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- 219 Market data Tables
- 47 Figures
- 240 Pages and in-depth TOC on “Carbon Nanotubes (CNT) Market – Global Forecast to 2026″
This report also provides a comprehensive analysis of the companies listed below:
LG Chemical Limited (South Korea), Cabot Corporation (US), Showa Denko K.K. (Japan), Jiangsu Cnano Technology Co., Ltd. (China), and Chengdu Organic Chemicals Co. Ltd. (China)
COVID-19 has made a significant economic impact on various financial as well as industrial sectors, such as travel and tourism, manufacturing, and aviation. The worst economic recession is expected during 2020-2021, according to World Bank and IMF. With the increasing number of countries imposing and extending lockdowns, economic activities are declining, impacting the global economy.
Multi-walled carbon nanotubes is projected to be the largest type of the carbon nanotubes market.
Multi-walled carbon nanotubes (MWCNT) leads the overall CNTs market, in terms of volume, due to its excellent tensile strength. Moreover, when MWCNTs are integrated into a composite, such as thermoplastic or thermoset compounds, it can significantly increase their strength. MWCNTs can also be easily spread on plastic materials, which improve the mechanical properties of the components and reduce their weight without affecting their performances. Using MWCNTs in automotive and aerospace industries enables fuel-saving and helps lower carbon dioxide (CO2) emissions.
APAC is the largest carbon nanotubes market globally.
APAC is projected to lead the carbon nanotubes market and this dominance is expected to continue till 2026. The market size for CNTs in APAC is expected to increase because of the rising penetration of CNTs in key applications such as conductive polymer composites and lithium batteries. The growing partnership between the suppliers and buyers of CNTs and substantial research & development spending have resulted in a significant upsurge in demand for CNTs in this region.