Showing posts with label Carbon Nanotube Market Share. Show all posts
Showing posts with label Carbon Nanotube Market Share. Show all posts

Wednesday, December 23, 2020

Carbon Nanotube Market Opportunity 2027 by Emergen Research

The global carbon nanotube market is expected to reach USD 16.22 Billion by 2027, according to a new report by Emergen Research. The carbon nanotube (CNT) market is experiencing a rapid growth attributable to its rising demand from end-user industries such as electrical & electronics, aerospace & defense, energy, healthcare, automotive, and textiles. Carbon nanotubes are appropriate for a large number of applications necessitating resilience, robustness, electrical & thermal conductivity, and lightweight characteristics as compared to conventionally used materials


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Key Highlights from the Report

By product type, multi-walled carbon nanotubes, in terms of revenue, contributed to the largest market size of USD 4.80 Billion in 2019. The structure of this product type results in better conductivity and the strength of atomic bonds enables it to endure high temperatures.

By industry vertical, the electrical & electronics industry held the second-largest market share in 2019 and is projected to witness a growth rate of 14.6% in the forecast period. A much larger number of transistors produced from CNTs can be fitted on a chip, due to their small size, as compared to the number fitted on a silicon chip. Also, the chips are faster, very efficient, and produce much less heat than silicon chips.

North America, in terms of revenue, held the second-largest market share in 2019, owing to the growth and technological advancements in the electronics industry and increased production of engineered polymers (CNTs improve the thermal decomposition and melting temperatures) in the region.

Carbon nanotubes display exceptional electrical characteristic and have enormous prospects in applications associated with electrical & electronic encompassing photovoltaic cells, smart textiles, semiconductor devices, sensors, conductors, displays, and energy conversion equipment comprising fuel cells and batteries. Apart from their exceptional electric conductivity, these products have a larger surface area, leading to improved chemical, mechanical, and electrochemical stability. These remarkable properties form the prospective for carbon nanotubes to be used as material for energy conversion and storage.

Key participants include FANUC, Aubo Robotics, Universal Robots, Yaskawa, KUKA, Techman Robot, Precise Automation, ABB, Rethink Robotics, and Doosan Robotics, among others.

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Product Type Outlook (Revenue, USD Billion; 2017-2027)

  1. Single-Walled Carbon Nanotube
  2. Multi-Walled Carbon Nanotube

Methods Outlook (Revenue, USD Billion; 2017-2027)

  1. Arc Discharge
  2. Laser Ablation of Graphite
  3. Chemical Vapor Deposition (CVD)

Industry Verticals Outlook (Revenue, USD Billion; 2017-2027)

  1. Electrical & Electronics
  2. Aerospace & Defense
  3. Energy
  4. Healthcare
  5. Automotive
  6. Textiles
  7. Others

Growing pet possession may be a major issue resulting in the market growth of the genetic abnormality testing section. Genetic attribute tests, like tests for coat color, and parentage tests area unit expected to rise with increasing pet population. what is more, genetic abnormality tests in eutherian mammal animals also are expected to grow throughout the forecast amount, to make sure disease-free breed of animals.

For more information about this report visit https://www.emergenresearch.com/industry-report/carbon-nanotube-market

Carbon Nanotube Market Table of content

Key questions addressed in the report:

  1. What are the predominant factors propelling the global Carbon Nanotube market development?
  2. Who are the leading distributors, traders, and dealers of this market?
  3. Who are the key manufacturers in the Carbon Nanotube business sector?
  4. What are the significant market opportunities and challenges for the v global market vendors?
  5. What are the sales and revenue estimations for the leading market players in the Carbon Nanotube market over the projected period?

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.