Carbon Nanotubes Market to register substantial growth by 2025

October 10, 2019

According to the latest study titled ‘Global Carbon Nanotubes Market Research Report 2019-2025’ available with Market Study Report LLC, the carbon nanotubes market is estimated to grow substantially by the year 2025.

Carbon nanotubes (CNT), allotropes of carbon with a cylindrical nanostructure have rare properties which are utilized in the field of electronics, nanotechnology, optics, materials science, and other technology areas. For instance, in electronic devices, several components are designed to nano-sized physical dimensions, allowing more number of surface mount devices to be placed on a printed circuit board (PCB). Miniaturization of consumer devices, leading to growth in need for miniaturization of semiconductor components is driving the demand for carbon nanotubes market.  

Carbon nanotube materials have excellent electrical properties both as metals and semiconductors. Moreover, due to the incomparable strength and stiffness of the material, nanotubes have been manufactured with length-to-diameter ratio of up to 132,000,000:1, substantially larger than any other material, hence finding application across the electricals & electronics industry, thereby aiding market growth.

The study analyzes carbon nanotubes market for industry shares and growth opportunities as per different segments. Furthermore, it provides an exhaustive understanding of trends, challenges, marketing strategies, distributing channels, consumer spectrum, and drivers influencing the market growth. 

Based on type, the market is segmented as multi-wall carbon nanotubes and single-wall carbon nanotubes. While based on application spectrum, the carbon nanotubes market is divided into energy, polymers, medical, electricals & electronics, optical devices, chemical, and others.

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Considering the geographical landscape, the global carbon nanotubes market is fragmented into four major regions as the United States, China, European Union, and rest of the world including Japan, Korea, India and Southeast Asia.

Some of the vendors that operate in the carbon nanotubes market profiled in the report are Cnano Technology, Nanocyl, Arkema, Kumho Petrochemical, OCSiAl, Thomas Swan, and Showa Denko.