Carbon Nanotubes Cnt Market
PUBLISHED: 2021 ID: SMRC20774
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Carbon Nanotubes Cnt Market

Carbon Nanotubes (CNT) Market Forecasts to 2028 – Global Analysis By Type (MWCNT, SWCNT), Application (Li-ion Battery Electrodes, Polymers), End User (Energy & Storage, Medical, Automotive, Industrial) and By Geography

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4.4 (19 reviews)
Published: 2021 ID: SMRC20774

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Carbon Nanotubes (CNT) Market is accounted for $765.73 million in 2020 and is expected to reach $2,580.49 million by 2028 growing at a CAGR of 16.4% during the forecast period. The increasing demand for lightweight and low carbon-emitting vehicles, technological advancements and decreasing production cost, and high growth of end-use industries, such as electrical & electronics and automotive are driving the market growth. However, environmental concern and health & safety issue is hampering the growth of the market.

Carbon nanotubes (CNTs) are cylindrically shaped structures with a diameter of one billionth of a meter, which is a hundred times tougher and just one-sixth as heavy as steel. The most noteworthy property of carbon nanotubes is the high strength and low weight joint with physical flexibility. Carbon nanotubes are increasingly being used as an efficient tool in transporting drug molecules, while it shows a foremost part in body implants, dental filling, and medical device components. Carbon nanotubes display higher thermal and electrical conductivity than conventional copper tubes. CNTs are functionalized with nucleic acids, proteins, bioactive peptides, and drugs for targeted drug delivery to the cells and organs. Carbon nanotubes assure low toxicity and are not immunogenic, owing to which it has potential application in the field of nanomedicine and nanobiotechnology, among others.

Based on the type, the Multi-Walled Carbon Nanotubes (MWCNT) segment is going to have lucrative growth during the forecast period. MWCNT has good electrical conductivity and is used in conductive heating films, transparent electrodes, conductive nano inks, nano devices, displays, super batteries, chemical sensors, super capacitors energy storages, thermal interface material, solar power cells, and other applications. MWCNT can be certainly spread on plastic materials and expand the mechanical properties of the components and reduce their weight without affecting their performance. Using MWCNT in automotive and aircraft applications is profitable as it enables fuel-saving and lowers carbon dioxide (CO2) emissions.

By geography, Asia Pacific is going to have high growth during the forecast period. In India, government initiatives, low-cost labour, such as Make in India, and the proposed scheme on entrepreneurship development may expose opportunities in the infrastructure and industrial segments.  China is a promptly emerging nation with many emerging applications such as, superconductors, filters, hydrogen storage and capacitors. It offers numerous opportunities for industry players who are eager to invest in the growing application areas. The country also offers inexpensive raw materials, a low cost of production, and the ability to cater to the local emerging markets. It is witnessing amplified demand for carbon nanotubes from the electronics & semiconductors end-use industry.

Some of the key players profiled in the Carbon Nanotubes (CNT) Market include Arkema SA, Canatu, Cnano, Continental Carbon Nanotechnologies, Foxconn, Hanao Co Ltd, Hyperion Catalysis International Inc, Klean Commodities, Nanocyl, Nanointegris, Nanothinx S.A, Shenzhen Nanotech Port Co. Ltd, SouthWest NanoTechnologies and TorayUnidym.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 765.73 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

16.4%

Predicted 2028 Value:

USD 2580.49 million

Forecast Years:

2021-2028

Tables, Graphs& Figures

372

Chapters Covered:

Type, Method, Application, End User,  and Region

Core Drivers and Opportunities:

  • Increasing demand for lightweight
  • Low carbon-emitting vehicles
  • Technological advancements

Restraining Factors & Market Threats:

  • Environmental concern
  • Health & safety issue


Types Covered:
• Multi-Walled Carbon Nanotubes (MWCNT)
• Single-Walled Carbon Nanotubes (SWCNT)

Methods Covered:
• Catalytic Chemical Vapor Deposition (Ccvd)
• Chemical Process
• Chemical Vapor Deposition (CVD)
• High-Pressure Carbon Monoxide Disproportionation (HiPCO) 52
• Miscellaneous Processes
• Physical Process
• Other Methods   

Applications Covered:
• Conductive Adhesives
• Conductive Polymer Composites
• Fire Retardant Plastics
• Li-ion Battery Electrodes
• Metal Matrix Composites
• Polymers
• Structural Polymer Composites
• Other Applications  

End Users Covered:
• Electronic & Semiconductors
• Energy & Storage
• Chemical Material & Polymers
• Medical
• Structural Composites Applications
• Advanced Materials
• Batteries & Capacitors
• Automotive
• Industrial
• Biomedicine
• Plastics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Carbon Nanotubes (CNT) Market is majorly driven by the increasing demand for lightweight and low carbon-emitting vehicles, technological advancements and decreasing production cost.

The multi-walled carbon nanotubes (MWCNT) segment is growing at a highest CAGR as MWCNT has good electrical conductivity and is used in conductive heating films, transparent electrodes, conductive nano inks, nano devices, displays, super batteries, chemical sensors, and other applications.

North America dominated with a significant market share due to the factors such as increasing demand for CNT in healthcare for gene delivery to organs or cells, biosensors diagnosis, and tissue regeneration.

Asia Pacific market is growing at a highest CAGR as the country in the region offers inexpensive raw materials, a low cost of production, and the ability to cater to the local emerging markets. It is witnessing amplified demand for carbon nanotubes from the electronics & semiconductors end-use industry.

Key players in Carbon Nanotubes (CNT) Market include Arkema SA, Canatu, Cnano, Continental Carbon Nanotechnologies, Foxconn, Hanao Co Ltd, Hyperion Catalysis International Inc, Klean Commodities, Nanocyl, Nanointegris, Nanothinx S.A, Shenzhen Nanotech Port Co. Ltd, SouthWestNanoTechnologies and TorayUnidym.

Table of Contents

1 Executive Summary       
        
2 Preface       

 2.1 Abstract      
 2.2 Stake Holders      
 2.3 Research Scope      
 2.4 Research Methodology      
  2.4.1 Data Mining     
  2.4.2 Data Analysis     
  2.4.3 Data Validation     
  2.4.4 Research Approach     
 2.5 Research Sources      
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions     
         
3 Market Trend Analysis       
 3.1 Introduction      
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities      
 3.5 Threats      
 3.6 Application Analysis      
 3.7 End User Analysis      
 3.8 Emerging Markets      
 3.9 Impact of Covid-19      
        
4 Porters Five Force Analysis       
 4.1 Bargaining Power Of Suppliers      
 4.2 Bargaining Power Of Buyers      
 4.3 Threat Of Substitutes      
 4.4 Threat Of New Entrants      
 4.5 Competitive Rivalry      
        
5 Global Carbon Nanotubes (CNT) Market, By Type       
 5.1 Introduction      
 5.2 Multi-Walled Carbon Nanotubes (MWCNT)      
 5.3 Single-Walled Carbon Nanotubes (SWCNT)      
        
6 Global Carbon Nanotubes (CNT) Market, By Method       
 6.1 Introduction      
 6.2 Catalytic Chemical Vapor Deposition (CCVD)      
 6.3 Chemical Process      
 6.4 Chemical Vapor Deposition (CVD)       
 6.5 High-Pressure Carbon Monoxide Disproportionation (HiPCO)       
 6.6 Miscellaneous Processes      
 6.7 Physical Process      
 6.8 Other Methods      
  6.8.1 Arc Discharge And Laser Ablation     
  6.8.2 Comocat     
  6.8.3 Electrolysis     
  6.8.4 Flame Synthesis     
        
7 Global Carbon Nanotubes (CNT) Market, By Application       
 7.1 Introduction      
 7.2 Conductive Adhesives      
 7.3 Conductive Polymer Composites      
 7.4 Fire Retardant Plastics      
 7.5 Li-ion Battery Electrodes      
 7.6 Metal Matrix Composites      
 7.7 Polymers      
 7.8 Structural Polymer Composites      
 7.9 Other Applications      
  7.9.1 Composites     
  7.9.2 Sensors     
  7.9.3 Filteration     
        
8 Global Carbon Nanotubes (CNT) Market, By End User       
 8.1 Introduction      
 8.2 Electronic & Semiconductors      
  8.2.1 Integrated Circuits (ICS)     
  8.2.2 Flexible Display     
  8.2.3 Superconductors     
  8.2.4 Transistors     
  8.2.5 Industrial Sensors     
 8.3 Energy & Storage      
  8.3.1 Lithium-Ion Batteries     
  8.3.2 Fuel Cells     
  8.3.3 Solar Pv Cells     
  8.3.4 Hydrogen Storage     
  8.3.5 Electrochemical Supercapacitors     
  8.3.6 Propellants     
 8.4 Chemical Material & Polymers      
  8.4.1 Coatings, Adhesive & Sealants     
  8.4.2 Water Filtration     
  8.4.3 Catalysts      
 8.5 Medical      
  8.5.1 Transdermal Drug Delivery     
  8.5.2 Cancer Treatment     
  8.5.3 Proteomics     
 8.6 Structural Composites Applications      
  8.6.1 Defense     
  8.6.2 Sporting Goods     
  8.6.3 Wind Turbine Blades     
  8.6.4 Light Vehicles/Automotive     
  8.6.5 Construction & Infrastructure     
 8.7 Advanced Materials      
 8.8 Batteries & Capacitors      
 8.9 Automotive      
 8.10 Industrial      
 8.11 Biomedicine      
 8.12 Plastics       
        
9 Global Carbon Nanotubes (CNT) Market, By Geography       
 9.1 Introduction      
 9.2 North America      
  9.2.1 US     
  9.2.2 Canada     
  9.2.3 Mexico     
 9.3 Europe      
  9.3.1 Germany     
  9.3.2 UK     
  9.3.3 Italy     
  9.3.4 France     
  9.3.5 Spain     
  9.3.6 Rest of Europe     
 9.4 Asia Pacific      
  9.4.1 Japan     
  9.4.2 China     
  9.4.3 India     
  9.4.4 Australia     
  9.4.5 New Zealand     
  9.4.6 South Korea     
  9.4.7 Rest of Asia Pacific     
 9.5 South America      
  9.5.1 Argentina     
  9.5.2 Brazil     
  9.5.3 Chile     
  9.5.4 Rest of South America     
 9.6 Middle East & Africa      
  9.6.1 Saudi Arabia     
  9.6.2 UAE     
  9.6.3 Qatar     
  9.6.4 South Africa     
  9.6.5 Rest of Middle East & Africa     
        
10 Key Developments       
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 10.2 Acquisitions & Mergers      
 10.3 New Product Launch      
 10.4 Expansions      
 10.5 Other Key Strategies      
        
11 Company Profiling       
 11.1 Arkema SA      
 11.2 Canatu      
 11.3 Cnano      
 11.4 Continental Carbon Nanotechnologies      
 11.5 Foxconn      
 11.6 Hanao Co Ltd      
 11.7 Hyperion Catalysis International Inc.      
 11.8 Klean Commodities      
 11.9 Nanocyl      
 11.10 Nanointegris      
 11.11 Nanothinx S.A.      
 11.12 Shenzhen Nanotech Port Co. Ltd      
 11.13 SouthWest NanoTechnologies      
 11.14 Toray      
 11.15 Unidym      


List of Tables        
1 Global Carbon Nanotubes (CNT) Market Outlook, By Region (2019-2028) (US $MN)        
2 Global Carbon Nanotubes (CNT) Market Outlook, By Type (2019-2028) (US $MN)        
3 Global Carbon Nanotubes (CNT) Market Outlook, By Multi-Walled Carbon Nanotubes (MWCNT) (2019-2028) (US $MN)        
4 Global Carbon Nanotubes (CNT) Market Outlook, By Single-Walled Carbon Nanotubes (SWCNT) (2019-2028) (US $MN)        
5 Global Carbon Nanotubes (CNT) Market Outlook, By Method (2019-2028) (US $MN)        
6 Global Carbon Nanotubes (CNT) Market Outlook, By Catalytic Chemical Vapor Deposition (CCVD) (2019-2028) (US $MN)        
7 Global Carbon Nanotubes (CNT) Market Outlook, By Chemical Process (2019-2028) (US $MN)        
8 Global Carbon Nanotubes (CNT) Market Outlook, By Chemical Vapor Deposition (CVD)  (2019-2028) (US $MN)        
9 Global Carbon Nanotubes (CNT) Market Outlook, By High-Pressure Carbon Monoxide Disproportionation (HiPCO)  (2019-2028) (US $MN)        
10 Global Carbon Nanotubes (CNT) Market Outlook, By Miscellaneous Processes (2019-2028) (US $MN)        
11 Global Carbon Nanotubes (CNT) Market Outlook, By Physical Process (2019-2028) (US $MN)        
12 Global Carbon Nanotubes (CNT) Market Outlook, By Other Methods (2019-2028) (US $MN)        
13 Global Carbon Nanotubes (CNT) Market Outlook, By Arc Discharge And Laser Ablation (2019-2028) (US $MN)        
14 Global Carbon Nanotubes (CNT) Market Outlook, By Comocat (2019-2028) (US $MN)        
15 Global Carbon Nanotubes (CNT) Market Outlook, By Electrolysis (2019-2028) (US $MN)        
16 Global Carbon Nanotubes (CNT) Market Outlook, By Flame Synthesis (2019-2028) (US $MN)        
17 Global Carbon Nanotubes (CNT) Market Outlook, By Application (2019-2028) (US $MN)         
18 Global Carbon Nanotubes (CNT) Market Outlook, By Conductive Adhesives (2019-2028) (US $MN)        
19 Global Carbon Nanotubes (CNT) Market Outlook, By Conductive Polymer Composites (2019-2028) (US $MN)        
20 Global Carbon Nanotubes (CNT) Market Outlook, By Fire Retardant Plastics (2019-2028) (US $MN)        
21 Global Carbon Nanotubes (CNT) Market Outlook, By Li-ion Battery Electrodes (2019-2028) (US $MN)        
22 Global Carbon Nanotubes (CNT) Market Outlook, By Metal Matrix Composites (2019-2028) (US $MN)        
23 Global Carbon Nanotubes (CNT) Market Outlook, By Polymers (2019-2028) (US $MN)        
24 Global Carbon Nanotubes (CNT) Market Outlook, By Structural Polymer Composites (2019-2028) (US $MN)        
25 Global Carbon Nanotubes (CNT) Market Outlook, By Other Applications (2019-2028) (US $MN)        
26 Global Carbon Nanotubes (CNT) Market Outlook, By Composites (2019-2028) (US $MN)        
27 Global Carbon Nanotubes (CNT) Market Outlook, By Sensors (2019-2028) (US $MN)        
28 Global Carbon Nanotubes (CNT) Market Outlook, By Filteration (2019-2028) (US $MN)        
29 Global Carbon Nanotubes (CNT) Market Outlook, By End User (2019-2028) (US $MN)        
30 Global Carbon Nanotubes (CNT) Market Outlook, By Electronic & Semiconductors (2019-2028) (US $MN)        
31 Global Carbon Nanotubes (CNT) Market Outlook, By Integrated Circuits (ICS) (2019-2028) (US $MN)        
32 Global Carbon Nanotubes (CNT) Market Outlook, By Flexible Display (2019-2028) (US $MN)        
33 Global Carbon Nanotubes (CNT) Market Outlook, By Superconductors (2019-2028) (US $MN)        
34 Global Carbon Nanotubes (CNT) Market Outlook, By Transistors (2019-2028) (US $MN)        
35 Global Carbon Nanotubes (CNT) Market Outlook, By Industrial Sensors (2019-2028) (US $MN)        
36 Global Carbon Nanotubes (CNT) Market Outlook, By Energy & Storage (2019-2028) (US $MN)        
37 Global Carbon Nanotubes (CNT) Market Outlook, By Lithium-Ion Batteries (2019-2028) (US $MN)        
38 Global Carbon Nanotubes (CNT) Market Outlook, By Fuel Cells (2019-2028) (US $MN)        
39 Global Carbon Nanotubes (CNT) Market Outlook, By Solar Pv Cells (2019-2028) (US $MN)        
40 Global Carbon Nanotubes (CNT) Market Outlook, By Hydrogen Storage (2019-2028) (US $MN)         
41 Global Carbon Nanotubes (CNT) Market Outlook, By Electrochemical Supercapacitors (2019-2028) (US $MN)        
42 Global Carbon Nanotubes (CNT) Market Outlook, By Propellants (2019-2028) (US $MN)        
43 Global Carbon Nanotubes (CNT) Market Outlook, By Chemical Material & Polymers (2019-2028) (US $MN)        
44 Global Carbon Nanotubes (CNT) Market Outlook, By Coatings, Adhesive & Sealants (2019-2028) (US $MN)        
45 Global Carbon Nanotubes (CNT) Market Outlook, By Water Filtration (2019-2028) (US $MN)        
46 Global Carbon Nanotubes (CNT) Market Outlook, By Catalysts (2019-2028) (US $MN)        
47 Global Carbon Nanotubes (CNT) Market Outlook, By Medical (2019-2028) (US $MN)        
48 Global Carbon Nanotubes (CNT) Market Outlook, By Transdermal Drug Delivery (2019-2028) (US $MN)        
49 Global Carbon Nanotubes (CNT) Market Outlook, By Cancer Treatment (2019-2028) (US $MN)        
50 Global Carbon Nanotubes (CNT) Market Outlook, By Proteomics (2019-2028) (US $MN)        
51 Global Carbon Nanotubes (CNT) Market Outlook, By Structural Composites Applications (2019-2028) (US $MN)        
52 Global Carbon Nanotubes (CNT) Market Outlook, By Defense (2019-2028) (US $MN)        
53 Global Carbon Nanotubes (CNT) Market Outlook, By Sporting Goods (2019-2028) (US $MN)        
54 Global Carbon Nanotubes (CNT) Market Outlook, By Wind Turbine Blades (2019-2028) (US $MN)        
55 Global Carbon Nanotubes (CNT) Market Outlook, By Light Vehicles/Automotive (2019-2028) (US $MN)        
56 Global Carbon Nanotubes (CNT) Market Outlook, By Construction & Infrastructure (2019-2028) (US $MN)        
57 Global Carbon Nanotubes (CNT) Market Outlook, By Advanced Materials (2019-2028) (US $MN)        
58 Global Carbon Nanotubes (CNT) Market Outlook, By Batteries & Capacitors (2019-2028) (US $MN)        
59 Global Carbon Nanotubes (CNT) Market Outlook, By Automotive (2019-2028) (US $MN)        
60 Global Carbon Nanotubes (CNT) Market Outlook, By Industrial (2019-2028) (US $MN)        
61 Global Carbon Nanotubes (CNT) Market Outlook, By Biomedicine (2019-2028) (US $MN)        
62 Global Carbon Nanotubes (CNT) Market Outlook, By Plastics  (2019-2028) (US $MN)        
        
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.        

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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