Global Carbon Nanotubes Market Size study & Forecast, by Type, by Method, by End User and Regional Analysis, 2023-2030

Description

List of Tables

Global Carbon Nanotubes Market is valued at approximately USD 0.96 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 14.6% during the forecast period 2023-2030. A carbon nanotube (CNT) is a cylindrical carbon-based structure with a typically nanometer-scale diameter, representing one of carbon's allotropes. Their remarkable characteristics stem from their nanoarchitecture and the robust bonds between carbon atoms. CNTs are known for their exceptional tensile strength and thermal conductivity. Additionally, specific configurations of Single-Walled Carbon Nanotubes (SWCNTs) display heightened electrical conductivity, while others exhibit semiconductor properties. CNTs possess high electrical, mechanical, and thermal properties, making them valuable components in electronics for efficient signal transmission and high-speed data processing. Therefore, the high demand for electronic products in various sectors is driving the growth of this market. Carbon Nanotubes can efficiently capture and convert sunlight into electricity through photovoltaic processes, offering potential applications in solar cells and panels with potential in energy storage applications, such as high-capacity batteries and supercapacitors, contributing to the advancement of renewable energy technologies.

The rising adoption of Renewable energy sources due to the awareness of protecting the earth from pollution is driving the growth of the Carbon Nanotubes Market. According to Center for Climate and Energy Solutions, in 2020, renewable energy sources accounted for 29% of electricity generation globally, with a significant portion derived from hydropower, constituting 16.8 %. The continuous Research and Development process in the Scope of Application for Carbon Nanotubes is expected to be an opportunity where the component can be used in many other industries. The utilization of CNT in drug delivery systems to encapsulate and transport therapeutic agents to specific targets in the body, offering precise and controlled release. The potential applications of carbon nanotubes (CNTs) in imaging techniques and various biomedical fields have expanded, broadening their capabilities within the industry. However, Inorganic and boron nitride nanotubes are often preferred over carbon nanotubes due to their high electrical insulation properties, making them advantageous in applications requiring resistance to harsh environments and high temperatures. Scaling up the production of Carbon Nanotubes (CNTs) encounters notable hurdles, predominantly stemming from the intricacy of achieving consistent quality and large quantities during synthesis.

The key regions considered for the Global Carbon Nanotubes Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the burgeoning demand for electronic products, particularly circuit boards, which are poised to amplify the utilization of Carbon Nanotubes (CNTs) in these applications. North America is expected to grow significantly over the forecast period, Given the concentration of numerous prominent manufacturers in this region, Also, an anticipated surge in demand for polymer manufacturing within the US market is expected to occur which boosts the Carbon Nanotubes Market expansion.

Major market player included in this report are:

LG Chemicals Limited
Cabot Corporation
Resonac Holdings Corporation
Jiangsu Cnano Technology Co, Ltd.
Timesnano
Nanocyl SA
Arkema SA
Sumitomo Corporation
Cheap Tubes, Inc.
Hanwha Corporation

Recent Developments in the Market:

In May 2023, LG Chem is ramping up its presence in the global Carbon Nanotube (CNT) Market with the construction of its fourth CNT plant, following the commencement of operations at the CNT 3 Plant. This expansion is expected to double the company's annual CNT production capacity to 6,100 tons by 2025. LG Chem is also supplying CNT materials to automotive partners such as Mitsubishi Motors.
In January 2023, Cabot Corporation intends to invest around USD200 million in augmenting its U.S.-based capacity for conductive carbon additives tailored for lithium-ion batteries in electric vehicles. This investment is projected to be implemented over the next five years.
In March 2021, Cabot Corporation introduced its latest innovation, the ENERMAX carbon nanotube solutions, designed to optimize battery performance. Specifically, the ENERMAX 6 carbon nanotube series facilitates enhanced battery performance at reduced loadings, consequently enabling higher energy density within the battery.

Global Carbon Nanotubes Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Method, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Single-Walled Carbon Nanotubes (SWCNT)
Multi-Walled Carbon Nanotubes (MWCNT)

By Method:

Chemical Vapor Deposition
Catalytic Chemical Vapor Deposition (CCVD)
High Pressure Carbon Monoxide Reaction
Others

By End User:

Electronics & Semiconductors
Energy & Storage
Chemical Material & Polymers
Medical
Structural Composites Applications
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Carbon Nanotubes Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Carbon Nanotubes Market, by Type, 2020-2030 (USD Billion)
- 1.2.3.Carbon Nanotubes Market, by Method, 2020-2030 (USD Billion)
- 1.2.4.Carbon Nanotubes Market, by End User, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Carbon Nanotubes Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Carbon Nanotubes Market Dynamics

3.1.Carbon Nanotubes Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increasing demand for electronic products in various industries
  - 3.1.1.2.Burgeoning recognition of the necessity for renewable energy sources.
- 3.1.2.Market Challenges
  - 3.1.2.1.Preference of Inorganic & Boron Nitride Nanotubes over Carbon Nanotubes
  - 3.1.2.2.Scaling CNT production faces complexity in achieving quality and quantity.
- 3.1.3.Market Opportunities
  - 3.1.3.1.Increasing Demand for CNTs in Biomedical Industry
  - 3.1.3.2.Wide scope of unexplored application of CNTs in various industries

Chapter 4.Global Carbon Nanotubes Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Carbon Nanotubes Market, by Type

5.1.Market Snapshot
5.2.Global Carbon Nanotubes Market by Type, Performance - Potential Analysis
5.3.Global Carbon Nanotubes Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4.Carbon Nanotubes Market, Sub Segment Analysis
- 5.4.1.Single-Walled Carbon Nanotubes (SWCNT)
- 5.4.2.Multi-Walled Carbon Nanotubes (MWCNT)

Chapter 6.Global Carbon Nanotubes Market, by Method

6.1.Market Snapshot
6.2.Global Carbon Nanotubes Market by Method, Performance - Potential Analysis
6.3.Global Carbon Nanotubes Market Estimates & Forecasts by Method 2020-2030 (USD Billion)
6.4.Carbon Nanotubes Market, Sub Segment Analysis
- 6.4.1.Chemical Vapor Deposition
- 6.4.2.Catalytic Chemical Vapor Deposition (CCVD)
- 6.4.3.High Pressure Carbon Monoxide Reaction
- 6.4.4.Others

Chapter 7.Global Carbon Nanotubes Market, by End User

7.1.Market Snapshot
7.2.Global Carbon Nanotubes Market by End User, Performance - Potential Analysis
7.3.Global Carbon Nanotubes Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4.Carbon Nanotubes Market, Sub Segment Analysis
- 7.4.1.Electronics & Semiconductors
- 7.4.2.Energy & Storage
- 7.4.3.Chemical Material & Polymers
- 7.4.4.Medical
- 7.4.5.Structural Composites Applications
- 7.4.6.Others

Chapter 8.Global Carbon Nanotubes Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Carbon Nanotubes Market, Regional Market Snapshot
8.4.North America Carbon Nanotubes Market
- 8.4.1.U.S. Carbon Nanotubes Market
  - 8.4.1.1.Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Method breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.End User breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Carbon Nanotubes Market
8.5.Europe Carbon Nanotubes Market Snapshot
- 8.5.1.U.K. Carbon Nanotubes Market
- 8.5.2.Germany Carbon Nanotubes Market
- 8.5.3.France Carbon Nanotubes Market
- 8.5.4.Spain Carbon Nanotubes Market
- 8.5.5.Italy Carbon Nanotubes Market
- 8.5.6.Rest of Europe Carbon Nanotubes Market
8.6.Asia-Pacific Carbon Nanotubes Market Snapshot
- 8.6.1.China Carbon Nanotubes Market
- 8.6.2.India Carbon Nanotubes Market
- 8.6.3.Japan Carbon Nanotubes Market
- 8.6.4.Australia Carbon Nanotubes Market
- 8.6.5.South Korea Carbon Nanotubes Market
- 8.6.6.Rest of Asia Pacific Carbon Nanotubes Market
8.7.Latin America Carbon Nanotubes Market Snapshot
- 8.7.1.Brazil Carbon Nanotubes Market
- 8.7.2.Mexico Carbon Nanotubes Market
8.8.Middle East & Africa Carbon Nanotubes Market
- 8.8.1.Saudi Arabia Carbon Nanotubes Market
- 8.8.2.South Africa Carbon Nanotubes Market
- 8.8.3.Rest of Middle East & Africa Carbon Nanotubes Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. LG Chemicals Limited
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2.Cabot Corporation
- 9.3.3.Resonac Holdings Corporation
- 9.3.4.Jiangsu Cnano Technology Co, Ltd.
- 9.3.5.Timesnano
- 9.3.6.Nanocyl SA
- 9.3.7.Arkema SA
- 9.3.8.Sumitomo Corporation
- 9.3.9.Cheap Tubes, Inc.
- 9.3.10.Hanwha Corporation

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Carbon Nanotubes Market, report scope
TABLE 2.Global Carbon Nanotubes Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Carbon Nanotubes Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4.Global Carbon Nanotubes Market estimates & forecasts by Method 2020-2030 (USD Billion)
TABLE 5.Global Carbon Nanotubes Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 6.Global Carbon Nanotubes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Carbon Nanotubes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Carbon Nanotubes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Carbon Nanotubes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Carbon Nanotubes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Carbon Nanotubes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Carbon Nanotubes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Carbon Nanotubes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Carbon Nanotubes Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Carbon Nanotubes Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.U.S. Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.Canada Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20.Canada Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.Canada Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.UK Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23.UK Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.UK Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.Germany Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26.Germany Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.Germany Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.France Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29.France Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.France Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.Italy Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32.Italy Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Italy Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Spain Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35.Spain Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.Spain Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.RoE Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38.RoE Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.RoE Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.China Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41.China Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.China Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.India Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44.India Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.India Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.Japan Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47.Japan Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.Japan Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.South Korea Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50.South Korea Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.South Korea Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.Australia Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53.Australia Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.Australia Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.RoAPAC Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56.RoAPAC Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.RoAPAC Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.Brazil Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59.Brazil Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Brazil Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Mexico Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62.Mexico Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.Mexico Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.RoLA Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65.RoLA Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.RoLA Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.Saudi Arabia Carbon Nanotubes Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68.South Africa Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.RoMEA Carbon Nanotubes Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.List of secondary sources, used in the study of global Carbon Nanotubes Market
TABLE 71.List of primary sources, used in the study of global Carbon Nanotubes Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Carbon Nanotubes Market, research methodology
FIG 2.Global Carbon Nanotubes Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Carbon Nanotubes Market, key trends 2022
FIG 5.Global Carbon Nanotubes Market, growth prospects 2023-2030
FIG 6.Global Carbon Nanotubes Market, porters 5 force model
FIG 7.Global Carbon Nanotubes Market, pest analysis
FIG 8.Global Carbon Nanotubes Market, value chain analysis
FIG 9.Global Carbon Nanotubes Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Carbon Nanotubes Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Carbon Nanotubes Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Carbon Nanotubes Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Carbon Nanotubes Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Carbon Nanotubes Market, regional snapshot 2020 & 2030
FIG 15.North America Carbon Nanotubes Market 2020 & 2030 (USD Billion)
FIG 16.Europe Carbon Nanotubes Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Carbon Nanotubes Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Carbon Nanotubes Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Carbon Nanotubes Market 2020 & 2030 (USD Billion)