ACCESS REPORT @ Recent research into the Global Carbon Nanotubes Market
Carbon nanotubes have high thermal conductivity, elasticity, tensile strength, absorbency, etc. as a result of which they have been widely used in the fields of nanotechnology, semiconductors, optics, etc. At present the carbon nanotubes account for about 28% market share of the total nanomaterial market. The market of the carbon nanotubes is expected to grow at a compound annual growth rate of 16% in the next 3-4 years. The production capacity of the carbon nanotubes is highest in the Asia-pacific region, followed by the North America and Europe. This domination of the Asia-pacific region is expected to continue as the demand for the carbon nanotubes is growing in Asia-pacific region.
The global CNTs market is dominated by a few large suppliers/producers operating in multiple industry segments. The number of companies producing the carbon nanotubes is expected to double in the next five years. Moreover there is a lot of research being done regarding the carbon nanotubes to enhance its properties. The number of publications being published about the carbon nanotubes have increased a lot over the last decade.
Asia-Pacific has the largest installed capacity of CNTs mainly due to the significant presence of electrical & electronics market, which is dominated by Japan, South Korea, Taiwan, China and Singapore. Moreover due to the industrialization and urbanization in the developing countries the demand for the electronic products is increasing and so will the market for the nanotubes. Hence a number of developing nations notably China and India, which due to their higher population levels, will be good option for the carbon nanotubes sales.
Some of the key vendors of the carbon nanotubes are CNano technology, Nanocyl, Showa Denko, Arkema, Bayer material science, carbon solutions, carbon NT&F, catalyx nanotech, CNT.
Growth is mainly influenced by the development in the synthesis methods, advancement in the carbon nanotubes to enhance its properties and growing demand. The increasing demand for electronic & storage devices and in energy sector, where carbon nanotubes find its application, will increase the demand for the carbon nanotubes.
The key challenges facing this market is with the high cost of production and purity of the carbon nanotubes. There is a baseline for the production of carbon nanotubes based on safety regulations, hence the productivity is less. Another challenge is with the difficulty in acquirement of patents in nanotechnology.
What the report contains
Lastly, the report is divided by geography - North America, Europe, the Asia-Pacific (APAC), South America and Middle-East & Africa (MEA); where-in the market share of each region is analyzed and estimates are provided for the next 6 years. The various applications of carbon nanotubes have been discussed in detail in addition to a comprehensive overview of the market.
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8. Company Profiles (Overview, Products & Services, Financials, Recent Developments)
8.1 CNano technology
8.3 Showa Denko
8.5 Bayer material science
8.6 carbon solutions
8.7 carbon NT&F
8.8 catalyx nanotech
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