanoscale particles of a material have higher reactivity, toxicity, and mobility than larger-sized particles. At the nanoscale, even normally safe substances might turn deadly. Workers and researchers involved in the creation and application of nanoparticles are most exposed to and directly threatened by nanoparticle toxicity. Stringent rules have been imposed on CNT manufacturers as a result of growing environmental concerns. CNT agglomerates pose a high risk to both people and the environment. Kidney damage, high blood pressure, and an increased risk of heart attacks are only a few of the harmful impacts of CNTs on human health. CNTs are fibrous by nature and could be harmful to inhale.
The increased need for lightweight structural polymer composites, conductive fillers for EMI shielding materials, and antistatic packaging from automotive, electronics, energy, and industrial end users are some of the drivers driving the global market for carbon nanotubes. Fuel pumps, fuel filter housings, connectors, reservoirs, line clamps, and electronic housings all make use of carbon nanotube-based ESD materials. To create electromagnetic interference (EMI) shielding composites and antistatic packaging materials, the electrical and electronics sector uses CNTs. Despite the fact that a variety of conducting particles, including carbon black particles, carbon fibers, and metallic fibers, have been researched, CNTs have shown to have superior EMI shielding capabilities because of their high aspect ratio, increased strength, flexibility, and low density, making them the perfect filler.
Due to their high carrier mobility, carbon nanotubes are a possible substitute for silicon transistors. Due to their outstanding qualities and capacity to make the design of lightweight parts easier, CNTs are in high demand in the aerospace and defense sectors. To lessen the risk of damage and penetration during lightning strikes, CNTs are being used in composite materials used in the external surface of airplanes. Carbon nanotubes have been used to create supercapacitors and strengthened turbine blades in the wind energy industry. Supercapacitors made of CNT are smaller, lighter, and respond more quickly than heavier, traditional batteries. CNTs encased in a polymer matrix can be used to improve wind turbine blades (WTBs). The rising usage of coal and petroleum products as a primary energy source has raised environmental concerns, which has increased the use of renewable energy sources. Government agencies therefore provide funding and subsidies to encourage the use of renewable energy sources like wind, solar, and others.
Report Coverage
Global Carbon Nanotubes (CNT) research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Carbon Nanotubes (CNT) report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Carbon Nanotubes (CNT) competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Carbon Nanotubes (CNT) market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | CHEAP TUBES, NANOSTRUCTURED & AMORPHOUS MATERIALS INC., JIANGSU TIANNAI TECHNOLOGY CO. LTD., SHOWA DENKO K.K., THOMAS SWAN AND CO. LTD., KLEAN INDUSTRIES INC., RAYMOR INDUSTRIES INC., TORAY INDUSTRIES INC., TOKYO CHEMICAL INDUSTRY CO. LTD., HYPERION CATALYSIS INTERNATIONAL, ARKEMA S.A., NANO-C, CHASM ADVANCED MATERIALS INC., NOPO NANOTECHNOLOGIES, CABOT CORPORATION, OSSILA LTD., OCSiAl, KUMHO PETROCHEMICAL, LG CHEM, NANOCYL SA |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Carbon Nanotubes (CNT) Market from 2021 to 2030.
- Market Forecast for Carbon Nanotubes (CNT) Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Carbon Nanotubes (CNT) competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Carbon Nanotubes (CNT)
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Carbon Nanotubes (CNT) market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Carbon Nanotubes (CNT) market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CHEAP TUBES, NANOSTRUCTURED & AMORPHOUS MATERIALS INC., JIANGSU TIANNAI TECHNOLOGY CO. LTD., SHOWA DENKO K.K., THOMAS SWAN AND CO. LTD., KLEAN INDUSTRIES INC., RAYMOR INDUSTRIES INC., TORAY INDUSTRIES INC., TOKYO CHEMICAL INDUSTRY CO. LTD., HYPERION CATALYSIS INTERNATIONAL, ARKEMA S.A., NANO-C, CHASM ADVANCED MATERIALS INC., NOPO NANOTECHNOLOGIES, CABOT CORPORATION, OSSILA LTD., OCSiAl, KUMHO PETROCHEMICAL, LG CHEM, NANOCYL SA
Primary Target Market
- Market Players of Carbon Nanotubes (CNT)
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Carbon Nanotubes (CNT) market based on the below-mentioned segments:
Global Carbon Nanotubes (CNT) Market, By Type
Single-Walled Carbon Nanotubes (SWCNTs)
Multi-Walled Carbon Nanotubes (MWCNTs)
Global Carbon Nanotubes (CNT) market, By Application
Electronics & Semiconductor
Energy Storage
Structural Composites
Chemical Materials
Medical & Pharmacy
Others
Global Carbon Nanotubes (CNT) Market, By TECHNOLOGY
Arc Discharge
Laser Ablation
CVD
Catalytic CVD
High Pressure Carbon Monoxide
CoMoCAT
Floating Catalyst
Others
Global Carbon Nanotubes (CNT) market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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