Carbon Nanotubes Market Will Surge to USD 15 Billion by 2026
According to the report, The global Carbon Nanotubes Market in 2019 was approximately USD 5 Billion. The market is expected to grow at a CAGR of 16% and is anticipated to reach around USD 15 Billion by 2026.
Carbon nanotubes, commonly known as CNTs are an allotrope of carbon that comes in a long hollow cylindrical shape of carbon molecule and has a size range of 1-150nm. These tubes are made from layers of graphene which are rolled together to form a cylindrical shape. They are light in weight and have good thermal conductivity along with good mechanical strength and have a high aspect ratio making them an ideal option for several industrial applications.
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The Carbon Nanotubes market research report delivers an acute valuation and taxonomy of the Carbon Nanotubes industry by practically splitting the market based on different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Carbon Nanotubes industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Carbon Nanotubes industry is provided for the leading economies of the world.
The Carbon Nanotubes market is segmented based on Type, Method, and Application. As per type segmentation, the market is divided into single and multi-walled. Based on method segmentation, the market is classified into Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High-Pressure Carbon Monoxide. In terms of application type, the market is bifurcated into Electronics & Semiconductors, Advanced Materials, Chemical & Polymers, Batteries & Capacitors, Aerospace & Defense, Energy, Others.
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Some of the essential players operating in the Carbon Nanotubes market, but not restricted to include Arkema Group, Chasm Advanced Materials Inc., Showa Denko K.K., Arry International Group LTD., Ocsial Llc, Cheap Tubes Inc., Cnano Technology Limited, Futurecarbon GmbH, Carbon Solutions Inc., Hyperion Catalysis International, Hanwha Chemical Corp., Klean Industries Inc., CNT Co., Ltd., Continental Carbon Company, LG Chem, Nano-C Inc., Nanocyl SA, Toray Industries, Inc.
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