Covid-19 Impact on Carbon Nanotubes Market Set for Rapid Growth and Expansion during 2022-28

Stratview Research announces the launch of a new research report on the Carbon Nanotubes Market is Segmented by Type (Multi-Walled Carbon Nanotube, Single-Walled Carbon Nanotube), by Method Type (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High-Pressure Carbon Monoxide Reaction, and Others), by Application Type (Electronics & Semiconductors, Advanced Materials, Chemical & Polymers, Batteries & Capacitors, Aerospace & Defense, Energy, Medical, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Market Insights
The carbon nanotubes market was estimated at USD 880 million in 2021 and is likely to grow at a CAGR of 14.19% during 2022-2028 to reach USD 2244.73 million in 2028.
The claim for carbon nanotubes has been growing rapidly in various applications such as integrated circuits, field emission displays, hydrogen storage, lithium batteries, solar PV cells, fuel cells, and drug delivery. Rising commercialization; ramping up of mounted dimensions; and technological progressions to minimize prices, enhance quality, and advance more innovative products are the drivers of the carbon nanotubes market. Presently, R&D is being adopted for seizing new applications, including glass ceramic, food material, structural steel, agriculture, and hair color. The relentless increase in the possibility of potential applications for carbon nanotubes will surge the demand going upward during the forecast period.
What are carbon nanotubes?
Carbon nanotubes are tiny allotropes of carbon with sizes measuring to the scale of nanometers. Driven by their thermal, electrical, and physical properties, they are considered to be the ideal claimant for various industrial applications. In addition, they bear remarkable properties such as excellent electrical conductivity and high tensile strength and also can withstand elevated temperatures.
Carbon nanotubes are extensively utilized in various industrial applications including electronics, polymers, medicine, aerospace, defense, automotive, and energy among a host of others.
Report Features
The report delivers a detailed view of the industry based on global Carbon Nanotubes Market size, market growth, and opportunities. The report also analyses market key aspects such as-
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Covid-19 Impact analysis.
• Market environment analysis: Growth drivers and constraints, and SWOT analysis.
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
Regional Analysis:
In terms of regions, the Asia-Pacific region is estimated to depict the highest growth during the forecast period, which can be attributed to the increasing demand for carbon nanotubes from countries such as China, South Korea, India, Vietnam, Singapore, and Taiwan. The strong demand in the region is the prime factor for the growth of the global carbon nanotubes market. China is expected to dominate the demand for carbon nanotubes owing to its rising industrial production. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
According to the report, the key players in the market are –
• Arkema SA
• Arry International Group Limited
• Advanced Nanopower Inc.
• Chasm Advanced Materials, Inc.
• Chengdu Organic Chemicals Co. Ltd.
• Carbon Solutions, Inc.
• Cnano Technology Ltd.
• Cheap Tubes, Inc.
• Grafen Chemical Industries (Grafen Co.)
• Hanwha Corporation
Read More: https://www.stratviewresearch.com/654/carbon-nanotubes-market.html
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