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The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
In the realm of mobility and manufacturing plants, the utilization of nanoscale particles revolutionizes production processes, though concerns about nanoparticle toxicity and agglomerates persist. Understanding the toxic effects on human health, industries like sporting goods and bulletproof jackets navigate the use of composite materials and epoxy resin to ensure safety. Enhanced chemical conductivity and mechanical conductivity in polymers lead to innovations in anti-static packaging and flexibility, driving weight reduction efforts. Materials like single-walled carbon nanotubes exhibit superior electrical properties and mechanical properties, benefiting diverse sectors including metals and ceramics. Embracing eco-friendly technology, industries prioritize purity in materials like graphite tubes and carbon fibers, essential in turbine blade reinforcements for renewable energy sources. From the aerospace defense industry to the biomedical industry, applications span drug delivery, cancer therapy, and medical devices, demonstrating the vast potential of carbon nanotubes in shaping technology and improving lives.
Moreover, single-walled carbon nanotubes (SWCNTs) are cylindrical structures with remarkable properties, including a high elastic modulus comparable to steel. These nanotubes find applications in various fields such as electronics (including carbon nanotube field-effect transistors), semiconductor devices, and industrial sensors due to their exceptional conductivity. Researchers, including those at MIT, explore methods like arc discharge, laser ablation, and chemical vapor deposition (CVD), including catalytic CVD and high-pressure carbon monoxide techniques like CoMoCAT and floating catalyst to produce them. In energy storage, SWCNTs enhance Li-ion batteries, lead acid batteries, fuel cells, and solar PV cells by improving electrochemical properties and hydrogen storage. They also benefit display technologies, integrated circuits, and superconductors. Additionally, SWCNTs are vital in medical applications such as tissue engineering, body implants, and dental filling materials, leveraging their biocompatibility and structural strength. From water filtration to fire retardants and proteomics, SWCNTs demonstrate versatility in modern chemical materials and pharmaceutical advancements, contributing to emerging technologies like 5G and quantum computing through their role in semiconductor fabs, display fabs, and EV manufacturing plants at the nanometer, micrometer, and millimeter scales.
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Market Scope |
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Report Coverage |
Details |
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Page number |
169 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 22.66% |
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Market Growth 2024-2028 |
USD 6.07 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
22.03 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 54% |
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Key countries |
US, China, India, Germany, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Arkema Group, Cabot Corp., Carbon Solutions Inc., CHASM Advanced Materials Inc., Continental Carbon Co., Hanwha Corp., Hyperion Catalysis International Inc., JiangSu Cnano Technology Ltd., Klean Industries Inc., LG Chem Ltd., Nano C Inc., Nanocyl SA, Nanoshel LLC, Nanostructured Materials Inc., NoPo Nanotechnologies India Pvt. Ltd., OCSiAl, Ossila Ltd., Raymor Industries Inc., Resonac Holdings Corp., and Toray Industries Inc. |
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Market dynamics |
Parent market analysis, Market forecasting growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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The carbon nanotube market size is forecast to increase by USD 6.07 billion, at a CAGR of 22.66% between 2023 and 2028. The carbon nanotube market is experiencing significant growth due to several key factors. Firstly, the miniaturization of semiconductor components drives the demand for carbon nanotubes as they offer superior electrical conductivity and thermal properties. Secondly, the use of carbon nanotubes as additives in structural reinforcement applications enhances the strength and durability of materials, making them ideal for various industries such as aerospace and automotive. Lastly, the increasing demand for lightweight and durable materials in consumer electronics, energy storage, and construction further fuels the market growth. Carbon nanotubes' unique properties, including their high aspect ratio, large surface area, and excellent mechanical strength, make them a valuable addition to numerous industries and applications.
For More Highlights About this Report, Download Free Sample in a Minute
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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