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Global Carbon Nanotubes Market: By Type: Single Walled, Multi Walled; By Method: Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High Pressure Carbon Monoxide Reaction, Others; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Carbon Nanotubes Market Outlook
The global carbon nanotubes market attained USD 6 billion in 2020 and is expected to grow at a CAGR of 16% in the forecast period of 2020-2025 to reach USD 15 billion by 2026.
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Extensive Application of Carbon Nanotubes to Aid the Market Growth of Carbon Nanotubes
The market growth of carbon nanotubes is being driven by the rising demand for the product in various applications like integrated circuits, field emission displays, lithium batteries, hydrogen storage, fuel cells, solar PV cells, and drug delivery. Further, the growing commercialization and ramping up of installed capacities is boosting the market growth of carbon nanotubes. The technological advancements to bring into effect enhanced quality, develop advanced products, and decrease the prices is expected to aid the market growth over the forecast period. Moreover, the ongoing R&D to capture new applications, such as glass ceramic, structural steel, hair colour, and agriculture is predicted to aid the market growth in the coming years.
Region-wise, the Asia Pacific market is estimated to grow exponentially over the forecast period as a result of rising demand from many countries, such as China, India, Vietnam, Taiwan, South Korea, and Singapore. The robust demand from the region is contributing to the global growth of the carbon nanotubes. China is expected to dominate the carbon nanotubes demand owing to rising industrial production in the country.
Carbon nanotubes: Market Segmentation
Carbon nanotubes are basically tubes made of carbon and its diameter are usually measured in nanometers. They are also referred to as single-wall carbon nanotubes.
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On the basis of type, the market is divided into:
- Single Walled
- Multi Walled
Based on method, the industry can be segmented into:
- Chemical Vapor Deposition
- Catalytic Chemical Vapor Deposition
- High Pressure Carbon Monoxide Reaction
- Others
By application, the industry is categorised into:
- Batteries and Capacitors
- Chemical and Polymers
- Electrical and Electronics
- Automotive
- Energy
- Aerospace and Defense
- Medical
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Multi-Walled Carbon Nanotube Segment to Aid the Market Growth of Carbon Nanotubes
The market growth of carbon nanotubes is being driven by the rising demand for multi-walled carbon nanotube segment. The multi-walled variant of carbon nanotubes is used in various applications like conductive transparent electrodes, electrical conductivity, supercapacitors, conductive nano inks, conductive heating films, chemical sensors, super batteries, nanodevices, displays, energy storages, thermal interface material, and solar industries. Further, the steady rise in the feasibility of many potential applications of carbon nanotubes is expected to boost the market growth over the forecast period.
Key Industry Players in the Global Carbon nanotubes Market
The report gives a detailed analysis of the following key players in the global carbon nanotubes market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Arkema Group
- Toray Industries, Inc.
- Carbon Solutions, Inc.
- Cheap Tubes Inc.
- Nanocyl SA
- Jiangsu Cnano Technology Co., Ltd
- CHASM Advanced Materials Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Method, Application, Region |
| Breakup by Type | Single Walled, Multi Walled |
| Breakup by Method | Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High Pressure Carbon Monoxide Reaction, Others |
| Breakup by Application | Batteries and Capacitors, Chemical and Polymers, Electrical and Electronics, Automotive, Energy, Aerospace and Defense, Medical, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Arkema Group, Toray Industries, Inc., Carbon Solutions, Inc., Cheap Tubes Inc., Nanocyl SA, Jiangsu Cnano Technology Co., Ltd, CHASM Advanced Materials Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Carbon Nanotubes Market Analysis
8.1 Key Industry Highlights
8.2 Global Carbon Nanotubes Historical Market (2018-2022)
8.3 Global Carbon Nanotubes Market Forecast (2023-2028)
8.4 Global Carbon Nanotubes Market by Type
8.4.1 Single Walled
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Multi Walled
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Carbon Nanotubes Market by Method
8.5.1 Chemical Vapor Deposition
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Catalytic Chemical Vapor Deposition
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 High Pressure Carbon Monoxide Reaction
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Carbon Nanotubes Market by Application
8.6.1 Batteries and Capacitors
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Chemical and Polymers
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Electrical and Electronics
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Automotive
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Energy
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Aerospace and Defense
8.6.6.1 Market Share
8.6.6.2 Historical Trend (2018-2022)
8.6.6.3 Forecast Trend (2023-2028)
8.6.7 Medical
8.6.7.1 Market Share
8.6.7.2 Historical Trend (2018-2022)
8.6.7.3 Forecast Trend (2023-2028)
8.6.8 Others
8.7 Global Carbon Nanotubes Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 South Korea
9.3.3.6 Australia
9.3.3.7 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Arkema Group
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Toray Industries, Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Carbon Solutions, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Cheap Tubes Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Nanocyl SA
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Jiangsu Cnano Technology Co., Ltd
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 CHASM Advanced Materials Inc.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Carbon Nanotubes Market: Key Industry Highlights, 2018 and 2028
2. Global Carbon Nanotubes Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Carbon Nanotubes Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Carbon Nanotubes Historical Market: Breakup by Method (USD Billion), 2018-2022
5. Global Carbon Nanotubes Market Forecast: Breakup by Method (USD Billion), 2023-2028
6. Global Carbon Nanotubes Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Carbon Nanotubes Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Carbon Nanotubes Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Carbon Nanotubes Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Carbon Nanotubes Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Carbon Nanotubes Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Carbon Nanotubes Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Carbon Nanotubes Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Carbon Nanotubes Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Carbon Nanotubes Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Carbon Nanotubes Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Carbon Nanotubes Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Carbon Nanotubes Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Carbon Nanotubes Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Carbon Nanotubes Market Structure
Key Questions Answered in the Report
In 2020, the global carbon nanotubes market attained a value of nearly USD 6 billion.
The market is projected to grow at a CAGR of 16% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 15 billion by 2026.
The major drivers of the industry such as rising disposable incomes, increasing population, rising demand from the developing regions, and extensive applications are expected to aid the market growth.
The key market trend guiding the growth of the carbon nanotubes market includes the ongoing R&D to capture new applications, such as glass ceramic, structural steel, hair colour, and agriculture.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of carbon nanotubes are single walled and multi walled.
The significant methods in the industry are chemical vapor deposition, catalytic chemical vapor deposition, and high pressure carbon monoxide reaction, among others.
The major applications of carbon nanotubes are batteries and capacitors, chemical and polymers, electrical and electronics, automotive, energy, aerospace and defense, medical, among others.
The major players in the industry are Arkema Group, Toray Industries, Inc., Carbon Solutions, Inc., Cheap Tubes Inc., Nanocyl SA, Jiangsu Cnano Technology Co., Ltd, CHASM Advanced Materials Inc., among others.
Analyst Review
The global carbon nanotubes market attained a value of USD 6 billion in 2020 driven by rising demand from the developing regions. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 16%. The carbon nanotubes market is projected to reach USD 15 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the carbon nanotubes industry can be bifurcated into single walled and multi walled. On the basis of methods, the Industry is segmented into chemical vapor deposition, catalytic chemical vapor deposition, and high pressure carbon monoxide reaction, among others. By applications, the industry is categorised into batteries and capacitors, chemical and polymers, electrical and electronics, automotive, energy, aerospace and defense, medical, among others. The major regional markets for carbon nanotubes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arkema Group, Toray Industries, Inc., Carbon Solutions, Inc., Cheap Tubes Inc., Nanocyl SA, Jiangsu Cnano Technology Co., Ltd, CHASM Advanced Materials Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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