Global Carbon Nanotubes Market Size 2021-2026 Industry Share, Growth Analysis, Regional Demand, Key Manufacturers
Carbon nanotubes are a class of microscopic allotropes of carbon with sizes to the size of nanometers. Their electrical, warm and actual properties make them ideal for different modern applications. CNTs have phenomenal properties like high rigidity, proficient electrical conductivity and can endure high temperatures. These nanotubes are generally utilized in different modern applications including polymers, hardware, medication, aviation, safeguard, auto, and energy among others.
Carbon nanotubes are basically utilized in polymers, energy, electrical and hardware applications. They are broadly used to further develop properties of solidarity and weight in polymers as supporting material. Also, CNTs have more modest distance across and predominant electrical conductivity and can swap steel for different applications.
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ChemIntel360’s global Carbon Nanotubes Market study is a 200+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, end-use industrys, and end-use industry industry perspective. The industry is expected to grow at a CAGR of 14.4% mainly due to growing demand for Carbon Nanotubes from automotive industry as a substitute to copper wire which is expected to bolster the market over the forecast period.
Scope
This study contains global and regional market size data. The numbers are broken down by end-use industry (Electrical and Electronics, Aerospace and Defense, Energy, Healthcare, Automotive, Textiles and Others), by Type (Single-walled Carbon Nanotubes, Multi-walled Carbon Nanotubes). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Carbon Nanotubes market, which grew from US$X.X million in 2015 to US$X.X million in 2019, dropped marginally to US$765.73 million in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X million and increase to US$X.X million in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X million during the forecast period as compared to US$X.X million during the historical period.
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Key Players:
LG Chemical Limited (South Korea), Cabot Corporation (US), Showa Denko K.K. (Japan), Jiangsu Cnano Technology Co., Ltd. (China), and Chengdu Organic Chemicals Co. Ltd. (China).
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ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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