Market Size

The global carbon nanotubes (CNT) market size was valued at USD 876 million in 2020 and is estimated to reach a value of USD xx billion in 2027. The carbon nanotubes (CNT) market analysis shows that it will grow with a CAGR of 14.4% over the forecast period of 2021 to 2027.

Market Driver

Carbon nanotubes demand and use are rapidly growing in medical, aerospace and defense, coatings, and other applications, particularly in the Asia-Pacific region. The typical automobile comprises over 55 pounds of copper, the majority of which is in the form of electrical wire. An electric vehicle has about three times as many. Reducing the amount of copper used in cars will help to lower the vehicle's total weight, as well as its fuel consumption and emissions. CNTs are gaining popularity as a lighter alternative to copper wire. As the market for lightweight vehicles with high fuel performance and low carbon emissions grows, producers are gradually turning to carbon nanotubes (CNTs) as a lightweight alternative to copper. In applications such as sporting goods and bulletproof helmets, the market for composite materials is increasingly growing. The addition of carbon nanotubes to an epoxy substance improves the final product's strength and mechanical properties. After high-quality finishing, these materials are stiffer, heavier, and lighter. CNTs are used in anti-static packaging and to monitor or improve mechanical and chemical conductivity in polymers. CNTs are most often used for structural strengthening. These are applied to other fabrics to maximize strength, weight reduction, and flexibility. Multi-walled carbon nanotubes are used in conductive transparent electrodes, conductive nano inks, nanodevices, conductive heating films, thermal interface material, screens, chemical sensors, supercapacitors energy storages, super batteries, solar power cells, and other applications due to their high electrical conductivity. MWCNT can be quickly distributed on plastic materials to boost mechanical properties and minimize part weight without compromising efficiency. MWCNT is cost-effective in vehicle and aviation applications because it saves gasoline and reduces carbon dioxide (CO2) emissions.

Segment Outlook

Based on type, the market is segmented into Single Walled & Multi Walled. The Multi Walled segment is estimated to be the largest segment over the forecast period.  Based on end use, the market is segmented into Electronics & Semiconductors, Chemical Materials & Polymers, Structural Composites, Energy & Storage, Medical. The medical application segment is estimated to be the largest segment over the forecast period.

Regional Outlook

The Carbon Nanotubes (CNT) market research report provides an in-depth analysis of the industry, incorporating quantitative and qualitative data. It includes historical, present, and forecast data of the global market for carbon nanotubes (CNT) by segment. Furthermore, it provides market size and forecast estimates for five regions, namely Asia Pacific, North America, Europe, Central & South America, Middle East, and Africa from 2015 to 2027. The market for Carbon Nanotubes (CNT) is segmented by region and then by country and segment. It has been estimated that Asia Pacific accounted for largest market share in global carbon nanotubes (CNT) market. The key countries in this market include U.S., Italy, Germany, France, China, India, and Japan. The report analyzes supply and demand-side factors affecting Carbon Nanotubes (CNT) market and then evaluates market dynamics affecting the market in coming years. Qualitative insight available in this report are opportunities, drivers, restraints, and future trends.

Company Profile Outlook

Key companies profiled in this market are LG Chemical Limited (South Korea), Showa Denko K.K. (Japan), Jiangsu Cnano Technology Co., Ltd. (China), Cabot Corporation (US), and Chengdu Organic Chemicals Co. Ltd. (China). However, we have also considered other companies for detailed primary interviews.

Research Methodology

Carbon Nanotubes (CNT) market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts, channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Carbon Nanotubes (CNT) Market Size and Outlook by Type

• Single-Walled Carbon Nanotubes (SWCNT)
• Multi-Walled Carbon Nanotubes (MWCNT)

Carbon Nanotubes (CNT) Market Size and Outlook by Method

• Chemical Vapor Deposition
• Catalytic Chemical Vapor Deposition (CCVD)
• High-Pressure Carbon Monoxide Reaction
• Others

Carbon Nanotubes (CNT) Market Size and Outlook by End Use Industry

• Electronics & Semiconductors
• Energy & Storage
• Chemical Material & Polymers
• Medical
• Structural Composites Applications
• Others

Carbon Nanotubes (CNT) Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• LG CHEMICAL LIMITED
• CABOT CORPORATION
• SHOWA DENKO K.K.
• JIANGSU CNANO TECHNOLOGY CO., LTD.
• CHENGDU ORGANIC CHEMICALS CO. LTD.
• NANOCYL SA
• ARKEMA SA
• SUMITOMO CORPORATION
• CHEAP TUBES, INC.
• HANWHA CORPORATION

Actionable Outcomes

Our Carbon Nanotubes (CNT) Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will grow in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Carbon Nanotubes (CNT) market size
• Carbon Nanotubes (CNT) market size, drifts, drivers and opportunities
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Carbon Nanotubes (CNT) market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected Carbon Nanotubes (CNT) market size from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Carbon Nanotubes (CNT) market share
• Measures to consider for Carbon Nanotubes (CNT) market