Carbon Nanotubes (CNT) Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224244

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224244

Carbon Nanotubes (CNT) Market

Growth Factors of Carbon Nanotubes Market

The carbon nanotubes market size was valued at USD 6.30 billion in 2023, and the market is now projected to grow from USD 6.88 billion in 2024 to USD 18.67 billion by 2032, exhibiting a CAGR of 13.3% during the forecast period of 2023-2030.

Trade obstruction imposed by several countries, a limited workforce, and a scarcity of freight containers hampered the market expansion. Supply chain disruption and transportation limitations had created logistical challenges. This has made it difficult to buy raw materials and transport finished products. The pandemic restrictions had reduced capacity and temporarily shut down the manufacturing plants. Therefore, the pandemic has significantly affected the carbon nanotubes market growth.

The carbon nanotubes market share globally has grown because of the augment in the aerospace industry. There are various risks involved in flying where most aircraft manufacturers endeavor to build the aerospace components tougher, longer-lasting, and stronger. Aerospace manufacturers are paying attention to reducing weight to reduce fuel consumption and extend aircraft operating costs. A modern and advanced airplane’s fuselage is prepared from multiple sheets of several composite materials. Nanomaterials are used for improving the properties and enhancing the overall aircraft performance.

The trend of integration of CNT into nanocomposites is appreciably escalating the market reach. Carbon nanotubes are used in various materials, such as nano-composites. This is improving mechanical strength, thermal conductivity, and other properties. CNTs have an extraordinary strength-to-weight ratio making them perfect reinforcements in composite materials. The resulting nanocomposite can exhibit improved tensile strength, stiffness, and toughness compared to the base material alone by dispersing CNTs within a polymer matrix.

Comprehensive Analysis of Carbon Nanotubes Market

The carbon nanotubes market and chemicals & advanced materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the advanced materials industry. These segmentations are methodically segregated by types of product and application. The product includes multi walled carbon nanotubes (MWCNT) and single walled carbon nanotubes (SWCNT).However, the applications are plastics & composites, electrical & electronics, energy, and others.

The Asia Pacific region is conducive to the global carbon nanotubes market leading to a recall of USD 2.45 billion owing to the availability of the resources and low fabrication cost are increasing demand for the carbon nanomaterials in the Chinese market. The government initiatives on making solar cells with growing production output of solar power supporting the market expansion.

The top players in the market play a critical role in the chemicals & advanced materials industry assuring industrial prospectus growth and setting market standards. These players include Arkema SA (France), Nanocyl SA (Belgium), Nanoshell LLC (U.S.), Carbon Solutions, Inc. (U.S.), Hyperion Catalysis International (U.S.), SHOWA DENKO K.K. (Japan), Klean Commodities (Canada), Cabot Corporation (U.S.), OCSiAl (Luxembourg), NoPo Nanotechnologies (India), Jiangsu Cnano Technology Co., Ltd. (China), these market players provide a level-playing competitive landscape.

In October 2023, Birla Carbon acquired Belgium-based Nanocyl SA to support growth in battery materials for lithium ion batteries. This acquisition is helpful in expanding the material portfolio for key markets and leveraging innovation to support growth beyond Carbon Black.

Segmentation Table

Global Carbon Nanotubes Market Scope

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 13.3% during 2024 to 2032

Unit Value (USD Billion); Volume (Tons)

Segmentation By Product

Multi walled carbon nanotubes (MWCNT)
Single walled carbon nanotubes (SWCNT)

By Application

Plastics & Composites
Electrical & Electronics
Energy
Others

By Region

North America (By Product, By Application, By Country)
U.S. (By Application)
Canada (By Application)
Mexico (By Application)
Europe (By Product, By Application, By Country)
Germany (By Application)
U.K. (By Application)
France (By Application)
Italy (By Application)
Rest of Europe (By Application)
Asia Pacific (By Product, By Application, By Country)
China (By Application)
Japan (By Application)
India (By Application)
South Korea (By Application)
Rest of Asia Pacific (By Application)
Latin America (By Product, By Application, By Country)
Brazil (By Application)
Rest of Latin America (By Application)
The Middle East & Africa (By Product, By Application, By Country)
Saudi Arabia (By Application)
South Africa (By Application)
Rest of the Middle East & Africa (By Application)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Regions; 4.2. Recent Industry Developments - Policies, Joint Ventures, Collaboration, Partnerships, New Product Launches, and Mergers & Acquisitions; 4.3. Latest Technological Advancements; 4.4. Insights on Sustainability; 4.5. Porter’s Five Forces Analysis; 4.6. Impact of COVID-19 on the Global Carbon Nanotubes Market
5. Global Carbon Nanotubes Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. By Product (Value/Volume); 5.2.1. Multi walled carbon nanotubes (MWCNT); 5.2.2. Single walled carbon nanotubes (SWCNT); 5.3. By Application (Value/Volume); 5.3.1. Plastics & Composites; 5.3.2. Electrical & Electronics; 5.3.3. Energy; 5.3.4. Others; 5.4. By Region (Value/Volume); 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Latin America; 5.4.5. Middle East & Africa
6. North America Carbon Nanotubes Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Product (Value/Volume); 6.2.1. Multi walled carbon nanotubes (MWCNT); 6.2.2. Single walled carbon nanotubes (SWCNT); 6.3. By Application (Value/Volume); 6.3.1. Plastics & Composites; 6.3.2. Electrical & Electronics; 6.3.3. Energy; 6.3.4. Others; 6.4. By Country (Value/Volume); 6.4.1. U.S.; 6.4.1.1. By Application (Value/Volume); 6.4.1.1.1. Plastics & Composites; 6.4.1.1.2. Electrical & Electronics; 6.4.1.1.3. Energy; 6.4.1.1.4. Others; 6.4.2. Canada; 6.4.2.1. By Application (Value/Volume); 6.4.2.1.1. Plastics & Composites; 6.4.2.1.2. Electrical & Electronics; 6.4.2.1.3. Energy; 6.4.2.1.4. Others; 6.4.3. Mexico; 6.4.3.1. By Application (Value/Volume); 6.4.3.1.1. Plastics & Composites; 6.4.3.1.2. Electrical & Electronics; 6.4.3.1.3. Energy; 6.4.3.1.4. Others
7. Europe Carbon Nanotubes Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Product (Value/Volume); 7.2.1. Multi walled carbon nanotubes (MWCNT); 7.2.2. Single walled carbon nanotubes (SWCNT); 7.3. By Application (Value/Volume); 7.3.1. Plastics & Composites; 7.3.2. Electrical & Electronics; 7.3.3. Energy; 7.3.4. Others; 7.4. By Country (Value/Volume); 7.4.1. Germany; 7.4.1.1. By Application (Value/Volume); 7.4.1.1.1. Plastics & Composites; 7.4.1.1.2. Electrical & Electronics; 7.4.1.1.3. Energy; 7.4.1.1.4. Others; 7.4.2. U.K.; 7.4.2.1. By Application (Value/Volume); 7.4.2.1.1. Plastics & Composites; 7.4.2.1.2. Electrical & Electronics; 7.4.2.1.3. Energy; 7.4.2.1.4. Others; 7.4.3. France; 7.4.3.1. By Application (Value/Volume); 7.4.3.1.1. Plastics & Composites; 7.4.3.1.2. Electrical & Electronics; 7.4.3.1.3. Energy; 7.4.3.1.4. Others; 7.4.4. Italy; 7.4.4.1. By Application (Value/Volume); 7.4.4.1.1. Plastics & Composites; 7.4.4.1.2. Electrical & Electronics; 7.4.4.1.3. Energy; 7.4.4.1.4. Others; 7.4.5. Rest of Europe; 7.4.5.1. By Application (Value/Volume); 7.4.5.1.1. Plastics & Composites; 7.4.5.1.2. Electrical & Electronics; 7.4.5.1.3. Energy; 7.4.5.1.4. Others
8. Asia Pacific Carbon Nanotubes Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Product (Value/Volume); 8.2.1. Multi walled carbon nanotubes (MWCNT); 8.2.2. Single walled carbon nanotubes (SWCNT); 8.3. By Application (Value/Volume); 8.3.1. Plastics & Composites; 8.3.2. Electrical & Electronics; 8.3.3. Energy; 8.3.4. Others; 8.4. By Country (Value/Volume); 8.4.1. China; 8.4.1.1. By Application (Value/Volume); 8.4.1.1.1. Plastics & Composites; 8.4.1.1.2. Electrical & Electronics; 8.4.1.1.3. Energy; 8.4.1.1.4. Others; 8.4.2. India; 8.4.2.1. By Application (Value/Volume); 8.4.2.1.1. Plastics & Composites; 8.4.2.1.2. Electrical & Electronics; 8.4.2.1.3. Energy; 8.4.2.1.4. Others; 8.4.3. Japan; 8.4.3.1. By Application (Value/Volume); 8.4.3.1.1. Plastics & Composites; 8.4.3.1.2. Electrical & Electronics; 8.4.3.1.3. Energy; 8.4.3.1.4. Others; 8.4.4. South Korea; 8.4.4.1. By Application (Value/Volume); 8.4.4.1.1. Plastics & Composites; 8.4.4.1.2. Electrical & Electronics; 8.4.4.1.3. Energy; 8.4.4.1.4. Others; 8.4.5. Rest of Asia Pacific; 8.4.5.1. By Application (Value/Volume); 8.4.5.1.1. Plastics & Composites; 8.4.5.1.2. Electrical & Electronics; 8.4.5.1.3. Energy; 8.4.5.1.4. Others
9. Latin America Carbon Nanotubes Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Product (Value/Volume); 9.2.1. Multi walled carbon nanotubes (MWCNT); 9.2.2. Single walled carbon nanotubes (SWCNT); 9.3. By Application (Value/Volume); 9.3.1. Plastics & Composites; 9.3.2. Electrical & Electronics; 9.3.3. Energy; 9.3.4. Others; 9.4. By Country (Value/Volume); 9.4.1. Brazil; 9.4.1.1. By Application (Value/Volume); 9.4.1.1.1. Plastics & Composites; 9.4.1.1.2. Electrical & Electronics; 9.4.1.1.3. Energy; 9.4.1.1.4. Others; 9.4.2. Rest of Latin America; 9.4.2.1. By Application (Value/Volume); 9.4.2.1.1. Plastics & Composites; 9.4.2.1.2. Electrical & Electronics; 9.4.2.1.3. Energy; 9.4.2.1.4. Others
10. Middle East & Africa Carbon Nanotubes Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. By Product (Value/Volume); 10.2.1. Multi walled carbon nanotubes (MWCNT); 10.2.2. Single walled carbon nanotubes (SWCNT); 10.3. By Application (Value/Volume); 10.3.1. Plastics & Composites; 10.3.2. Electrical & Electronics; 10.3.3. Energy; 10.3.4. Others; 10.4. By Country (Value/Volume); 10.4.1. South Africa; 10.4.1.1. By Application (Value/Volume); 10.4.1.1.1. Plastics & Composites; 10.4.1.1.2. Electrical & Electronics; 10.4.1.1.3. Energy; 10.4.1.1.4. Others; 10.4.2. Saudi Arabia; 10.4.2.1. By Application (Value/Volume); 10.4.2.1.1. Plastics & Composites; 10.4.2.1.2. Electrical & Electronics; 10.4.2.1.3. Energy; 10.4.2.1.4. Others; 10.4.3. Rest of Middle East & Africa; 10.4.3.1. By Application (Value/Volume); 10.4.3.1.1. Plastics & Composites; 10.4.3.1.2. Electrical & Electronics; 10.4.3.1.3. Energy; 10.4.3.1.4. Others
11. Competitive Matrix: 11.1. Global Market Share/Ranking Analysis, By Key Manufacturer; 11.2. Company Profiles; 11.2.1. Arkema SA; 11.2.1.1. Overview; 11.2.1.2. Description; 11.2.1.3. Product Portfolio; 11.2.1.4. Financials (Data as available in public domain and/or on paid databases); 11.2.1.5. Recent Developments; 11.2.2. Nanocyl SA; 11.2.2.1. Overview; 11.2.2.2. Description; 11.2.2.3. Product Portfolio; 11.2.2.4. Financials (Data as available in public domain and/or on paid databases); 11.2.2.5. Recent Developments; 11.2.3. Nanoshell LLC; 11.2.3.1. Overview; 11.2.3.2. Description; 11.2.3.3. Product Portfolio; 11.2.3.4. Financials (Data as available in public domain and/or on paid databases); 11.2.3.5. Recent Developments; 11.2.4. Carbon Solutions, Inc.; 11.2.4.1. Overview; 11.2.4.2. Description; 11.2.4.3. Product Portfolio; 11.2.4.4. Financials (Data as available in public domain and/or on paid databases); 11.2.4.5. Recent Developments; 11.2.5. Hyperion Catalysis International; 11.2.5.1. Overview; 11.2.5.2. Description; 11.2.5.3. Product Portfolio; 11.2.5.4. Financials (Data as available in public domain and/or on paid databases); 11.2.5.5. Recent Developments; 11.2.6. SHOWA DENKO K.K.; 11.2.6.1. Overview; 11.2.6.2. Description; 11.2.6.3. Product Portfolio; 11.2.6.4. Financials (Data as available in public domain and/or on paid databases); 11.2.6.5. Recent Developments; 11.2.7. Klean Commodities; 11.2.7.1. Overview; 11.2.7.2. Description; 11.2.7.3. Product Portfolio; 11.2.7.4. Financials (Data as available in public domain and/or on paid databases); 11.2.7.5. Recent Developments; 11.2.8. Cabot Corporation; 11.2.8.1. Overview; 11.2.8.2. Description; 11.2.8.3. Product Portfolio; 11.2.8.4. Financials (Data as available in public domain and/or on paid databases); 11.2.8.5. Recent Developments; 11.2.9. OCSiAl; 11.2.9.1. Overview; 11.2.9.2. Description; 11.2.9.3. Product Portfolio; 11.2.9.4. Financials (Data as available in public domain and/or on paid databases); 11.2.9.5. Recent Developments; 11.2.10. NoPo Nanotechnologies; 11.2.10.1. Overview; 11.2.10.2. Description; 11.2.10.3. Product Portfolio; 11.2.10.4. Financials (Data as available in public domain and/or on paid databases); 11.2.10.5. Recent Developments; 11.2.11. Jiangsu Cnano Technology Co., Ltd.; 11.2.11.1. Overview; 11.2.11.2. Description; 11.2.11.3. Product Portfolio; 11.2.11.4. Financials (Data as available in public domain and/or on paid databases); 11.2.11.5. Recent Developments
12. Strategic Recommendations