Report Id: SNS/C&M/1456 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Carbon Nanotubes Market is expected to increase at a CAGR of 17%, from $ 21.99 billion in 2021 to $56.42 billion in 2028. Demand for lightweight structural polymer composites, conductive fillers for EMI shielding materials, and antistatic packaging from automotive, electronics, energy, and industrial end-users are driving the worldwide carbon nanotubes market. Fuel pumps, fuel filter housings, connectors, reservoirs, line clamps, and electronic housings are all made with carbon nanotube-based ESD materials. Electromagnetic interference (EMI) shielding composites and antistatic packaging materials are made with carbon nanotubes in the electrical and electronics industries. Despite the fact that numerous conducting particles, such as carbon black particles, carbon fibres, or metallic fibres, have been researched, CNTs have showed superior EMI shielding properties due to their high aspect ratio, increased strength, flexibility, and low density, making them suitable fillers.
The Report identified a number of trends in the global industry, one of which is the high demand for diverse composite materials in a variety of applications, including bulletproof jackets and sporting goods. Carbon nanotubes are being more widely used in these applications because they improve the strength and mechanical qualities of completed market goods. Following the techniques that give high-quality finishing, the end products are stiffer, stronger, and lighter.
When it comes to electrical wiring, the average market vehicle uses 55 pounds of copper, but when it comes to electric cars, that quantity climbs to three times. The reduction in the quantity of copper used in vehicles is projected to result in a significant reduction in overall vehicle weight, as well as lower fuel consumption and carbon emissions, which would propel the market toward global expansion by the end of the term in 2028. In addition, its rise as a lighter alternative to copper has a significant role to play in the development of the market and changes to consider during the projection period, which ends in 2028.
Restraints that prevent the market from increasing in the forecast period of 2022-2028 are projected to have an influence on the carbon nanotubes market revenue. In the creation of nanomaterials, the release of nanoparticles and nano-biotechnological byproducts poses major dangers to human health and safety. A carbon nanotube can be found in a wide range of applications and goods, including solar cells and tennis rackets. They are growing their numbers in order to penetrate the environment, but the challenges that come with it are preventing them from doing so.
IMPACT OF COVID-19:
The emergence of the new coronavirus had a major economic influence on the operation of the carbon nanotube market. Travel, tourism, aviation, production, and manufacturing are among the financial and industrial market sectors that have been hit the worst. The International Monetary Fund and the World Bank predicted that the worst recession will occur in 2019-2020. Extending lockdown, market halts, and economic activity halts are all likely to reduce worldwide market demand. Furthermore, most countries' renewable energy sectors rely heavily on imports, particularly from China. COVID-19 has had the greatest impact on material supply and transportation in China, the pandemic's recognized source.
By Key Players:
Cheap Tubes, Inc., Showa Denko K.K., Thomas Swan & Co. Limited, Arkema SA, Carbon Solutions, Inc., Toray International Group Limited, LG Chem, Arry International Group Limited, Cnt Co., Ltd., Cnano Technology Ltd., Hanwha Corporation, Ocsial, Grafen Inc, Chengdu Organic Chemicals Co. Ltd., Klean Commodities, Kumho Petrochemical Co., Ltd., Raymor Industries Inc., Nanoshel LLC, Advanced Nanopower Inc., Nanolab Inc., Chasm Advanced Materials, Inc., Nano-C Inc., Xinnano Materials, Inc., Nanothinx S.A., Reinste Nano Ventures
Multi-Walled Carbon Nanotube
Single-Walled Carbon Nanotube
Chemical Vapor Deposition
Catalytic Chemical Vapor Deposition
High Pressure Carbon Monoxide Reaction
Electronics & Semiconductors
Chemical & Polymers
Batteries & Capacitors
Aerospace & Defense
High Pressure Carbon Monoxide
The carbon nanotubes market has been divided all across the region supported by the region into North American region, Asia-Pacific region, European region, Spanish American region, and also the Near East and African region. Being the fastest-emerging region, the biggest market share within the global market is held by the Asia-Pacific region because of the presence of states like Asian country, Japan, China, and India which are thought to be the most junction of the auto, electrical, and defense industry and hence drives the market demand during this region. Moreover, increasing urbanization and industrializations are other factors that make more market demand.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 21.99 Billion|
|Market Size by 2028||US$ 56.42 Billion|
|CAGR||CAGR of 17% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Multi-Walled Carbon Nanotube, Single-Walled Carbon Nanotube)
• By Method (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High Pressure Carbon Monoxide Reaction ,Others)
• By Application (Electronics & Semiconductors , Advanced Materials, Chemical & Polymers , Batteries & Capacitors , Aerospace & Defense, Energy, Medical,Others)
• By TECHNOLOGY (Arc Discharge, Laser Ablation, CVD, Catalytic CVD, High Pressure Carbon Monoxide, CoMoCAT, Floating Catalyst, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Cheap Tubes, Inc., Showa Denko K.K., Thomas Swan & Co. Limited, Arkema SA, Carbon Solutions, Inc., Toray International Group Limited, LG Chem, Arry International Group Limited, Cnt Co., Ltd., Cnano Technology Ltd., Hanwha Corporation, Ocsial, Grafen Inc, Chengdu Organic Chemicals Co. Ltd., Klean Commodities, Kumho Petrochemical Co., Ltd., Raymor Industries Inc., Nanoshel LLC, Advanced Nanopower Inc., Nanolab Inc., Chasm Advanced Materials, Inc., Nano-C Inc., Xinnano Materials, Inc., Nanothinx S.A., Reinste Nano Ventures|
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Cheap Tubes, Inc., Showa Denko K.K., Carbon Solutions, Inc., Thomas Swan & Co. Limited , Arkema SA, LG Chem, Toray International Group Limited, Arry International Group Limited, Hanwha Corporation, Cnt Co., Ltd., Cnano Technology Ltd., Ocsial, Kumho Petrochemical Co., Ltd., Grafen Inc , Chengdu Organic Chemicals Co. Ltd., Klean Commodities, Raymor Industries Inc., Nanolab Inc., Nanoshel LLC , Advanced Nanopower Inc., Chasm Advanced Materials, Inc., Nanothinx S.A., Nano-C Inc., Xinnano Materials, Inc., Reinste Nano Ventures
Ans: North American region, Asia-Pacific region, European region, Spanish American region are country has highest demand of the Global Carbon Nanotubes (CNT) Market
Ans: Multi-Walled Carbon Nanotube and Single-Walled Carbon Nanotube are the sub-segments of by type segment
Ans: From 2022 to 2028, the global carbon nanotubes market is expected to increase at a CAGR of 17 percent, from $ 21.99 billion in 2012 to $56.42 billion in 2038.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Carbon Nanotubes (CNT) Market Segmentation, by Type
8.1 Multi-Walled Carbon Nanotube
8.2 Single-Walled Carbon Nanotube
9. Global Carbon Nanotubes (CNT) Market Segmentation, by Method
9.1 Chemical Vapor Deposition
9.2 Catalytic Chemical Vapor Deposition
9.3 High Pressure Carbon Monoxide Reaction
10. Global Carbon Nanotubes (CNT) Market Segmentation, by Application
10.1Electronics & Semiconductors
10.2 Advanced Materials
10.3 Chemical & Polymers
10.4 Batteries & Capacitors
10.5 Aerospace & Defense
11. Global Carbon Nanotubes (CNT) Market Segmentation, by Technology
11.1 Arc Discharge
11.2 Laser Ablation
11.4 Catalytic CVD
11.5 High Pressure Carbon Monoxide
11.7 Floating Catalyst
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Nanocyl SA
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Cheap Tubes, Inc.
13.3 Showa Denko K.K.
13.4 Carbon Solutions, Inc.
13.5 Thomas Swan & Co. Limited
13.6 Arkema SA
13.7 LG Chem
13.8 Toray International Group Limited
13.8 Arry International Group Limited
13.9 Hanwha Corporation
13.10 Cnt Co., Ltd.
13.11 Cnano Technology Ltd.
13.13 Kumho Petrochemical Co., Ltd.
13.13 Grafen Inc.
13.13 Chengdu Organic Chemicals Co. Ltd.
13.16 Klean Commodities
13.17 Raymor Industries Inc.
13.18 Nanolab Inc.
13.19 Nanoshel LLC
13.20 Advanced Nanopower Inc.
13.21 Chasm Advanced Materials, Inc.
13.22 Nanothinx S.A.
13.23 Nano-C Inc.
13.24 Xinnano Materials, Inc.
13.25 Reinste Nano Ventures
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.