Carbon Nanotubes Market to Jump and Breach the USD 14.78 Billion Mark By 2028

10-May-2021 | Zion Market Research

Major players in the global carbon nanotubes market comprise Cheap Tubes Inc., Carbon Solutions, Inc., Nanocyl S.A., Klean Carbon Inc., Southwest Nanotechnologies, Inc., Nanolab Inc., Toray Industries, Inc., Nanothinx S.A., Hanwha Chemical Co. Ltd., and Arry International Group Limited. These players will have an important role in the development of global carbon nanotubes market in the years to come.

As per Zion Market Research, global carbon nanotubes market added up for USD 4.48 Billion in 2020 and is likely to cross USD 14.78 Billion by end of 2028, developing at a CAGR of almost 18.6% from 2016 to 2021.

As per analysts at Zion Market Research, the global carbon nanotubes market is likely to see noteworthy development in the years to come due to rising demand from polymers sector. Being the worldwide leader in electronics and electrical industry, India will see a massive investment in global carbon nanotubes market in the years to come. Apart from the electronics & electrical, India is set to see a CAGR development of 45.3% (from 2016–2021) in the area of nanotechnology for energy industry, boosting the global carbon nanotubes market. Asia Pacific is the quickest developing region for global carbon nanotubes market owing to the inflow of Foreign Direct Investment (FDI) in the energy industry.

Rising spending of market players in the global carbon nanotubes market is set to bolster the market. For example, in August 2017, Anhui Xibao Macromolecule Material together with OCSiAl conducted a global forum on the usages of nanotubes in ESD flooring. OCSiAl is the global leader in making single wall carbon nanotubes, which is a novel universal additive. Anhui Xibao Macromolecule Material is a skilled hi-tech Chinese maker of industrial coatings.

In 2020, electronics and semiconductor segment added up for more than 20% share of the global carbon nanotubes market, followed by chemicals & advanced materials.

Rising Requirement For Electronics & Semiconductor And Chemicals & Advanced materials Sector To Sustain The Dominance Of Asia Pacific In The Forecast Period

In terms of topography, Asia Pacific was the biggest region for global carbon nanotubes market all over the world owing to the rising requirement for electronics & semiconductor and chemicals & advanced materials sectors. In terms of income, Asia Pacific added up for the huge piece of the global carbon nanotubes market in 2020. In addition to this, global carbon nanotubes market has the huge chance in the emerging nations of North America owing to the robust production of engineered polymers sector in the years to come. Europe and North America together added up for 50% of the global carbon nanotubes market.

Browse the full Carbon Nanotubes Market, By Type (Single Walled Nanotubes (SWNT), Multi Walled Nanotubes (MWNT)) For Polymers, Electrical and Electronics, Energy, Composites, and other applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at

The global carbon nanotubes market is segmented as follows:

By Type

  • Single-walled Carbon Nanotubes
  • Multi-walled Carbon Nanotubes

By Technology

  • High Pressure Carbon Monoxide Reaction
  • Chemical Vapor Deposition
  • Catalytic Chemical Vapor Deposition
  • Others

By End Use Industry

  • Aerospace & Defense
  • Electronics & Semiconductors
  • Chemical & Advanced Materials
  • Energy and Utility
  • Healthcare
  • Pharmaceuticals
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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