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The size of the carbon nanotube market-5.28 billion U.S. dollars in 2019, market growth-compound annual growth rate of 14.9%, market trend-growing demand for energy storage
Vancouver, British Columbia, Canada, November 5, 2021/EINPresswire.com/-"Global Carbon Nanotube Market Report Forecast to 2027" covers the carbon nanotube industry’s market size, market share, global spread, economic scenarios, demand and Supply and current trends. The study conducted a comprehensive assessment of technological progress, factors that promote and inhibit market growth, key statistics, market estimates, and detailed analysis of the market’s major manufacturers and suppliers. In addition, the report also provides an in-depth analysis of key areas of the market, as well as supply and demand statistics, trends, and the existence of major players in the industry.
Strict government regulation of the harmful effects of carbon nanotubes on the environment may hinder market demand in the next few years. The 23 chemical substances listed by the US Environmental Protection Agency (EPA) under the Toxic Substances Control Act (TSCA) include carbon nanotubes (single-wall and multi-wall). The regulation affects all activities related to the manufacture, import or processing of carbon nanotubes, which are considered to be an important new use.
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The report focuses on the growing demand for carbon nanotubes in the global market, especially in key regions of the carbon nanotube market, such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In addition, the report breaks down the market based on product type, application range, leading companies and key regions.
Main highlights of the report
In terms of product types, the market for multi-walled carbon nanotubes was the largest in 2019, at US$4.8 billion. The structure of this product type leads to better electrical conductivity and atomic bond strength to enable it to withstand high temperatures.
Divided by industry vertical, the electrical and electronic industries accounted for the second largest market share in 2019, and the growth rate is expected to be 14.6% during the forecast period. Compared with the number of transistors mounted on a silicon chip, due to its small size, a larger number of transistors produced by CNT can be mounted on the chip. In addition, compared to silicon chips, these chips are faster, more efficient, and generate much less heat.
In terms of revenue, North America accounted for the second largest market share in 2019 due to the growth and technological advancement of the electronics industry in the region, as well as the increase in the production of engineering polymers (carbon nanotubes improve thermal decomposition and melting temperatures).
The main participants introduced in the report:
Arkema SA, Carbon Solutions Inc., Showa Denko KK, Arry International Group Ltd., FutureCarbon GmbH, Unidym Inc., Continental Carbon Company, Klean Carbon Inc., Hyperion Catalysis International Inc. and Cnt Co. Ltd., etc.
The report further subdivides the carbon nanotube market based on product types, applications and regions.
Product type outlook (revenue, billion US dollars; 2017-2027)
Methodological outlook (revenue, billion US dollars; 2017-2027)
Industry vertical outlook (revenue, billion US dollars; 2017-2027)
Key areas of the carbon nanotube market:
North America (United States, Canada)
Europe (UK, Italy, Germany, France, other EU countries)
Asia Pacific (India, Japan, China, South Korea, Australia, other Asia Pacific regions)
Latin America (Chile, Brazil, Argentina, other parts of Latin America)
Middle East and Africa (Saudi Arabia, UAE, South Africa, other areas of MEA)
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The main objectives of the carbon nanotube market report:
Analysis and forecast of the global carbon nanotube market through market segmentation
Analysis of various macro and micro economic factors affecting market growth
Extensive SWOT analysis and Porter’s five forces analysis to provide a detailed view of the competitive landscape
Insight into drivers, constraints, opportunities, limitations, threats and challenges
Analyze the major players operating in the industry
Provide strategic advice on entry-level barriers to new entrants, and provide strategic advice to established players who develop fruitful business plans
Chapter 4 Carbon Nanotube Market Segmentation and Impact Analysis
4.1. Analysis of Material Segmentation of Carbon Nanotube Market
4.2.2.1. Increasingly used in electrical and electronic terminal industries
4.2.2.2. Increasing demand for energy storage
4.2.2.3. Growth of the automotive industry
4.5. Porter's Five Forces Analysis
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Thank you for reading our report. The report can be customized according to regional breakdown and competitive landscape. Please contact us for more information and our team will ensure that the report is very suitable for your requirements.
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