Carbon Nanotubes Market Report 2023 (Global Edition)

Global Carbon Nanotubes Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Carbon Nanotubes Industry growth. Carbon Nanotubes market has been segmented with the help of its Product , Application Technology, and others. Carbon Nanotubes market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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Carbon Nanotube Market, Type Segment Analysis

• Single Walled

Single Walled Revenue (USD Million) in Carbon Nanotube is projected to reach USD 5,422.16 Million by 2028. Carbon nanotube is cylindrical molecules consist of rolled sheets of single layer carbon atoms or graphene. Carbon nanotube have unique thermal and mechanical properties with tensile strength light weight, thermal conductivity, flexible. Single walled carbon nanotubes are one dimensional, cylindrically shaped allotropes pf carbon that have higher surface area and these nanotubes made of one thick nano carbon sheets that forms a tube shape. Single walled carbon nanotube used in aqueous, solvent and polymer dispersion and emulsions with traditional surfactants. Single walled carbon nanotubes have three types of structure such as Zigzag, Armchair, Chiral nanotube. The applications of single walled carbon nanotube include advanced electrodes, Energy storage, conductive films and coatings (including transparent conductive coatings), solar, wearable electronics, thermal interface materials, structural materials, catalyst supports, biomedical, and sensor applications. SWCNTs have been applied as the most basic building block of these systems, the electric wire. Having nanoscale diameters and an all nanocarbon structure makes them excellent conductors. Their electrical and thermal conductivity combined with their superior mechanical properties make them the ideal candidates for cutting edge advanced materials applications.

• Multi Walled

Multiwalled carbon nanotube are hollow cylindrical shaped allotropes of carbon. It consists of layers of concentric nanotubes of graphene inside other nanotubes. Multi-walled carbon nanotube has unique properties as each concentric nanotube have different structure. The multi wall carbon nanotube used in products improves mechanical, electrical and thermal conductivity in the products. The applications of multi walled carbon nanotube includes:

• Caulks and sealants
• Advanced ceramics
• Semiconducting materials
• Drug delivery
• Membrane and filters
• Medical implants
• Lithium-ion batteries
• Sporting goods (tennis rackets, bike rims)
• Aerospace
• Textiles & fibers
• Electromagnetic Shielding
• Catalysts (petrochemical)
• Sensors and Instruments
• Coatings (conductive thin films)
• Conductive polymers & composites (automobiles and electronics)
• Paints

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Carbon Nanotube Market,  by Application

• Electronics & Semiconductors

Electronics & Semiconductors Revenue (USD Million) in Carbon Nanotube is projected to reach USD 1,840.90 Million by 2028. Carbon nanotube has electrical properties such as thermal conductivity for organic material and has huge potential in electronic applications such as photovoltaic sensors, semiconductor devices, displays, conductors, smart textiles and energy conversion devices (e.g., fuel cells, harvesters and batteries). Carbon nanotube used for making transistors, thin film batteries, supercapacitors, ultra-conductive copper.

• Energy & Storage

Carbon Nanotube effectively producing electrical charges and thermal energy throughout tube. Carbon nanotube has effective producing electrical charges and thermal energy throughout the tube. The unique properties have created the potential for Carbon nanotube used as a supplemental material for energy conversion and storage devices. Carbon nanotube used inlead acid batteries that creates significant stronger and conductive energy storage products.

• Chemical Material & Polymers

Carbon nanotube made of organic and inorganic materials, polymer-based composite is suitable for its application in material science and medicinal chemistry.  Carbon Nanotube used in chemical sensor for environmental and health monitoring CNT-based sensors to multiple areas including environmental monitoring, food and agriculture applications, biological sensors, and national security. Carbon nano tube due to its unique properties such as mechanical and functional properties used in polymer composites. Polymer nanocomposites are new class of composite materials. Carbon nanotubes are nanofiller used in polymer composite material. Graphene carbon nanotubes composites, polymer materials used for improving mechanical properties and build strength and reliability in varied applications.

• Medical

Carbon nanotubes are very prevalent in medical research and used in efficient delivery and biosensing method for disease treatment and health monitoring. Carbon nanotube used in drug delivery and biosensing technology that has leveraged its position in the medical application. Carbon nanotube drug delivery used in surgery, radiation therapy, chemotherapy.

• Structural Composites Applications

Carbon nanotubes exhibit mechanical properties and is used for reinforced structural composites and surface area and conductivity attractive for electrochemical capacitors.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Carbon Nanotubes market report 2023 Edition by contacting our team.

Carbon Nanotubes Technology Segment Analysis

• Chemical Vapor Deposition 

Chemical Vapor Deposition Revenue (USD Million) in Carbon Nanotube is estimated to reach USD 3,926.37 Million by 2028.

Chemical vapor deposition is a complex process of depositing thin coatings on substrate through chemical reactions of gaseous materials. It is useful process to synthesize carbon nanotubes of high purity, density, strength It has emerged as unique method in industrial sector such as semiconductor and ceramic industries. Chemical vapor deposition is a synthesis method of carbon nanotubes that have excellent optical, electrical, magnetic, thermal, chemical, and mechanical properties. Chemical vapor deposition synthesis is effective method, simple operation, it is a reliable technique producing quality carbon nanotube. The production of single walled carbon nanotube requires higher cost.

• Catalytic Chemical Vapor Deposition (CCVD)

Catalyst chemical vapor deposition is an enhancement method used for synthesis of nano materials on thermally sensitive substrates in the presence of metal catalysts. Such catalyst ensures deposition carried out at low temperature and also produces films of high-purity. Catalytic chemical vapor deposition i efficient and low-cost method for mass production of high pure carbon nanotubes. Carbon nanotube produced by catalytic decomposition of hydrocarbon vapors. Cobalt, Iron, Nickel and their alloys are the most widely used catalysts in CNTs production through CVD process.

• High-Pressure Carbon Monoxide Reaction

The high-pressure carbon monoxide HiPco process has developed single walled carbon nanotubes form the gas phase reaction of iron carbonyl with high-pressure carbon monoxide gas. Iron pentacarbonyl produced iron nanoparticles that provides nucleation surface for transformation of carbon monoxide into carbon during growth of nanotubes. The carbon nanotube produced in the HiPco reactor which is fibrous material.

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

Asia Pacific Carbon Nanotube Market is a leading region!

The growing automobile, aerospace, electronics, and construction industries in countries like China, India, Malaysia, and Japan are driving the demand for Carbon Nanotubes which is contributing to the growth of the market. The rise in government support for the research and development of carbon nanotubes and increasing demand for electronic products are contributing to the growth of the market.

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

Company Profile

LG Chem

LG Chem is a Korean Based company which is involved in the development, production and distribution of the chemical solution all across the world. The company also has two subsidiaries LG Energy Solution and Farm Hannong. The company has three business area which are 

• Petrochemicals

     NCC
     Polyolefins
     PVC/Plasticizers
     ABS
     Acrylates/SAP
     HPM
     Catalyst
     CNT

• Advanced Materials

     Engineering Material
     IT Materials
     Battery Materials
     RO Filter
     Semiconductor Materials

• Life Sciences

     Primary Care
     Specialty Care
     Aesthetic 

Arkema

Arkema is a one of the major players which is involved in research, development, production and distribution of the Specialty Materials. The company operates in four segments which are Adhesive Solutions, Advanced Materials, Coating Solutions and Intermediates. The company offers various product family such as 

• Acrylics
• Plastic additives
• Rheology additives
• Specialty adhesives
• Technical fluids
• Fluorochemicals
• Hydrazine hydrate
• Odorants for gases and liquids
• Polyether ketone ketone
• Hydrogen peroxide
• Organic peroxides
• Fluoropolymers
• Thiochemicals
• Glass coating
• Specialty polyamides among the list.

Top Companies Market Share in Carbon Nanotubes Industry: (In no particular order of Rank)

• Air Liquide
• The Linde Group
• Arkema
• LG Chem
• Praxair
• Air Products and Chemicals
• Sobegi
• Messer Group
• Matheson Tri Gas
• Rahul Barium Chemicals
• Nafine Chemical Industry
• Shenhong Chemical
• Longfu Group
• Yabulai Salt Chem
• Jiaxin Chemical
• HaMi HongShan Chemistry
• Guangxin Chemical
• Xinji Chemical Group
• Shaanxi Fuhua Chemical
• Inner Mongolia Lichuan Chemical
• Sichuan Meishan Tianhe Chemical
• Xinxing Chem
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